Binance, the giant cryptocurrency exchange, is currently embroiled in turmoil as several top executives have resigned this week due to CEO Changpeng Zhao’s handling of regulatory investigations. The d...
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Live Tech News Updates.
Mastercard Uses AI to Combat Real-Time Payment Scams
Mastercard has introduced a brand new artificial intelligence (AI)-powered solution with the intention of assisting financial institutions in combating payment fraud and scams in real time, ahead of a...
Solana Smashes Key Resistance, $22 Could Be Next
Solana is rising above the $20 resistance against the US Dollar. SOL price might continue to rise steadily toward the $22 zone in the near term. SOL price is showing positive signs above the $19.50 le...
Multichain protocol Faces Major Exploit With $130 Million Ouitflows
On Thursday, July 6, the multichain bridge witnessed abnormally large outflows in what seems to be a multi-million dollar exploit of the platform. A few hours later, Multichain protocol announced that...
$314K from 2016 Bitfinex attack returned by US Homeland Security
The digital currency exchange known as Bitfinex said on July 6 that it has been given $312,219.71 in cash together with 6.917 Bitcoin Cash by the United States Department of Homeland Security. The sei...
Genesis Global’ $2 Billion Dispute With FTX Could Delay Creditor Payment Plan
Key Points: Bankruptcy crypto lender Genesis Global is in a $2 billion dispute with FTX Trading. A protracted dispute will likely delay a court review of a payment plan for Genesis’ creditors. FTX ini...
Maker [MKR] delivers a 50% weekly upside fueled by these events
Spark protocol coming to Gnosis chain fuels positive sentiment among MKR holders. MKR bulls demonstrate strong momentum and resilience but will sell pressure be imminent? Maker DAO’s native token MKR ...
China to Strengthen Artificial Intelligence Development with New Legislation
China has included a draft AI law in its legislative agenda for the State Council in 2023, which will be reviewed by the National People’s Congress. The goal is to improve AI research, developme...
Nftperp Shuts Down V1 Beta, Promising Thrilling Launch Of V2
Key Points: Nftperp announces the closure of its V1 private beta after achieving a staggering trading volume of 280,000 ETH. Nftperp plans to sunset V1 in preparation for the highly anticipated launch...
Aptos Foundation’s Twitter Hacked And Posted A Scam Airdrop Link
Key Points: The official accounts of CEO Mo Shaikh and Aptos Foundation were both hacked early this morning. The guys advertised a fake airdrop afterward. Aptos Labs was quick to post a warning on Twi...
FBI Targets Kraken Founder Jesse Powell In Startling Hacking Probe
Key Points: FBI searches home of Kraken founder Jesse Powell in a hacking investigation. Allegations involve interference with nonprofit’s computer accounts. Powell not charged, lawyer asserts innocen...
Bulls force Waves past $2 once more- Can they reach June highs?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Waves has performed incredibly well on the price ...
Federal Reserve Made a Big Policy Mistake and We’re Going To Pay the Price, Says Black Swan Author Nassim Taleb
Economist and best-selling author Nassim Taleb says the Federal Reserve made a grave mistake 15 years ago that regular Americans will now have to pay for. In a new interview on CNBC, the Black Swan au...
FBI Raids Home Of Kraken Ex-CEO Jesse Powell
Crypto Market News: Jesse Powell, the cofounder of crypto exchange Kraken is involved in a federal investigation on charges that he hacked and harassed a non-profit organization. In connection with th...
Barnbridge DAO Receives Regulatory Storm Attack From SEC, BOND Drops More Than 8%
Key Points: Barnbridge DAO faces SEC investigation, suspends operations and liquidity pools. Legal counsel advises halting work and compensation related to Barnbridge. Regulatory scrutiny casts uncert...
Twitter says Threads stole its IP, sends legal threat to Facebook parent Meta
Twitter has sent a legal warning to its competitor Meta, Semafor said on July 6. Meta — the parent company of Facebook and Instagram — previously launched its Threads app. The product has been widely ...
