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...
Category: Tech
Live Tech News Updates.
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....
Pro-XRP Lawyer Exposes Alarming Ripple Scam Threat on X
Gamza Khanzadaev XRP holders’ representative John Deaton alerts community about Ripple imposters on X Renowned digital asset enthusiast and legal representative for XRP holders John Deaton has r...
Shibarium Mainnet Launch Imminent: Validators Go Live on Mainnet
Altcoin News There has been no activity on the Shibarium testnet “PuppyNet” for over three days. There has been a 2,210% increase in the big holders inflow measure during the last week. The mainnet la...
Inflationary trends in the spotlight: U.S. awaits crucial CPI data this week
Quick Take Thursday’s upcoming US CPI data is expected to confirm inflationary pressures persisting well beyond the 2% target, indicating an economy where prices are rising faster than anticipated. An...
AI Is Even Making the Pope Nervous
In an official statement from the Vatican on Tuesday, Pope Francis sounded the alarm on the disruptive possibilities of artificial intelligence. The message came in a prelude to an upcoming homily, “A...
New AI Can Listen to Keystrokes and Learn Your Password
A new study suggests that certain AI is able to distinguish what your password is simply by listening to the sound of your keyboard. An unsettling fact for those with crypto wallets. Scientists have u...
Nomura subsidiary secures VASP license from Dubai’s digital asset regulator
Laser Digital, the digital currency subsidiary of Japan-based Nomura (NASDAQ: NRSCF) , has confirmed the receipt of an operating license from Dubai’s regulator after several months of horse-trading wi...
Ripple-backed XRP Price Struggles to Rally towards $1 despite Regulatory Clarity
The XRP market is heavily bolstered by the adoption of Ripple payment products including On-Demand Liquidity (ODL) and RipppeNet. On July 13, the United States judicial system through a ruling by Dist...
Moody’s Mulls Downgrades For Top U.S. Banks Citing Funding Risks
Big Three credit rating agency Moody’s has downgraded numerous regional banks in the United States due to weak earnings last quarter and sizable unrealized losses, according to the firm’s Monday note....
DOGE Is Very Likely To Be Integrated Into X By Musk: Analyst
Analyst Crypto Kaleo strongly believes that DOGE will be implemented in X by Elon Musk soon. Both Crypto Kaleo and Michael van de Poppe shared on Twitter that traders should look into accumulating DOG...
Optimism: Bulls can extend rally, but only on this condition
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Optimism maintained its uptrend despite a pullbac...
PayPal’s stablecoin has wallet freezing and wiping functions
An analysis of the smart contract of the just-launched PayPal stablecoin PYUSD revealed the presence of so-called “centralization attack vectors.” Smart contract security auditor Pashov pointed out in...
Huobi To Become First Exchange Listing PayPal’s Stablecoin
Cryptocurrency exchange, Huobi has committed to supporting PayPal’s entry into the digital currency landscape with its stablecoin, PYUSD. On Monday, PayPal and Paxos unveiled the PayPal USD (PYUSD) st...
Introducing Furrend: The Web3 Video-Sharing Social Network Connecting Pet Lovers, Content Creators and Consumers
Platform Aims To Empower Animal Enthusiasts and Pet Content Creators Via Gamified Rewards Model SINGAPORE–(BUSINESS WIRE)–Furrend, the Web3 pet video-sharing social network, today exited stealth with ...
Disney creates an AI task force to explore the tech and cut costs: Report
Disney is reported to have created a task force to study artificial intelligence (AI) and its potential applications throughout the company, according to a Reuters report. According to the report, th...
Onfido, Schneider Electric & SAS Lead Exhibitor Line-Up as WFIS Returns to the Philippines
Manila, 03rd August 2023 – The World Financial Innovation Series (WFIS) is back, drawing attention from banks, fintech organisations, and other key FSI players for its second year. The Fintech Philipp...
XRP Just Received New Recovery Chanсe: Details
The tumultuous journey of XRP through the crypto market has been riddled with highs and lows. However, the latest market data suggests that there is still hope for the cryptocurrency’s potential...
Tether ‘welcomes’ PayPal’s PYUSD stablecoin to the market, says CTO Paolo Ardoino
Paolo Ardoino, CTO of Tether (USDT), said in an Aug. 8 statement shared with CryptoSlate that he welcomed PayPal’s entrance into the stablecoin industry. Ardoino said PayPal’s foray into the field wou...
Coinbase Layer-2 Chain Base Taps Chainlink Ahead of Mainnet Launch
As it gears up for its mainnet launch tomorrow, Base, Coinbase’s Ethereum new layer-2 solution, just welcomed a new partner. Chainlink, the leading decentralized oracle network, announced this Tuesday...
Circle’s Jeremy Allaire Estimates Majority of USDC Adoption Originates Beyond US Borders
Stablecoin issuer Circle is a US-based company, and 70% of its USDC adoption originates from non-US regions. According to the estimations of Circle CEO Jeremy Allaire, some of the fastest growing area...
The Rise of Borroe ($ROE)
SPONSORED POST* The world of cryptocurrencies is no stranger to significant events that can impact the market. One such event that has caught the attention of investors and enthusiasts alike is Liteco...
Exploring the bullish case for AltSignals in 2023
AltSignals has built a successful trading signal service since 2017 The platform will tilt towards an AI-led service that is expected to increase investors’ earnings $ASI has huge potential for up to...
Chainlink Price Feeds Are Now Live On Base, LINK Soars Over 5%
Key Points: Base integrates Chainlink Price Feeds, fusing high-performance blockchain with industry-standard data solutions. Developers gain access to external DeFi applications, leveraging seamless c...
Moody’s Reduces Ratings of Several US Banks and Puts More Under Review for Potential Downgrades
Moody’s is watching the banking sector and has already cut its ratings on several institutions because of ongoing economic headwinds. Bond credit rating platform Moody’s Investors Service has reduced ...
How self-sovereign identity helps users own their data
Data has been a sensitive topic since the advent of the internet. Various challenges like the misuse and improper management of data have led many to search for a solution, and some believe that it co...
Exchange tokens to consider in 2023: BNB, KuCoin, and Tradecurve
The market is dynamic, and keeping up with the latest price movements is essential for any trader and investor. Based on on-chain data, BNB (BNB), KuCoin Token (KCS), and Tradecurve‘s TCRV appear pote...