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.
Crypto market down once again. BTC down below $27.5K. Extreme risk on investing at current market dips. Such a horrific month was with April, 2022, witnessing extreme market crash over a prolonged period. However, with the month of May, 2022 into action, hopes were high for things to get back
Kwon could repurchase stablecoins by lending them back to himself. Do Kwon didn’t care that Anchor’s long-term survival was in jeopardy. According to the definition of Terra’s UST, it should have always been redeemable for one dollar. UST used an algorithm to maintain its peg instead of using a central
Coinbase, recently reported a 27% drop in income and used over the last year. A dynamic or flat fee will be applied to all withdrawals. It was a first for the U.S.-based cryptocurrency exchange, and custodian as billionaire bitcoiners Cameron and Tyler Winklevoss are laying off 10% of Gemini’s workers.
The U.S CPI for May accounts to rise by 8.6%. BTC drops by $500 instantaneously. The rise of CPI leads to the slumping down of BTC. Just when the Bitcoin (BTC) sees the limelight at touching the $30K benchmark, after a hectic period of market crash, tragedy strikes back again.
MEXC, a global cryptocurrency exchange with a trading engine that can process 1.4 million transactions per second, has announced the support of direct USD deposits following the integration of SWIFT and Fedwire. According to a recent announcement, MEXC clients in North America and Europe can access the service through their
BTC adoption on the rise. 10% global adoption by 2030. Price of BTC will surge up constantly. However, be the market stance for the Bitcoin (BTC), there are always teams around the world on further constant analysis and research upon it. Accordingly, a recent report put out by the Blockware
The growth of crypto companies in Lithuania is exponential, number is 252 at present. The banning will cut off the money laundry and anti-social financial activities. The European Union (EU) is in a way to take a strong stand on banishing the suspicious anonymity of the cryptocurrency. As an inaugural
South Korea’s National Tax Service ordered Kwon to pay 100 billion won. Terra employees confirmed that $80 million was transferred. Terra LUNA’s dramatic crash grabbed US Security Exchange Commission’s (SEC) attention and SEC reported that Terra LUNA founder Do Kwon was involved in money laundering activities. Terra employees reportedly confirmed
Chainlink announces its updated roadmap for the implementation of staking. Implementation of long-term goals for staking was planned for the second half of 2022. After updates, the native token LINK hits its four-week high. Chainlink is one of the popular cryptocurrencies in the market which has already captured its notable
Custodia was one of the first Special Purpose Depository Institutions (SPDIs). Custodia applied for a Federal Reserve master account in October 2020. Federal Reserve Board of Governors and Federal Reserve Bank of Kansas City are being sued by Wyoming-based digital asset bank Custodia for “unlawful delay” in processing its master
