Alchemix and Connext say the new token standard will benefit token issuers. DeFi bridges suffered exploits that saw over $2 billion stolen in 2022. Multichain bridge, which recently announced it was e...
Category: Tech
Live Tech News Updates.
EraLend Exploit: Hackers Steal $3.4 Million From zkSync Lending Protocol
EraLend, a decentralized lending protocol operating on the zkSync Layer 2, has fallen victim to an exploit resulting in a loss of $3.4 million. The attack was confirmed by security analysts at BlockSe...
China eyes cross-border trade with Singapore as CBDC nears $250B transactions
China’s central bank digital currency (CBDC) is moving toward another milestone as it nears the $250 billion mark for total transaction volume. People’s Bank of China (PBoC) Governor Yi Gang disclosed...
Ripple CEO Calls For Legislative Clarity To Protect Retail Investors Amid SEC’s Enforcement Chaos ⋆ ZyCrypto
Advertisement     Ripple CEO Brad Garlinghouse has called out the U.S. Securities Exchange Commission (SEC) for its regulatory overreach over crypto, arguing that it is hurting retail ...
Avalanche Foundation Announces $50 Million Allocation For Tokenized Asset Purchase
Key Points: Avalanche Foundation allocates $50 million for purchasing tokenized assets on its blockchain, promoting tokenization in sectors like stocks, credit, real estate, and commodities. The initi...
Bitget surpasses 20M users as wallet integration spurs trading volumes
Seychelles-based cryptocurrency derivatives exchange Bitget has seen prolific growth in key metrics through the first half of 2023, driven by the integration of a recently acquired self-custodial wall...
Adidas (ADS) Stock Jumps 6% after Strong Yeezy Sales and Trimming Losses
Adidas is able to alleviate the impact of operational losses as the clearance of the massive Yeezy inventory takes turn for the good. On Monday, July 24, German sportswear giant Adidas AG (ETR: ADS) s...
Payment Platform Island Pay Launches USDC Wallet in Latin America
122 million people in Latin America were considered unbanked in 2021. Island Pay launched a digital wallet “CiNKO” and USDC is the main currency. CiNKO wallet is part of a plan to roll out stable coin...
SEC Might Be Hesitant to Go After Similar Cases, Law Veteran Says Why
Tomiwabold Olajide Question of what is next remains in hearts of crypto market participants The court’s July 13 decision that XRP is not a security marks a landmark ruling, not just for Ripple b...
Conic Finance suffers $4M in hacks, loses $100M in total value locked!
Crypto Live News Author: Mustafa Mulla Jul 25, 2023 22:58 Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech ...
Ripple’s next stop: Service expansion in UK, Ireland
Ripple looks to expand its services to the UK and Ireland following its partial victory in a high profile case brought by the SEC. Ripple has applied for a crypto asset firm license with the UK’s Fina...
Avalanche Foundation’s Bold Move Towards Tokenised Assets
Avalanche Foundation has earmarked a whopping $50M to acquire assets that are tokenised on its blockchain. Reshaping the financial landscape In a blog on the Avalanche website, the ambitious venture,...
Legal Expert Predicts Timeline for SEC’s Possible Appeal Against Ripple Victory
Amid the ongoing debate regarding the SEC’s next move in the Ripple case, MetaLawMan predicted that the regulator would file an interlocutory appeal within two weeks. Popular legal expert James Murphy...
Robinhood Recruits Key Executive To Prepare for UK Expansion
Jordan Dane Sinclair has been appointed CEO of Robinhood UK Ltd. Robinhood plans to establish an FCA-approved brokerage service for UK retail investors. Robinhood is preparing to expand internationall...
Analyzing MakerDAO’s chances of growth amid these factors
Fees generated on the MakerDAO protocol have surged over the last few months. The Spark Protocol generated high interest from users. Despite conceding the top position in the DeFi sector in terms of ...
KuCoin dispels layoff rumors, CEO cites ‘normal’ personnel adjustments
Crypto exchange KuCoin denied “any alleged layoff plan,” according to a July 25 email statement to CryptoSlate. On July 25, Wu Blockchain, citing three unnamed internal employees, reported that KuCoin...
