Terraform Labs Pte. Ltd. (Movant), has filed a motion to compel market maker Citadel Securities, LLC to divulge crucial trading data. This data, pertinent to a third-party subpoena, is deemed critical...
Category: Tech
Live Tech News Updates.
Qualcomm to Lay Off Over 1200 California Employees
Out of the 1,258 job cuts, more than 750 positions are from different levels of Qualcomm’s engineering ranks. The rest of the reductions cover a broad range of roles such as internal technical staff a...
Former Governor Says China Must Prevent Abuse As It Develops CBDC
Table of Contents Zhou Xiaochuan, a former governor of China’s central bank, has urged China to pay close attention to security and prevent abuse as it develops its CBDC. The People’s Bank of China h...
WBTC Whale Dumping Tokens To Pay Debts and Avoid Liquidation
Lookonchain revealed on X that a whale has been selling their WBTC to pay off debts. This could be a factor that contributed to WBTC’s price falling by 0.11% in the past hour. At press time, WBTC was ...
Mastercard enables tokenization of CBDCs across blockchains
The primary objective of this project was to explore the potential use cases for a CBDC in Australia The solution ensures that the pilot CBDC can only be held, used, and redeemed by authorized parties...
Tether executive shakeup: Ardoino takes over as CEO
Paolo Ardoino will take the helm as CEO of Tether from Jean-Louis van der Velde in December. Ardoino took on the role of chief technology officer back in 2017 after joining the company in 2014. Van de...
Madeira’s President Unveils Pioneering Business Hub
Bitcoin Amsterdam 2023 became the backdrop for a landmark announcement as President Miguel Albuquerque of Madeira, in conversation with Prince Filip of Serbia, unveiled plans for an avant-garde BTC bu...
Here Is Why XRP May Go for Historic Run after Breaching 6-year Triangle
XRP is poised for a historic bull run after a 6-year wedge forms in its chart alongside an extended accumulation phase and regulatory clarity. XRP has wallowed in the bearish market for an extended pe...
Loom Network (LOOM) Shines Bright With 510% Surge in a Month
Altcoin News Due to the Relative Strength Index (RSI) being so overbought at 93, caution is warranted. LOOM has gained nearly 24% in the last 24 hours as per data from CMC. The crypto market continues...
Have Traders Moved Past Dogecoin? Transactions Plunge 98% Since June
Data shows that Dogecoin transactions have dropped more than 98% since June, a sign that investors have lost interest in the meme coin. Dogecoin 7-Day Transaction Count Has Dropped To Just 37,300 Acco...
Paolo Ardoino to take over as Tether CEO in December
Paolo Ardoino will take the reins as Tether’s (USDT) new Chief Executive Officer (CEO) in December, according to an Oct. 13 statement from the stablecoin issuer. Former CEO Jean-Louis van der Velde wi...
Trader Joe’s grocery store files trademark lawsuit against Trader Joe DEX
Lawyers representing United States supermarket chain Trader Joe’s have filed a complaint in California against decentralized exchange Trader Joe. In an Oct. 5 filing in the U.S. District Court for the...
Why Terraform Labs Is Blaming Citadel for UST Depeg
Terraform Labs has filed a court motion to force Citadel Securities to hand over documents that Terra claims show the market maker had a hand in last year’s collapse of the TerraUSD (UST) stablecoin. ...
Litecoin Turns 12: Here’s How It Started
Alex Dovbnya As Litecoin rings in its 12th year, it is an opportune moment to reflect on its journey, assess its current positioning on market Litecoin, one of the pioneering cryptocurrencies, recentl...
From Cyberspace to Outer Space: Will Fiat Imperialism Push Mining Off-Planet?
From Cyberspace to Outer Space Tension is building in the mines. As the 4th Halving nears and the block reward trims to 3.125 bitcoin per block, miners must not only adapt to a significantly diminishe...
US Justice Department Charges Ex-CEO Over Cryptocurrency Fraud
Peter Kambolin, former CEO of investment firm Systematic Alpha Management LLC (SAM), has pleaded guilty to a “cherry-picking” fraud scheme. The “cherry-picking” scheme has been described as a form of ...
could key Stellar news help stem bearish flip?
