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Major Black Friday Deal: Scorpion Casino Offers a 50% Bonus on Presale as Investors Flock to Invest
23.11.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Scorpion Casino (SCORP) is genuinely a unique project, providing both entertaining gaming and casino experiences that are highly rewarding. Several news outlets have covered this in recent weeks...
Heco Bridge Breach Drains $86 Million — Justin Sun’s HTX-Linked Venture Faces Major Security Setback
22.11.2023
Numerous sources have reported that the Heco Bridge, a cross-chain conduit linking Ethereum with the Heco blockchain, has suffered a security breach, resulting in a loss of $86 million. Subsequent to the heist, the stolen funds were redirected to various decentralized exchange (dex) platforms....
Crypto Regulation News Weekly Digest: SEC Sues Kraken and IOSCO Issues Crucial Crypto Regulations
21.11.2023
  Multiple countries advanced cryptocurrency oversight last week through legal actions, guidance, and policy initiatives. Image by RareStock, Adobe Stock. The past week brought several new major developments on the crypto regulation front. The SEC sued a major crypto exchange, IOSCO developed...
Today in Crypto: 11 Former Revolut, Spotify, and Coinbase Leaders Unveil Zeal Wallet, Ondo Finance Launches Tokenized US Treasury Product on Injective
21.11.2023
Source: AdobeStock / trekandphoto Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Wallet news The team consisting of 11 former Product and Engineering leaders from Revolut, Spotify, and Coinbase...
De.Fi 2.0: Revolutionizing SocialFi & Antivirus, Secures $5 Million in Funding
21.11.2023
Source: Adobe / BeNeDak De.Fi, a platform that describes itself as a “SocialFi & Antivirus SuperApp,” has achieved a major milestone with the introduction of decentralized finance (DeFi) platform De.Fi 2.0, along with an ongoing public sale of its DEFI token. So far, the project...
Tencent, Huawei Make Bold Moves in Web3 Amid China’s Crypto Constraints
21.11.2023
Source: LT/Adobe Tencent and Huawei, two major Chinese tech giants, are making notable strides in the Web3 space despite the country’s stringent regulations on cryptocurrency trading. At the Staking Summit in Istanbul, a two-day conference featuring top minds in proof-of-stake (PoS)...
Top Global Banks Reveal $10.27 Billion in Crypto, XRP Among Top Investment
21.11.2023
Source: Adobe Major global central banks, spanning Europe, North America, and other regions, have revealed a significant investment in crypto, with XRP emerging as a preferred digital asset. According to the Basel Committee on Banking Supervision (BCBS), a global regulatory authority on banks,...
Crypto Media Firm Coindesk Acquired by Bullish in All-Cash Deal
20.11.2023
Crypto media firms in 2023 are emerging with new owners. After Foresight Ventures, a Singaporean Web3 venture capital firm acquired a major stake in the publication The Block, a week later, the crypto publication Coindesk was acquired by Bullish, a firm led by former New York Stock Exchange...
Major Cryptocurrencies Bitcoin and Ethereum Now Available for Swiss Santander Accounts
20.11.2023
Source: Adobe / Casa.da.Photo Santander Private Banking International is now allowing its high-net-worth clients with bank accounts in Switzerland to trade and hold Bitcoin (BTC) and Ether (ETH). A part of the Spanish banking giant Banco Santander, Santander Private Banking International plans...
Is Celestia Going to Zero? TIA Price Suffers 6% Fall as New Bitcoin Mining Project Takes All the Limelight – How Does it Work?
20.11.2023
Rapidly growing modular blockchain layer-1 Celestia has undertaken a major rally since the TIA airdrop, however, with TIA price falling -6% over the past two-days – is Celestia going to zero? Celestia did what other airdrops such as Arbitrum couldn’t, TIA has mounted a sustained upside...
Atomic Wallet Parent Company Seeks Dismissal of $100 Million Lawsuit, Citing Jurisdictional Challenge
20.11.2023
Source: Pixabay The parent company of Atomic Wallet, a popular cryptocurrency wallet, has filed a motion in a United States court seeking the dismissal of a class action lawsuit. The lawsuit, which seeks damages totaling $100 million, alleges that the company failed to adequately protect user...
Report: Jump Trading Cuts Ties With Wormhole Amid Staff Reductions
19.11.2023
Based on a recent report, Jump Trading Group, known for its focus on algorithmic and high-frequency trading techniques, has reportedly severed ties with the Wormhole crypto initiative, known for its cross-chain communication services. Last year saw Wormhole suffer a significant loss of 120,000...
Jupiter to Roll Out First Phase of Major Airdrop: 1 Billion JUP Tokens to Reward 955,000 Solana Wallets
17.11.2023
The decentralized exchange (dex) Jupiter has unveiled specifics regarding the distribution of the first 10% tranche of its community airdrop, encompassing 1 billion jupiter (JUP) tokens from a total pool of 10 billion. This initiative is designed to honor 955,000 distinct Solana wallets that...
Asia-based Crypto Exchange XREX Secures In-Principle Approval for Major Payment Institution License in Singapore
17.11.2023
Source: AdobeStock / Richie Chan On November 16, XREX, an Asia-based cryptocurrency exchange specializing in cross-border payments, achieved a significant milestone by receiving in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This...
A Major Vulnerability Found in Early Crypto Wallet Software Risks Billions in Assets
17.11.2023
A critical vulnerability in early cryptocurrency wallets, identified by cybersecurity startup Unciphered, threatens billions of dollars in digital assets. Originating from a flaw in the BitcoinJS software used for wallet generation between 2011 and 2015, this issue exposes wallets to potential...
Critics Alarmed as 2 Major Mining Pools Dominate Over 50% of Bitcoin Hashrate
16.11.2023
On Wednesday, crypto analyst Chris Blec highlighted that Bitcoin’s two major mining pools now control over half of the network’s total hashrate. Blec posits this dominance could transform bitcoin mining into an industry adhering to regulatory standards, with all miners required...
Tether plans major expansion into BTC mining with $500M investment: Report
16.11.2023
Tether has ambitions to reach 1% of BTC mining computing power under its new CEO Paolo Ardoino. New facilities in South America will be part of the push
US Congress Kicks Against SEC’s SAB 121 Rules in Latest Memo
16.11.2023
Source: AdobeStock The US Securities and Exchange Commission’s (SEC) latest release of its Staff Accounting Bulletin (SAB) 121 is receiving major backlash from legislators. Making their opinions heard in a memo dated November 15, several members of the US Congress wrote to the Chairman of...
DeFi Market Concentration: Gauntlet Data Reveals Few Major Projects Dominate the Industry
16.11.2023
Image Soure: Adobe A limited number of participants are currently dominating decentralized finance (DeFi), the sector aiming to recreate financial markets without intermediaries. According to data gathered by Gauntlet, a crypto-risk modeling company, most categories within DeFi, such...
Crypto.com Partners with PSG Soccer Team for Early Access to Blvck Paris Fashion Collab NFTs
16.11.2023
Paris Saint-Germain. Source: Adobe / fifg In a fusion of sports, fashion and crypto, major crypto firm Crypto.com has teamed up with Paris Saint-Germain F.C. and Blvck Paris for an exclusive collaboration, offering fans early access to a highly anticipated fashion collection through non-fungible...