Key Takeaways The governor of the Bank of France announced today that the country’s national bank could introduce a CBDC by 2023. The proposed asset is a wholesale CBDC for use by central banks ...
Category: Tech
Live Tech News Updates.
Jed McCaleb’s $9B XRP Dumping Spree Ends This Weekend
Jed McCaleb, co-founder of Ripple Labs, will have sold all of his nine billion XRP stash by the weekend, marking the end of a billion-dollar dumping spree that was the subject of much controversy when...
DeFi: industry figures drop again
Since peaking in May 2021, decentralized finance (DeFi) market values have begun a slow descent that does not seem to be hinting at stopping. On average, the DeFi sector is now 65% below its May peak...
Vitalik Buterin Hits Out Against Proof-Of-Work Supporters Over This
Vitalik Buterin, the founder of Ethereum, took to Twitter to respond to allegations against Proof-Of-Stake. Nick Payton, a self-claimed Bitcoiner, claimed that Ethereum and Proof-of-Stake blockchains ...
Uniswap Reports Phishing Scam, As UNI Records 10% Profit In 7 days
Uniswap (UNI) has been moving against the general sentiment in the market. As Bitcoin, Ethereum, and larger cryptocurrencies give out their last week’s gains, UNI’s price remains impervious and mainta...
How Are Cryptocurrencies Analogy To Online Gambling?
6 hours ago | 2 mins read Editors News Recently, Sebastian Mallaby compares cryptocurrencies to gambling. According to Mallaby, cryptocurrencies cannot change the investing field. The English journali...
Inactive Supply Reaches All-Time High
Be[in]Crypto takes a look at Bitcoin (BTC) on-chain indicators, focusing on the Supply Last Active for different periods of time. BTC supply last active 1+ years ago The supply last active more than o...
Some beaten-down tech stocks are now ‘outright cheap’: JPMorgan
Some battered tech stocks could finally be worth a nibble based on attractive valuations, strategists at JPMorgan argued in a recent note. “On the price-to-sales metric, non-profitable tech is c...
Attorney Jeremy Hogan Is Positive On Recent Judgment
As the SEC vs Ripple case seems to go on for much longer than expected, defense lawyer, James K. Filan shares another update. As per the latest update, Judge Torres has partly approved the parties req...
SOL Crashes 7% Weekly, is $27 Coming? (Solana Price Analysis)
Solana lost its bullish momentum and is now falling below the ascending triangle in search of support again. Key Support levels: $27 Key Resistance levels: $44 Solana failed to rally over the weekend,...
Can Maker’s ‘world-first’ move merge DeFi with traditional banking
Maker was one of the most-discussed altcoins of the week. The Decentralized Finance protocol proposed the move of integrating the traditional banking system into its ecosystem. The response being over...
Uniswap Reports Phishing Scam, As UNI Records 10% Profit In 24 Hours
Uniswap (UNI) has been moving against the general sentiment in the market. As Bitcoin, Ethereum, and larger cryptocurrencies give out their last week’s gains, UNI’s price remains impervious and mainta...
Businesses Can Now Accept SHIB for Fiat Directly Through This Feature
NOWpayments, the Shiba Inu-friendly crypto payments processor, continues to expand support for the meme cryptocurrency. This time, in partnership with Switchere crypto exchange, NOWPayments has launch...
Shiba Inu and Its Quick Access in the Robinhood Platform
6 hours ago | 2 mins read Altcoin News The SHIB burnt in the last 24 hrs is 40 billion, in the last 13 transactions. The maximum supply of SHIB is 999 trillion, and the burn count is 410 trillion. Acc...
Ripple co-founder Jed McCaleb to finish selling XRP holdings by July 16
Ripple Co-founder Jed McCaleb will sell out his XRP holdings this week, according to a tweet from the founder of XRPArcade, Leonidas, on July 10. McCaleb would be selling 4.215 million units of XRP pe...
Celsius Unlocks $418M From Aave
Key Takeaways Crypto lending company Celsius repaid the majority of its debt to Aave today and managed to unlock 400,000 stETH from the protocol. It has also started unwinding positions on Compound, t...
Terra projects move to Polygon following LUNA & UST collapse
May 2022 was one of the most eventful months in crypto as it saw a project ranking among the top-ten largest coins by market cap lose its value to $0. The collapse of Terra LUNA and TerraUSD (UST) aff...
ServiceNow sinks after CEO warns global tech firms won’t be able to outrun strong dollar
The strong U.S. dollar is a drag against technology brands in an environment already battered by fierce macro headwinds, ServiceNow CEO Bill McDermott told CNBC’s Jim Cramer. “You’re...
Polygon: Explained why MATIC is registering constant gains
Major cryptocurrencies have been falling since a weekend sell-off, but MATIC has been registering constant gains. It’s important to note that Polygon has released a raft of new upgrades on its network...
XPENG Robotics Raises $100M to Bring Smart Robots to Households
XPENG Robotics has quite a number of competitors who are also exploring this new niche while developing functional products that can be deployed and utilized by households every day. XPENG Robotics ha...
Celsius Repays Aave Debt, Withdraws stETH Worth $416 Mln
Crypto lender Celsius has cleared its intention now as it continues to repay its Aave loan. The outstanding debt has now been reduced to almost $50 million. The crypto lender has also withdrawn stETH ...
Biggest Cardano (ADA) DEX Will Launch Own Token in Mid-July, Here’s Its Utility & Tokenomics
The largest decentralized exchange on the Cardano network, WingRiders, announced the launch of its governance token, WRT, on July 14. A key advantage for future WRT holders, according to the lending s...
Over 7 Million Businesses Can Now Accept Cardano (ADA) as a Payment Method
– Advertisement – COTI’s ADA Pay has been integrated into the Odoo platform, making it possible for businesses to accept Cardano in payments. COTI stated that the ADA Pay plugin has been...
U.S. Judge Partly Grants and Denies Ripple’s Motion Against SEC Over Experts Reports
Judge Analisa Nadine Torres of the U.S. District Court for the Southern District of New York has partly granted and denied Ripple’s motion against the U.S. SEC’s “unprecedented” move to seal the ident...
Harmony (ONE) Approaches Peak After 95% Drop Since All-Time High
Harmony (ONE) is trading in the lower portion of a corrective pattern. It has not yet shown any clear signs of a potential bullish reversal. ONE has been falling since reaching a high of $0.38 in Oct ...
Grayscale is serious about its case against the SEC
After the rejection of Grayscale’s application to convert its GBTC fund into an ETF, the company sued the SEC. Grayscale does not drop lawsuit against the SEC It now turns out that Grayscale really m...
Gate Io Accelerates Global Expansion Strategy With Key Appointments
[PRESS RELEASE – Majuro, Marshall Islands, 12th July 2022] Gate.io, one of the foremost cryptocurrency exchanges, is accelerating its global strategy and, as a result, hiring and expanding operations ...
Tron’s TVL tale has these tips for positional TRX traders
In the face of hacks, exploits, and a general market downturn, the year so far has been tumultuous for decentralized finance (DeFi) and the players within the ecosystem. According to data from DeFi Ll...
Terra Projects Collaborate To establish On Polygon Layer 2
The collapse of algorithmic Terra USD has created many setbacks and distortion in the broader crypto space. The outcome could only be better imagined for most projects running on the platform. Lots of...