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 U.S. jobless rate reportedly hit a 50-year low of 3.5% in December. Predictions anticipated it maintaining its pre-recession high of 3.7%, so this is a decrease from that. But, hiring slowed quite a little as the year came to a close. Even if the job outlook is bright according
Net withdrawals from Huobi Global were $60.9 million in under 24 hours. An increase in withdrawals was seen when rumors on social media circulated that Huobi was firing off personnel. Today, Justin Sun said that 20% of Huobi’s workforce will be terminated. Large amounts of USDT, USDC, and ETH are
Huobi Token (HT), the native token of the Huobi Global exchange, has currently witnessing a dramatic price fall in the global cryptocurrency market. According to CoinMarketCap (CMC), the price of Huobi is now massively plummeting, with a 24 hours price change of 6.2%. During the past few days, Huobi Token
Mutant Ape Planet, the creator of a Mutant Ape Yacht Club rip-off line, has been detained in New York and accused of running a rug pull scam to swindle investors out of $2.9 million. On January 4, a homeland security agent named Ivan J. Arvelo arrested a French citizen named
The U.S. Securities and Exchange Commission (SEC) charged investment giant BlackRock’s former Portfolio Manager Randy Robertson on Thursday for failing to declare a conflict of interest. Robertson has committed to paying a $250,000 fine to settle charges. Also, he accepted a cease-and-desist order without acknowledging or refuting the SEC’s findings.
François Villeroy de Galhau, the Governor of the Bank of France, wants to strengthen the regulatory standards for cryptocurrency businesses. According to a recent report from Bloomberg, the head of France’s central bank has called for tighter licensing requirements for crypto-based firms in the country. His latest decision is a
The founder of the cryptocurrency-focused firm Celsius Network, Alex Mashinsky, was named in a civil lawsuit. Brought by the state of New York’s attorney general on Thursday. The lawsuit accuses Mashinsky of planning to swindle hundreds of investors. By persuading them to deposit billions of dollars’ worth of digital assets
Amid growing economic uncertainty, Amazon froze new hires at the start of Q4 2022. Following that, rumors spread that the tech behemoth planned to lay off more than 10,000 workers. Employees in the devices division, human resources, and retail were disproportionately affected. A recent article in The WSJ cited unnamed
The world’s largest cryptocurrency exchange Binance U.S has received a “limited objection” from the U.S. Securities and Exchange Commission (SEC) for the planned $1 billion acquisition of bankrupt crypto lender Voyager Digital. SEC disclosed the statement by declining the acquisition proposal due to a lack of “adequate information”. According to
A U.S. bankruptcy judge determined on Wednesday that Celsius Network controls the majority of the cryptocurrency that users deposited onto its online platform. This implies that most Celsius users will be last in line for repayment in the crypto lender’s bankruptcy. According to a 45-page petition from the U.S. Bankruptcy
