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.
Circle CEO and co-founder Jeremy Allaire made the announcement on July 1 that the company has become the first EU stablecoin issuer to get regulatory clearance under the new Markets in Crypto-Assets (MiCA) framework. To allay concerns that investors may be forced to liquidate their stablecoins or move their money
In Monday’s most recent burn event, crypto exchange, Binance, burnt 1.7 billion Terra Luna Classic (LUNC) tokens. The exchange has burnt over 62 billion LUNC so far, after the 23rd batch of the LUNC burn mechanism. According to the burn transaction that took place on July 1, Binance burnt 1.7
Participants increased their wagers on the outcome of the US presidential election in June, driving the monthly trading volume of the decentralized predictions platform Polymarket above $100 million. Individual “Yes” or “No” bets across 17 prediction markets total $203.3 million in “Presidential Election Winner 2024” currently. There has been a
A Money Transmitter License (MTL) is no longer necessary for cryptocurrency businesses in Hawaii to operate legally. On June 30, 2024, the state of Hawaii’s Digital Currency Innovation Lab (DCIL), a collaborative crypto research initiative, ended, according to the state’s Department of Commerce and Consumer Affairs (DCCA). Launched in 2020,
Sony Group, the hundred billion-dollar Japanese tech giant, marks its entry into the crypto exchange sector by acquiring Amber Japan. The crypto trading service operated by Amber Japan, Whale Fin, was rebranded as S.BLOX Co., Ltd. It has plans to expand its crypto-related services in collaboration with Sony. Amber Japan
Ethereum co-founder Vitalik Buterin, known for his outspokenness, recently voiced his displeasure with the present regulatory climate around cryptocurrencies and proposed a foolproof solution. In a response to a user on the Farcaster-based social media network Warpcast, Buterin laid out the present regulatory landscape and how it has effectively cornered
Installed crypto ATMs have increased by 17.8 percent to 38,279 in the last year, bringing them one step closer to the record of 39,541 established in December 2022. Coin ATM Radar reports that there was a net loss of 2,861 machines in 2023, but a positive trend has been seen
In order to deplete the supply, the Terra Luna Classic community proposes to burn 12 billion LUNC and 68 million USTC in contracts. Which include the Lido DAO rewards dispatcher. As part of the effort to revive and repeg to $1. The community has begun withdrawing LUNC and USTC from
On June 28, the US Internal Revenue Service (IRS) updated the industry’s understanding of who will be impacted by new reporting requirements for crypto brokers and released the final version of those rules. Moreover, decentralized exchanges and self-custody wallets are exempt from the new reporting requirements set forth by the
The US District Court of Columbia’s Judge Amy Jackson, passed her verdict for the Binance Vs. SEC case, dismissing partial claims of SEC. One of the dismissed claims, the SEC’s charge that Binance violated the Securities Act, received immense positive support from the crypto community. This is due to the
