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.
Despite the electric vehicle (EV) titan reaching eight-month highs and up over 28% in June, the Cathie Wood-led Ark Invest business cut large Tesla stock holdings on Tuesday. The investment management business received $8.6 million in exchange for selling 31,500 of Elon Musk’s Tesla shares. Ark Invest, led by Cathie
Although Apple removed a potentially harmful software that pretended to be the cryptocurrency hardware wallet Trezor, a simple search showed that numerous imitation applications were still available. Using such an app can directly lead to the loss of funds and account breaches by exploiters. Rafael Yakobi, managing partner of Crypto
In a significant move towards the adoption of blockchain technology in traditional banking, JP Morgan, one of the world’s leading financial institutions, has recently partnered with six Indian banks for blockchain-based interbank dollar settlements. This development sends a clear message to the financial world: blockchain technology has the potential to
On June 20, 2023, Tuesday, Romanian prosecutors caught Andrew Tate and raised an indictment for his illegal activities including rape and trafficking. Furthermore, the court has seized some of his possessions such as fifteen luxury cars, fourteen watches, and 21 Bitcoin (BTC) worth $560,000 respectively. Moreover, Tate has been kept
Industry participants seek to allow leverage of four to 10 times for retail players, according to the Japan Virtual & Crypto Assets Exchange Association (JVCEA). Customers may now only borrow twice as much as they are risking. Regulators in Asia have been seeking to introduce crypto-friendly policies to allow more
On Monday, the Basic Court of Montenegro decided in favor of the prosecution in the passport falsification case, convicting Terra co-founder Do Kwon and former CFO Han Chang-joon. Within the next six months, Montenegrin officials will have completed their investigation and legal process necessary to extradite Terra co-founder Do Kwon
The UK Financial Conduct Authority (FCA) has granted the request to deregister Binance Markets Limited (BML) made by the world’s biggest crypto exchange, Binance. Due to increased scrutiny from authorities, Binance Markets Limited did not launch its services and had zero consumers. Binance, a popular cryptocurrency exchange, is having further
Following Elon Musk’s accusation of being a “scam crypto account,” the Twitter account of the widely-known meme coin-associated AI bot “Explain This Bob” has been suspended. On June 18, Elon Musk took to Twitter to accuse the account of being a scam, and shortly after his tweet, the bot’s account
Bangladesh has submitted a formal application to join the BRICS alliance, which has Brazil, Russia, India, China, and South Africa in hand. The application follows a meeting between Prime Minister Sheikh Hasina and South African President Matamela Cyril Ramaphosa in Geneva. This development carries significant implications for the global economic
According to the most recent assessment, there are now over 12,494,695 Ordinal inscriptions connected to the Bitcoin blockchain. As a result of this ongoing pattern, mempool.space has recorded over 300,000 outstanding transactions that have yet to be validated. Bitcoin miners validated these transactions and others worth $46.10 million in conventional
