In recent trading sessions, the price of Dogecoin has experienced an upward trend, surpassing a significant resistance level. Over the past 24 hours, DOGE recorded a 1.2% increase, and within the last...
Category: Tech
Live Tech News Updates.
Central Bank Digital Currencies: Threat or Opportunity for Big Banks?
In a thought-provoking op-ed for Project Syndicate, former Greek Prime Minister Yanis Varoufakis sheds light on the apprehension surrounding central bank digital currencies (CBDCs) within the US banki...
Dogecoin Transaction Volume Surges: Is the Hype Justified?
Key Points: Dogecoin’s transaction volume reached a new all-time high, outperforming Bitcoin’s peak volume in 14 years. The increase was driven by a flurry of activity due to the minting of DRC20 toke...
Ripple Partner Tranglo Collaborates With UAE’s Largest Personal Remittance Company
Ripple partner Tranglo forms a collaboration with Al Ansari Exchange, the biggest outward personal remittance platform in the UAE. As part of its expansion program in the Middle East, Ripple’s On-Dema...
Hacked Liquidity Protocol Jimbos Offers Deadline to Exploiters Before Onboarding Law Enforcement
Arbitrum-based liquidity platform – Jimbos Protocol – revealed working with multiple security researchers and on-chain analysts after suffering an exploit of around $7.5 million over the weekend. Acco...
FTX’s collateral damage continues, as Singapore’s Temasek announces…
Singapore’s Temasek Holdings will cut the pay of its executives responsible for the failed FTX investment of $275 million. Temasek’s only crypto investment had been made in FTX. Singapore’s state-owne...
Multichain (MULTI) Jumps 34%, What Is Driving This Rally?
Godfrey Benjamin Multichain is leading altcoin momentum despite uncleared rugpull scare The Multichain (MULTI) protocol is seeing a massive bullish revival today in what is baffling investors who have...
Turkish Lira Slumps as Incumbent President Erdogan Retains Power
The suppression of the lira stems from Erdogan’s core idea that economic growth can be hampered by raising interest rates. Turkish President Recep Tayyip Erdogan has retained his seat after winning th...
Xaman App Warns Against Fake Tokens
Xaman warns XRP users and other investors about potential scams involving fake tokens while emphasizing their official stance against token issuance. In a recent statement released by Xaman, the rebra...
Hong Kong Police Launches Metaverse Platform to Combat Cybercrimes
Hong Kong Police launches “CyberDefender” metaverse platform. CyberDefender empowers against technology crimes in Web3 and the Metaverse. Hong Kong Police combat rising virtual asset cases with digita...
Gov’t Targets Foreign Tourists’ Use Of Digital Currency
Crypto enthusiasts visiting the picturesque island of Bali in Indonesia may need to reconsider their preferred payment method. Bali’s government has recently intensified its efforts to discourage tour...
Shiba Inu Burn Volume Jumps 1,450%, Price Shows Weekly Rise
Yuri Molchan Burn rate of prominent meme coin surged overnight as hundreds of millions of SHIB have been taken out for good Contents SHIB burn rate soars, billions of coins destroyed Number of new SHI...
Hong Kong Police Launches New Metaverse Initiative to Explore Threats & Opportunities in Web3
The Hong Kong Police Force has established a metaverse security platform through a specialized unit to educate the public on Web3 dangers. The Hong Kong Police Force has launched a new metaverse platf...
DigiToads interest surges as FLOKI and PEPE volumes increase
Many people are watching high-potential meme coin projects such as DigiToads, Floki, and Pepe Coin, as they have the potential for significant gains. Binance has recently listed Floki and Pepe Coin on...
What’s Next for Polygon (MATIC) Price: Rebound or Downtrend?
The Polygon (MATIC) price began a bounce on May 12 but has not confirmed a bullish reversal yet. The readings from both long- and short-term timeframes suggest that more downside is expected and that ...
China Releases Whitepaper for Web3 Innovation and Development
The whitepaper focuses on different fundamental research areas in the Web3 industries which include artificial intelligence (AI), XR interactive terminals, and content production tools. Beijing’s muni...
