The regulatory tension in the United States has caused many large crypto-focused companies to look abroad, and Gemini is no exception. The firm led by the Winklevoss twins has managed to secure a lice...
Category: Tech
Live Tech News Updates.
Cardano’s stats are well and good, but what about ADA?
Whales actively traded ADA as its whale transaction count increased. Market indicators were bearish, but a few metrics were positive for ADA. Cardano’s [ADA] DEX volume spiked considerably last week, ...
Cronos Labs launches second cohort of $100M Web3 accelerator
Blockchain startup accelerator Cronos Labs has announced the launch of its second cohort for the Cronos Accelerator Program. The program, backed by a substantial $100 million investment, aims to suppo...
The Sandbox CEO’s Twitter was hacked, used to promote alleged ‘airdrop’ scam
Arthur Madrid, co-founder and CEO of metaverse project The Sandbox, was the victim of a Twitter account hack on May 26, according to a post from Madrid that was apparently made after he recovered the ...
ECB sums up digital euro prototyping exercise as it nears possible pilot launch
The European Central Bank (ECB) has published a summary of the results of its digital euro central bank digital currency prototyping exercise. The exercise investigated offline use of a simulated digi...
Bullish Case For Litecoin Grows Stronger As LTC Halving Draws Close
Litecoin (LTC) is still trending low like the rest of the cryptocurrency market but one thing that separates the altcoin from the others is its obvious bullish case. Unlike the rest of the market, Lit...
A week filled with exploits and uncertainty for DeFi: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. After a bull...
Neuralink gets FDA approval for ‘in-human’ trials of its brain-computer interface
Elon Musk’s brain-computer interface (BCI) startup, Neuralink, reportedly received approval from the United States Food and Drug Administration (FDA) to conduct some form of “in-human” trials for its ...
Atlanta Fed explains Web3 finance, including XRP ‘international payment medium’
The Federal Reserve Bank of Atlanta has piqued the interest of the crypto community with a recent publication in its Policy Hub series on the implications of Web3 for financial services. The 17-page p...
From memes to multibillion-dollar pumps, scams and rug pulls
Memecoins, or meme cryptocurrencies, started as a cultural phenomenon with the launch of Dogecoin (DOGE) in 2013, inspired by an internet meme and a critique of the wild crypto market at the time. Do...
Shibarium Beta Sets Another Significant Milestone
30 seconds ago | 2 mins read Altcoin News Shibarium beta processes more than 300,000 transactions per day. Shibarium beta has emerged as one of the most prominent contenders. Shiba Inu (SHIB)’s layer-...
Tron [TRX] sustains bullish momentum – Can it reach $0.09?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Tron sustained bullish momentum with 8.5% gains. ...
Chinese city releases policy draft for metaverse industry development
On May 24, the Chinese city of Zhengzhou announced a series of policy proposals to support metaverse companies operating in the region. As part of the initiatives, the municipal government will establ...
OpenAI launches grant for AI democratic governance project
OpenAI, the parent company of the artificial intelligence chatbot ChatGPT, has launched an initiative to bring more democratic input to AI development. In the official announcement on May 25, the com...
Visa, Microsoft and others join Brazilian CBDC pilot
Both national and global companies will participate in the upcoming Brazilian central bank digital currency (CBDC) pilot project. Banco Central do Brasil, the country’s central bank, will begin adding...
Microsoft urges lawmakers, companies to ‘step up’ with AI guardrails
Brad Smith, the president of Big Tech firm Microsoft, has called on governments to “move faster” and corporations “step up” amid a massive acceleration in artificial intelligence development. Speaking...
Will SHIB Create an Outstanding Revolution in Upcoming Q3?
SHIB Burn introduces an affiliate program for token earnings. Web3 advertising system empowers users in the SHIB ecosystem. SHIB burn rate soars, signaling increased community engagement. SHIB Burn, t...
