Tether, the world’s largest stablecoin issuer, released an assurance report on Monday covering its financials as of June 30. The Q2 attestation showed that the issuer now holds over $3.3 billion in ex...
Category: Tech
Live Tech News Updates.
WLD Bulls Outnumber the Bears Inside Pennant Pattern, Will it Breakout?
Worldcoin crashed from $3.3115 and traders between $2.00 and $2.4 through the rest of the week. WLD takes the formation of a bearish pennant that is on the verge of completion, it will break out soon....
Why Curve Finance’s loss is Uniswap’s gain
Curve’s position among DEXes could be threatened, and Uniswap may take advantage. CRV shorts dominated the derivatives market while traders longed UNI. With Curve Finance’s [CRV] recent setbacks, Unis...
29 Other Meme Coins Besides BALD Rugged on Base
Scope data on July 31 shows that 29 meme coins were launched over the weekend on Base to capitalize on the recent frenzy surrounding BaldBaseBald (BALD), a meme coin inspired by Coinbase CEO Brian Arm...
BALD token developer denies rug pull as price falls 85% post-launch
A new memecoin on Coinbase’s Base network fell 85% after its developer allegedly pulled 1,034 Ether in liquidity, worth approximately $1.9 million, from the market, according to social media reports a...
Baron Davis Wants a Player-Owned NBA Team. Can This Pro-Sailing League Get Him There?
There exists a future, one not so far from now, in which NBA players will be able to join together and collectively own major basketball franchises like the Lakers, the Warriors, and the Miami Heat. A...
Tether Excess Reserves and Market Cap Hit ATH as of…
Tether issued its 2023 Second Quarter attestation report, revealing a net profit of $850M and over $1B of operational profits. Tether Excess Reserves Reach $3.3B Despite a Dip in the Quarterly Net Pr...
VC Spectra (SPCT) Enters Stage 2 of Public Presale
Securing $2.40 million from the private seed sale set the groundwork for VC Spectra (SPCT) to launch Stage 1 public presale. A total of 125 million SPCT tokens worth $0.008 each were sold in Stage 1. ...
How An Old ENS User Just Reclaimed Over $73 Million
An early user of the Ethereum Name Service (ENS) just reclaimed tens of thousands of Ether (ETH) that he’d locked up in the old ENS registrar over 4 years ago. Having appreciated substantially since t...
Uwerx (WERX) Network Presale Heating Up
SPONSORED POST* The crypto world, even when it offers opportunities to make astronomical gains, has been criticized for the presence of grifters and thieves in the industry that give it a bad name. Ev...
A look at Solana as it logs a surge in revenue, prices and more
Solana’s TVL remained above the $1 billion level for multiple weeks. SOL was down by 2% in the last 24 hours, and market indicators were bearish. Solana’s [SOL] Total Value Locked (TVL) has been risin...
Memecoin Frenzy Hits Coinbase-backed Base with Increased Risks of Rug Pulls
Some memecoin traders were lucky to make huge returns from a small investment while others were rug pulled with a promise of future return. The memecoin industry has been used by most crypto traders t...
Litecoin: Why Past Pre-Halving Rally May Not Push LTC Above $100
LTC decreased by 12.80% in the last 30 days in contrast to the previous pre-halving performance. If the 50 EMA flips the 20 EMA, then LTC might fall below $90 unless buying pressure increases. Long po...
How digital coins affect the planet
The growing popularity of cryptocurrencies has led to more people looking into how much energy they use and how they affect the environment. Let’s delve into the environmental impact of well-known coi...
How A $100 Million Memecoin Became Worthless Overnight
On July 30, a meme coin called BaldBaseBald (BALD) launched on Base Network, Coinbase’s new Layer 2 built on Optimism. The coin referenced Brian Armstrong, Coinbase’s “bald” founder, and quickly becam...
Dolphin and Shark Wallets Now Hold Over 18M LTC as Litecoin Halving Nears
Santiment reveals top traders aggressively accumulate LTC as Litecoin’s halving event nears, with dolphin and shark addresses holding 18 million LTC. In a recent tweet, Santiment, an esteemed market i...
