A crisis is a terrific catalyst for innovation. When things are going smoothly, it’s easy to nod and agree to a concept like this; however, this belief can easily go out the window when the wheels are...
Category: Tech
Live Tech News Updates.
Nexo Office in Bulgaria Reportedly Raided Over Financial Violations
10 hours ago | 2 mins read Exchange News As a result of the raid, NEXO has resorted to Twitter to elaborate. The company also claimed they went the additional mile to meet all applicable laws. The Rus...
Chainlink, Decentraland, Dogecoin and Avalanche
After a 2022 in tears and blood for almost all cryptocurrencies, the new year opened with a green sign, but with an apparent change of direction (too little time to be sure) strong volatility also ret...
Paytm Shares Decline Following Alibaba Affiliate’s Alleged Sale of Stake Worth $125M
Digital payments firm Paytm saw its stock decline markedly after a shareholder offloaded 19.20 million shares. Paytm shares suffered an 8.8% decline on Thursday following a series of block deals recor...
Sam Bankman-Fried Pledges Personal Assets To FTX Customers: Pre-Mortem Report
– Advertisement – Summary: The FTX founder published a pre-mortem report claiming Alameda Research was the victim of a coordinated attack. Sam Bankman-Fried said he believes FTX US is solv...
DCG Looking to Sell Off Some Assets as Genesis Owes Creditors Over $3B: Report
Digital Currency Group (DCG), the parent company of wholly-owned subsidiary, crypto brokerage firm Genesis, is reportedly looking to offload some of its venture capital portfolios to raise funds to co...
Nexo offices reportedly raided by police in Bulgaria
Troubled cryptocurrency lender Nexo is facing more pressure from regulators, with its offices reportedly raided as part of an international investigation. A group of prosecutors, investigators and for...
XRP and Cardano (ADA) Products Launched by Major Exchange
Gamza Khanzadaev New investment products linked to two of top 10 cryptocurrencies by market cap are launched by black-and-yellow crypto giant Leading cryptocurrency exchange Binance, as part of the ex...
Curve DAO Token Bleeds to $0.6651 as Market Downtrend Continues
Curve DAO Token price analysis shows a bearish market sentiment today. CRV has struggled to maintain the support level of $0.6506. Resistance to cryptocurrency is found at the $0.6816 mark. Curve DAO ...
S&P downgrades Coinbase debt to speculative
The most recent wave of layoffs at Coinbase has led to a dramatic drop in investor confidence in the company’s ability to pay its debts. The credit rating agency cited decreased trading volumes at Coi...
ETHDenver’s #BUIDLathon and Community-Owned Innovation Festival Returns in February 2023
Free, community-funded event is an incubator and launchpad for blockchain projects DENVER–(BUSINESS WIRE)–ETHDenver, the world’s largest and longest running annual Ethereum event, is returning in Febr...
Nexo-linked addresses see outflows of nearly $9M amid rising FUD
On-chain data shows that addresses related to crypto lender Nexo are recording outflows following news of financial crimes investigations by the Bulgarian government. Crypto intelligence platform Arkh...
Digital Currency Group May Offload Assets to Pay $3 Billion Debt
As the crypto market continues to evolve and mature, one of the industry’s major players, Digital Currency Group (DCG), is facing a significant financial crisis. According to sources familiar with the...
SBF Breaks Silence During Home Arrest; Gives Details on FTX (In)solvency
Sam Bankman-Fried (SBF) has released a written statement detailing his account of FTX and Alameda Research’s collapse, including approximations of each firm’s financials before it took place. The for...
Cardano takes the lead in development activity, but what about ADA?
Cardano experiences a timely resurgence of development activity. ADA bulls might lose their dominance as price enters the overbought territory. Cardano [ADA] is demonstrating growth in multiple areas,...
SBF Launches Substack, How Much Is He Charging Per Year?
FTX founder Sam Bankman-Fried (SBF) reappeared on Substack on Thursday and repeated that he did not “steal funds” in what seemed to be an outline of his legal case. SBF, currently unemploy...
Ripple CTO Claims That You Lose Nothing If You Sell Now
Flare Airdrop News: The much anticipated Flare network token airdrop for Ripple’s native crypto, XRP holders finally happened after major digital asset exchanges support. However, Ripple’s CTO seems t...
Cathie Wood sees ‘wall of worry’ ignoring blockchain tech, digital wallets and ChatGPT
Ark Invest founder and CEO Cathie Wood said equity markets plagued by a “wall of worry” have “largely ignored” game-changing innovation last year that included blockchain techn...
Industry execs expect more big players to jump in
Despite the bullying that gamers inflict on traditional gaming companies dipping their toes into nonfungible tokens (NFTs), executives working within the NFT gaming industry are hopeful that more trad...
Trillions of SHIB Moved by Whales as Price Jumps 11% Weekly
Yuri Molchan Enormous amount of meme coins has been moved to brand new wallet as price goes up by nearly 11% Contents 3.3 trillion SHIB on the move SHIB price shows weekly jump of 11% Whale Alert cryp...
SFC Restricts Retail Investors to Highly Liquid Digital Assets
Julia Leung Fing-yee announced that the SFC has decided to restrict retail investors to highly liquid digital assets. She was reluctant to give specifications on the digital assets but stressed that t...
DCG scrambling to raise funds to cover Genesis’ $3B debt burden
Embattled crypto lender Genesis owes over $3 billion to its creditors, the Financial Times reported on Jan. 12, citing sources familiar with the matter. The lender owes $900 million to users of Gemini...
Orange Financial To Launch Innovative Yield Farming Treasury
Orange Financial, a multi-chain yield farming treasury, is excited to announce its public mint date on February 1st, 2023. As the only NFT project to offer stablecoin rewards through yield farming to ...
Geneva, Switzerland, 12th January, 2023, Chainwire
Orange Financial, a multi-chain yield farming treasury, is excited to announce its public mint date on February 1st, 2023. As the only NFT project to offer stablecoin rewards through yield farming to ...
Cimu Games Integrates Ready’s Tech to Bring Its Successful Runest…
Gibraltar, Gibraltar, 12th January, 2023, Chainwire Cimu Games has announced that it is using Ready Games’ web3 game development tools to re-release its million-selling Runestone Keeper. The web3-enab...
Avalanche [AVAX] gains 25% in a day, thanks to the Amazon AWS
AVAX rallied to gain over 25% within 24 hours in a recent rally. The rally is tied to the recent Avalanche partnership with Amazon AWS. Even though the market may be in a downturn, Avalanche [AVAX] ha...
Price Surges Over 25% In The Week
Cardano News Updates: Cardano is rallying as its price has jumped up this week by 21.63%, as a result of whale accumulation resuming. Bitcoin price has also surged and crossed the 18000 mark. The cryp...
Polkadot Breaches $5, These Levels Remain Crucial For DOT
Polkadot has finally managed to break past the rigid price resistance mark of $5. Over the last 24 hours, DOT increased by more than 6%. In the past week, the coin has secured double-digit gains. Bitc...
Nigeria revisits its payments landscape amid sluggish eNaira adoption
Nigeria’s central bank will explore the potential of stablecoins, the adoption of blockchain technology to power a central bank digital currency (CBDC) and regulatory considerations related to initial...