Market News
Welcome to CoinEdition’s page for Market News! On this page, we’ll talk about all the latest developments in the cryptocurrency and blockchain market. CoinEdition ensures that you, our readers, are up to date with Market News happening 24/7 and from all over the globe. Market News, by definition, is important because these developments can quite literally affect the state of the market and thus your investments. Therefore, it is our responsibility at CoinEdition to compile all the Market News for posterity’s sake and for the sake of your investments. Therefore, grab your Press Releases and Announcements, and let’s dive into the shaky but exciting world of Market News here at CoinEdition.
Terra CEO Sent $7M to Law Firm Before Collapse, Prosecutors Confirm
Terra CEO Do Kwon sent $7 million to Kim & Chang before the ecosystem collapsed, prosecutors confirmed. Kim & Chang was also the legal representative…
‘SEC Tries to Solve Problems That Don’t Exist,’ Says SEC Commissioner
SEC Commissioner criticizes the agency's new approach to crypto regulations. Peirce argues that the proposed rule has no evidence that investors will benefit. The crypto…
U.S. Bill Proposes Two-Year Ban on Stablecoins Backed By Crypto
A U.S. House Committee has introduced a new bill that seeks to ban certain stablecoins for two years. The bill is aimed at restricting stablecoins…
Bo Shen’s Stolen $42M Crypto Assets Still Under Investigation
Investigations are still ongoing over Bo Shen’s $42 million assets stolen in November 2022. The Investor insists he did not authorize the transactions in the…
SEC Commissioner Criticizes Agency’s Approach to Crypto Regulation
SEC Commissioner criticizes the regulatory approach to crypto, calling for a more innovation-friendly environment. Coinbase's Chief Legal Officer, Paul Grewal, thanks Peirce for her statement.…
US’ Payment Stablecoin Bill Poses Issues Along with Advantages
Jeremy Allaire acknowledged US Draft on the Payment Stablecoin Bill as a product of bi-partisan efforts. Allaire told that the bill ensures that digital dollars…
Hundred Finance Lending Protocol Loses $7M to Hack on Optimism
Hackers attacked the Hundred Finance multi-chain lending protocol on April 15, 2023. The breach occurred on the DeFi platform’s Optimism Layer 2 scaling solution. Hundred…
Fine and Imprisonment for Violating Stablecoin Issuance Laws
The US Congress released a discussion draft on the basic requirements of being a stablecoin issuer. An approved subsidiary of an insured depository institution and…
Recent Report Suggests That Crypto Market Is Approaching a Top
Santiment recently tweeted their latest crypto market insights report. The report suggests that the crypto market may be approaching a top. At press time, the…
Twitter CEO Elon Musk Claims AI Figured Out His Coded Tweet
Elon Musk deleted a tweet because he believed it was decoded by Artificial Intelligence. The now-deleted tweet that was allegedly encrypted, read, “AI APT OTT!”.…
