Bitcoin News / Bitcoin.com - 1 year ago
Over 20 days, 640,000 ETH valued at just over $1 billion was added to liquid staking derivatives platforms. Additionally, the amount of ether staked in such protocols is approaching 12 million, with 11.97 million total value locked (TVL) as of Septem...
Bitcoin News / Bitcoin.com - 1 year ago
On September 12, 2023, Coinex was hacked, losing an estimated $54 million after hackers removed significant amounts of BTC, ETH, TRX, and other tokens. Three days later, Coinex released an open letter to the hackers, hoping to “build a sin...
Bitcoin News / Bitcoin.com - 1 year ago
XRP extended a recent bull run on Friday, as the token moved to its highest point in the past two weeks. Today’s move came as the cryptocurrency marginally broke past a key resistance level. Solana was also in the green, as price rose for a fo...
Bitcoin News / Bitcoin.com - 1 year ago
Over the last fortnight, the quantity of unconfirmed bitcoin (BTC) transactions has consistently exceeded the 500,000 mark, nearly touching 700,000 on September 6, 2023. Metrics indicate that Bitcoin’s mempool, a shortened term for “...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin continued to trade close to a multi-week high on Friday, as bulls continued to target the $27,000 level. The move came following stronger than expected U.S. retail sales figures, which rose by 0.6% in August. Ethereum also traded higher in to...
Bitcoin News / Bitcoin.com - 1 year ago
The Finance Ministry in Moscow is pushing to legalize decentralized financial organizations to attract capital to Russia’s regulated market for digital assets. The department hopes this would allow some of the liquidity in the decentralized finance (...
Bitcoin News / Bitcoin.com - 1 year ago
Since his arrest in April 2021, Roman Sterlingov, the alleged operator of the crypto mixing service Bitcoin Fog, has been defending his claimed innocence for more than two years. Recent court filings indicate Sterlingov’s legal team is challen...
Bitcoin News / Bitcoin.com - 1 year ago
The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global provider of financial payment services, has announced that its central bank digital currency (CBDC) connector has entered beta testing stages. SWIFT reported that thr...
Bitcoin News / Bitcoin.com - 1 year ago
BNB Chain, the Binance-backed decentralized blockchain network, has announced the launch of Opbnb, its expansion layer built using the Optimism OP stack. The new network allows users to enjoy low-fee transactions in a high-throughput, high-speed tran...
Bitcoin News / Bitcoin.com - 1 year ago
Following the U.S. Securities and Exchange Commission’s (SEC) charges against Stoner Cats, the NFT project backed by Mila Kunis, the digital collectibles have witnessed a staggering surge in sales, soaring by a significant 2,433% within a mere...
Bitcoin News / Bitcoin.com - 1 year ago
The CEO of the cryptocurrency exchange Coinbase has encouraged decentralized finance (defi) protocols to fight regulators in court if they face regulatory crackdowns. He stressed that the Commodity Futures Trading Commission (CFTC) “should not be cre...
Bitcoin News / Bitcoin.com - 1 year ago
The Singapore-based investment management and software-as-a-service (SaaS) provider, SMI Vantage, plans to launch a bitcoin mining facility in the state of Sarawak in Borneo, Malaysia. The company has signed a rental agreement and anticipates operati...
Bitcoin News / Bitcoin.com - 1 year ago
On Wednesday, Nobel Prize-winning economist Paul Krugman provided a brief analysis of the current economic landscape in the United States. Krugman asserted that the nation has experienced “remarkable disinflation.” According to him, the available dat...
Bitcoin News / Bitcoin.com - 1 year ago
The Monetary Authority of Singapore (MAS) has issued nine-year prohibition orders against Three Arrows Capital (3AC) founders Zhu Su and Kyle Davies, banning them from regulated financial activities in the country. The orders come after a MAS investi...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. Fideum Group, an ambitious financial aggregator renowned for its commitment to enhancing both retail and institutional client experiences, announced its notable inclusion in the prestigious Mastercard Lighthouse FINITIV 2023 Fall Progr...
Bitcoin News / Bitcoin.com - 1 year ago
Tron was a big mover on Thursday, as recent reports suggest that the blockchain platform has been processing an average of 4.8 million daily transactions. The token has now surged higher for three consecutive sessions, and looks set to collide with a...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. Recently, market sentiment and expectations for the GameFi sector (also known as ‘X to Earn’) have soared again. LBank’s first Launchpad PINS (Chat to Earn) from last month has seen an increase of 1600% even in a bear...
Bitcoin News / Bitcoin.com - 1 year ago
Paypal’s stablecoin, PYUSD, has been operational for 38 days. The token’s issuer, Paxos, has issued a transparency report related to the coin’s reserves. Much like many of today’s stablecoin industry leaders, PYUSD is supporte...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin neared a two-week high on Thursday, as markets looked ahead to today’s retail sales report in the United States. Sales are expected to rise by 0.2% in August, a drop from a 0.7% increase the month before. Ethereum remained in the green...
Bitcoin News / Bitcoin.com - 1 year ago
Remilia Corporation, a digital art and non-fungible token (NFT)-related business, has filed a lawsuit against three independent contractors whom it accuses of siphoning $1 million from the company. Founder Krishna Okhandiar denied claims the three ha...
Bitcoin News / Bitcoin.com - 1 year ago
Yellow Card, the Africa-focused crypto exchange, recently said it had joined forces with Moonpay in an arrangement which is expected to help “enhance the crypto purchasing experience for Nigerians by leveraging local bank transfers.” Acco...
Bitcoin News / Bitcoin.com - 1 year ago
One of the founders of the crypto pyramid Onecoin, British and Swedish national Karl Greenwood, has been sentenced to 20 years in prison in the United States. Greenwood was the architect of the scam’s multi-level marketing structure and served as One...
Bitcoin News / Bitcoin.com - 1 year ago
Asset manager Franklin Templeton has joined the race to issue America’s first exchange-traded fund (ETF) that invests directly in bitcoin. The company applied with the U.S. Securities and Exchange Commission (SEC), following in the footsteps of other...
Bitcoin News / Bitcoin.com - 1 year ago
Blockchain data analytics firm Chainalysis has finalized its latest Global Crypto Adoption Index. India, Nigeria, and Vietnam hold the top three positions, followed by the U.S., Ukraine, Philippines, and Indonesia. “The Central & Southern A...
Bitcoin News / Bitcoin.com - 1 year ago
Economist Peter Schiff has warned of “a rush” to get out of the U.S. dollar. “There’s going to be a massive crisis,” he predicted, adding that “it’s going to send the economy into a tailspin and people are going to...