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Category: Tech
Live Tech News Updates.
This SNB Governing Board Member Says The Risks of a CBDC Outweighs Its Benefits
An active member of the governing board for the Swiss National Bank (SNB) Andréa Maechler, has recently disclosed the thoughts of most of her colleagues at the central bank, especially regarding the i...
OpenSea acquires Dharma Labs and a new CTO
OpenSea announced Tuesday the acquisition of Dharma Labs, a cryptocurrency lending platform and digital wallet, for an undisclosed amount. According to the statement, Dharma Labs would effectively shu...
Dogecoin-Friendly AMC Rewards 580K Shareholders With Free NFTs
In brief AMC has given out free NFTs to more than 580,000 shareholders. The movie theater chain began accepting cryptocurrency payments last year. Movie theater chain AMC has increasingly leaned into ...
Dacxi Announces Dacxi Chain, a Global Tokenized Crowdfunding Solution
London, UK – Dacxi has announced the Dacxi Chain – the world’s first tokenized crowdfunding system that demonstrates the revolutionary commercial potential of blockchain. Tokenization of digital asset...
Coinbase and the incident with GYEN and POWR
Coinbase has experienced an incident involving users who traded with GYEN and POWR, and were credited with either 100 times their purchase, or just a penny of the amount purchased. The controversy Th...
Polygon (MATIC) Is All Set To Double Its Price! Why Is 100% Upswing Is Inevitable? – Coinpedia – Fintech & Cryptocurreny News Media
Matic price has remained almost invulnerable to market FUDs since November. Rather, it has gained over 80% in price valuation outperforming BTC and ETH in the last two months. When it can skyrocket am...
Malaysia to Explore the Potential Launch of a CBDC (Report)
Bank Negara Malaysia (the central banking institution of the nation) has reportedly joined the global race to develop a digital version of its national currency. As of the moment, the project is still...
Binance launches new ‘auto-burn’ protocol for BNB to replace existing mechanism
The biggest crypto exchange by far is Binance. Despite some regulatory hiccups in the past, the crypto exchange platform was trending in the news following its developments. Here was the most signific...
Luxury Car brand Lamborghini joins the NFT Bandwagon
Luxury car brand, Automobili Lamborghini, has become the latest firm to join the Non-fungible token (NFT) bandwagon. Lamborghini announced an NFT collection that comprises five exclusive digital artwo...
IRS Craves For A Crackdown
Last year, when the NFT Everydays: The First 5,000 Days by Beeple sold at Christie’s for $69.3 million, it catapulted the non-fungible token’s market into the mainstream. A large number of people have...
Market Wrap: Cryptocurrencies Decline With Equities, Traders Remain Cautious
Most cryptocurrencies traded lower on Tuesday as rising bond yields continued to weigh on U.S. equities. As investors reduce their appetite for risk, the most speculative areas of global markets have ...
Why Oracle Will Survive And Thrive In Tech Shake-Out
SAN FRANCISCO – Oracle (Photo by Justin Sullivan/Getty Images) Getty Images Investors are buying up legacy companies as quickly as they are dumping innovative digital businesses. Everything is u...
Is Intel Building an Eco-Friendly ASIC?
Key Takeaways Intel is scheduled to present its “Bonanza Mine” processor at February’s ISSCC conference. Details on the new Bitcoin mining hardware include that it is “ultra-low-voltage” and “energy-e...
Smart Token Labs and Perion launch Season Rewards NFT for top-ranked players
Sydney, Australia, 18th January, 2022, Chainwire Smart Token Labs launches Season Rewards NFT with Perion, the elite gaming guild. SRNFT is a programmable rewards token developed collaboratively by b...
Avalanche (AVAX) Drops After All-Time High, Consolidates Above $80
Avalanche (AVAX) is at risk of falling below a crucial support level that has been in place since Nov 2021. This would indicate that the trend is bearish. AVAX has been decreasing alongside a descendi...
Yamgo Platform Comes Out Of Beta And Launches In The United States
The Yamgo platform, a crypto-asset rewards platform built on the Hedera network, now allows people in the United States and Canada to earn HBAR rewards Swansea, UK: Yamgo is an online platform that re...
Coinbase Partners With Mastercard For Its Upcoming NFT Platform
Leading crypto exchange Coinbase announced today that it is partnering with Mastercard, a multinational financial services firm, to serve users for its upcoming NFT platform. According to Coinbase, th...
XRP, Stellar, AAVE Price Analysis: 18 January
Correlating with the Bitcoin sentiment, XRP skewed towards the sellers after marking oversold readings on its RSI and losing the 61.8% Fibonacci support. Further, Stellar fell below its 20-50-200 SMA....
Defi Watch for Users to Freely Access over 10k Liquidity Pools across 13 Blockchains
Back in late 2020, during a fire chat with CoinDesk, Heath Tarbert, the then chairman of the Commodity Futures Trading Commission (CFTC), said he was impressed with Ethereum. He zoomed in on one of E...
Descending Dogecoin Pattern Predicts Deadly Drop
Dogecoin has had a dramatic year. Starting only one year ago, DOGEUSD passed the one cent mark and embarked on a meme-fueled moon mission toward $1. It never quite got there, and has been in a downtre...
‘The risks outweigh the benefits’ of a Swiss CBDC, says SNB governing board member
Andréa Maechler, a member of the governing board for the Swiss National Bank, or SNB, has reportedly altered her position on the central bank issuing a digital franc. According to a Tuesday report fr...
Digital Asset Funds Hit by 5th Week of Outflows
Investors pulled money out of cryptocurrency funds for a fifth straight week, reflecting the bearish market mood as bitcoin suffers one of its worst-ever starts to a year. Digital-asset investment pro...
Onomy Protocol’s hybrid DEX and Forex marketplace comes to NEAR via Aurora
Onomy Protocol is proceeding with its plan of converging Forex and DeFi markets, announcing a collaboration with NEAR and Aurora. Through the use of stablecoins, Onomy plans to empower institutions to...
BIS Chief Urges Trust in Central Banks
Key Takeaways The general manager of the Bank for International Settlements, Agustín Carstens, has said that the soul of money is trust. According to him, this trust can never be outsourced and automa...
NFT Gaming Investor Animoca Brands Valued Above $5B After $359M Raise
In brief Animoca Brands, an investor in metaverse startups, has raised nearly $359 million. The firm is now valued above $5 billion, up from $2.2 billion in October. Animoca Brands, a leading investor...
Group of US Banks Launch Initiative To Promote Adoption of New ‘USDF’ Stablecoin
US banks are jumping headfirst into the world of stablecoins as a group of US-backed financial institutions makes plans to mint a new stablecoin. According to a press release, the “USDF Consortium” wi...