Cryptocurrency News

Cryptorush Casino data reveals that celebrities Mark Cuban, Kevin Durant, Baron Davis, and Steve Aoki hold crypto in their investment portfolios.

Electric Coin Company appears to be shifting its Zcash funding approach, calling for decentralization. The Electric Coin Company (ECC), a firm behind the Zcash cryptocurrency, has announced a shift in its funding approach for the token, signaling a departure from…

The double-edged nature of cryptocurrencies has become increasingly apparent, particularly in their role in facilitating child sexual abuse material (CSAM). Speaking to crypto.news, former Whitehouse insider Moe Vela said he expects the government to intervene soon. U.S. Senators Elizabeth Warren and Bill Cassidy…

MicroStrategy has announced plans to launch a decentralized identity solution on the Bitcoin (BTC) network that stores and retrieves information using Ordinal-based inscriptions.  MicroStrategy executive chairman Michael Saylor announced the solution, named ‘MicroStrategy Orange,’ at the company’s Bitcoin For Corporations conference on…

The FBI has uncovered a multi-year Ponzi scheme defrauding investors of $43 million, linked to crypto trading, with an individual now facing wire fraud charges. A Manhattan resident, Idin Dalpour, is accused by the FBI of orchestrating a multi-million-dollar Ponzi…

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…