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.
Kasikorn Bank in Thailand Acquires 97% Shares of Satang Exchange for $103M
Kasikorn Bank in Thailand acquired 97% of shares in the Satang crypto exchange. The deal was carried out through a new K-Bank subsidiary called Unita…
Criminals Stole Only $1B in Crypto in 2023 Amid Increasing Hacks
DeFiLlama shows cybercriminals have stolen $1 billion in crypto so far in 2023. The stolen amount dropped by 60% from what was stolen in 2022.…
Uphold Will Not Use Customer Funds for Ripple Payments Transactions
Uphold announces its plans to purchase XRP on the open market for Ripple Payments transactions across borders. Ripple recently announced its strategic partnership with Uphold…
Proposed X Payment System Would Replace Bank Accounts: Elon Musk
Elon Musk revealed plans to turn the social media platform into an all-encompassing financial hub. According to Musk, X users would no longer need bank…
New 80 Wallet Hacked, $4M+ Crypto Stolen from 25 LastPass Users
LastPass hack results in about $4.4 million crypto theft from 25 investors. Crypto security expert warns against entrusting mnemonic phrases to third-party services. Over 80…
Bitcoin Miner Files Form S-3 to SEC; Plans To Raise $750 Million
Bitcoin Miner Marathon Digital filed a Form S-3 to the US SEC, announcing plans to raise $750 million. This week, Marathon Digital shares have risen…
Neo Introduces EVM-Compatible Sidechain to Combat MEV Attacks
Neo's sidechain development has had a significant impact on the Neo token's market performance. The sidechain aims to create a more secure and equitable environment…
US Lawmakers Seek DOJ Investigations into Binance and Tether
Tether responds that it had collaborated with 31 law enforcement agencies across 19 jurisdictions. U.S. lawmakers have urged the Department of Justice (DOJ) to open…
CHZ Face Minor Dip Despite Chiliz’s ‘No More Governance Hurdles’ Announcement
Chiliz announced on X that they had recently added development as part of their “mission to bring blockchain technology to the world of sports and…
Sam Bankman-Fried Remains Coy During Cross-Examination Over FTX
SBF agreed to transfer FTX's account from Alameda to North Dimension. AUSA questioned SBF on using auto-delete settings during conversation with lawyers. The embattled former…
