Binance will cease deposit and withdrawals support for Multichain-bridged tokens Polkastarter (POLS), Alchemy Pay (ACH), Alpaca Finance (ALPACA) and Travala (AVA. The tokens are minted on BNB Smart Ch...
Category: Tech
Live Tech News Updates.
Attention: Orbiter Finance Will Compensate Users Damaged By The June 1 Discord Attack
Key Points: Orbiter Finance announced a compensation scheme for users affected by the Discord attack on June 1. The compensation scheme is divided into three categories based on user losses, with full...
BAYC Hits 20-Month Low
The floor price of the Bored Ape Yacht Club NFT collection has dropped to the lowest in the last 20 months. BAYC Drops Below 30 ETH The forecast does not look good for NFTs, as the most popular colle...
Binance Australia Offices Raided by Securities Regulator
Binance is facing regulatory challenges in multiple jurisdictions worldwide. Binance, the world’s largest cryptocurrency exchange, faces intensified regulatory scrutiny as authorities search its offic...
Binance ceases support for deposits and withdrawals of suspended Multichain-bridged tokens
Binance cryptocurrency exchange has announced it is ceasing its support of deposit and withdrawal services for a range of Multichain-bridged tokens, effective from July 7, 2023. Binance has officiall...
Stellar or Litecoin – Why Choose When Golteum Offers the Best of Both Worlds in Multi-Asset Web3 Trading?
As the cryptocurrency market continues to evolve, investors are faced with a plethora of choices. Stellar (XLM) and Litecoin (LTC) have established themselves as prominent players, each with unique fe...
Hong Kong Scholars Propose HKD Stablecoin Backed by Government
42 mins ago | 2 mins read Altcoin News The scholars want to create a stablecoin that can compete with market leaders. They also argued that a local stablecoin may assist in de-dollarization efforts. H...
Can the Bulls Push for $2,700?
Ethereum (ETH) price has hovered between $1,930 and $1,960 after another unsuccessful attempt at crossing the $2,000 range this week. While on-chain data currently present risks of an Ethereum supply ...
Binance Stops Depositing And Withdrawing Of Multichain Tokens From July 7th
Key Points: Binance will suspend support for deposits and withdrawals of Multichain cross-chain bridge tokens from July 7. The announcement comes after Deposits for Multichain Bridge Tokens were suspe...
European Stocks Open Lower as Investors Worry about Downturn in Global Economy
There is a marked reduction in European stocks largely caused by the general apprehensiveness in the global economy. Stocks in the European market opened lower on Wednesday as general uncertainty cont...
Curve Finance Loses Staking Momentum to DEXs Despite High TVL
Messari has identified a drop in the staking momentum of Curve Finance. Curve Finance has also suffered a reduction in incentives and yield. Messari revealed that Liquid staking protocols now use DEX ...
Australian authorities invade Binance offices amid probe
In a significant turn of events, authorities in Australia have launched a surprise raid on the premises of Binance, the world’s largest cryptocurrency exchange, Bloomberg reported today. According to ...
Ault Alliance, Inc. Regains Compliance with NYSE American Continued Listing Standards
LAS VEGAS–(BUSINESS WIRE)–$AGREE #AGREE–Ault Alliance, Inc. (NYSE American: AULT) a diversified holding company (“AAI,” or the “Company”) announced today that on July 3, 2023, the NYSE American LLC (“...
US federal judge rules Kraken must hand over user information to IRS
The U.S. District Court for the Northern District of California has ruled that digital asset exchange Kraken must provide the Internal Revenue Service (IRS) with account and transaction information co...
Exciting: DBS Saw First Customer Using e-CNY Collection Solution In China
Key Points: DBS becomes one of the first international banks in China to offer an e-CNY merchant collection system. The technology enables DBS China corporate clients to collect payments in e-CNY and ...
Shares of K-Pop Dip after Investigation by South Korea’s Antitrust Watchdog
South Korea’s Fair Trade Commission has launched an investigation on charges of power abuse in large entertainment firms such as SM Entertainment, YG Entertainment, and Hybe. On Wednesday, July 5, th...
