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.
After two years of inactivity, the founder of the defunct Turkish cryptocurrency exchange Thodex has been extradited home. Albania has deported Faruk Fatih Ozer, the CEO, and founder of the defunct crypto exchange Thodex, to Turkey. According to Anadolu Agency, Turkey’s state-run news organization, local police took the 27-year-old under
KuCoin, the crypto exchange’s official Twitter account, was compromised for 45 minutes starting at 00.00 UTC+2 timezone. As per the tweet from KuCoin, the Twitter hack was performed by posting “fake activity”, which caused a number of crypto users to lose their assets. 1/ The @kucoincom handle was compromised for
The advent of Polygon’s proof-of-stake (PoS) blockchain has brought about a revolution in the world of cryptocurrency. With its lightning-fast transaction speeds and low fees, Polygon has gained widespread adoption, leading to a staggering 240 million unique addresses on its blockchain. This remarkable achievement speaks volumes about the growing popularity
While the government deals with the multi-billion dollar corruption investigation, crypto miners and exchanges in Venezuela will stay closed. While investigating a big corruption scam that might have syphoned off $20 billion, Venezuelan officials allegedly encouraged local Bitcoin miners to temporarily suspend operations. It is suspected that members of President
Zimbabwe’s Central Bank Governor, John Mangudya, has announced that the country will soon introduce a gold-backed digital currency to stabilize the local unit, which has been continuously depreciating against the US dollar. The move is expected to enable small investors to exchange their money for digital tokens to hedge against
The crypto market’s leading stablecoin provider, Tether (USDT), reached a market capitalization of around $81.5 billion on Thursday. It is the highest point of its market capitalization since Terra’s collapse in May 2022. USDT is just $2 billion behind to surpass its all-time high of $83.4 billion, which it reached
The CEO of the world’s largest cryptocurrency exchange, Binance, Changpeng Zhao, aka “CZ,” offered some suggestions to Twitter CEO Elon Musk to improve the microblogging social media feature. That would help reduce bots and generate revenue. Today, CZ quote tweeted one of the most recent tweets from Elon Musk, saying,
Most youngsters consume cryptocurrency’s latest update from TikTok. Credibility and authenticity of the video information are placed under the question mark. TikTok is the most popular video-streaming social platform for teens and young adults. Also, a fill-in encyclopedia among its audience is the crisp and short information videos. We can
On this Earth Day, let’s look at some of the green cryptocurrencies in the market. The general accusation made against cryptocurrency and its backend technology is high energy consumption. Reports in the past few years have stated that US mining firms consume more electricity than any third-world country. Proof-of-Work (PoW)
White House economist Jared Bernstein disclosed in Congress that there is some evidence that “China wants the U.S. dollar to lose its position” as the world’s reserve currency. But Senator Bill Hagerty of the United States emphasized that the internal threat to the USD’s dominance is the greatest. On Tuesday,
