• Market Cap $2,176,971,982,413
  • 24h Volume $43,765,250,308
  • BTC Market Cap $1,168,962,953,049
  • BTC Dominance 53.7%

Cryptocurrency Latest News & Updates

This section covers fintech, blockchain and Bitcoin bringing you the latest news and analyses on the future of money.
Thu, 02 May 2024

Toncoin’s price recovery: Nabs Pantera Capital investment, Arkham partnership

Toncoin resumed growth amid investments from venture capital firm Pantera Capital....

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Thu, 02 May 2024

LayerZero confirms snapshot for possible airdrop

Interoperability giant LayerZero announced a snapshot for an upcoming airdrop, first confirmed in December....

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Thu, 02 May 2024

Mark Cuban, Kevin Durant, Steve Aoki among top crypto-invested celebrities

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

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Thu, 02 May 2024

Memecoins outperforming the market: FLOKI, WIF, KANG

Memecoin season is gaining momentum, with Floki, dogwifhat, and KangaMoon leading the charge across social media, showcasing significant price increases and promising growth potential. #sponsored...

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Thu, 02 May 2024

Nigeria postpones Binance exec trial to May 17

A Nigerian court has postponed a trial against cryptocurrency exchange Binance and two of its executives....

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Thu, 02 May 2024

Solana meme coins surge despite crypto market decline

Solana meme coins show remarkable growth, although many leading cryptocurrencies suffer heavy losses....

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Thu, 02 May 2024

Solana protocol Jito grabs $1.4b TVL

Jito boasts around 38% of assets deposited on Solana’s blockchain, and is now the biggest protocol within the SOL ecosystem....

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Thu, 02 May 2024

Fear and Greed Index falls back to fear for 1st time since October

The sharp drop in the price of Bitcoin has led to a significant deterioration in sentiment among cryptocurrency traders....

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Thu, 02 May 2024

MoonPay integrates PayPal to simplify US crypto transactions

MoonPay announced today that its U.S. users can now buy and sell more than 110 cryptocurrencies through PayPal....

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Thu, 02 May 2024

Expert tips Solana price to rally 300% in 2024, and this new meme coin to explode

Solana has been the clear forerunner of this year's bull run, with monthly trading volume reaching a new all-time high of $58.4 billion.#partnercontent...

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Thu, 02 May 2024

Sealana crypto presale goes live as Solana memecoins lead recovery

Sealana sparks a robust start in its presale, gathering $130k as Solana memecoins spearhead a market recovery, indicating a growing investor interest in new meme-driven projects. #partnercontent...

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Thu, 02 May 2024

Bitcoin miner Stronghold explores sale after halving

Following the halving, some Bitcoin miners are reshuffling operations to adjust to the new paradigm and one entity is considering all options. ...

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Thu, 02 May 2024

Spot Bitcoin ETFs reach record $563m outflows

On May 1, the U.S. spot Bitcoin ETF sector recorded a record capital outflow of $563.77 million....

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Thu, 02 May 2024

Electric Coin Company distances from direct funding of Zcash

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…...

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Thu, 02 May 2024

Former Biden advisor predicts US crypto regulation imminent

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…...

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Thu, 02 May 2024

Web3 wine marketplace Baxus raises $5m from Multicoin Capital, Solana Ventures

Baxus, a marketplace for wine and spirits, has secured $5 million in a funding round led by Multicoin Capital. Blockchain marketplace for spirits Baxus has announced a $5 million seed round led by Multicoin Capital with participation from Solana Ventures,…...

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Thu, 02 May 2024

MicroStrategy to build a Bitcoin-based decentralized identity platform

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…...

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Thu, 02 May 2024

FBI charges Manhattan man with running $43m crypto Ponzi scheme

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…...

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Thu, 02 May 2024

CEO of Nigerian exchange Patricia debunks rumors of company’s shutdown

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…...

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Thu, 02 May 2024

Popular crypto analyst backs new GameFi token, predicts big gains

Popular crypto analyst Michael Wrubel endorses the new GameFi token DICE, projecting significant growth following its successful $650k presale. #partnercontent...

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Thu, 02 May 2024

PEPE gets overheated with 13% price surge in 24 hours

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…...

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Thu, 02 May 2024

New US bill aims to eliminate double taxation on crypto staking rewards

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…...

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Thu, 02 May 2024

Miners capitulation looms if Bitcoin fails to recover significantly, CryptoQuant says

As summer looms, CryptoQuant warns that Bitcoin miners could face significant challenges ahead, particularly if prices fail to recover substantially during the warmer month. Despite Bitcoin‘s price dipping below the $58,000 mark and prompting weaker investors to sell at current…...

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Thu, 02 May 2024

DeFi protocol Aave launches major update with V4 protocol

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…...

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Thu, 02 May 2024

Dogwifhat, Bonk prices slide as traders switch to new Solana memecoin

The crypto market's decline has hit meme coins like Dogwifhat and Bonk, down 7.8% and 5% respectively, while the new memecoin Dogeverse surges with over $12.8m raised in presale. #partnercontent...

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Thu, 02 May 2024

US sanctions crypto addresses tied to Russian drone developer

The U.S. Department of the Treasury’s OFAC has sanctioned a Russian one-way attack UAV developer, which solicited donations in crypto on Telegram. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on May 1 sanctioned nearly 300…...

