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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.

BlockFi ordered by Judge to repay $300M to customers from Custodial Accounts

BlockFi ordered by Judge to repay $300M to customers from Custodial Accounts

A New Jersey judge has ruled that BlockFi custodial wallet users can be returned nearly $300 million, as assets sitting in the wallets belong to

May 11, 2023
US regulators unite in taking down crypto: SEC Chair Gensler and the Democratic Party

Democrats align with SEC Chair Gensler to take on crypto industry

The US Democrats continue to push their agenda against the crypto industry, according to a leaked memo distributed to the Democratic committee members ahead of

May 11, 2023
Terraform Labs Co-Founder and Colleagues to Stand Trial in South Korea on May 26

Terraform Labs Co-Founder and Colleagues to Stand Trial in South Korea on May 26

Terraform Labs co-founder Shin Hyun-seung and seven of his associates are set to face trial in South Korea on May 26 for their alleged involvement

May 11, 2023
Tether (USDT) has released its latest attestation report that it holds approximately $1.5 billion worth of Bitcoin

Tether amasses $1.5B worth of Bitcoin, according to BDO Italia

BDO Italia, the accounting firm responsible for auditing Tether’s reserves, has released its latest attestation report revealing that the stablecoin issuer holds approximately $1.5 billion

May 11, 2023
Binance Crypto Exchange Reports a 50% Drop in Trading Volume for April

Binance Suffers 50% Dip in Trading Volume Last Month

pot trading volume at Binance, the world’s largest cryptocurrency exchange, has fallen for a second straight month in April, dropping 48% amid declining transaction levels

May 10, 2023
Venom Foundation has announced a strategic partnership with the Government of Kenya through Venom Africa

Kenya’s Government and Venom Foundation team up in strategic partnership

Venom Foundation has announced a strategic partnership with the Government of Kenya through Venom Africa, with the aim of establishing a “blockchain hub” in Africa

May 10, 2023
Binance recently moved about $4.4 billion worth of Bitcoin between its digital-asset wallets

Binance introduces program to connect crypto funds with institutional investors

Binance has launched Capital Connect, a “self-service” platform aimed at connecting institutional capital with crypto funds. The platform will set disclosure standards for market participants

May 10, 2023
A South Korean court has approved the request of local prosecutors to freeze Kwon Do-hyeong’s assets

Terraform CEO Do Kwon’s assets worth US$176 Million Frozen by South Korea

A South Korean court has approved the request of local prosecutors to freeze Terraform Labs CEO Kwon Do-hyeong’s domestic assets and properties worth KRW 233.3

May 10, 2023
ADA Transactions Soar as BTC and ETH Fees Hit All-Time Highs

Cardano Transactions Soar as BTC and ETH Fees Hit All-Time Highs

Cardano (ADA) is emerging as the blockchain of choice for inventors, as daily transaction volume on the network surges to an impressive $13.25 billion. This

May 10, 2023
Crypto exchange MaskEX has obtained preliminary authorization from Dubai

MaskEX Receives Initial Approval to Begin Operations in Dubai

Crypto exchange MaskEX has obtained preliminary authorization from Dubai’s Virtual Asset Regulatory Authority (VARA) to commence preparations for its launch in the United Arab Emirates

May 9, 2023
After a Month-Long Hiatus, Paxful Resumes Trading for Users.

Paxful Reopens Trading Services after One Month Break

Peer-to-peer (P2P) Bitcoin trading platform Paxful has resumed trading after a month-long hiatus caused by internal issues and regulatory pressure. In a recent blog post,

May 9, 2023
A trader spent over 64 ETH in fees to acquire 84 ETH worth of FOUR

Crypto Trader Spends $120K in Fees for $156K Four Token Purchase

Crypto traders are willing to pay high fees to gain early access to newly issued meme tokens, according to on-chain data. On Monday, a trader

May 9, 2023
MakerDAO

MakerDAO Launches Spark, A New Lending and Borrowing Protocol on the Ethereum Network

MakerDAO, a pioneer in decentralized finance (DeFi), has announced the launch of Spark Protocol, a lending and borrowing system deployed on the Ethereum network. Spark

May 9, 2023
FTX founder Sam Bankman-Fried has requested a federal judge to drop the charges against him

FTX CEO Sam Bankman-Fried Seeks Dismissal of Market Manipulation Charges

FTX founder and former CEO Sam Bankman-Fried has requested a federal judge to drop the charges against him in a recent filing submitted to a

May 9, 2023
Bittrex Faces Financial Turmoil, Files for Bankruptcy Protection in the US

Bittrex Seeks Bankruptcy Protection in the US

Bittrex Inc. has filed for Chapter 11 bankruptcy protection for its US-based operations, three weeks after the Securities and Exchange Commission (SEC) accused it of

May 9, 2023
Estonia’s recent crackdown on crypto has seen almost 400 virtual asset service providers

400 Crypto Firms Forced to Leave Estonia as New Laws Come into Effect

Estonia’s recent crackdown on cryptocurrency has seen almost 400 virtual asset service providers (VASPS) shut down or lose their authorizations since the government implemented its

May 9, 2023
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