Circle’s CEO, Jeremy Allaire, unveiled that approximately 70% of USDC adoption occurs outside the United States. Despite the perception that USDC primarily caters to the US market, emerging economies...
Category: Tech
Live Tech News Updates.
Whales gather around Chainlink as prices move north
Chainlink whales accumulated $14 million LINK tokens in the last month. LINK prices rallied by 18% in the last 30 days. Chainlink [LINK] whales, which hold between 1,000,000 and 10,000,000 LINK tokens...
Shiba Inu Holders Can Now Pay Bills in US With BitPay Bill Pay
BitPay launches BitPay Bill Pay, enabling users to pay bills with Shiba Inu (SHIB) and other top cryptocurrencies. BitPay, a leading crypto payment gateway, has introduced a new payment solution named...
Binance Granted Full Operating License in El Salvador
Exchange News The exchange claims it is now registered in 18 different countries across the world. Binance has found refuge in El Salvador from the storm of regulations. Binance has recently announce...
Shiba Inu Price SOARS 10%: When will Shibarium Launch?
Shiba Inu has been defying expectations and making its mark on the market. In a great performance, this canine-themed crypto has not only soared in price but has also clinched the title of the top-per...
US prosecutors to issue superseding indictment against Sam Bankman-Fried next week
U.S. prosecutors intend to seek a superseding indictment against FTX founder Sam Bankman-Fried in the week of Aug. 14 that will include the charge of conducting an illegal campaign finance scheme, acc...
MuesliSwap will Refund Users Affected by High Slippage!
The post MuesliSwap will Refund Users Affected by High Slippage! appeared first on Coinpedia Fintech News MuesliSwap, a decentralized exchange based on the Cardano blockchain, has announced that it wi...
Feds Still Plan to Charge Sam Bankman-Fried With Campaign Finance Violations
Disgraced crypto mogul Sam Bankman-Fried will still face seven criminal charges, prosecutors said on Tuesday in a letter to the judge overseeing the case—and a campaign finance charge is not going awa...
Litecoin’s short term prospects look dull, here’s why
Litecoin long-term holders were still optimistic despite the bearish short-term outcome. Whales contributed to the recent sell pressure but retail traders are taking advantage. A week after Litecoin [...
Stellar Lumens Price Struggles , But XRP20 Has Passed $1 Million
Major cryptocurrencies are seeing a strong recovery as the global crypto market cap surged by 1% over the past day, and the Bitcoin price recovered to the $29,500 level. Despite the bullish market out...
China’s CPI Plunges to -0.3%, Triggering Deflation Concerns
Key Points: Deflationary trend driven by 26.0% plunge in pork prices. July’s CPI monthly rate edges up by +0.2%, indicating complexity. Policymakers face challenge in balancing growth amid price fluct...
Trader Who Placed $10 Million Bet Against LUNA Loading Up Reddit’s Moons
In a new development, a trader who placed a substantial $10 million bet against LUNA in May 2022 before the then native currency and UST—the algorithmic stablecoin, collapsed is now setting his sight ...
Former FTX legal consultants face another lawsuit
Crypto clients filed a new lawsuit against a legal company, Fenwick & West LLP, a former consultant of the now-defunct FTX exchange. The California-based law firm, which had served as FTX’s princi...
Obligatory license for stablecoins? What do the latest FSB guidelines mean
Normally, the numerous reports published by the Financial Stability Board (FSB) don’t contain particularly bold suggestions. An international monitoring body comprised of financial authority represen...
Marathon mines record 2,926 bitcoins as revenue ticks up
Marathon Digital has installed the requisite hardware to reach its lofty hash rate target, as the bitcoin mining firm’s second quarter earnings showed signs of stabilization. The publicly traded US c...
Shibarium Beta Activity Halts, What’s Happening?
Yuri Molchan Operations of Puppynet have suddenly come to halt, with hardly any activity taking place A glance at the Puppyscan explorer shows that no activity has been taking place over the weekend o...
