Tech News

A new CEO for Solana-based blockchain project, Metaplex, has been hired. Adam Jeffries, a former developer that Google was announced on Wednesday as the CEO for the NFT marketplace. Metaplex partners with Solana Labs to mint and sell non-fungible tokens. The marketplace was launched in the month of June and, since then, has picked up […]

A disgruntled group of Texas law enforcement personnels are suing Tesla following an unfortunate incident that happened on Monday. The lawsuit follows, after one of Tesla’s Model X on Autopilot, crashed into five officers of the Texas Police Department. The suit was first reported by KPRC 2 in Houston. According to eye witness reports, the […]

Ford has just partnered with SK Innovation, a South Korean manufacturer, and will be spending a combined $11.4 billion to build new factories for the production of its electric vehicles (EVs), as well as the batteries that will power them. The new factories, which are located in Tennessee and Kentucky of the U.S., will be […]

The Cardano blockchain has been reportedly chosen to pilot the powering of the AI modules of Grace, a humanoid robot. Grace, who is said to be fluent in both the Korean and English languages, is actually designed by Awakening Health and SingularityNET. The robot nurse will be quite a useful one, even on the commercial […]

Cryptocurrency-related crimes have been on the rise due to a lack of proper knowledge and regulations as well. A recent report revealed that a college student for robbed on knifepoint from his dorm room. This type of crime will strike fear in the heart of every student who is investing in cryptocurrencies. With the rising popularity […]

Cardano, the world’s third-biggest crypto by market cap, has chosen Chainlink and Dish Network as new partners. While plenty of partnerships are being made in the crypto industry, this partnership deserves a special mention. Recently, Billy Gibbons also announced that he would be releasing his NFT collection on Cardano. In a recent announcement by the […]

The British parliament has commenced an inquiry into matters around the adoption of a digital pound. The house called on the public to submit evidence to support the adoption of such an innovation in the country. Calls for a CBDC have increased globally with many countries in different stages of research, implementation, and testing. In […]

Crypto adoption is gradually becoming an issue for most of the world’s governments. This year saw a widespread surge in crypto investment and adoption as well. While there are plenty of central banks planning their own CBDCs, the Chinese Central Bank (PBoC) is one of the first to do so. Although the Chinese Central Bank […]

Cryptocurrency exchange, Huobi Ventures stated on Thursday that Huobi Trust Hong Kong ended the month of August with over $1 billion in virtual assets. The Chinese-based trust is licensed and operates in Hong Kong. It provides custody services for cryptocurrency assets. The company was registered in April as a Hong Kong trust company. Now, it […]

On Wednesday, Jerome Powell, the chair of The United States Federal Reserve, said that one should not rush in the development and implementation of any Central bank digital currency (CBDC). He said that the Fed is still exploring the promises of bringing a new digital currency for the nation, but it has not decided on […]

Most governments worldwide are worried about the regulations and monitoring of stablecoins. On the other hand, China is planning to bring a Yuan-pegged stablecoin for crypto trading. This coin is the ‘offshore Renminbi.’ Chris Banbury, the chief of global operations at Conflux stated in an interview that the firm would offer its tools and advanced […]

The vulnerability of cryptocurrency exchanges is a huge concern for every investor. For this reason, white hat hackers are constantly looking for issues in the infrastructure of blockchain projects like Sushiswap. Sushiswap gained a lot of popularity after it forked from Uniswap. But a white-hat hacker has claimed to have found a vulnerability that could prove disastrous […]

Swiss litigation fintech, Liti Capital SA, is launching ScamBusters to fight cryptocurrency fraud cases. The new tool will allow users to decide by voting which crypto fraud cases the company should take up. So far, Liti Capital has secured a healthy bouquet of cases. The largest of the cases is well worth over $1 billion […]

Bitcoin.org has yet again been hit by a distributed denial of service or DDoS attack. Cøbra, the anonymous owner of Bitcoin.org took to his Twitter to announce that the site was compromised with the hackers putting up a scam notice. Bitcoin developer, Matt Corallo also corroborated the news warning users of the site of the […]

At the moment initially supporting BTC and ETH only, Investment Bank BTG Pactual’s new crypto trading platform plans to permit its users to trade a good range of altcoins. Leading Brazilian investment bank BTG Pactual has launched a replacement platform enabling customers to create direct investments in cryptocurrencies. The bank’s Mynt platform currently allows users […]

USA trading platform Robinhood ( Read Robinhood app review ) has been test driving its highly anticipated crypto wallet as users clamor for more functionality. The millennial investor loved trading portal is edging closer to launching a long-awaited app that may enable its growing user-base to send and receive cryptocurrencies. A beta version of Robinhood’s […]

Almost $13 million worth of tokenized Bitcoin has been stolen from the DeFi hack on Binance Smart Chain-based cross-chain platform called pNetwork. Decentralized Finance DeFi platform pNetwork has become the most recent protocol to hackers on Binance Smart Chain, reporting a loss of almost $13 million worth of Bitcoin. According to a Twitter thread published […]

NFTs and DeFi are two of the most important trends the investment world has seen this year up to date. While non-fungible tokens NFTs rise to an entire new digital marketplace for art investors, decentralized finance DeFi has provided investors with a different landscape for using currencies freed from conventional limitations. While NFTs have gained […]