Market News

Whether you’re an investor, trader, or simply interested in the world of cryptocurrencies, our Crypto Market News category offers timely and insightful coverage to help you stay on top of this rapidly evolving industry.

Abu Dhabi Free Zone Proposes Legal Framework for DeFi Industry

Abu Dhabi Financial Free Zone Announces Legal Framework for Decentralized Economy

Abu Dhabi Global Market (ADGM) Proposes DLT Legislation Framework: Targeting Disclosure, Governance, and Liquidation Structures The ADGM’s Registration Authority is seeking feedback on its proposed

Daily Active Addresses on Avalanche Soar Following Subnet Rollout Expansion

Avalanche Witnesses Surge in Daily Active Addresses with New Subnet Rollout

Avalanche’s network has witnessed its best month of the year so far in April, with substantial growth in several areas, particularly daily active addresses. The

MICA Act Passed by EU to Bring Clarity and Stability to Crypto Markets

EU Approves New Markets in Crypto-Assets Act (MICA)

The European Union has taken a major step forward in the regulation of crypto-assets with the approval of the Markets in Crypto-Assets Act (MiCA). This

venture capital giant a16z announced the launch of Magi

a16z Reveals Magi, a Rollup Client for Optimism Scaling on Ethereum

On April 19th, venture capital giant a16z announced the launch of Magi, a new rollup client for Ethereum’s layer-2 ecosystem, Optimism. The move is aimed

Attackers Steal More Than 140 ETH from Elleria Arbitrum Bridge

Elleria Arbitrum Bridge Attacked, More Than 140 ETH Stolen

Tales of Elleria, a popular browser-based role-playing game that utilizes NFTs, has suffered a major hack in which over 140 ETH, worth roughly $273,000, was

Banco de Venezuela the largest bank in the country had fallen victim to a ransomware attack

LockBit Ransomware Hits Venezuela’s Biggest Bank

On April 19, Twitter users reported that Banco de Venezuela, the largest bank in the country, had fallen victim to a ransomware attack. Cybersecurity portals

Coinbase's Offshore Exchange Set to Launch Following Regulatory Approval

Coinbase Cleared for Launching Offshore Exchange After Regulatory Nod

Coinbase crypto exchange has acquired a Class F license from the Bermuda Monetary Authority (BME) under the Digital Asset Business Act. This license will enable

Federal Approval Clears the Way for Voyager's $1B Agreement with Binance.US

Voyager and Binance.US Deal Advances Despite Legal Hurdles with Feds

Bankrupt crypto lender Voyager Digital has sealed a deal with the United States federal government that paves the way for a $1 billion plan allowing

Combined Legal Battle Against Silvergate Bank Over FTX Allegations Orchestrated by Judge.

Judge Consolidates Multiple Lawsuits Against Silvergate Bank for Alleged FTX Ties

A California judge has made a ruling to consolidate three investor lawsuits against Silvergate Bank, a now-defunct crypto bank, that involve the bankrupt crypto exchange

Australia Surpasses Asia in Bitcoin ATM Installations

Australia Leads the Way in Bitcoin ATM Rollout, Surpassing Asia’s Total Count

Australia has emerged as a leader in the adoption of Bitcoin Automated Teller Machines (ATMs), with the country now hosting the third-largest network of crypto

Ethereum MEV Bot Feasts on Gas as Memecoin Craze Takes Hold

Memecoin Madness: Ethereum MEV Bot Consumes $1M in Gas to Keep Trading Going

An Ethereum Maximal Extractable Value (MEV) bot, known as ‘jaredfromsubway.eth’, has spent over $1 million in gas in the past 24 hours, according to Dune

The average predictions for 2023 suggest that Bitcoin’s price will reach a high of $42,225

Bitcoin expected to hit $42K in 2023, end the year above $35K: Finder survey reveals

Australia’s Finder recently conducted a survey with 32 cryptocurrency industry experts to gather insights on Bitcoin’s price outlook for the coming decade. The average predictions

Merit Circle DAO Unveils Beam Gaming Subnet in Joint Venture with Avalanche (AVAX)

Avalanche (AVAX) and Merit Circle DAO Team Up to Launch Gaming Subnet “Beam”

Merit Circle DAO, a fast-growing digital community focused on developing advanced gaming infrastructure, has announced the launch of Beam, a gaming subnet built on the

The Russian central bank is reportedly considering the use of cryptocurrencies

Central Bank of Russia evaluates the use of crypto in global settlements

The Russian central bank is considering the use of crypto for international settlements, marking another development in the country’s efforts to regulate the crypto market.

Binance imposed a €10,000 limit on Russians with assets on its platform

Binance Removes €10,000 Cap on Russian Account Transactions

In 2022, Binance imposed a €10,000 limit on Russians with assets on its platform due to the EU’s fifth package restrictions on Russia. However, according

Unchained Capital,

Unchained Receives $60M in Funding to Drive Growth of Collaborative Custody Bitcoin Solutions

Unchained Capital, a financial services provider for Bitcoin holders, has raised $60 million in a Series B funding round led by Valor Equity Partners. The