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.
Some banks in India warn customers with RBI notice. RBI clears up the commotion with the further announcement. RBI states that they didn’t ask banks to stop the services of exchanges. Leading banks in India have restricted virtual cryptocurrency services with the statement of RBI given on April 06, 2018.
Belt Finance hacked on Saturday in a flash loan. With a loss of 21.36% of the fund, the BeltBUSD vault users suffered. Belt’s vaults operate with a target balance for each strategy employed. Belt Finance was hacked on Saturday in a flash loan, resulting in an overall loss of $50
Input Output Global announced, Cardano can handle up to 2 Million TPS. Ouroboros Hydra serves as the second layer for Cardano Network. Hydra is Cardano’s Scalability Solution. Cardano network is a decentralized blockchain platform that brings new standards in technology through globally distributed innovations. As the world is encouraging blockchain
Problems in the process of registering crypto firms. 77 new crypto firms submitted applications that are yet to review. FCA established a “Temporary Registration Regime”. Crypto firms are struggling to meet the Financial Conduct Authority’s anti-money laundering standards in the United Kingdom. The FCA had only registered five crypto businesses
Bank of Korea Launches Pilot Program for its CBDC. A total of $4.4 million allocated for the trial. Deciding about an offer for the pilot program is expected from Samsung. The Bank of Korea launches a Pilot program for its central bank digital currency (CBDC). But issuing it is a
BSC’s DeFi experienced a flash loan exploit for the second time in a week. A new attack drained $3 million from DeFi platform Bogged Finance. PancakeBunny suffered following a $200M major exploit. Binance Smart Chain decentralized finance ecosystem experienced a flash loan exploit for the second time in a week
Brooklyn Nets will allow their fans to buy tickets using digital assets in future. The CEO of Brooklyn Nets has not disclosed the name of crypto exchange. Several sports teams are embracing crypto space. The NBA’s Brooklyn Nets, a professional basketball team, makes its big step into the crypto market
Bragg affirms Australia to develop comprehensive crypto regulations. Andrew Bragg appeared on the news channel, Sky News Bragg said everything is open to market manipulation. Andrew Bragg, an Australian senator affirms regulators to develop clear and comprehensive crypto regulations, to encourage crypto innovation and ensure global competitiveness Australia must introduce
XinFin Network partnered with booking platform Travala.com. The partnership allows XDC holders to book over 2.2M hotels and homes. Over 600 airlines, and more than 40k activities in over 230 countries. XDC holds 100th place on CoinMarketCap. On May 20, 2021, a global open-source hybrid blockchain platform XinFin partnered with
BSC PancakeBunny suffers a flash loan exploit. Due to the attack BUNNY value reduced to Zero Binance loss greater than $40 million in a significant attack. PancakeBunny, the most popular Binance Smart Chain (BSC)-based decentralized finance (DeFi) protocol. It has suffered a major exploit that allowed hackers to make off