Stellar (XLM) price was changing hands around $0.10 on Friday, down 7% and 15% in the past 7 and 30 days respectively. The Stellar Development Foundation has teamed up with Certora to boost security ...
Flare Announces 2.1 Billion FLR Tokens Burn for Ecosystem Health
The blockchain for data, Flare, has recently made a groundbreaking announcement, revealing its plans to burn 2.1 billion FLR tokens as part of a strategic move to support ecosystem health. This signif...
Mori Finance Launches Zero Minting Fee Campaign To Mint ETHS And ETHC For Free
Key Points: Mori Finance initiates a zero-minting fee event, allowing users to mint ETHS and ETHC without fees. Mori Finance’s zero-fee campaign aims to promote a more accessible and user-friendly eco...
STEPN Integrates Apple Music into Web3 App
Apple and STEPN (with a utility token called GST and a governance token called GMT) have announced the integration of Apple Music into the STEPN application, marking yet another milestone in the ongo...
Bankman-Fried’s defense? ‘No theft occurred’
After a few hours of unproductive cross-examination, Sam Bankman-Fried’s defense team took a different approach: see if the judge will throw them a bone. In a motion filed during Thursday’s lunch bre...
What Is Leased Proof-of-Stake (LPoS)?
Privacy settings Decide which cookies you want to allow. You can change these settings at any time. However, this can result in some functions no longer being available. With the slider, you can enabl...
Analyst Says Cardano May Stay in a Consolidation Phase Until 2024
Cardano (ADA) price is displaying a historical trend that might keep it in a consolidation phase until mid-2024. According to market analyst Ali Martinez, the current consolidation Cardano currently t...
DOT drops to a new low; traders should read this before buying the dip
DOT was oversold after a recent bearish stint pushed it to a three-year low. Low investor excitement suggested recovery may not be very easy. Polkadot’s native cryptocurrency DOT might have most of i...
Floktober Is Here! What Does It Hold for Floki?
FLOKI coin surges 8% in the past 24 hours. Mysterious “17.10.2023” post teases big FLOKI announcements. FLOKI, the meme coin sensation, is creating a buzz with its remarkable surge and an intriguing a...
Best Non Gamstop Casinos 🥇 2023 UK Casinos Not On Gamstop
For some online casino players in the UK, finding casinos not on Gamstop is interesting due to the unrestricted gambling environment they offer. But what exactly is a non Gamstop casino? Simply put, t...
Caroline Ellison’s Cross-Examination Hits on Alameda Rival Modulo
According to another live update by Wired, the rivalry between defunct Alameda Research and fellow FTX-backed trading firm Modulo has come up in Caroline Ellison’s Testimony. Caroline Ellison Faces Cr...
US tightens grip on AI chip export to China amid escalating tech battle
The United States Government is contemplating shutting down Chinese companies’ access to American artificial intelligence (AI) chips, Reuters reported on Oct. 13. The Biden administration aims to clos...
Mastercard: CBDC wrapping trial – The Cryptonomist
In a groundbreaking convergence of traditional finance and blockchain technology, Mastercard recently unveiled the impressive results of its trial using Central Bank Digital Currencies (CBDC). This p...
Changpeng Zhao’s tweet ‘contributed’ to collapse of FTX, claims Caroline Ellison
According to former Alameda Research CEO Caroline Ellison, a single tweet from Binance CEO Changpeng “CZ” Zhao contributed to the failure of cryptocurrency exchange FTX. Testifying in Sam “SBF” Bankma...
Memecoin Project $Garbage Aims to Launch A $100,000 Giveaway
Miami Beach, United States / Florida, October 13th, 2023, Chainwire $Garbage, the world’s first garbage-themed meme coin, is taking the crypto world by storm. With a unique storyline backed by a mutua...
SEC to Announce Grayscale ETF Decision Today, Here’s What Happens Otherwise
Yuri Molchan The US regulator is due to announce today whether it will allow Grayscale to launch a Bitcoin ETF The US securities and exchange regulatory body SEC is approaching the deadline for announ...