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.
Concerns about possible imminent interest rate reduction in September have led cryptocurrency investors to buy more crypto-related exchange-traded products (ETPs). On August 26, the cryptocurrency investment business CoinShares stated that digital asset investment products received $533 million in weekly inflows from August 18 to August 24. Inflows into exchange-traded funds
Following the arrest of Pavel Durov, CEO of the encrypted messaging service Telegram, the creator and chief executive officer of Rumble, a competitor to YouTube that claims to be “immune to cancel culture,” said that he had “departed” from Europe. I just returned from Europe safely, on August 25, the
Less than two days after the hack of Polygon’s Discord, hackers have now impacted Layer 2 blockchain ZKsync’s and Layer-1 network Avalanche’s official servers. The official Avalanche account reported a hacked Discord server and warned users not to engage with or click on any links in a message to X
Eleven months of steady growth led to the market capitalization of stablecoins reaching an all-time high of $168 billion. The market’s sharp decline to $135 billion by the end of 2022 set the stage for a strong recovery. Reportedly, DefiLlama data reveals that the overall market capitalization of stablecoins has
According to the Spotonchain data, a Polygon foundation-linked wallet deposited 15.49M MATIC worth $8.1 million to Binance in the past 5 days. And the wallet still holds 13M MATIC worth $6.78 million under staking. At the same time, 824M $TEL was transferred out of the Telecoin Association wallet to Polygon
Hong Kong’s Securities and Futures Commission (SFC) has identified various shortcomings among crypto firms seeking full licenses. These findings emerged as the SFC intensified its scrutiny of virtual asset trading platforms under its new regulatory framework, which came into effect in 2024. The SFC recently revealed that some crypto entities
As the intersection of artificial intelligence (AI) and blockchain technology continues to evolve, Binance Labs has made significant investments in AI-focused startups. These strategic moves align with Binance’s commitment to fostering innovation and sustainable business practices in the rapidly growing Web3 ecosystem. On August 14, 2024, Binance Labs announced its
Trump and Kamala are equally standing at the same win rate. Polymarket, the decentralised prediction platform, allows people to bet on their opinions. On a recent poll in the platform, there was a poll between Vice President Kamala Harris and former president Donald Trump. This was aimed to predict the
Vitalik Buterin, Ethereum’s co-founder, recently voiced his disagreement over the categorization of Polymarket as “gambling.” He believes that this characterization is a significant misunderstanding. According to Vitalik Buterin, prediction markets serve as valuable social epistemic tools, offering unbiased public insight into important events. Unlike traditional media, these markets provide a
The Shiba Inu (SHIB) cryptocurrency project plans to launch a Decentralized Autonomous Organization (DAO). It is initiated to empower SHIB holders to participate in the project’s governance. Lucie, marketing lead at the memecoin project, announced the plans for launching DAO on Aug 25 in an X post. The DAO aims
