Category : Bitcoinist

Bitcoinist

Bitcoin Boredom Could Continue For 6 More Months: Glassnode

submitted by /u/Satansmybro [link] [comments]

Chain Reaction: Fake PayPal USD Tokens Flood Blockchains After Stablecoin Launch

Fraudsters are actively attempting to deceive unsuspecting individuals by exploiting the introduction of the recent dollar-anchored stablecoin of PayPal, known as PayPal USD (PYUSD). They carry out their nefarious ways by releasing counterfeit tokens...

New Report Shows Cardano Has Grown Exponentially In 2023

Cardano, a decentralized Proof of Stake (PoS) blockchain, has revealed a massive surge in decentralized applications (DApps) transactions despite the recent market downturns and regulatory restrictions it faced previously. Cardano Ecosystem QoQ On O...

New Stablecoin War: Tether, Binance, Justin Sun, And USDC In The Spotlight

There is a new stablecoin brewing in the crypto market since last week. As things stand, the main players are Binance, Tether, USDC and Tron’s Justin Sun. While the connections are not yet clear and need further investigation, reputable researc...

FTX Primary Counsel Fenwick & West LLP Is Being Sued By Investors

A group of FTX investors has filed a class action suit against FTX’s primary counsel Fenwick & West LLP, court filings reveal. According to the court document, the plaintiffs are suing the law firm for contributing to the “largest financial fraud...

Bitcoin ETF A Matter Of Time, Inside Sources Claim

The U.S. Securities and Exchange Commission (SEC) seems more than likely to approve a spot Bitcoin ETF, according to a recent report. The regulator rejected every petition for the financial instrument, but the world’s largest asset manager, Bla...

Ripple’s CTO Weighs In: Is PayPal’s New Stablecoin Safe Or A Centralization Nightmare?

In the fast-paced domain of cryptocurrencies, industry giants are constantly seeking ways to advance and adapt. San Jose-based payment platform, PayPal, has been no exception to this trend. The company’s recent introduction of its own stablecoi...

Huobi Saga Continues As Justin Sun Moves $200 Million To The Exchange

Embattled cryptocurrency entrepreneur Justin Sun is currently in the news as a wallet address labeled “Justin Sun” was recently reported to have transferred $200 million to the crypto exchange Huobi. As a result of the transfer, Huobi’s USDT reserve...

Bitstamp Exchange Raises Funds To Enter Derivative Markets In Asia And Europe

Luxumberg-based cryptocurrency exchange, Bitstamp is looking to expand its global presence by broadening its reach in the European and Asian Markets. According to an August 8 Bloomberg report, the crypto exchange is raising fresh funds to support its...

CoinsPaid Accuses North Korean Hackers Of Phony Job Interview To Steal $37 Million

CoinsPaid, a cryptocurrency payments company headquartered in Estonia, has raised suspicions that the Lazarus Group, a group of hackers from North Korea, managed to breach its systems by utilizing deceptive recruiters who targeted company employees. ...

Cardano Slips Down 5%, But Sharks & Whales Continue To Buy

Cardano has declined by 5% during the past week, but on-chain data show that large investors have only continued to buy more. Cardano Sharks & Whales Now Hold Highest Amount Since September 2022 According to data from the on-chain analytics firm...

Crypto Exchange Blockchain.com Obtains Payment License In Singapore

Cryptocurrency exchange Blockchain.com has been granted a payment license in Singapore, expanding its operations in Asia and the world at large. According to a press release on Monday, Blockchain.com announced it had obtained a major payment institut...

Worldcoin Raid: Cops Storm Crypto Venture’s Facility In Kenya – Report

Kenya has intensified its scrutiny of Worldcoin, a cryptocurrency venture managed by OpenAI’s founder, Sam Altman. Recent reports indicate that Kenyan police conducted a raid on Worldcoin’s Nairobi facility on August 7 in order to access...

Only 30% Of USDC Adoption Is Driven By US Customers, Circle CEO Reveals

Circle’s CEO Jeremy Allaire has revealed that US customers only account for 30% of stablecoin USDC’s adoption. This may come as a surprise to many, considering that Circle and its USDC token have been thought to majorly be focused on the US market, e...

