Bitcoin News / Bitcoinist - 1 year ago
Back in 2022, Lido Finance, a decentralized finance (DeFi) protocol providing staking services, announced support for Solana. Since then, the DeFi platform has provided an avenue for Solana users to stake their SOL and receive a liquid staking token...
Bitcoin News / Bitcoinist - 1 year ago
An analyst has suggested that the approval of a Bitcoin (BTC) Spot exchange-traded fund (ETF) is unlikely to happen this year, dampening the optimism that surged in the crypto sector following Grayscale’s recent legal victory against the US Sec...
Bitcoin News / Bitcoinist - 1 year ago
A newly released report by the World Federation of Exchanges (WFE) sheds light on the current composition of crypto trading platforms, highlighting that 40% are decentralized. Notably, the findings from the report mainly reveal a glimpse into the dyn...
Bitcoin News / Bitcoinist - 1 year ago
Ripple’s ongoing legal battle against the US Securities and Exchange Commission (SEC) is known to have had some negative effects on the company. And now, Ripple’s Chief Technology Officer (CTO) David Schwartz has given an insight into how much the la...
Bitcoin News / Bitcoinist - 1 year ago
Tether, the company behind the prominent stablecoin USDT, holds $72.5 billion worth of US Treasury bills (T-bill). This development was revealed initially in the company’s assurance report for Q2 2023. However, Tether’s Chief Technology Office...
Bitcoin News / Bitcoinist - 1 year ago
Consistent with the volatile nature of the cryptocurrency market, the Bitcoin (BTC) price has been experiencing a string of fluctuations in the past few weeks. Despite the renewed optimism, thanks to Grayscale’s recent victory against the Unite...
Bitcoin News / Bitcoinist - 1 year ago
On Monday, August 4, 2023, one of the world’s leading crypto casinos Stake, owned by Australian Billionaire Ed Craven, reportedly experienced a massive $41 million hack across several blockchains. Stake’s Alleged $41 Million Hack The plat...
Bitcoin News / Bitcoinist - 1 year ago
Data shows the Bitcoin mining hashrate has already rebounded from its latest plunge, suggesting that miners haven’t given up hope just yet. Bitcoin Mining Hashrate Has Surged Back Towards High Levels The “mining hashrate” refers to...
Bitcoin News / Bitcoinist - 1 year ago
Global crypto governance, despite India’s nine-month presidency within the Group of 20 (G20), has shown limited progress, according to Subhash Chandra Garg, India’s former finance secretary. India took on its G20 presidency in December 2...
Bitcoin News / Bitcoinist - 1 year ago
Despite a large following, there seems to be much unknown about the foremost meme coin, Dogecoin. In a bid to get the crypto community more acquainted with Dogecoin’s history, Litecoin maximalist Shan Belew has moved to inform the community about thi...
Bitcoin News / Bitcoinist - 1 year ago
In a recent Twitter exchange, David Schwartz, the Chief Technical Officer (CTO) of Ripple, weighed in on the ongoing discussions surrounding the XRP Ledger (XRPL) fork Xahau. The discourse was ignited by Saul, a prominent figure in the XRP community,...
Bitcoin News / Bitcoinist - 1 year ago
Per an official announcement, payment giant VISA expanded its stablecoin settlement services to the Solana blockchain. The program is currently in a pilot and testing phase but looks to improve upon the capabilities of the legacy payment rails. VISA...
Bitcoin News / Bitcoinist - 1 year ago
An Australian cryptocurrency exchange, Swyftx, which boasts 660,000 customers, aims to launch an educational initiative. According to the firm, the reason was due to the increased demand for crypto education during the bear market. The cryptocurrenc...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin, the world’s leading crypto, has been spared from a recent negative occurrence that gripped the digital currency market. Crypto outflows took a breather last week, providing a glimmer of hope for an industry grappling with prolonged neg...
Bitcoin News / Bitcoinist - 1 year ago
Following the Ripple partial victory over the SEC back in early July, the XRP price grew rapidly and climbed double-digits to secure a new yearly high. However, this has turned out to be short-lived as less than two months later, the cryptocurrency h...
Bitcoin News / Bitcoinist - 1 year ago
Andrew Tate, the controversial social media influencer known for his outspoken views, has turned his attention to the financial world, speculating on the likelihood of the Securities and Exchange Commission approving a Bitcoin exchange-traded fund (E...
Bitcoin News / Bitcoinist - 1 year ago
Polygon (MATIC) has once again landed a big name. Casio Computer Co., Ltd. has unveiled its plans to launch the virtual G-SHOCK project, an interactive user community aimed at bridging the gap between the iconic G-SHOCK line of shock-resistant watche...
Bitcoin News / Bitcoinist - 1 year ago
Shytoshi Kusama, the lead developer of the Shiba Inu project, has confirmed the development of a “Burn Portal” for the Shibarium protocol. This announcement comes as the protocol continues to gain traction, following its successful relaun...
Bitcoin News / Bitcoinist - 1 year ago
Binance, one of the world’s largest cryptocurrency exchanges, continues to experience a wave of executive departures as it grapples with regulatory challenges and legal scrutiny in the United States and Europe. According to a Reuters report, t...
Bitcoin News / Bitcoinist - 1 year ago
A recent development has stirred discussion among legislators, crypto enthusiasts, and industry stakeholders in Australia. The nation’s Senate, via its Economic Legislation Committee, has shown resistance against a Bill aiming to regulate the c...
Bitcoin News / Bitcoinist - 1 year ago
Stake, an Australian crypto casino renowned for the integration of crypto assets into gambling, has fallen victim to a recent alleged exploit. On-chain analysis firm Cyvers revealed that a jaw-dropping $16 million was siphoned off from the Ethereum...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the Bitcoin network has hit a new milestone as the total number of holders now exceeds the population of Spain. Bitcoin Holders Now Count At More Than 48.5 Million As pointed out by an analyst in a post on X, BTC investors now cou...
Bitcoin News / Bitcoinist - 1 year ago
Gala Games CEO Eric Schiermeyer has launched a legal battle against his co-founder, Wright Thurston, and his investment firm, True North United Investments. Schiermeyer alleges that around $130 million worth of GALA tokens were stolen in early 2021,...
Bitcoin News / Bitcoinist - 1 year ago
The crypto community has been lit abuzz over a decentralized ‘Ethereum Supreme Court’ proposed by Matter Labs Founder to resolve on-chain disputes. Matter Labs Ethereum Supreme Court For Decentralized Justice Alex Gluchowski, Founder and CEO of Matt...
Bitcoin News / Bitcoinist - 1 year ago
In a recent tweet, Chinese journalist Colin Wu provided an update regarding a significant crypto hack that took place in August. The hack was alarming because it targeted a platform BitBrowser, frequently used by cryptocurrency enthusiasts who partic...
