As the world accelerates towards a decentralized future, Fireblocks, a digital assets custody platform, announced the launch of their new Web3 Engine to help foster the development of the Web3 ecosyst...
Category: Tech
Live Tech News Updates.
Encode Club Raises $5M for Web3 Developer Training
Plenty of coding bootcamps exist for the Web2 set: Hack Reactor, Fullstack, and General Assembly, to name a few. In Web3—a catchall term for a blockchain-based internet—there’s Encode Club, which just...
Celsius Mining Plans to Go Public in Latest IPO Draft Registration With SEC
Celsius Mining LLC has filed a draft registration statement on Form S-1 with the Securities and Exchange Commission to go public. Celsius Mining, a subsidiary of London-headquartered Celsius Network, ...
Uber Launches Robot Food Delivery in Two California Cities
According to the report, the sidewalk robot is powered by “Serve Robotics, a spin-off of delivery company Postmates,” which was acquired by Uber in 2020. Uber Technologies Inc (NYSE: UBER) has stated ...
Smart Contracts Security Firm Certora Pulls $36m in Series B Funding
Certora, a security tech startup that helps Decentralized Finance (DeFi) based smart contracts identify bugs in their codes before they are deployed has raised the sum of $36 million from investors. A...
Do Kwon summoned to parliamentary hearing following UST and LUNA crash
The dramatic fall of Terra (LUNA) along with the algorithmic stablecoin UST has been a major talking point among the crypto industry. And now the South Korean Conservative Party has requested a parlia...
In-House Legal Team at TerraForm Labs Resigns Following TerraUSD (UST) and LUNA Collapse
– Advertisement – More unfortunate developments continue to unfold in the aftermath of the UST and LUNA crash Following the collapse of TerraUSD (UST) and LUNA, the legal counsel team of T...
Whale Alert: 376 Billion SHIB, Enters Top Ten Again!
Anonymous whale buys 376 Billion SHIB. Total value amounts to $4.61 Million. SHIB is among the top ten cryptos again. Ever since the Shiba Inu (SHIB) came into play, it indeed attracted a lot of atten...
South Korean lawmaker suggests summoning Do Kwon to the national assembly
Yun Chang-hyeon, a lawmaker in South Korea’s ruling party, People’s Power, has suggested summoning Terraform Labs’ founder Do Kwon to a parliamentary hearing. A report unveiled this news today, noting...
Cardano Price Prediction for Today, May 17: ADA May Gear up for Recovery Above $0.60
The Cardano price prediction reveals that ADA may begin to form higher as the bears may soon lose grip over the coin. Cardano Prediction Statistics Data: Cardano price now – $0.56 Cardano market cap –...
IoTeX’s network is today more robust and resilient following the Ankr RPC launch
Last year, hackers launched nearly 10 million DDoS attacks that caused many companies to lose their reputation and money. Users experienced network downtime, making them lose confidence in projects an...
Monero [XMR], Solana [SOL], and their redemption journey post 16 May
Unlike Crypto OGs, newbies and paper hands in the crypto space are not familiar with the popular saying “with hardship comes ease”. With FUD at an all-time high last week following crypto markets cor...
J.P. Morgan Says Buy Tencent and Alibaba. Why They’re Now Positive on Chinese Tech Stocks.
Text size Regulatory change had come sooner than the analysts had anticipated. Greg Baker/AFP via Getty Images Tencent Holdings and Alibaba Group saw their stock jump Tuesday after catching an upgrade...
Decreasing Volume Hints EGLD to Reverse from $75
The new descending trendline carrying the ongoing downfall plunged the (Elrond)EGLD price to a low of $076.1. Following, the altcoin shows a minor pullback, but the decreasing volume activity suggests...
VCs Are Going All-In on Web3, How Will They Change the Industry?
Web3 is the newest layer of the internet that includes blockchain, cryptocurrencies, the metaverse, NFTs, and decentralized applications (dApps). It has recently seen a massive influx of cash from ven...
