Bitcoin News / Bitcoinist - 1 year ago
Recent reports have shown the surge in popularity of Artificial Intelligence (AI) generated technology, which could present a significant challenge for crypto exchanges and the community in the never-ending battle against scams and illicit activity....
Bitcoin News / Bitcoinist - 1 year ago
In a series of statements on X, Brian Morgenstern, Head of Public Policy at Riot Platforms Inc, the second-largest Bitcoin miner in the United States by market capitalization, has openly criticized the US Energy Information Administration’s (EI...
Bitcoin News / Bitcoinist - 1 year ago
During the early hours of Tuesday, Solana (SOL) encountered a significant outage, adding to the growing list of incidents it has faced in the past 24 months. As reported by our sister website NewsBTC, the mainnet-beta of Solana experienced a nearly...
Bitcoin News / Bitcoinist - 1 year ago
Data from IntoTheBlock has revealed an interesting dynamic among Shiba Inu holders. According to the on-chain analytics platform, 68% of SHIB holders are currently at a loss as the crypto continues to fail to register price growth in the early months...
Bitcoin News / Bitcoinist - 1 year ago
In a blow to the South Korean cryptocurrency industry, the CEO of major exchange Bitsonic, Jinwook Shin, has been sentenced to seven years in prison for operating a sophisticated fraudulent scheme totaling 10 billion won, approximately $7.6 million....
Bitcoin News / Bitcoinist - 1 year ago
Terra founder Do Kwon and co-founder Shin Hyun-Seong of the failed crypto project are still fighting legal battles almost two years after the devastating collapse of the network. This time around, the co-founders of the network are having to fight al...
Bitcoin News / Bitcoinist - 1 year ago
Oklahoma-based Vast Bank, once boasting the title of the first US bank to integrate crypto trading directly into its checking accounts, has officially exited the cryptocurrency market. The closure of their crypto-friendly mobile app, “Vast Cryp...
Bitcoin News / Bitcoinist - 1 year ago
US Treasury Secretary Janet Yellen is scheduled to address Congress today, focusing on the potential risks the crypto industry poses to the financial system. Her prepared remarks, which have been released before her appearance before the House Financ...
Bitcoin News / Bitcoinist - 1 year ago
Yesterday, in a significant development in the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC), US District Judge Sarah Netburn granted the SEC’s request for Ripple to disclose more comprehensive financial d...
Bitcoin News / Bitcoinist - 1 year ago
The Ethereum (ETH) balance in multiple mainstream centralized exchanges, like Coinbase and Binance, has hit a new low. According to Leon Waidmann on X, over 7 million ETH have been withdrawn since April 2023. Is It DeFi, NFT, Or EigenLayer Sapping E...
Bitcoin News / Bitcoinist - 1 year ago
In a recent report by The Guardian, it has been revealed that Sam Lee, an Australian blockchain entrepreneur facing charges of conspiracy to commit fraud in the US for his alleged involvement in a $1.89 billion crypto “Ponzi scheme,” has...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows a Bitcoin ratio has found rejection at a historical level, a sign that the asset’s downtrend may continue. Bitcoin MVRV Ratio Has Rebounded Back Down Off The 2.0 Level As an analyst in a CryptoQuant Quicktake post explained,...
Bitcoin News / Bitcoinist - 1 year ago
In a recent announcement, stablecoin issuer Tether (USDT) revealed its investment in Oobit, a mobile payment application. The successful conclusion of Oobit’s Series A funding round resulted in $25 million raised, supporting the development of...
Bitcoin News / Bitcoinist - 1 year ago
According to local reports, the Spanish Ministry of Finance is looking to implement a new tax reform to expand its control over the monitoring of cryptocurrencies and the digital assets sector. New Tax Reform Tackles Cryptocurrencies As reported by...
Bitcoin News / Bitcoinist - 1 year ago
Hong Kong’s Securities and Futures Commission (SFC) issued a directive to all crypto trading platforms operating within its jurisdiction earlier today. The directive mandates these platforms to submit a license application by February 29 or fac...
Bitcoin News / Bitcoinist - 1 year ago
The expansion of the Shiba Inu ecosystem is continually marked by its development efforts in existing projects and the introduction of new innovative features. Demonstrating confidence in these initiatives, the SHIB marketing team has disclosed the t...
Bitcoin News / Bitcoinist - 1 year ago
The approval of spot Bitcoin ETFs (Exchange Traded Funds) in the United States has had unforeseen consequences for the nascent sector. These changes go beyond the market and its dynamics, as the BTC price stalls around its current levels and seems to...
Bitcoin News / Bitcoinist - 1 year ago
Despite the Bitcoin price failing to properly clear the $43,000 resistance over the last week, it has not stopped investors from taking their positions in the digital asset. According to reports, the Bitcoin transaction volumes have reached their hig...
Bitcoin News / Bitcoinist - 1 year ago
The Shibarium network, which was developed by the Shiba Inu team, has been seeing a lot of adoption over the last few months. This rapid adoption has led to new highs for the network across various metrics, with the latest happening across the number...
Bitcoin News / Bitcoinist - 1 year ago
A significant development has occurred in the ongoing legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs. The SEC has succeeded in its motion to compel the blockchain payment company to produce its 2022-2023 financia...
Bitcoin News / Bitcoinist - 1 year ago
South Korea’s regulator, the Financial Supervisory Service (FSS), has revealed its intent to seek guidance on Bitcoin Spot Exchange-Traded Funds (ETFs) from the United States Securities and Exchange Commission (SEC). FSS Governor To Meet With G...
Bitcoin News / Bitcoinist - 1 year ago
In a major development for the ongoing investigation into the spectacular crash of Terraform Labs and its algorithmic stablecoin TerraUSD, Han Chang-joon, the company’s former chief financial officer, has been extradited to South Korea. This fo...
Bitcoin News / Bitcoinist - 1 year ago
The Shiba Inu (SHIB) price is once again the center of discussion, as a group of experts gave their opinion on how much the meme coin could be worth soon. Based on their predictions, SHIB could eat up another zero by next year. Shiba Inu Price To Ma...
Bitcoin News / Bitcoinist - 1 year ago
In a recent interview, Ripple’s Chief Technology Officer (CTO), David Schwartz, discussed the company’s plans to expand beyond its current focus on payments into a wider range of use cases. This pivot comes against the backdrop of the cry...
Bitcoin News / Bitcoinist - 1 year ago
Coinbase, the largest cryptocurrency exchange in the United States, has released a report identifying several key factors that could trigger a Bitcoin bull run in 2024. The report is centered on crucial elements such as the United States Federal Rese...
