Cryptocurrency News

Cryptocurrency (often just called “Crypto”) is digital currency.

The transactions for which are not processed through central banks, but rather on a blockchain where each and every transaction is verified and recorded using cryptography. The decentralized nature of the blockchains that enable cryptocurrency ensure secure online payments for individuals or businesses.

Cryptocurrency is often only thought of in terms os "bitcoin". It's understandable as BTC is the most popular cryptocurrency, however, there's far more cryptocurrencies available out there. And there's a lot in terms of development that's poised to reshape the world.

At DeRev, we believe that cryptocurrencies will form a solid foundation in the future of finance. We'll bring you the best cryptocurrency news so you know how things are moving so you're never left behind the crowd.

Cryptocurrency News

Dennis Porter Suggests Student Loan Forgiveness Program With Bitcoin

Dennis Porter, the current CEO of Satoshi Action Fund, recently proposed a student loan forgiveness program involving the use of the most popular cryptocurrency, Bitcoin ($BTC).
Read now
Cryptocurrency News

Tether Decides against Freezing Tornado Cash Addresses while Awaiting instructions from Law Enforcement

Tether is refusing to follow the guidelines by not blacklisting accounts associated with the recently sanctioned Tornado Cash.
Read now
Cryptocurrency News

3AC Liquidation Order Approved by Singaporean High Court 

The Singaporean High Court has approved 3ACs liquidator's request to probe their entire financial records within the region.
Read now
Cryptocurrency News

US, Ukraine, and the UK Top Global Crypto Adoption Chart - Report

A new report has analysed and ranked the top countries in the world by cryptocurrency adoption. The US, UK, and Ukraine are among the top five with some interesting up-and-comers.
Read now
Cryptocurrency News

Tether Signs Up BDO Italia for its Stablecoin Reserve Attestation 

Tether Holdings has brought on BDO Italia to help issue assurance and attestation reports of its stablecoin reserve. 
Read now
Cryptocurrency News

Crypto Crimes Fall With Price Slump

As the bear market takes its toll on crypto values, there may be a silver lining. Recent studies have shown that crime has fallen alongside crypto values.
Read now
Cryptocurrency News

Hodlnaut Files For Management Protection With Singapore High Court

Hodlnaut, one of the more popular crypto lending servcioes, has fallen on hard times. They've asked the Singapore High Court to be placed under judicial management while to help address problems stemming from their liquidity issues.
Read now
Cryptocurrency News

Binance’s CEO Highlights High Rate of Impersonation on Social Media

Binance's CEO - ChangPeng Zhao - took to Twitter today to highlight one of the key problems in the Web3 space - fakers and scammers. According to him, of the nearly 7000 LinkedIn profiles of people "working at Binance" only around 50 are genuine.
Read now
Cryptocurrency News

Anthony Scaramucci bullish on crypto market revival, points out key factors that will drive growth.

Anthony Scaramucci, the managing partner and founder of SkyBridge Capital, is bullish on the future of cryptocurrency despite the recent bear market. He points out several indicators that show positive growth in the sector.
Read now
Cryptocurrency News

More than 60M merchants worldwide will now accept $SHIB, $AVAX, and $XRP tokens

60M merchants across the globe are poised to accept $SHIB, $AVAX, and $XRP tokens through the Binance Card
Read now
Cryptocurrency News

Solana Hack: Slope Issues Official Statement; SBF & CZ Comment on the Exploit

Following the multimillion SOL hack, Slope Finance has issued a statement about the next steps. Meanwhile, SBF and CZ have joined the conversation.
Read now
Cryptocurrency News

Galoy Secures $4M in Funding as it Launches Synthetic Stablecoins

Galot secures 4M in funding to invest in new synthetic stablecoin
Read now
Cryptocurrency News

Solana Wallets Are Reportedly Getting Drained to an Unknown Address

Several users have reported SOL, USDC, and other tokens disappearing from their wallets. It is being speculated that Solana is facing a "supply chain hack."
Read now
Cryptocurrency News

Binance.US to Halt Trading for AMP

Binance.US has decided to delist AMP from the platform after the US SEC named the cryptocurrency in a legal complaint.
Read now
Cryptocurrency News

Ripple Vs SEC: Court dismisses SEC’s appeal to protect Hinman’s speech

In the latest development in the SEC Vs Ripple Labs case, the court has dismissed the US Securities Exchange Commission's appeal to protect Hinman’s speech. 
Read now
Cryptocurrency News

Argentina Halts Banks From Providing Crypto Offerings

Only four days after two of Argentina's largest banks opened their doors to crypto trading, the central bank intervened to prevent the offers.
Read now
Cryptocurrency News

The End of “Crypto Ponzi Schemes”?

