According to the latest Wall Street Journal article, the struggling crypto funding service, Celsius Network, could be planning to declare bankruptcy after hiring structural advisors from consultancy c...
Category: Tech
Live Tech News Updates.
Tech sentiment ‘feels pretty awful, which is a great sign’: Analyst
The brutal 2022 for stocks amid rising interest rates and soaring inflation has been particularly rough for technology-based growth stocks, and that could be an opportunity for longer term investors. ...
Polkadot Faces Restrictions below $8, and May Further Decline
Jun 25, 2022 at 10:43 // Price The price of Polkadot (DOT) is in a downtrend, but buyers are trying to break the 21-day line SMA. Today, the cryptocurrency is trading at $8.12, but it is restricted by...
Axie Infinity to compensate Ronin exploit victims and relaunch bridge
Sky Mavis, the creator of the play-to-earn game Axie Infinity (AXS), announced that it will reimburse victims of the Ronin bridge hack and reopen the bridge next week. In March, hackers stole more tha...
Charles Hoskinson Says Terra ($LUNA) Collapse Is the Major Reason Cardano Team Postponed Vasil Upgrade
– Advertisement – Cardano postponed Vasil’s upgrade to prevent the blockchain from experiencing the same fate as Terra. Charles Hoskinson, the founder of Cardano, has disclosed the exact ...
Axie Infinity’s Creator Sky Mavis Announced Plans To Reopen Ronin Bridge
Altcoin News Sky Mavis reported that the re-designed Ronin Bridge had passed an audit. In April, the business received $150 million in further capital funding. Axie Infinity’s creator, Sky Mavis, has ...
Beam Completed Its Annual Hard Fork on June 24
“With the upcoming hard fork, Beam is poised to fix a fundamental void in DeFi… Privacy,” explains Beam in its news update. DeFi enables trustless banking powered by blockchain and smart contracts, el...
Choise.com Token (CHO) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, Jun. 24, 2022 – LBank Exchange, a global digital asset trading platform, has listed Choise.com Token (CHO) on June 24, 2022. For all users of LBank Exchange, the CHO/USDT trading...
Huge Buy Opportunity If NEAR Price Drops To This Level?
The last week has been fruitful for NEAR investors as the price momentum carried a largely upward direction. From a level of just above $3 on June 19 to currently trading at $4.30, the token took a ju...
SHIB Reaches New Community Milestone: Report
Yuri Molchan Holder number of Shiba Inu canine token has surged to reach new historic high According to a recent report, the total amount of Shiba Inu holders has been growing every hour, and by now, ...
Why Solana Is Going Big on Mobile—And Making a Smartphone
In brief Solana Labs revealed a mobile platform called SMS and an Android smartphone device today. Decrypt spoke with Solana co-founder Anatoly Yakovenko after the event. Solana’s teasers leading up t...
Saddle Announces End of Lock-up Period for SDL Token
Saddle.Finance, a multi-chain decentralized automated market maker (AMM), ended the first vesting stage for its native token, $SDL, on June 23, 2022. All the community members who helped Saddle by pro...
Vultures are circling for Celsius – Is there still a chance for investors?
A stricken Celsius has frozen all withdrawals and has called in restructuring lawyers. Goldman Sachs is hovering in the wings, looking for the rich pickings should Celsius file for bankruptcy. Can Sim...
Millions Lost After Series of Cross-Chain Bridges Hacked
The ongoing attacks on cross-chain bridges caused significant damage to the crypto community as well as Harmony , which was especially problematic in light of the economic downturn. The Horizon bridge...
Cardano’s IOHK Shares Recap of Charles Hoskinson’s Testimony; Here’s What Was Said
Charles Hoskinson, the founder of Cardano, spoke on the future of digital asset regulation before the House committee on agriculture, which is in charge of the CFTC. The recap was shared by Cardano...
