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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.

Robinhood Markets Inc.

Robinhood Takes Steps to Address SEC Inquiry on Crypto

Robinhood Markets Inc., the operator of the Robinhood equity and crypto trading app, revealed in its annual 10-K filing submitted to the Securities and Exchange

March 1, 2023
A new survey by Coinbase reveals

Crypto Adoption on the Rise as 52 Million Americans Seek Alternatives to Biased Financial System

The cryptocurrency market has had a tumultuous year, with the fall of several prominent players leaving investors in a state of uncertainty. However, amidst the

February 28, 2023
Co-founder of SpankChain and Reflex Labs

SpankChain Co-founder Hints at Tornado Cash Follow-up with Moloch DAO

Ameen Soleimani, co-founder of SpankChain and Reflex Labs, has recently hinted at a potential comeback for the Ethereum transaction mixer, Tornado Cash. Soleimani’s tweet hinted

February 27, 2023
Coinbase has been named as a defendant in a legal complaint brought by NanoLabs

Coinbase Under Fire for Alleged Trademark Infringement of Nano Derivatives

In recent news, cryptocurrency exchange Coinbase has been named as a defendant in a legal complaint brought by NanoLabs, the company behind the digital currency

February 27, 2023
SFC Approves HashKey to Offer OTC Trading Off-Platform

SFC Approves HashKey for Off-Platform OTC Trading Services

Hong Kong-based digital asset management firm HashKey Group has recently received regulatory approval from the Securities and Futures Commission (SFC) to expand its over-the-counter (OTC)

February 24, 2023
Binance Implements Semi-Automated Reserve Token Management System, Insider Report Confirms

Binance Implements Semi-Automated Management for Reserve Tokens

Following years of mismanagement, Binance, the largest crypto exchange, is making strides to improve the transparency of its reserve B-tokens. Recently, it was discovered that

February 24, 2023
Circle, the issuer of the USDC stablecoin

Circle Sets Ambitious Hiring Goals for 2023

Circle, the issuer of the USDC stablecoin, is set to expand its workforce by up to 25%, according to reports. Despite canceling its deal to

February 24, 2023
Kratos Studios, an Indian-based web3 gaming startup, has raised $20 million in seed funding at a $150 million valuation.

Kratos Studios closes $20M seed round at $150M valuation

Kratos Studios, an Indian-based web3 gaming startup, has raised $20 million in seed funding at a $150 million valuation. The funding round was led by

February 23, 2023
Saudi Arabian Oil Group (Saudi Aramco)

Saudi Aramco Dives into Web3 with droppGroup Partnership

Saudi Arabian Oil Group (Saudi Aramco), one of the world’s largest energy companies, has announced a partnership with Web3 technology provider droppGroup. The state-owned company

February 23, 2023
Tencent Cloud Enters the Web3 Space with Fresh Initiatives

Tencent Cloud Dives into Web3 with Latest Initiatives

Chinese tech company Tencent Cloud has announced new initiatives in the web3 space, marking its entry into the emerging market. This includes blockchain-based APIs and

February 23, 2023
Immutable has made its second round of layoffs, cutting 11% of its staff.

Immutable, blockchain gaming startup, announces second round of layoffs, downsizing 11% of its workforce

Australian blockchain gaming company Immutable has carried out its second round of layoffs, reducing its workforce by 11%, according to the Sydney Morning Herald. The

February 22, 2023
A French lawmaker has been accused of promoting a cryptocurrency project

French Lawmaker Refutes Claims of Promoting Scam Crypto

A French lawmaker has been accused of promoting a cryptocurrency project known as limocoin swap (LMCSWAP) in the National Assembly, but he denies receiving payment

February 22, 2023
The partnership between Web3 payment protocol Immersve and Mastercard

Mastercard Paves the Way for Crypto Mass Adoption in Web3 with USDC Settlements

The partnership between Web3 payment protocol Immersve and payments giant Mastercard is set to revolutionize the way users make crypto payments. By allowing users to

February 22, 2023
Chaos Labs DeFi

Chaos Labs Raises $20 Million in Funding Round Co-Led by Galaxy Digital and PayPal

Chaos Labs, a startup offering automated economic security solutions for decentralized finance (DeFi) protocols, has secured $20 million in a seed funding round. The funding

February 21, 2023
Polygon Network

Polygon Labs Trims Staff by 20%

Polygon Labs, the software development company known for Ethereum Layer-2 scaling solution Polygon, has recently announced that it will be cutting 20% of its workforce,

February 21, 2023
Hong Kong

Hong Kong Set to Open its Doors to Crypto Asset Trading and Investment: Restrictions Apply

Hong Kong has made a recent announcement to open up its doors to crypto asset trading and investment, which has garnered excitement from industry executives.

February 21, 2023
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