Cryptocurrency News

Speaking to crypto.news in an interview, Sebastien Borget, co-founder & COO of The Sandbox, discussed the hurdles that web3 gaming faces on the path to mainstream adoption. Web3 is transforming the gaming sector. In what can be seen as a…

Australia’s tax office is targeting up to 1.2 million users, seeking their personal data and transaction details from crypto exchange. Australia appears to be targeting over a million crypto investors, seeking their personal data and transaction details from crypto exchanges,…

Asset management firm Franklin Templeton sees growing potential in Solana to cement itself as the third-largest cryptocurrency in the market. The asset manager with over $1.5 trillion in assets under management (AUM) took to X on May 2 to praise…

Ethereum (ETH) liquidations surpass Bitcoin’s (BTC) for the second time over the past seven days. According to data provided by Coinglass, global crypto liquidations reached $195.11 million in the past 24 hours. ETH is currently sitting on top with a…

Grayscale’s Bitcoin Trust (GBTC) experienced a second consecutive day of net inflows, marking a notable turnaround from the outflows exceeding $17.5 billion since the introduction of spot Bitcoin (BTC) ETFs in January.  According to data provided by Farside Investors, GBTC,…

The Digital Chamber, a digital asset sector trade association, has slammed the SEC for issuing a Wells notice to Robinhood Crypto. On May 6, the group issued a statement in which it expressed “profound disappointment and concern” about the latest notice. The…

Digital fintech app Revolut has reportedly started onboarding experienced traders on its cryptocurrency exchange dubbed Revolut X. British fintech company Revolut has started what appears to be a phased introduction of its crypto exchange, Revolut X, as part of its…

The co-founder and CEO of LayerZero Labs, Bryan Pellegrino, discussed concerns about company employees participating in its upcoming airdrop. In an X post on May 7, Pellegrino said that all the LayerZero Labs employees are “100% restricted” from participating in…

Robinhood Markets Inc. has received a Wells notice from the U.S. SEC, warning of a possible enforcement action over its crypto operations.

The Philippine Securities and Exchange Commission (SEC) is looking to introduce a regulatory framework for cryptocurrencies in the second half of 2024. According to a local report, SEC chair Emilio B. Aquino said the guidelines would aim to regulate cryptocurrency trading in…

QUBIC, the native token of the L1 blockchain Qubic, has surged by 21% in the last 24 hours as analysts predict a 1000x potential rise in an anticipated altcoin season. At the time of writing, QUBIC is trading at $0.000007 with a…

Solv Protocol, a decentralized liquidity financial protocol, has reported a significant milestone in its operations.  According to an announcement on X, the protocol has attracted over 12,000 Bitcoin (BTC) in investments across multiple chains, including Arbitrum, BNB Chain, and Merlin…

Cryptocurrency exchange Crypto.com says it has surpassed the 100 million global user mark since its establishment in 2016. Crypto exchange Crypto.com has registered 100 million users around the globe as the platform doubles down on its international expansion. In a…

Worldcoin (WLD) has emerged as the top gainer among the leading 100 cryptocurrencies amid bullish market sentiment. WLD surged by 23.6% in the past 24 hours and is trading at $6.50 at the time of writing — reaching this level…

The United States Department of Justice (DoJ) has arrested Maximilien de Hoop Cartier, a successor to the French luxury brand Cartier, over money laundering charges using cryptocurrency.  Per a May 2 indictment, the accused has been charged with drug trafficking…

What role does cryptocurrency supply play in shaping the value and scarcity of digital assets? A fundamental aspect of most crypto assets is their unique supply mechanism, which largely differs from fiat currencies. Unlike fiat currencies issued by governments and…