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.
Maker, a leading platform in decentralized finance, has recently undergone a rebranding and is now known as Sky. Alongside this change, their widely-used stablecoin, previously known as DAI, has been upgraded and rebranded as USDS. Users can upgrade from DAI or convert from USDC to NetStable at a 1:1 ratio.
Australians has suffered significant financial losses to cryptocurrency scams, amounting to $122 million over the past 12 months, according to the Australian Federal Police (AFP). The increase in scam activity highlights a worrying trend as more Australians venture into the digital currency space. Many victims fall prey to schemes promising
On August 28, 2024, Japan’s largest cryptocurrency-themed event, the WebX Conference, opened its doors in Tokyo, drawing attention from all around the world. This global Web3 conference, organized by CoinPost, Japan’s leading cryptocurrency, and Web3 media outlet, attracted 180 exhibiting companies, 250 speakers, and over 130 media partners. It has
Sony is launching the first public testnet for its Soneium blockchain. The Group entered the blockchain space five days ago. They partnered with Startable Labs to launch Soneium, an Ethereum Layer-2 blockchain. Sony Block Solution Labs, Sony’s blockchain division created this project to connect the everyday internet services of Web3
An elite group of ethical hackers has formed a “SEAL” team dedicated to aiding defenses in the crypto space. Since its inception in August 2023, the Security Alliance team, led by renowned white hat hacker and Paradigm researcher Samczsun, has completed over 900 hack-related investigations. The SEAL team’s efforts are
RepubliK has announced the official launch of Creator STOX on the STOX Market, a platform that is revolutionizing the social media monetization and valuation of social media by providing direct value streams for influencers and individual content creators. The STOX Market democratizes social media involvement and creates a direct economic connection between creators and their
The Ministry of Revenue introduced the taxation bill. This new proposal is to implement the crypto-reporting framework created by the Organisation for Economic Cooperation and Development (OECD). This was introduced by Hon Simon Watts on 26 August 2024. The proposals will take effect from 1 April 2026, with the first
Crypto investors are confronted with the daunting task of coordinating their tax responsibilities every time the tax season comes close. Bitget has made great strides in improving the user experience by incorporating KoinX’s strong compliance infrastructure into its platform. Not only does this strategic alliance give thorough assistance with tax
The United Arab Emirates has requested the French government to provide Telegram founder Pavel Durov with all consular services urgently following his arrest in Paris. The Ministry of Foreign Affairs stated, “Caring for citizens, preserving their interests, following up on their affairs, and providing them with all the aspects of
The United States Securities and Exchange Commission (SEC) has initiated legal action against two brothers, alleging their involvement in orchestrating a $60 million Ponzi scheme with a non-existent crypto trading bot. The SEC has filed a complaint in the US District Court for the Northern District of Georgia, Atlanta, against
