In this category of NewsCrypto, you will find news covering the whole cryptocurrency market and delivering the most recent developments in the industry. The market news section is constantly updated by a team of writers worldwide, who work tirelessly to bring you the most up-to-date information. Investors, standard readers, and financial lovers worldwide may find the most up-to-date information about the cryptocurrency and blockchain industry in the market news area. The website focuses on providing readers with unbiased information on current crypto market movements.
The IRS Criminal Investigation unit has issued a warning to cryptocurrency holders about a sophisticated phishing scheme. It uses official-looking paper letters to steal personal data and digital assets. The scam is built around a fake Digital Asset Compliance Portal, a portal the IRS confirms does not exist. Crypto holders
The crypto-exchange platform Coinbase commenced the second quarter in a period marked by poor trading performance of cryptocurrencies but was able to earn revenues from non-core business ventures. This is evident in the firm’s Q2 financial performance, where the company’s revenues have been influenced by new user behavior through subscriptions,
Australia has aimed to regulate operations of various online platforms following the filing of civil penalty proceedings against Telegram. This case represents regulatory measures by states that are increasingly applying pressure to ensure that major messaging platforms regulate themselves to prevent the spread of extremist materials through their platforms. Civil
The Ethereum Foundation has improved its governance through the inclusion of renowned blockchain security expert Pascal Caversaccio to its board of directors. The announcement came on July 29 and is evidence of the Foundation’s emphasis on privacy, cybersecurity, and sustainable protocol resiliency as Ethereum continues to grow across the world.
Russia’s cryptocurrency mining sector faces increased scrutiny after authorities expanded the legal case against BitRiver founder Igor Runets. A Moscow court ordered Runets into formal detention on July 22 after prosecutors added fraud charges to an ongoing tax investigation. Prosecutors allege he orchestrated fraudulent mining equipment transactions involving entities linked
Binance US CEO Steven Gregory announced at the RareEvo conference in Las Vegas that the exchange plans to apply for a Commodity Futures Trading Commission Designated Contract Market license next month. If approved, the license would allow Binance US to launch its own regulated prediction market in the United States,
Russia has intensified its long-running dispute with Telegram after announcing criminal charges against founder Pavel Durov over alleged terrorism-related activities. The Federal Security Service, known as the FSB, confirmed the decision while issuing an international arrest warrant against the billionaire entrepreneur. Authorities accused Telegram of failing to remove material allegedly
With the increase in institutional interest in Bitcoin, the focus has now moved from competition in the market to issues regarding the future governance of the Bitcoin network. According to Michael Saylor, Bitcoin is now well-established as a major digital currency. But will face increasing questions about how to make
Financial regulators are already planning cybersecurity strategies to protect banks from future risks posed by quantum computing. The Hong Kong Monetary Authority (HKMA) has revealed substantial gaps in preparedness among the Hong Kong banking sector by developing the first Quantum Preparedness Index (QPI). The HKMA gave Hong Kong banks a
Institutional support for cryptocurrencies is continuing to grow as lawmakers find themselves with less and less time to pass legislation on digital assets. Franklin Templeton, which manages about USD 1.79 trillion in assets, has now added its endorsement to the CLARITY Act, another financial institution supporting the framework of US
