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.
Over the Lunar New Year period, the Chinese Central Bank distributed CBDC worth millions of dollars around the nation. Around 200 events for the e-CNY were introduced around the nation during the holiday season. This is according to a report in the Global Times which is an English-language arm of
After millions were sent to politicians and action committees by FTX’s founder and former CEO Sam Bankman-Fried (SBF) or others in his administration. FTX said Sunday that the insolvent crypto exchange wanted its money back. Newly assigned to monitor the Chapter 11 bankruptcy of the FTX after its collapse in
While the cryptocurrency community attempts many ways to recover the market, a single entity withdrew more than $120 million in Bitcoin (BTC) from a centralized exchange Gate.io on February 4, 2023. According to whale tracker Mr.Whale, this is the second-highest withdrawal in the Gate.io exchange’s history. And currently, the crypto
While in Sri Lanka this week to film an edition of his “Meet the Drapers” TV programme with local businesses, billionaire investor and venture capitalist Tim Draper allegedly sought to persuade the government and central bank to accept bitcoin. According to Bloomberg, on Tuesday the billionaire met with Sri Lankan
On the XDC chain, Fathom, the largest lending/borrowing platform has been built. Significantly, Fathom will provide a platform for consumers to borrow, and earn XDC and tokenized Real-World Assets (RWA) as collateral to borrow the over-collateralized price-stable currency FXD. The fundamental premise is the sustainable liquidity protocol, which is to
With Google’s $300 million investment in artificial intelligence startup Anthropic, it seems that the AI arms race has started in earnest. The IT giant is investing in the firm in order to strengthen its position as a competitor in the emerging area of generative AI. Since the release of the
The first phase of Australia’s multi-year strategy to regulate Bitcoin and cryptocurrencies has been unveiled. Through this new approach, the government wants to make sure the regulation of cryptocurrencies safeguards users, according to Assistant Treasurer Stephan Jones. The release cites shoring up enforcement, boosting user protection, and creating a structure
In a new class action lawsuit, Logan Paul and the NFT project CryptoZoo are accused of rug pull. In September 2021, the NFT-based game CryptoZoo was announced. With the promise of “an autonomous ecosystem” that would allow virtual ZooKeepers to purchase, sell, and trade exotic animals on the blockchain, hatching
The world’s leading cryptocurrency exchange Binance has recently made a significant move with the Shiba Inu (SHIB) token, transferring 6.4 trillion SHIB without affecting the price. This remarkable feat happen through sending a single transaction worth 6.4 trillion SHIB tokens from one wallet to another on the Binance Smart Chain.
An estimated $120 million was taken from the protocol of a tiny decentralized autonomous organization (DAO). Due to a pretty large smart contract vulnerability. On February 1st, BonqDAO informed its Twitter followers of an oracle attack that compromised the Bonq protocol. And enabled the exploiter to influence the price of
