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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.

Ethereum software firm ConsenSys to lay off employees

MetaMask to Let Go of Hundreds of Employees

The tech and crypto industries are experiencing a wave of downsizing at the beginning of 2021. ConsenSys, the Ethereum software firm behind the crypto wallet

January 11, 2023
The brother of a former Coinbase product manager

Brother of Ex-Coinbase Exec Sentenced for 10 Months

Nikhil Wahi, the brother of a former Coinbase product manager, has been sentenced to 10 months in prison after admitting to insider trading of cryptocurrency

January 11, 2023
Russia's Central Bank working on CBDC despite bans

Russia’s central bank announces plans to launch CBDC settlement system

The Bank of Russia is planning to initiate the development of a cross-border settlement system using a central bank digital currency (CBDC) in response to

January 10, 2023
Swyftx exchange

Swyftx Crypto Exchange Ends Crypto Earn Program

Swyftx, a cryptocurrency exchange in Australia, has announced that it will be ending its crypto-interest product, known as the Earn program, due to the uncertain

January 9, 2023
YouTuber Logan Paul retracts defamation suit, apologizes to Coffeezilla

Logan Paul ends defamation legal battle with Coffeezilla, offers apology

Logan Paul, a YouTuber, has apologized and removed a video in which he threatened to sue internet detective Stephen “Coffeezilla” Findeisen over a series of

January 9, 2023
Digital Currency Group (DCG) shuts down

Digital Currency Group’s Genesis wealth management subsidiary shuts down

Digital Currency Group (DCG) is shutting down its wealth management subsidiary, HQ Digital, due to the “prolonged crypto winter” and the “broader economic environment,” according

January 6, 2023
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

January 6, 2023
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

January 6, 2023
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

January 6, 2023
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

January 6, 2023
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

January 6, 2023
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

January 5, 2023
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

January 5, 2023
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

January 5, 2023
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,

January 5, 2023
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

January 4, 2023
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