Lido’s vote for deploying its second iteration on Ethereum sparked positive token response and market interest. With a significant market share and high Total Value Locked, Lido maintains its position...
Category: Tech
Live Tech News Updates.
Cardano Dev Dismisses Speculation of 1M TPS Post Hydra Head Launch
33 seconds ago | 2 mins read Blockchain News Cardano’s Technical Director Matthias Benkort shared his opinions on the rumors. Each Hydra Head is a decentralized “mini ledger” that is shared among grou...
Tether Buys 52,670 Bitcoins in Q1, Set To Outpace MicroStrategy
Tether used some of its profits to buy about 52,670 Bitcoins in Q1, 2023. The stablecoin issuer could outpace MicroStrategy if it sustains accumulation strategy and pace. Tether accrues interest on US...
Solana’s Daily Active Addresses Are Nearing The 1M Milestone
Step Data Insights tweeted yesterday that Solana is nearing the 1 million daily active addresses milestone. The post shows that Solana gained 600k new daily active addresses in just two days. Despite ...
Coinbase Engages Legal And Political Aids In Battling SEC
The largest crypto exchange in the US, Coinbase, has made a notable move regarding the allegation from the US Securities and Exchange Commission on securities law violation. Coinbase engaged a Global...
Here’s What Might Push Cryptocurrency Market Into New Bull Run
Arman Shirinyan Dynamic in digital asset industry suggests that we are on verge of recovery Cryptocurrency markets are showing signs of a blossoming future, as data from Glassnode suggests a potential...
PEPE One Of The Trending Tokens After A 15+% 24 Hour Gain
Lookonchain recently shared a tweet about the buying habits of a particular PEPE whale. According to the post, the whale had bought 2.24 trillion PEPE, and ended up increasing his money by 48x. At pre...
FTX Clawback Progress Brings Hope for BlockFi Creditors
Customers of the bankrupt crypto lender BlockFi are one step closer to recovering at least some of their assets. In a tweet on Saturday, the firm announced that it has filed a disclosure statement wit...
Yaroslav Shakula Believes That Web3 Is The Future
Image source: YARD Hub “…People need to be gently introduced to Web3 and guided around its abilities and power. In this sense, phygital and Web 2.5 are reasonable steps on the way to full-scale ...
PEPE Price Surges as Elon Musk Indirectly Mentions it in Tweet
7 seconds ago | 2 mins read Altcoin News This happened only a few hours after Musk announced Linda Yaccarino as the new CEO. Tesla’s CEO posted a meme that clearly focuses on the US Constitution’s ame...
Rhodium Owes $26 Million to Riot Enterprises; Riot Files Lawsuit
Riot Platforms filed a lawsuit against Rhodium Enterprises claiming that the latter has failed to pay $26 million. Rhodium has been using Whinstone’s mining facilities since 2021 but didn’t pay the se...
Tech stocks’ superb 2023 is about to be shattered by a recession, Bank of America warns
Tech stocks’ early-2023 rally could soon be ‘cracked’ by a US recession, according to Bank of America.Mario Tama/Getty Images Tech stocks have enjoyed an impressive run so far in 202...
Tech CEO explains what’s causing mass layoffs
Despite massive layoffs in the tech industry over the past year, one CEO is in hiring mode. Fred Voccola, the CEO of Miami-based software company Kaseya, discussed why the industry is struggling and h...
Luminar Tech CEO Russell to acquire majority stake in Forbes
(Reuters) -Luminar Technologies CEO Austin Russell will buy a majority stake in Forbes Global Media Holdings in a deal that values the business news publisher at nearly $800 million, Russell and Integ...
Ripple CLO to SEC: Common Interest Is Not Same as Common Enterprise
Ripple accuses SEC of stretching the Howey test in the legal battle. Ripple’s Chief Legal Officer criticizes SEC’s stance on “common enterprise”. Attorneys attack SEC’s argument on XRP fungibility, co...
