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.
Deploying Aave V3 on the Aptos Mainnet has received unanimous approval from the Aave community. This decision was taken after a community vote that ended on July 19, 2024. It is the first time the tokens will be used in a blockchain ecosystem that is not Ethereum Virtual Machine (EVM).
Vitalik Buterin, co-founder of Ethereum, has distinguished Ethereum’s decentralization to that of Bitcoin and other networks in great detail. As experts see models moving away from the heart of blockchains, the centralization of mining and staking has remained a controversial topic. While discussing the mainnet and layer 2 solutions, Buterin
The chief executive officer of blockchain firm Messari, Ryan Selkis, has resigned. Part of the reasoning for the choice was what happened last week leading up to the US presidential elections. Selkis has been outspoken on the necessity for transparent regulation of the cryptocurrency sector and other related laws. The
Scammers and other bad actors prey on Hamster Kombat players in an effort to cash in on the game’s massive popularity. Phishing attempts are being directed against users of the rapidly expanding mobile game Hamster Kombat, which is hosted on the Telegram platform. In these types of assaults, con artists
On July 19, Mudit Gupta, CISO of Polygon Labs, confirmed that despite a global IT infrastructure outage caused by a CrowdStrike update, their systems were unaffected. Gupta stated that Polygon Labs employs CrowdStrike’s services but ensures rigorous testing of updates, a key security measure that shielded them from disruption. The
The first cryptocurrency regulatory framework in South Korea is currently up and operational. Prioritized in the wake of the catastrophic 2022 crypto market crashes at Terra-Luna and FTX, the new regulations aim to provide investor protections. After receiving formal approval on July 18, 2023, the Virtual Asset User Protection Act
Hong Kong is in the enhanced crypto regulatory frame, embracing cryptocurrency and blockchain technology, and recent policy briefs from the Securities and Futures Commission (SFC) and Hong Kong Monetary Authority (HKMA) show their clear and legible regulatory policies. Moreover, Hong Kong launched its first spot Bitcoin and Ether ETFs in
The cryptocurrency market has experienced significant volatility since the beginning of July, with a recent downturn following a short-lived recovery. In the past week, several altcoins that had previously hit yearly lows managed to reach monthly highs, breaking through long-awaited resistance levels. Notably, Bitcoin (BTC) surged to a 27-day high
The crypto world has seen an increase in hacks recently, with one notable incident involving the Indian exchange WazirX, which lost nearly $230 million. Each transaction’s caller in this hack was funded by Tornado Cash, a decentralized protocol for private transactions. Tornado Cash has been highly involved in recent hacks
Jack Dorsey has chosen to halt support for the Bitcoin-friendly Cash App in the UK after six years of existence. Cash App, a consumer payments platform that facilitates funds transfers via mobile app, will leave the UK market on September 15. The decision is a result of the difficulties Cash
