Digital currency payments company Ripple Labs Inc has announced a new hackathon dubbed the CBDC Innovate Challenge for developers who can build XRP Ledger-powered payment solutions bordering on Centra...
Category: Tech
Live Tech News Updates.
Three Arrows Capital Ordered Into Liquidation by a Birtish Virgin Islands Court
The Singapore-based cryptocurrency hedge fund – Three Arrows Capital – has reportedly been ordered into liquidation following the downturn of the market and the challenges it faced recently. According...
DeFi Saver: Unlocking the next era of DeFi automation
As the reach of blockchain technology gains momentum, a plethora of blockchain platforms with a wide range of services and products have sprung up. However, only a handful of these platforms have the ...
CoinFlex CEO Vs Roger Ver, Who Owes Whom?
CEO of Cryptocurrency exchange CoinFLEX Mark Lamb, stated on Twitter that CoinFlex has issued Bitcoin Cash promoter Roger Ver a notice of default. According to Lamb, Ver defaulted on a loan agreement ...
Ripple Labs Launches Hackathon to Promote CBDC on XRP Ledger
The blockchain payments company, Ripple Labs Inc has announced the launch of its hackathon dubbed Ripple CBDC Innovate challenge as it seeks to power innovation bordering on Central Bank Digital Curre...
Russian Lawmakers Approve Tax Exemption Proposal for Digital Asset Issuers
A few days after Russian authorities presented a bill seeking to govern the illegal issuance of crypto if approved, the country’s policymakers have signed a proposed law to exempt token issuance from ...
Russia approves tax exemptions for issuers of cryptocurrency
The lower house of the Federal Assembly of Russia approved a draft bill on June 28 that could exempt cryptocurrency issuers from Value Added Tax (VAT). Sanctions are hurting “unfriendly nations” more ...
Street Artist “Monopoly” Joins HyperMint And NFTGrails To Launch NFTs
The latest reports confirm that Alec Monopoly, an American street artist, has successfully launched his new “Rags to Richie” non-fungible token (NFT) collections. The American street artist partnered ...
British Virgin Island Orders Liquidation For Three Arrow Capital: Reports
According to Sky News reports, the British Virgin Islands has ordered cryptocurrency hedge fund firm Three Arrows Capital (3AC) bankrupt. This move will worsen the crypto space’s instability. As per t...
Top Executives Quit as Babel Finance Sees Financial Woes
Troubled crypto lending firm Babel Finance is continuing to face further woes as multiple top employees are leaving the company. According to the latest report, one of the prominent employees, Yulong ...
Binance USD (BUSD): Fully-Backed and Regulated Stablecoin
Cryptocurrencies are risk assets, and the recent market crash shows how volatile they can be. While crypto assets are now more popular than ever, many investors are still skeptical about joining the i...
ApeCoin [APE] will face lesser intense price swings if this cohort…
ApeCoin [APE] is still finding its valuable place in the crypto market. And, therefore, gathering support from its investors is crucial for its growth. However, ever since its inception, investors hav...
Analysts Feel a Bear Market Has Arrived
With crypto dipping further every two minutes, many analysts are worried if we are now in a bear market and if a crypto winter is coming much like what we saw in the year 2018. Is a Bear Market Here? ...
Cardano is in a Tight Range as It Poises to Break $0.44 Support
Jun 29, 2022 at 12:16 // Price The price of Cardano (ADA) is in a downward correction, but consolidating in a narrow range between $0.44 and $0.55 price levels. The upward movement was limited by the ...
1.7 Million Dogecoin Shifted Anonymously for Fees Unimaginable for Banks
Yuri Molchan Nearly 2 million DOGE have been shifted by anonymous wallets today Contents 1.7 million Dogecoin on the move This is how much DOGE Robinhood stores as FTX wants to buy it According to sev...
Terra Luna Classic (LUNC) Accepted as Payment in StarShip Universe, Also 1.2% of All LUNC Payments To Be Burnt
– Advertisement – Terra Luna Classic (LUNC) is accepted as payment inside the StarShip Universe with a 1.2 percent tax burn in the largest new metaverse, StarShip Universe. As a result o...
