Per a Bloomberg report, Digital Currency Group and its CEO Barry Silbert are moving to try to dismiss the lawsuit filed by their former partner, crypto exchange Gemini. The two entities have been in a...
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Live Tech News Updates.
PEPE’s social metrics rise while price goes red
On-chain and social data show a significant rise in Pepe’s (PEPE) social dominance, surpassing Bitcoin (BTC) and Ethereum (ETH). Data by market intelligence platform Santiment shows that whale transac...
Terra Classic (LUNC) Chances Of Revival Grow Slimmer, Here’s Why
Terra Classic (LUNC) has suffered persistent declines since the network’s collapse back in 2022. These declines have ranged from its price through to the network’s Total Value Locked (TVL). And even w...
Zero-knowledge proof systems have room for improvement, say cryptography researchers
More developers may soon be able to play a role in advancing zero-knowledge technology. Andreessen Horowitz’s crypto research team has published a paper that outlines two new zero-knowledge (zk) proo...
Ripple Joins BIS’s Task Group to Boost Cross-Border Payments
According to BIS, the PIE task force will also improve cross-border payments. Ripple will collaborate with other members, including Mastercard and SWIFT. Ripple is now a member of the cross-border pay...
SHIB Leader Teases 3 New ‘Partnershibs’ Ahead of Shibarium Launch: Details
Yuri Molchan Lead developer of Shiba Inu and Shibarium stated that there are three new ‘partnershibs’ on table Contents “SHIB’s decentralization house” to expand Shytoshi...
Circle says competition from PayPal and others is ‘great to have’, reports $1B in cash
Circle’s top executive spoke favorably of competition from PayPal’s stablecoin while emphasizing his own company’s strong standing on Aug. 10. Jeremy Allaire, the CEO of Circle, said that other firms ...
InQubeta Model To Unlock Opportunities For Smart AI Investors
In the happening world of crypto, patterns and metrics come and go, but what remains constant is the need for innovation and foresight. As Bitcoin funding rates surged past the peak in February 2023, ...
Inqubeta Raises Over $2M in Presale as It enters Stage Three
The presale period of a token says a lot. One straightforward story it tells is how much it is accepted as a solution to the problem its project aims to tackle. The presale period for InQubeta (QUBE) ...
Will Shiba Inu’s Price Pump After Shibarium? Wall Street Memes Also Bullish
The highly-anticipated layer-2 scaling solution, Shibarium, is set to launch soon, leading many to anticipate that it could catalyze a Shiba Inu ($SHIB) price rally. By enhancing transaction speeds an...
Why MATIC could extend its narrow price range
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. MATIC consolidated losses above $0.655. Buying vo...
Circle’s $1 Billion Cash Arsenal Positioned To Counter Competition Amidst Stablecoin Turbulence
Key Points: Circle Internet Financial utilizes a $1 billion cash buffer to counter rivals. CEO Jeremy Allaire envisions stablecoin’s mainstream adoption despite setbacks. Circle’s fortified cash posit...
The Price Divergence That Predicts A Phony
This week, Bitcoin traders braced for a breakout as an important technical buy signal triggered and BTCUSD shot up over $30,000 temporarily. They came up short-handed, however, as the market took an i...
TWT‘s Bullish Momentum Builds as Buyers Defend Support
TWT faces a support test at $0.9061 amid bearish pressure. Trading activity decreases after TWT’s recent price drop. Keltner bands hint at consolidation and a possible bullish breakout. After failing ...
Could Aptos Mimic Solana’s Skyrocketing Journey to $37? Signs Point to It
Back when Aptos announced its collaboration with Microsoft, in which they decided to codevelop AI tools tailored to blockchain integrations, we saw a surge of enthusiasm and an undeniable fear of miss...
Cardano Founder Touts ADA’s Growth, Cites Adoption and Community as Key Drivers
Cardano reenters the spotlight as transaction volume surges amid sustained upgrades, eliciting reactions from Charles Hoskinson and community members. The Cardano blockchain experienced stunning grow...
FTX Clients Sue Law Firm for Aiding SBF’s Alleged Fraud (Report)
A group of customers of the once-prominent cryptocurrency exchange FTX has reportedly filed a lawsuit against the law firm Fenwick & West, insisting that it contributed to the alleged scam orchest...
