In this category of TheNewsCrypto, you will see the latest news, top headlines, opinions, current affairs, and much more from around the globe. The section only has handpicked articles by our experienced and profound editors to keep you updated with trends and stay ahead of the pack. Never miss any important news as we make sure this section is regularly updated with only the mainstream and impactful events of the cryptocurrency world.
In November 2022, the crypto world witnessed a shattering chapter in its history with the collapse of FTX, a once-prominent crypto exchange. What initially appeared as a mere accounting oversight soon unveiled itself as a massive fraud, resulting in the loss of billions of dollars for customers and investors. Shockingly,
The legal advisory landscape is undergoing rapid transformation in the United Arab Emirates, particularly in Dubai, where a new generation of techno-legal firms is taking centre stage. These firms are embracing “Law 2.0,” a forward-looking approach, to provide crucial compliance and regulatory assistance. Adding to it, Dubai’s proactive stance in
Cardano founder Charles Hoskinson recently confirmed plans to enable stake pools to validate transactions on the new Midnight blockchain. During an Oct. 10th livestream with Midnight CEO Eran Barak, Hoskinson provided an update on the data privacy-focused network first unveiled at IOG’s 2022 summit. Midnight leverages innovative cryptography to enable
The escalating Hamas-Israel confrontation is having repercussions beyond the realm of politics. There are also indications of trouble in the cryptocurrency sector. Bitcoin and other cryptocurrencies are already feeling the heat. Traditional equity investments have seen a decline in popularity among investors. The trend now is clearly towards safer assets
Crypto tracker Whale Alert recently detected two massive XRP transactions totaling nearly 60 million tokens worth over $59 million. The transfers were sent from a wallet linked to Ripple Labs to the digital asset exchanges Bitstamp and Bitso. Each transaction carried over 29 million XRP. Ripple has moved large sums
Solana’s inflows spiked dramatically last week, putting it above all other altcoins and even Bitcoin. According to a new report from Coinshares, Solana has been receiving a lot of attention due to its recent achievements. The cryptocurrency has gathered about $24 million, marking its greatest influx since March 2022. The
Blockchain tracker Whale Alert detected the transfer of nearly 90 million XRP tokens worth over $45 million recently. The shifts come as new possibilities emerge in the long-running Ripple lawsuit following a denied appeal bid. According to Whale Alert, Ripple transferred 60 million XRP valued at $31 million to an
The price of Bitcoin did not see enough volatility over the weekend to push it beyond $28,000 as bearish sentiment looms. Moreover, the bulk of altcoins, including the top 20, have been stuck in a flat trend, with an inclination towards the downside. An in-depth analysis of the Solana ecosystem,
Ripple, the 5th-largest cryptocurrency, could be gearing up for a rally, according to some analysts weighing market risk factors. Glassnode co-founder Negentropic recently tweeted that the current volatile crypto environment may set up willing risk-takers for gains in large-cap coins, including Ripple. He cited declining risk levels similar to those
Cardano co-founder Charles Hoskinson has dispelled certain myths and clarified some worries about the Hydra project. Hoskinson made a concerted attempt to clarify and transparently dispel claims of dishonesty over the throughput capacity of Hydra in a recording released on Wednesday. In order to improve Cardano’s scalability, the protocol, which
