The current performance of cryptocurrencies is making many investors anxious. Some are thinking that the cryptocurrency market might be taking a turn for the worse. More than $91 billion has been wipe...
Category: Tech
Live Tech News Updates.
Three Arrows Assets Ordered Frozen By Judge – How Much Deeper 3AC’s Trouble Can Get?
Three Arrows Capital just got itself in deeper trouble while the brains behind the company are nowhere to be found. The New York Southern Bankruptcy Court on Wednesday held an emergency hearing for cr...
Alibaba And Tencent Fined In China Tech Crackdown
Getty Images Key takeaways Stocks in China plunged Monday as the country’s anti-monopoly authority announced multiple fines for failure to report past merger activities Alibaba and Tencent (a Chinese ...
Huobi Receives MSB License In Canada Amid North America Push
Crypto exchange Huobi Global on Wednesday said it has received a money services businesses (MSB) license from Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC). The license allows ...
DoNotPay CEO Wants to ‘Give Little Guys the Power’ to Sue Celsius
British computer scientist and CEO of legal services chatbot DoNotPay, Joshua Browder, suggests investors sue the lender as it faces insolvency. He told CoinDesk TV’s “First Mover” a loophole in Celsi...
The Quantum Threat To Blockchains Is More Real Than You Think
– Advertisement – To date, the threat of a quantum computer to Bitcoin no longer seems as fantastic as it was some time ago. Quantum technologies are developing rapidly and the emergence o...
Altcoins Face Rejections at Recent Rallies, and May Attract Buyers at Lower Levels
Jul 13, 2022 at 14:24 // Price BAT, ATOM, XEC, ENJ, and Kava sink to their respective lows as altcoins face rejection on their respective rallies. The 21-day line SMA has put the brakes on any further...
With Revulution NFTs, Revuto Offers Lifetime Access To Netflix & Spotify And Reinvents How Subscriptions Are Managed
Revuto is changing the perception of NFTs by adding real-world utility in the shape of a lifetime subscription to Netflix and Spotify That’s right, with Revuto’s new Revulution NFTs you’ll never need ...
MoonPay to make Web3 payments with Unstoppable Domains partnership
Unstoppable Domains has partnered with crypto payment firm MoonPay to incorporate nonfungible token (NFT) domains in transactions within the platform. With the collaboration, MoonPay users can send an...
US Tribal Nation-Backed Economic Zone Passes Rules Defining Digital Assets
“Now that we have clear digital asset definitions established, a milestone that many governments have still failed to achieve, we can move forward. The Zone can quickly pass thorough and comprehensive...
Celsius Makes Strong Comeback, Total Debt Stands at Only $59 Million
Defi News Almost a tenth of the asset’s $4.4 billion market value has been rescued. More than 23,000 WBTC (equivalent to $440 million) were returned. After retrieving 400,000 Staked Ethereum in collat...
U.S. Inflation Hits 40-Year High of 9.1%
Key Takeaways U.S. inflation hit a 40-year high of 9.1% in June 2022, the U.S. Bureau of Labor Statistics confirmed today. Rising energy and gas costs were the biggest contributors to the surge. Bitco...
Animoca Brands Clinches $5.5Bnon-fi Valuation After Funding Round
Animoca has doubled its valuation after raising $75 million in a funding round that began back in Jan. The firm says it will use the funds to continue its plan of aggressive expansion. Animoca, a lead...
SRM keeps Highs Above the 14-day SMA
Serum (SRM) Price Prediction – July 13The SRM/USD market valuation keeps highs above the 14-day SMA trend line on the buying signal side. In the last seven days’ operations, the price has been trading...
Animoca Brands Hits a $5.5B Valuation After Raising $75 Million
Hong Kong-based play-to-earn gaming development company Animoca Brands has now attained a valuation of $5.5 billion after a $75 million fund round. The latest valuation comes at a time when the crypto...
Boba Network’s Hybrid Compute – Why It Will Unlock Blockchains’ True Potential
Truth be told, data will always play a key role for both consumers and service providers, be it on Web2 or Web3. Blockchains are lauded for their data immutability, security, and transparency. The abi...
Dunamu to Create Over 10,000 Web3 Jobs within Five Years
Dunamu plans to open offices across major cities, including Busan, Gwangju, Daegu, and Daejeon. These offices will be accessible for local customers to consult on their crypto investments. Despite the...
Revuto’s Revulution NFTs Promise A Radical Transformation Of The Subscription Economy
Revuto has the offer of a lifetime for fans of Netflix and Spotify – the sale of 10,000 limited edition NFTs that provide access to those services forever, for a one-time payment of just $349. The NFT...
XRP Lawyer Hints SEC’s Next Move After Court Denies Its Claim
In a big win for Ripple and Defendants, Judge Sarah Netburn denied the SEC’s attorney-client privilege claims over the infamous Hinman’s Ethereum speech. Court’s decision has raised the anticipation a...
Mila Kunis-Linked Web3 Studio Toonstar Partners With Hot Topic to Market Entertainment NFTs
Toonstar announced Wednesday it will partner with retail chain Hot Topic, Inc. to provide NFTs and Web3 experiences for its original projects and Hot Topic products, according to a press release. Toon...
SubQuery Jumpstarts Data Indexing on Algorand
SubQuery, the leading open-source blockchain data processing API, has achieved another milestone via a recent announcement. Data indexing is now available on the Algorand blockchain for the first time...
Ripple Scores Win Against SEC as Judge Slams Agency’s “Hypocrisy”
Key Takeaways On Tuesday, U.S. Magistrate Judge Sarah Netburn denied the SEC’s motion to keep the infamous “Hinman speech” under wraps. In justifying its ruling, Judge Netburn called...
New historic record for the Lightning Network
On Monday, for the first time in history, the capacity of the Lightning Network (LN) exceeded 4,200 BTC. Bitcoin on Lightning Network channels This is the total number of Bitcoin locked on LN channel...
Games Like Axie Infinity to Invest in Right Now
Axie Infinity might be one of the most popular crypto games out there, but it has started to show cracks. The popular blockchain game got $620 million stolen through a fake job interview in March of t...
Shanghai Aims To Achieve $446 Bln Digital Economy Through Web 3
The Shanghai Municipal People’s Government laid down its 14th five-year plan for the development of Shanghai’s digital economy. Shanghai is considered the financial capital of China. The policy paper ...
Cardano Holds above $0.41 as It Resumes It’s Sideways Move
Jul 13, 2022 at 11:43 // Price Cardano (ADA) is in a downward correction and has fallen below the moving average lines. Further upward price movement is doubtful. On July 9, buyers tried to keep the p...
Ukraine Is Getting Aid From This DeFi Project
Blockchain networks are decentralized, meaning that they can be used to make payments without centralized authorities deciding which transactions are allowed. While some argue that such systems can en...
Inflation Likely to Climb to New 40-Year High
“In December, we expect the interest rate will quickly reach 350 basis points or higher (3.5%+), and it will likely remain in the 350~400 basis points range or higher throughout 2023 to curb hig...