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Category: Tech
Live Tech News Updates.
Jerry Chan talks about Frobots and COPA v Wright on CoinGeek Weekly Livestream
On this week’s episode of the CoinGeek Weekly Livestream, Kurt Wuckert Jr. talked to Frobots Founder Jerry Chan about the latest developments with his game and his thoughts on the upcoming COPA v Wrig...
SEC Faces Court Sanctions as it Tries to Abandon the Debt Box Case
A new court filing with the Utah District Court on January 30, 2024, has revealed that the US Securities and Exchange Commission (SEC) is now seeking to drop its ongoing lawsuit against Digital Licens...
BNB and The Sandbox Struggle, Investors Consider Rebel Satoshi as a Viable Alternative
TLDR A recent study shows financial losses related to exploits dropped by 85% last year on the BNB Chain. Sandbox has put in place changes to its well-received CATALYST initiative launched last month...
Polkadot’s user activity hiked in Q4 2023: Will 2024 see same trend?
Polkadot’s network activity increased in Q4 2023. Its revenue also surged significantly. Layer 0 blockchain network Polkadot [DOT] ended Q4 2023 with a surge in user activity, Messari found in a new r...
US Prosecutors Charge Trio with Wire Fraud and Identity Theft in $400M FTX Hack
Coinspeaker US Prosecutors Charge Trio with Wire Fraud and Identity Theft in $400M FTX Hack The United States government has charged three people for their involvement in a phone hack that resulted in...
Investors’ New Favorite Kelexo (KLXO): Why is it More Popular than Polkadot (DOT) and Aptos (APT) Now?
The crypto space keeps expanding, with new projects constantly entering the market and seeking to dominate. While Polkadot (DOT) and Aptos (APT) have continued to make their mark in the industry, the ...
Altcoins trend upwards but face overhead resistance in crossing over
Feb 02, 2024 at 07:17 // Price This week’s trending cryptocurrencies saw uneven gains, with cryptocurrencies either maintaining their upward momentum or suffering a slight setback. Altcoins in t...
What Happened in the $112.5 Million XRP Hack? Here’s What We Know
A Ripple co-founder was the target of a hack that drained $112.5 million in XRP tokens from several accounts. Ripple is hot after news of a hack targeting the company’s address surfaced. According to ...
Friendtech bug caused traders to overpay for ‘keys’
Security researchers Pawel Wylecial and ‘E.Laszlo’ have released a report that details a bug in the Friendtech user interface implementation that resulted in traders overpaying for ‘keys’ on the block...
Accumulation Trend Peaks At A 3-Year High – What’s Driving The Surge?
According to data shared by renowned crypto analyst Ali, Bitcoin has recently witnessed a significant development in its investment dynamics, marking a notable shift in the crypto market. In a post on...
Analyst Spots XRP Potential for 650x Returns to $330, Reveals 5.5-Year Capitulation
A technical analyst has drawn parallels between the current dynamics of XRP and the market trends observed in 2017, hinting at a prospective opportunity for a staggering 650x return. In a recent updat...
LINK Price Hits Highest Since April 2022 as Comeback Gathers Steam
The world’s 13th largest cryptocurrency peeped above $18 during European hours, the highest since April 3, 2022, registering a 15% gain on a 24-hour basis, according to CoinDesk data. The LINK p...
Smart Money Picks: 4 Cryptos Below $1 with Eyes on $10 in 2024
As the cryptocurrency market continues to evolve and gain mainstream attention, smart investors are on the lookout for promising opportunities. While many focus on established tokens like Bitcoin and ...
$200 Million Inflows in Just Four Days
Bitcoin ETFs saw their first net inflows in a week, boosting Bitcoin’s price as institutional interest rises. GBTC experienced significant outflows, but the pace has slowed by 70% over the past week. ...
German Banking Giant DZ Bank is Preparing to Launch Cryptocurrency Trading!
A group of financial cooperatives in Germany, led by DZ Bank, will test a centralized platform for direct trading of cryptocurrencies. DZ Bank Launches Pilot Phase for Bitcoin Trading This Year “Durin...
