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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.

FTX is facing skyrocketing legal and advisory bills as it grapples with its bankruptcy proceedings.

Rising Bankruptcy Costs: FTX Faces $121.8 Million in Legal and Advisory Expenses

The defunct crypto exchange FTX is facing skyrocketing legal and advisory bills as it grapples with its bankruptcy proceedings. Recent data reveals that between February

June 21, 2023
Crypto wallet Atomic Wallet recently fell victim to a high-profile hack

Atomic Wallet Hackers Conceal Stolen $35M Funds Using THORChain

Crypto wallet Atomic Wallet recently fell victim to a high-profile hack, resulting in the theft of $35 million worth of funds. However, new revelations from

June 21, 2023
Mastercard's trademark application signifies its ambition to develop software that streamlines transactions involving crypto and blockchain.

Mastercard Files Trademark Application for Crypto and Blockchain Tools, Showcasing Commitment to Innovation

Mastercard, the renowned payments giant, has recently made headlines by filing a trademark application for a range of tools related to cryptocurrency and blockchain technology.

June 21, 2023
Binance has announced its integration of Lightning nodes on the Bitcoin network to introduce Lightning-based BTC deposit and withdrawal

Binance Embraces Lightning Network for Speedy Bitcoin Deposits and Withdrawals

Crypto exchange Binance has announced its integration of Lightning nodes on the Bitcoin network to introduce Lightning-based bitcoin deposit and withdrawal services. This move aims

June 20, 2023
The United Kingdom's House of Lords has achieved a significant milestone by passing the Financial Services and Markets Bill

UK House of Lords Approves Bill Recognizing Crypto as Regulated Activity

The United Kingdom’s House of Lords has achieved a significant milestone by passing the Financial Services and Markets Bill, signaling the country’s progress in regulating

June 20, 2023
Do Kwon has received a four-month jail sentence from a Montenegro court after being found guilty of document forgery.

Do Kwon Faces 4-Month Prison Term in Montenegro for Document Forgery

Do Kwon, the founder of Terraform Labs, has received a four-month jail sentence from a Montenegro court after being found guilty of document forgery. The

June 19, 2023
The total value locked (TVL) on zkSync Era has recently surpassed $500 million

Matter Labs’ zkSync Era Surpasses $500M TVL as Ethereum Scaling Solution Gains Momentum

Matter Labs’ zkSync Era, a zero-knowledge (ZK) rollup designed to scale Ethereum, has been experiencing rapid growth, attracting significant capital. The total value locked (TVL)

June 19, 2023
JP Morgan has taken a firm stance in support of the crypto industry

JP Morgan Seeks Regulatory Framework for Crypto Following SEC Lawsuits

JP Morgan, one of the leading US banks with a market capitalization of $413 billion, has taken a firm stance in support of the crypto

June 19, 2023
Binance.US has successfully struck an agreement with the US SEC to continue its operations despite facing fraud charges from the commission.

SEC and Binance.US Strike Deal to Ensure Uninterrupted U.S. Operations During Lawsuit

Binance.US, a prominent cryptocurrency company, has successfully struck an agreement with the United States Securities and Exchange Commission (SEC) to continue its operations despite facing

June 18, 2023
The settlement resolves an investigation into whether Binance violated securities laws by selling unregistered securities.

Binance CEO CZ Slams SEC’s Emergency Relief Request, Asserts Lack of Justification

Binance, the world’s largest cryptocurrency exchange, has reached a settlement with the United States Securities and Exchange Commission (SEC). The settlement resolves an investigation into

June 18, 2023
CoinEx Banned in New York and $1.7M Recovered for Operating Illegally

CoinEx Banned in New York: $1.7M Recovered for Operating Illegally

The state of New York has taken another step in its regulatory crackdown on cryptocurrency firms, with CoinEx being the latest target. New York Attorney

June 16, 2023
A computer hacker made substantial profits of over £130,000 in crypto by illicitly acquiring unreleased music from renowned recording artists

Hacker Ordered to Repay £100,000 in Crypto for Stealing Unreleased Music by Ed Sheeran and Others

A computer hacker named Adrian Kwiatkowski, operating under the alias ‘Spirdark,’ made substantial profits of over £130,000 by illicitly acquiring unreleased music from renowned recording

June 16, 2023
Lamma crypto exchange has launched its own Visa crypto debit cards

Lama Debuts Visa Cards with Bitcoin Rewards for Customers

Lamma crypto exchange has launched its own Visa crypto debit cards, allowing users to spend their cryptocurrencies and euros anywhere Visa is accepted. Lama’s Visa

June 16, 2023
Crypto Regulation Advances in Brazil

Central Bank to Regulate Crypto Firms in Brazil: New Law Signed by President

Brazilian President Luiz Inácio Lula da Silva has recently signed legislation providing clear guidelines for the country’s central bank and securities regulator regarding their roles

June 15, 2023
Apple has rejected the latest version of the Zeus app

Zeus Bitcoin Wallet Faces Setback as Apple Declines Latest Version

Apple has rejected the latest version of the Zeus app, a non-custodial Lightning Network-enabled Bitcoin wallet. The rejection comes just a day after Apple cautioned

June 15, 2023
Binance's SAFU

Binance Faces Shrinking Emergency Fund as SEC Legal Pressure Mounts

The recent legal actions taken by the U.S. Securities and Exchange Commission (SEC) against major cryptocurrency exchanges Binance and Coinbase have had a significant impact

June 15, 2023
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