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Cryptonews Latest News

Latest News (Page 1035)

Binance Converts User Emergency Fund Assets into USDC for Enhanced Stability
Binance has decided to convert the entire pool of assets held in its emergency fund for users into USDC (USD Coin).
, by Ruholamin Haqshanas
Tribe Capital-Backed Nibiru Chain Allocates Over $15M in Developer Grants
HashKey, Kraken Ventures, Tribe Capital-backed Nibiru Chain is launching a $15 million grant program to support developers with a focus on the Asian market. According to a press release shared with CryptoNews, “Nibiru Builder Grants” initiative is part of a strategic effort to...
, by Hongji Feng
Former Ethereum Developer Virgil Griffith Seeks Sentence Reduction for Assisting North Korea with Blockchain Technology
Former Ethereum developer Virgil Griffith, who was sentenced to 63 months in prison, has filed a request for a sentence reduction. 
, by Ruholamin Haqshanas
Sweden Busts 18 Data Centers for Secretly Mining Crypto
Sweden’s tax agency identified irregularities in 18 locally operating companies, finding that they hid their involvement in crypto mining, it said Wednesday. The investigation, which spanned from 2020 to 2023 and focused on data center operations, revealed that they deliberately exploited...
, by Shalini Nagarajan
Citadel-Backed Hidden Road Partners Targets $120M in Series B
Hidden Road Partners, Citadel Securities-backed prime brokerage, plans to raise $120 million in its Series B funding round, aiming for a market valuation of $1 billion. According to a Bloomberg report, sources familiar with the matter, who requested anonymity due to the information sensitivity,...
, by Hongji Feng
Binance Plots Comeback to India with $2M Penalty: Report
Crypto exchange Binance is considering re-entering India’s market after having been banned there in late 2023. The potential re-entry would involve a penalty of about $2m, the Economic Times reported Thursday. The platform’s return would be contingent upon registration with the...
, by Shalini Nagarajan
The Lightning Network Is Beneficial For Small-Scale Bitcoin Miners Pre-Halving
The Lightning Network benefits small-scale Bitcoin miners pre-halving. Discover how it enables instant, low-cost payouts now.
, by Rachel Wolfson
Could Stablecoin Ethena (USDe) Collapse Like Terra LUNA? CryptoQuant Investigates
Emerging stablecoin Ethena (USDe) poses unique risks for holders compared to other dollar-denominated tokens, argued CryptoQuant in a new report on the matter. The Unique Risks Of Ethena (USDe) Boasting a market cap of over $2.3 billion today, Ethena emerged in late February and quickly became...
, by Andrew Throuvalas
Crypto Billionaire Justin Sun Moves $196 Million in Tether To Binance – What is He Buying?
Justin Sun's transfer of $196M in Tether to Binance raises questions about his intentions and the broader crypto market. Explore the implications of this move and recent whale activity involving Tron Founder and other major players.
, by Jimmy Aki
New Zealand Begins Plans To Introduce CBDC
The Reserve Bank of New Zealand is actively exploring a central bank digital currency (CBDC) called "Digital Cash." Learn about the motivations, objectives, and potential timeline for introducing a New Zealand CBDC.
, by Jimmy Aki
Cyprus SEC Extends FTX Europe’s License Suspension Until September 2024
FTX Europe faces an uncertain future as CySEC prolongs its license suspension until September 2024. The exchange is grappling with legal challenges and must fulfill existing obligations to clients.
, by Hassan Shittu
White Hat Hacker Team SEAL Launches Threat-Sharing Platform for Crypto
SEAL ISAC: A new threat-sharing platform by the Security Alliance (SEAL) seeks to enhance crypto security. Discover how SEAL ISAC connects experts, shares vital intel, and provides resources to fight cyber threats in the crypto ecosystem.
, by Hassan Shittu
Telegram Founder Says Crypto-Like Communication Devices Could Thwart Government Spying
Pavel Durov, founder of the encrypted instant messaging app Telegram, believes that growing government surveillance will drive innovation in secure communication, modeled on cryptocurrency hardware wallets.During an interview with Tucker Carlson, Durov expressed concern about government pressure on...
, by Harvey Hunter
BTC Bears Eye Break Below $60,000 as ETF Flows Slow, Macro Headwinds Grow – Here’s Where the Bitcoin Price is Headed Next
Bitcoin (BTC) bears are eyeing a break below the key psychological $60,000 level, with ETF flows having slowed this week and macro headwinds continuing to pile up. Some are even predicting that the Bitcoin price could be headed towards $50,000 next. The Bitcoin price briefly dipped as low as $...
, by Michael Davis
Upbit Halts Transactions Over 1 Million KRW Following Changes to VASP – Here’s the Latest
Upbit, one of South Korea's largest cryptocurrency exchanges, has temporarily suspended deposits and withdrawals exceeding 1 million Korean won ($721).This decision, outlined in an official statement released today (April 17), follows modifications to the operations of Ten&Ten, a local...
, by Hassan Shittu
BlockDAG Sets New Standards: Outshining Solana Blockchain and Aptos with $17.8M Presale and Moonshot Keynote Teaser
In Q1 2024, the Solana blockchain led the pack with an impressive 2.4 Billion transactions. Despite its success, Solana faced issues with transaction failures that stirred negative market reactions. Meanwhile, the Aptos (APT) price struggled, dropping over 16%. Amid these fluctuations, BlockDAG...
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