A recent crackdown by authorities in Miri, Borneo, led to the seizure of 34 cryptocurrency mining servers that were found to be running off stolen electricity, according to a report from local Malaysi...
Category: Tech
Live Tech News Updates.
Binance Gets Dubai Approval
Binance has become the first crypto exchange to gain an operational license from Dubai’s Virtual Assets Regulatory Authority (VARA). Dubai is one of the favored destinations for crypto enthusiasts and...
Ethical hacker retrieves $5.4M for Curve Finance amid exploit
A white hat hacker has managed to take around 2,879 Ether (ETH), worth around $5.4 million, from an exploiter and returned it to the decentralized finance (DeFi) protocol Curve Finance amid the recent...
MEV bots: +11% profit – The Cryptonomist
CoinGecko’s second-quarter 2023 report revealed that MEV bots for algorithmic trading increased profits by 11% on a quarterly basis, despite an 87% drop in transaction volume. On page 21 of the report...
Analysts of Michael Saylor’s MicroStrategy Raise Price Targets Ahead of Q2 Earnings
TD Cowen analyst Lance Vitanza, who initiated coverage on the Michael Saylor-led firm last Wednesday with an outperform rating, praised the company for its “hybrid corporate strategy.” MicroStrategy i...
Binance secures the first operational MVP license in Dubai
Binance announced on Monday it had received the Operational Minimum Viable Product (MVP) license issued by Dubai’s Virtual Assets Regulatory Authority (VARA). The exchange secured the landmark license...
KuCoin: 30% staff layoffs part of ‘biannual appraisals’
KuCoin digital asset exchange has disputed claims of mass layoffs that reportedly affected over 300 employees. On July 25, Chinese digital asset industry reporter Colin Wu reported that the Seychelles...
Binance Becomes First to Receive Operational MVP License in Dubai
Binance FZE, the exchange’s Dubai-based subsidiary, has become the first exchange to receive an Operational Minimum Viable Product License in Dubai. Binance, the world’s largest crypto exchange, has b...
Binance unlocks new feature, DigiToads presents opportunities for investors
Binance, a leading exchange, often introduces new features to enhance user experience and drive industry progress. These advancements often create enthusiasm and excitement among investors who acknow...
Litecoin investors on a buying spree as halving nears
Apart from mid-tier holders, retail investors also showed interest in snapping up LTC. Litecoin’s social dominance shot up dramatically over the last few days. Investors started to pack their bags wit...
Deaton Agrees With Mark Cuban, Says SEC Winning on Appeal Doesn’t Mean Outright Victory
Attorney Deaton is confident that Judge Torres will still give the same ruling in the Ripple case even if the SEC wins on appeal. In a recent tweet, pro-XRP lawyer John Deaton reiterated that Judge An...
Millions Of Curve DAO Tokens Stolen Before White Hat Rescue Attempt
Curve DAO faced a significant setback as millions of CRV tokens were pilfered just moments before a white hat rescue operation aimed at securing the funds, as revealed by blockchain data and Curve con...
Will Megaphone Pattern Trigger a New Recovery Cycle to $2200?
Published 7 seconds ago Ethereum Price Analysis: Amid the increasing FUD in the crypto market, the Ethereum price correction phase stalled at the support of the megaphone pattern near the $1830 mark. ...
Binance secures first operational license in Dubai amid regulatory hurdles in Europe.
Following multiple setbacks with European regulators, Binance has become the first digital asset exchange to receive an Operational Minimum Viable Product (MVP) license from Dubai’s Virtual Assets Reg...
Solana Can Not Overcome $26 High, Threat Of Price Drop
Jul 31, 2023 at 07:54 // Price The price of Solana (SOL) is correcting to the upside. Solana long term price forecast: bullish The altcoin rallied on July 26, breaking through the 21-day line SMA. How...
DeFi Protocols Rocked by Latest Hacks Exploiting Vyper Language Vulnerabilities
Hackers have zeroed in on a vulnerability in the Vyper programming language — a well-known tool widely used for developing Web3 projects that target the Ethereum Virtual Machine (EVM) — on two signifi...