GateToken (GT) to Finish at $10 As Yachtify (YCHT)’s Presale Bonus Entices Investors
GateToken (GT) is expected to continue its impressive run well into the second half of the year. It is also expected to reach $10 by the end of 2023, even though it will face competition from Yachtify...
Can memecoins be used as real currency?
Memecoins’ security and dependability as a medium of exchange remain a topic of debate in the cryptosphere. Memecoins are said to be safe and decentralized, but some are concerned about thei...
Rhodium Was Accused Of Owing $26 Million In Hosting Fees
Key Points: Whinstone US, a subsidiary of cryptocurrency miner Riot, claims Rhodium owes it $26 million in hosting costs. Riot originally made the charges public in its first-quarter earnings release....
ZkSync Outperforms Polygon in Terms of Total Value Locked
ZkSync has been outperforming Polygon in terms of TVL over the past few weeks. Since the launch of zkSync’s Era and Polygon’s zkEVM, the zkSync ecosystem has been growing rapidly. The crypto data libr...
Dogecoin Traders Watch For A Breakout
Dogecoin (DOGE) has been one of the most talked-about cryptocurrencies of 2021, thanks to the involvement of high-profile figures like Elon Musk and Mark Cuban. Its value skyrocketed earlier this year...
Uwerx (WERX) Holders Are Enjoying More Gains, And Analysts Believe Conflux(CFX) And Voyager(VGX) To Follow Same Footsteps
Crypto projects are steadily increasing in the market, and with many cryptos circulating, it should be easy to pick one, but that is never the case. This is because the market witnessed major downward...
BRISE Gains 21% In 24 Hours
BRISE, the native token of the Bitgert blockchain, has recorded some significant positive price movement in the last 24 hours. Although the BRC-20 token is still trading in the red zone, it appears to...
‘Significant risk’ of US Treasury running ‘out of funds’ soon: Report
The United States government faces a “significant risk” of no longer being able to meet all of its financial obligations as early as June, as per a recent report. According to a May 12 report publishe...
Apecoin And Dogetti Pioneering Innovation
SPONSORED POST* Apecoin (APE) has stood out in the crypto market with its unique approach to NFTs. Meanwhile, Dogetti (DETI) prides itself on its strong community bonds along with an incredible select...
Tether Holds $3.4 Billion In Gold Reserves, Nears ATH Market Cap 1 Year Post Terra Collapse
Tether (USDT), the world’s largest stablecoin by market capitalization, was one of the dollar-pegged cryptocurrencies to have been affected by the collapse of the Terra ecosystem. Now – a year later, ...
Cryppo and Noku: challenge at the Metaforum
The second edition of Metaforum will be held on 7 June in Milan, at Palazzo delle Stelline. Among the partners and sponsors will be Noku and Cryppo, two projects related to NFT and the gaming world. F...
BRC-20 Tokens Lose 40% Market Cap In 7 Days
The crypto market has been looking to consolidate following a major price correction earlier in the week. One market that has felt the brunt of this correction is BRC-20 token which has suffered a maj...
Apple and Other Tech Stocks Have Had a Good Year. Small Caps Are Another Story.
Text size The S&P 600 index is down about 3% this year. Spencer Platt/Getty Images At a glance it looks like the stock market is having a strong year with the S&P 500 up about 8%, but those ga...
Litecoin [LTC] hovers above key support zone – is a reversal likely?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bulls looked to defend $80 support level. There w...
One million TPS Is Not Enough For Cardano (ADA) Hydra
Table of contents Facing ‘deluding’ Cardano (ADA) community, Benkort backs 2 million TPS Cardano’s Hydra to help manage big data in the smart contract arena The actual bandwidth and ...
First Solar Shares Soar on Purchase of Swedish Solar Tech Firm
Key Takeaways First Solar bought Sweden’s Evolar for up to $80 million. The company said the deal will accelerate developing the next generation of solar technology. The news sent First Solar sh...
PEPE: What you need to know before you write off this memecoin
PEPE posted double-digit gains in the last 24 hours. On-chain data revealed that sell-offs were still underway. A few days ago, memecoin Pepe [PEPE] was on track to cross the $2 billion market capital...