With artificial intelligence (AI) often generating fictitious and offensive content, Anthropic, a company helmed by former OpenAI researchers, is charting a different course—developing an AI capable o...
Category: Tech
Live Tech News Updates.
NFTs Undergo Rapid Financialization, Report Finds
A new report reveals that the financialization of non-fungible tokens (NFTs) is rapidly progressing, with NFTs evolving in complexity and interactions, such as trading, lending, and borrowing, becomin...
Shiba Inu (SHIB) Cracks a Massive Burn of $3B Tokens
11 mins ago | 2 mins read Altcoin News $3 billion worth of SHIB tokens transferred to a dead wallet, skyrocketing burn rate. SHIB gains 1%, with a rising market cap and increased trading volume. Bla...
Digital asset investment products see outflows for 4th consecutive week totaling $200M
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...
DJs Polo & Pan Put a Fresh Spin on Chess Piece NFTs in Immortal Game
This story comes from GG. Your Web3 Gaming Power-Up Discover GG You’ve never played chess like this before. In a new crossover, chess video game Immortal Game and electronic musicians Polo & Pan h...
Why Ripple and Token Holders Are in Jeopardy
The United States Securities and Exchange Commission (SEC) launched a lawsuit against Ripple Labs, the company responsible for the crypto XRP. The SEC asserts that Ripple carried out an unregistered s...
SEC Reduces LBRY’s Fine From $22 Million To $111,000 After Revision of Punishment
The US Securities and Exchange Commission (SEC) has revised the initial punishment against a blockchain-based content provider, LBRY. It has significantly reduced the penalty from the previous $22 mi...
Binance Struggles, Tough Days for Industry Ahead
Binance faces fierce competition, and rough times are on the way for the crypto industry. Do Kwon may soon be freed, but the SEC may have found another victim within the industry, namely mining. Meanw...
Litecoin Halving To Depict Bold Stance As Prepares For a Bull Chart!
After every 840,000 blocks, every four years, the reward for mining Litecoin is halved. Since its inception in 2011, the blockchain has seen two halving events. On August 2, 2023, at block 2,520,000, ...
SEC Relieves LBRY of $44M Burden, Seeks Only $111K Penalty
The Securities and Exchange Commission (SEC) on Friday asked a court to reduce a $22 million penalty levied against LBRY, recognizing that the decentralized publishing platform may not be able to affo...
G7 Offers Muted Support for CBDCs
Officials of the world’s largest advanced economies have recognized the potential benefits of central bank digital currencies (CBDCs). But they cannot quell the voices warning about the dangers to pri...
Chainlink Automation Goes Live on Optimism: Enhancing DeFi Capabilities
Chainlink Automation goes live on the Optimism network, bolstering DeFi capabilities. The collaboration aims to provide secure and reliable data transfers for DeFi applications. Optimism’s Layer 2 sol...
‘Blights Wrath’ Is a Tough RPG Like ‘Dark Souls’—Built on XRP
This story comes from GG. Your Web3 Gaming Power-Up Discover GG Equilibrium Games is the indie game developer and publisher behind Blights Wrath, a PC action role-playing game (RPG) inspired by belove...
Twitter Transformation: Cryptocurrency and Future Prospects
In the dynamic world of social media, the winds of change are blowing once again, this time from an unexpected direction. Twitter, the troubled microblogging platform, is on the cusp of a transformati...
BNB traders have reason to rejoice as this DEX development comes to light
BNB witnesses a surge in DEX volumes, however, TVL continues to decline Sentiment around BNB falls despite the rise of activity on the social front According to recent data, DEX volumes on the BNB cha...
Minneapolis Fed president Kashkari weighs in on CBDC: ‘Handwaving word salad’
President of the Minneapolis Federal Reserve Bank Neel Kashkari participated in a fireside chat at the Minnesota Transportation Conference & Expo on May 15. While he spoke mostly about topics unre...
Optimism Announces Mainnet Bedrock Upgrade On June 6
Key Points: Optimism’s Bedrock upgrade for its mainnet uses optimistic rollups to bundle multiple transactions, improving efficiency. Bedrock upgrade requires node operators to deploy a new node, but ...
