Day: 28 July 2022

After a tough week for the cryptocurrency market, during which Bitcoin (BTC) fell below the $21,000 mark due to worries about an impending interest-rate hike by the Federal Reserve, the leading token is back above that threshold, prompting investors to speculate whether its price could reach the desired $30,000 by ...

The United States Federal Trade Commission (FTC) has filed a lawsuit against Meta and its CEO, Mark Zuckerberg, to prevent them from allegedly owning everything related to the metaverse technology.  According to its Press Release, the FTC claims that the lawsuit is intended to halt Meta's plans to "acquiring Within ...

Blockchain technology is revolutionizing several sectors through the introduction of decentralized finance, secure transactions, and other remarkable innovations. Blockchain and distributed ledger technology (DLT) are disrupting almost every industry, from finance to healthcare, energy, telecommunications, and supply chains.  However, many people confuse distributed ledger technology with blockchain. The term "blockchain" ...

According to a new proposal made by the Harmony blockchain network, the platform’s developers plan to distribute ONE tokens as compensation to the victims of the June Horizon bridge hack.  A statement released by Harmony on July 26 revealed that the refund proposal is a component of the platform's strategy ...

Johnny Lyu, the CEO of KuCoin, has announced on his Twitter page that the exchange will launch an "Anti-FUD Fund" to combat FUD in the cryptocurrency space. The goal of the fund is to reduce FUD through education and by taking legal action against proponents of FUD or FUDders who ...