The popularity of the metaverse has seen it snake its way into various industries. Entertainment and gaming had been the most prominent of these but other unlikely sectors are taking to the latest fav...
Category: Tech
Live Tech News Updates.
Future of Finance and Tech throughout the Davos Week
Place/Date: Davos, Switzerland – May 18th, 2022 at 7:50 pm UTC · 4 min read Source: EmTech Invest Hub The EmTech Invest Hub is back to Davos, Switzerland, May 21-26, 2022 with the series of the ...
New Data Shows South Koreans Heavily Accumulating LUNA In Hopes of A Gigantic Price Rebound ⋆ ZyCrypto
Advertisement     South Koreans are laboriously purchasing Terra’s native token undeterred by the massive crash last week. Notably, several retail investors believe th...
Socios fan tokens rally 40%+ after Chiliz rolls out mainnet upgrade and token burn plan
In times of high stress and market turmoil, sports entertainment has served as a valuable escape for people around the world as they get a chance to root for their favorite players and teams while bri...
Frances Haugen: Facebook Informer
That’s the core message of Frances Haugen, the former Facebook projects manager who, in September 2021, disclosed over 20,000 pages of documents that shed light on the darkest of online places. The ev...
BlockTower, Centrifuge Complete $3 Million Sale of RWAs
Vladislav Sopov Legendary blockchain investor BlockTower has entered into a partnership with Centrifuge (CFG) platform for real-world asset tokenization Contents First-ever $3 million token sale by Ce...
12.42 Billion Shiba Inu Burnt In 24 Hours As Shib Burn Rewards Increase Burning Curiosity
– Advertisement – 12.42 Billion Shiba Inu Tokens Burnt In 24 Hours. Shiba Inu Community has burned over 12.42 billion SHIB in the last 24 hours. Thanks to the first distribution of Shiba...
Celsius CEO blames malicious actors for troubles at the firm
Celsius users are up in arms over the company’s faltering performance, specifically, the CEL token’s shortcomings during the recent market turbulence. But CEO Alex Mashinsky laid the blame squarely on...
Yield App Stablegains Faces Lawsuit After Losing $44M on UST
Key Takeaways Yield generation app Stablegains is facing a lawsuit after losing $44 million of users’ funds. Despite previously claiming it used USDC to generate yields, a recent update revealed...
RBIS is ready to be the next Bored Apes
SPONSORED POST* The world of crypto is expanding rapidly into a variety of areas from gaming and virtual reality to digital art, cryptocurrency banking and web 3.0. The most promising new altcoins are...
BetSwirl Set To Usher In New Suite Of B2B Services
Following what can best be described as an interesting cascade of insightful experiences over the last couple of months, the BetSwirl team has thought it particularly necessary to launch a B2B service...
Ripple Partners With Lithuanian Firm For Cross-Border Payments
San Francisco-based payments company has entered into another partnership deal with Lithuanian FinTech firm FINCI to facilitate cross-border payment services. New Market Opens Up For Ripple The news ...
Another Theranos? Do Kwon Stares At Multiple Lawsuits As Investors Sense Fraud In Terra’s Debacle ⋆ ZyCrypto
Advertisement     Last week, a columnist described Terraform Labs’ co-founder Do Kwon as “the Elizabeth Holmes of Crypto.” Elizabeth Holmes is a former CEO of the now-...
Tether Cut Commercial Paper Reserve by 17% in Q1, Accountants Say
The majority of this $20.1 billion (around $18 billion) is comprised of A-1 and A-2 paper, which qualify as investment grade, according to the report. A list of ratings agencies grading the commercial...
XRP Ledger Pathfinding Demo Is Finally Revealed
Last night, prominent XRPL Labs developer Wietse Wind shared a demo of a live pathfinding tool that he coded via VueJS. The tool is designed to easily and quickly find a payment path between two XRPL ...
Biggest DeFi Stablecoin Protocol Wants Terra’s USD (UST) Booted Out Of The Platform
– Advertisement – The Curve Community Wants Terra’s UST Booted Out Of The Platform. Amid the mounting issues beleaguering Terra, platforms hosting Terra USD (UST) liquidity flows are now...
Bybit’s New Liquidity Mining Pools Offer Up to 30% Apy
5 hours ago | 3 mins read Editors News Bybit Leverage feature allows users to access greater yields using their funds as collateral With multi-layered liquidation, users can manage risks themselves ag...
DoraHacks Raises $20M Led by FTX Ventures and Liberty City Ventures
Place/Date: Singapore – May 18th, 2022 at 3:25 pm UTC · 3 min read Contact: Steve Ngok, Source: DoraHacks DoraHacks, the global hacker movement and one of the most active Web3 developer incentiv...
Tether’s $82.4B reserves exceed market cap of USDT
The world’s biggest stablecoin has just released its quarterly transparency report a day before the deadline of May 20. The report indicates that Tether’s reserves were $82.4 billion as of March 31, ...
Tether Calms USDT Depeg Fears With New Reserves Report
Key Takeaways Tether has published its Consolidated Reserves Report along with attestation from the independent auditing firm MHA Cayman. The report shows Tether’s consolidated assets exceeding ...
Will ANC Hit The $1 Mark This 2022?
Anchor Protocol has been one of the renowned projects in the crypto-verse. Terra’s yield generating project continues to remain an ideal choice for borrowers and lenders for profitable gains. The An...
Avalanche, Algorand, and NEAR Protocol Price Analysis: 19 May
The Chair of the Federal Reserve of the United States Jerome Powell stated that the Federal Reserve would keep hiking rates in order to tame inflation. This could continue into June and July, which co...
LUNA, UST Volatility Spikes As Voting On Terra Fork Begins
After losing most of their value in the past two weeks, Terra’s native tokens- UST and LUNA- are experiencing large price swings. The volatility comes just after Terra opened community voting on its r...
TerraUSD Falls Significantly as Bears Gain More Grounds
May 19, 2022 at 15:30 // Price TerraUSD (UST) is in a downtrend as the altcoin fell sharply to a low of $0.050 but has recovered. Today, the altcoin is trading at $0.073 at press time. The cryptocurre...
Charles Stanton, CMO Bondly Finance on Rebranding to Forj Network
Bondly Finance and Animoca Brands have recently announced Bondly Finance’s rebrand to Forj. Previously the brand has led the way in the NFT space through several innovative partnerships and today we’r...
Analysts assess the aftermath of the Terra (LUNA) collapse
Financial commentator Frances Coppola is convinced that algorithmic stablecoins such as TerraUSD (UST) will always be vulnerable to sudden collapses, no matter how much the technology improves. “They...
Are Axie Infinity (AXS) And FIREPIN Token (FRPN) The Future of Gaming?
– Advertisement – NFTs have become a staple part of the crypto sphere in the past few years, revolutionizing the art world and opening doors for discussion on where the Internet will go ne...
Temenos and Amazon Web Services team up
Temenos and Amazon Web Services have decided to team up to offer everything banks and large financial giants need such as tools, storage, and computing power, all in a secure and reliable manner. The...
CryptoCom Pay extends its services to Shopify merchants
CryptoCom has announced that it will allow Shopify merchants to use the CryptoCom Pay service on its online storefronts. The service will be available to merchants who want to expand their services’ s...