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Latest Crypto News

Get the inside scoop on the latest developments, trends, and industry insights to stay up–to–date on the ever–evolving crypto landscape.

IMF has raised concerns about the widespread proliferation of crypto assets

IMF Alerts G-20: Crypto Usage Can Pose Challenges for Banks

The International Monetary Fund (IMF) has raised concerns about the widespread proliferation of crypto assets and the potential impact on banks. In a report titled

March 13, 2023
Decentralized exchanges (DEX) Uniswap and Curve reached lifetime high trading volumes over the weekend as traders hurried to exchange their token holdings, particularly USD Coin (USDC).

Uniswap and Curve Reach Record High Trading Volumes as Traders Rush to Exchange USDC

Decentralized exchanges (DEX) Uniswap and Curve reached lifetime high trading volumes over the weekend as traders hurried to exchange their token holdings, particularly USD Coin

March 13, 2023
South Korea Goes All-In on Metaverse with New Fund for National Programs

South Korea Aims to Fast-track National Programs with Metaverse Fund Launch

While the global economy continues to grapple with crypto price instability and ecosystem collapses, South Korea is forging ahead with its vision of the metaverse

March 12, 2023
USDC Stablecoin Takes a Hit as Circle Reveals Silicon Valley Bank Exposure

USDC Stablecoin Loses 13% of Value Following Circle’s Silicon Valley Bank Disclosure

The world of cryptocurrencies has been in turmoil in recent days as the USDC stablecoin, the second-largest by market cap, experienced a sharp drop in

March 12, 2023
Binance and Coinbase have temporarily suspended USDC conversions,

Crypto Exchanges Coinbase and Binance Suspend USDC Conversions, Rattled by Depegging Concerns

Top cryptocurrency exchanges Binance and Coinbase have temporarily suspended USDC conversions, adding to the panic in the crypto market. The suspensions came after Circle, the

March 12, 2023
Circle, the issuer of the USDC stablecoin

Circle Stands Firm with USDC, Covers $3.3 Billion Shortfall at Silicon Valley Bank

Circle, the issuer of the USDC stablecoin, has pledged to cover any shortfall caused by the collapse of Silicon Valley Bank. In a blog post,

March 12, 2023
Despegar travel agency in Latin America, has partnered with Binance Pay

Despegar Paves the Way for Crypto Adoption in LATAM’s Travel Industry

Despegar, one of the leading travel agencies in Latin America, has partnered with Binance Pay and Inswitch to enable cryptocurrency payments for tour packages. Despegar

March 12, 2023
The US SEC has filed an action against BKCoin and its co-founder Kevin Kang

US SEC Files Complaint Against BKCoin and Co-Founder for Orchestrating a $100 Million Scam

The US Securities and Exchange Commission (SEC) has filed an action against financial advisory firm BKCoin and its co-founder Kevin Kang for allegedly defrauding investors

March 12, 2023
Justin Sun confirmed a transfer of $100 million in USDC to Huobi exchange

Justin Sun Commits $100 Million to Create Huobi Liquidity Fund through USDC Transfer

Huobi has created a $100 million liquidity fund to protect against sudden drops in the HT token’s value. This move came in response to a

March 10, 2023
Hedera Mainnet Breached, Service Tokens Stolen in Recent Exploit

Hedera Hashgraph Confirms Smart Contract Exploit Leading to Theft of Liquidity Pool Tokens

Hedera, the team behind the distributed ledger Hedera Hashgraph, has confirmed a smart contract exploit on the Hedera Mainnet that has resulted in the theft

March 10, 2023
Huobi Token (HT) experienced a sudden flash crash in the early hours of March 10

Huobi Token Crashes 93% in Minutes, Justin Sun Cites Market Fluctuations and Forced Liquidations

Huobi Token (HT) experienced a sudden flash crash in the early hours of March 10, dropping from around $4.70 to below $0.40 in just minutes.

March 10, 2023
New Crypto Team Established by US Fed to Tackle Growing Stablecoin Concerns

US Fed Establishes Crypto Task Force to Address Risks of Unregulated Stablecoins

The United States Federal Reserve is stepping up its efforts to keep pace with the ever-evolving cryptocurrency industry by establishing a dedicated team of experts.

March 10, 2023
FTX’s former Lead Engineer

Authorities Confiscate FTX Executive’s $3.7 Million Island Abode

Nishad Singh, FTX’s former Lead Engineer, made headlines last October when he purchased a $3.7 million vacation home on the San Juan Islands. The sprawling

March 10, 2023
Biden Administration Takes Aim at Cryptocurrency Industry with New Tax and Regulatory Measures

US Government Looks to Increase Revenue with Proposed 30% Tax on Crypto Mining

The Biden administration has recently proposed a new tax on cryptocurrency miners and the elimination of tax-deductible losses related to wash-trading of crypto tokens. This

March 10, 2023
Sam Bankman-Fried's Criminal Trial Delay May Be Necessary, Says Attorneys

SBF Lawyers Request Delay in October Trial Due to Insufficient Evidence

Attorneys representing Sam Bankman-Fried (SBF), the founder of crypto exchange FTX, have suggested that a delay of his upcoming criminal trial may be necessary. SBF’s

March 10, 2023
SWIFT’s CBDC Interconnection Project Enters Second Phase

SWIFT Moves Forward with CBDC Pilot After Successful Initial Phase

In a statement released on Thursday, interbank messaging company SWIFT has announced that its project to interconnect central bank digital currencies (CBDCs) has shown “clear

March 9, 2023
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