Etihad Airways Launches Staking for Miles Through Web3 Loyalty Program Horizon Club
The original EY-ZERO1 collection granted holders exclusive benefits, including Etihad Silver Tier status for one year and access to an NFT holders’ event at the Yas Marina Circuit Formula 1 race...
Polygon (MATIC) Unveils Disruptive Solution for India’s Caste Certificates
News The government of Maharashtra, India, has embraced Polygon (MATIC) blockchain for issuing verifiable caste certificates. It gains recognition as TIME’s influential tech company. The firm aids Kar...
Here’s How Optimism (OP) Is Faring Now
Godfrey Benjamin Optimism is on steady run as it seeks to distinguish itself in today’s L2 ecosystem Contents Optimism in L2 ecosystem Mainstream adoption The Ethereum (ETH) Layer 2 scaling war ...
Pryce Adade Yebesi’s Utopia Labs: Democratizing Access to Financial Instruments
Pryce Adade Yebesi, the co-founder and COO of Utopia Labs, is a man on a mission, recently becoming one of the youngest black founders to raise $23 million for his company. Initially focused on provid...
What Are The Major Token Unlocks Scheduled in August?
Around 30 projects’ token unlocks are scheduled in August, adding a potential selling pressure of around $495 million. The price of investment assets depends on supply and demand. If the proportion of...
Everything you need to know as Mithril launches on Cardano
Mithril eliminated the need to rely on a third party for light wallet interactions. The technological upgrade didn’t immediately result in price gains for ADA. Proof-of-stake (Pos) blockchain Cardano ...
Altcoins Surge As Digital Asset Products Witness $20.9M Weekly Outflows
Key Points: Digital asset investment products experienced a net outflow of $20.9 million last week, primarily driven by long Bitcoin products. Investors favored altcoins, excluding Ethereum, with infl...
SEC Continues Its Regulation By Enforcement Spree, Charges Richard Heart Of Hex With $1 Billion Securities Fraud ⋆ ZyCrypto
Advertisement     The U.S. Securities and Exchange Commission (SEC) has initiated a lawsuit against Richard Schueler, better known in the crypto world as Richard Heart, for unregistere...
Bank of Korea to Explore CBDC Testing in Selected Regions Outside Seoul
While the CBDC testing is scheduled for next year, the road to CBDC implementation is not without its challenges. The Bank of Korea (BoK) is making headway in its quest to develop and test its central...
Elon Musk Gets Cryptic Invitation to Shibarium Mainnet Unveiling
It looks like Twitter’s former Chief Executive Officer (CEO) Elon Musk may be attending the upcoming Blockchain Futuristic Conference where Shiba Inu’s Layer-2 scaling protocol Shibarium will be offic...
PEPE Stuck in a Narrow Price Range While SHIB and BONE Surge
PEPE has been left in the dust after the latest Shibarium announcement. Over the past seven days alone, PEPE’s price dropped by more than 11% while the prices of SHIB and BONE surged. PEPE’s price was...
Will Resistance At $29,500 Trigger A Sell-Off Or Surge?
Bitcoin (BTC) has been trading in a tight range for quite some time now, with bulls and bears engaged in a tug-of-war over key support and resistance levels. The recent move above $29,500 has provide...
Richard Heart, Hex, PulseChain sued by SEC over unregistered securities, fraud
Richard Schueler, popularly known as Richard Heart, is facing a lawsuit alleging he raised over $1 billion in unregistered securities offerings across three projects and used investor funds for person...
Yuga Labs Acquiring Metaverse Startup Roar Studios
Yuga Labs, which acquired a number of non-fungible token (NFT) projects including CryptoPunks, Meebits and 10KTF, has expressed its intention to craft Otherside as a place for all of its intellectual ...
BinanceUS Expands Support for XRP Shortly After Relisting
BinanceUS has added a new Convert pair for XRP, essentially expanding its support for the asset shortly after relisting in the wake of the SEC lawsuit victory. In a recent tweet, BinanceUS, a sister p...
CRV Deposits and Withdrawals Suspended on Two Major Exchanges
Arman Shirinyan South Korean crypto exchanges Bithumb and Upbit see surge in CRV prices amid trading suspension fallout Following the suspension of Curve Finance (CRV) deposits and withdrawals, a dras...