On January 21, the YouTube channel Folding Ideas, created by Dan Olson, posted a video titled “Line Goes Up—The Problem with NFTs.” The video is well over two hours long and criticizes cryptocurrency ...
Category: Tech
Live Tech News Updates.
Grayscale and Bloomberg Launch First Equity ETF
The world’s largest digital asset manager, Grayscale Investments, announced today the launch of its first ETF. Dubbed Grayscale Future of Finance ETF, it will be the first equity ETF to track the perf...
Esports Org 100 Thieves Releases Free NFT On Polygon
Esports organization 100 Thieves is known to be on the cutting edge of culture, often described as the “hoodie org” by esports loyalists who have competitive gaming at the forefront. However, 100 Thie...
LTC Price Analysis: Hidden RSI Divergence Foretells Recovery For Litecoin Holders
The LTC/USDT technical chart indicates an overall bearish trend. The coin price has recently plunged to the July 2021 low of $105, indicating a 64% loss from the previous swing high of $297. However, ...
UK tax agency cracks down on rules around DeFi lending and staking
Her Majesty’s Revenue and Customs (HMRC), the U.K.’s tax agency, on Wednesday, has released a controversial set of guidance that could affect innovation in Decentralized Finance (DeFi). The updated re...
Polygon’s OpenSea Active Users Surge by 23% Amid Global Brands’ NFT Launch
As reported by Polygon analysts, Polygon’s OpenSea active users spiked 23% amid recent global brands’ NFT drop. In January, Italian luxury fashion house Prada and sportswear giant Adidas a...
Web 3.0 And Planning For Art NFT Collectors
Web 3.0 written newspaper close up shot to the text. getty Web 3.0 promises to have a profound impact on the way everyone does everything as everything becomes tokenized. The first harbinger of this r...
After Days of Consolidation, Is SHIB Breakout Incoming?
After some hard days, SHIB is starting to give clear bullish signals that may emerge in the renewal of a possible price rally. Key Support level: $0.000018 Key Resistance level: $0.000023 While SHIB c...
Solana, VeChain, EOS Price Analysis: 02 February
As the bulls endeavored to counter the long-term bearish tendencies in the market, Solana saw overbought readings on its 4-hour RSI and Bollinger Bands. This would likely propel a near-term setback. F...
Ascent Award Recognizes KuCoin As Best App of 2022 For Enthusiasts
The Ascent Award has recognized KuCoin as the best cryptocurrency application for enthusiasts in 2022, praising the cryptocurrency exchange for low commissions, high-security measures, transparency, a...
Youtuber and alleged thief publicly refuses to return investors’ funds after $750k rug pull
On Wednesday, American Youtuber and “internet detective” Coffeezillaa published a recorded interview of himself and disgraced Youtuber Paul “Ice Poseidon” Denino. During the se...
The new SEC rules could threaten DeFi- The Cryptonomist
New rules recently proposed by the SEC to oversee government securities trading systems could allow the agency to also oversee crypto exchanges and digital asset exchange platforms, such as those from...
A breakout over this level is important for Dogecoin to show any recovery
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Dogecoin (DOGE) oscillated between $0.3261 and $0.1685-mark for ov...
Kyoko Raises $3M in Private Funding Round Led by Animoca Brands
Advertisement     Kyoko.finance, a DAO-to-DAO credit provider and cross-chain GameFi NFT lending market is pleased to announce it has raised $3 million in its private ...
Algorand Price Analysis: Can ALGO Buyers Reclaim the $1 Mark?
The Algorand (ALGO) price hovering above the $0.81 support indicates the sellers might have been exhausted from their previous bear attack. Furthermore, a bullish breakout from the immediate resistanc...
Battle for authenticity heats up in world’s most popular NFT collection
In a Discord post published on Wednesday, Matt Hall, the core developer at Larva Labs, the entity behind the popular CryptoPunks v2 and, initially, CryptoPunks v1 nonfungible tokens (NFT) collections,...
Wormhole Bridge Attacked for $322M
Key Takeaways The blockchain bridge protocol Wormhole has experienced an attack resulting in the theft of at least 120,000 ETH. That amount is worth $322 million; earlier estimates placed the value of...
Real Humans Need to Shape DAOs so They Don’t Become a Rich Kid Club
Real Humans and the DAO: It’s time for the next dynamic to start, if we want DAOs to create a better world. DAOs are changing the old, broken paradigms of legacy systems, but to make lasting and resil...
India increases taxation on cryptocurrencies
In a move that is perhaps a bit of a surprise, India has announced that it will subject all income from cryptocurrency transfers to the 30% tax rate, the highest in the Indian tax regime Cryptocurrenc...
Staking in Aggregated Finance “DAO”
In the burgeoning decentralized finance (DeFi) sector, “staking” has become an increasingly popular way for investors to earn a passive income while they hold investments. More and more companies tha...
Nasdaq futures drop as Facebook leads tech shares lower
Traders on the floor of the NYSE, Jan. 26, 2022. Source: NYSE Nasdaq 100 and S&P 500 futures fell Wednesday night, as traders pored through the latest batch of corporate earnings, which included d...
Dune Analytics Raises Meme Worthy $69,420,000 In Series B Funding Round
Dune Analytics – a free blockchain research tool – recently announced an additional $69 420 000 in funding. The round was led by Coatue – a global investment manager focused on tech. According to an a...
FTX To Buy Japanese Exchange In Asian Expansion Move
Popular cryptocurrency exchange FTX, announced on Wednesday that it will acquire Liquid Group, a Japanese competitor. When all relevant prerequisites are met, the acquisition will be completed by Marc...
FriesDAO Is Democratizing Access to the Fast Food Industry ⋆ ZyCrypto
Advertisement     FriesDAO, a decentralized autonomous organization, is putting its open community to the test by running a real-world fast food business. FriesDAO is ...
SAND Price Analysis: Sandbox Buyers Struggles To Surpass $4 Resistance
The SAND buyers made an impressive recovery last week which rallied the coin price to $4 resistance. However, the bears defending this mark exert strong selling pressure on the traders. The coin price...
Shiba Inu Community Gets Praise from Republican State Senator
Alex Dovbnya American politician Wendy Rogers says she loves Shiba Inu people, attempting to court cryptocurrency community Controversial American politician Wendy Rogers praised the Shiba Inu communi...
XRP/USD Faces a Crucial Support Below $0.60 Level
Ripple Price Prediction – February 2 The Ripple price prediction keeps moving below the moving averages. The coin heads toward the lower boundary of the channel. XRP/USD Market Key Levels: Resistance ...
El Salvador to Fix Chivo Wallet’s Issues by Partnering With AlphaPoint
The government of El Salvador and the American financial technology provider – AlphaPoint – joined forces to improve the technology for the Chivo wallet. The feature allows access to bitcoin for milli...
Cardano: IOHK announces performance enhancements post congestion issues
Cardano has finally entered the third stage of its roadmap, the Basho era. It was envisioned to improve the network’s performance and scalability. The launch of the Basho era focuses on scaling Cardan...