Tesla CEO Elon Musk is out with one reason why he continues to support Dogecoin. In an interview at the Qatar Economic Forum in Doha, Musk told Bloomberg, “A lot of people who are not that wealt...
Category: Tech
Live Tech News Updates.
Which Projects Could Be Affected by 3AC’s Liquidity Crisis?
Key Takeaways Three Arrows Capital is facing a liquidity crisis due to the collapse of the crypto market. It’s believed that the firm could be facing bankruptcy as it struggles to pay off its de...
CoinDCX and Coinswitch Kuber Suspend Withdrawals, Citing KYC
Both CoinDCX and Coinswitch Kuber exchanges in India have suspended deposits and withdrawals citing know your customer (KYC) regulations for the decision. Some Indian investors fear that the exchange...
Binance and Kraken On A Hiring Spree Despite Market Crash
Following reports of a number of well-known crypto companies announcing huge layoffs, popular exchanges Kraken and Binance have decided to defy the trend by recruiting aggressively. Binance, the large...
Is Mehracki Getting Ready To Captivate The World Of Cryptocurrency
There are many crypto projects such as meme coins that are currently in circulation which can provide users with the opportunity to make a return on their investments. Lately, meme-based currencies ha...
How Ankr Integrates as Optimism’s Public RPC Endpoint To Boost Capacity
Optimism has become of great interest to many cryptocurrency users, primarily due to the recent token airdrop. However, the Layer-2 scaling solution also helps advance the Ethereum network. Ankr’...
0x0 Art to transform user-owned NFTs into physical paintings
Are you feeling wrong about the current crypto and NFT market? So, are we, but how long will it last? No one knows. But there is a plan. This whole period can be turned into a very profitable activity...
Altcoins Hold Respective Support Levels, Resume Upward Correction
Jun 21, 2022 at 11:04 // Price While Bitcoin is reclaiming the psychological price level of $20,000, the altcoins below it have made positive moves to the previous highs. The cryptocurrencies below ha...
Celsius Token Up 65% as Traders Pull Short Squeeze
Key Takeaways Celsius’ CEL token has jumped 65% in the past 24 hours due to a combination of retail buying and short covering. The #CELShortSqueeze hashtag has helped fuel the rally by bringing ...
USDC Market Cap Soared More than $4 Billion in May
USD Coin (USDC) was one of the few digital currencies that was able to withstand the selling pressure that engulfed the market in May leading to a rise in one of the most used stablecoins. The token r...
UK backtracks on regulation for digital wallets
Contrary to the EU, UK has decided not to oblige crypto companies to send information on transactions of so-called “unhosted” digital wallets. Tracking the activities of “unhosted” digital wallets is ...
Crude Oil Resistance at $110
Although the broad markets have been sluggish, with the NASDAQ and S&P 500 both in bear markets, oil equities have performed well. Energy firms are among the top 15 gainers in the S&P 500 this...
CEL Price Soars 115% Daily Despite Celsius Network Accounts Still Frozen
The native cryptocurrency of Celsius Network – CEL – has skyrocketed by some 115% in the past 24 hours alone. This comes as the broader market sees a relief following last week’s devastating drops. CE...
Emergent Games launches Prologue Game for Resurgence
Today, the new web 3 gaming studio, Emergent Games, announces the launch of an alternate reality game (ARG), The End, on 29th June. It is the first installment of a range of planned digital and immers...
VeChain (VET) Price Surges 7% After This Major Update
VeChain’s long-awaited VIP-220 is finally live on a private testnet, the VeChain Foundation’s official Twitter handle said on Tuesday. The community considers this a massive step towards achieving a ...
Celsius warns community about fake accounts, pauses Twitter spaces and AMAs
A week after it started its withdrawal freeze, crypto lending platform Celsius Network warned the community of a rise in fake social media accounts claiming to be affiliated with the company. In a bl...
Breaking: SEC Adds LUNA In Ongoing Mirror Protocol Investigation Targeting Do Kwon And Terra Labs
– Advertisement – The US SEC has expanded the scope of its investigations into the Mirror Protocol to include Luna. The legal front is getting hotter for Do Kwon and his company, TFL. Wh...
Cardano Delays Vasil Hardfork Due to Pending Bug Fixes
Key Takeaways Cardano has postponed its Vasil hardfork upgrade to the last week of July. Input Output Global, the company behind Cardano, cited seven bugs as the reason for the delay. The Vasil hardfo...
PlayDapp Makes 3 Major Announcements
At the recent consensus 2022 conference, the blockchain middleware provider announced the launch of a metaverse virtual world, a new play-to-earn baseball game, and an update on the playdapp – IPX par...
Cleveland Fed President says inflation will come down
Loretta Mester, president of the Cleveland Fed, does not foresee a recession and expects inflation to fall gradually to 2% two years from now. Expectations of Cleveland Fed on inflation and recession ...
Run and Earn: Meet the Most Promising P2E Release of the Season
[Dubai, 21st of June] — Metarun, the world’s first F2P P2E endless mobile runner game, is set to launch closed Beta on the 28th of June and is estimated to be up to $18 earnings per hour during the li...
Synthetix: Daily volume crosses $200m; is bullish harami pattern in the making
Synthetix [SNX] secured the top spot as the biggest gainer in the list of top 100 cryptocurrencies by market cap during the trading session on 20 June. The token rallied by more than 60% on the heels ...
Celsius Price Skyrockets By 130% Due To Possible Short Squeeze
Cryptocurrency lender, Celsius recently suspended the withdrawals over its platform which caused panic among the investors. However, its native token CEL prices have registered a whopping surge of 130...
Russian Oil Company Turns to Cryptocurrency Mining Amidst Crippling Western Sanctions
Jun 21, 2022 at 09:19 // News Russian oil company Gazpromneft announced that it will use its massive oil resources to mine cryptocurrencies. This comes after US sanctions on Russian oil have led to a ...
216 Million Shiba Inu (SHIB) Tokens Burnt in 24 Hours
Shiba Inu (SHIB) price increased by 3.30% in the last 24 hours. Total of 4 most significant burning transactions were placed within 24. SHIB BURN, the blockchain native burn tracker stated that, in th...
Coinbase Lays Off One-Fifth Of Employees Amid Falling Market Prices
Following major selloffs, the cryptocurrency market has lost billions of dollars in recent weeks. To deal with the current recession, certain exchanges, including Coinbase, Gemini, and Crypto,com, hav...
Celsius Repays Compound Finance $10m Worth of DAI
Crypto lender Celsius Network has repaid interest-yielding DeFi service Compound Finance with $10 million worth of the DAI stablecoin, according to a report from Crypto Briefing. The payment is likely...
Bancor Under Scrutiny After Pausing Impermanent Loss Protection Citing “Hostile Market Conditions”
Decentralized Finance (DeFi) protocol Bancor, often considered a pioneer in the DeFi space, has come under fire after it paused the impermanent loss protection program. The pause was done citing extre...
Kingspeed’s Mainnet Version Launches With Rewards of up to $10K
[PRESS RELEASE – Hà Nội, Vietnam, 18th June 2022] KingSpeed officially launched the very mainnet version with new features and cars. A tournament with a total prize pool of $10,000 will also be held w...