Market News

Mastercard, in collaboration with major US banks, is pioneering a new frontier in financial technology by testing shared-ledger technology as per Bloomberg report. This innovation aims to enable the seamless...

Daan Crypto Trades, a full-time crypto trader and investor, offers a pragmatic perspective on Bitcoin’s recent price fluctuations. Despite market euphoria and apprehension, Daan Crypto emphasizes the importance of patience...

Swing Voters Skeptical of Crypto’s Potential to Solve Financial System Woes, Survey Finds A recent survey conducted in six swing states reveals that while a majority of voters view the...

Indonesia Commodity Futures Trading Regulatory Agency, Bappebti, has set up a special committee to monitor the country’s growing cryptocurrency sector. Plt. Head of CoFTRA Kasan disclosed this information during the...

Ethereum co-founder Vitalik Buterin believes all of the best strategies for quantum-proofing piggyback on recursive STARKs. In a recent post on X, Buterin noted that the best thing to do...

Former President Trump’s unconventional foray into the world of non-fungible tokens (NFTs) continues to make headlines, with reports emerging of a lavish Mar-a-Lago dinner scheduled with supporters who splurged thousands...

Three American sports celebrities have agreed to pay $2.425 million in monetary relief as settlements over the allegation that they promoted the now-bankrupt cryptocurrency exchange, Voyager Digital. A publicized agreement...

For the second month in a row, venture capital investment in the cryptocurrency sector has exceeded $1 billion, indicating the market’s continuous expansion. April saw a total of $1.02 billion...

In a recent development, Susquehanna International Group, a global quantitative trading firm, revealed that the firm holds about $1.3 billion in investments in 10 Spot Bitcoin Exchange Traded Funds (ETFs)...

The U.S. Securities and Exchange Commission (SEC) has officially filed its redacted remedies reply brief and supporting exhibits in the ongoing case against Ripple. The filing is now publicly available...

Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), appeared on CNBC’s “Squawk Box” on May 7, 2024, addressing key issues surrounding financial oversight and regulation.  The SEC...

The United States Securities and Exchange Commission (SEC) and American fintech firm Ripple have filed their respective briefs in the ongoing lawsuit filed by the former against the blockchain payments...

The bankrupt crypto exchange FTX recently filed their anticipated Reorganization Plan in the United States Bankruptcy Court for the District Court of Delaware. The firm has planned the “centralized distribution”...

In a recent revelation, the team behind the peer-to-peer trading platforms LocalMonero and AgoraDesk announced the firms’ closure. As per the official notice, the platforms are being shut down due...

Hong Kong has taken a major step towards solidifying its position as a digital asset hub with the launch of its first-ever ETF liquidity fund. The $1 billion HKD (approximately...

The Australian Taxation Office (ATO) is scrutinizing an estimated 1.2 million crypto-related accounts for potential tax discrepancies. According to reports, this action comes amid increasing crypto awareness in the country,...

QCP Capital received initial regulatory approval to operate in Abu Dhabi. The Singaporean firm reported $60 billion in 2023 crypto derivatives volume. UAE’s crypto-friendly policies continue as Binance secures VASP...

A new study by Visa and Allium Labs shares the idea of stablecoins becoming widely used for everyday transactions. The study reveals that a staggering majority (over 90%) of stablecoin...

According to Bloomberg reports, Nigeria has declared its intent to outlaw Naira peer-to-peer transactions due to perceived negative impacts on the local currency.  Emomotimi Agama, the Director General of the...

Wu Blockchain reports significant net inflows into Bitcoin spot ETFs on May 6, totaling $217 million. Grayscale’s ETF, GBTC, saw a notable single-day net inflow of $3.937 million, while Fidelity’s...

Renowned crypto lawyer Bill Morgan thinks there is a lot of bad blood between the crypto industry and the U.S. Securities and Exchange Commission (SEC) that could degenerate into a...

With blockchain adoption on the rise, Ethereum developers are reviewing several Ethereum Improvement Proposals (EIPs) for the upcoming major update, Pectra. One such consideration is the EIP-3074 due to its...

The prominent global crypto exchange KuCoin has partnered with Bugcrowd, the leading crowdsourced cybersecurity platform, to enhance platform security. KuCoin announced this new security-focused collaboration in a recent press statement...

The future of crypto in the United States is shrouded in uncertainty due to the ongoing regulatory difficulties American crypto companies face. As a result, leading crypto businesses are moving...

A hacker involved in last year’s massive hack of Poloniex crypto exchange has reportedly transferred 1,100 Ethereum (ETH), valued at approximately $3.4 million, to the U.S.-sanctioned cryptocurrency mixer Tornado Cash...