Cryptocurrency News

In an exclusive interview with Kadan Stadelmann, CTO of non-custodial wallet and atomic swap DEX platform Komodo, we discussed the implications that the upcoming halving might have on Bitcoin and the broader cryptocurrency market.   The Bitcoin halving is almost here, and all eyes…

Spectra Chain’s native token, SPCT, experienced a significant decline, plummeting 43% on Friday morning following emerging allegations of a potential rug pull by its team. At the time of writing, the token was trading at $0.0094, marking a 27% fall…

Jeremy Allaire, CEO of Circle, recently discussed USDC’s operations and the growing importance of stablecoins within the global economy.  “We’re now seeing essentially stablecoin rules coming into place all around the world. And alongside that, that’s enabling us to really…

Binance COO Noah Perlman says monitoring agreement with U.S. regulators is now posing challenges for the exchange despite viewing the deal as an opportunity for improvement. Binance‘s plea agreement with the U.S. Department of Justice, which includes an independent compliance…

Smart contract platform Nibiru Chain has unveiled a $15 million initiative in NIBI tokens to fuel its developer ecosystem. Nibiru Chain, a proof-of-stake blockchain backed by HashKey Capital and Kraken Ventures, has allocated $15 million in NIBI tokens as part…

Google Ads again appears to be promoting a faked version of a crypto website that directs users to a phishing website clone that drains users’ crypto. Google seems to be once again promoting malware crypto websites through Google Ads, an…

Binance is eyeing a comeback to India following a 4-month ban placed on the exchange by the nation’s Financial Intelligence Unit (FIU). Two sources familiar with the development claim that the exchange has agreed to pay a $2 million penalty…

At Token2049, Binance CEO Richard Teng addressed key issues in the crypto space, focusing on the regulation of stablecoins and the complex situation of a detained Binance executive in Nigeria. Binance CEO Richard Teng headlined a panel on crypto regulation,…

Ethena (ENA), the synthetic U.S. dollar protocol built on the Ethereum network, recorded a notable plunge as the market witnessed bearish sentiment. ENA is down by 17% in the past 24 hours and is trading at $0.84 at the time…

Crypto.com’s venture arm has scaled back its investment activity as the sustainability of surging valuations in the sector becomes less evident. Crypto.com Capital, a venture arm of the company of the same name which had $500 million available for investments…

Cryptocurrency-focused service providers in Canada will face stricter regulatory mandates after new laws were introduced in the nation’s 2024 federal budget. Announced on April 16, the budget plans to enforce the Crypto-Asset Reporting Framework (CARF), a system approved by the…

In an interview with Tucker Carlson, the elusive Telegram CEO Pavel Durov emphasized that crypto’s focus on privacy and security may soon be undermined by surveillance hardware. Despite the increasing role of governments as they involve themselves in privacy matters,…

Regulators in Norway are looking to clamp down on cryptocurrency mining via a new law for data centers operating in the nation. According to a report from local media VG, the new framework will mandate that data centers register officially…

A new Bitcoin (BTC) ordinals project called Bitcoin Wizards, and its native token WZRD, are dominating both the crypto and non-fungible token (NFT) sectors after recording significant gains over the past day. WZRD is up by 88% in the past…

The value of the stablecoin Pax Dollar (USDP), issued by the Paxos Trust Company, experienced a surge to a high of $1.28, triggering the liquidation of $529,000 in USDC for a market participant.  Like regular stablecoins, USDP is designed to…

Accounting firm EY has launched an Ethereum-based blockchain solution to help businesses execute complex agreements efficiently while cutting costs and bolstering security. On April 17, EY announced the launch of the EY OpsChain Contract Manager (OCM), a blockchain-enabled solution designed…