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.
President Donald Trump has nominated Michael Selig, the current chief counsel of the crypto task force of the SEC, to head the Commodity Futures Trading Commission. The strategic appointment will help bring together cryptocurrency regulation between federal agencies and promote the pro-digital asset regulatory agenda of the administration. Experienced Regulator
The Fetch.ai project and the Ocean Protocol Foundation are now on the path to resolving the dispute over the 286 million FET tokens worth about $120 million. The proposal would conclude a flare-up of tensions between the blockchain projects, while avoiding time-consuming legal proceedings that would damage the reputation of
President Donald Trump’s decision to pardon Changpeng Zhao, co-founder of the cryptocurrency exchange Binance, has caused a political uproar focused on accusations of financial corruption. Representative Maxine Waters condemned the decision as a clear case of pay-to-play politics benefiting cryptocurrency interests associated with the business empire of the Trump family.
The financial technology giant Revolut has received regulatory permission to offer cryptocurrency services across the European Economic Area through approval by Cyprus authorities. The London-based company was granted the Markets in Crypto-Assets Regulation license by the Cyprus Securities and Exchange Commission, which is a major step in its digital asset
Decentralized exchange Bunni has declared the shutdown of operations following a security breach of $8.4 million in September. The platform is the second significant cryptocurrency project to go out of business this week, following layer-1 blockchain Kadena. The team disclosed that it had inadequate finances to proceed with development and
In an S-1 registration statement submitted to the U.S. Securities and Exchange Commission (SEC), the newly formed digital asset treasury firm Hyperliquid Strategies has announced its intention to raise $1 billion for several objectives, one of which is the accumulation of Hyperliquid’s native token HYPE. Rorschach I LLC, a special purpose acquisition
Given the extraordinary demand for electricity, the provincial government of British Columbia has decided to prohibit the installation of any new crypto mining connections to the hydro power grid. A group of new laws meant to boost the economy and assist the state-owned power company BC Hydro with its electricity
A White House economic advisor predicted that the US government shutdown, which has lasted three weeks, is “likely to end sometime this week,” which might lead to crypto regulatory advancements. On Monday’s Squawk Box episode of CNBC, Kevin Hassett said, “I think the Schumer shutdown is likely to end sometime
Pi Network has also released major updates to its App Studio platform, which is a strategic move towards greater developer functionality and ecosystem growth. The cryptocurrency project is still developing its infrastructure, overcoming the long-standing verification issues and increasing the utility of the tokens among its ever-growing user base. Enhanced
British tax authorities have intensified their hunt for cryptocurrency investors who might not have reported taxable profits on digital assets. The tax agency issued about 65,000 compliance notices in the last fiscal year, which is a huge improvement compared to the past enforcement activities. This crackdown is accompanied by the
