Bitcoin News / Bitcoin.com - 1 year ago
The FTX debtors filed a bankruptcy court document detailing lavish cash transfers and purchases by former CEO Sam Bankman-Fried and other company insiders. The section titled “Statement of Financial Affairs for Non-Individuals Filing for Bankru...
Bitcoin News / Bitcoin.com - 1 year ago
At some point in July, there were as many as 350,000 Kenya-based residents who had subscribed and shown interest in receiving Worldcoin’s crypto token. According to a Kenyan legislator, Worldcoin executives are now expected to appear before a p...
Bitcoin News / Bitcoin.com - 1 year ago
A U.S. congressman has defended the crypto industry against Securities and Exchange Commission (SEC) Chairman Gary Gensler, who stated that it is rife with noncompliance. The lawmaker’s statement followed a pair of legal cases in which the jud...
Bitcoin News / Bitcoin.com - 1 year ago
A biography of billionaire investor Elon Musk reveals details about his involvement in the Dogecoin project and an idea to launch a social media platform based on blockchain. The book, which should be available later this month, also mentions a faile...
Bitcoin News / Bitcoin.com - 1 year ago
The stablecoin landscape witnessed a shifting dynamic this week, with the once fourth-largest stablecoin, binance usd (BUSD), relinquishing its position. This change arises from the crypto asset’s supply dwindling below the 3 billion mark, whi...
Bitcoin News / Bitcoin.com - 1 year ago
This past week, the U.S. Securities and Exchange Commission (SEC) delayed seven spot bitcoin exchange-traded funds (ETFs), including Blackrock’s proposed Ishares Bitcoin Trust. Alongside this news, Into The Block metrics indicate that from Aug...
Bitcoin News / Bitcoin.com - 1 year ago
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Bitcoin News / Bitcoin.com - 1 year ago
The U.S. government has charged the founders of crypto mixing and privacy tool Tornado Cash with money laundering, calling them “criminals.” In other news, the U.S. Court of Appeals for the District of Columbia has ruled in favor of crypt...
Bitcoin News / Bitcoin.com - 1 year ago
The French body overseeing the protection of personal data has carried out “checks” at the Paris office of Worldcoin. The news of the French inspections comes amid heightened regulatory pressure on the cryptocurrency project co-founded by the current...
Bitcoin News / Bitcoin.com - 1 year ago
In a recent submission to the U.S. Securities and Exchange Commission (SEC), Bitwise has decided to retract its registration for its Bitcoin and Ether Market Cap Weight Strategy exchange-traded fund (ETF). The reasoning behind this action remains unk...
Bitcoin News / Bitcoin.com - 1 year ago
Online broker Robinhood is going to buy back the stake purchased by a company of crypto exchange FTX founder Sam Bankman-Fried (SBF). The fintech intends to pay $605.7 million for the shares that were transferred to the custody of the U.S. government...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. Securities and Exchange Commission’s former chairman Jay Clayton has explained why he believes the approval of a spot bitcoin exchange-traded fund (ETF) is inevitable. “It is clear that bitcoin is something that retail investors want access to,...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has explained that China does not want a war with the U.S. However, he warned that China wants to “bury” the U.S. economically. “I’m not afraid of the United States competing with Chin...
Bitcoin News / Bitcoin.com - 1 year ago
Ripple Labs has filed its opposition to the U.S. Securities and Exchange Commission’s request for Judge Analisa Torres to certify an interlocutory appeal of her ruling regarding XRP. The crypto firm has argued that “the exceptional...
Bitcoin News / Bitcoin.com - 1 year ago
The newest layer two (L2) blockchains are being adopted at record speeds, with some reaching one million users within weeks rather than months, according to a study by Coingecko. L2 Blockchains Hit One Million Users Faster Than Ever, Coingecko Study...
Bitcoin News / Bitcoin.com - 1 year ago
The realm of decentralized finance (defi) is grappling with the aftermath of the sweeping crypto market slump that marked the close of August. As it stands, the total value locked (TVL) in defi, pegged at $37.59 billion, has plummeted to a low last w...
Bitcoin News / Bitcoin.com - 1 year ago
In recent weeks, buzz within the crypto sphere has centered on prominent bitcoin and ethereum holders. Some addresses are awash with speculation, while others have earned distinct labels. Interestingly, a handful have purportedly been unmasked, leadi...
Bitcoin News / Bitcoin.com - 1 year ago
Sales of non-fungible tokens (NFTs) have taken another hit, declining over 10% from the previous week, with transactions totaling $85,046,840 since Saturday, August 26, 2023. This marks the third consecutive week of falling NFT sales, reflecting the...
Bitcoin News / Bitcoin.com - 1 year ago
Toncoin was easily one of the biggest movers in crypto markets to start the weekend, as price rose by over 10%. Saturday’s surge comes despite the global market cap mostly trending lower, having fallen by 0.43% as of writing. XRP was one of th...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin started the weekend trading below the $26,000 level, as bears seized market momentum to end the week. Price surged during the early part of the week, climbing over the $28,000 mark. However in the days that followed, sentiment has mostly tren...
Bitcoin News / Bitcoin.com - 1 year ago
The foreign ministers of the BRICS states have reached out to invite Indonesia to become a member of the group, their Indonesian counterpart unveiled. The government in Jakarta is still weighing the benefits of joining the organization and is yet to...
Bitcoin News / Bitcoin.com - 1 year ago
On Tuesday, August 29, 2023, The U.S. Court of Appeals, District of Columbia Circuit (Court) unanimously granted Grayscale’s petition for review of the Securities Exchange Commission’s (SEC) denial of Grayscale’s Bitcoin Exchange Traded Product (Gray...
Bitcoin News / Bitcoin.com - 1 year ago
The Colorado Department of Motor Vehicles (DMV) has announced it accepts cryptocurrency for its online services via the payment processor Paypal. Besides paying local taxes with coins, residents of the crypto-friendly state will be able to use their...
Bitcoin News / Bitcoin.com - 1 year ago
The share of currencies other than the U.S. dollar and the euro in international reserves is on the rise, according to a Russian representative. The trend is being observed as a growing number of countries try to use their national currencies in fore...
Bitcoin News / Bitcoin.com - 1 year ago
Meta’s Horizon Worlds, the metaverse flagship app of the company formerly known as Facebook, is reportedly getting legs as part of users’ avatars in the coming weeks. The functionality is already present in a public test version of the ap...
