Bitcoin News / Bitcoin.com - 2 years ago
The U.S. Securities and Exchange Commission has filed a lawsuit against the now-defunct cryptocurrency lender, Celsius. The suit, filed Thursday, also names former CEO Alexander “Alex” Mashinsky as a defendant. Both he and the company sta...
Bitcoin News / Bitcoin.com - 2 years ago
According to a recent ruling handed down by U.S. judge Analisa Torres, the crypto asset XRP is not “necessarily a security on its face.” In the ruling, both parties, the U.S. Securities and Exchange Commission (SEC) and Ripple L...
Bitcoin News / Bitcoin.com - 2 years ago
Polygon jumped to a five-week high on Thursday, as founders of the token proposed an upgrade that will create a new coin, POL. If approved, MATIC will be replaced with the new token that will function on all Polygon networks. Litecoin also rallied, h...
Bitcoin News / Bitcoin.com - 2 years ago
The Bank of International Settlements (BIS) has published a report on cryptocurrencies and explains that the technology has serious “flaws.” BIS researchers insist that permissionless blockchains have “inherent limitations” that lead to network conge...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin retreated from recent gains on Thursday, as traders were unable to sustain a breakout of a key resistance level. Market volatility has risen following yesterday’s U.S. inflation report, which dropped to a two-year low. Ethereum was mar...
Bitcoin News / Bitcoin.com - 2 years ago
Authorities in the United States recently revealed that law enforcement has arrested Shakeeb Ahmed for “wire fraud and money laundering in connection with his attack on a decentralized cryptocurrency exchange.” The U.S. Attorney for the S...
Bitcoin News / Bitcoin.com - 2 years ago
Aurus brings precious metals to crypto, enabling users to easily buy, trade, spend and earn gold, silver & platinum via blockchain technology. Join the community hypergrowth and benefit today. Imagine a world where gold can be exchanged as effort...
Bitcoin News / Bitcoin.com - 2 years ago
The State Duma, the lower house of the Russian Federal Assembly, discussed and passed the Digital Ruble law in its second and third discussion on July 11. The law will allow the Central Bank of Russia, as the sole regulator of the proposed digital cu...
Bitcoin News / Bitcoin.com - 2 years ago
Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory uncertainty, according to a top executive. The statement comes months after Temasek lost $275 million from its involvement in the...
Bitcoin News / Bitcoin.com - 2 years ago
Binance’s U.S. platform has rejected rumors regarding its bitcoin cash (BCH) reserves, reassuring customers that their funds are safe. On Sunday, the exchange restored BCH withdrawals after a brief suspension attributed to a technical issue wi...
Bitcoin News / Bitcoin.com - 2 years ago
The state-owned financial institution Bank of China has revealed a partnership with China Unicom and China Telecom in order to test SIM cards and near-field communication (NFC) payments tethered to the renminbi. The Bank of China explains that the pi...
Bitcoin News / Bitcoin.com - 2 years ago
Russia’s second-largest bank’s chairman says by imposing sanctions on Russia, the West has “demolished the global trade system and caused an inflation surge.” Pointing to the U.S. banking crisis as an example, he stressed: “This is virtually the larg...
Bitcoin News / Bitcoin.com - 2 years ago
On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has fallen for 12 consecutive months, w...
Bitcoin News / Bitcoin.com - 2 years ago
The chief economist at S&P Global has predicted that the U.S. dollar “will no longer be the dominant world currency.” Highlighting the diminishing influence of the USD, he pointed out that an increasing number of countries are de-dollarizing, not...
Bitcoin News / Bitcoin.com - 2 years ago
Rodeo Finance, a leveraged yield protocol on Arbitrum, was on July 10 a victim of a “force-investment” hack in which almost $1.7 million was reportedly stolen. According to Rodeo Finance, about $810,000 has been recovered so far and there...
Bitcoin News / Bitcoin.com - 2 years ago
On July 12, 2023, onchain data shows the U.S. government transferred 9,800 bitcoins (BTC), worth just over $300 million. These bitcoins originally came from James Zhong’s Silk Road hack. In March, the Department of Justice also moved a similar...
Bitcoin News / Bitcoin.com - 2 years ago
The top stablecoins have continued to see redemptions over the past 30 days as the dollar-pegged crypto economy currently hovers at $127.32 billion on July 12. The stablecoin BUSD’s supply has dropped below the 4 billion mark as the token ...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin cash rose by nearly 6% on Wednesday, following the release of the latest consumer price index (CPI) in the United States. Inflation fell by 1.0% from May, coming in at 3.0% last month. Polkadot also rose, extending its winning run for a third...
Bitcoin News / Bitcoin.com - 2 years ago
On Tuesday, July 11, 2023, the U.S. Attorney’s Office for the Southern District of New York, led by attorney Damian Williams, announced a 20-year prison sentence for Roger Clark. Clark was allegedly the senior advisor to the original Silk Road,...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin moved towards $31,000 on Wednesday, ahead of June’s inflation report from the United States. Consumer prices are expected to fall to 3.1%, down from May’s reading of 4.0%. Ethereum also edged higher, as the cryptocurrency closed...
Bitcoin News / Bitcoin.com - 2 years ago
If central banks control all uses of money, this is not democracy, Coinbase’s ex-tech chief Balaji Srinivasan is convinced. The entrepreneur commented on statements by the head of the Bank of International Settlements during an IMF meeting devoted to...
Bitcoin News / Bitcoin.com - 2 years ago
Cryptocurrency exchange Bitoasis’ license has been deemed “non-operational” by the Dubai digital assets regulator, the Virtual Assets Regulatory Authority. According to the regulator, VARA took the decisive step after Bitoasis faile...
Bitcoin News / Bitcoin.com - 2 years ago
Changpeng Zhao, CEO of Binance, the largest cryptocurrency exchange in volume traded, has revealed his secret for building a comprehensive team of employees for any startup. According to Zhao, external pressure has contributed to the unity of the tea...
Bitcoin News / Bitcoin.com - 2 years ago
The Bank for International Settlements (BIS), an organization that seeks to support the international cooperation of the world’s central banks, has released the results of its 2022 survey on central bank digital currencies (CBDC) and crypto. Th...
Bitcoin News / Bitcoin.com - 2 years ago
The governor of Russia’s central bank says the creation of a common BRICS currency “requires the consent of many parties.” While emphasizing that the proposed BRICS currency “deserves attention,” the Russian central bank chief cauti...