Polygon Bags Its Second Partnership With the Indian Government
An Indian state has partnered with Airchains and Polygon to implement a blockchain-based land ownership system. The collaboration aims to tackle the pervasive issue of fraudulent land document mutatio...
OOKI price plummets despite the market-wide bull run
With its native governance token, OOKI, down by 95% from its all-time high (ATH), Ooki Protocol has struggled since its creation in late 2021. Since November last year, the Ooki DAO (decentralized aut...
Terraport Rugger Makes off with Additional 590 Million LUNC
The attacker of the Terra Classic-based Terraport platform has made off with an extra 590 Million LUNC, triggering claims of TerraCVita negligence. reXx, an active Terra Classic (LUNC) community membe...
Australian Financial Authorities Reportedly Search Binance Offices
12 mins ago | 2 mins read Exchange News ASIC has decided to investigate the derivatives business of Binance Australia. Binance Australia decided in April 2023 to shut down its derivatives business. Au...
Lido Sustains Weekly Run With 16% Gain
Lido (LDO), a prominent player in the decentralized finance (DeFi) space, has emerged as a frontrunner in the rapidly expanding Liquidity Staking Derivatives (LSD) sector. Amidst the turbulence cause...
Dogecoin (DOGE) Price Breakout Could Lead to Long-Term Rally
There has been a rebound in the price of Dogecoin (DOGE) on shorter timeframes, leading to a breakout from a diagonal resistance. But, there are still noticeable concerns regarding its long-term prosp...
Microsoft, Amazon, Nvidia Stocks Hit As China-U.S. Tech War Escalates
Text size Semiconductors are the focus of tensions between China and the U.S. Dreamstime Stocks exposed to the recent tensions over technology between China and the U.S. were reacting on Wednesday aft...
AAVE hikes as holders vote on converting 1,600ETH into rETH and wstETH
Aave holders are voting on a governance proposal to convert 1,600 ether (ETH) to wstETH and rETH. Aave currently earns a yield of 1.69% from the ETH that it has staked on the Aave v2 platform. At pres...
Cardano’s DJED Stablecoin Faces Critical Liquidity Problem
Cardano’s algorithmic stablecoin, DJED, is facing a significant challenge. According to recent reports, DJED, which is issued by Coti, has failed to maintain its essential reserve ratio between ...
BREAKING: Haru Invest, Delio Caused Damage Up To $230 Million For Investors
Key Points: Investors sue Haru Invest, Delio, and B&S for breaching the Capital Market Act. Loss to investors is estimated at up to $230 million, with recoverable assets expected to be less than h...
Is The Downward Correction In Gold Over?
After testing the $2,070 level (see chart) and creating a triple top, gold prices have corrected and are now testing support levels. Whether the slide in gold from its recent highs is over is a functi...
Deaton: SEC Illegal Expansion Can Make Grocery Oranges Securities
Pro-XRP lawyer accuses the SEC of unconstitutional expansion in the crypto market. He supported his argument with historical facts and legislative actions. Lawyer says SEC’s regulatory approach could ...
Mark Cuban and John Reed Stark spar over FTX collapse
In a fiery debate, billionaire entrepreneur Mark Cuban and former securities official John Reed Stark sparred over the collapse of FTX and the subsequent accountability of regulators in the cryptocurr...
XRP Set to Form Golden Cross After 3 Years, Price Expected to Soar 720%
XRP is currently gearing up to form a golden cross after three years, fueling anticipations of a price rally, with a 720% rally projected by analysts. XRP is showing signs of a promising future despit...
XRP Lawyer Makes Sensational Argument in Support of Coinbase
XRP holders’ attorney John Deaton, the founder of CryptoLaw, has taken to Twitter to present compelling facts in support of Coinbase’s claims against the SEC. He started by asking his Twit...
India negotiates cross-border CBDC payments with global central banks
The Reserve Bank of India (RBI) is currently in dialogue with its counterparts from at least 18 other countries on the possibility of cross-border payments in the “digital rupee”. The report about RB...