The crypto ecosystem is growing faster than ever. Celebrities are jumping on the bandwagon promoting exchanges and coins. Paris Hilton, Charli D’Amelio, Snoop Dogg, and Shaq are all going all in crypto, dropping NFTs, promoting and collaborating with different exchanges to extend crypto to the masses.‍
Read now
Cryptocurrency News

Crypto Scammers Take Advantage of War Afflicted Ukrainians

Russia’s war on Ukraine has robbed thousands of Ukrainians of their homes, loved ones, and even their lives. 
Read now
Cryptocurrency News

SEC Adding 20 Team Members to Ramp up Crypto Enforcement Unit

The Securities and Exchange Commission (SEC) of the United States intends to nearly double the size of its Crypto Asset and Cyber unit.
Read now
Cryptocurrency News

North Korean Hacker Interviewed for Job at Ethereum Privacy Layer

According to the US Federal Bureau of Investigations, North Korean hackers are known for stealing billions of dollars from the cryptocurrency business, notably in DeFi (FBI).‍
Read now
Cryptocurrency News

US Congressman May Face Charges for Crypto Pump and Dump Promotions

Madison Cawthorn, a Republican representative from North Carolina, has been accused of being involved in the Let's Go Brandon crypto pump and dump operation (LETSGO).‍
Read now
Cryptocurrency News

NY State Assembly Will Likely Ban BTC Mines That Don’t Utilize Renewable Energy

The New York State Assembly passed a law prohibiting new crypto mining operations from utilizing non-renewable energy sources in the Empire State.
Read now
Cryptocurrency News

Despite Previous Ban, Floki Inu Restarts Its Controversial Advertisements in London

Floki Inu just announced a new ad campaign aimed at commuters who use London's bus and subway systems. Floki Inu, a memecoin based on the Japanese Shiba Inu dog breed, is named after Tesla CEO Elon Musk's dog.‍
Read now
Cryptocurrency News

New York Bill Seeks to Criminalize Crypto Rug Pulls and Scams

Kevin Thomas, New York State Senator, has proposed a bill criminalizing certain illicit activities in the crypto space. These include crypto rug pulls, fraudulent activities, scams, misuse of private keys, and various others.
Read now
Cryptocurrency News

Hacker Forgets $1 Million Loot after Exploiting a DeFi Contract

A recent vulnerability targeted the DeFi protocol Zeed. The hackers took advantage of Zeed's reward distribution flaw on the BSC chain. The BlockSecteam discovered the hack and warned the public through Twitter.‍
Read now
Cryptocurrency News

Coffeezilla Accuses Safemoon of Fraud

Coffeezilla dropped a video accusing Safemoon’s senior management of illicit activities. The accusations are the findings of the Youtuber and not the facts by the court of law.
Read now
Cryptocurrency News

US Goes After Bitcoin Mining Company in Latest Round of Russian Sanctions

The latest round of sanctions has tightened the screws around Russia. The latest sanctions that were imposed on April 20 have targeted several individuals, entities, a commercial bank, and a crypto mining company.
Read now
Cryptocurrency News

US Secret Service Seizes Over $102 Million in Crypto Assets in 254 Cases

The US Secret Service has been heavy on catching illicit transactions involving cryptocurrency. They have successfully seized over $102 million in crypto from the culprits who were connected with the investigations.
Read now
Cryptocurrency News

How much do influencers charge to shill crypto projects? New leak reveals all

Crypto detective Zachxbt, known for exposing crypto rug pulls and scammy influencers, released a report that allegedly reveals how much Twitter influencers charge to shill crypto projects. Perhaps not coincidentally, most of the crypto projects listed either ended up as a rug pull or a Ponzi scheme.
Read now
Cryptocurrency News

