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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.

Terraform Labs Seeks Dismissal of Class Action Lawsuit Over Applicability of US Securities Laws

Terraform Labs seeks dismissal of class action, claiming exemption from US legal framework

Terraform Labs, the blockchain technology company behind the Terra/Luna ecosystem, is seeking to dismiss a class action lawsuit filed against it by investors. The firm

May 5, 2023
Israeli Authorities Crack Down on Terrorist Financing with 190 Binance Accounts Seized

Reuters Report: Israel Seizes 190 Binance Accounts Suspected of Links to Terrorism

Israel authorities have reportedly seized around 190 Binance accounts with suspected ties to terrorist groups Hamas and Daesh since 2021. The National Bureau for Counter

May 5, 2023
Kenya’s parliament is considering a bill that would introduce a 3% tax on crypto and NFT transfers

Kenya explores potential taxation of cryptocurrency and NFT transfers, and influencer earnings

Kenya’s parliament is considering a bill that would introduce a 3% tax on cryptocurrency and nonfungible token (NFT) transfers, as well as a 15% tax

May 5, 2023
The bankruptcy proceedings of Voyager Digital are coming to an end

Voyager’s Creditors to be Compensated as Bankruptcy Proceedings Near Completion

The bankruptcy proceedings of Voyager Digital, a now-defunct crypto firm, are coming to an end, with creditors set to receive their funds “within the next

May 5, 2023
Blockchain security company CertiK has successfully blocked $160,000 of stolen funds from Merlin

$160K in Stolen Funds from Merlin DEX Recovered by Blockchain Security Firm

Blockchain security company CertiK has successfully blocked $160,000 of stolen funds from Merlin, a decentralized exchange based on zkSync that was the subject of a

May 5, 2023
FTX’s bankruptcy proceedings have seen lawyers

Mainstream Media Steps Up Efforts to Obtain Non-US FTX User Identities

Four major media outlets in the United States – Bloomberg, Dow Jones, The New York Times, and the Financial Times – have filed a new

May 4, 2023
https://optimisus.com/market/market-news/ftx-seeks-to-recover-4-billion-from-genesis-in-clawback-claims/

FTX Aims to Recover $4 Billion in Cryptocurrencies from Bankrupt Lender Genesis

Bankrupt crypto exchange FTX is seeking to recover billions of dollars from embattled crypto lender Genesis Global Capital. FTX claims that it was able to

May 4, 2023
WSB Coin

Alleged Rugpull Sends WSB Meme Coin Plummeting by 86%

WSB Coin, dubbed the unofficial coin of the Wall Street Bets (WSB) community, has suffered an 86% drop in value, with many alleging a rug

May 4, 2023
Ripple CEO Brad Garlinghouse is set to share his thoughts on the future of crypto utility

Ripple’s Brad Garlinghouse to Address Crypto’s Practical Usage at Dubai Conference

Ripple CEO Brad Garlinghouse is set to share his thoughts on the future of cryptocurrency utility and regulation at the upcoming Dubai Fintech Summit. Garlinghouse

May 4, 2023
Coinbase has announced the launch of its international exchange

Coinbase Announces New International Exchange as Regulatory Tensions Mount

Coinbase has announced the launch of its international exchange to serve institutional investors outside the US. The move comes as the largest US-based cryptocurrency exchange

May 4, 2023
The latest to adopt AI is Crypto.com

Crypto.com Introduces Amy, The AI Chatbot Powered by ChatGPT

Artificial intelligence (AI) is fast becoming an integral part of many industries, and the crypto industry is no exception. The latest to adopt this technology

May 4, 2023
Banking Meltdown on the Horizon as Study Suggests Half of US Banks Could Be Insolvent

US Banking Industry Faces Possible Collapse as Half of Banks Could Be Insolvent

The banking crisis in the United States is worsening as research suggests that American banks could be in much more trouble than previously thought. According

May 3, 2023
FTX takes to Twitter to notify crypto influencer

FTX lawsuit serves popular crypto influencer through social media

A cryptocurrency influencer has been served a lawsuit through a tweet as a U.S. court approved it as the last resort to notify him. Tom

May 3, 2023
FTX’s bankruptcy proceedings have seen lawyers

FTX advisors under fire for $103M Q1 fees billed to bankrupt firm

FTX’s bankruptcy proceedings have seen lawyers and consulting firms bill a whopping $103 million in the first quarter. A total of five firms have invoiced

May 3, 2023
BitFlyer USA Hit with $1.2M Fine by NYDFS for Inadequate Cybersecurity Controls

BitFlyer USA Penalized $1.2M by NYDFS for Non-Compliance with Cybersecurity Regulations

BitFlyer USA, a cryptocurrency exchange, has been fined $1.2 million by the New York State Department of Financial Services (NYDFS) for failing to meet the

May 3, 2023
MicroStrategy has remained bullish on Bitcoin

MicroStrategy Stands Firm on Bitcoin Investment, Doubles Down Despite Fluctuations in Market Conditions

In recent times, the value of cryptocurrency has been highly volatile, with many companies and investors expressing doubts about its long-term stability. However, MicroStrategy, a

May 3, 2023
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