Investigators from the Commodity Futures Trading Commission have reportedly concluded that bankrupt crypto lender Celsius and its former CEO Alex Mashinsky broke U.S. rules before the company collapse...
Category: Tech
Live Tech News Updates.
Cardano’s locked protocols help TVL while ADA…
The TVL rose to a new high amid increased activity on its underlying protocols. ADA’s momentum could turn bullish, but this depends on the demand created. Thanks to the seven-day performance of the pr...
Twitter stepping up its payment game: Now licensed money transmitter in 3 states
Twitter has obtained money transmitter licenses in three U.S. states, according to records in the Nationwide Multistate Licensing System database. Those records indicate that Twitter’s applications we...
On-chain derivatives are DeFi’s next boom opportunity — Apollo Capital
On-chain derivatives are set to become the next big growth sector in the decentralized finance (DeFi) space, says Henrik Andersson, the chief investment officer of Australian crypto investment firm Ap...
Will DOT’s retest of the $5.23 level yield a different result?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Polkadot bulls can’t get past the $5.55 obstacle....
Bank of England taps self-sovereign ID platform Nuggets to develop privacy layer for digital pound
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To man...
Binance.US Market Share Drops To New All-Time Low Amid Regulatory Troubles
The United States arm of the crypto exchange Binance has been targeted by regulators over the last month. As a result, the Binance.US exchange has been seeing its market share declining rapidly, and n...
Rapid Rise In Cardano’s TVL Points Toward Bullish Sentiment Around ADA
Cardano is one of the most prominent proof of stake (POS) blockchains that requires users to stake their native tokens, ADA, to confirm and secure transactions on the network. Over time, the network h...
Web3 projects lost nearly $314m in Q2, CertiK research shows
CertiK’s Q2 2023 Web3 Security report highlights a decline in volume lost to malicious actors in the blockchain ecosystem, significant off-chain events, and vulnerabilities in major protocols and appl...
Fed decided against rate hikes in June FOMC meeting, but left room for future increases
The Federal Reserve provided new details about the outcome of its mid-June meeting in a minutes document published on July 5. Those minutes reaffirmed that the group aims to keep the federal funds rat...
Binance Suspends Eight Altcoins Tied to Bridge Protocol Multichain After May Incident
Binance, the largest crypto exchange in the world, has suspended deposits and withdrawals for eight altcoins tied to bridging platform Multichain. In a new announcement, Binance says it’s halting supp...
Binance.US market share drops below 1% amid regulatory lawsuit: Report
United States-based cryptocurrency exchange Binance.US has reportedly seen its market share drop more than 20% amid a lawsuit from federal financial regulators. According to a July 5 report from Reute...
Litecoin bulls to target $125 next?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The Fibonacci extension levels presented likely t...
Twitter receives money transmitter licenses in three US states
Twitter Payments LLC, a subsidiary of Elon Musk’s Twitter social network, appears to have received its first money transmitter licenses after Michigan, New Hampshire, and Missouri approved the company...
Metis Not Accepting Purchases From BNB Chain Days After PolyNetwork Hack
Metis, an Ethereum layer-2 platform, warns users not to buy METIS on the BNB Blockchain days after the PolyNetwork was hacked and $5.5 million of assets stolen. In a tweet shared on July 5, Metis said...
Largest Bank in Southeast Asia Is Adding Support for China’s CBDC
Southeast Asia’s largest bank is launching a new payment solution for China’s digital yuan (e-CNY), expanding the number of businesses who can receive payments in Beijing’s central bank digital curren...
Ripple Victory Could Nullify Class Action, Says XRP Lawyer
Alex Dovbnya In the midst of ongoing legal battles for Ripple Labs, a victory in the SEC case could potentially invalidate the current class-action lawsuit, according to John E. Deaton The current cla...