Bitcoin Mining Facility In Bhutan Is Completed, Confirms Bitdeer

In a significant move underscoring the growing importance of sustainable energy sources in Bitcoin mining, Singapore-based Bitdeer Technologies Group (NASDAQ: BTDR) has announced the completion of its state-of-the-art mining facility in the Kingdom o...

PayPal USD Debut: Why Its New Stablecoin Is Triggering Apprehension

PayPal has concluded an extended period of careful consideration, advancement, and setbacks to unveil its newly established stablecoin tied to the US dollar. The stablecoin, called PayPal USD (PYUSD), facilitates users in engaging in activities such...

Ripple CLO Calls For Investigation Of Former SEC Official

Stuart Alderoty, Ripple Labs’s Chief Legal Officer, took to Twitter to voice concerns over potential conflicts of interest involving former SEC official, Bill Hinman. Alderoty tweeted, “Crypto critic/x-SEC official John Reed Stark says there sh...

Chainlink Developer Activity Surging, LINK Prices Up 44% From June Lows

Santiment, a blockchain analytics firm, shows that Chainlink’s development activity has been rapid since late May 2023. A metric that tracks the continuous enhancement of Chainlink, a blockchain-agnostic platform that links decentralized apps (...

Ethereum Has Burned Over 50% of All ETH Issued Since Merge, Back To All-Time High?

Over two years since Ethereum merged its proof-of-work layer with the proof-of-stake Beacon Chain via “The Merge,” the network has burned over half of all ETH issued. Ultra Sound Money data on August 7 shows that out of the over 6.5 milli...

US Congressman McHenry Praises Stablecoins, Calls Them Vital To 21st-Century Payments

In a notable move that highlights the growing acceptance and potential of stablecoins in modern payment systems, PayPal has announced the launch of its payment stablecoin PYUSD. This development comes shortly after the House Financial Services Commi...

Litecoin Hashrate Nears ATH Despite Miner Rewards Being Halved

Data shows the Litecoin mining hashrate is approaching a new all-time high, despite miners earning half the rewards since the halving. Litecoin Mining Hashrate Is Close To Setting A New All-Time High Like Bitcoin, Litecoin is a proof-of-work (PoW) ne...

ARK’s Bitcoin ETF Decision Nears – Will SEC Give the Green Light on Aug. 13?

According to a recent report by CNBC, the United States Securities and Exchange Commission (SEC) is rapidly approaching a key deadline for making a ruling on ARK’s application for a Bitcoin (BTC) Spot Exchange Traded Fund (ETF). With the globa...

Securing Funding For Lawyers? Terra’s Do Kwon Sells More Bitcoin

submitted by /u/milonuttigrain [link] [comments]

Dogecoin Makes Its Way Into Pop Culture With Futurama Appearance

Dogecoin’s popularity seems to be growing nonstop as the meme coin has now made its way into popular culture. The digital asset’s recent performance on the popular animated show Futurama outlines the far reach of this cryptocurrency which was created...

Is An Apocalypse Coming To Altcoins In August?

The allure of altcoins and their incredible returns when crypto is bullish keeps investors buying the high beta assets. This comes with higher levels of risk and volatility. The altcoin market appears to be possibly be ready for final capitulation, a...

	The Riveting World of Bombay Club
	SOCIAL GOOD 100$ free sign up bonus + 100% Cashback on daily purchases
	Ethereum Expected to Thrive in 2023
	How To Get Started On Cryptocurrency Gaming
	5 Important Features of White Label NFT Marketplace
	How to get started with crypto gambling
	Best 7 Web3 Apps That Pay You Crypto
	6 Must-Have Tools For Crypto Traders
	Can Ethereum 2.0 Be Converted to Cash?
	Cryptocurrency in Gambling: Features and Benefits
	What are the Core Facets of a Successful Cryptocurrency?
	Cost to Develop Your Own Cryptocurrency Website
	EgldRush - The best Elrond NFT project Farming, Staking, Rewarding
	Choosing a Safe Cryptocurrency Exchange 2022
	Let's Talk About Security in Crypto