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 Securities Commission of the Bahamas (SCB) has instituted stringent new regulations for Virtual Assets Service Providers (VASPs) seeking to operate within its jurisdiction as a means of demonstrating that it has learned from the demise of the FTX Derivatives Exchange. The SCB claims it has raised financial and reporting
Circle, the issuer of the USD Coin, has launched the Cross-Chain Transfer Protocol (CCTP) on the mainnet for Ethereum and Avax, according to an announcement on April 26. The new protocol allows users to transfer USDC between Ethereum (ETH) and Avalanche (AVAX). 1/ Today marks a new milestone! Cross-Chain Transfer
Even though the crypto industry has seen substantial growth this year, volatility has been a constant. In spite of this competition, Uniswap has maintained its position as the decentralized market leader. Across all blockchains, it still commands over $4 billion in total value locked (TVL), making it one of the
On Wednesday, Circle CEO Jeremy Allaire blamed the continued decline in the value of the USD Coin (USDC) stablecoin on the regulatory burden and the efforts of authorities to discredit the cryptocurrency market. Allaire said investors are trying to “de-risk out of the US” because of the ambiguity of US
Snapchat, the instant messaging application’s “My AI” feature, is not receiving the expected response from the users. My AI is an extension of OpenAI’s ChatGPT for Snapchat users, which intends to reduce the web search burden. Say hi to My AI, our new chatbot located at the top of your
This Tuesday, Futures Exchange (aka FTX), a bankrupt crypto exchange firm has given an agreement of selling their crypto derivatives platform LedgerX for 50 million dollars to Miami International Holdings (MIH), a trading service provider. The CEO of FTX, John Ray said, “We are pleased to reach this agreement with
At the City Week 2023 event on April 25, 2023, the Executive Director of Markets, and Executive Director of International, Sarah Pritchard delivered a speech on the regulation of Digital Assets in the UK. The United Kingdom (UK) is one of the top-ranking countries for crypto adoption. The rise in
Christy Goldsmith Romero, a commissioner at the U.S. Commodity Futures Trading Commission (CFTC), has expressed concerns that anonymity within the cryptocurrency market is enabling the commission of illegal activities. The top U.S. regulatory official, Christy Goldsmith Romero, has also stated that cybercriminals are using digital assets to finance their illicit
Aptos, the layer-1 blockchain, announced its collaboration with Google Cloud for Google’s web3 start-up program. This collaboration is intended to provide startups with the support and resources that they need to develop infrastructure, bridge platforms, and foster the future of web3. 1/ Exciting news! Aptos and @gcloudpartners are back at
In a statement released earlier today, the Digital Currency Group (DCG) warned that Genesis Global’s bankruptcy procedures might go on for a long time. Genesis Global is a DCG subsidiary. The company is in trouble since its creditors rejected the bankruptcy restructuring plan that was agreed upon about two months
