Bitcoin News / Bitcoin.com - 1 year ago
A new report from Fidelity Digital Assets argues that Bitcoin is fundamentally different from other digital assets and should be evaluated separately when constructing crypto investment portfolios.
Fidelity Digital Assets Highlights Distinctive...
Bitcoin News / Bitcoin.com - 1 year ago
Attorneys defending ex-FTX chief Sam Bankman-Fried are keen to interrogate the former CTO of the now-dissolved exchange concerning personal loans ranging from $200-300 million, a fresh letter from Cohen & Gresser LLP reveals. Former CTO Gary Wang...
Bitcoin News / Bitcoin.com - 1 year ago
Since 2016, Simplex’s bond with Bitcoin.com has continued strengthening, aimed at streamlining access to cryptocurrencies and increasing adoption globally. As part of Nuvei, a NASDAQ listed company with over 20 years in payments, Simplex combi...
Bitcoin News / Bitcoin.com - 1 year ago
A week ago, at block height 810,432, Bitcoin miners dealt with a 0.35% rise in difficulty. Yet, on October 8, the Bitcoin hashrate soared to a new record. According to the seven-day simple moving average (SMA), it touched an impressive 440 exahash pe...
Bitcoin News / Bitcoin.com - 1 year ago
Polygon fell for a fourth straight session on Tuesday, as traders pushed the cryptocurrency to a ten-day low. The decline comes as the global market cap remained in the red, having fallen by 0.37% at the time of writing. On the other hand, cosmos reb...
Bitcoin News / Bitcoin.com - 1 year ago
On Monday, as tensions escalated between Israel and Hamas militants from the recent weekend skirmishes, the Israeli shekel plummeted to its weakest level in seven years. Responding to the declining currency, the Bank of Israel unveiled a strategy to...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin consolidated recent losses on Tuesday, as focus shifts to Wednesday’s Federal Open Market Committee (FOMC) minutes. Traders will look for guidance from the report, to see the Fed’s stance on the economy, after opting to keep rat...
Bitcoin News / Bitcoin.com - 1 year ago
According to the findings of a research study by Elliptic, cybercriminals are believed to have used crypto cross-chain bridges and coin swap services to launder $7 billion worth of “illicit or high-risk funds.” The Lazarus Group, a cyberc...
Bitcoin News / Bitcoin.com - 1 year ago
The Chinese digital yuan, China’s central bank digital currency (CBDC), now features an interconnection with the Hong Kong payment system, allowing tourists coming to mainland China to purchase and top up a digital yuan wallet. The system, crea...
Bitcoin News / Bitcoin.com - 1 year ago
A recent study conducted by the Bank of Canada delved into the role a central bank digital currency (CBDC) would play in improving financial inclusion, digital inclusion, and accessibility. The study concludes that while the Canadian financial ecosys...
Bitcoin News / Bitcoin.com - 1 year ago
When Satoshi Nakamoto created Bitcoin, many viewed it as a solution to the drawbacks of fiat money. Historically, about 800 fiat currencies have come and gone, with many ultimately failing. Intriguingly, the fundamental reasons for establishing the f...
Bitcoin News / Bitcoin.com - 1 year ago
Bad actors exploited Estonia’s once liberal licensing regime for crypto companies to defraud investors and commit other crimes, an investigative report claims. The authors say they discovered dozens of such cases, including scams and schemes for sanc...
Bitcoin News / Bitcoin.com - 1 year ago
Global financial services firm Jefferies has warned of “the collapse of the U.S.-dollar paper standard to the benefit of both gold bullion owners and also owners of bitcoin.” He explained that the Federal Reserve, and other G7 c...
Bitcoin News / Bitcoin.com - 1 year ago
British financial regulator, the Financial Conduct Authority (FCA), has issued 146 crypto promotion alerts in the first 24 hours of its new crypto marketing regime. “We expect businesses including social media platforms, app stores, search engines, d...
Bitcoin News / Bitcoin.com - 1 year ago
The police in the Australian state of South Australia recently seized cryptocurrency worth $1.5 million from an alleged dark web drug dealer. Police also recovered a “large quantity” of the synthetic opioid nitazene as well as tens of tho...
Bitcoin News / Bitcoin.com - 1 year ago
Amidst widespread media coverage highlighting Anthropic, the startup behind the generative artificial intelligence (AI) chatbot Claude and its pending multi-billion-dollar infusion, federal prosecutors overseeing the Sam Bankman-Fried case are pushin...
Bitcoin News / Bitcoin.com - 1 year ago
Blockchain sleuths spotted the Ethereum Foundation trading 1,700 ETH for a hefty $2.76 million in USDC stablecoins. This comes hot on the heels of Ethereum’s co-founder, Vitalik Buterin, transferring a cool $3.79 million in ether within a mere...
Bitcoin News / Bitcoin.com - 1 year ago
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In the realm of high achievers, success is not a solo journey. It is a symphony, where the harmonious blend o...
Bitcoin News / Bitcoin.com - 1 year ago
Markets faced turbulence on Monday as all four major U.S. indices took a downward turn, influenced by the Israel-Hamas conflict which escalated into an outright war over the weekend. The crypto economy experienced a 1.8% dip against the U.S. dollar o...
Bitcoin News / Bitcoin.com - 1 year ago
Shiba inu was a notable mover on Monday, as the meme coin fell by as much as 5% to start the week. Today’s decline comes as traders moved away from high-risk assets, in favor of safe-havens like gold. XRP also dropped in today’s session...
Bitcoin News / Bitcoin.com - 1 year ago
Last month, 19 distinct bitcoin addresses from 2012 awakened, moving coins that had remained untouched for over 11 years. Fast forward to this month, and we’ve already seen four such transfers from 2012. This Sunday, at block heights 811,239 a...
Bitcoin News / Bitcoin.com - 1 year ago
Ethereum plunged below the $1,600 level to start the week, as global markets reacted to the escalating tensions in the Middle East. Crude oil prices rallied from a six-week low, climbing by over 4% overnight. Bitcoin gave up recent gains, as traders...
Bitcoin News / Bitcoin.com - 1 year ago
According to Pavel Salas, the chief growth officer at Gear Foundation, on-chain smart contract automation makes applications “truly decentralized” because it “removes dependencies on centralized servers or external entities.”...
Bitcoin News / Bitcoin.com - 1 year ago
Zimbabwean residents and institutions can now pay or settle domestic transactions using the recently launched gold-backed digital tokens, the central bank has said. Bank governor John Mangudya said the central bank has enlisted the services of extern...
Bitcoin News / Bitcoin.com - 1 year ago
Openai, the developer of Chatgpt, is considering ways to overcome the shortage of chips needed to power its artificial intelligence (AI) product. One of the options that’s being discussed in the company, according to a recent media report, is to buil...