Dogecoin shakes off shorts to touch month-long high
During the trading session on 4 July, DOGE exchanged hands at a one-month high. Its Bollinger Bands and Chaikin Money Flow indicators hinted at a potential price drawback. For the first time in almost...
Most of The Fed’s Committee Wanted to Pause Rates in June
According to minutes released Wednesday for the Federal Open Market Committee (FOMC) meeting of June 13–14, most Federal Reserve policymakers in attendance wanted to hold interest rates steady. Many p...
Binance Halts Deposits and Withdrawals on 10 Multichain-Bridged Tokens
Crypto exchange Binance today announced that it is ceasing all deposits and withdrawals for the ten Multichain-bridged tokens that were previously part of a deposit suspension by the exchange after ce...
Bitwage Now Stops USDC Payments For US Residents
Key Points: Bitwage, a cryptocurrency payroll company, will no longer accept USD Coin (USDC) payments from US citizens due to increased regulatory scrutiny. Customers must withdraw USDC from their wal...
Traders Bullish on Dogecoin as DOGE Price Sees Steady Rise; Could These Meme Coins Also Pump?
Despite its humble origins, Dogecoin ($DOGE) continues to defy expectations and is now on a consistent upward trajectory that has traders overwhelmingly bullish. $DOGE’s surprise rise has prompted spe...
Binance Australia Says It’s ‘Cooperating’ With Authorities Amid Regulatory Scrutiny
Binance appears to be back in hot water. Australia’s financial markets regulator, the Australian Securities and Investments Commission (ASIC), has reportedly conducted searches at the exchange&#...
Is It Time to Get on Board or Is VC Spectra a Better Alternative?
Advertisement     With its recent surge in popularity, many wonder if it is time to get on board the Neo (NEO) train and potentially reap substantial gains. However, amidst the Neo (NE...
Singapore-Based Company Launches Web3 Social Graph for Assets, UXUY to Boost Web3 Adoption
Advertisement     Singapore-based company Happy Fair PTE. LTD has unveiled the debut of its web3 social graph, UXUY, which has rapidly gained traction among users worldwide, amassing a...
Two Twitter Alternatives Take Flight This Week—What Are Spill and Threads?
The microblogging war is on, and more challengers are appearing at the gate, eying the crown long worn by Twitter by capitalizing on its shortcomings. Two of these rivals are Spill and Threads. The fi...
Huobi Exchange In Crisis As Collateral And Traffic Decline Raises Red Flags
Key Points: Huobi exchange has been experiencing a decline in collateral since 2020, with low Bitcoin, ETH, and USDT balances. Web traffic to Huobi decreased significantly from 30.2 million to 7.2 mil...
Abracadabra DAO Eyes Centralized Structure for Entity Behind MIM, SPELL Tokens
In a forum post, a project leader called on Abracadabra DAO to support a “transition of power” to a centralized entity complete with lawyers, jurisdictions and trustees. Those trappings of a tradition...
ChatGPT Users Abused Web Browsing Feature So OpenAI Has Turned It Off
ChatGPT creator OpenAI has pulled the plug on its web-browsing feature “Browse with Bing.” “We have learned that the ChatGPT Browse beta can occasionally display content in ways we don’t w...
Nifty Newsletter, June 28–July 4
In this week’s newsletter, read about how stolen nonfungible tokens (NFTs) are sold within three hours after being pinched, and check out AzukiDAO’s plans to take back $39 million worth of Ether (ETH)...
Political Satirist Slammed for Creating Deepfakes of Trump, Biden Cheating on Their Wives
Los Angeles-based video editor and political satirist Justin T. Brown has found himself at the center of a contentious debate thanks to his AI-generated images that portray prominent politicians such ...
Voyager Creditor Committee to Pay $5.2M in Legal Fees From March to May
While crypto creditors wallow, legal firms are raking in the fees. A committee representing unsecured creditors of the bankrupt crypto broker Voyager has been charged $5.17 million in legal fees from ...