SEC v. Ripple: Court to Publicly File the Official Transcript of the June 7, 2022 Conference in September 2022
– Advertisement – The Securities and Exchange Commission (SEC) and Ripple have been notified that the Notice of Filing of the official transcript of the June 7, 2022 conference has been fi...
BAYC Files Lawsuit Against Parties Behind ‘Crazy Disinformation Campaign’
NFT News The team prepared the letter to more specifically counter the accusations. The hour-long video has received over 800,000 views on YouTube since its debut. The Bored Ape Yacht Club’s founders ...
Bored Ape Founders Respond to ‘Crazy Disinformation Campaign’ From ‘Demented Troll’
Six months after Yuga Labs first responded to accusations that its NFT collection, the Bored Ape Yacht Club, contained racist imagery, its founders have published a blog post addressing the issue in f...
Eminem and Snoop Dogg Turn Into BAYC Apes in New Music Video
Rap legends Snoop Dogg and Eminem released a music video yesterday featuring animated versions of their avatars from the Bored Ape Yacht Club (BAYC). Both artists recently joined the non-fungible toke...
USDC vs USDT: the differences between the two stablecoins
USDC and USDT are the two main stablecoins available in the crypto markets today. Both are 100% collateralized in US dollars, and convertible at par, but they have different histories behind them. Th...
Goldman Sachs To Acquire Celsius Network Through $2 Billion Fund Raising
The globe’s greatest financial firm, Goldman Sachs, has begun to consider acquiring assets from Celsius Network, a struggling crypto lending startup. As per publicly accessible data, Goldman Sachs is ...
Leave The Bear Market Behind And Start Earning Passive Income With Gnox (GNOX), Litecoin (LTC), And Shiba Inu (SHIB)
Let’s face it. Speculating on the crypto market is risky. The truth is that most amateur crypto investors lose money because they sell in times like these when they should be buying. However, if you c...
All You Need To Know About The Yuga Labs Lawsuit
BAYC’s creator Yuga Labs on Saturday said it has filed a lawsuit against responsible parties for defaming Yuga Labs and Bored Ape Yacht Club (BAYC) founders. The Yuga Labs v. Ryder Ripps lawsuit alleg...
Celsius Enlists More Advisors to Help With Potential Bankruptcy: Report
Cryptocurrency lending company Celsius may be on the brink of bankruptcy, preparing for an upcoming filing by hiring more advisers, according to a report today from the Wall Street Journal, citing unn...
Could THORChain’s mainnet launch invalidate RUNE’s bearish streak
THORChain [RUNE] has finally rolled out its native blockchain network which has been in the works for more than four years. The RUNE cryptocurrency, which will be native to the new blockchain, registe...
Here’s Why Shiba Inu Ecosystem Tokens’ Prices Are Shooting Up
Shiba Inu Ecosystem tokens have been trading under extreme selling pressure due to the crypto winter. However, the recent update regarding the expected launch of Shibarium has left the community excit...
Sorare: “Italy ranks third in active users”
Sorare was founded in 2018 when two French entrepreneurs, Nicolas Julia and Adrien Monfort, decided to combine their passion for football with blockchain technology, which with NFTs began to allow the...
Solana(SOL) Price at the Foothill of a Massive Explosion But $100 Appears Still Distinct
Solana price gained a huge bullish momentum ever since the co-founder announced the plans of rolling out an SMS platform & Android phone. The price which had broken the falling wedge had broken ou...
Justin Sun To Dump On USDD Investors, YouTuber Alleges
As USDD continues to perform below the $1 peg, there is talk of whether or not any risk is involved for the investors. After losing the dollar peg on June 13, Justin Sun USDD has since then fallen to ...
Following Aftermath of Recent Slump Bitpanda Announces Workforce Layoff
18 seconds ago | 2 mins read Exchange News The firm is it is cutting its workforce from 1,000 to 730. The rapid pace of recruiting was a miscalculation and unsustainable as per the firm. Crypto indust...