PolySign Completes $53 Million Series C Funding Round
Digital asset infrastructure provider, PolySign, has completed its Series C funding round, raising $53 million. The round was co-led by previous investors Cowen Digital, Brevan Howard, GSR, and others...
Hackers Move Funds via Tornado Cash
Harmony Protocol still hasn’t found harmony after a recent hack. In fact, the drama on Harmony Protocol’s Horizon Bridge continues. After the company offered a $1m reward to the hackers, the criminals...
TRON Breaks the 100 Million Users Mark, Celebrates Mainnet 4th Anniversary, and Announces Huge Hiring Push Amid Market Meltdown
TRON user accounts have reached 100,048,526, officially breaking the 100 million ceiling, according to data from the blockchain browser TRONSCAN, as of June 25. On the same day, TRON Mainnet celebrate...
LND version 0.15 launched, supporting Taproot- The Cryptonomist
Yesterday Lightning Labs officially announced the launch of the new version 0.15 of LND, thus supporting Taproot on LN. Announcing lnd 0.15 beta: To Taproot and Beyond! ♾️ Featuring:?Taproot + Musig2 ...
How Huobi Is Leading The Pack
Cyber security incidents make the headlines every few days, and cryptocurrency exchanges are no stranger to infiltrations perpetuated by opportunistic cybercriminals. The growing popularity of cryptoc...
Launchpads vs Parachain Auctions: What is More Profitable for the Investor?
The current two most successful options for investing in new crypto projects, IEO and IDO launchpads appeared in early 2017 as an updated version of ICOs. And parachains are a fairly new phenomenon, w...
Compass Mining Leadership Steps Down Following Alleged Non-Payment Debacle
Compass Mining – a US-based mining service that hosts Bitcoin miners on behalf of clients – has recently announced that both CEO Whit Gibbs and CFO Jodie Fisher would be stepping down, effective immed...
Maker: The if, but and so of MKR’s 75% ten-day rally
It has been a while since Maker [MKR] experienced any significant upside given the bearish nature of the market, especially in the last two months. However, the MKR bulls have finally made an appearan...
Bear market: is it a serious threat to cybersecurity tokens?
The first half of June 2022 brought numerous reasons for panic among crypto investors. The market capitalization of cryptocurrencies decreased by more than $400B dropping below $900B. The last time su...
Wedge Pattern could Lead LINK price below to $5
Published 19 hours ago The Chainlink (LINK) price action shows a later walk within a falling wedge pattern. This range is stretched from $9.32 to $5.5 and has held the coin for around seven weeks. Wit...
Altcoins in Recent Rallies as Bulls Continue to Purchase on Dips
Jun 29, 2022 at 10:50 // Price Cryptocurrencies are making positive moves as altcoins break out above 21-day moving average lines. However, demand is drying up at higher price levels. Bears are relent...
Axie Infinity’s Ronin Bridge Audited & Relaunched After Hack
Following the historic DeFi hack, Ronin blockchain has just announced that the Ronin Bridge is reopened and accessible for users. According to Ronin’s newsletter, the relaunch follows three successful...
Is the World’s Computer Falling Behind?
Sunny Aggarwal, the co-founder of the Cosmos-based Osmosis exchange, explained to CoinDesk, “Almost every rollup platform right now is all single operator – whether it’s Arbitrum, Optimism or StarkWar...
BabyDoge Team Announces Burn Date Of 50 Quadrillion Tokens, All Coins To Be Burned In One Transaction
– Advertisement – Shiba Inu’s Rival, Baby DogeCoin (BabyDoge) To Burn 50 Quadrillion Tokens on July 1st. Shiba Inu’s rival, Baby DogeCoin (BabyDoge), plans to cut 50 Quadrillion of Baby Do...
Huobi Global Plans to Layoff 30% of its Personnel Due to Multiple Factors
4 hours ago | 2 mins read Exchange News Huobi had to remove its Chinese customers by the end of December last year. Huobi has secured additional licenses in New Zealand and the United Arab Emirates. H...
Third-Tier Exchanges “Secretly Insolvent,” Says FTX’s Sam Bankman-Fried
Key Takeaways FTX CEO Sam Bankman-Fried has warned that some third-tier crypto exchanges are “secretly insolvent” and that more crypto firm failures could be on the horizon. Despite his fi...