House Financial Services Committee approves bill to prevent American banks from issuing digital currencies. Majority Whip Tom Emmer leads a Republican-backed effort to prevent CBDC issuance. Concerns ...
Category: Tech
Live Tech News Updates.
PYUSD’s struggle for stardom: A deeper look into PayPal’s stablecoin
Journalist Posted: September 21, 2023 PYUSD volume declines by over 6% in 24 hours. Market cap depicts low adoption compared to other stablecoins. The PayPal USD, known as PYUSD, was anticipated to ga...
Donald Trump Jr says ‘Richard Heart is innocent’ in X account hack
Hackers gained access to Donald Trump Jr’s X account this week, using it to post a series of inflammatory messages. This included announcing the ‘death’ of former president Donald Trump Sr, proclaimin...
Custodia Bank Lawsuit Is The Main Deal: XRP Lawyer Deaton
Pro-XRP lawyer John E. Deaton has made a striking assertion, suggesting that the significance of Custodia Bank vs Federal Reserve battle rivals even the high-profile XRP lawsuit. Following an intervie...
Expert Says Ripple Not Abandoning XRP
XRP community figure Eri says Ripple is not leaving XRP for global payments, citing strong client demand for stablecoins as reason for inclusion of USDT and USDC in Liquidity Hub. Crypto Eri, a promin...
Altcoins Fall As Bears Drive Down Prices
Sep 21, 2023 at 08:28 // Price The worst performing cryptocurrencies have retreated to the bottom of the chart. ASTR, XLM, MIOTA, KLAY and FLR price analysis from Coinidol.com. The price of cryptocurr...
U.S House Committee Passes CBDC Development Restriction Bill
The panel’s top Democrat, Rep. Maxine Waters (D-Calif.), voiced her opposition. The Senate, where Democrats have a majority, may provide significant opposition. A measure to prevent efforts to establi...
Scammers are Targeting Decrypt Readers With Fake ‘Token Swap’ Emails
If you’ve recently received an email from “[email protected]” directing you to a DCPT token swap, don’t click on it; it is a scam. First and foremost: do not click on any links in these emails. Thes...
HAKUHODO KEY3 Announces Web3 Global Hackathon 2023 with Mazda and Mitsubishi Estate Partnership
Hakuhodo Inc., a leading integrated marketing and innovation company headquartered in Tokyo, is gearing up to launch the Web3 Global Hackathon 2023 on Saturday, September 30. This event is organized b...
Venmo, PayPal’s platform, introduces the PYUSD stablecoin
Recently, PayPal, the well-known payment company, revealed that the stablecoin PYUSD has been launched on Venmo. PayPal specified that this stablecoin will be accessible to selected Venmo users, with ...
Balancer Says Frontend Hack Resulted From a Social Engineering Attack
Balancer, an Ethereum-based decentralized protocol, said that the platform regained control of its domain and is secure shortly after hackers attacked its frontend. According to Balancer, a social eng...
The Uprising Star as Pepe (PEPE) and Dogecoin (DOGE) Falter
As the luminosity of renowned cryptocurrencies such as Pepe (PEPE) and Dogecoin (DOGE) seems to dim slightly, the star of Pomerdoge (POMD) is ascending. Currently in its presale phase, Pomerdoge is al...
Polkadot posts mixed financials with dawdling DOT prices
Journalist Posted: September 21, 2023 Polkadot’s financial data showed surging fees and holder growth but declining user activity. DOT’s price faced a bearish trend despite increased social activity, ...
Brian Armstrong’s ‘Make Coinbase Great Again’ campaign falling flat
Coinbase (NASDAQ: COIN) is trying to rally support for reducing regulatory oversight of its operations, even as U.S. regulators warn that additional oversight is on the way. On Tuesday, the digital as...
AI’s Transformative Impact on Protein Function and Disease Prevention
Artificial Intelligence (AI) analyst David Mattin envisions a revolutionary shift in our understanding of protein function driven by AI advancements. He points to a recent breakthrough by Google DeepM...
Elon Musk Teases Next Major Milestone in His AI Pursuit
In a recent tweet, Elon Musk, a Co-founder of Neuralink, announced a groundbreaking development that is on the horizon featuring the first human patient to receive a Neuralink device. The Neuralink P...
