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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.

Solana (SOL) surges

Solana Token Market on the Rise with 58% Increase

Solana, a once-promising cryptocurrency, has seen a remarkable rebound in 2023. The price of SOL has more than doubled this month, rising more than 58%

January 16, 2023
The Bank of Thailand to allow virtual banks

Thailand to Introduce Virtual Banks by 2025, Says Central Bank

The Bank of Thailand has revealed its plans to allow virtual banks to operate in the country for the first time. This will allow financial

January 16, 2023
Tanzania CBDC

Tanzania Takes a Wait-and-See Approach to CBDC Adoption

Tanzania’s central bank is taking a careful and methodical approach to explore the potential risks and benefits of introducing a Central Bank Digital Currency (CBDC).

January 16, 2023
European law enforcement agencies have successfully taken down a cross-border cryptocurrency fraud network that spanned across Serbia, Germany, Cyprus, and Bulgaria.

Europol shuts down cross-border crypto fraud operation

In summary, European law enforcement agencies have successfully taken down a cross-border cryptocurrency fraud network that spanned across Serbia, Germany, Cyprus, and Bulgaria. The operation

January 13, 2023
Funds from Alameda Research wallets

Alameda liquidators liquidated on Aave DeFi platform

Alameda Research, a decentralized finance (DeFi) lending platform, recently faced a significant loss of funds due to liquidation on Aave. The liquidators were trying to

January 13, 2023
Blockchain com

Blockchain.com Announces Staff Reductions of 28%

Blockchain.com, a cryptocurrency brokerage platform, has announced that it will be laying off 28% of its staff, or around 110 people, due to the crypto

January 13, 2023
Binance will support Terra Classic

Binance to Enable Terra Classic (LUNC) Upgrade for Users

Binance, one of the leading crypto exchanges, has announced support for the upcoming network upgrade of Terra Classic (LUNC). As part of this announcement, the

January 13, 2023
Samsung adds Bitcoin

Samsung Takes Crypto Leap, Introduces Bitcoin ETF

Samsung Asset Management has made a big move by announcing the launch of its Bitcoin Futures ETF in Hong Kong. This ETF will track spot

January 12, 2023
Alkimiya

Alkimiya gains $7.2 million to construct decentralized capital markets for blockspace

Alkimiya, a blockchain protocol that aims to provide hedging solutions for blockspace producers like miners and staking validators, raised $7.2 million in a funding round

January 12, 2023
Ava Labs has partnered with Amazon Web Services (AWS)

Amazon and Ava Labs team up to simplify node deployment

Ava Labs, the developer of the Avalanche network, has partnered with Amazon Web Services (AWS) to make it easier for users to deploy and run

January 12, 2023
Binance is hiring

Binance plans to hiring surge despite industry-wide layoffs

Binance, the world’s largest cryptocurrency exchange, announced plans to expand hiring by as much as 30% in 2023. The company’s CEO, Changpeng Zhao, made the

January 12, 2023
Binance has received regulatory approval from the Swedish

Binance expands into Europe with Swedish regulatory approval

Binance, the world’s largest cryptocurrency exchange, has received regulatory approval from the Swedish Financial Supervisory Authority to operate as a financial institution for virtual currency

January 12, 2023
Ethereum software firm ConsenSys to lay off employees

MetaMask to Let Go of Hundreds of Employees

The tech and crypto industries are experiencing a wave of downsizing at the beginning of 2021. ConsenSys, the Ethereum software firm behind the crypto wallet

January 11, 2023
The brother of a former Coinbase product manager

Brother of Ex-Coinbase Exec Sentenced for 10 Months

Nikhil Wahi, the brother of a former Coinbase product manager, has been sentenced to 10 months in prison after admitting to insider trading of cryptocurrency

January 11, 2023
Russia's Central Bank working on CBDC despite bans

Russia’s central bank announces plans to launch CBDC settlement system

The Bank of Russia is planning to initiate the development of a cross-border settlement system using a central bank digital currency (CBDC) in response to

January 10, 2023
Swyftx exchange

Swyftx Crypto Exchange Ends Crypto Earn Program

Swyftx, a cryptocurrency exchange in Australia, has announced that it will be ending its crypto-interest product, known as the Earn program, due to the uncertain

January 9, 2023
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