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.
The effects of 2022’s events continue to hang heavy over the crypto market. While the value of several cryptocurrencies has increased since the beginning of the year, many cryptocurrency businesses continue to struggle. Consequently, layoffs are still commonplace. Circle, the leading stablecoin issuer, has laid off employees. As a result,
Charles Hoskinson, the founder of Cardano, has recommended to Algorand (ALGO), a competing blockchain system, that the layer-1 network move its code to Cardano. The founder of Cardano responded to a tweet from the chief technical officer of the Algorand Foundation, John Woods, by making a public appeal for participation.
XDC Network, a leading blockchain platform is delighted to announce its strategic partnership with SolidityScan, a prominent blockchain security firm. This partnership sets the stage for a dynamic collaboration aimed at bolstering security measures and fostering innovation within the blockchain ecosystem. 🚨Partnership Alert🚨 We are excited to announce that we
Coinbase wallet users may now communicate with one another through instant messaging utilizing their Ethereum identities. The Extensible Message Transport Protocol (XMTP) is the backbone of this new function, which enables users to send messages to one another using blockchain addresses. Coinbase said in a blog post that it has
Spielworks, a blockchain-based gaming firm, has collaborated with Web3 platform Mycelium Network to provide a refund scheme for sales of non-fungible tokens (NFTs). In a press release, the team noted that participants in the program who purchase “Reverties” (a kind of NFT) are entitled to a complete USDC return. Users
In an effort to boost market transparency, the Financial Services Commission (FSC) of South Korea has mandated that beginning in 2024, crypto firms that issue or possess cryptocurrencies include particular crypto disclosures in their financial statements. The new law mandates that cryptocurrency enterprises disclose their coin’s revenues, volume, and market
The United States District Court for the District of New Hampshire has released its final judgement in the case of SEC v. LBRY. The court rules that LBRY, Inc. violated Section 5 of the Securities Act of 1933 and penalizes the company accordingly. In light of the continuing legal struggle
In the world of the crypto market, the Bitcoin Exchange Traded Fund (ETF) has caught the attention of the crypto community. Recently, the former chairman of the U.S. Securities and Exchange Commission (SEC) stated that the Bitcoin ETF should be approved. While these things are going around, Cboe, the global
In recent discussions on Twitter, industry experts and observers have raised concerns over the taxation policies implemented in India, particularly those affecting the crypto and gaming sectors. Sumit Gupta, CEO of CoinDCX, and Twitter user Ravisutanjani have voiced their apprehensions regarding the potential negative impact of taxes on these industries.
Algofi, a decentralized finance protocol operating on the Algorand blockchain, has announced its decision to cease operations due to a combination of factors that have made it challenging to maintain the protocol at its desired level of quality. The platform, which facilitates lending, borrowing, and trading, will soon transition into
