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 contribution of $550,000 to the Metropolitan Museum of Art from the cryptocurrency exchange FTX will be returned after the exchange’s failure in November. In a filing with the United States Bankruptcy Court in Delaware on June 2, the New York-based museum reaffirmed its plan to reimburse the monies to
Online interest in “crypto” and other commonly used cryptocurrency keywords has slumped to late 2020 levels, after a two-month slowdown in cryptocurrency excitement. The phrase “crypto” presently has a score of 17 on Google Trends, which is much lower than the reference point of 100 in May 2021. Both Bitcoin
To better serve its customers, Brazil’s largest cryptocurrency exchange, Mercado Bitcoin, has obtained a payment institution license from the country’s central bank. Mercado Bitcoin now has the legal authority to provide its MB Pay fintech solution, which will include a crypto payments card and other digital banking features. The Central
A late birthday present was given to John Deaton on Saturday, who represents over 76,000 XRP token holders in the litigation between Ripple and the U.S. Securities and Exchange Commission (SEC). Hackers gained access to Deaton’s Twitter account and pushed a cryptocurrency with an almost nonexistent market cap called $LAW
Users on Twitter have reported losing their entire cryptocurrency holdings after using Atomic Wallet, suggesting that the wallet has been compromised. Since Atomic is a non-custodial decentralized wallet, its users bear full responsibility for their funds. Atomic’s team on Twitter stated: “We have received reports of wallets being compromised. We
Binance CEO Changpeng Zhao (CZ) recently had a “ask me anything” session in which he answered questions about his day, the future of Web3 in Dubai, and Binance’s plans. Binance, the largest cryptocurrency exchange in the world, has no interest in or plans to enter the cryptocurrency mining industry. The
Mitsubishi UFJ Financial Group (MUFG), the biggest financial institution in Japan, has announced that it would utilize the Progmat Coin platform to produce locally backed stablecoins across public blockchains. Ethereum, Avalanche, Cosmos, and Polygon will all be used to issue stablecoins. Progmat Coin, it was said, is built to work
A lawyer for Terra co-founder Do Kwon and former CFO Han Chang-joon said on Friday that their bail request had been granted for a second time by the Montenegro Basic Court. Prosecutors in Montenegro have three days to file an appeal of the court’s decision. Montenegro Basic Court has once
Peter Schiff, a vocal critic of cryptocurrencies and supporter of gold, had his account hacked and used to promote what looks to be a fraudulent gold coin scheme. Peter Schiff’s son, Spencer, warned his father’s followers that the URL in the Tweet is “most certainly” hacked. Spencer has a more
Senior Republicans in the United States House of Representatives have filed a new legislative draft. It seeks to reclassify digital tokens from securities to commodities. This is a major attempt to solve the regulatory difficulties surrounding digital assets. The proposal was made by the leaders of the House Financial Services
