Key Takeaways UST is an algorithmic stablecoin on Terra. It’s pegged to the value of the U.S dollar. Because UST is unbacked, it can potentially de-peg from the dollar during periods of extreme ...
Category: Tech
Live Tech News Updates.
Vesting Contract for Polygon DeFi Protocol QiDAO Exploited for $13 Million
Polygon-based DeFi protocol QiDAO fell victim to an exploit of its Superfluid vesting contract on Tuesday, resulting in a loss of approximately $13 million. The QiDAO protocol allows users to borrow s...
New York Fed: The Future of Payments Isn’t Stablecoins (Or Is It?)
A recent report by the New York Federal Reserve has opined that stablecoins will not be an integral part of the future of payments — in the U.S. at least. The Feb 7 report penned by professor of econo...
The Top upcoming NFT Projects You Should Not Miss
NFT’s are the next booming thing in the crypto industry. A Non-Fungible token is a non-interchangeable unit of data, stored on a blockchain, a form of digital ledger that can be sold or traded. Today...
EOS Community Moves On From Block.One Saga With New Season of Pomelo Grants
The EOS project has shown it’s well and truly back on track following its long-running dispute with Block.One, launching the second season of its Pomelo Grants community funding initiative. Pomelo ...
The Hottest Cryptocurrency Trading Platform Launched
The popularity of bitcoin is constantly increasing due to the growing interest in cryptocurrencies. As the value of bitcoin keeps increasing, many people are embracing cryptocurrency trading. Traders ...
Is Avalanche (AVAX) Price Ready To Take Out $100!
Avalanche (AVAX) price rises for the third straight session on Tuesday. AVAX’s price has gained above 40% in the past five days. There are multiple technical indicators that suggest the current moment...
Litecoin Resumes Upward Moves, Faces Rejection at $142
Feb 08, 2022 at 11:30 // Price The price of Litecoin (LTC) is rebounding after breaking through resistance at $115. Bullish momentum has broken above the moving averages, suggesting further upward pri...
NFT Marketplace & Sales Event To Be Launched
Many would agree that NFTs have become tremendously popular, to the point that these non-fungible tokens are actively becoming more mainstream with each passing day. Similarly, the metaverse has also ...
Avalanche correction risk rises after AVAX price soars 80% from January lows
Avalanche (AVAX) recovery extended into its third week, primarily in the wake of similar upside retracement across the top crypto assets. On Thursday, AVAX’s price rallied by nearly 16% to reach...
Creator of Twitch Streaming Platform Supports NFT Gaming
Arman Shirinyan Creator of platform with $15 billion valuation joins Web3, NFTs and GameFi The developer of the biggest streaming platform on the market has expressed his opinion about NFTs and gaming...
5 Best Cryptocurrency to Buy on Low Prices – February 2022
The cryptocurrency market has risen again after a difficult few weeks. Its total cap reached as high as $2.14 trillion yesterday, having been as low as $1.8 trillion the week before. It has since calm...
Hashstack´s Open Protocol Finally Brings Under Collateralized Loans To DeFi, Testnet Is Live Now
When people think of lending, it often involves a specific amount of funds to be used as collateral. For some reason, that amount is often far more considerable than the actual loan in decentralized f...
How Far Does Your Electron Travel?
Can blockchain solve one of the most problematic issues in renewable energy? 24 May 2020, Thuringia, Henneberg: Opponents of the planned “Südlink” power line are demonstrating … [+] ...
Binance Partners With K-Pop Leader to Work on Creating Eco-Friendly NFTs
The world’s largest cryptocurrency exchange, Binance, has signed a Memorandum of Understanding (MoU) in a bid to develop a strategic partnership with prominent South Korean multinational entertainment...
Decentraland (MANA) Faces Downside Risk Toward $2.90, Are You Taking The Risk!
Decentraland (MANA) price enters into profit booking zone after recent rallies from the lows of Jan 20 with an upside rally of nearly 45%. Bears could test 50-DMA $2.90 in the upcoming few sessions. F...
Ripple Surges Ahead to Target the $1.00 Psychological Level
Feb 08, 2022 at 10:33 // Price Ripple (XRP) is developing positively after the bulls broke through the resistance at $0.65. The bullish momentum is huge as it breaks above the moving averages. R...
Smartlink Launches First Tezos NFT Launchpad
Artists, projects and gaming studios, will find a reliable and cleaner platform on the Smartlink NFT Launchpad. The first launchpad running on Tezos. Looking for exclusive, curated and rare NFTs? Now ...
Polygon stablecoin QiDAO exploited for $13M on Superfluid vested contract
Polygon’s native stablecoin protocol QiDAO faced an exploit on its Superfluid vesting contract leading to a 65% drop in the price of the governance token QI. QI price fell from $1.24 to $0.18. QiDAO t...
8.9 Million DOGE Bought by Major BNB Whale: Details
Yuri Molchan Large whale who holds his funds mostly in BNB has added almost 9 million Dogecoin to their portfolio, while other whales have shifted 361 million DOGE WhaleStats has reported that slightl...
Disney hires manager for NFT
Disney has released a new job announcement in which it is hiring a Manager of Business Development, essential to the Digital Experiences team, who would lead the company into the Non-Fungible Token (N...
Fintech Investments Amount in Singapore Reached over $3.9 Billion in 2021
The financial technology (fintech) sector in Singapore made significant strides in 2021 by hitting $3.94 billion, with crypto and blockchain funding contributing nearly half at $1.48 billion, accordin...
Ravendex announces trading competition on BitMart Exchange with $50000 of Rave tokens
Ravendexlabs has announced a trading competition to celebrate their BitMart listing which happened on the 10th of January 2022. About Ravendex Ravendex, a Cardano startup project that started last yea...
Cardano (ADA) Price Analysis: Rally Could Face Hurdles Near $1.30
ADA price started a fresh increase above $1.10 against the US Dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours). There was a break above a major contracting trian...
New Shiba Inu Whale Emerges, Here’s How Much SHIB They Hold
Yuri Molchan Another big SHIB holder enters the market, while SHIB flips FTT as top held asset for ETH whales Recent on-chain data provided by WhaleStats blockchain service shows that a new Shiba Inu ...
What’s the deal with Portugal and why is everybody moving there?
Portugal has seen a significant increase in the number of foreign residents, with some estimates showing that the number has increased over 40% in the past decade alone. And while the country’s mild c...
Wizkey uses Algorand for tokenization- The Cryptonomist
PRESS RELEASE Milan, Italy – 7 February 2022 – Wizkey is pleased to announce its integration with Algorand, an industry-leading layer 1 blockchain for financial applications, to enable institutions to...