[PRESS RELEASE – New York, United States, 10th January 2023] The program aims to help Web3’s rising stars boost their media presence, community growth, and brand awareness in exchange for project toke...
Category: Tech
Live Tech News Updates.
A-Z of what went wrong with Bithumb exchange and the road ahead
The National Tax Service (NTS) of South Korea is conducting a “special tax examination” on Bithumb Korea and Bithumb Holdings. The authorities have also looked into Kang Ji-yeon and Kang Jong-Hyeon, t...
Bulls Could Aim $0.4 or Higher
Ripple is gaining pace above the $0.350 resistance zone against the US Dollar. XRP price could rise further if it clears the $0.3720 resistance zone. Ripple is currently rising above the $0.35 resista...
Here’s Who Pushed Gala (GALA) up 145%: Details
Gala, the native token that powers Gala Games, a blockchain gaming company, has been on an absolute tear. Santiment, an on-chain analytics firm, notes that its market cap has nearly tripled since the ...
Russia pushes foreign CBDC transactions as sanctions tighten
Amidst continuous sanctions imposed on Russia for its invasion of Ukraine, the country is accelerating its CBDC program. According to the Jan. 9 report, Russia’s central bank will research two potenti...
XRP Now Most Traded Token Among Top 100 BSC Whales
– Advertisement – XRP recently flipped Aave (AAVE) to secure the top position amid the latest market-wide rally. XRP is currently the most traded token among the top 100 Binance Smart Chai...
Coinbase to wind down Japanese operations amid global staff cuts
Coinbase is closing down a majority of its operations in Japan and laying off staff located there, according to Bloomberg News. On Jan. 11, Coinbase’s Vice President for Business Development, Nana Mur...
These Major Flaws Are Weighing Down DeFi Protocol Growth
Decentralized finance (DeFi) is in the doldrums. The hype of the past couple of years has waned, and several protocols have failed to gain traction. DeFi collateral has tanked by 77.6% since its all-t...
Coinbase continues with layoffs – The Cryptonomist
Coinbase is continuing with its company cutbacks, announcing the layoff of another 950 people from its team. This was publicly announced by the CEO and co-founder of the crypto platform, Brian Armstr...
A Seattle tech worker inspired by the movie ‘Office Space’ swiped $300K from his employer in an alleged software scheme — here are the 3 simple ways to protect your money online
A Seattle tech worker inspired by the movie ‘Office Space’ swiped $300K from his employer in an alleged software scheme — here are the 3 simple ways to protect your money online The 1999 c...
YFI’s recent surge says this about Yearn Finance’s latest market movements
Yearn Finance ( YFI) launched a new DeFi feature to allow users to earn through various trade strategies YFI continued rising even after a 7% increase in value over the past week The launch of the Yea...
Santiment Reveals Bullish and Bearish Takes on the Market
Santiment provided takes on the recent market condition. LDO is in the process of building the top and in the final stage of divergence. MVRV is below the dangerous ‘overbought’ level for a number of ...
New Wallet Receives 3.3T Shiba Inu From Unknown Whale
– Advertisement – Over $29.93 Million Worth of Shiba Inu (SHIB) moved from an unknown whale to a brand-new wallet. Etherscan.io data reports that the brand-new whale has just received an a...
BlockFi Seeks the Court Remain Their Personal Data Confidential
2 hours ago | 2 mins read Exchange News BlockFi creditors have asked that their details be kept private. BlockFi shares concerns about identity theft and becoming a target for hackers. BlockFi, an onl...
Bitvavo rejects DCG’s 70% repayment proposal
Crypto exchange Bitvavo rejected Digital Currency Group’s (DCG) proposal to repay 70% of its debt because the embattled firm has sufficient funds to make full repayment, according to a Jan. 10 stateme...
Transform Your Investment Strategy with HedgeUp
SPONSORED POST* Cryptocurrencies underperformed the overall market in 2022. Most investors were left with a sour test as most coins imploded from record highs. The collapse of Terra stablecoin and FTT...
