Market

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.

Japan regulators

Japan’s Push for Crypto to be Treated Like Traditional Financial Institutions

Japan’s financial regulators are calling for stricter regulations for the cryptocurrency sector and for it to be treated the same as traditional banking. According to

the e-CNY payment function on Soochow Securities

China Enters the Securities Market with Digital Yuan

The launch of the e-CNY payment function on Soochow Securities’ app is expected to further promote the integration of financial technology and the digital yuan.

stablecoin backed by gold

Iran and Russia aim to launch gold-backed crypto

Iran and Russia are reportedly planning to jointly issue a new stablecoin, a type of cryptocurrency that is backed by gold, that would serve as

Kris Marszalek, revealed the firm will cut 20%

Crypto.com Reduces Staff Despite Digital Asset Market Rally

The CEO of Crypto.com, Kris Marszalek, announced that the company will be cutting 20% of its global workforce as digital asset markets attempt to recover.

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%

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

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).

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

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

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

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

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

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

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

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

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