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.
BobaBNB, the leading multichain Layer 2 (L2) solution on BNB Chain, reached a remarkable milestone by breaking a new transaction record last month. With a staggering 3,073,042 transactions in May, BobaBNB experienced a significant surge compared to the previous months. April witnessed 2,863,240 transactions, while March recorded 585,818. These numbers
Ethereum founder Vitalik Buterin drops a bombshell on Twitter, he claims that MPC-based EOAs are fundamentally flawed because they cannot revoke keys, “Smart Contract Wallets are the only option” In a recent Twitter Ask Me Anything (AMA) session conducted by Vitalik Buterin, he made a significant revelation regarding the flaws
Coinbase, the leading crypto exchange, has shared that Canadian lawmakers have recently released a comprehensive report that unequivocally supports the adoption and integration of blockchain technology. This significant move by the Canadian government marks a pivotal moment in the global blockchain landscape. Moreover, it creates expectations and anticipation throughout the
Judge Lewis Kaplan refused Sam Bankman-Fried’s petition to throw out or sever most of the allegations in his thirteen-count criminal indictment, dealing a huge blow. Sam Bankman-Fried is the founder of FTX and Alameda Research. Sam Bankman-Fried (SBF) has been accused of running a multibillion-dollar Ponzi scheme using his crypto
Cardano (ADA) is one of several leading cryptocurrencies whose value has recently plummeted due to the U.S. Securities and Exchange Commission’s (SEC) onslaught on Binance and Coinbase. Cardano’s creator, however, claims that the ADA ecosystem is expanding even if the market is volatile. Cardano’s creator Charles Hoskinson presented data that
On Tuesday, June 27, MicroStrategy, the biggest corporate holder of Bitcoins, announced the acquisition of Bitcoins (BTC) for an astounding $347 million. MicroStrategy CEO Michael Saylor made the latest disclosure on Tuesday, stating that the company has acquired 12,333 Bitcoin. On Twitter, Saylor sent the following message: “MicroStrategy has acquired
In a significant move, Fidelity, the American multinational financial services corporation, is reportedly making strides towards submitting a spot Bitcoin Exchange Traded Fund (ETF) filing. This step demonstrates a potentially transformative moment in the global crypto market’s evolution. Additionally, financial analysts argue that launching a spot Bitcoin ETF could revolutionize
One of the prominent Bitcoin mining businesses, Riot Platforms, has spent $162.9M on 33,280 “next-generation” Bitcoin miners for its Texas data center. The purchase of the mining rigs from supplier MicroBT is well ahead of Bitcoin’s next halving cycle, which is expected to occur around the middle of 2024. The
Crypto miner Hut 8 said it has secured a $50 million credit facility with Coinbase Credit. The North American crypto miner said in a statement that it plans to utilize the loan funds for “general corporate purposes.” Thus, giving it more leeway financially and allowing it to better manage its
On June 26th, Robinhood Markets announced that they will be laying off around 7% of its full-time staff. This equates to around 150 people. This change is being implemented as the company attempts to combat declining client engagement. The organization stated: “We’re ensuring operational excellence in how we work together
