Worldcoin — a new financial system connected to sensitive biometric information, mostly harvested from poor people — sure sounds like a terrible idea. “Terrible” doesn’t do it justice. Worldcoin will ...
Category: Tech
Live Tech News Updates.
Polygon Warning Signs Point To A Slide In MATIC Price
Polygon (MATIC) has been experiencing a mix of price action, with a 24-hour rally of 3.5% that hints at potential positive movement. However, the coin has suffered a 4.4% slump over the past seven day...
First Live Demonstration of Palau Stablecoin on XRP Ledger in Partnership with Ripple
A Palau government official has shared a live demonstration of the Palau stablecoin on the XRPL as the project enters a Phase One pilot in partnership with Ripple. Jay Hunter Anson, the FinTech Projec...
Welcome to the era of blocks and mortar: Learning from the past
The idea of history repeating itself is commonplace. Nevertheless, it’s intriguing to watch it unfold when it happens, as I believe we’re seeing now with Web3 echoing the dot-com era. If you weren’t ...
Republic of Palau Launches US Dollar-backed Palau Stablecoin in the Next Phase of Collaboration with Ripple on the XRP Ledger
Ripple will provide the Ripple Central Bank Digital Currency Platform and technical resources in a Controlled Pilot NGERULMUD, Palau & SAN FRANCISCO–(BUSINESS WIRE)–The Republic of Palau and Rippl...
Self-proclaimed Satoshi Craig Wright Loses Appeal in McCormack Lawsuit
Bitcoiner and podcaster Peter McCormack shares the latest update in the Craig Wright v. Peter McCormack case. In the latest development in the case, self-proclaimed Satoshi Craig Wright has lost his a...
SEC adopts proposal for regulating use of AI in markets
The U.S. Securities and Exchange Commission (SEC) has adopted a new set of rules for financial services that utilize artificial intelligence as of July 26. The SEC’s proposal is designed to tackle pot...
Market Volatility & Future Prospects
Zilliqa (ZIL) and Cardano (ADA) have emerged as notable smart contract-oriented public blockchains. With Zilliqa boasting a market capitalization of approximately $345 million and a reported daily tra...
Italian Central Bank-Backed Hub Taps Polygon, Others to Bring TradFi Deeper Into DeFi
A consortium of companies is receiving support from a research hub backed by Italy’s central bank in a bid to develop an ecosystem for traditional financial institutions to wade deeper into DeFi. Ceti...
SEC Brings Charges Against Quantstamp Over $28M ICO
Blockchain security firm Quantstamp is under scrutiny from the United States Securities and Exchange Commission (SEC) for conducting an unregistered initial coin offering (ICO) in 2017. The firm has a...
SEC Issues Cease and Desist Order Against Quantstamp
The US Securities and Exchange Commission (SEC) has targeted the smart contract auditing firm Quantstamp for raising $28 million through an Initial Coin Offering (ICO) of unregistered securities. Over...
Putin signs digital ruble bill into law, enabling CBDC in Russia
Russia’s President Vladimir Putin has signed the digital ruble bill into law, allowing the country’s central bank to issue a central bank digital currency (CBDC) in the hopes that it will help combat ...
EOS Price Analysis: Risk of More Losses Below $0.73
EOS price started a fresh decline from the $0.80 zone against the US Dollar. The price is now trading below $0.765 and the 55 simple moving average (4 hours). There was a break below a key bullish tre...
Will Cardano Price Rally to $0.36? Double Bottom Pattern Sets a 22% Upswing
Published 52 mins ago On Wednesday, the US Federal Reserve’s Federal Open Market Committee (FOMC) announced its decision to raise interest rates by 25 basis points. These results aligned with the mark...
‘Impermanent Loss’ Is Usually ‘Permanent Loss’ Says Binance CEO
“Impermanent loss is usually permanent loss,” said Binance CEO Changpeng Zhao in his latest tweet. Zhao asked his followers to stay safe and added that stablecoins were not always stable. However, som...
Solana Hints At Potential Fresh Rally To $30
Solana is attempting a fresh increase above the $25 resistance against the US Dollar. SOL price might continue to rise steadily toward the $30 zone in the near term. SOL price is showing positive sign...
