Bitcoin News / Bitcoin.com - 1 year ago
Lightspark, a Bitcoin Lightning Network financial services company, has announced the release of its UMA Extend feature, which focuses on increasing the interaction between crypto and legacy rails in the U.S. With UMA Extend, businesses can opt in fo...
Bitcoin News / Bitcoin.com - 1 year ago
The Nigerian Securities and Exchange Commission (SEC) has granted “approval-in-principle” to Busha Digital and Quidax Technologies, the first digital asset exchanges to operate in the country. Additionally, four digital asset offering pla...
Bitcoin News / Bitcoin.com - 1 year ago
A recent report by Bitso, one of the largest crypto exchanges in Latin America, found that Argentines were especially inclined to use and purchase stablecoins over other cryptocurrencies. Six out of every ten cryptocurrency purchases in Argentina inv...
Bitcoin News / Bitcoin.com - 1 year ago
On Friday, Aug. 30, 2024, gold experienced a decline in value, coinciding with the U.S. Commerce Department’s release of the personal consumption expenditures (PCE) price index data. The PCE climbed by 2% in July, aligning perfectly with marke...
Bitcoin News / Bitcoin.com - 1 year ago
A recent TRM Labs report reveals that crypto ATMs have processed at least $160 million in illicit transactions since 2019, with 2023 alone seeing over $30 million directed to known scam addresses. The rate of illicit activity at crypto ATMs is double...
Bitcoin News / Bitcoin.com - 1 year ago
Onchain data reveals that Ethereum co-founder Vitalik Buterin recently shifted 800 ether, valued at just over $2 million, from a well-known address. After the initial transfer, 190 ether was reportedly exchanged for 477,000 USDC. Vitalik Buterin Move...
Bitcoin News / Bitcoin.com - 1 year ago
Blockchain technology is set to transform the payments industry by tackling persistent issues in cross-border transactions. A detailed report by Binance Research suggests that incorporating blockchain into payment systems could substantially lower co...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. Geneva, Switzerland, August 30, 2024 – WebX 2024, a global Web3 conference organized by CoinPost, welcomed TRON DAO as a Title Sponsor and welcomed its visionary founder, Justin Sun, as a keynote speaker. Additionally, TRON DAO...
Bitcoin News / Bitcoin.com - 1 year ago
After lingering around the $59,000 mark, bitcoin’s value has faced downward pressure, dipping to an intraday low of $57,775 on Friday. Over the past 24 hours, bitcoin (BTC) has slipped by 4.6%, while ether (ETH) saw a 5.4% decline. Friday Cryp...
Bitcoin News / Bitcoin.com - 1 year ago
After a 40-day interview hiatus, Vice President Kamala Harris has finally given her first Q&A session since President Joe Biden announced he won’t seek re-election in 2024. According to Polymarket’s election betting odds, former Presi...
Bitcoin News / Bitcoin.com - 1 year ago
In a recent New York Times opinion piece, Nobel laureate Paul Krugman criticized the cryptocurrency industry’s significant influence in campaign finance, likening it to the tale of the emperor’s new clothes. Krugman argued that cryptocurrencies have...
Bitcoin News / Bitcoin.com - 1 year ago
Meme coins come and go, but every so often, one catches the market’s attention in a big way. Crypto All-Stars (STARS) is the latest to go viral, with its presale nearing the $1 million milestone. But is it the most promising crypto to invest in this...
Bitcoin News / Bitcoin.com - 1 year ago
Based on the latest data, Ethena’s yield-generating stablecoin, USDE, has experienced a dramatic contraction in supply since July 4, 2024. Over the span of less than two months, its market capitalization has decreased by $770 million. Ethena’s USDE S...
Bitcoin News / Bitcoin.com - 1 year ago
On Thursday, the first Solana spot exchange-traded fund (ETF) product raised over $2.75 million during its public offering on B3, the Brazilian stock exchange. The product, previously approved for trading by the Brazilian securities regulator (CVM),...
Bitcoin News / Bitcoin.com - 1 year ago
On Thursday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) experienced $71.73 million in outflows, with reductions seen across five distinct funds. Notably, Grayscale’s ETHE led the spot ether ETFs, which faced $1.77 million in outflow...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. Lagos, Nigeria, 29th August 2024 – On Thursday, African-founded cryptocurrency exchange, Quidax announced that it has become the first crypto exchange to receive a provisional operating license by Nigeria’s Securities and Exchang...
Bitcoin News / Bitcoin.com - 1 year ago
Since its inception in 2009, Bitcoin has evolved from a niche concept into a driving force within global financial markets. This remarkable transformation is anchored by two key pillars: a utility-driven ecosystem that offers innovative solutions, an...
Bitcoin News / Bitcoin.com - 1 year ago
As LBank marks its 9th anniversary, the global cryptocurrency exchange looks back on nearly a decade of impressive growth, resilience, and innovation in the ever-changing digital asset space. Since its founding in 2015, LBank has built a reputation a...
Bitcoin News / Bitcoin.com - 1 year ago
The decentralized finance platform Radix Network announced a 15% workforce reduction on Aug. 28. CEO Piers Ridyard stated that the decision was made to decrease overhead costs. Ridyard said that while core projects like Flash Liquidity and MFA are ex...
Bitcoin News / Bitcoin.com - 1 year ago
The financial watchdog in Washington State is currently probing a complaint regarding a cryptocurrency platform that allegedly purports to be associated with the Nasdaq Stock Exchange. This inquiry began after an investor reportedly put in $200,000 f...
Bitcoin News / Bitcoin.com - 1 year ago
The New York-based digital asset manager, Parafi Capital, has secured $120 million to invest in general partner stakes of crypto funds. These funds focus on specific market segments, strategies, or geographic locations. With this funding, Parafi Capi...
Bitcoin News / Bitcoin.com - 1 year ago
Omnisient, a South African fintech startup, secured a $7.5 million Series A investment from Arise to support its mission of enhancing financial inclusion across Africa and beyond. The investment will help Omnisient expand its technology to African, E...
Bitcoin News / Bitcoin.com - 1 year ago
Naveen Mallela, global co-head of Onyx, JPMorgan’s blockchain and digital currency unit, highlighted the rapid adoption of blockchain technology in India, particularly after the 2022 launch of the central bank digital currency (CBDC), the e-rup...
Bitcoin News / Bitcoin.com - 1 year ago
Economist Steve Hanke cited a University of Toronto study that links cryptocurrency ownership to traits of the “Dark Tetrad,” including psychopathy, narcissism, Machiavellianism, and sadism. According to the research, crypto owners exhibi...
Bitcoin News / Bitcoin.com - 1 year ago
Double Jump.Tokyo, a Japan-based Web3 gaming company, has secured over $10 million in its Series D first closing led by SBI Investment. The round, which had the participation of Sony Group Corporation and others, will allow the company to continue de...
