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.
Bybit’s recent hack involving $1.5 billion worth of ETH is still making rounds in the industry. The exchange bounced back sooner than expected by closing the ETH deficit within a couple of days. However, several industry players are planning to uncover the hack to take measures against these types of
Despite being the largest digital currency in the world, Bitcoin faced a rejection from South Dakota lawmakers. The US state followed the lead of Montana which also recently rejected the Bitcoin reserve bill concept. Meanwhile, Bitcoin fell below $90,000 and it is trading above the $85K mark at press time.
On Monday, the Holesky testnet went live with Ethereum’s Pectra upgrade, however it did not finalize in the allotted time. According to blockchain statistics, Pectra did not initially finalize after being launched on the Holesky testnet at 21:55 UTC (4:55 p.m. ET). When a transaction reaches finality, it cannot be
The U.S. SEC has officially acknowledged NYSE Arca’s filing to list and trade the Grayscale Cardano Trust as a spot exchange-traded fund (ETF). The bold decision was made on Feb. 24 and starts the clock for the SEC’s review process, which sets the stage for what could be a historical
The crypto market has decided to slump further down as the week progresses. This is combined with the news of South Dakota’s Bitcoin Reserve bill making it a bearish day for the sector. Meanwhile, the memecoin industry has also joined in to show its own activity, coinciding with Sam Bankman-Fried’s
The U.S. government confiscated about $31 million in cryptocurrency connected to the 2021 hack of Uranium Finance. This was a coordinated effort by the Southern District of New York (SDNY) and the San Diego Homeland Security Investigations (HSI). Uranium Finance, a decentralized exchange on the model of Uniswap but deployed
The USDC and EURC from Circle have received recognition by the Dubai Financial Services Authority (DFSA), following their approval in the EU and Canada. The green light means that businesses in the DIFC will start using the stablecoins on a large scale. A press release states that Circle, the issuer
Canary Capital has submitted a 19b-4 filing to the U.S. Securities and Exchange Commission (SEC) for a Hedera (HBAR) exchange-traded fund (ETF). The filing follows an amended S-1 submission last week, signaling progress in regulatory discussions. If approved, the ETF would allow Nasdaq to list and trade HBAR shares, providing
Crypto-focused neobank Infini has suffered a $49.5 million exploit, with the attacker swapping stolen funds for Ethereum before moving them to a separate wallet. The breach follows a string of major crypto security incidents, including Bybit’s $1.4 billion hack. How the Attack Unfolded CertiK first detected the suspicious activity on
Bitcoin retraced back to its $95K range today. The overall crypto market cap fell to $3.14 trillion with more than 1% decrease today. Even the top altcoins such as Ether, Solana, XRP, BNB, Cardano, and Dogecoin are also bleeding amidst dull market performance. Global crypto funds witnessing significant weekly outflows,
