Bitcoin News / Bitcoin.com - 1 year ago
On Aug. 22, Bitcoin’s onchain transaction fees took off, soaring to more than 1,250 satoshis per virtual byte (sat/vB), which translated to over $105 per transfer at 8:45 a.m. EDT. However, by 9:40 a.m. EDT on Thursday, fees had dropped to 625...
Bitcoin News / Bitcoin.com - 1 year ago
The Monero team has announced the initiation of a new privacy feature integration, known as Full-Chain Membership Proofs (FCMP++). This feature aims to significantly enhance transaction security and privacy on the Monero network by proving that the o...
Bitcoin News / Bitcoin.com - 1 year ago
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) marked their fifth straight day of inflows, adding $39.42 million to their gains. Meanwhile, the spot ether ETFs experienced a dip, losing $17.97 million during the day’s trading. Sp...
Bitcoin News / Bitcoin.com - 1 year ago
The Australian Securities and Investments Commission (ASIC) has shut down more than 7,300 phishing and investment scam websites, including 615 targeting cryptocurrency. The regulator noted that collaboration with other agencies and advanced detection...
Bitcoin News / Bitcoin.com - 1 year ago
HAQQ brings together the most reputable actors of Ethical finance in order to promote community-driven decentralized technologies worldwide. HAQQ is an EVM-equivalent chain, based on Cosmos SDK. The technology behind HAQQ makes it possible for any sm...
Bitcoin News / Bitcoin.com - 1 year ago
Hackers recently took control of McDonald’s official Instagram account to promote a fraudulent Grimace meme coin, successfully scamming users out of $700,000 in Solana. The attackers also compromised the personal X account of McDonald’s Senior Market...
Bitcoin News / Bitcoin.com - 1 year ago
Arizona Attorney General Kris Mayes has issued a warning about the rising threat of cryptocurrency scams targeting vulnerable individuals, especially seniors. These scams include fraudulent investment schemes, impersonation of businesses or governmen...
Bitcoin News / Bitcoin.com - 1 year ago
Nardos Bekele, CEO of NEPAD, believes AI can significantly benefit Africa by addressing various challenges and accelerating progress towards Agenda 2063. Although AI offers potential improvements in sectors like health, education, and agriculture, ch...
Bitcoin News / Bitcoin.com - 1 year ago
The Tennessee Attorney General’s Office has issued a QR code scam alert, warning consumers about fraudulent QR codes used in various scams, including fake cryptocurrency investments. Consumers are urged to verify sources, check codes for tamper...
Bitcoin News / Bitcoin.com - 1 year ago
Nigel Green, CEO of financial advisory and investment management firm Devere Group, has advised investors to reassess portfolios due to the U.S. dollar’s significant drop, which signals a potential shift in market dynamics. The dollar’s d...
Bitcoin News / Bitcoin.com - 1 year ago
Crypto exchange Binance says it has protected over $2.4 billion from scams and fraudulent activities this year, safeguarding more than 1.2 million users worldwide. The exchange’s AI-driven and manual risk management system identified and blocked susp...
Bitcoin News / Bitcoin.com - 1 year ago
On Wed., Aug. 21, 2024, Bloomberg shared that Vice President Kamala Harris intends to back policies that favor digital currencies. Brian Nelson, a senior advisor for the Harris campaign, told Bloomberg in an interview that if Harris secures the presi...
Bitcoin News / Bitcoin.com - 1 year ago
Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs in a nationwide operation involving 60 officers and raids on 35 locations. BaFin reported that the machines facilitated illegal transaction...
Bitcoin News / Bitcoin.com - 1 year ago
A Ghanaian banking consultant, Richmond Atuahene, has expressed concerns about Vice President Mahamudu Bawumia’s pledge to back the cedi with gold. Atuahene believes Ghana needs a stable economic environment before implementing this policy. Joh...
Bitcoin News / Bitcoin.com - 1 year ago
The Chapter 11 bankruptcy reorganization hearing for Terraform Labs Pte. Ltd. and Terraform Labs Limited is set for Sept. 19, 2024, at 10 a.m. EDT. This hearing will be pivotal in shaping the future of the crypto company, which has encountered substa...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin’s price hit $61,838 per coin by 3:45 p.m. EDT on Wednesday, after spending much of the day lingering below the $60,000 mark. The crypto market mirrored the upward movement seen in the S&P 500 and Nasdaq, which both rallied just be...
Bitcoin News / Bitcoin.com - 1 year ago
Cryptocurrency fund Ikigai Strategic Partners has agreed to pay a $150,000 fine to the National Futures Association (NFA) following allegations of an illicit bitcoin loan, according to an Aug. 20 decision by an NFA hearing panel. The fine addresses t...
Bitcoin News / Bitcoin.com - 1 year ago
The Supreme People’s Court of China, the highest court of law in the country, and the Supreme People’s Procuratorate have issued a joint document that interprets the current money laundering law and defines several issues related to its a...
Bitcoin News / Bitcoin.com - 1 year ago
On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at approximately $125 million, along with the assumption of $50 million in debt. The deal, expected to close in the first quarter...
Bitcoin News / Bitcoin.com - 1 year ago
Recent data from Cryptoquant researchers indicate that bitcoin demand growth continues to show signs of weakness. Despite this, the report notes that long-term holders have been accumulating bitcoin at unprecedented levels, providing some resilience...
Bitcoin News / Bitcoin.com - 1 year ago
Zimbabwe’s gold-backed currency, the ZIG, has seen a significant increase in usage since its introduction in April. While the U.S. dollar remains the dominant currency for most citizens, the ZIG is used for 40% of payments and 80% of government...
Bitcoin News / Bitcoin.com - 1 year ago
As bitcoin hovers just below the $60,000 mark, two long-dormant bitcoin wallets, untouched since 2014 and 2013, sprang to life, moving a total of 342.59 BTC, valued at $20.3 million at today’s rates. 2 Vintage Bitcoin Wallets Suddenly Awaken,...
Bitcoin News / Bitcoin.com - 1 year ago
While Bitcoin is widely recognized as a proof-of-work (PoW) network, it’s not necessarily the most profitable PoW asset to mine. With Bitcoin’s hashprice being relatively low, miners have been increasingly turning their attention to min...
Bitcoin News / Bitcoin.com - 1 year ago
Crypto investors are buzzing about PlayDoge (PLAY) as its presale enters the final stretch. The project has already managed to raise over $6 million in funding. And with only five days left before the presale closes, investors are rushing to secure P...
Bitcoin News / Bitcoin.com - 1 year ago
Five days ago, Arkham Intelligence revealed that Blackrock, the world’s largest fund manager, was on the brink of overtaking Grayscale in onchain asset value. As of Aug. 21, Blackrock has officially surpassed Grayscale, securing its position a...