Tag Archives: News

Stellar lumen price is attempting a fresh increase from the $0.1132 zone against the US Dollar. XLM price is now trading near $0.1200 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.1195 on the 4-hour chart (data feed via Kraken). The pair could start a decent increase if there is a clear move above the $0.1240 resistance zone. Stellar lumen price is trading above $0.1195 against the US Dollar,...

XRP price started a fresh decline below the $0.658 zone against the US dollar. The price is now trading below $0.650 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.625 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.585 support zone. XRP price is struggling below $0.650 against the US Dollar, unlike Bitcoin. The price could decline...

According to Musk, X Corp will sue Media Matters and several others for a fake plot to paint the social media company as problematic. X (formerly Twitter) owner and Chairman Elon Musk has threatened to file a lawsuit against major advertisers and Media Matters for America (MMfA) for pausing ads on X and allegedly misrepresenting the company’s position on free speech. Musk said the company will file a lawsuit first thing today.  In a post published Saturday, the X Chairman stated: “The...

OpenAI dismissed CEO Sam Altman due to transparency issues. Worldcoin (WLD) faces a 10% drop as Altman’s dismissal shakes the crypto market. The board of directors at OpenAI announced today the dismissal of its CEO, Sam Altman, citing a lack of transparency in his communications with the board. According to the statement published on the OpenAI blog, the board conducted a careful and reflective review process, concluding that Altman was not consistently truthful in his statements,...

The MAS will collaborate with local banks during the pilot, allowing them to issue tokenized bank liabilities on blockchain technology, streamlining the clearing and settlement processes. Singapore is gearing up for a groundbreaking move into the era of Central Bank Digital Currencies (CBDCs), with plans to pilot the live issuance and use of wholesale CBDCs in 2024. As reported by CNBC, Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), announced the plans at...

Strike initially rolled out the BTC purchase feature for customers in the United States, allowing only users in the country to buy the crypto asset at no cost. Crypto payment company Strike has expanded its global services, allowing users in 36 countries, including El Salvador, Australia, and some African nations, to purchase Bitcoin (BTC) directly on the platform using their debit cards. In a recent announcement, the firm revealed plans to extend these services to over 65 countries in the...

Taproot Wizards seeks to bring together developers to build different applications and solutions on top of the Bitcoin Base layer that will maximize the potential of the Taproot upgrade carried out in 2021 To strengthen the innovations in the world of Bitcoin, Taproot Wizards secured new funding to further develop the BTC ecosystem. The successful raise shows increasing momentum and interest in expanding Bitcoin’s capabilities beyond being only a store of value. HOLD ON TO YOUR WIZARD...

The platform includes a Coinbase Commerce button which allows merchants to easily accept payments for goods, services, and donations. In a groundbreaking move towards enhancing the user experience in onchain payments, Coinbase Commerce has unveiled a comprehensive set of product updates. This development, announced in a recent blog post, is set to address the challenges posed by cryptocurrency volatility, making onchain payments more accessible and seamless for thousands of global...

As part of the Stage 2 testnet launch, operators can now register to the network and commence validation for the first App-Verified State (AVS) – EigenDA. EigenLayer, a leading blockchain protocol, has officially launched the Goerli testnet for EigenDA, signaling a significant advancement in its development journey toward the complete EigenLayer vision. The release of Stage 2 follows the successful introduction of restaking on the mainnet Ethereum in June, which saw a robust response from...

Complementing Emu Video, Meta introduced Emu Edit, a precision-focused model dedicated to image manipulation. Meta Platforms Inc (NASDAQ: META), the parent company of Facebook and Instagram, has unveiled a suite of artificial intelligence (AI) models designed to revolutionize video generation and image editing on its social media platforms. According to a company blog post on Thursday, the generative AI tools Emu Video and Emu Edit are designed to help content creators generate videos and...