Hong Kong’s central banking institution, the Hong Kong Monetary Authority (HKMA), released a questionnaire to gauge public opinion on regulations for crypto-assets and stablecoins. The state-bac...
Category: Tech
Live Tech News Updates.
NFTs Are Finance as an Aesthetic Medium
NFTs are a perfect alignment between art and finance. They are two halves of a strange love-finance-aesthetics union hanging together with a precision that has never been achieved in any previous chap...
The Urgent Need for Regulatory Clarity on Stablecoins
Asset-backed stablecoins are digital currencies that are issued against traditional fiat currencies held on a 1:1 peg. In theory, one U.S.-dollar-backed stablecoin should be equal to one U.S. dollar. ...
The key drivers behind Fantom’s recent price rally
At the time of writing, crypto is entering a bear market as Bitcoin, Ether and most Layer-1 altcoins have dipped 20-30% from its all-time-highs. Defying these trends is the ghost-themed Fantom blockch...
ERC-4626: DeFi's Newest Money Lego
ERC-4626 is a newly proposed Ethereum token standard that might resolve a sore issue in decentralized finance (DeFi): the mishmash of design types for tokens that print money. Proposed Jan. 4, ERC-462...
Ripple Scores Win in Lawsuit as Judge Rules SEC Must Surrender Hinman Email on Ether
Tomiwabold Olajide Ripple scores a victory on judge ruling ordering SEC to release Hinman’s Ether email A judge ruling has asked the Securities and Exchange Commission (SEC) to hand over an emai...
Cathie Wood’s ARK ETF reportedly buys 6.93M shares of SPAC merging with Circle
Cathie Wood’s Ark Invest has reportedly purchased 6.93 million shares of the special purchase acquisition company, or SPAC, that is merging with Circle, for $70.6 million through the company’s A...
Nitro League to Launch NFT Marketplace and Virtual Garage in March 2022
Vladislav Sopov Following its successful token sale, Nitro League play-to-earn platform is getting closer to the release of NFT drops and marketplace Contents Nitro League releases its non-fungible to...
Bukele Draws Backlash for Alleged Surveillance Tactics
Key Takeaways Reports emerged this week that the government of El Salvador may be surveilling journalists using the spyware “Pegasus.” Crypto community members are now criticizing this and...
Gemini Exchange Eyes Wealth Management With Latest Acquisition
The Winklevoss twins-owned Gemini crypto exchange is getting into wealth management services, as evidenced by its latest big acquisition. On Jan. 13, Gemini announced a deal to purchase financial mana...
Dogecoin Set To Break New Grounds As Elon Musk’s Tesla Officially Onboards DOGE Payments ⋆ ZyCrypto
Advertisement     The reveal came first from the company’s website, with its support section disclosing the addition of the cryptocurrency as a payment option. “What c...
Disney, Second Life and K-pop
Following the announcement that Facebook’s parent company would be rebranding in a shift towards the Metaverse, many projects have started similar initiatives entering the virtual space, from buying p...
State Bank of Pakistan recommends a cryptocurrency ban
The State Bank of Pakistan is contemplating a complete ban on crypto assets. The institution notes that cryptocurrencies present certain risks, and is even referred to countries like China that have b...
Spark Looks To Reimagine Token Launches And NFT Drops
Spark is a new, unique and creative solution to problems faced during whitelisting and randomized minting while also addressing issues that crop up during prelaunch NFTs and token allocations. The pla...
MANA stuck in a pronounced downtrend but can buyers show strength to recover
Decentraland has trended downward on the daily chart since its surge to $5.2 in late November, a time period of six weeks. Compared to the amount of time some once-prominent coins have spent in a down...
Cardano Enters The Basho Stage: How It Improves Performance
The software platform Cardano has entered the third stage of its roadmap, the Basho era. It promises to improve the network’s performance and scalability. Cardano’s roadmap is “a summary of Cardano de...
Dogecoin leaps 25% after Musk announces DOGE payments for Tesla merch
Dogecoin (DOGE) prices rose substantially on Jan. 14 as Elon Musk announced that Tesla would start accepting it as payment for merchandise. Tesla merch buyable with Dogecoin — Elon Musk (@elonmusk) J...
When Gas Fees Are High, Privacy Becomes Luxury
Vladislav Sopov Does privacy matter in DeFi? Founders of Polkadot-based Manta Network share their take Contents Privacy for everyone Is an Ethereum address more private than a Twitter handle? At Brook...
The rise of NEAR Protocol as a project led ecosystem
Until now, NEAR Protocol has quietly grown as a scalable, proof-of-stake network. This week, the Layer 1 blockchain, hit a milestone with the NEAR token reaching an all-time high of $18.70. This may b...
Swiss National Bank partners with five banking giants to test CBDCs
The Swiss National Bank has worked with some leading financial institutions globally to look into central bank digital currencies (CBDCs). Through this partnership, the institution successfully integr...
Second Parachain Auction Winner Moonbeam Goes Live on Polkadot
Polkadot’s parachain smart contract platform with Ethereum compatibility, Moonbeam, has recently completed its pre-launch process and is now live on the Polkadot network. Moonbeam Launches on Polkadot...
Can Dogecoin ‘whistle’ its way back to the top 10
The king of meme coins, Dogecoin, was recently kicked off from the top 10 cryptocurrency list after Polkadot overtook it. Apparently, the altcoin doesn’t want to back down and is fighting for the tent...
What’s In Store For MicroStrategy Going Forward? CEO Michael Saylor Reveals
MicroStrategy has been topping its bitcoin holdings in the last year and is now the public company with the largest bitcoin holdings in the world. Presently, the firm holds over 124K BTC on its balanc...
Bitfinex advises Ontario-based users to close accounts before March 1
In a Friday announcement, Bitfinex said it would be immediately closing the accounts for Ontario-based customers who have no balances on the platform. In addition, it planned to restrict access to tho...
China preps infrastructure for state-backed NFTs
Crypto’s enemy number one, China, is preparing to roll out its own state-backed blockchain infrastructure to support the deployment of NFT-like collectibles, South China Morning Post reported. The inf...
The Blossoming Scene of the Photography NFTs
The NFT boom is no longer just a sensational explosion, rather a new reality for digital creators. In the world of photography new collectives are in formation and photographers are interacting with d...
FTX US and Bitstamp USA want to venture into traditional finance
Some of the leading cryptocurrency exchange platforms in the US, FTX and Bitstamp, are looking towards launching stock trading services. This will allow the exchange platforms to expand their scope of...
ACA Token Set to Launch HedgeBoard Aiming for Enhanced Trading Signals
[PRESS RELEASE – Please Read Disclaimer] ACA is excited to announce the launch of its advanced social trading platform HedgeBoard, complementing its existing social mining rewards club protocol. Both ...
Visa Teams Up With Consensys To Build Payment Infrastructure For CBDCs
Visa and ConsenSys, a blockchain software startup, are working to develop a central bank digital currency (CBDC) pilot program to explore retail applications such as cards and wallets. Both firms will...
Bitfinex to End Services for Ontario Customers by March
Key Takeaways Cryptocurrency exchange Bitfinex has announced the imminent suspension of its services to customers in Ontario. The exchange instructed its Ontario-based customers to withdraw their fund...