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.
In its most recent meeting, the Federal Reserve Board decided to increase interest rates by another quarter of a percentage point. At this meeting, the Fed implemented its smallest interest rate rise since March 2022, signaling a moderation in the pace of its rapid tightening throughout 2022. As the Fed
While operating losses for Meta’s Reality Labs division reached their high in 2022, its founder and CEO, Mark Zuckerberg, claims the company has no intentions to change its long-term metaverse strategy. Meta CEO Mark Zuckerberg has gone in a few months for promoting the metaverse as his company’s future approach
With an airdrop of coins to early backers, NFT marketplace SudoSwap announced the launch of its native governance token, SUDO. This shift coincides with a recent uptick in NFT trading volume, after a pause that was part of a larger decline in crypto activity. On January 30th, SudoSwap announced the
STASIS, the leading euro stablecoin issuer, releases Sellback 2.0, a comprehensive fiat on-and-off ramp platform. Sellback 2.0 comes with a revamped user interface (UX) for Sell/Buy, KYC, and API features. Gregory Klumov, CEO and founder at Stasis, commented that “At STASIS, we believe that making crypto on/off ramp as convenient
Despite its widespread recognition as the pioneering NFT ETF, NFTZ has decided to close its doors. Defiance ETFs has said that as of February 28, they would “close and sell” its Defiance Digital Revolution ETF (NFTZ). Sylvia Jablonski, the co-founder of Defiance ETFs and Chief Investment Officer, predicted that NFTs
In an attempt to reclaim $445.8 million in loan payments made by FTX before declaring for bankruptcy, the defunct cryptocurrency exchange reportedly sued crypto lender Voyager Digital on Monday. Voyager declared bankruptcy in July, and FTX followed suit in November. According to the legal documents, FTX said that it had
Osprey Funds, a digital asset manager, has sued Grayscale Investments, the operator of the biggest Bitcoin trust, in a U.S. court. Alleging that Grayscale Investments lied about the trust’s potential to convert into an exchange-traded fund (ETF). In court filings filed in Connecticut Superior Court. Osprey, which manages a competing
The fashion industry is abuzz with a new collaboration between SHIB and Richmond, in the form of an exciting Shiba Inu-themed clothing collection. The collection contains a range of apparel items such as t-shirts, hoodies, and joggers, designed to showcase the attractive characteristics of the Japanese breed. Each piece is
Investment management business New York Digital Investment Group’s (NYDIG) debt to Bitcoin mining firm Greenidge Generation Holdings has been drastically decreased. Greenidge transferred Bitcoin mining gear and some credits to NYDIG. As part of a series of agreements signed with NYDIG on January 30 relating to Greenidge’s secured debt. As
Due to the FTX breakout, the crypto lending platform BlockFi filed for chapter 11 bankruptcy protection on November 28, 2022. On Monday, the company got approval from the United States Bankruptcy Court for the District of New Jersey to hold an auction for its crypto-mining assets. The company wants to