Soluna stock rises after Navitas makes $14m investment
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto mining data center Soluna Holdings (SLNH) shares experienced a significant 12.25% increase on May 15 as it annou...
Mawson Infrastructure Group Reports Q1 2023 Financial Results; Selected Unaudited Financial Highlights for Q1 FY 2023
Total Revenue of $7.67 Million Group Gross profit of $2.99 Million Record Hosting revenue of $4.32 Million Energy Markets Revenue of $0.44 Million 121 Self-mined Bitcoin SHARON, Pa.–(BUSINESS WIRE)–Ma...
Tether Boasts Record Profits—But Reserve Claims Remain ‘Dubious’, Says Former SEC Attorney
A lively discussion between a former Securities and Exchange Commission enforcement attorney John Reed and Tether’s CTO, Paolo Ardoino, ensued after the attorney tweeted a fierce criticism of the comp...
Lido (LDO) Bulls Lock Horns For A Rally Ahead Of V2 Update
May 15th marks a new dawn for the Ethereum liquid staking protocol, Lido Finance, as it seeks to launch the highly anticipated V2 update on its platform. According to Lido contributors, the V2 update ...
$500K worth of stETH redeemed in 3 hours as Lido enables withdrawals
The Lido liquid staking protocol has enabled Ether withdrawals for the first time, according to May 15 data from Parsec Finance. Over 260 Lido Staked Ether (stETH) was redeemed for its underlying Ethe...
Cardano: Will Surge in Social Engagements Spur ADA’s Prices? Looking into…
Cardano (ADA) has recently experienced a surge in social activities, creating a lively atmosphere around the platform. These social engagements’ magnitude has been impressive, indicating a growing int...
Billionaire investor says the Fed is done raising rates, risk assets may benefit
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Billionaire investor and hedge fund manager Paul Tudor Jones thinks that the United States Federal Reserve (Fed) is don...
Upbit and Bithumb Exchanges Raided by South Korean Authorities
3 hours ago | 1 min read Market News Prosecutors in South Korea have conducted a raid on the two crypto exchanges. The lawmaker Kim Nam-kuk resigned from his political party. The prosecutors in South ...
South Korean Prosecutors Raided UpBit and Bithumb HQs (Report)
South Korean prosecutors have reportedly raided the offices of the two leading cryptocurrency exchanges in the country – Upbit and Bithumb – as part of an ongoing investigation against Kim Nam-kuk. T...
Big Short Michael Burry is Buying Distressed Bank Stocks
The implosion of some of the popular regional banks in the United States earlier in the first quarter was bad news for many investors, however, for “Big Short” investor Michael Burry, the calamity app...
Fantom (FTM) Price Surge Hints At Bullish Trend, What’s Ahead?
Fantom (FTM) has been on a bearish movement since April 19, 2023, resulting in a loss of about 30%. The price decline contributed to the negative market sentiment around the asset, making it hard for ...
Digital asset market shrinks as fund outflows reach $200M: CoinShares
On May 15, European cryptocurrency investment firm CoinShares published its latest “Digital Asset Fund Flows Report,” which revealed that digital asset investment products experienced another week of ...
Argentina Central Bank Raises Interest Rates To 97% To Curb Inflation Crisis: Report
Key Points: Argentina Central Bank raised interest rates to 97% to combat inflation amidst economic uncertainty. The government plans to obtain international support for its dwindling foreign reserves...
FLOKI listed on 3 new exchanges amid meme token bull market
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Floki (FLOKI), the popular dog-themed meme token, was listed on three cryptocurrency exchanges on May 15, pushing the t...
Uwerx’s (WERX) Presale Performance Has Made It A Favorite Alongside Trending Cryptos, Arbitrum (ARB) And Sui (SUI)
Analysts have taken notice of a new crypto project, Uwerx, a project that could revolutionize the global gig economy. The Uwerx presale is currently experiencing high demand, which has reflected in it...