Eurozone Could Be Using Central Bank-Issued Digital Euro by 2026
The ECB would be stepping up its engagement with stakeholders for the progress of the project. Young people are expected to play a key role in the adoption of the digital euro. ECB’s Fabio Panetta has...
Polygon Warrior to Debut on BitKeep Wallet
What on earth is NFT? Is it a new kind of totem, or is it just an algorithmically generated .jpg? With ERC721 smart contracts deployed one after another, there seems to have built a new consensus. Sea...
Terra Founder Do Kwon To Be Summoned By The South Korean Government
The South Korean Government planning to summon Terra founder Do Kwon for a parliamentary hearing over the Terra crash. A representative of South Korea’s ruling People Power Party, Yoon Chang-Hyeon, ha...
Cryptocurrency Investors Can Expect Stricter Rules From Regulators After Terra’s Debacle ⋆ ZyCrypto
Advertisement     Financial watchdogs are on high alert following the meltdown from Terra’s blockchain. Regulators have pledged stricter rules for stablecoins in the c...
Investors Remove $7 Billion from Tether Within 48 Hours, Fearing USDT May Lose Its Peg
Yuri Molchan $7 billion has been removed from USDT as investors fear that Tether may go the way of UST Contents $7 billion removed from USDT Tether is fully backed: Paolo Ardoino As reported by CNBC, ...
Input Output Global (IOG) Publishes Detailed Roadmap for Cardano Vasil Hard Fork
– Advertisement – The team is confident of a mainnet launch by June 29, 2022. The Cardano community has been eagerly anticipating the Vasil Hard Fork launch as the upgrade is expected to ...
Top German regulator executive wants DeFi regulated
Birgit Rodolphe, a senior executive at German financial services regulator BaFIN, has called for the regulation of decentralized finance. She cited the risks of fraud and hacks as enough reason to reg...
DEI Loses Peg After Terra’s Implosion, But Hong Kong Offers Way Out
The difficult patch for cryptocurrencies continues as Fantom’s DEI becomes the latest stablecoin to lose its peg to the U.S. dollar. At the start of the week, Deus Finance’s stablecoin, DEI, according...
Depegging debacle: Is DEI, hybrid algorithmic stablecoin, following UST’s footsteps
Following the decimation of Terra’s UST and a temporal depegging of Tether’s USDT, Deus Finance (DEI) is the latest to suffer the same fate. The meltdown of the stablecoins Currently valued at over $...
Polygon (MATIC) Releases Nightfall Mainnet Beta; Here’s Why It’s A Big Deal
Polygon (MATIC) released a mainnet beta version of Nightfall. Taking a hybrid approach to scale, Polygon Nightfall aims to provide security, confidentiality, and efficiency for enterprise blockchains....
Auto Retailing Company ‘MotoRenn’ Now Accepts Shiba Inu Payments For Luxurious Cars
– Advertisement – You Can Now Buy Superfluity Cars At MotoRenn With Shiba Inu Via BitPay. Once again, cryptocurrencies are winning, and Shiba Inu (SHIB) is one of the most impacted. Of l...
US CRS Reports Improper Regulations on Stablecoins, Amidst UST Crash
The US CRS puts out a report on the UST crash. Shows regulatory unfulfillment with stablecoins. New fork to be out by Terra LUNA. The downfall of Terra’s UST and LUNA ought to be the hottest topic fo...
Shiba Inu (SHIB) Generates Bullish Divergences Inside Neutral Pattern
Shiba Inu (SHIB) has been trading inside a symmetrical triangle since May 13. Short-term readings indicate that a breakout is expected. SHIB has been falling since reaching an all-time high price of $...
Coinbase bankruptcy disclosure spooks users of losing their funds
The cryptocurrency market has not performed well during the past few weeks. The crash in the market was triggered by the collapse of Terra (LUNA) and UST. Moreover, the recent policies by the Federal ...
Tiger Global, Sequoia Capital India, and Alameda Ventures lead a $15 million Series A round for Coinshift
Advertisement     Coinshift, leading treasury management, and infrastructure platform is pleased to announce its successful series A funding round and its roadmap for ...