Three People Have been Charged in FTX SIM Swap Attack
The mystery behind the massive hack of Sam Bankman-Fried’s FTX exchange shortly after it filed for bankruptcy has been solved. Three people have been charged by the US Department of Justice for orches...
News about Stellar, Arbitrum and Algotech
SPONSORED POST* The prevailing market weakness has dampened Stellar’s (XLM) and Arbitrum’s (ARB) prices. On the other hand, the best crypto for beginners, Algotech (ALGT), experiences massive demand a...
AVAX Price Breakout Reverses Trend, Eyes $40 In This Cycle
As the price of Bitcoin crosses above the $43K mark, marking a successful bounce back, the altcoins are accelerating to higher levels. Piggybacking on the overall market recovery, the AVAX price is se...
Polygon Labs Announces Downsizing, Cuts 19% of Workforce
Polygon Labs has laid off 19% of its team, reducing operational efficiency. CEO Marc Boiron emphasized the decision for agility in the blockchain sector. The company also announced a 15% compensation ...
Liquid Restaking Protocol Puffer Finance Attracts Nearly $200M On First Day
Puffer already ranks as the third-largest LRT protocol. Puffer Finance is the latest liquid restaking protocol to burst onto the scene, with the project surging to a nine-figure TVL within one day of ...
Portfolio Magic! DeeStream (DST) Recommended as a Strong Buy – Expected to Surpass Solana (SOL) and Optimism (OP)
Crypto investors are scouring the market to find the best investments of 2024. While Solana (SOL) recovers from the $4 million crypto hack and Optimism (OP) drops in value, a new kid on the block is t...
Ripple hack: What really happened?
Digital currency news publications, influencers on X, and industry pundits across the world are all talking about one thing: the Ripple hack. Ripple Co-Founder Chris Larsen recently announced on X tha...
Binance’s Internal Passwords Code Exposed On GitHub Repository
Binance’s internal passwords and source code has been openly accessible on a GitHub repository for months, with the exchange asserting that the leak posed only a ‘negligible risk.’ Journalists at 404 ...
JPMorgan Raises Alarm Over Tether’s Growing Influence!
Key Points: JPMorgan warns about the growing influence of Tether (USDT) in the stablecoin market, citing risks due to regulatory issues and lack of transparency. Stablecoin issuers face regulatory cha...
Polygon Labs Slashes 19% Of Workforce To “Boost Performance”
In a recent development, Polygon Labs announced a workforce reduction, eliminating 60 roles, accounting for approximately 19% of its staff. The decision was communicated by Marc Boiron, CEO of Polygon...
Shiba Inu Witnesses 9.9 Billion SHIB Tokens Burned in January
January sees 10 billion SHIB tokens incinerated, boosting Shiba Inu’s deflationary efforts. December’s record-breaking burn of 36 billion SHIB tokens surpassed January’s achievements. Shiba Inu’s comm...
Solana is on the Verge of a Bullish Rally, Predicts Arthur Hayes
Under the shadow of banking sector fiascos and cryptocurrency market swings, Arthur Hayes, former CEO of BitMEX, has pointed out Solana (SOL) while driving attention to a potential bullish rally for t...
Celsius to start paying over $3b to creditors
Bankrupt crypto lender Celsius claims to have started paying its creditors up to $3 billion. According to the company’s press release, they are discussing the distribution of cryptocurrency and other ...
Meta’s Reality Labs reports revenue of $1B, losses of $4.6B
Meta’s metaverse division is still raking in losses but managed to impress with revenue last quarter. Reality Labs, the company’s metaverse-focused team, notched losses of roughly $4.6 billion, though...
BitMEX Co-Founder Backs Solana Amidst Fears of Another US Bank Collapse
In a post on X, Arthur Hayes, the co-founder of the derivatives crypto exchange BitMEX, said it might be time for traders to double down on Solana (SOL) and altcoins in general. Hayes’s comments come ...
XRP Users To Benefit from AMM on Coreum as Coreum Plans Launch of XRPL Bridge
Coreum has announced plans to launch its XRP Ledger (XRPL) cross-chain bridge, which could allow users to move assets between Coreum and the XRPL and potentially leverage the AMM on Coreum. Bob Ras, t...