News

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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Binance faces wave of withdrawals and BUSD redemptions
Crypto Industry News
Binance facing wave of withdrawals and BUSD redemptions

Binance sees major withdrawals and BUSD redemptions after regulators crack down on Paxos. 💪 Despite that, withdrawals were managed with ease. 💰

14.02.2023 09:102 min read
SEC to sue Paxos over Binance stablecoin BUSD: WSJ
Crypto Industry News
SEC to sue Paxos over Binance stablecoin BUSD: WSJ

Paxos in hot water! 💥SEC accuses Paxos of violating laws with BUSD. 30 days to fight back. Paxos to stop issuing BUSD ordered by NYDFS🚶‍♂️

13.02.2023 09:082 min read
3AC new exchange meets with rejection in crypto community
Crypto Industry News
3AC’s new exchange meets with rejection in crypto community

🔥 Controversial Open Exchange by 3AC launches amidst anger! Raised $25m. TechCrunch founder calls it “saddest bullshit”. 💔💰📈

10.02.2023 10:482 min read
Robinhood to buy out shares acquired by Sam Bankman-Fried
Crypto Industry News
Robinhood to buy out shares acquired by Sam Bankman-Fried

Big Robinhood News Alert!💰 Board gives green light to buy back shares from SBF🔥 Talks with DOJ heating up, but timing uncertain.

09.02.2023 09:042 min read
DCG sells Grayscale shares to rebalance portfolio
Crypto Industry News
DCG sells Grayscale shares to rebalance portfolio

💸 DCG sells Grayscale ETHE shares at steep discounts to support Genesis.💰This is part of DCG’s ongoing portfolio rebalancing.👀

08.02.2023 09:053 min read
DCG sells Genesis as part of bankruptcy reorganization plan
Crypto Industry News
DCG sells Genesis as part of bankruptcy reorganization plan

DCG, Genesis agree on crypto unit sale for max fund return. Gemini adds $100 million for Earn users. Court approval pending 💰💰

07.02.2023 09:162 min read
FTX to return political donations by end of February
Crypto Industry News
FTX to return political donations by end of February

FTX leaves politicians 🤛 no choice. All must return donations or will end up in court. 💼 FTX has recovered $5b, but still owes quite a bit💰.

06.02.2023 09:202 min read
Binance re-enters South Korea with acquisition of GOPAX
Crypto Industry News
Binance re-enters South Korea with acquisition of GOPAX

🚀Binance is back in S. Korea after 2 years! They just acquired a majority stake in GOPAX, a struggling crypto exchange 💰.

03.02.2023 14:152 min read
Bitcoin breaks $24K celling after 25 basis point rate hike
Bitcoin News
Bitcoin breaks $24K ceiling after 25 basis point rate hike

🚀 Bitcoin jumps past $24k after Fed’s interest rate hike! Crypto market up 3.81% in 24 hrs. Powell says disinflation process has started. 💥💸

02.02.2023 08:452 min read
Ethereum withdrawal testnet Zhejiang to go live on Feb.1
Ethereum News
Ethereum withdrawal testnet Zhejiang to go live on Feb.1

Get ready for the ride! 🚀 Ethereum’s next big thing is here. Zhejiang testnet launching on Feb 1, where you can finally test out those staked ETH withdrawals.💰

01.02.2023 09:182 min read
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