Cryptocurrency News

A Chinese local court has started the trial in the case of Shenzhen Shikongyun (Space-Time Cloud) Technology, a major Filecoin mining firm, for an alleged $83.2 million pyramid scheme. The ongoing trial in Pingnan County...

Bank of America has provided its analysis of Paypal’s U.S. dollar stablecoin and the Fednow payments system. The bank does not expect the widespread adoption of PYUSD to occur in the near future, noting that the introd...

The U.S. and Australia are considering banning ransomware payments, but will it solve the problem, or harm people and destroy businesses?

Dogecoin dropped to a one-month low on Wednesday, as a red wave swept through cryptocurrency markets. Bearish sentiment remained high as the session progressed, with the global market cap falling by nearly 2% today. XRP ...

This week's episode of The Market Report discusses the spot Bitcoin ETF that just launched in Europe and why the U.S. still lags behind.

Coinbase is preparing to roll out cryptocurrency futures trading for institutional investors in the United States.

The cybersecurity firm has still been unable to determine the actual names or identities of the hackers despite the findings.

The Monetary Authority of Singapore (MAS) unveiled regulations aimed at ensuring the value stability of each stablecoin regulated in the city-state. Under the new rules, issuers that want their fiat-pegged tokens to be l...

Shibarium's beta phase saw a total of 21 million wallets on the L2, driving the interest of users months before the launch.

Markets continue to slump, giving advantage to the bears and hinting at a trend change to the downside.

The volatile nature of the cryptocurrency market is once again underscored as Bitcoin, the foremost digital currency, witnesses a significant drop, plummeting to levels around $29,000. Amidst an overall tumble in crypto ...

The former U.S. president currently holds $2.8 million in ETH after debuting an NFT collection last year, fresh disclosures reveal.

The fintech giant's PYUSD stablecoin has forced a rethink among Democratic policymakers who previously resisted federal legislation, says John Rizzo.

In recent communications to its U.K. clientele, Paypal has announced a temporary suspension of cryptocurrency purchases starting October 1, 2023, with plans to resume in early 2024. Notably, even amidst this hiatus, user...

The Federal Bureau of Investigation (FBI) seized digital assets worth $1.7 million from March to May in the United States. According to the filing, the Federal law enforcement agency seized Bitcoin (BTC), Ether (ETH), US...

SpiritSwap previously had its entire treasury drained due to the ongoing Multichain exploit.

Around two months after the US Securities and Exchange Commission (SEC) filed lawsuits against major exchanges Binance.US and Coinbase, targeting 19 cryptocurrencies that were designated as unregistered securities, the s...

Ryan Salame, a former executive of now-defunct cryptocurrency exchange FTX, has declined to testify about his involvement in an alleged illegal campaign donation scheme. According to a motion filed by U.S. federal prosec...

The buzzy blockchain project's SEI token saw a flurry of trading as it debuted on several crypto exchanges Wednesday, but there was much confusion over the status of a promised token "airdrop" to early adopters of the ne...

The digital asset trust firm Bitgo, headquartered in Palo Alto, California, has secured $100 million in a Series C funding round. While the company remains tight-lipped about the participants in this financial endeavor, ...

Crypto assets present "novel and complex risks" to the banking sector that are "difficult to fully assess," according to the Federal Deposit Insurance Corporation (FDIC)'s 2023 Risk Review for the banking sector. The rep...

Dubai's Virtual Assets Regulatory Authority (VARA) has slapped failed 3AC co-founders with a massive $2.7 million fine against their new crypto project OPNX. Crypto exchange OPNX, co-founded by Kyle Davies and Su Zhu who...