The Litecoin $95 Question: Is A Bullish Breakout In The Pipeline?
Litecoin (LTC) is facing a critical juncture in its price surge, with its value hovering just above $89.52 on CoinGecko, showcasing a modest 0.3% increase in the last 24 hours. However, LTC has endure...
Charles Hoskinson Announces Goal to Onboard 5,000,000 People to Cardano’s Lace Wallet
Cardano (ADA) creator Charles Hoskinson is announcing a new goal of onboarding five million new users onto the ecosystem’s Lace wallet. In a new video, the chief executive of Input Output Global (IOG)...
South Korea to pilot CBDC in one of these three cities, not Seoul
The Bank of Korea has narrowed down three regions for the piloting of its central bank digital currency (CBDC), which does not include the country’s capital, Seoul, according to a report from a local ...
Ex-CFTC Lawyer Reveals True Meaning of XRP Ruling
Mike Selig, crypto and finreg lawyer and former official at the CFTC, took to Twitter to provide invaluable insights into the complexities surrounding the classification of XRP. In particular, he has ...
Eco-Friendly Take by Robert F. Kennedy Jr.
With surging interest rates in response to high dollar inflation, the adoption of Bitcoin (BTC) in the United States has witnessed a significant upswing in recent months. Institutional investors have ...
US legislators advance mixed bag of bills for digital asset sector
The ‘crypto’ crowd is celebrating after U.S. digital asset legislation made unprecedented advances, but their cork-popping memes may prove a little premature. On Thursday, July 27, the U.S. House of R...
SEC Nigeria Issues Warning Against Investing with Binance; Declares Operations Illegal
Binance has been strongly advised against by the Securities and Exchange Commission (SEC) of Nigeria. The Commission ruled that Binance’s actions and operations in Nigeria are unlawful in a stat...
Latest Developments in Cryptocurrency Market.
Key Points Market overview for the past week included Binance listing Worldcoin (WLD), SEC accusing Binance of facilitating fake trades, Ripple applying for a cryptocurrency license, and Alphapo getti...
X Reinstates Kanye West’s Account after Eight-Month Ban
The rapper has not created any posts yet. According to those familiar with the matter, the account was restored only after Ye assured that he won’t post antisemitic content or hateful language. Social...
Binance FZE Becomes the First to Receive Operational MVP License in Dubai
Binance becomes the first exchange to receive Operational MVP License from Dubai. The approved services include virtual asset services to retail and institutional investors. Binance previously receive...
XDC, XRP and other top gainers
Here are the top five gainers among the leading 100 cryptocurrencies in July despite the recent downtrend. Despite the hype surrounding the Ripple (XRP) case against the US Securities and Exchange Com...
Binance one step away from full approval in Dubai with operational license
Binance has obtained a crucial license from the Virtual Asset Regulatory Authority (VARA) of Dubai, the crypto exchange said on Monday. By acquiring the operational minimum viable product (MVP) licens...
Binance Charged for Illegal Activities In Nigeria By the SEC
The world’s largest crypto exchange Binance faces one more regulatory roadblock and this time it’s in the African country of Nigeria. Last week, Nigeria’s Securities and Exchange Commission (SEC) call...
Community Reacts on Claims of 1,162 New XRP Accounts Created Every Day
Prominent XRP influencer Lewis Jackson unveils an astonishing surge in account creations, representing 1,166 new accounts per day; community reacts. In a recent tweet, well-known XRP influencer Lewis ...
As Litecoin Halving Nears, LTC Holders Increase Exponentially
Litecoin (LTC) halving is expected to bring a scarcity in LTC supply. The trading volume kept increasing irrespective of the LTC drop. Litecoin Halving, the recent talk of the town is approaching the ...
Deep Dive into BASE Protocol: Coinbase’s New Layer2
In the world of decentralized finance and cryptocurrency, protocols and platforms are continuously evolving to provide enhanced security, scalability, and interoperability. Coinbase, one of the leadin...