DCG labels Gemini lawsuit as ‘character assassination’ in motion to dismiss
Digital Currency Group (DCG) filed motions to dismiss the lawsuit brought against it by crypto exchange Gemini, according to an Aug. 10 court filing. DCG described the Gemini lawsuit as a continuation...
Maker Founder Proposes ‘Pre-Farming Airdrop’ for Spark Lending Platform
Rune Christensen, the founder of Ethereum stablecoin issuance platform Maker, has released an on-chain proposal for a “pre-farming airdrop” of SPK, the governance token of lending dapp Spa...
India Proposes AI-Powered Instant Payments
The governor of India’s central bank has proposed the introduction of artificial intelligence-powered (AI) instant “conversational payments.” Shaktikanta Das, head of the Reserve Bank of India (RBI), ...
Congresswoman Maxine Waters Criticizes PayPal’s Stablecoin Launch Amid Regulatory Concerns
Democratic Congresswoman Maxine Waters (D-CA) has criticised PayPal’s recent launch of its dollar-backed stablecoin, PYUSD. In her statement, Waters expressed concerns that PayPal proceeded with the s...
Ripple Drama Continues as SEC Strikes Back with Appeal Request
Alex Dovbnya The protracted legal battle between the SEC and Ripple, the San Francisco blockchain heavyweight, has unveiled a fresh chapter The fascinating legal tussle between the Securities and Exch...
Alibaba Records Impressive Fiscal Q1 2024 Revenue Growth of 14%
The company’s expansion into new business verticals has played a significant role in bolstering its fiscal Q1 2024 results. Chinese e-commerce giant, Alibaba Group Holding Ltd (HKG: 9988) has announce...
DCG Strikes Back As It Moves To Dismiss Gemini’s Fraud Allegations Tied To Genesis Subsidiary
The unfolding drama between Digital Currency Group (DCG) and the renowned cryptocurrency exchange, Gemini, took a significant turn this week. Recently, DCG, a dominant force in the crypto market, has ...
FTX Administrators Highlight Concerns Over Panel Members’ Influence
FTX’s debtors criticized UCC for seeking asset control amid bankruptcy. Chief Restructuring Officer John J. Ray III’s draft plan sparks controversy over returns from FTX’s assets. FTX lawyers contest ...
XRP Listed on Gemini Following Ripple’s Partial Court Victory
Gemini confirmed it now accepts XRP deposits after days of speculation driven by a cryptic post on its verified X account. The post, a thinking face emoji, was made in response to a question by crypto...
Solana’s Yakovenko advises aspiring founders: If you seek stress, it’s awesome
Anatoly Yakovenko says, “It’s really, really hard to build a company.” He should know. Yakovenko has experienced crypto’s volatile ups and downs more than most, co-founding layer-1 network Solana and ...
As Base goes live, here’s why the hype around it could be justified
Tokens worth millions have been bridged over to the youngest L2 project. Base demonstrated clear advantages in transaction throughput and affordability. Coinbase, the largest crypto exchange in the Un...
Ripple CBDC Advisor Reacts as Palau Stablecoin Adds Wallet-to-Wallet Transfer Feature
Ripple CBDC Advisor reacts to the inclusion of peer-to-peer feature that allows citizens to transfer funds from wallet to wallet without transaction fees on the Palau stablecoin project. In an excitin...
Former Salesforce Web3 Executive, Mathew Sweezey, Joins Smart Token Labs As Chief Strategy Officer
Fortune 500 Veteran Tapped To Lead Development of Smart Token Labs’ Open Loyalty Solution SYDNEY–(BUSINESS WIRE)–Smart Token Labs, a Web3 open source software development company, today announced the ...
Coinbase newly launched BASE network transaction volume higher than Cardano, others
Decentralized exchanges (DEX) on Coinbase newly launched layer2 network Base had more trading volume than those on established layer1 networks like Cardano (ADA) and others less than 24 hours after it...
Solana Leads Gains Among Top Coins, Is $30 Milestone Possible?
The price of Solana (SOL) has fluctuated a lot in the past week, like many other cryptocurrencies in the market. SOL is currently trading above $24, gaining 8.01% in its price in the past 7 days with ...