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.
Elon Musk’s AI startup, xAI, has unveiled its latest creation, an AI model named Grok, which seems poised to challenge the likes of OpenAI’s ChatGPT. Musk’s teasers on Twitter on November 4 shed spark on this development. Grok, a name recently trademarked by xAI, appears to be a conversational question-answering
Injective (INJ) has displayed a significant surge of over 517% in the past year, reaching a 17-month high of $15.72. This price rally comes in the wake of a strategic collaboration with the Kava Network, aiming to expand access to stable assets like USDt. Injective has officially integrated @KAVA_CHAIN to
The US Federal Reserve made a significant decision during its policy meeting from October 31 to November 1. Despite the US economy’s resilience and persistently high inflation above the Fed’s 2% target, the central bank chose to keep interest rates steady at their current 22-year high. This decision marks the
QuillMonitor, a web3 dashboard powered by QuillAudits, recently unveiled its findings, shedding light on the magnitude of the losses incurred due to various hacks and vulnerabilities during the October month. With a total of $30,311,862 in losses, it’s clear that October 2023 witnessed its fair share of web3 attacks and
The Monetary Authority of Singapore (MAS) has announced a groundbreaking partnership with regulatory authorities from Japan, Switzerland, and the United Kingdom. The collaboration involves the Financial Services Agency of Japan (FSA), the Swiss Financial Market Supervisory Authority (FINMA), and the United Kingdom’s Financial Conduct Authority (FCA) and is set to
Cryptocurrency adoption has been on the rise recently, but it comes with a dark side as hacks and scams are also growing. The years 2022 and 2023 have been particularly damaging for the crypto world. In 2023, hackers managed to steal $1 billion, a 60% decrease compared to the previous
South Korea has solidified its position as a crypto trading hotspot, with local exchanges surpassing global competitors in trading volume. A recent report from DeSpread Research sheds light on the country’s crypto passion, showcasing a strong preference for altcoins and local tokens among Korean investors. According to the report, the
While crypto enthusiasts are currently rejoicing in the market’s upward momentum, there are still individuals who haven’t moved on from the challenges of Q3 2023. The quarters of July, August, and September of 2023 marked a bear-driven phase with staggering losses across the Web3 ecosystem. In total, $685,510,444 was lost
In a significant development for the Indian crypto community, the Kerala High Court has issued a groundbreaking directive, safeguarding the rights of bank account holders who have fallen victim to indiscriminate freezes on their accounts in cases related to cybercrimes. The court, in its ruling, called upon banks not to
The crypto market has faced a challenging year so far, with bearish trends dominating the charts. Enthusiasts and traders awaited an overall green chart in the market, and today marked an eventful shift as the bulls took control, pushing Bitcoin to the $30,000 mark and ushering in double-digit surges for