Binance Files Intent to Dismiss CFTC Complaint
The world’s largest crypto exchange plans to ask the court to dismiss a lawsuit filed by the Commodity Futures Trading Commission (CFTC) in March this year. In a filing made to an Illinois Distr...
Experts Warn Twitter Rebranding Could Be Fatal To Elon Musk
Crypto News: Following the Tesla shareholder meeting earlier in May 2023, billionaire Elon Musk said he would not mind losing money if that is what it takes to speak his mind. “I will say what I want ...
Former CFTC chairman says stablecoins can be a bridge between two worlds
The former chairman of the United States Commodity Futures Trading Commission (CFTC), Timothy Massad, highlighted the importance of government attention being paid to the stablecoin ecosystem in an in...
Avalanche announces $50M for purchase of tokenized assets
Avalanche Foundation wants to promote tokenization on Avalanche with the $50 million program. The tokenized assets initiative is dubbed Avalanche Vista. A recent survey report suggested 77% of capital...
Dogecoin Price (DOGE) Jumps 10% – Here’s Why The Bulls Could Aim $0.085
Dogecoin (DOGE) is bullish, trading above the $0.072 resistance against the US dollar. The price is well above the $0.075 zone and the 100 simple moving average on the 4-hours chart. A major bullish t...
20 Trillion SHIB Reach Break-Even Point as Shiba Inu Kicks into Top Market Performers
Gamza Khanzadaev Trillions of SHIB tokens hit break-even mark as Shiba Inu price shines green Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today....
Optimism Update: Building A Superchain Ecosystem With Layer 2 Solutions
Key Points: Optimism rebrands to OP Mainnet, introducing the concept of a Superchain ecosystem comprising various Layer 2 solutions on the OP Stack. Key projects in the Superchain ecosystem include Co...
Flashbots Raises $60M in Series B Round Led by Paradigm for MEV Network Development.
Crypto Live News Author: Mustafa Mulla Jul 25, 2023 22:42 Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech ...
OpenAI Shuts Down Its AI Detection Tool Due to Low Accuracy
The link leading to the tool is no longer functioning. However, OpenAI has promised to come up with other detection tools that users can trust. OpenAI, artificial intelligence (AI) research laborator...
Venom Reaches New Heights, Surpasses One Million Registered Wallets
Venom Foundation has announced that it has crossed one million registered wallets. In June alone, Venom recorded 277 million transactions, marking an increase of 46% from May. The recent growth also i...
Worldcoin hackable by cutting off someone’s face, draping it over your own
This week on my to-do list, nestled between “buy milk, see the dentist, do laundry,” was “get eyeballs scanned by Worldcoin.” I have to be honest: I had no particular desire to get my eyeballs scanned...
Binance Japan to Roll Out Services By August, CZ Reveals
Amid global expansion plans, Binance CEO Changpeng “CZ” Zhao announced that Binance is commencing operations in Japan by August. Before this development, the crypto firm acquired a 100% stake in Sakur...
Zcash Holds Support At $30.00 Price Point – VC Spectra May Still Be Safer For Investors
Zcash (ZEC) has been swimming against the tide for the past month up to July 21. The Zcash (ZEC) price increased despite bad news for the coin. On the other hand, VC Spectra (SPCT) continues to look l...
20 Trillion SHIB Hits Break-Even
Altcoin News Shiba Inu (SHIB) witnesses significant value surge: Over 20 trillion SHIB reach break-even point. SHIB and DOGE among top-performing cryptocurrencies: Both coins experience notable price ...
Will $DOGE Price Recovery Cycle Reclaim $0.1 Milestone?
Published 5 hours ago Dogecoin Price Analysis: In the weekly time frame chart, the Dogecoin price shows a V-shaped reversal from the combined support of $0.53 and a lower trendline of a symmetrical tr...
Top 3 Meme Tokens that might Explode in 2023!
Despite a downturn in the broader crypto market, meme tokens have bucked the trend, growing by over 5% in the past week. These tokens now hold a significant $17.5 billion market cap, and are increasin...