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 second season of EigenLayer’s stakeholder airdrop, or “stakedrop,” will distribute 86 million EIGEN tokens to stakeholders, node operators, ecosystem partners, and community members. On or before September 17, 2024, the distribution will start targeting participants who were active between March 15 and August 15. This follows April’s announcement of
Vivek Ramaswamy, a biotech entrepreneur and former presidential nominee, made waves last year by calling for mass deregulation of the cryptocurrency industry. He was the first Republican candidate to introduce a detailed crypto plan, aiming to reduce the federal workforce, including the Securities and Exchange Commission (SEC). Recently on Wednesday,
Angel drainer is a notorious code used on web3 crypto phishing sites. This crypto app is back with a new upgraded version. This version has already deployed hundreds of malicious dApps. A recent report by cybersecurity firm Blockaid has uncovered a rise in scams utilizing deepfake videos of high-profile figures
Robinhood Crypto LLC, a subsidiary of Robinhood Markets, has reached a $3.9M settlement with California’s Justice Department. The settlement follows allegations that the platform prevented customers from crypto withdrawal from their accounts between 2018 and 2022, violating state laws. California Attorney General, Rob Bonta accused Robinhood of breaching state commodities
Crypto firms’ services banks, in other words, crypto-friendly banks are a declining group of financial organizations within the sector. However, they have not been spared from regulatory impediments in the past. Recently, one specific, United Texas Bank caught the attention of the US Federal Reserve. The regulator has stated allegations
The upcoming decentralized finance (DeFi) project, World Liberty Financial, endorsed by the Donald Trump family, is focused on adopting the dominance of the dollar-pegged stablecoins to uphold U.S. financial supremacy. The World Liberty Financial appeared on X with a series of tweets clarifying its DeFi strategy and confirming its collaboration
Pendle, a well-known decentralized finance (DeFi) protocol, has announced that it successfully safeguarded around $105 million in funds following a recent cyber attack on Penpie, a yield optimization tool within the Pendle ecosystem. The incident occurred on Tuesday, targeting Penpie’s protocol and raising significant security concerns. According to a post-attack
Japan’s Financial Services Agency (FSA) has unveiled plans to amend the nation’s tax laws to lower the tax burden on crypto assets by 2025. This aligns with the broader tax code reform to bring cryptocurrencies with traditional financial assets. The proposed reforms, detailed in an August 30 request, are part
TON Ventures has launched a new $2.5 million accelerator program to attract developers to the $12 billion TON blockchain, originally developed by messaging app Telegram. The three-month program, which will support five startups, comes at a tumultuous time for the TON ecosystem. The blockchain’s recent challenges stem from the arrest
21Shares has officially launched 21BTC, a new Bitcoin wrapper on the Ethereum network. This product allows users to access Bitcoin’s value while utilizing the diverse functionalities of Ethereum’s decentralized finance (DeFi) ecosystem. By introducing 21BTC, 21Shares aims to bridge the gap between the two most dominant cryptocurrencies, offering a unique