Australia’s Commonwealth Bank Falls Victim to a Crypto News Scam

Fake news about Commonwealth Bank has recently been growing on social media, especially Facebook, according to the Commonwealth Bank of Australia. The fake news announcement mentioned that the bank has teamed up with a crypto trading platform.
Read now
Cryptocurrency News

Russian Bank Wants to Ban Users From Using Non-Custodial Crypto Wallets

The Association of Banks of Russia wrote a letter to the central bank to criminalize storing of crypto in non-custodial wallets.
Read now
Cryptocurrency News

Cryptocurrency’s Used for “Money Laundering and Terror Financing”

The uncertain cryptocurrency market in India has been cast further into doubt with speculations by the Union Finance Minister Nirmala Sitharaman. On Monday, April 18, she addressed that “the biggest risk around cryptocurrency is its possibility for money laundering and terror financing.”
Read now
Cryptocurrency News

Project Shura Rug Pulls for Over $1.7M

NFT scams and rug pulls are happening on a larger scale and are getting out of hand. Thankfully, there are several “crypto detectives and investigators” working to unmask these scams and keep the community safe.‍
Read now
Cryptocurrency News

Defiance Capital Founder Warns Crypto Firms on North Korea’s Targeted Attack

Prominent cryptocurrency firms and organizations are under attack in what appears to be a never-ending heist. The firms seem to be targeted by North Korean hackers, according to Arthur Cheong, founder of DeFiance Capital.
Read now
Cryptocurrency News

China Continues Its Stringent Crypto Measures

China is choking the crypto market tighter as they warn that it is a space for illegal activities. Ever since a Chinese media outlet said NFTs urgently need supervision, three industry organizations have joined hands to issue guidelines in the country.
Read now
Cryptocurrency News

YouTuber Ben Philip Exposed by Coffeezilla for His SafeMoon Pump and Dump

Crypto detective Coffeezilla exposed Youtube Ben Philips as a pump and dump scammer. Ben has amassed over 4 million subscribers on Youtube. Like all the newbie YouTubers, he has been involved in crypto and NFTs for some time.
Read now
Cryptocurrency News

Busted for Running Illegal Bitcoin ATMs in Laundromats

Robert Taylor was charged for allegedly running over 46 bitcoin ATMs illegally. The Manhattan D.A. Alvin L.Bragg indicted Robert Taylor, stating he’s been assisting customers in laundering money.
Read now
Cryptocurrency News

Logan Paul Drops His New NFT Project ‘99 Originals’ - Will History Repeat Itself?

Coffeezilla dropped a video on July 12, 2021, revealing some of Logan’s crypto promotions. Logan, at that time, was promoting a coin called “Dink Doink.” Coffeezilla mentioned that the coin actually had zero usefulness.
Read now
Cryptocurrency News

$500,000 Crypto Savings Lost After Trader Dies With Password

In a 32-minute-long video that dropped on Youtube, a man speaks about losing his life savings to a trader. The 33-year-old man got involved with a cryptocurrency trader who passed away, taking the details, including the password to the assets, to the grave.
Read now
Cryptocurrency News

IMF Study Shows That Crypto Usage Is More Prominent in Corrupt Countries

With the global crypto adoption and the growing crypto market, the $2 trillion economy has gone beyond some countries' control of regulations and frameworks. International authorities are worried about the lack of a common framework for crypto globally.
Read now
Cryptocurrency News

Zachxbt Goes After Floyd Mayweather - Floyd Claims He Is in the Crypto Space for Real

Is Floyd back in the crypto space for the long game? Or will he drop the projects halfway, just like his previous projects? That is a question that is yet to be answered.
Read now
Cryptocurrency News

Eurotech Cyber Security Recovers $5.3M for an International Corporation From Crypto Scam

Eurotech Cyber Security, which serves as an agency against crypto scammers and fraudsters, has been operating for 30 years.
Read now
Cryptocurrency News

Interpol has captured the CEO of Generation Zoe, an Alleged Crypto Scam

Leonardo Cositorto was arrested in connection with the operations of Generation Zoe. The platform was considered to be one of the largest pyramid scams in Argentina.
Read now
Cryptocurrency News

US Government Seizes $34 Million in Crypto Linked to Illicit Dark Web Activities

In what is considered one of the largest subjugations, the US federal prosecutors seized $34 million in cryptocurrency. The task force of Florida carried out the forfeiture as the cryptocurrency seized was linked with illegal dark web activities.
Read now
Cryptocurrency News

