Author: e_cash_top
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Globant names metaverse, blockchain as top tech trends in 2023
[ad_1] Ad Metaverse and blockchain technology will take center stage in 2023, according to Globant’s latest Tech Trends report. Metaverse The tech giant believes the potential of the metaverse will be put to the test this year, and whether it sinks or swims remains to be seen. The report said that billions have been invested…
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Genesis creditors file to restrict bankrupt’s firm intercompany transactions
[ad_1] Genesis’ committee of unsecured creditors filed an objection to the bankrupt’s lender request to continue intercompany transactions, according to a Feb. 20 court filing. The creditors argued that Genesis’ request raises various concerns for the committee because previous intercompany transactions are being investigated. Genesis creditors said the bankrupt firm has yet to provide relevant…
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Distributed EOA accounts coming to EVM chains
[ad_1] Ad Intu — a decentralized account management protocol for web3 designed to make it more user-friendly — emerged from stealth mode and announced its beta launch during ETHDenver Buidl week on February 24th. Intu announced on Feb. 20 that it had secured $2 million in pre-seed funding from notable crypto industry players — including…
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FTX Japan to resume withdrawals on Feb. 21
[ad_1] FTX Japan said it would resume withdrawals for fiat and crypto assets on Feb. 21, according to a Feb. 20 statement. The Japanese subsidiary of the bankrupt exchange said the withdrawals would be processed via the Liquid Japan web platform. FTX Japan said users must confirm their balances and transfer them to Liquid’s platform.…
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Huobi Token gains 24% as the exchange says it will operate in Hong Kong
[ad_1] Huobi’s exchange token experienced significant gains on Feb. 21. Huobi Token (HT) saw a 23.7% increase in value over 24 hours. At 1:20 a.m. UTC, the cryptocurrency was priced at $6.33, its highest value since mid-December. Those gains in value are likely due to Huobi’s plans to begin operating in Hong Kong. In a…
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Conflux spikes over 70% in last 24 hours
[ad_1] Conflux Network (CFX) recorded a 73.65% increase in the last 24 hours, according to CryptoSlate data. The CFX token is being traded for around $0.303 at the time of writing. CFXUSD (Source: CryptoSlate) The current price level also marks a 483.49% increase in the last seven days and a 926.41% spike over the previous…
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Binance CEO weighs in on the notion of “offshore” crypto businesses
[ad_1] Ad Binance CEO Changpeng Zhao took to Twitter on Feb. 19 to suggest that differentiating between on-shore and off-shore businesses constitutes a false distinction. Zhao posted his comments in response to Kraken CEO Jesse Powell, writing: “[Powell] uses the word ‘offshore’ quite often…The term ‘offshore’ appears overly narrow-minded, self-centered, misses the broader picture and…
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Someone forked Bitcoin ordinals NFTs onto Litecoin network
[ad_1] A GitHub user by the name of ynohtna92 has forked the Bitcoin Ordinals protocol to support Litecoin. In the context of cryptocurrencies, a fork occurs when a blockchain protocol is split into two different versions, each running on its own separate network with a shared transaction history. The split may occur due to differences…
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AI crypto search interest drops by 64% despite market gains
[ad_1] Ad Online searches for AI crypto coins have declined by over 64% in the past seven days, despite the sector’s market cap being up 15.76% over the same period, according to CryptoSlate data. AI coin searches down Propreitary data from CryptoSlate also indicates that AI crypto global searches for “AI coins” have continued to…
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Tim Berners-Lee likens crypto industry to dot-com bubble
[ad_1] Worldwide web inventor Tim Berners-Lee said crypto is speculative as its value is based on what people think other people will pay for it in the future rather than hard metrics like revenue. Berners-Lee made the comment during his appearance on CNBC’s “Beyond the Valley” alongside Inrupt CEO John Bruce. Berners-Lee likened the crypto…