Category : Bitcoin.com

Bitcoin.com

Vivek Ramaswamy Plans to Have Crypto Policy Ready by Thanksgiving

Presidential hopeful Vivek Ramaswamy is working on a crypto policy framework that he aims to finalize by Thanksgiving. The Republican criticized the regulation-by-enforcement approach of U.S. government agencies like the securities regulator under th...

Mt Gox Repayment Delayed Again: Creditors Await BTC, BCH, and Yen Payments Until 2024

According to a new update from the Mt Gox trustee, Nobuaki Kobayashi, the repayment deadline for creditors has been pushed to next year. Kobayashi said discussions with banks, fund transfer service providers and designated cryptocurrency exchanges ha...

Ex-Alameda Employee Exposes Firm’s Massive Bitcoin Trading Misstep

An ex-employee of Alameda Research has revealed that a trading blunder from the firm precipitated an astonishing 87% plunge in bitcoin’s (BTC) price on the Binance US exchange. This mishap, the insider disclosed, resulted in losses reaching th...

Tether Dives Into AI Wave With $420M Nvidia GPU Investment Amid Soaring Demand

According to a report, Tether, the largest stablecoin issuer by market capitalization, has invested $420 million in 10,000 Nvidia H100 graphics processing units (GPUs). This news emerges during a time of surging demand for artificial intelligence (AI...

Coinbase’s L2 Blockchain Base Skyrockets 111% in 41 Days, Overtaking Solana in TVL

According to statistics, Coinbase’s Layer two (L2) blockchain, built on Ethereum and using Optimism’s open-source OP Stack, has grown significantly in the past 41 days. Since August, when the platform had a total value locked (TVL) of $17...

LBank Launchpad’s Next Big Thing: Is $UMM Your Second Chance after $PINS?

PRESS RELEASE. LBank is back in the spotlight with its second Launchpad project, MetaExpand, represented by its token, $UMM. The token $UMM will be distributed after the Launchpad ends on the 28th of this month and will be listed on LBank on the 29th...

Biggest Movers: SHIB Bears Snap 3-Day Win Streak, TON Profit Takers Swoop In

Shiba inu bears ended a three-day bull run on Thursday, as a red wave swept over cryptocurrency markets. Today’s drop comes as the global crypto market cap fell by as much as 1.50%. Toncoin also slipped, as profit takers moved to secure recent gains....

ZK-Rollup Coin Sector’s Value Plummets by 46% in 7 Months

At the outset of the year, cryptocurrency assets linked to the realm of ZK-rollups commanded significant attention. In February, the market capitalization of the ZK-rollup coin ecosystem reached a substantial $13.7 billion. However, the subsequent mo...

Revolutionizing the Cryptocurrency World: DEX BANUS Emerges as a Leader in Decentralized Futures

PRESS RELEASE. Puerto Banus Spain, September 20, 2023 – The cryptocurrency and blockchain landscape is undergoing constant evolution, marked by groundbreaking innovations. At the forefront of this movement stands DEX BANUS. DEX BANUS: Pioneering Dece...

Bitcoin, Ethereum Technical Analysis: ETH Hits 1-Week Low, BTC Extends Declines on USD Strength

Bitcoin fell below the $27,000 level on Thursday, as markets reacted to the latest Federal Reserve interest rate decision. As expected, the Fed opted to keep rates unchanged at 5.5%, whilst hinting at one additional raise in the current cycle. The do...

Opera Launches Blockchain-Based Wallet Enabling Rapid P2P Stablecoin Transfers for African Users

The creator of the Opera Mini web browser recently announced the launch of a blockchain-based wallet which makes it possible for African users to rapidly transfer stablecoins. Integration of the stablecoin wallet into the Opera Mini browser is expect...

Report: Bhutan Commences Plan to Develop 600-Megawatt Bitcoin Mining Farm

The Himalayan Kingdom of Bhutan along with its partner Bitdeer Technologies Group has reportedly kickstarted plans to develop a 600-megawatt crypto mining farm. Bitcoin mining in the kingdom is expected to “equip citizens to participate in the...

South Koreans Report Over $98 Billion in Overseas Crypto Assets

South Korean tax payers have declared some 131 trillion won (more than $98 billion) of crypto holdings in overseas accounts this year. The amount was announced by the country’s tax agency and it comes after the authorities in Seoul imposed a mandator...

Hong Kong Regulator Says Crypto Firms Claiming to Be Banks Are in Contravention of Banking Ordinance

The Hong Kong Monetary Authority said on Sept. 10 that crypto firms presenting themselves as banks are in contravention of the region’s Banking Ordinance. The HKMA argued such descriptions “may mislead members of the public into believing...

Blockchain-Powered Platforms Can Help Event Organizers Overcome the Ticket Scalping Scourge — Maxwell Mayhew

According to Maxwell Mayhew, founder of the decentralized e-ticketing platform UTIX, event organizers can potentially overcome ticket scalping by switching to smart contract-based event hosting platforms. Such platforms not only help organizers contr...

Nomura’s Laser Digital Launches ‘Bitcoin Adoption Fund’ for Institutional Investors

Financial giant Nomura’s digital assets subsidiary, Laser Digital, has announced the launch of its Bitcoin Adoption Fund to provide “long-only exposure to bitcoin whilst being one of the most cost-effective and secure investment solutions.̶...

Ex-Deutsche Bank Investment Banker Faces Up to 30 Years in Prison for Crypto Fraud

A registered broker and former investment banker with financial giant Deutsche Bank has pleaded guilty to defrauding investors into a fraudulent crypto fund. He is facing up to 30 years in prison and will be required to pay restitution of more than $...

Global Debt Spikes to Record $307 Trillion Driven by US, Developed Nations

The world’s debt has surged to a record high level in the second quarter, according to the Institute of International Finance (IIF). The increase has also helped lift the global debt-to-GDP ratio which had been declining for seven quarters but is now...

Defense Distributed Unveils ‘Gatgpt’ – Championing the Digital Second Amendment and AI Freedom

As artificial intelligence (AI) and large language models (LLMs) continue to gain prominence, the organization Defense Distributed has unveiled an experimental LLM-based agent named “Gatgpt.” The platform is being referred to as...

Stanford University Vows to Return $5.5M FTX Donations; Funds Initially Allocated for Pandemic Prevention

In the wake of a lawsuit targeting the parents of Sam Bankman-Fried, Stanford University’s spokesperson has announced intentions to give back the millions garnered from FTX and its affiliates. Records indicate that a whopping $5.5 million in gi...

Grayscale Files With SEC for Ethereum Futures ETF on NYSE Arca

The largest digital asset manager, Grayscale Investments, filed paperwork with the U.S. Securities and Exchange Commission (SEC) on September 19 for a new exchange-traded fund dedicated to ethereum (ETH) futures. The Grayscale Ethereum Futures Trust...

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