On Friday, Tesla CEO Elon Musk took to Twitter, telling Dogecoin co-founder Billy Markus that the project has potential as a currency. “I enjoy that something stupid could also have utility and be suc...
Category: Tech
Live Tech News Updates.
Chainlink: How a ‘price discrepancy’ resulted in millions lost from DeFi protocols
Terra’s total value locked suffered a major fall, losing as much as $14 billion, amid the de-pegging fiasco resulting in reduced DeFi investor interest and a bearish market. The protocol lost around 7...
DeFi protocols declare losses as attackers exploit LUNA price feed discrepancy
The seemingly endless freefall of Terra (LUNA) affected two decentralized finance (DeFi) protocols due to a price discrepancy, as the Chainlink price feed for LUNA gets suspended over extreme market c...
BitMEX Joins Binance and Other Exchanges, Removes Luna Perpetual Futures as Price Dives to $0
Arman Shirinyan BitMEX has joined an array of exchanges in Luna’s delisting process after the token drops even further One of the world’s leading cryptocurrency derivatives exchanges, BitM...
BREAKING: Ripple and SEC File Joint Motion to Request Time Extension in Ongoing Lawsuit
– Advertisement – Both the SEC and Ripple want Judge Sarah Netburn to extend the deadline for motions regarding attorney’s fees in line with Dr. Metz’s Supplemental Report. Ripple investor...
Customers sue Coinbase for promoting and trading the GYEN token
Coinbase customers have sued the exchange over the promotion and trading of GYEN, a stablecoin that crashed. A report unveiled this news earlier today, noting that the lawsuit targets both Coinbase an...
UK Government Set To Launch Their Own NFTs
NFTs have become big business over the past year or two. Non-fungible tokens allow artists to make a living from their artwork without huge followings, as well as giving creators the opportunity to of...
Dr. Avalanche, Mr. Terra, and the tale of Luna Foundation Guard Reserve
A week ago, Terra [LUNA] was just above $80 as investors bemoaned its faith. But at press time, the ex-top ten crypto was changing bloodstained hands at $0.00005687. Naturally, the shock of this fall ...
Do Kwon’s Roadmap For TerraUSD To Regain Its Peg As LUNA Tanks ⋆ ZyCrypto
Advertisement     Terra’s week from hell continues as its stablecoin remains far from the dollar peg while its native coin has slumped to zero. However, on Wednesday, ...
Ripple (XRP) Token Up 21% Ahead Of Update In SEC Case
Ripple (XRP) prices tracked a broader recovery in crypto markets, ahead of an update in the Securities and Exchange Commission (SEC) case. The token rose 21% ahead of a response from the organization ...
BitKwonnect? ‘Luna Brothers’ moment sees Terra inflate token supply 3,500% overnight
Terra (LUNA), the in-house token of Blockchain protocol Terra, is undergoing major changes which are causing intrigue and despair in equal measure. Data released on May 13 confirms that overnight, the...
Tether Has Cut Commercial Paper Holdings Backing Stablecoin by 50%: CTO
During a recent Twitter Spaces event discussing stablecoins and the recent crypto volatility, Tether CTO Paolo Ardoino said that the stablecoin provider had cut the amount of commercial paper backing ...
Curve TVL Sinks $14 Billion; No Longer DApp with Most Value Locked
Curve total value locked (TVL) fell steeply in the second week of May due to decreased investor interest in decentralized finance (DeFi). Curve was the decentralized application with the most value l...
Do Kwon Proposes Revival Plan for Terra Ecosystem
Terra co-founder Do Kwon has unveiled a revival plan for the Terra community, which will involve abandoning the UST stablecoin entirely. Instead, he suggests that validators reset network ownership un...
Uniswap: Analyzing why UNI remains an attractive bearish bet
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Uniswap is one of the largest decentralized exchanges with liquid...
Cardano’s IOHK Shares Growth Recap, ADA Drops to $0.40
Tomiwabold Olajide IOHK shares a long thread including information about various projects building on Cardano Cardano’s parent company, IOHK, has shared a growth recap for the Cardano ecosystem,...
BIG PLANS for Cardano: ADA Still Has 25X Potential, Here’s Why?
The post BIG PLANS for Cardano: ADA Still Has 25X Potential, Here’s Why? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide After a tumultuous couple of wee...
BitMEX Co-Founder Arthur Hayes Deserves More Than a Year in Prison
According to US prosecutors, the Co-Founder of the cryptocurrency exchange BitMEX – Arthur Hayes – should stay behind bars for more than 12 months because his company violated anti-money laundering la...
CZ Reveals Why He Shutdown LUNA And UST Trading On Binance
Changpeng Zhao, popularly referred to as CZ, is the founder and Chief Executive Officer of Binance. Speaking from his official Twitter handle, he revealed what prompted the decision to take LUNA and U...
Trust in stablecoins ‘infinitely more important’ than collateral
In light of recent market effects due to the collapse of the TerraUSD (UST) stablecoin, several questions should be answered about what makes a stablecoin usable as the crypto market expands. Co-found...
League of Kingdoms (LoK) Game Introduces New-Gen Play-to-Earn Mechanics
Vladislav Sopov Popular GameFi protocol smashed through 800,000 monthly active user milestone Contents Novel Play-to-Earn mechanics by League of Kingdoms: What are Drago NFTs? Genesis collection will ...
CryptoCom Reversing All Terra (LUNA) Trades Initiated At An “Incorrect Price” Since May 12th, FTX Delist LUNA
– Advertisement – Crypto.com Is Reversing All Terra Luna Trades Initiated At An “Incorrect Price” Since May 12th Terra Luna has been the talk of the town this entire week, all courtesy of...
What Are Algorithmic Stablecoins? – Decrypt
Decentralized finance (DeFi) is a complex and rapidly developing industry, full of experimentation and innovation, and building on the philosophical and ideological foundations of a more efficient, ce...
Jerome Powell confirmed again at the helm of the Fed
The US Federal Reserve (Fed) has confirmed the arch-enemy of the cost of money, Jerome Powell, at the helm for another four years. Jerome Powell is still in charge of the Fed, what’s next? Jerome Powe...
UST to USDT: Here’s what caused largest 1-day dump in USDT’s addresses
The ongoing cryptocurrency crash has injected a chaotic sentiment within the investors. The steep decline saw $200 billion in value wiped out in a single day. Bitcoin alone fell to below $25,000 on th...
Is $2,500 On The Way Amid RSI Bullish Divergence?
ETH price tracks higher amid broader crypto market relief rally with decent gains. ETH started the session on a pessimistic note but the buyers gather strength and moved higher. However, the recent do...
XRP Flashed A Sign Of Revival; Where’s It Headed Next?
The price of XRP has nosedived substantially to a level that it last touched almost 70 weeks ago. At the current time, XRP’s price have been trading near its immediate support level of $0.36. Bitcoin ...
SEC’s Hester Peirce says new stablecoin regs need to allow room for failure
Commissioner Hester Peirce — also known as the United States Securities and Exchange Commission’s (SEC) “crypto mom” — has backed a regulatory framework for stablecoins that allows “room for there to ...
Ripple CTO Defends Elon Musk Against Associated Press Criticism About Twitter Acquisition
Yuri Molchan David Schwartz has sided with Tesla boss on the issue Musk has been criticized by Associated Press for Contents Musk bashing his opponents on Twitter Ripple CTO defends Elon Musk Chief te...
2 Tech Stocks That Now Look Impossibly Cheap
Text size Memory chips from Micron Technology are increasingly vital in the cloud, as well as in the automotive, industrial, and networking markets. Jeremy Erickson/Bloomberg Historically, companies l...