Search Results for: Technical

Japan’s Financial Watchdog Believes Deregulating Crypto Does Not Necessarily Propel Technical Innovation

After assuming the helm of Japan’s Financial Services Agency mandated with overseeing the monetary sector in July, Ryozo Himino has voiced his reservation of promoting cryptocurrency trading. As reported by Reuters on August 5, he believes that deregulating cryptocurrencies does not necessarily propel technical innovation.  Emphasis on CBDC Himino noted that Japan should keep a … Continue reading Japan’s Financial Watchdog Believes Deregulating Crypto Does Not Necessarily Propel Technical Innovation

Square Wants Less Technical User-Friendly Cryptocurrency Wallets

Square Crypto, the cryptocurrency arm of the online payment service provider Square Inc is set to fund the development of user-friendly crypto-wallets without the technical difficulties as seen in some wallets that are currently prevalent in the space. As revealed by Square Crypto, the grant will be given to Maggie Valentine, a designer working to … Continue reading Square Wants Less Technical User-Friendly Cryptocurrency Wallets

Kraken Experiences Technical Issues as Bitcoin Smashes New High of over $46,000

Bitcoin surged to new highs yesterday, touching $46,912.30 on CoinMarketCap before pulling back. In the last 24 hours, it has been trading up 18.36%. Amid Bitcoin’s new highs, Kraken’s platform experienced huge technical issues that locked many of its clients out of their accounts. Users reported that they were not able to connect to the … Continue reading Kraken Experiences Technical Issues as Bitcoin Smashes New High of over $46,000

Ethereum Suffers from Chain Splits Due to Technical Issue, over 54% Network Affected

The Ethereum network has suffered a chain split as some validators were running operations on the older versions of the Ethereum network. Client Geth were cut off from the main network. This occurrence of the incident as validators cut off refused to update their software to suppress the impact of a bug in the network. … Continue reading Ethereum Suffers from Chain Splits Due to Technical Issue, over 54% Network Affected

Manchester United Selects Blockchain Firm Tezos as Technical Partner

Manchester United has inked a multi-year deal with Tezos, a proof-of-stake (POS) blockchain provider, as the club’s training kit sponsor.  The new partnership came after the deal expired with AON last season; Manchester United’s first-team squad will, therefore, team up with a Tezos-branded training kit.  In a statement, Man. Utd. said that it chose Tezos because … Continue reading Manchester United Selects Blockchain Firm Tezos as Technical Partner

OpenSea Briefly Delisted Several Azuki NFTs Due to Technical Error

On Friday, the larger NFT marketplace, Opensea, delisted the once-known blue chip NFT collection, Azuki. As word spread about the delisting, the Azuki NFT collection quickly took to Twitter to clear all misconceptions. The Azuki team stated, quoting the BAYC tweet of when they also got delisted back in June: “We have reached out to … Continue reading OpenSea Briefly Delisted Several Azuki NFTs Due to Technical Error

CoinList addresses withdrawal "FUD" with technical delays

After a blogger tweeted that users reported being unable to withdraw funds for over a week, CoinList, a cryptocurrency exchange and Initial Coin Offering (ICO) platform, took to Twitter to address “FUD” This came after the blogger tweeted that the situation had sparked fears that the company was having liquidity issues or was insolvent. A … Continue reading CoinList addresses withdrawal "FUD" with technical delays

Bitcoin Price Aanlysis: Key Technical indicators to watch

Key Technical indicators to watch In our previous analysis, we observed that both the major support and resistance levels remain operative. Presently, Bitcoin is in a consolidation phase in the short term. Taking a look at the 4-hour chart, we can note that Bitcoin has been on a downward trajectory since its peak at $31,000. … Continue reading Bitcoin Price Aanlysis: Key Technical indicators to watch

Shanghai, China, Launches a Comprehensive Technical Initiative for the Metaverse (2023-2025)

The Shanghai Municipal Science and Technology Commission announced today the release of its “Shanghai Metaverse Key Technology R&D Plan (2023-2025)”. The plan revolves around the key technology dimensions of the Metaverse, including content, computation, transmission, and terminal technology, integrating domestic and international industrial development trends and local research and development foundations. The ambitious plan focuses … Continue reading Shanghai, China, Launches a Comprehensive Technical Initiative for the Metaverse (2023-2025)

Bitcoin Retreats to Around $30k: Decoding the Technical Indicators and Regulatory Factors

In today’s market developments, Bitcoin has retracted to around $30k, weighed down by various technical factors and a series of recent regulatory interventions. Techinical analysis An initially strong Bitcoin rally has given way to resistance, largely due to the continued downward trend of the monthly Bollinger Bands’ midline. In June, this midline stood at 31409, … Continue reading Bitcoin Retreats to Around $30k: Decoding the Technical Indicators and Regulatory Factors

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