Tether CTO Asserts $XAUT as the Digital Resurgence of the Gold Standard
Paolo Ardoino, Tether’s CTO, recently discussed the role of Tether Gold ($XAUT), Bitcoin, and gold in the evolving economic landscape. Ardoino emphasized the similar characteristics shared by Bi...
Binance Abandons Dutch Market, Coinmerce Becomes Largest Exchange In Netherlands
Key Points: Binance leaves the Dutch market due to licensing issues, transferring customers to Coinmerce. Coinmerce has become the largest crypto exchange in the Netherlands. Dutch Central Bank monito...
Multichain Bridge Trouble Again, $130M Assets Withdrawn For Unknown Cause
Key Points: Many crypto users discovered that the Multichain cross-chain bridge was transferring large amounts of crypto to the outside world for unknown reasons. The incident affects about $130 milli...
Why The Litecoin Revival Could Just Be Beginning
Litecoin’s halving is a little over a month away, and historically, the cryptocurrency has peaked prior to this recurring event. But this time very well could be different, as LTCUSD is exhibiting mor...
CZ Responds To Reports Of 3 Binance Senior Executives Resigning
Key Points: Binance CEO Changpeng Zhao (CZ) has responded to reports of the departure of 3 senior executives. CZ believes that the reports about their reasons for leaving are entirely untrue. Accordin...
South Korea passes bill aimed at protecting consumers a year after Terra’s collapse
South Korean lawmakers have passed a new law to protect investors from the inherent risks associated with digital currency trading as part of attempts to weed out bad actors from the ecosystem. The Vi...
Binance Recommends New Exchange As It Exits Dutch Market
In the latest news development, Binance has recommended a new exchange for its users as it prepares to cease its operations in the Dutch market. According to a statement released today, Dutch crypto e...
No Money For Years, XRP Holders Lose If SEC Wins, Says John Deaton
John Deaton, a pro-XRP lawyer, recently made some statements regarding the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Deaton believes that if Ripple los...
Binance In Crisis When Executives Flee Regulatory Storms
Key Points: Top executives resign from Binance amid regulatory investigations. The exchange faces multiple regulatory challenges globally. Operations and market share of the exchange are affected by t...
Multiple Binance Executives Resign Amid CZ’s Handling Of DOJ Probe: Report
A slew of senior executives at Binance are reportedly fleeing en masse as the company grapples with a massive lawsuit from the Securities and Exchange Commission (SEC) and a Justice Department investi...
Will Blur V2 be the undoing to OpenSea’s dominance?
Blur V2 will have a 50% reduction in gas fees. The token reacted with an over 1% increase in value to stem the downtrend. Blur [BLUR] has officially unveiled its highly anticipated version 2, bringing...
FBI searched Kraken co-founder’s home in March: Report
The United States Federal Bureau of Investigations (FBI) reportedly searched the home of Kraken co-founder Jesse Powell in March as part of an investigation into claims he hacked and cyber-stalked a n...
Gauntlet Accused of Sneaking in Previously Rejected Proposal to Adjust CRV LTV to Zero
Gauntlet, a decentralized finance (DeFi) risk management entity, seems to be facing some backlash on its latest proposal on the Aave governance forum after it was accused of fixing in elements of a pr...
Multichain MPC bridge sees $100M+ outflows, sparking fears of exploit
Abnormally large outflows from the Multichain MPC bridge platform on July 6 have sparked fears that an exploit could be underway. Over $102 million worth of crypto has been withdrawn from Multichain’s...
US lawmaker calls for clear labeling of AI-generated content to curb misinformation
As the world grapples with the grim realities of the misuse of artificial intelligence (AI), U.S. Senator Michael Bennet (D-CO) has called on technology companies to label AI-generated content clearly...
Binance’s top strategist departs company amid reported US exec resignations
Binance’s chief strategy officer Patrick Hillmann has confirmed he is leaving the crypto exchange amid reports that other top executives in the United States have been departing as a result of a...