Voyager-Binance Deal To help Customers Recover 51% of Pre-Bankruptcy Assets
The Federal court has approved a proposed deal for cryptocurrency lender, Voyager Digital, to sell its assets to leading cryptocurrency exchange, Binance, for $1 billion, following the approval vote o...
Binance.US And Voyager Deal Granted Initial Approval Amidst Probe
Voyager Digital, the bankrupt crypto lender, has received initial court approval for the proposed sale of its assets to Binance.US. The nod comes amidst an ongoing national security probe regarding t...
Xiaomi-Backed Lidar Startup Hesai Planning to File for US IPO
The details of the IPO have not been disclosed, but if Hesai proceeds with all the steps on time, it might be the first Chinese company to launch an IPO in the US this year. Hesai Technology, the Chi...
Is XRP an investor favorite this financial quarter? These updates state that…
Coinshares report showed that investors were accumulating XRP as they dumped BTC and ETH Despite the increased accumulation, holders of XRP were still holding at a loss A recent Coinshares report show...
Voyager Gets Green Light To Sell Customer Accounts
Binance.US got one step closer to fully acquiring Voyager Digital, a crypto company that went belly up recently. According to to a report by Reuters, Voyager Digital won preliminary court clearance f...
Sam Bankman-Fried, FTX’s Disgraced Founder, Has Been Arrested
Sam Bankman-Fried – the man behind now failed digital currency exchange FTX – has been arrested while stationed in the Bahamas and is being extradited to the United States, where he will face criminal...
Introducing Civilization Network, the Gate to DEFI
press release PRESS RELEASE. In the crypto world, 2022 was one of the most challenging years. In the wake of the FTX bankruptcy, users lost trust in centralized exchanges and began to question the sec...
US lawmakers call on court to approve ‘independent examiner’ in FTX bankruptcy case
A bipartisan group of four United States senators has criticized one of the law firms involved in the bankruptcy case of crypto exchange FTX for conflicts of interest. In a Jan. 9 letter to Judge John...
Will Celsius Users Receive Their Tokens?
Alex Dovbnya It is now exactly clear what will happen to the tokens of those users who had their XRP holdings on the now-defunct Celsius platform during the snapshot event The users of Celsius, a fail...
Ripple Partner SentBe Launches International Money Transfer Service in U.S.
– Advertisement – Ripple’s partner and South Korea’s leading fintech company, SentBe, has launched an international money transfer service in the United States. Following the launch of Sen...
CBDC Settlement System in Full Force in Russia and the EU
Central Bank Digital Currencies (CBDC) implementation continues to see new development in 2023. From Europe to Russia, all have taken significant steps to fasten the process. But at what costs? Over ...
Twitter is working with Stripe Payments to provide a “Coins” feature
Join Our Telegram channel to stay up to date on breaking news coverage Twitter is still working on a new feature that will let users award each other with “Coins” that can be bought with fiat money. T...
Tom Brady, & Coinbase Among The Major FTX Shareholders
The FTX collapse in 2022 has brought down many companies and individuals who were in relation with the company. The firm filed for Chapter 11 bankruptcy in November 2022 after which its founder and CE...
A CBDC may not displace private stablecoins
The United Kingdom has made it clear that it remains dedicated to becoming a world leader in the cryptocurrency industry, and that stablecoins would receive immediate attention. Economic Secretary An...
Huobi’s Market Share Crumbles Amid USDD Depeg
Seychelles-headquartered crypto exchange – Huobi Global – has been in trouble for quite some time now, which has translated into losing significant market share. The company has been mired in controve...
Ripple Execs Predict Increasing Utility As Key Driver 2023
A few days ago, Ripple Labs’ Managing Director for Europe, Sendi Young, shared her predictions for 2023, as Bitcoinist reported. Now, in a new blog post, other Ripple executives have also shared what ...