Simple Analysis of How Scammers Compromised 9 Discord Servers

An on-chain analyst that goes by the name OKHotshot wrote a detailed analysis of how the scammers pulled off the Discord server exploit.
Read now
Cryptocurrency News

Dogecoin Founder and Dogetuber at Odds Following Rug Pull Charges

Billy Markus, the inventor of Dogecoin, and DOGE Influencer Matt Wallace are at odds, with the former accusing Wallace of scamming investors in the YouTuber's newly minted currency. 
Read now
Cryptocurrency News

Ronin Network Loses $620 Million in One of the Largest Hacks in Crypto History

The Ethereum powered sidechain for Axie Infinity, Ronin Network, has been hacked in what’s considered to be one of the largest crypto hacks.
Read now
Cryptocurrency News

Pump and Dump Influencer Vivian Exposed - Is She Innocent?

Crypto detective zachxbt exposes crypto scams, rug pulls, and security loopholes, trying to create awareness in the community. An investigation led by him exposed Vivian, who is a crypto trader well known for her pump and dump activities.
Read now
Cryptocurrency News

Over $6 Billion in Lost Bitcoin From Mt.Gox Might Soon Return to Users

Mark Karpeles, the former CEO of Mt. Gox, made the revelation in one of his recent interviews with Forkast news. Karpeles is back after a great fall that taught him a lot of lessons. 
Read now
Cryptocurrency News

Floyd Mayweather Returns With a New NFT Launch - Does It Smell Scammy?

Floyd Mayweather enters the NFT game with a new NFT project. Coffeezilla dropped a new video citing the history of Money Mayweather and crypto.
Read now
Cryptocurrency News

Arthur Cheong, Founder of DeFiance Capital, Loses More Than $1.6M in a Hot Wallet Hack

DeFiance Capital founder lost all the crypto and NFTs in one of his hot wallets. It’s suspected that the attack was caused by a phishing mail.
Read now
Cryptocurrency News

Former Cryptopia Member Sentenced to Home Detention After Admitting to $250,000 BTC Heist

Former Cryptopia employee sentenced to home detention. The detention was a follow-up to his confession of $250,000 worth BTC heist.
Read now
Cryptocurrency News

U.S. Attorney Dena J. King Announces Return of 12.1 Stolen BTC to an Elderly Victim

The U.S. Attorney announced the forfeiture and return of 12.1 BTC. The victim is an elderly resident of Ashville who was looted off his life savings and retirement funds.
Read now
Cryptocurrency News

White Hat Hacker Gummo Claims Ownership of $7 Billion in BTC - Fact or Fiction?

Former black-hat hacker Gummo revealed that his bitcoin stash is worth $7 billion. In one of his follow-up interviews on Soft White Underbelly, he made the revelation.
Read now
Cryptocurrency News

Elliptic Reveals How Crypto Is Used as a Medium to Evade Sanctions in Russia

Many wallets are linked to Russian officials on the sanctions list identified by Elliptic. Additionally, it listed more than 400 virtual asset service providers (VASPs), mostly exchanges, where people buy crypto with the ruble.
Read now
Cryptocurrency News

Siblings Charged by SEC over $124M Crypto Scam Operations

The Securities and Exchange Commission has charged John and JonAtina (Tina) Barksdale for allegedly defrauding thousands of retail investors. Through two unregistered fraudulent offerings, the siblings are reported to have scammed investors over $124 million.
Read now
Cryptocurrency News

RCMP Shuts Down Bogus Cryptocurrency Platforms in Response to Complaints

Royal Canadian Mounted Police in the province of British Columbia, said that they have closed down eight bogus websites that are said to be associated with cryptocurrency scams. These scams seem to be spreading like wildfire in Canada.
Read now
Cryptocurrency News

DeFi Godfathers Andre Cronje and Anton Nell Step Down, Associated Tokens Tumble

DeFi leaders Andre Cronje and senior solutions architect Antone Nell close their chapter in the crypto/defi space.
Read now
Cryptocurrency News

Get updated daily

Get the best news sent direct to your inbox to stay on top of th enews in 5 minutes/day