Immutable X Suddenly Increases More Than 35% As Whales Show Signs Of Accumulation
Key Points: Immutable X’s IMX token surges 35% as whales accumulate, aided by Arrington Capital. The project combines layer-2 Ethereum scaling and NFT trading, offering IMX as a versatile utility toke...
Klaviyo Makes Splash on Wall Street in NYSE IPO Debut
Klaviyo priced its IPO at $30 per share, offering 19.2 million shares to the public. This pricing valued the company at $9 billion on a fully diluted basis. Klaviyo, the renowned marketing automation ...
Understanding How FTX Founder Sam Bankman-Fried’s Trial May Play Out
Though the trial is scheduled to begin next month, there’s still some time before the actual arguments are made. The first step, which may occur as soon as next week, is a final pretrial confere...
Binance CEO disputes media report of $250 million loan
On Sept. 19, Decrypt, a media outlet, shared a report about Binance’s CEO Changpeng Zhao, mysterious money movements. According to the Decrypt report, unsealed documents revealed that Zhao extended a ...
John Lennon’s Son Extends Support for Ripple and Its CTO David Schwartz
Yuri Molchan Crypto-loving son of legendary musician and song writer posts friendly tweet about Ripple CTO Sean Ono Lennon, the younger son of legendary Beatles cofounder John Lennon, has taken to X a...
Cryptocurrency Whale Sells All Its Altcoins After Continuous Losses
An important Chainlink (LINK) whale seems to have sold all of his altcoins after losing a large amount of money. Whale with short address 0xb0a sold $143,206 LINK for $964,769 at an average price of $...
PYUSD available to all Venmo users ‘in the coming weeks’
PayPal’s stablecoin, PYUSD, is now available on Venmo. The company announced the rollout in a blog post on Wednesday, Sept. 20. However, not all users will be able to purchase or send PYUSD to their f...
Final Repayment Deadline To Mt. Gox Creditors Changed To October 2024
The Mt Gox Rehabilitation Trustee has moved the final repayment date to October 2024, but some creditors may get their funds at the end of the year. The cryptocurrency market anticipated a significant...
Coinbase Flags 51% Risk On Zcash Amidst ViaBTC Control
Table of Content Coinbase’s security team has warned that it has observed a single mining pool, ViaBTC, control nearly 54% of the Zcash Network hash rate, a disclosure that has sent alarm bells ringin...
LimeWire Acquires BlueWillow Art App Amid Pivot to ‘All-In-One‘ AI Platform
Best known as a peer-to-peer music-sharing platform, LimeWire announced on Wednesday the acquisition of BlueWillowAI, a popular AI image generation platform. The deal follows LimeWire’s launch o...
dYdX v4 Enables 1-Click Onboarding With Squid and Axelar
[PRESS RELEASE – New York, USA, September 20th, 2023] As dYdX is adopting a standalone app-chain model, a pioneering interoperability solution enables 1-click onboarding from any blockchain environmen...
US Congress Bans Federal Reserve from Creating CBDC
Today, the United States Financial Services Committee passed the first anti-CBDC (Central Bank Digital Currency) bill. The initiative echoes sentiments shared by many in Congress. This legislation, ch...
Why APT is maintaining a low profile despite Aptos’ latest partnerships
Journalist Posted: September 21, 2023 Aptos aligns itself with the climate agenda and secures a new partnership with Coinbase. APT struggles to sustain bullish momentum despite recent attempts. Climat...
Memeinator has one goal: to dominate meme coins
SPONSORED POST* Get ready for a seismic shift in the cryptocurrency landscape! Introducing Memeinator, the meme coin with a goal: $1 billion market cap to rival industry giants like PEPE. The meme co...
Chat GPT Decodes Pomerdoge (POMD)’s Potential to Dethrone Dogecoin (DOGE) and Pepe (PEPE)
In the dog-eat-dog world of cryptocurrency, Pomerdoge (POMD) emerges as a promising contender set to challenge the reign of Dogecoin (DOGE) and Pepe (PEPE). It’s currently in its presale phase, gather...
Polygon zkEVM Successfully Completes First Major Upgrade, Introduces Dragonfruit
Polygon (MATIC) zkEVM, a zero-knowledge scaling solution designed to be compatible with the Ethereum Virtual Machine (EVM), has achieved a significant milestone by completing its first upgrade. The u...