Millennium Solutions Steers Clients Through Economic Uncertainty
MENLO PARK, Calif. & ATLANTA–(BUSINESS WIRE)–As the US and countries around the globe face a very challenging macroeconomic environment, most Venture Capitalists have put the brakes on technology ...
Digital Currency Group to shutter institutional trading unit TradeBlock
Venture capital conglomerate Digital Currency Group (DCG) is closing its prime brokerage subsidiary TradeBlock, citing the state of the broader economy and an uncertain regulatory environment for cryp...
Cardano DeFi Boom Results in More Than 2 Million Transactions in Less Than a Month
Alex Dovbnya In the rapidly growing decentralized finance (DeFi) sector, Cardano has emerged as a key player, recording a staggering 2 million transactions in May Cardano, a major player in the crypto...
Breaking News: Avalanche Emerges as DeFi Powerhouse with Soaring TVL
Avalanche’s platform growth indicates a surge in DeFi adoption. AvaCloud’s launch accelerates business-friendly, code-free blockchain development. Avalanche, a swiftly burgeoning blockchain protocol, ...
Fracton Protocol Introduces hiBAKC, Another hiNFT token on KuCoin
Vladislav Sopov With new instrument for investment in fractionalized NFTs, enthusiasts of Bored Ape Kennel Club (BAKC) NFTs have their investment experience streamlined Contents hiBAKC by Fracton Prot...
ESMA Highlights the Risks of Unregulated Services Through a Public Statement
1 hour ago | 2 mins read Market News ESMA along with NCA released a public statement regarding investment firms. It highlights the purpose of risk management of unregulated services. Regarding the reg...
Not Just Nvidia: These Are the Other Big Winners in the AI Chip Biz
The pandemic may have brought about a storm, but it has also fostered fertile ground for innovation. The rise of AI, led by generative AI tools such as ChatGPT and Stable Diffusion, has not only aided...
WEB3 TALES: Global Web3 Experts Convene at Zagreb Art Museum
Web3 Tales, the first Web3 conference in Zagreb, held on June 1 and 2, 2023 at the Museum of Contemporary Art, will gather world-class Web3 experts from organizations such as Fireblocks, Chainsafe, Un...
Huobi to Launch Hong Kong Venue on June 1: Report
Huobi Global announced gearing up for the launch of its Hong Kong division on June 1st for users in the city-state. The expansion comes in the backdrop of the Hong Kong securities regulator – Securiti...
XRP Getting Squeezed, Here’s What That Means
Arman Shirinyan XRP is under pressure that might lead to positive outcome for holders Contents Demand for Arbitrum drops PEPE still alive In recent trading activities, XRP is exhibiting an interesting...
JP Morgan Files Patent for ChatGPT Finance Clone, IndexGPT
Financial giant JPMorgan Chase filed a trademark application for a finance-themed chatbot called IndexGPT earlier this month. According to the application filed on May 11 with the United States Patent...
DLT Viable Solution For Cross-border, Multi-currency Payments
Advertisement     In a May 18, 2023 press release, the New York Fed and the Monetary Authority of Singapore (MAS) published the results of a research study, known as Project Cedar Phas...
Here’s Why Cardano (ADA) Tokens Are Different from Other Blockchains’
Vladislav Sopov Tokens on second largest PoS blockchain Cardano (ADA) are seamless, secure, customizable and easy-to-transfer, IOG report says Contents Seamless creation, operability, security: IOG na...
Gemini Chooses Ireland as New European Headquarters
1 hour ago | 2 mins read Exchange News The U.S SEC in January charged Gemini with the sale of unregistered securities. Recent events prompted the exchange’s co-founders to begin looking into other jur...
UK Prime Minister Rishi Sunak considering new rules to regulate AI amid concerns of ‘existential threats’
UK Prime Minister Rishi Sunak aims to update his government’s guidelines around regulating artificial intelligence (AI) and its development, The Guardian reported May 26. Earlier suggestions are out o...