Ripple CTO Responds to Exclusion of XRP in List of Alleged Security Tokens
Ripple CTO Schwartz has reacted to a list officially released by CoinGecko, which mentions tokens alleged to be securities by the SEC, with the absence of XRP. David Schwartz, CTO at Ripple, recently ...
Is Pepe bound for further losses?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure and momentum were firmly bea...
PayPal’s PYUSD Stablecoin Now Listed on Huobi Exchange
PYUSD stablecoin is also being listed on the BitMart exchange. The first trading pair on the Huobi exchange will be PYUSD/USDT. Within the first day of its release, the Paxos-issued PayPal USD (PYUSD)...
Solana’s Cypher Protocol Loses $1 Million Following Security Breach
Cypher Protocol, a decentralized finance (DeFi) protocol built on the Solana Blockchain, fell victim to a substantial security breach resulting in an estimated loss of $1 million. Cypher Protocol is ...
Elon Musk’s ‘Silly’ Dogecoin Tweets Are Dragging Out Insider Trading Lawsuit, Lawyers Say
Tesla CEO Elon Musk’s attorneys argued on Monday that the billionaire’s legal battle with a group of disgruntled Dogecoin investors has dragged on for too long. Musk’s counsel asked for the plaintiff’...
Shiba Inu (SHIB) Price Rises 25%: Can the Momentum Continue?
The Shiba Inu (SHIB) price has been on a tear since June 10, reclaiming a horizontal and diagonal long-term support level in the process. The readings from both the weekly and daily timeframes support...
ApeCoin (APE) Under Whales’ Spotlight, Here’s Glimpse into Moves
Lookonchain, an on-chain analytics provider, provides a glimpse into whale activity for ApeCoin (APE). In particular, whales have been active in the past day, shifting significant amounts of tokens. A...
Ukraine shifts stance, enforces stricter demands on digital asset sector
Ukraine’s government appears to be changing its liberal stance toward the digital currency industry in favor of a conservative one after it demanded industry players provide financial information deta...
Whale sells PEPE at a loss: Where does the memecoin go from here?
A whale recently sold over 2 trillion PEPE at a loss of around $700,000. More tokens are, however, leaving exchanges compared to the volume coming in. Pepe [PEPE] appears to be running out of steam, a...
Extra Finance Review: A Community-Driven Lending & Leveraged Yield Farming Protocol Built On Optimism?
Extra Finance is a leveraged yield farming (LYF) protocol built on Optimism. By offering up to 7x leverage, Extra Finance enables users to farm a diverse range of farming pools with customized farming...
PEPE Volume Jumps 47% Amid Price Decline, Is It Time To Buy?
PEPE has now cemented itself as one of the leading meme coins in the crypto market. And just like other meme coins, PEPE has not had the best couple of weeks. The token’s price has been consistently d...
Eli Lilly Raises Full Year Outlook amid Q2 2023 Profit Surge of 85%
Eli Lilly’s success can be ascribed in part to its promising medical pipeline and strategic acquisitions. American pharmaceutical company Eli Lilly and Co (NYSE: LLY) has reported an impressive surge ...
USDT Dump on Curve and Uniswap Questionable: Kaiko Research
Curve’s 3pool and Uniswap V3 USDT pool experience massive selloffs as traders dump the stablecoin. A Kaiko report indicates that the recent selloffs have no clear catalyst, raising questions. The repo...
Hacked protocol Steadefi offers $33k bounty to hacker
Steadefi, a decentralized finance (DeFi) protocol, has offered the hackers a $33,400 bounty if they return 90% of the stolen funds by August 10. A vulnerability exploited on Aug. 7 led to the siphonin...
Japanese startup to use stablecoins and CBDC to link Asian countries
Japanese blockchain startup Soramitsu is exploring new central bank digital currency (CBDC) applications with a new project on the cross-border payment system for Asian countries. Soramitsu will deplo...
PayPal’s new stablecoin stirs centralization criticism
Payments giant PayPal revealed that it will introduce a stablecoin tied to the US dollar on Monday. The stablecoin, dubbed PYUSD, can be transferred between PayPal and any compatible external wallets....