The U.S. Securities and Exchange Commission (SEC) is pushing the court to dismiss its lawsuit against Debt Box after being threatened by sanctions. Motion to Dismiss: A Tactical Retreat The SEC has c...
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Live Tech News Updates.
Celsius customers getting paid, FTX customers in limbo as 2022 hack suspects ID’d
The FTX and Celsius Network bankruptcies are slowly getting around to returning assets to customers, while the great mystery of who hacked FTX may have been solved. On January 31, U.S. Bankruptcy Judg...
Polygon Labs Cuts 19% Of Staff To Reduce Bureaucracy
Polygon Labs – the main development team behind the Ethereum scaling network Polygon (MATIC) – has laid off 19% of its workforce in an attempt to create a more “efficient surgical team.” Though 60 emp...
Polygon Labs Lays Off 19% Of Staff After ‘Rapid Growth’
Polygon Labs CEO Marc Boiron announced in a post to X that the organization is laying off 19% of staff, saying the “team’s rapid growth in the last bull market diluted” the company’s ability to pursue...
FXGT: Revolutionizing the trader experience globally
As the digital revolution dawned on us, a wave of new possibilities opened for all to explore. The financial sector also welcomed this revolution as people flocked to find new ways to invest their mon...
Intelligence Platform Anticipates Strong Rebound For XRP, Here’s Why
The XRP community is once again buzzing with fresh hopes. Santiment, a well-known intelligence platform, has revealed an optimistic insight for the crypto asset, which might lead to a firm price rebou...
Polkadot (DOT) Circulating Market Cap Rockets To $8.3 Billion, Registers Massive 111% Growth
Polkadot, the computing platform known for its interoperability and scalability, has shown remarkable growth in key metrics during the latter part of 2023, as outlined in a recent report by Messari. ...
Here is Why the Price of XRP Nosedived Today
XRP is buckling under the weight of intense selloffs as its weekly growth moment got derailed. Per data from CoinMarketCap, XRP price is down by 2.3% in the past 24 hours to $0.5019, a trend that eman...
Solana’s Phantom Wallet Hit by DDoS Attack, Services Temporarily Disabled
Blockchain News The team declared that all assets in the Phantom wallet are secure. Until the vulnerability is resolved, Phantom has temporarily disabled several of its services. A Distributed Denial ...
800 Million XRP Returned by Ripple in Unusual Transfer Activity
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Why 19% Employees Will Bid Farewell
In a decisive move reflecting the dynamic nature of the web3 sector, Polygon Labs announced a significant layoff of its team. The decision, aimed at enhancing operational efficiency, sees the organiza...
While the FED President Painted a Negative Picture About Interest Rate Cuts, Economists Were Divided in Two: When Will the First Interest Rate Cut Happen?
FED President Jerome Powell made statements after the US Federal Reserve (FED) left the policy rate constant at 5.25%-5.5% yesterday. At this point, Powell pointed out that it was premature for the FE...
Solana launches new token functionality, but it still can’t scale
This week, the Solana Foundation unveiled a set of new token extensions enabling out-of-the-box functionality for developers. The extensions replace the need to write custom smart contracts and enable...
Unused Whale wallet which had 0 transactions in years has suddenly made a buy of Retik this token priced at just $0.1
In the ever-evolving world of cryptocurrency, unexpected events, and unusual patterns often capture the attention of enthusiasts and analysts alike. One such intriguing development has recently unfold...
‘Bitboy’ Ben Armstrong Bids Farewell to Daily Show Amid Financial and Legal Battles
Ben Armstrong, widely known as “Bitboy,” has announced the discontinuation of his daily crypto show, bringing an end to a three-year run that garnered a significant following. The decision comes amid ...
BlockFi Estate Withdrawal Process Will Refund $500 Million To Customers
Key Points: BlockFi completes the first wave of crypto asset returns, totaling $500 million for 130,000 clients. The US Bankruptcy Court grants BlockFi Estate withdrawal, enabling the start of interim...
Binance Faces Lawsuit From Hamas Hostage And Victims’ Families
In a significant development, an American mother who was taken hostage by Hamas in Gaza, along with the relatives of two men who lost their lives in a terrorist attack, has filed a lawsuit against cry...
