Yesterday, Meta’s stock (formerly Facebook) drop on the Nasdaq was the worst market capitalization loss ever in a single day for a US company. Facebook, market capitalization collapses In fact, at the...
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Live Tech News Updates.
5 Top Altcoins to Buy for Long Term Returns February 2022
The broader crypto market is on a slow recovery following massive sell-offs that graced the opening weeks of 2022. Crypto bellwether Bitcoin is currently trading in the green zone after sliding well b...
CZ Warns of a Massive Phishing Scam Targeting Binance Users
The CEO of the world’s leading cryptocurrency exchange has warned of a ‘massive’ SMS phishing scam that targets Binance users. Tweeting on Friday, Changpeng Zhao, the CEO of the world’s leading crypto...
Wormhole restores hacked $300M through VC funding in largest ever DeFi bailout
The decentralized finance space experienced its first major setback of the year on 3 February when over $321 million in Ether were stolen from the cross-chain network Wormhole. While it was not the fi...
Nike Files Trademark Suit Against StockX; Are NFTs Under Lawsuit Radar?
Nike has filed a lawsuit against StockX in New York federal court over selling unauthorized images of the Sneaker giant in the market. This makes it the latest lawsuit over digital assets known as non...
Ripple is Stuck below $0.65 as It Lacks adequate Buyers at Higher Levels
Feb 04, 2022 at 11:02 // Price The price of Ripple (XRP) has continued to consolidate above the $0.58 support level as the altcoin maintains its range of fluctuation. For the past two weeks, XRP has b...
Cardano Reports Massive Performance Improvements for ADA Open-Source Wallet
Tomiwabold Olajide Cardano’s parent company has announced the release of a new version of Daedalus Cardano Founder Charles Hoskinson highlights massive performance improvements for Cardano’...
5 Best Cryptocurrency to Buy for a Weekend Rally February 2022 Week 1
The cryptocurrency market has regained some ground after dipping yesterday. Its total cap has increased to $1.85 trillion, having fallen the day before to $1.79 trillion. This represents a 24-hour ris...
New Cardano Update! What Does It Mean For ADA HODLers? – Coinpedia – Fintech & Cryptocurreny News Media
Cardano has been attempting to maintain a stable position in the market over the last few months, but it still manages to lose a substantial amount of value every now and then. Even if it had a strong...
Manchester United Unveils a Training Kit Sponsorship With Tezos
The professional British soccer team – Manchester United – inked a $27 million deal with the blockchain platform Tezos. As a result, the club will put the latter’s logo on its training apparel. Tezos ...
Kazakhstan Extends Power Cuts for Cryptocurrency Miners For Another Week
Kazakhstan has extended power cuts for cryptocurrency mining operations until February 7. The power cut was supposed to end by January 31. However, ongoing difficulties with the power supply have forc...
Gather Relaunches Online Product to Disrupt Digital Advertising Model
Digital monetisation platform Gather has relaunched Gather Online, a product that allows publishers to earn revenue without ads. The venture, which has been four years in the making, leverages Gather’...
Dogecoin Creator Sends His Personal DOGE NFT Collection to Sell on OpenSea
Yuri Molchan Dogecoin cofounder has sent last three NFTs from his collection to OpenSea Contents “Dreaming Doge” NFT collection for sale GameStop is going against OpenSea As per his recent...
Former ConsenSys Sales and Marketing head to lead Cronos chain and Particle B
Former ConsenSys Sales and Marketing Leader Ken Timsit will lead Cronos chain and Particle B as the new Managing Director. Cronos runs in parallel to the Crypto.org Chain, and is the first Ethereum-co...
A DeFi Project Offering Accessible Scaling Solutions
The team at Harcox Finance, a decentralized community-driven project, is pleased to announce the release of its project to the crypto community, as it attempts to provide more accessible scaling solut...
European Central Bank (ECB) will not raise interest rates
The level of inflation globally has increased significantly. However, the European Central Bank (ECB) has stated that it will not change the interest rates. The US Federal Reserve has been discussing ...
Here’s What Traders Can Expect From SOL, AXS, LINK, KNC, and NEAR in The Month Of February
On Thursday, the cryptocurrency market saw some profit reserving, halting a two-day winning streak, with the selling pressure being more acute in altcoins. The global crypto market capitalization fell...
Will Disney Join The NFT Party? New Job Posting Revealed
Disney’s involvement in NFTs is only a matter of time, as the top entertainment conglomerate has expressed a strong interest in the space. American multinational entertainment and media company Disney...
‘This Circus Needs to Stop Now’: How DeFi Protocol Wonderland Avoided Shutdown After Scandal
The biggest story to hit DeFi this week (and maybe in the past two years) was the revelation that the co-founder of DeFi project Wonderland, 0xSifu, is an alleged serial fraudster with ties to the inf...
Gamestop builds the NFT marketplace
In a public announcement on Thursday, 3 February, GameStop revealed that it has entered into a partnership agreement with Immutable X to create a new NFT marketplace. A $100 million fund has been esta...
Fantom Could Be A Multibagger Soon! FTM Price Bounceback On The Cards
Fantom price has been on a downfall from the $3.3 highs it acclaimed on January 16th. The altcoin has shed more than 40% of its gains in value over the past week. A little more correction might be on ...
Bored Ape NFT Creators Reportedly Seeking Investment Deal With a16z
Yuga Labs, the entity behind one of the most popular non-fungible token (NFT) collections, Bored Ape Yacht Club, is reportedly negotiating financing talks with Andreessen Horowitz, which could potenti...
Nike takes seller of unlicensed NFT sneakers to the court
Popular sneaker maker Nike has started the “licensed NFT” wars by taking an online reseller called StockX to court for trademark infringement or sale of unlicensed nonfungible token (NFT) ...
Terra’s UST Becomes Default Stablecoin on Leading Avalanche-Based DEX
Alex Dovbnya Pangolin has made Terra’s UST its default stablecoin Pangolin, a decentralized exchange powered by the Avalanche blockchain, has made TerraUSD (UST) its default stablecoin. We’...
Cryptocurrencies and tax returns, the ruling of the EU Court of Justice
One of the worst nightmares of those who handle cryptocurrencies in Italy is the application of the obligations to declare crypto holdings in the RW form of the income tax return; that is, the complia...
Gamestop Partners With Immutable X To Launch NFT Marketplace
Gamestop has announced that it is partnering with blockchain startup Immutable X to launch its NFT marketplace sometime later in 2022, as the companies look to take advantage of the booming NFT space....
How The LABEL Foundation Spearhead The Transformation Of Entertainment
Non-Fungible Tokens (NFTs) seem poised to usher new experiences between consumers and products across multiple sectors. So far, the trillion-dollar entertainment industry, as expressed by representati...
How The LABEL Foundation NFTs Infrastructure Will Lead The Entertainment Industry To Its Next Stage
For far too long big corporations have dominated the entertainment industry by keeping total control over consumers and content creators. Blockchain, the technology that powers cryptocurrencies, and N...
LABEL Foundation, a Novel DAO Mechanism, Introduces Web3 to Entertainment Segment
Vladislav Sopov LABEL Foundation changes the narrative in content distribution for better content management Amid another wave of NFT euphoria, LABEL Foundation is developing a user-friendly endpoint ...
How Did Convex Overtake MakerDAO, Aave and Yearn?
According to data from Footprint Analytics, the TVLs of both Curve and Convex surpassed Aave, formerly the No. 1 DeFi protocol, in November and December. Continuing its strong momentum, Convex also ov...