Cryptocurrency News
Latest Cryptocurrency News
Fejiro Hanu, CEO of Nigerian crypto exchange platform Patricia, recently took to his X account to refute rumors circulating about the exchange’s imminent closure amid its battle to scale customer fund loss. Hanu denied the growing speculation, emphasizing that the…
The price of Pepe coin (PEPE) is gaining bullish momentum after a week of constant declines. PEPE is up by 13.5% in the past 24 hours and is trading at $0.00000694 at the time of writing. The asset’s market cap…
Two U.S. lawmakers have proposed a bill that clarifies the taxation framework for cryptocurrency staking rewards. Bipartisan lawmakers Reps. Wiley Nickel, D-N.C., and Drew Ferguson, R-Ga, introduced the Providing Tax Clarity for Digital Assets Act on May 1 to clarify…
Aave Labs has unveiled its 2030 strategic roadmap, which includes multiple key initiatives such as Aave V4, a new visual identity, and expanded defi functionality. On May 1, the DeFi lending platform launched a governance proposal dubbed “Temp Check” to solicit community…
Solana (SOL) has gained bullish momentum as the Zeus Network plans to connect it with the Bitcoin blockchain. SOL is up by 4% in the past 24 hours and is trading at $129.9 at the time of writing. The asset’s…
TokenUnlocks data revealed some 19 crypto projects are scheduled to release at least $10 million worth of coins into circulation this month.
India’s Enforcement Directorate (ED) has cracked down on two major crypto scams operating in the nation, duping investors by promising massive returns. The ED has managed to seize a staggering INR 90 crores (approximately $10.7 million) worth of cryptocurrencies, dealing a severe blow…
Market data indicates that the liquid restaking protocol’s Renzo Token (REZ) has experienced a significant downturn over the past 24 hours, with this market drop coming up shortly after the Binance listing. Renzo Token’s debut on the market was marked…
Bitcoin (BTC) price has been on a downward momentum over the past week with the asset falling below the psychological $60,000 mark amid heightened whale activity. BTC declined by 8% in the past 24 hours and is trading at around…
On April 30, Judge Richard Jones sentenced Zhao to four months in prison, going against the U.S. Department of Justice (DOJ)’s recommendation for a three-year jail sentence. London-based financial services lawyer Rabya Anwar told crypto.news that the stories of Zhao…
The Nigerian Central Bank has requested four fintech companies to pause creating new accounts in a bid to block crypto traders from accessing them. As per a report from Nigerian news outlet Techcabal, the Central Bank of Nigeria (CBN) has directed four key players in…
Solana-based meme coins Bonk Inu (BONK) has surpassed Floki Inu (FLOKI) in market capitalization, becoming the fifth-largest meme coin. The cryptocurrency market has undergone a correction in recent weeks, with leading digital assets like Bitcoin (BTC), Ethereum (ETH), Solana (SOL),…
Discover how tokenization impacts the traditional financial ecosystem by digitizing assets. According to a report by digital asset management firm 21.co, tokenization’s market could swell to as much as $10 trillion by the end of the decade, driven by the…
One in two Indians have included cryptocurrencies in their retirement plans. Per a survey conducted by the crypto exchange Mudrex, respondents between the ages of 20 and 60 were interviewed across a broad range of income brackets. The results indicated that 45% of respondents…
India’s Enforcement Directorate (ED) has collaborated with authorities in the United States to crack down on an INR 3000 crore (approx $360 million) drug trafficking operation involving cryptocurrencies. According to local reports, the ED teamed up with the Federal Bureau…
Spot crypto exchange-traded funds (ETFs) introduced on the Hong Kong stock exchange have paved the way for a future wave of Chinese investors, according to industry experts. In an interview with Bloomberg TV, Yimei Li, CEO of China Asset Management,…