FTX Founder Sam Bankman-Fried Won’t Face Campaign Finance Charge, U.S. DOJ Says
“The Government has been informed that The Bahamas notified the United States earlier today that The Bahamas did not intend to extradite the defendant on the campaign contributions count,”...
WisdomTree Announces New Board Committee Chairs and Members
Every Committee Now Comprised of a Majority of Directors Who Joined in Past Three Years, with at Least One Director on Each Committee Nominated by WisdomTree Stockholder ETFS Capital New Committee Com...
Ripple’s Top Exec Drops Major Update on Joint Project with Montenegro
Gamza Khanzadaev CBDC chief at Ripple unveils major update on joint stablecoin project with Montenegro Antony Welfare, the CBDC advisor at Ripple, shared a major update on the ongoing joint project wi...
Federal prosecutors want Sam Bankman-Fried’s bail revoked
Federal prosecutors have requested that Sam Bankman-Fried’s bail be revoked as the former FTX CEO awaits trial, the Associated Press reported on July 26. Earlier, prosecutors alleged that Bankman-Frie...
Ripple vs. SEC Appeal: Judges’ Perception & Impact
The Ripple Vs SEC lawsuit which has been in the spotlight of the crypto industry has finally concluded after over two years. Judge Analisa Torres has ruled in favour of Ripple and held that the sale o...
From Early Computers to NFTs: Vera Molnàr’s Pioneering Art Journey at Sotheby’s
Vera Molnàr’s journey from the first computers to embracing NFTs stands as a testament to the enduring curiosity that transcends age and generation. At the age of 99, the Hungarian-born artist i...
Italian Central Bank Begins Development For DeFi Ecosystem
The Bank of Italy’s Milano Hub innovation center will provide support to a project spearheaded by Cetif Advisory that aims to develop a security token ecosystem for institutional decentralized f...
Binance and Coinbase Market Shares at Stake Amidst Regulatory Turmoil: Data
It has been a wild ride for the world’s largest cryptocurrency exchange – Binance, this year. As US watchdogs pursue it for alleged violation of federal laws, the platform appears to be losing its mar...
Will DOGE outplay SHIB, PEPE, and FLOKI on this front?
Dogecoin’s price rallies materially. Elon Musk plays a role. Other memecoins fail to see similar growth, traders turn pessimistic. Despite the market’s instability and regulatory scrutiny faced by alt...
Paradigm moves $3.5 million MKR tokens to Coinbase
Paradigm’s MKR transfer comes a few days after Andressen Horowitz (a16z) moved over $9.7 million worth of the tokens to the exchange. MKR price has traded lower with the recent large transfers of the ...
Bullish Pennant Pattern Signals a Surge Beyond $30
Published 11 mins ago In response to the current correction phase in the crypto market, the Solana price witnessed a price drop from a $32.16 high to a $22.73 low. This two weeks’ downfall registered ...
Samsung Launches Range of New Devices Including Foldable Smartphones and Galaxy Smartwatches
The new foldable smartphones are thinner, faster, and generally better than their predecessors, according to Samsung. Samsung has added two new devices to its range of foldable smartphones. On Wednesd...
Craig Wright must pay $516K to pursue sue against Kraken, Coinbase
Australian computer scientist Craig Wright, who claims to be Satoshi Nakamoto, the mysterious founder of Bitcoin (BTC), must pay $516,000 in legal costs to pursue claims against crypto exchanges Coinb...
XRP Price Nears Crucial Turning Point, Here Are Possible Scenarios
Tomiwabold Olajide Indications seem to be pointing upward, buoyed by positive fundamentals The XRP price might be approaching an inflection point, as its daily chart suggests. The XRP price has seen p...
Ribbon Finance governance approves Aevo brand merger
Ribbon DAO token holders have voted in favor of folding Ribbon Finance into the affiliated Aevo derivatives exchange, which launched its mainnet in June. Under the proposal, the Ribbon Finance dapp wi...
Optimism’s ‘Law of Chains’ sparks controversy in the community
The initiation of a new governance proposal has caused arguments in the project’s community. While OP Stack has a vital role to play, restriction concerns have appeared. In addition to its recently-la...