At his post-meeting press conference, Fed Chairman Jerome Powell said no decisions about future rate hikes or pauses had been made, and stressed that the central bank will be highly data dependent goi...
Category: Tech
Live Tech News Updates.
Golden State Warriors, Steph Curry face class-action lawsuit from FTX investors
NBA’s Golden State Warriors and Stephen Curry are facing a class action lawsuit over the collapse of FTX. The class action lawsuit claims that both the Golden State Warriors and Curry engaged in a co...
Congressional Stablecoin Bill Still Reeks of Sam Bankman-Fried, Democrats Say
U.S. Congress undertook its first-ever markup for digital asset legislation on Wednesday, attempting to establish clear jurisdiction for the nation’s chief market regulators. The bill was not well rec...
Shiba Inu Scam Alert: Unmasking the Fake ShibaSwap
Altcoin News Shiba Inu community on alert as @susbarium warns of potential scams targeting SHIB holders. Fake ShibaSwap website raises concerns, prompting caution among users to avoid fraudulent links...
Are the complex interplays between crude oil prices and unemployment rates cause for concern?
Quick Take The intricate relationship between crude oil prices and unemployment is a subject of close examination in the current economic landscape. Oil prices are on an upward trajectory, currently a...
Algorand (ALGO) Price Reaches Critical $0.11 Level: What’s Next?
The Algorand (ALGO) price trades inside a crucial horizontal support level. The reaction to it could determine the future trend. While the daily timeframe readings and price action are inconclusive, t...
Shiba Inu (SHIB) Burn Rate on Rise Despite Anemic Market
Arman Shirinyan Amount of burned SHIB still rising despite questionable performance on market Shiba Inu (SHIB) has been carving a distinctive path for itself. In spite of the prevailing lackluster per...
Avalanche Launches $50 Million Real World Asset Tokenization Initiative
On July 25, Avalanche stated that it was on a mission to “pioneer the future of asset tokenization.” Tokenization is poised to be one of the most impactful blockchain innovations of the next decade, i...
XRP piques community interest amidst price volatility
XRP emerged as one of the top crypto searches. Daily active addresses remained low as XRP reclaimed $0.7. Recent data indicated that Ripple [XRP] continued to capture significant attention from the cr...
SEC Faces Crossroads After XRP Ruling: What’s Next for Ripple Case?
The recent ruling by Judge Analisa Torres classifying XRP as a digital asset has put the U.S. Securities and Exchange Commission (SEC) in a challenging position, leaving them with critical decisions t...
Are Chainalysis’ Tools Scientifically Sound? Executive’s Statement Casts Doubt
An executive for on-chain analytics firm Chainalysis was the source of controversy following a recent statement. According to a court filing, the company’s Director of Investigation Solutions for gove...
Deutsche Bank Exceeds Expectations, Sees 763 Million Euros in Net Profit in Q2 2023
The latest report marks Deutsche Bank’s 12th straight quarterly profit since it implemented a restructuring plan back in 2019. Deutsche Bank has just released its quarterly report and it appears that ...
OpenAI, Google, Microsoft Unite to Establish AI Regulatory Body
Google and OpenAI create the Frontier Model Forum to address AI safety. Microsoft’s President said the initiative will advance responsible AI for humanity. Crypto experts have previously raised privac...
Google, OpenAI, Microsoft form ‘Frontier Model Forum’ to regulate AI development
Big Tech giants Google, Microsoft, ChatGPT maker OpenAI and AI startup Anthropic announced on July 26 that they would form a new industry watchdog group to help regulate artificial intelligence (AI) d...
Binance exits at least 3 European markets, prepares for MiCA
Binance has withdrawn from multiple European countries due to registration difficulties. The most recent country in question is Germany. Circumstances, both in the global market and regulatory landsca...
Ripple Chief Legal Officer Says Company Ready for Likely SEC Appeal
Ripple Chief Legal Officer Stuart Alderoty highlights the company’s readiness in light of a probable SEC appeal. Over the weekend, the SEC indicated it was considering an appeal in the Ripple ca...
Top Strategist Shares Key Support and Resistance Levels For Dogecoin as the Asset Trends
Amid the stunning one-week rise in the value of Dogecoin, a renowned expert has shared some critical support and resistance levels to watch. Dogecoin, the largest memecoin by market cap, stays among t...
