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.
A set of blockchain commerce tools launched by crypto-friendly e-commerce giant Shopify . This aim to enhance the user experience of their Web3-focused stores hosted by the platform. Improved crypto wallet connect abilities and tokengating application programming interface (API) tools have received special attention. Previously only available to a restricted
To the tune of $3.6 million in cryptocurrency, an assault on the reentrancy vulnerability of the decentralized finance (DeFi) protocol dForce has resulted in the theft of funds. Curve Finance is an automated market maker (AMM) platform. That uses the Arbitrum and Optimism blockchains, and its vault was the target
In recent months, Reddit’s Collectible Avatars initiative has provided millions of users with free NFTs, making it a model of efficiency as a Web3 on-ramp. Reddit is ready to achieve yet another landmark owing to a new partnership with the NFL on free Super Bowl NFTs. Since its release on
Ten trademark registrations from Yuga Labs have been challenged by one of the creators of the Bored Ape Yacht Club ripoff NFT collection RR/BAYC. This altercation in the continuing legal battle over intellectual property rights between RR/BAYC founders Ryder Ripps and Jeremy Cahen. And also BAYC creators Yuga Labs is
According to its annual filing to the Securities and Exchange Commission, payments giant Paypal possessed more than $500M worth of the two major cryptocurrencies as of December 31, 2021. Included in the total were $291M in Bitcoin (BTC) and $250M in Ethereum (ETH). In addition to the $534 million in
Vortex Protocol was acquired by the widely used Ethereum-based decentralized exchange (DEX), SushiSwap today for an undisclosed sum. The on-chain trading platform, which will be rebranded as part of SushiSwap. Moreover, it will be built on Sei Network, a blockchain that employs Cosmos’s technology. In the future, users of the
After six weeks of bullish, the overall cryptocurrency market is slightly down. At the time of writing, the global crypto market has a market cap of $1.05 trillion, which decreased by over 4.5% in the last 24 hours and 49% from the previous year. Crypto Market Current Status The upward
New York regulators are reportedly investigating Paxos, the firm that issues the BUSD and USDP stablecoins. The Pax dollar (USDP) and Binance USD (BUSD), a stablecoin with the Binance name that is made available through a white-label service, are examples of Paxos’ stablecoins. Recent allegations about the federal bank regulator,
Following the regulator’s probe into Kraken, the crypto exchange had agreed to settle charges with U.S. Securities and Exchange Commission (SEC) and shut down its on-chain cryptocurrency staking service. The U.S SEC announced on Thursday that, the two Kraken entities ‘Payward Ventures and Payward Trading’ accept to pay $30 million
Aave has announced the launch of their native stablecoin, GHO, on the Ethereum Goerli testnet. Stablecoin, whose name is pronounced “GO,” is completely decentralized and entirely collateralized. The Aave Protocol’s system of minting via collateral guarantees that the oracle price of GHO will be pegged to the dollar at all
