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Latest Web 3 and Cryptocurrency News

Many newsworthy events happen throughout the crypto industry every day. These could be the latest developments about Bitcoin and mining, Ethereum, meme coins, or some of the many other altcoins on the market.

Blockchain projects keep bringing updates of old coins and developing new ones, sometimes organizing initial coin offerings (ICOs) to raise funds. At the same time, Web 3.0 is on the rise.

Among other innovations, the next stage in the development of the world wide web has brought decentralized finance (DeFi), non-fungible tokens (NFTs), and play-to-earn (P2E) games. Businesses and decentralized autonomous organizations (DAOs) are doing their best to achieve projects’ aims, while national governments and lawmakers are increasingly looking to regulate the crypto industry.

So, apart from offering reviews and informative and easy-to-grasp Crypto Academy guides, we also provide regular coverage of all the described industry fields. Stay tuned for the trustworthy news you need to hear about!

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Alameda Research sues Voyager Digital for $446M
Crypto Industry News
Alameda Research sues Voyager Digital for $446M

💸Alameda and Voyager in a heated battle over $446m in loan repayments. Alameda accuses Voyager of fueling misconduct, lawyers can’t prove collateral existed.🍿

31.01.2023 09:242 min read
DOJ requests communication ban for Sam Bankman-Fried
Crypto Industry News
DOJ requests communication ban for Sam Bankman-Fried

💥 Feds want ban on SBF’s private comms with FTX/Alameda crew. He tried swaying testimony. Ex-CEO testified he used self-destructing msgs to hide evidence. 👊

30.01.2023 09:212 min read
Galaxy Digital, Binance among potential buyers of Celsius
Crypto Industry News
Galaxy Digital, Binance among potential buyers of Celsius

Looks like the bids for Celsius are dead 💔 Turns out, even creditors and top management were left in the dark. Talk about a surprise twist in the #CelsiusSaga. 😲

27.01.2023 15:592 min read
Binance stablecoin circulating supply continues to decrease
Crypto Industry NewsBUSD
Binance stablecoin circulating supply continues to decrease

The market capitalization of the Binance USD stablecoin (BUSD) has declined over the past two months. According to CoinGecko, the circulating supply fell to $15.4 billion on Wednesday, losing $1 billion in a week and $2 billion in a month. In early December, BUSD’s market capitalization exceeded $22 billion. Immediately after the temporary halt in […]

26.01.2023 09:163 min read
Celsius may issue a new token to compensate creditors
Crypto Industry News
Celsius may issue a new token to compensate creditors

One of the reorganization options for Celsius would be to become a publicly traded U.S. regulated company. Celsius is looking to issue a new token to repay its debt to creditors, frozen on the platform since June last year. According to a Jan. 24 Bloomberg report, citing the recent video recording of the bankruptcy hearing, […]

25.01.2023 09:182 min read
BlockFi to sell bitcoin mining loans, retain talent
Crypto Industry News
BlockFi to sell bitcoin mining loans, retain talent

BlockFi plans to sell $160 million worth of bitcoin-backed mining loans amid bankruptcy proceedings. The company has also requested to pay bonuses to key talent to retain employees. The recent Bloomberg report revealed the company had started a bidding process for mining loans last year. However, some of those loans, which are around $160 million […]

24.01.2023 09:202 min read
First hearing scheduled in Genesis bankruptcy case
Crypto Industry News
First hearing scheduled in Genesis bankruptcy case

According to court documents, the first hearing in the Genesis Capital bankruptcy case is scheduled for January 23 at 2 p.m. Eastern Time. Judge Sean H. Lane, appointed by the United States Bankruptcy Court for the Southern District of New York, will decide whether to accept the Chapter 11 relief requested by Genesis and its […]

23.01.2023 09:172 min read
Bitcoin and Ethereum turn bullish, data indicates
Bitcoin NewsBitcoinEthereum
Bitcoin and Ethereum turn bullish, data indicates

Bitcoin’s (BTC) price almost surpassed a 10-year record, and Ethereum (ETH) will reach some milestones in the second quarter of 2023 due to the upcoming mainnet update. If the price of bitcoin (BTC) continues to rise, which it has been doing daily for the past 15 days, it will overturn the record set by the […]

18.01.2023 10:522 min read
Diva to bring distributed ETH liquid staking protocol
Ethereum NewsEthereum
Diva to bring distributed ETH liquid staking protocol

Stake small, earn big with Diva! 💸 Say goodbye to centralization and hello to fair rewards for all. 🌟 Join Diva on the Ethereum mainnet, and let’s decentralize together! 🚀

17.01.2023 15:502 min read
Meta/Web 3.0 News
Seoul government presents Metaverse Seoul to the public

The Seoul Metropolitan Government launched the first phase of the Metaverse Seoul project, which allows the public to access the civil services in the metaverse: from tax returns to official documents. Following the test of the beta version of the virtual environment, the mayor of Seoul, Oh Se-hoon, announced the opening of the first phase […]

17.01.2023 14:562 min read
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