Shiba Inu Consolidates Before A Bullish Surge! Will SHIB Price Meet This Bullish Pattern?
After rebranding Twitter to “X” and adding the Dogecoin ticker logo to his bio, Elon Musk has now turned his attention to another popular meme coin: Shiba Inu (SHIB). Musk’s latest move – directly men...
Lido Finance Considers Empowering stETH Holders in Governance
It will offer stETH holders veto power over governance proposals authorized by LDO holders. Dune data shows that Lido controls 31.6 percent of the whole staking market. Lido Finance, a leading liquid ...
Quantstamp Agrees to Pay $3.5 Million Fine Following SEC Charges
Blockchain security company Quantstamp has agreed to pay ~$3.5 million in fines to settle charges against it from the U.S. Securities and Exchange Commission (SEC) on Friday – without confirming or de...
Federal Reserve resumes rate hikes at FOMC meeting, bringing federal funds rate to 22-year high
The Federal Reserve has escalated interest rates to a range of 5.25 to 5.5%, marking the highest level since 2001. This action is part of its strategy to reduce the target inflation rate to 2%. At the...
Worldcoin: One day after launch, WLD FUD thrives
After a brief decrease, WLD gained another 22.35% in the last 24 hours. Ethereum’s co-founder discussed some pros and cons as positive sentiment fell. The much-anticipated launch of Worldcoin [WLD] wa...
Full Effects Of Rate Hikes Yet To Be Felt
Crypto News: US Federal Reserve Chair Jerome Powell said the central bank’s goal of containing the inflation at 2 per cent target has a long way to go. He spoke at a post Fed meeting press conference ...
Worldcoin Price Rebounds 16%, with BTC20 and yPredict Also Rising
It’s been a crazy few days in the cryptocurrency market, with newcomer Worldcoin ($WLD) making headlines worldwide. After experiencing a sharp selloff following its listing on Monday, $WLD has now reb...
Binance halts trading of FDUSD stablecoin due to ‘technical issues’
The recently introduced stablecoin, First Digital USD (FDUSD), which was scheduled to be listed on Binance on July 26, 2023, at 8:00 am UTC, has been postponed until 2:00 pm UTC on July 26 due to FDUS...
TikTok Joins the Text-Only Trend Amidst Social Media Overhaul
In an ever-evolving landscape of social media, TikTok has announced a new text-only feature, putting it in direct competition with Elon Musk’s X and Mark Zuckerberg’s Threads. The move comes as part o...
BNB Chain Q2 Daily Active Addresses Increased By 25.6% To 1.4 Million: Report
Key Points: BNB Chain faces regulatory scrutiny from the SEC during Q2, resulting in a 25.2% decline in its value. Despite the regulatory challenges, BNB Chain’s network activity grows, with daily ave...
Here are the Top Performers(Altcoins) for the Day Other Than WorldCoin (WLD)
The crypto space has gained enough bullish momentum in the past few hours as the markets have turned slightly bullish. The global crypto market cap regains its position above $1.18 trillion as Bitcoin...
Alphabet Records Cloud Unit Growth amid Google AI Plans
Sundar Pichai revealed that the company was planning to use new AI models to automate some customer services. Alphabet‘s second-quarter earnings report released on Tuesday shows that the company surp...
Worldcoin Attracts Hundreds of Users in Hong Kong, Yet WLD…
Following the launch of the highly anticipated Worldcoin project on Monday, Hong Kong witnessed hundreds of sign ups, but the WLD token slightly pulled back. How Worldcoin Kicked Off On July 24, a dig...
USDT Market Cap Hits New All-Time High: IntoTheBlock Data
The market capitalization of the largest stablecoin – USDT – recently tapped an all-time high of $83.76 billion (according to the crypto analysis firm IntoTheBlock). Other data aggregators, though, sh...
Palau to pilot USD-backed stablecoin PSC on XRP Ledger
The government of Palau has teamed up with Ripple Labs to launch a USD-backed stablecoin named Palau Stablecoin (PSC) on the XRP Ledger. Jay Hunter Anson, the director of Palau’s Digital Residency Pro...