Bitcoin News / Bitcoin.com - 1 year ago
The Nigerian social payments platform Bundle said on July 20 it was shutting down its crypto exchange services business and will now focus on its peer-to-peer platform known as Cashlink. Bundle said users must withdraw or convert their digital assets...
Bitcoin News / Bitcoin.com - 1 year ago
In under 280 days, Bitcoin’s blockchain will undergo its fourth reward halving event, slicing the block subsidy from 6.25 BTC to 3.125 BTC. The crypto community is abuzz with chatter, contemplating how these substantial decreases in block rewa...
Bitcoin News / Bitcoin.com - 1 year ago
Canadian law enforcement reports that affluent cryptocurrency investors have become targets of home invasion-style robberies. Both Delta Police and Royal Canadian Mounted Police in Richmond have issued warnings after having dealt with multiple robber...
Bitcoin News / Bitcoin.com - 1 year ago
Nestled in the second position of the cryptocurrency market cap hierarchy, ethereum (ETH) currently trades below the $1,900 per unit mark. However, the industry experts at Santiment predict a bullish upturn, indicating that the digital asset might cl...
Bitcoin News / Bitcoin.com - 1 year ago
Tron was one of the notable movers on Saturday, as the token broke out of a key resistance level to start the weekend. The move came as the global crypto market cap mostly consolidated during Saturday’s session. Stellar was another exception,...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin consolidated around the $30,000 level to start the weekend, as traders attempted to find a firm price floor on Saturday. The market has been volatile during the past week, as recent winners took profits, following the XRP-related bull run. Et...
Bitcoin News / Bitcoin.com - 1 year ago
Stuart Alderoty, CLO of Ripple, a cryptocurrency and payments services company, railed against the statements of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler given in a recent congressional hearing. Alderoty criticized the stance...
Bitcoin News / Bitcoin.com - 1 year ago
The Central Bank of Russia (CBR) is already discussing the integration of its central bank digital currency (CBDC), the digital ruble, with other countries’ payment systems. Elvira Nabiullina, Governor of the CBR, declared the bank was explorin...
Bitcoin News / Bitcoin.com - 1 year ago
According to Enrico Rubboli, the CEO of Mintlayer, Bitcoin exchange-traded funds (ETFs) can potentially act as “a gateway to crypto” for users who are likely to eventually show greater interest in the underlying asset. Rubboli a...
Bitcoin News / Bitcoin.com - 1 year ago
Crypto exchange FTX is trying to regain $1 billion in a lawsuit against founder Sam Bankman-Fried (SBF) and some former executives. FTX’s new management argues the funds were misappropriated through dubious deals and transactions made before the coin...
Bitcoin News / Bitcoin.com - 1 year ago
The exchange rate of the Nigerian currency versus the greenback recently plunged to an all-time low of NGN860:USD1. The naira’s depreciation has been attributed to shortages of foreign exchange on the official market and the rising demand for f...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has asked Congress for more funding for his agency to address “risks in the crypto markets.” In a Senate hearing, he stressed: “We’ve seen the...
Bitcoin News / Bitcoin.com - 1 year ago
Bitmain, the mining rig manufacturer, has announced the launch of a new rig that mines the digital currency filecoin (FIL). Similar to the company’s KAS Miner KS3, the new FIL miner carries a hefty price tag of $38,888 per machine.
Bitmain Intr...
Bitcoin News / Bitcoin.com - 1 year ago
Ilya Lichtenstein and Heather Morgan, the New York-based couple implicated in the alleged laundering of $4.5 billion in bitcoin pilfered from the 2016 Bitfinex cyber-attack, have reached a plea bargain, as revealed by recent court records. The pair i...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin is expected to reach its peak at $42,000 in 2023, with an end-of-year price prediction of $38,000, according to Finder’s bitcoin price predictions report. The report, based on a survey of 29 industry specialists, reveals that 43% of pa...
Bitcoin News / Bitcoin.com - 1 year ago
Terraform Labs appointed a new chief executive officer following Do Kwon’s resignation on March 31, 2023. In a Wall Street Journal interview, the interim CEO, Chris Amani, discussed his team’s “vision” for rescuing the beleagu...
Bitcoin News / Bitcoin.com - 1 year ago
Dogecoin was one of the standout gainers during a quiet session, as the meme coin raced to a multi-month high. Prices rose as traders continued to react to a recent tweet from Elon Musk. Another notable gainer was polkadot, which rose nearly 7% highe...
Bitcoin News / Bitcoin.com - 1 year ago
A court document penned by U.S. Department of Justice attorney Damian Williams alleges FTX co-founder Sam Bankman-Fried released diary excerpts from former Alameda CEO Caroline Ellison. The U.S. attorney asserts that Bankman-Fried intended to discred...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin dropped below the $30,000 level on Jul 21, as market sentiment continued to trend lower in today’s session. This comes a week after cryptocurrency markets surged following the XRP ruling, however momentum has since faded as a result of...
Bitcoin News / Bitcoin.com - 1 year ago
The new form of Russia’s fiat, the digital ruble, will make spending more efficient for both government and family budgets, according to a high-ranking lawmaker. Anatoly Aksakov, who was involved in the recent adoption of the new digital ruble legisl...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. BitFuFu is excited to announce the launch of BitFuFu Special Week, a highly anticipated event that offers exclusive benefits and enticing offers for our valued users. This is a unique opportunity for you to invite friends and take adva...
Bitcoin News / Bitcoin.com - 1 year ago
Australia’s securities regulator has canceled the license of the local FTX entity, allowing it to perform only limited financial services. These will be related to the termination of derivatives with clients and arrangements to compensate retail cust...
Bitcoin News / Bitcoin.com - 1 year ago
Ethena, a protocol that seeks to build a banking system independent stablecoin, has announced that it has raised $6.5 million in its seed round. The round, led by Dragonfly, aims to help issue Ethena’s decentralized stablecoin product in Q3 202...
Bitcoin News / Bitcoin.com - 1 year ago
Importers are accusing the Central Bank of Argentina of stalling on the delivery of dollar-based payments under the pretext of high freight costs. According to importers, the Argentine government considers freight costs exceeding 15% of the value of...
Bitcoin News / Bitcoin.com - 1 year ago
South Africa’s top diplomat responsible for BRICS relations has revealed that more than 40 countries are interested in joining the economic bloc. Among them, 22 nations have formally applied for membership. He believes that the BRICS group coul...