Have you heard about IggyBoy? Not just the upcoming 3D NFT or a metaverse, but the NFTs that are set to be minted on the 20th of February at 2pm EST, at pre-sale price of 0.055 ETH. You should have th...
Category: Tech
Live Tech News Updates.
DeFi’s second-largest exploit costs cross-chain network Wormhole over $326M
While 2021 was inarguably the year of DeFi hacks, 2022 is fast catching up to its predecessor. Although January witnessed its fair share of crypto-crime, February may soon put it in its shadow. Especi...
Top secret Julian Assange and Pak NFT collaboration is wikileaked
A collaborative NFT project from belagued Wikileaks founder Julian Assange and pseudonymous digital artist Pak is set to drop next week. Assange has been confined in a London prison since April 2019 a...
Solana’s SOL Tumbles 10% After $326M Wormhole Exploit
DeFi applications use smart contracts to provide financial services, such as trading, lending, and borrowing, to users. Concerns loomed among traders and developers after the exploit. “If nobody...
Ripple Sends 50 Million XRP to Unknown Wallet, Here Is Potential Reason
Yuri Molchan Fintech giant Ripple has moved 50 million XRP, the community offers a potential reason for this transaction Contents Ripple wires 50 million XRP, here’s a likely reason 800 million ...
FTX Acquires Liquid Group in Major Eastern Expansion
Crypto exchange FTX is currently in the process of acquiring Japanese fintech company Liquid Group and all of its subsidiaries, according to a press release posted on the latter’s website today. As pa...
Yield App Assets Grow 40% Over Q4 As Platform Passes Armanino Audit
Global digital wealth platform Yield App publishes its Q4 report showing assets of $475 million and a full pass from leading auditor Armanino. ESTONIA — 04 FEBRUARY 2022 — Yield App Yield App, a FinT...
Here’s Why Cardano (ADA) Might Drop To $0.78 Before A Bullish Reversal – Coinpedia – Fintech & Cryptocurreny News Media
Cardano (ADA) is staying in a sideways consolidation, still defending the $1 mark. As Coinpedia reported earlier, Cardano millionaire addresses are actively accumulating despite the flat price. ADA wh...
Here’s How DeFi Project Lost $320 Million Worth of Ether
Contents An expensive bug A prescient warning? Wormhole, a bridge that links Solana with other popular blockchains, has been robbed of $320 million worth of wrapped Ethereum (wETH), suffering the seco...
Is Solana On The Verge Of Getting Rug-Pulled? Will SOL Price Remain Chained Below $100?
The crypto business’s congestion-ridden blockchain continues to stifle its limitations. Despite holding a firm grip on fundamentals and utility, the congestion in the network has been a thorn in the s...
Litecoin (LTC) Price Analysis: Risk of More Losses Below $100
Litecoin price again failed to clear $115 and corrected lower against the US Dollar. LTC price is now trading below $110 and the 55 simple moving average (4-hours). There is a major rising channel for...
Pixel Vault raises $100M for NFT development platform
Operator-led venture capital firms Velvet Sea Ventures and 01 Advisors invested $100 million into Pixel Vault, a large nonfungible token collection of superheroes, to jointly launch the rebranded mult...
Federal Reserve Bank of NY Lays Out Possible Stablecoin Scenarios
Because the stablecoins would effectively act like a pass-through central bank digital currency, their pegs – fixing the price to $1, for example – would come with guaranteed stability. In times of fi...
Indian Regulators State That Cryptocurrency Is Not Illegal and Now Taxed as Gambling Winnings
Arman Shirinyan Indian regulators compare gains from cryptocurrency trading to gambling The Indian regulators have stated that it will not treat cryptocurrency trading as an illegal activity a day aft...
Cardano proceeds with important updates to eliminate congestion issues
Input Output (IOHK) recently announced important updates that will increase Cardano’s block size by 11%. The network’s core development team also scheduled a memory boost for its smart contract platf...
Shiba Inu (SHIB) the Dogecoin Killer Now Powers Welly’s The Clown Killer
The past week saw the Shiba Inu team hinting at a significant development. It recently released a 16-sec teasing video on Twitter to get the community ready for the cooking action. It was confirmed to...
IRS may not tax staking rewards until sold
A Nashville couple’s lawsuit over taxes they paid on unclaimed and unsold Tezos staking rewards is coming to an end with the Internal Revenue Service (IRS) agreeing to issue them a refund. The decisio...
Shiba Inu Now Has Its Own Fast-Food Chain
Alex Dovbnya Shiba Inu-branded fast food is now available in Italy In a new blog post, Shiba Inu developer Shytoshi Kusama has announced a partnership with an Italian fast-food restaurant called Welly...
What Will It Take For DeFi To Go Mainstream? Simplicity, Security And Utility
Complexity is the enemy of mass adoption—and if decentralized finance (DeFi) has been anything to date, it’s complex. It’s true that a niche of crypto pioneers are comfortable navigating the often cha...
Solana Set For Another Bearish Cycle! SOL Price To Dump More Than 20% – Coinpedia – Fintech & Cryptocurreny News Media
The Solana price is more than 60% away from its ATH and the metric signifies that its loss of profits to competing cryptocurrencies is driving the latest correction. The past couple of months has been...
What’s CK Pool? And, Why Are There So Many Solo Miners Getting Block Rewards?
The CK in CK Pool stands for Con Kolivas, a Bitcoin legend. Three weeks ago, when he announced that a solo miner got a whole 6.5 BTC block reward, the Bitcoin community cheered. Then, there was a seco...
Grammy-winner John Legend launches new music and art NFT platform
American singer-songwriter John Legend is solidifying his position among the ranks of celebrities flocking to the world of nonfungible tokens (NFTs), helping to launch a new NFT platform for musicians...
NFT Platform Pixel Vault Closes $100M Investment
NFT (non-fungible token) development platform Pixel Vault has closed a $100 million funding round, the startup announced on Wednesday. The company said that the investment by Velvet Sea Ventures and 0...
South African Regulator FSCA Cautions Consumers Against FTX, ByBit
The Financial Sector Conduct Authority (FSCA) of South Africa issued two notices yesterday, warning the public against dealing with crypto exchanges FTX and ByBit. In a press release, the FSCA told t...
In The Clash Between Ripple And SEC, Is XRP Price Conspired To Remain Bound to $0.5?
The crypto business’s biggest legal brawl, while finding no end in sight, continues to spectate the roaring voice of the XRP army. While the discovery deadline finds dates to the end of the month, th...
Solana Woes Worsen in $320 Million (120K wETH) Wormhole Bridge Hack
A Solana bridge called Wormhole has been exploited for as much as $320 million according to reports emerging on Feb. 3. The team posted a notice that the bridge had been hacked losing 120,000 wrapped ...
Wormhole token bridge loses $321M in largest hack so far in 2022
The Wormhole token bridge experienced a security exploit today, resulting in the loss of 120,000 wETH tokens ($321 million) from the platform. Wormhole is a token bridge that allows users to send and ...
Paradigm Offering ‘Futures Spread Orderbooks’ on Deribit and Bybit
A futures spread trade is an arbitrage technique where a trader takes two positions on a commodity to capitalize on a discrepancy in price. So a trader buys one futures contract and sells another with...