The ParaSwap DAO community has agreed to use the funds in its treasury to compensate hack victims. The proposal was submitted by the ParaSwap decentralized autonomous organization (DAO) on April 4, bringing the idea of using the funds to refund the AugustusV6 contract victims. ParaSwap DAO agrees to compensate victims The community came to a…
Whale of the SHIBA removed 692 billion shib from the Crypto.com exchange and sent it to an unknown wallet, which is estimated to be worth a total of $19.26 million USD. This meant the transactions cost a whopping 1.56.00 onl. It was this transfer that triggered a host of inferential dialogue pertaining to both the…
Philippines Securities and Exchange Commission (SEC) PhiliFintech Innovation Office Chief Paolo Ong has said that the agency cannot sign off on new methods to withdraw from Binance after its potential ban. Recall that the Philippines SEC ordered the country’s National Telecommunications Commission (NTC) to block access to some exchanges due to their unlicensed status. Philippines…
The Open Network (TON) developers have announced plans to incentivize users to verify their identity using a new palm technology. According to the update, the network has set aside about $5 million in incentives for users who wish to participate in the project. The TON society which constitutes the developers building on the network will…
Decentralized exchange (DEX) aggregator 1inch network has announced a significant achievement in the Web3 space. According to its 1inch.io/1inch-launches-a-web3-debit-card-in-partnership-with-mastercard-and-crypto-life/” rel=”nofollow noopener” target=”_blank”>announcement, the DEX is teaming up with finance-retik/” data-type=”post” data-id=”508244″ target=”_blank” rel=”noopener”>crypto card developer Baanx and payments firm Mastercard to roll out its Web3 debit card. The statement said that the card would be…
PancakeSwap, a well-known DEX, partners with Stryke (once Dopex) to accommodate the first-in-class CLAMM Options Trading. This joint initiative the next step for DeFi, as it brings for the first time options trading to the Ethereum sidechain. by providing the domestic options traders with some A-CLAMM formats, will be able to take advantage of numerous…
The memecoin market has been experiencing a remarkable ride to the top, thanks to some overwhelming gains experienced by some of these tokens. However, some market participants including Mechanism Capital co-founder Andrew Kang believe that a new class of tokens will outshine the regular ones. According to his post on X, Kang believes that culture…
Mustafa Suleyman pours down his thoughts in words in the form of his book, The Coming Wave. His book seems to be providing a passing look at technocratic chatter. But the book itself claims to be the work of a writer (Mustafa Suleyman) who is the ultimate insider of the tech industry, which he no…
With the advent of the ai era, a growing need for certain types of semiconductor chips is noticeable since the majority of industrial applications based on ai are conducted on such chips. ai has many problem-solving applications, and some companies play the chips needed for extensive computing and data processing in the leading place of…
Man, things just got really interesting for Indian traders. KuCoin just announced a major update effective April 10th – a 1% Tax Deductible at Source (TDS) on the proceeds from Virtual Digital Assets (VDA) transactions. This has the Indian crypto community sitting up and taking notice. The tax deducted will find its way to the…
Apple aficionados and tech watchers equally eagerly are waiting for and look forward to the unveiling of iOS 18 which is expected to happen during the Worldwide Developers Conference (WWDC) next year, on June 10-14. This update is highly anticipated among Apple fans for sure as it provides the opportunity to upgrade the iOS system…
One of the largest waste management providers, FCC Medio Ambiente, wants to install ai systems to detect waste items improperly disposed of in waste bins, starting in Madrid, Spain. Improper waste disposal, particularly littering or dumping outside designated bins, has been a major headache for cities and residents. Madrid Turns to ai to Resolve Improper…
Oppenheimer analysts have raised the price target for Alphabet Inc (NASDAQ: Also, the foundation of the interview is the role of Google (NASDAQ: GOOG), the core company of the giant technology Google. The changed figure suggests the company expects that Google will put ai voice search technology deeply into its search, leading to a better…
The condition where the workplace is rapidly changing, the incorporation of generative ai tools, largely consisting of ChatGPT is surging massively, particularly among the younger generations, as indicated by a recent Pew Research Center report. This development was observed in two waves. By February 2024, the share of U.S. adults who used ChatGPT reached 23%…
In a strategic move following the acquisition of Activision Blizzard, the news came down from Xbox and Microsoft that they are shifting some roles and moving some departments around. The alteration is designed around game preservation, leveraging on user experiences, as well as the competition in hardware and platforms. Internal reorganization By a recently released…
Spotify continues the integration of ai and music streaming by presenting the launch of the ai Playlist feature, which is available for Android and iOS users, mostly in the United Kingdom and Australia. So, we developed this distinct and customized feature to boost users’ enjoyment and produce a playlist after determining user prompts using ai…
Identifying promising assets with significant growth potential is essential for maximizing returns. While the market is replete with opportunities, certain cryptocurrencies stand out for their innovative technology, strong fundamentals, and favourable buying opportunities. Among these, Solana (SOL), Bonk (BONK), and Retik Finance (RETIK) have emerged as top contenders, offering investors a chance to capitalize on…
Blockchain technology has enabled the tokenizing of real–world assets (RWAs) like real estate, art, and commodities, making these assets more accessible, divisible, and liquid through digital tokens on a blockchain. This digitization disrupts traditional industries, particularly real estate, where platforms like Blocksquare facilitate fractional ownership, increase liquidity, and widen investment access. RWAs have significantly impacted…
There’s no such thing as a free lunch, and there’s always a level of risk with any kind of investment. But in order to earn a return on your capital, you’ve got to be willing to tolerate some sort of risk. That’s most definitely the case in the crypto lending industry, which many might consider…
The sizzling temperature in Delhi during summer reaches its highest peak, with power demand soon to become a record-setting 8000 MW, reaching an all-time high. Among the distribution companies (discoms) having TRSES Delhi Distribution Limited and BSES Rajdhani Power Limited as its members, there are specified action plans that govern the interruption of electricity supply…