InQubeta presale may unlock benefits for XRP and polkadot holders
Several companies have proposed combining blockchain technology with artificial intelligence (AI). At the same time, investors are equally interested in investing in AI projects but require a suitable...
Jimbos Protocol Suffers $7.5M Loss in New Hack as Token Plummets 26%
The incident comes barely three days after Jimbos Protocol launched its version 2. Arbitrum-based Jimbos Protocol may be the latest in a long line of victims of decentralized finance (DeFi) protocol h...
Fines Up To $1.4M And Imprisonment Violators
Key Points: Bali Governor announced strict actions against foreign tourists using cryptocurrencies as payment in Bali. Crypto is allowed as an asset but is banned as a payment instrument in Bali; viol...
Tether (USDT) Stablecoin Market Dominance Rises as USDC Declines amid Global Economic Woes
Tether USDT recently announced that it will regularly allocate up to 15 percent of its net realized operating profits towards purchasing Bitcoin as a reserve currency. The tendency of global policymak...
Terra classic developers delay v2.1.0 upgrade to allow for more tests
In the updated Q2 plan, the L1JTF team is delaying the release of v2.1.0. The project manager for L1JTF, LuncBurnArmy (LBA), said the original release date of May 31 has been moved to June 14 to allow...
Deaton Says XRP FOMO Won’t Kick in Until XRP Hits $2
Pro-XRP attorney John Deaton believes the vast majority of investors will not troop into XRP until the asset breaches the $2 price level. John Deaton, the founder of CryptoLaw and a pro-XRP attorney, ...
Ripple’s Key Partner Joins Forces With Major UAE Remittance Service
Gamza Khanzadaev Ripple partner Tranglo teams up with UAE’s biggest money service provider Tranglo, a well-known collaborator of Ripple, recently unveiled a fresh partnership with Al Ansari Exch...
Does The BRC-20 Tokens Have Application Value Or Is It Just Hyperbole?
The Bitcoin network has been driven crazy by a new token standard called BRC-20. But amid the hype and excitement that the BRC-20 tokens have unleashed, there have been concerns that this new crypto-a...
Level Finance exploiter moves $1m worth of BNB to Tornado Cash
Level Finance, a BNB Smart Chain-based decentralized finance (DeFi) platform, was hacked on May 2. According to on-chain data, the hacker stole over $1m worth of BNB and is now moving the funds. Accor...
Binance Reflects Positive Attitude Toward BRC-20 Token Listings
21 mins ago | 2 mins read Bitcoin News Binance released a comprehensive research report on BRC-20 tokens on May 18. 24,677 BRC-20 tokens have been minted until now. Bitcoin Ordinals and BRC-20 tokens ...
Former Securities Lawyer Says SEC “Could Be Awaiting Ripple Ruling” Before Suing Coinbase
A former SEC lawyer Marc Fagel explains what could be delaying the commission’s enforcement action against Coinbase. Former SEC lawyer Marc Fagel took to Twitter to reveal the possible reasons why the...
Terra Do Kwon Hires Top Law Firm For His Defense In US Lawsuit
Terra co-founder Do Kwon has reportedly hired world’s largest law firm Dentons to help him deal with prosecution and investigation by US federal prosecutors. It’s not the first time Do Kwon is represe...
Why Neutron Could Create A Better Direction For The Cosmos Ecosystem?
Key Points: The first Cosmos blockchain using Replicated Security, Neutron, has been launched. Replicated Security is the first version of the Interchain Security (ICS) feature on Cosmos, allowing blo...
Shiba Inu Trader Turns $30k into $450K with Early Investments
A Shiba Inu (SHIB) trader turned a $30k investment into $450k in three years through successful trades with several tokens, including SHIB. In the crypto scene where fortunes can be made and lost in a...
Whales Accumulate 52M XRP; Should You be Bullish on XRP Price?
XRP price has been closely monitored ever since the final ruling in the Ripple vs SEC case circulated within the markets. Jeremy Hogan, an attorney who is closely monitoring the case, recently shared ...
Ripple Partner Tranglo Collaborates With UAE’s Largest Forex
Tranglo, a strategic partner of Ripple, has announced a significant collaboration with Al Ansari Exchange, the largest outward personal remittance and foreign exchange company in the United Arab Emira...