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Thu, 02 May 2024

Solana gains momentum following Solana-Bitcoin cross-chain announcement

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…...

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Thu, 02 May 2024

Bitcoin loses $60k support; P2E sector booms as GFOX soars

As Bitcoin loses the critical $60k support amid market turbulence, the Play-to-Earn sector thrives with Galaxy Fox (GFOX) soaring in value, highlighting a sectorial contrast. #partnercontent...

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Wed, 01 May 2024

Senator Lummis challenges DOJ’s stance on private crypto wallets

U.S. Senator Cynthia Lummis argued that the Department of Justice's position on crypto self-custody conflicts with existing Treasury guidance and breaches the rule of law....

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Wed, 01 May 2024

May crypto token unlocks valued over $3.6b

TokenUnlocks data revealed some 19 crypto projects are scheduled to release at least $10 million worth of coins into circulation this month. ...

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Wed, 01 May 2024

US prosecutors investigate crypto transactions at Jack Dorsey’s Block

The U.S. Attorney's Office is examining the financial transactions of Jack Dorsey's Block....

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Wed, 01 May 2024

Imaginary Ones secures new funding to expand web3 entertainment ecosystem

Web3 entertainment firm Imaginary Ones has recently secured substantial funding in a round to accelerate the development of its web3 entertainment ecosystem....

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Wed, 01 May 2024

Exploring the impact of three notable altcoins within the crypto space

KangaMoon, Ripple, and VeChain are stirring significant attention in the crypto market, with KangaMoon's presale surging and analysts projecting major breakouts for XRP and VET. #sponsored...

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Wed, 01 May 2024

Bitcoin falls below $57k, market analysts doubt quick recovery

Bitcoin rate fell below $60,000 shortly after the verdict was announced for Binance Founder Changpeng Zhao...

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Wed, 01 May 2024

Bitcoin’s price may remain flat as spot ETF outflows advance 

Bitcoin prices plunged or traded sideways after the halving, prompting opinions that BTC price activity could cool as spot ETF outflows proceeded. ...

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Wed, 01 May 2024

UK Treasury warns of money laundering risks via cryptocurrency

The UK Treasury presented a report on the department's work over the past two years, highlighting the risks associated with crypto....

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Wed, 01 May 2024

Securitize receives $47m funding round headed by BlackRock

Securitize has recently finalized a substantial $47 million funding round led by BlackRock to support its ongoing innovations and expansion in digital asset securities....

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Wed, 01 May 2024

Losses from crypto hacks drop 67% to $60m in April

In April, crypto fraudsters stole $60.2 million, a 67% decrease from March....

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Wed, 01 May 2024

A16z buys $90m of Optimism’s OP token in private deal

Sources report that Andreessen Horowitz has invested nearly $90 million in Optimism's OP token, affirming its commitment to the Ethereum layer 2 solution....

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Wed, 01 May 2024

Messari: RWA market’s TVL approached $8b

Crypto research firm Messari found that between February and April, the total value locked of real-world asset protocols increased by almost 60%....

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Wed, 01 May 2024

Tether bags record $4.5b profit in Q1

USDT issuer Tether set a new record after making $4.5 billion in net profits during the first quarter of 2024. ...

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Wed, 01 May 2024

Ethereum’s Buterin advocates multisig, says Shamir backup is ‘way easier to screw up’

Ethereum co-founder Vitalik Buterin publicly favored multisig over Shamir backup, saying the latter is “way easier to screw up” for ordinary users. In an X discussion among crypto enthusiasts, worries about the security risks linked to cold wallets have taken…...

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Wed, 01 May 2024

India’s financial watchdogs seize over $30m in crackdown on crypto fraud 

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…...

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Wed, 01 May 2024

Too harsh or too lenient? Changpeng Zhao’s sentence divides opinion

While many in the crypto community have leapt to the billionaire’s defense, others claim four months is an “egregious miscarriage of justice.” Let’s deal with the obvious irony first. After years and years of dismissing FUD, fake news and attacks…...

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Wed, 01 May 2024

South African crypto exchange VALR picks Poland for expansion in Europe

Pantera-backed crypto exchange VALR will now offer services in Poland as part of its global expansion efforts. South African cryptocurrency exchange VALR is moving beyond the African continent, choosing Poland as its first stop in expansion across the globe. In…...

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Wed, 01 May 2024

Renzo (REZ) plummets 43% after Binance listing and airdrop

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…...

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Wed, 01 May 2024

Circle-backed protocol Pike Finance loses $1.6m due to ‘USDC vulnerability’

Decentralized protocol for cross-chain lending Pike Finance has suffered a $1.6 million loss due to weak security measures in functions managing USDC transfers. Pike Finance, a decentralized finance protocol specializing in cross-chain lending, fell victim to a hacking attack, resulting…...

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Wed, 01 May 2024

Bitcoin falls below $57k for the first time in two months

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…...

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Wed, 01 May 2024

Crypto community reacts to Changpeng Zhao’s 4-month sentence

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…...

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Wed, 01 May 2024

Nigerian Central Bank halts fintech new accounts to curb crypto trading

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…...

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