The Hong Kong government is working to establish a regulatory system for the virtual asset industry, Secretary for Financial Services and the Treasury Christopher Hui Ching-yu wrote in his blog. In a ...
Category: Tech
Live Tech News Updates.
AAVE Gains 30% In the Two Days With V3 Protocol Launch and Strong Whale Accumulation
AAVE, the native cryptocurrency of DeFi protocol Aave, has made a strong 30% gain in the last two days forming a bullish divergence from the recent lows. As of press time, AAVE is trading 10% up at a ...
How Do You Define National Security? An Important Question As China Continues Its CBDC Push
HodlX Guest Post Submit Your Post Recent reports note that Wang Jingwu, vice president and chief risk officer of Industrial and Commercial Bank of China, authored a whitepaper which detailed for th...
DeFi to reach mass adoption via institutional participation, DEX founder says
While decentralized finance (DeFi) token prices may be going down, new forms of utility like liquid staking are on the rise and some believe that more people may be drawn to DeFi as more institutions ...
Don’t Let the Haters Be Right. Builders, Let’s Defend the Promise
Web3: We must be prepared to keep pushing back against such dangerous trends, like creeping centralization, even when doing so is the harder path, says the CEO of Livepeer, Doug Petkanics. It will tak...
Mina Foundation Raises $92m to Boost Zero-Knowledge Proof Technology
Mina Foundation, the blockchain outfit responsible for developing and managing the world’s lightest blockchain, Mina Protocol, has pulled the sum of $92 million in funding from investors led by Three ...
Is cryptocurrency a friend or foe?
In January 2022, the Central Bank of Russia (CBR) proposed a number of measures aimed at curtailing the country’s cryptocurrency market, which included a blanket ban on the use and mining of all crypt...
Amid Sanctions, Russia’s Sberbank Secures License to Issue Digital Assets
A day after Ukraine legalized the use of digital assets in the country, Russia’s largest lender Sberbank secures the license to issue digital assets in the country. On Thursday, March 17, the Russian ...
Ripple to give out 1 billion XRP in developer grants
Ripple (XRP), the enterprise payment technology company, plans to give out one billion XRP in grants for developers. The newly announced grant is an extension of the company’s XRPL Grants program, whi...
Avalanche price can double by summer as AVAX’s 20% weekly rally rekindles ‘bull flag’
A sharp upside retracement in the Avalanche (AVAX) market this week has raised its possibilities to rise by another 100% in Q2. Avalanche chart painting a ‘bull flag’ The bullish outlook p...
ApeCoin announcement surges BAYC floor price to near-ATH before correction
The Bored Ape Yacht Club (BAYC) has officially revealed their ERC-20 utility and governance token ApeCoin (APE), marking a diversification from profile-picture projects (PFPs) into “culture, gam...
Class action suit against Coinbase alleges unregulated securities sales
Three individuals who bought cryptocurrency through Coinbase filed a proposed class action March 11 in the Southern District Court of New York alleging that Coinbase is operating as an unregistered se...
Cardano Among Top Five Fastest Developed Assets per Santiment Data: Details
According to Santiment data, Cardano remains among the top five fastest developed assets in the last 30 days. In terms of development activity, Santiment reports that Uniswap, Solana and Cardano have ...
Top Altcoins with the Best Weekly Gain: BAT, GRT & APE
Despite the price fall experienced by the digital currency ecosystem in the past week, a rejuvenation was recorded for the better part of this week. Trailing the upshot, the global crypto market cap s...
Close to 600 Million SHIB Prepared for Burning Today, 33 Tokens Destroyed Within 24+ Hours
Yuri Molchan Over half a billion Shiba Inu will be destroyed later today, while almost 33 million SHIB have been incinerated in the last 24 hours in an attempt to impact the price The Shiba Inu commun...
Optimism saves users $1B in fees, raises $150M in Series B
Popular Ethereum scaling solution Optimism has announced a $150 million Series B funding round co-led by Andreessen Horowitz (a16z) and Paradigm at a total valuation of $1.65 billion. According to a ...
MEXC Global Activates Margin Trading for Fuse’s Native FUSE Token
Leading, payments focused blockchain player Fuse Network (Fuse) today announced that major cryptocurrency exchange MEXC Global has activated margin trading for Fuse’s native token FUSE. Margin or leve...
Bored Ape Yacht Club (BAYC) Creator Announces ApeCoin ($APE) Token
Yuga Labs, the creator of the massively popular Bored Ape Yacht Club (BAYC) NFT collection, said it had launched a new token, ApeCoin (APE), for use on the BAYC ecosystem. Yuga will also airdrop 15% o...
GameStop looks toward NFT marketplace launch after big Q4 loss
Much loved retail video game store chain GameStop (GME) is looking ahead to its long-awaited NFT marketplace and Web3 gaming unit after suffering a net loss of $147.5 million during Q4 2021 GameStop q...
Dfinity Foundation Founder Submits $250M Proposal to Hasten the End of Attacks on Ukraine
Dominic Williams, the founder of Dfinity Foundation, proposed a way that blockchain and smart contracts can potentially help by getting millions of Russians to watch an entire informational video(s) a...
Bank Of Canada Partners MIT To Take CBDC Research A Step Further ⋆ ZyCrypto
Advertisement     Canada to collaborate with MIT to expand its CBDC research. The research is expected to last for a year. The apex bank still maintains it isn’t relea...
Grayscale Founder Teases Dogecoin Community in Recent Tweet: Details
Barry Silbert, founder and CEO of DCG, the parent company of Grayscale, has taken to Twitter to post a hilarious comparison of the top cryptocurrencies: Bitcoin, Ethereum, Litecoin, XRP and Zcash to d...
GameStop To Launch Its NFT Marketplace In Late Q2
Last year, the community revived GameStop from what seemed like a slow and painful death under the claws of greedy Wall Street hedge funds. Now, GameStop wants to give back and make the most out of th...
122% gains for SHIB in store only if the uptrend extends up to…
Shiba Inu’s price has remained lull for quite some time now. However, the last time this type of price action occurred was in September 2021, which was followed by an exponential move that more than d...
Could Point Network Become the Next Standard for Web 3.0?
There is a clear need to define the upcoming ‘Web 3.0’ era as we move closer to it. More specifically, most of today’s “decentralized” projects tend to only have the blockchain element as the sole dec...
Dogecoin Price Falls As India’s Central Bank Bans Cryptos
This morning, the cryptocurrency market saw a significant headline that caused Dogecoin’s price action to drop. The Indian Central Bank came out with firm rejection against adopting cryptocurrencies i...
Faith Tribe Is Open for Design Submissions
[Paris, France, March 17, 2022] – Following a successful public sale, $FTRB is inaugurating its journey to empower the global community of designers and artists, by giving them the opportunity to joi...