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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.

The Saudi Central Bank (SAMA)

Central bank of Saudi Arabia researching CBDC, but no official deployment statement issued

The Saudi Central Bank (SAMA) has announced that it is ramping up its research into Central Bank Digital Currencies (CBDCs), but has not yet announced

January 25, 2023
Genesis Capital faces a new class action lawsuit

Genesis creditors file suit against Silbert and Digital Currency Group for securities violations

Troubled cryptocurrency firm Digital Currency Group (DCG) is facing more legal issues as its subsidiary, Genesis Capital, has been slapped with a new class action

January 24, 2023
BlockFi's Talent Loss Amid Bankruptcy

BlockFi Wants to Retain Employees Even Though Facing Bankruptcy

The move by BlockFi to offer retention bonuses to certain employees is a last-ditch effort to prevent a mass exodus of talent while it navigates

January 24, 2023
Crypto lending firm Genesis

Genesis sets May deadline for resolving creditor disputes and leaving bankruptcy

A lawyer for bankrupt crypto lending firm Genesis is optimistic the firm can resolve its creditor disputes as early as this week, and the company

January 24, 2023
The Stellar Development Foundation

Stellar Becomes Latest Addition to CFTC’s Committee

The Stellar Development Foundation (SDF), the non-profit organization behind the Stellar blockchain, has announced that it has joined the Global Markets Advisory Committee (GMAC) of

January 23, 2023
Binance Charity Fund to invest in web3, offering 30,665 scholarships

Binance Charity to Support Web3 Education with 30,000 Scholarships in 2023

Binance Global Inc., the world’s largest crypto exchange, has announced that its philanthropic arm, Binance Charity Fund, will be funding 30,665 Web3 scholarships in 2023.

January 23, 2023
a group of well-known funds to buy CoinDesk.

Marsbit open to organizing funding partnership to purchase CoinDesk

Wang Feng, the founder of Chinese crypto news outlet Marsbit, has revealed that his firm is willing to lead a group of well-known funds to

January 20, 2023
Binance and Hydra

Binance Linked to $700M Illegal Crypto Exchange by FinCEN

The Financial Crimes and Enforcement Network (FinCEN) released a report on Bitzlato, a Russian P2P exchange, and identified two of its top counterparties as Binance

January 20, 2023
Justin Sun confirmed as member of the Global Advisory Board of Huobi.

Huobi Appoints Justin Sun as CEO, Taking on ‘Illegal Trading’

Justin Sun, founder and CEO of Tron, is now leading Singapore-based exchange Huobi as a member of the Global Advisory Board. This news comes shortly

January 20, 2023
Decentralized protocol SSV Network DAO

SSV Network DAO establishes $50 million fund for ecosystem development

Open source and decentralized protocol SSV Network DAO has launched a $50 million ecosystem fund to support the development of Distributed Validator Technology (DVT) based

January 20, 2023
Genesis Global Capital

Genesis Global Capital Reportedly Heading for Bankruptcy

Genesis Global Capital, a subsidiary of Digital Currency Group (DCG) is reportedly preparing to file for bankruptcy as soon as this week. This crypto lending

January 19, 2023
CoinDesk is reportedly exploring options for a partial or complete sale of the company

CoinDesk Reportedly Considering Sale Options: Report

Digital Currency Group (DCG), the parent company of CoinDesk, is reportedly exploring options for a partial or complete sale of the company. This news comes

January 19, 2023
Digital Currency Group (DCG)

Digital Currency Group prioritizes liquidity over dividends

Digital Currency Group (DCG), a venture capital firm, has informed shareholders that it will be halting its quarterly dividend payments for the time being in

January 18, 2023
Silvergate Capital Corp.

Silvergate blames “crisis of confidence” for $1 billion loss in crypto sector

Silvergate Capital Corp., a U.S.-based cryptocurrency bank, reported a loss of $1 billion for the fourth quarter of 2022, due to a “crisis of confidence”

January 18, 2023
The liquidators of Alameda Research

Alameda Wallet Incurs Heavy Losses of $11.5M Under Liquidator Control: Arkham

According to a recent report by Arkham Intelligence, the liquidators of Alameda Research have incurred significant losses, amounting to at least $11.5 million, since taking

January 17, 2023
Monex Group bid for FTX Japan

Monex Group expresses Interest in FTX Japan Sale: Bloomberg

Monex Group, a Tokyo-based online brokerage firm, is considering bidding for the Japan subsidiary of the failed FTX cryptocurrency exchange, according to a report by

January 17, 2023
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