Coinbase appoints ex-UK finance minister to advisory council
Former U.K. Chancellor George Osborne has been appointed to Coinbase’s Global Advisory Council to focus on the firm’s regulatory strategy and global expansion. Osborne’s appointment brings a wealth of...
Genesis Agrees to $21 Million Settlement with SEC in Lawsuit
As a subsidiary of Digital Currency Group, Genesis Global Holdco has agreed to be held liable and pay $21 million by the SEC. This agreement follows the case of a lawsuit related to a troublesome lend...
$700 Million Airdrop: Jupiter Mass Airdrop Cements DEX as Solana Leader
Decentralized exchange Jupiter executed one of the largest cryptocurrency airdrops ever on Wednesday, distributing over $700 million worth of its new governance token JUP to almost 1 million wallets o...
Expert Says Buy Every Dip if XRP Remains in Symmetrical Triangle, Projects Rally to $22
Market analyst EGRAG has charged investors to buy every XRP dip as long as the asset remains within an identified symmetrical triangle, projecting an imminent rally to $22. EGRAG’s recent update on XR...
Secure Digital Market (SDM) is Bullish on Web3 and Digital Assets In its Comprehensive Year in Review Report
The crypto market continues to see accelerated growth and legacy and investors are starting to notice. Secure Digital Markets (SDM) has carefully curated a crypto ‘Year in Review’ report to inform inv...
India CBDC Insider Reveals Current Stance of Country’s Central Bank
The Reserve Bank of India (RBI) is now looking into technology solutions to solve privacy concerns posed by a digital rupee, the official said. While the bank is maintaining a careful stance on crypto...
CoinStats Launches AI-powered Exit Strategy Feature to Maximize User Profits
In a meaningful development for cryptocurrency investors, CoinStats, the all-in-one digital asset management platform, has launched its new Exit Strategy feature. Exit Strategy enables investors to p...
Filecoin (FIL) Down 20% After 30 Days, Millions to Be Made With Option2Trade (O2T)
The 20% decline in Filecoin (FIL) serves as a reminder of the inherent change and opportunities in the cryptocurrency market. While such downturns can create uncertainty, platforms like Option2Trade (...
FTX aims for full customer repayment; halts revival efforts
Bankrupt cryptocurrency exchange FTX is liquidating assets to repay customers, abandoning plans for a restart due to financial and legal difficulties. This decision was announced by FTX’s attorney, An...
Who’s Behind the $400 Million FTX Hack? Truth Revealed
Three individuals are facing charges related to orchestrating a SIM-swapping scam that drained over $400 million from FTX following the exchange’s bankruptcy filing in November 2022. The attack occurr...
Three Arrows’ OPNX Announces Shutdown
OPNX, a cryptocurrency exchange and bankruptcy claims platform, will cease operations by February 14, 2024, due to regulatory challenges and financial penalties. OPNX, a cryptocurrency exchange and ba...
SkillfulAI Is Set To Launch The $SKAI Token In April, Advancing AI In Cryptocurrency Investment
In the evolving cryptocurrency investment landscape, SkillfulAI emerges as a cutting-edge force, setting the stage for a new era in artificial intelligence applications within the sector. SkillfulAI i...
Polygon Labs CEO Announces 19% Workforce Layoffs
Blockchain News Polygon Labs also laid off 20% of its employees around a year ago. The CEO implied that the impending layoffs are not due to financial reasons. In a recent post on twitter, Polygon Lab...
Larry David Expresses Regret Over FTX Ad Amid Founder’s Fraud Conviction
The popular actor and comedian Larry David has expressed remorse over participating in a high-profile 2022 Super Bowl commercial for the now-fallen cryptocurrency exchange FTX. Notably, Sam Bankman Fr...
Ripple (XRP) and Cronos (CRO) Holders Transition to Algotech (ALGT) Presale for Profit Prospects
The cryptocurrency market is a minefield of opportunity for investors. As a new market entrant, Algotech (ALGT) promises to be the best DeFi investment this season. Consequently, Ripple (XRP) and Cron...