Category : Bitcoin.com

Bitcoin.com

DOJ Charges Trio Behind $400 Million SIM Swap Attack on FTX

The United States Department of Justice has charged three individuals accused of masterminding the SIM-swapping attack that siphoned over $400 million from FTX. The indictment of the trio appears to undercut claims that incarcerated FTX founder Sam B...

Ark Invest Discusses 4 ‘Major Catalysts’ Driving Bitcoin Price in 2024

Asset management firm Ark Invest has highlighted four major catalysts that will drive the price of bitcoin this year. “Bitcoin has emerged as an independent asset class worthy of a strategic allocation in institutional portfolios,&#x20...

‘Wolf Of All Streets’ Explains Bitcoin Halving Could Send BTC to $240,000

Scott Melker, also known as the “Wolf Of All Streets,” has explained why the upcoming Bitcoin halving could push the price of the cryptocurrency to $240,000. Noting that in the last halving cycle, bitcoin’s price went fro...

Rich Dad Poor Dad Author Robert Kiyosaki Warns Stock and Bond Markets Are ‘About to Crash’

Rich Dad Poor Dad author Robert Kiyosaki has renewed his warning that the stock and bond markets are about to crash. “The stock market is climbing higher and higher. Suckers actually believe the economy is strong. Don’t be fooled,&a...

El Salvador Stands Firm on Bitcoin, Defying IMF’s Renewed Call to Drop BTC as Legal Tender

El Salvador has reaffirmed its commitment to embracing bitcoin despite the International Monetary Fund’s repeated calls for the country to drop the cryptocurrency as legal tender. The Salvadoran vice president emphasized that not only will El...

Veteran Investor Jim Rogers on Crypto: Bitcoin Unlikely to Become Money, Governments Favor CBDCs

In a new interview, Jim Rogers, who helms Rogers Holdings Inc. and was a co-creator of the Quantum Fund alongside George Soros in the 1970s, shared his observation of “various signs that something is going to go wrong soon” with...

AI Crypto Market Cap Leaps $1.07 Billion in 12 Days Led by Bittensor’s Rise

In the span of just 12 days, the market cap of the artificial intelligence (AI) cryptocurrency sector has risen from $6.08 billion to its present valuation of $7.15 billion. This growth is primarily attributed to the impressive performance of bittens...

NFT Collections Drive Market Recovery With a 3.74% Increase in Weekly Sales

NFT sales have experienced a 3.74% increase compared to the previous week, totaling $236,234,800 over the past seven days. The latest rise defies the pattern of consecutive weeks marked by declining NFT sales. NFT Sales Climb Higher, Defying Recent 2...

Countdown to Bitcoin’s Fourth Halving: A Shift in the Crypto Economy Looms

At the time of writing, we are now less than 80 days away from Bitcoin’s fourth halving event, where the block reward will decrease from 6.25 bitcoins per block to 3.125 bitcoins per block post-halving. As is customary, market expectations hav...

Qtum Platform to Serve $1.7 Trillion Global Blockchain Development Market in 2024 Expansion Plan

PRESS RELEASE. The new Qtum roadmap for 2024 will pioneer Qtum’s first USDC token swaps with a token bridge, support for Bitcoin Ordinals, and upstream support to Qtum Core. These new features are likely to open the DeFi floodgates, significantly inc...

Grayscale’s GBTC Bitcoin Holdings: A $6 Billion Exodus in 22 Days

According to data, Grayscale’s Bitcoin Trust, GBTC, recently released another batch of bitcoin valued at $184.19 million. GBTC’s holdings decreased from 482,592.18 bitcoin to the current 478,337.43 bitcoin in just one day, marking a red...

Binance Freezes $4.2 Million in Stolen XRP; Ripple Investigation Aided by XRP Ledger Foundation

After the unauthorized access of Ripple co-founder Chris Larsen’s personal holdings, Binance CEO Richard Teng revealed that the platform had successfully “managed to freeze $4.2 million” of the compromised assets. Teng el...

Bitfinex Securities Launches in El Salvador

Bitfinex has launched Bitfinex Securities El Salvador S.A. de C.V., its securities tokenization services company in the country. The exchange, one of the first regulated digital asset service providers in El Salvador, expects its proposal to be well-...

Larry David Reflects on Super Bowl FTX Ad: ‘Like an Idiot, I Did It’

At the premiere of “Curb Your Enthusiasm’s” final season, Larry David expressed remorse for his participation in a Super Bowl commercial for FTX, reflecting on the decision as misguided after the cryptocurrency exchange’s bank...

Britain’s Former Finance Minister George Osborne Joins Coinbase’s Global Advisory Council

Britain’s former chancellor of the exchequer, George Osborne, joins Coinbase’s global advisory council. Osborne becomes the latest high-profile politician to join the crypto exchange’s advisory council. The former finance minister h...

Polygon Labs Trims Staff by 19% ‘for the Sake of Enhanced Performance’

As part of its strategy to recalibrate and enhance operational performance, Polygon Labs will be reducing its workforce by 60, marking a 19% cut. This decision, shared by CEO Marc Boiron, aims at maintaining a lean and efficient team. Polygon Labs to...

SEC Charges American Bitcoin Academy Founder With Fraud That Cost Students $1.2 Million

The U.S. Securities and Exchange Commission (SEC) has charged the founder of American Bitcoin Academy, accusing him of running an online fraudulent crypto scheme that cost students $1.2 million. The defendant “falsely claimed that his investmen...

EU Regulator Proposes Stricter Rules for Foreign Crypto Firms

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator, has proposed stricter rules for crypto firms based outside the EU, limiting their ability to directly serve customers within the bloc to ensure fair com...

Singapore Police Warn About ‘Crypto Drainers’ Stealing Cryptocurrencies From Wallets

Singapore’s Police Force and Cyber Security Agency (CSA) have issued a joint warning about “crypto drainer” malware, which steals cryptocurrencies from wallets. As digital assets become more popular, “Cybercriminals are increa...

Project Mbridge Reaches Milestone: First Digital Dirham Cross-Border Settlement Goes Through

The first cross-border digital dirham payment was completed by Sheikh Mansour Bin Zayed Al Nahyan, Chairman of the Board of the Central Bank of the UAE, using the Mbridge platform, a central bank digital currency (CBDC) liquidity and interconnection...

Genesis Settles SEC Lawsuit for $21 Million Over Unregistered Securities

Facing charges from the SEC over its crypto lending practices, Genesis has agreed to a $21 million settlement. This move aims to close a chapter of legal challenges following the company’s bankruptcy filing last year amid a wider crypto market collap...

Supreme Court Ruling Bolsters Australian FTX Creditors’ Prospects for Full Recovery

The prospects of Australian creditors of the crypto exchange FTX getting all their money back recently received a boost after a judge ruled that only those who initiated Australian dollar withdrawal requests are entitled to a share of the $26 million...

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