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 crypto market continues to face multiple hacking incidents, with the latest targeting Shezmu, a leveraged yield protocol. On September 21, Chaofan Shou, co-founder of blockchain analytics firm Fuzzland, raised alarms regarding a compromised storage vault belonging to Shezmu, leading to the theft of approximately $4.9 million in cryptocurrencies. The
A joint assessment by regional bodies, including the Financial Action Task Force (FATF), has urged India to enhance its regulation of virtual assets. The FATF’s recent report on India’s efforts to combat money laundering and terrorist financing reveals significant risks associated with domestic illegal activities, primarily fraud, cyber fraud, corruption,
The trading of telegram tap-to-earn game Catizen’s token has gone live on Friday, with 150 million tokens, representing 15% of the total 1 billion supply, airdropped to users as part of its Season 1 distribution. This launch followed a two-month delay from its initially scheduled date. The airdrop process began
As more and more crypto traders are using market volatility to generate profits, automation and AI-driven tools are becoming their best friends. It’s fairly common now for traders to seek ways to streamline their strategies and enhance profitability. A crypto trading platform Bitsgap has just released an AI assistant for
Crypto hackers have seized control of the Supreme Court of India’s official YouTube channel to execute a Ripple and XRP scam. On September 20, the channel, which boasts over 217,000 subscribers, was rebranded to promote misleading cryptocurrency content. Users encountered videos touting Ripple and XRP investments, misleading many in the
BitMEX co-founder Arthur Hayes made a significant move in the crypto market, depositing 350,010 tokens ($1.26 million) to Binance and Bybit within the past hour. Hayes still holds 1.66 million PENDLE ($5.93 million) in Pendle Finance, with these tokens now unlocked and available for sale. His estimated profit from it
In a recent post on X, Consensys announced it had filed a lawsuit against the SEC in April 2024 to safeguard the Ethereum ecosystem. The Texas court dismissed the lawsuit on procedural grounds without addressing the substance of the claims against the SEC. Prompting Consensys to express concern over the
When news spread about the Banana Gun Hack and how user wallets were compromised, it sent shockwaves across the crypto world. A security compromise occurred at the Banana Gun trading bot on Telegram, leading to the loss of almost $1.4 million, or 563 ETH. Despite the scale of the hack,
Users of the World App will be the first to experience face recognition technology, according to Worldcoin. According to an announcement, the new function is a private 1:1 face comparison. That guarantees that the World App may only be accessed by the person who validated their World ID at an
Commerzbank, Germany’s second-largest bank by branches, has partnered with Crypto Finance, a subsidiary of Germany’s largest stock exchange operator, to provide crypto trading services for its corporate clients. According to the announcement, this move will initially focus on Bitcoin (BTC) and Ethereum (ETH), allowing businesses to easily and securely engage
