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.

Celsius Network

New York Attorney General sues former Celsius CEO for alleged fraud

The New York Attorney General, Letitia James, has filed a lawsuit against the former CEO of crypto lender Celsius Network, Alex Mashinsky, accusing him of

Animoca blockchain gaming platform

Animoca Brands Announces $1 Billion Fund for Web3 Investments in Q1 2023

Animoca Brands blockchain gaming platform is aiming to raise around $1 billion for its latest Web3 and Metaverse investment fund in the first quarter of

The US SEC filed a lawsuit against Coindeal executives

CoinDeal in hot water: Leaders face fraud charges

On January 4, 2023, the United States Securities and Exchange Commission (SEC) filed a lawsuit in the District Court for the Eastern District of Michigan

Hong Kong

Hong Kong Lawmaker Suggests Transforming CBDC into DeFi-Powered Stablecoin

Hong Kong authorities are considering issuing a central bank digital currency (CBDC) in the form of a stablecoin backed by the government. Wu Jiezhuang, a

French central bank governor calls for crypto licensing to precede EU laws

French central bank governor calls for crypto licensing to precede EU laws

In light of the recent cryptocurrency market turbulence, Francois Villeroy de Galhau, the Governor of the Bank of France, has suggested that local digital asset

Logan Paul has threatened to sue fellow YouTuber Stephen Findeisen, also known as Coffeezilla,

Logan Paul Vows to Sue Coffeezilla Over Claims of CryptoZoo ‘Scam

Logan Paul, a YouTuber, has threatened to sue fellow YouTuber Stephen Findeisen, also known as Coffeezilla, for defamation after Findeisen accused Paul’s CryptoZoo nonfungible token

Indonesia crypto exchange

Indonesia to launch crypto exchange under financial services authority regulation

Indonesia is planning to launch its own cryptocurrency exchange in 2023, following financial sector reform that will see regulatory powers over digital assets shift to

The U.S. SEC vs Binance US

SEC steps in to complicate Binance.US’s acquisition of Voyager assets

The United States Securities and Exchanges Commission (SEC) has filed a limited objection to Binance US’s planned acquisition of the assets of bankrupt crypto platform

central bank digital currencies of G7 countries

G7 nations enter next phase of central bank digital currency projects

By December 2022, the G7 economies had started to create their own central bank digital currencies (CBDCs), according to the Atlantic Council (AC). In addition,

Crypto payments firm Wyre is shutting down

Crypto payment firm Wyre shutting down in light of market downturn

At the end of January, Wyre, a cryptocurrency payments firm, will be closing its operations due to the market downturn caused by the failure of

The Iranian government is returning some of the crypto mining hardware following court ruling

Confiscated crypto mining hardware returned to Iran following court ruling

After Iranian courts ruled in favor of it, the government has begun to return the cryptocurrency mining hardware they had previously seized from unauthorized operations.

CEO of Ripple

Crypto Regulation in the US Receives Bipartisan Support, Ripple CEO Reports

Brad Garlinghouse, the CEO of Ripple, is optimistic that the United States government will make strides towards creating clear cryptocurrency regulations by 2023. In a

Bitcoin miners' revenue slumped

Bitcoin mining revenue falls to $9.55 billion in 2022

The Block’s statistics show that bitcoin miners’ revenue slumped to $9.55 billion in 2022, largely attributed to the downward trend in the cryptocurrency market, including

A Ukrainian pharmacy has partnered with Binance Ukraine

Ukrainian pharmacies now accepting crypto payments with Binance Pay

ANC Pharmacy, one of the biggest pharmacy chains in Ukraine, has partnered with Binance Ukraine to give customers the option to pay with cryptocurrency through

Morocco's central bank prepares crypto bill

Morocco’s Cryptocurrency Regulation Bill Ready for Implementation

Abdellatif Jouahiri, Governor of the Central Bank of Morocco, has declared that the nation’s cryptocurrency legal guidelines have been completed and will soon be made

Three Arrows Capital co-founder

3AC co-founder claims DCG and FTX plotted against LUNA and stETH

Three Arrows Capital co-founder Su Zhu has accused Digital Currency Group (DCG) and FTX of conspiring to attack LUNA and stETH, leading to the insolvency