The USDF Consortium is an association of Federal Deposit Insurance Corporation (FDIC) insured financial institutions that launched on January 12th. The founding members of the consortium include New Y...
Category: Tech
Live Tech News Updates.
Pakistan: Central bank-led committee calls for ‘ban’ on cryptos and sanctions
Cryptocurrencies’ growing popularity and dominance threatens financial stability, according to different regulatory watchdogs across the globe. In fact, quite a few countries have banned the use of di...
Second tiny miner solves a block
In an astonishing turn of events, two lucky miners from the Solo CK mining pool have defied all odds and added a new block on the Bitcoin blockchain in the same week. On Monday, a tiny miner successfu...
Ripple’s Top Lawyer Urges SEC to Move Case as Swiftly as Possible
Alex Dovbnya Ripple’s Stuart Alderoty is not a fan of the SEC’s football metaphor In a recent Twitter thread, Ripple general counsel Stuart Alderoty accused the U.S. Securities and Exchange Commission...
Polygon Set For a Huge Upgrade! What Traders Can Expect For MATIC Price on January 18
The cryptocurrency market appears to be in the midst of a time of extraordinary volatility, with volatility seen on both sides. The price of bitcoin continues to swing significantly; it is currently t...
British Lawmakers Concern Risks over Use of Digital Pound
As talks about the release of a digital pound by 2025 are yet to happen, British members of parliament (MP) are already doubtful that their use could harm financial stability, raise the cost of credit...
Visa and ConsenSys team up on CBDC tech
Quick Take Visa and ConsenSys have been consulting with central banks around the world on new tech for central bank digital currencies. The pair are now looking into pilot cases to test usability. ad...
LÜM to launch ‘Access Pass’ NFTs for 25 globally known musicians
U.S.-based music platform LÜM is set to announce 25 partnerships with globally known musicians as part of a re-launch involving NBA Top Shot’s Dapper Labs later this quarter. LÜM was founded in 2018 a...
Visa Partners With ConsenSys to Help Bridge CBDCs With Traditional Finance
Payments giant Visa has teamed up with Ethereum scaling firm ConsenSys to help central bank digital currency (CBDC) networks bridge the gap with traditional financial institutions. Customers will even...
Ripple v. SEC Might Be Pushed Back One Month
Arman Shirinyan The notorious case of Ripple against the SEC might get pushed once again due to a new pandemic Ripple’s case against the SEC might be pushed back another month according to Fox B...
Ripple’s Development Arm Launches NFT-Devnet
Ripple’s developer arm, RippleX, announced the rollout of the NFT-Devnet platform to explore the native NFT capabilities introduced with XLS-20d. Ripple’s NFT-Devnet for Developers According to the of...
Bribe Looks to Usher In DAO 2.0 With Voter Extractable Value
Community governance is a concept that hearkens back to the early days of cryptocurrency, when intrepid cypherpunks pooled resources, shared ideas, and tinkered with one another’s proposals. With ever...
China-Backed BSN to release infrastructure this month to support NFTs: Report
China-backed Blockchain Services Network will introduce infrastructure this month to support NFTs that have no link to cryptocurrencies, which are banned in China, the South China Morning Post reporte...
ADA Rebounds 11% from Key Level as On-Chain Signals Flip Bullish
IntoTheBlock’s on-chain signals have flipped bullish for Cardano (ADA) as it journeys upwards from the $1.07 key support. At the time of publication, ADA was changing hands at $1.238 after rebou...
Iran finalizes mechanism to use cryptocurrencies in foreign trade
The Central Bank of Iran and the Ministry of Industries, Mining and Trade have reached an agreement to link the CBI crypto platform to the Comprehensive Trade System, which allows businesses to make u...
Clothing Brand Gap Launches NFT Collection on Tezos With Artist Brandon Sines
The Gap – a worldwide clothing retailer – recently announced the launch of its first NFT collection through Tezos. The collection features a “gamified digital experience” for creatives and lets custom...
Prime Numbers Aims To Be The First DAO, NFT, And Gaming Project On The XDC Network
Advertisement     Prime Numbers, a cutting-edge ecosystem, strives to be the XDC network’s first DAO, NFT, and gaming enterprise. The ecosystem consists of a DAO that ...
US Lawmaker Sets Out To Stop Fed From Directly Issuing CBDC, Here’s His Reason
On Wednesday, US lawmaker Tom Emmer announced he’s proposing a bill that will stop the Federal Reserve from issuing the central bank digital currency (CBDC) directly to American individuals. The Fed M...
What the Highest Inflation in 4 Decades Means for Markets
Markets have been nervous since last week’s FOMC meeting minutes revealed the Fed was considering early “balance sheet normalization” or quantitative tightening. At yesterday’s confirmation hearings, ...
BabyDoge Holders Now Total Whopping 1.205 Million
Yuri Molchan Number of BabyDoge holders has reached a record of over 1.205 million as the community keeps expanding Contents BabyDoge holders’ number hits new record Here’s how many users ...
Footprint Analytics: Will 2022 See the Emergence of GameFi 2.0? | Annual Report 2021
According to Newzoo’s 2021 Global Gaming Market Report, the number of global gamers grew by 5.3% from 2015 to 2021 compared to 2020, and now exceeds 3 billion. In the same year, total global gaming re...
The importance of Security in a Decentralised Environment
In the fast-paced, innovative world, it is easier to forget that innovation is meaningless if it compromises users’ security. User security is always the most crucial part that the project must ensure...
Aladdin Exchange announces launch of its inheritance feature
Aladdin Exchange, one of the famous crypto exchanges in the market that provides a seamless way to buy, sell and trade digital assets, officially announced the launch of its inheritance feature. This ...
Socios.com becomes official partner of Italian Serie A football league
Socios.com, the sports fan, influence and reward app, has been chosen as the official partner for Serie A, including becoming the main Sponsor for the main Italian football competitions, Supercoppa Fr...
Internet’s Biggest Marketplace For Stolen Credit Cards Will Shut Down
Topline UniCC, the largest online marketplace for stolen credit and debit cards, announced it will close next week after facilitating $358 million in transactions over nine years, blockchain analytics...
Polygon (MATIC) Schedules Long-Awaited EIP-1559 Upgrade for Next Week
Leading Ethereum layer-2 scaling solution, Polygon, announced today that the much-awaited Ethereum Improvement Proposal (EIP) 1559 upgrade will go live on the mainnet next week. Polygon’s London HardF...
Solana finds some support at $130 but can it hold on to the level
Solana faced some problems such as slow transactions and network congestions in recent weeks. Against this backdrop, the price has been steadily declining, with the latest sell-off from $170 forced by...
Derivatives are coming to Coinbase, following purchase of FairX
Major U.S. crypto exchange Coinbase, the third largest in the world by 24 hour volume, intends to enter the derivatives trading markets, having acquired the FairX derivatives exchange. FairX is a Desi...
House of Lords Committee Sees ‘No Convincing Case’ for UK CBDC
The Bank of England, in common with central banks of almost every other major economy across the world, is exploring a potential CBDC as a means of addressing the decline in the use of cash, expeditin...