Bitcoin News / Bitcoin.com - 2 years ago
On August 22, 2023, the FBI issued an alert, cautioning about North Korean hackers possibly trying to cash out bitcoin valued at over $40 million. U.S. Intelligence Flags Potential $40M Bitcoin Liquidation by North Korean Hackers The FBI is urging bo...
Bitcoin News / Bitcoin.com - 2 years ago
The development bank founded by the BRICS bloc of emerging economies aims to promote a multipolar financial system, its head, Dilma Rousseff, has indicated. As part of these efforts, the institution seeks to expand lending in local currencies, those...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin miners faced another uphill battle this month, marking the second straight increase in mining difficulty. On August 22, at block height 804,384, the difficulty surged by 6.17%. This fresh peak in Bitcoin’s difficulty sets a new record,...
Bitcoin News / Bitcoin.com - 2 years ago
BNB was one of Wednesday’s biggest movers, as the token rebounded from a recent one-year low. The price decline came as crypto exchange Binance came under scrutiny for allegedly assisting sanctioned Russian clients in moving funds abroad. Shib...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. Examining the historical data of past Initial Exchange Offerings (IEOs) could offer valuable insights into the anticipated outcomes, particularly pertinent in the lead-up to the imminent LBank IEO. This practice has gained prominence a...
Bitcoin News / Bitcoin.com - 2 years ago
After Sam Bankman-Fried, once the head of FTX, petitioned the court for a five-day-a-week release from incarceration, the overseeing judge swiftly denied the plea. On Tuesday, Bankman-Fried pleaded not guilty in response to the most recent charges. M...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin continued to sit firmly below the $26,000 level on Wednesday, after breaking out of a key price floor. The world’s largest cryptocurrency by market cap has mostly consolidated in recent days, as traders await Federal Reserve Chair Jero...
Bitcoin News / Bitcoin.com - 2 years ago
According to Steve Rosenblum, the founder and CEO of Libertify, Artificial Intelligence (AI) driven investment solutions can assist investors in making “timely adjustments to asset allocation.” This means investors using such a...
Bitcoin News / Bitcoin.com - 2 years ago
The government in Bangkok will try to shut down Facebook in Thailand alleging the social media network isn’t doing enough to stop scams. Fraudsters have been luring users to invest in fake companies and cryptocurrencies, authorities said, and the num...
Bitcoin News / Bitcoin.com - 2 years ago
A Nigerian crypto trading platform, Patricia, announced on Aug. 18 that it had converted users’ outstanding funds to its U.S.-backed stablecoin known as “Patricia Token.” Some social media users have slammed the crypto tr...
Bitcoin News / Bitcoin.com - 2 years ago
The New Development Bank (NDB), also known as the BRICS Bank, is reportedly planning to issue its first Indian rupee bond by October. Last week, the bank issued its first South African rand bond. “NDB is seeking to increase its presence in the...
Bitcoin News / Bitcoin.com - 2 years ago
An economist has dismissed the Chinese yuan as a significant threat to the U.S. dollar’s dominance. “The Chinese renminbi, which accounts for less than 3% of global reserves, is not a serious threat to dollar hegemony,” he asserted,...
Bitcoin News / Bitcoin.com - 2 years ago
Economist Peter Schiff has warned that the Federal Reserve has gotten its policies wrong for 20 years, which has “significantly harmed the economy and made dire consequences inevitable.” Emphasizing that the Fed cannot win its fight again...
Bitcoin News / Bitcoin.com - 2 years ago
A U.S. lawmaker has slammed the Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, for “pursuing a reckless, rushed rulemaking agenda with inadequate economic analysis and limited public input.” He warned t...
Bitcoin News / Bitcoin.com - 2 years ago
A U.S. court has sentenced a man accused of conspiring to defraud cryptocurrency owners to three years in prison. The court also ordered the man to pay $2,816,433 in restitution to 11 victims of his Subscriber Identity Module (SIM) swap fraud scheme....
Bitcoin News / Bitcoin.com - 2 years ago
The Central Bank of Brazil has issued a press release revealing details about “drex,” the Brazilian central bank digital currency (CBDC) formerly known as the digital real. The bank explained the need for a rebranding and detailed how it...
Bitcoin News / Bitcoin.com - 2 years ago
It’s been 40 days since the U.S. court issued a partial verdict in the SEC’s case against Ripple. In that timeframe, the digital currency XRP’s value has slumped by a significant 39.43%. Despite SEC’s Interlocutory Ap...
Bitcoin News / Bitcoin.com - 2 years ago
The U.S. Securities and Exchange Commission (SEC) has charged Titan Global Capital Management for publishing misleading “hypothetical performance projections” regarding its crypto investment product. Titan Global is also accused of violat...
Bitcoin News / Bitcoin.com - 2 years ago
The Kenyan Parliament recently created an ad-hoc committee to investigate Worldcoin’s activities in the country. According to the Kenyan House speaker, the 15-member committee is expected to report back to parliament within 42 days. A Kenyan co...
Bitcoin News / Bitcoin.com - 2 years ago
China may be in the process of building an expanded BRICS to pit the bloc as a geopolitical rival for the Group of Seven (G7) nations, as per statements from a Chinese official. In its upcoming summit that will take place in Johannesburg, the bloc wi...
Bitcoin News / Bitcoin.com - 2 years ago
This week, various reports and social media discussions have centered around the third-largest bitcoin (BTC) wallet, a long-standing enigma that potentially maintains the same ownership despite changes in its address. Billion-Dollar Mysteries:...
Bitcoin News / Bitcoin.com - 2 years ago
Polygon was one of the biggest movers in crypto markets on Tuesday, as the token fell by over 5% in today’s session. The decline saw the token fall to its weakest point in two months, breaking out of a key support point in the process. Cardano...
Bitcoin News / Bitcoin.com - 2 years ago
After remaining above $40 billion for much of 2023, the total value locked in decentralized finance, or defi, fell below the threshold on August 17, reaching $37.9 billion by August 22. Additionally, from August 13, the top 100 DeFi tokens have decre...
Bitcoin News / Bitcoin.com - 2 years ago
The highly anticipated 2024 bitcoin halving could spark a meteoric price rise, potentially driving its value to a staggering $400,000, suggests an analysis by Blockware Solutions. The forecasted supply trim in 2024 might ignite an explosive demand fo...
Bitcoin News / Bitcoin.com - 2 years ago
KyberSwap, a leading decentralized exchange has unveiled KyberAI, a suite of AI-powered crypto tools poised to reshape how traders navigate the dynamic landscape of decentralized finance. KyberAI was developed to address the pressing need for predict...
