Bitcoin News / Bitcoinist - 1 year ago
In a surprising turn of events, the NFT community seems to have gotten a reprieve from NFT thefts following a report by Peckshield which revealed that NFT thefts have dropped by 31% in July.
NFT Thefts on The Decline
Non-fungible tokens (NFTs) have...
Bitcoin News / Bitcoinist - 1 year ago
Binance, the largest crypto exchange in the world, just released its latest report for its reserves. Following the FTX liquidity issue debacle, crypto exchanges have periodically published reports of their reserve holdings to address investor concern...
Bitcoin News / Bitcoinist - 1 year ago
Curve Finance witnessed a hack attack that drained over $61 million from its Vyper-based liquidity pools on July 30. The report revealed the attacker leveraged a vulnerability in Curve’s Vyper 0.2.15 reentrancy lock.
After the hack, the protocol offe...
Bitcoin News / Bitcoinist - 1 year ago
Popular decentralized finance (DeFi) platform MakerDAO has blocked US-based users’ access to its lending platform Spark Protocol. However, it remains unclear when Spark Protocol implemented this measure to restrict US users.
Extra Efforts To Re...
Bitcoin News / Bitcoinist - 1 year ago
Shytoshi Kusama, the lead developer of Shiba Inu, has provided intricate details on the project’s intention to incorporate a Self-Sovereign Identity (SSI) feature into Shibarium. A new blog post has prompted a meticulous analysis from the SHIB...
Bitcoin News / Bitcoinist - 1 year ago
The countdown has begun for a significant shift in the world of cryptocurrencies as a new US law gears up to reshape the landscape. Set to be enacted on January 1, 2024, this regulation mandates American businesses to collect personal information fro...
Bitcoin News / Bitcoinist - 1 year ago
Chainlink has suffered a 6% blow during the past week as the asset’s downtrend continues. Does the coin have any hope for a turnaround soon?
Chainlink Has Been On A Decline Since Top Back In July
Last month, LINK observed a sharp surge where it...
Bitcoin News / Bitcoinist - 1 year ago
Amid an increase in illicit activities driven by cutting-edge techniques, China’s crackdown on emerging technologies persists, with a primary focus on combating schemes that exploit crypto and artificial intelligence (AI). The Communist Party o...
Bitcoin News / Bitcoinist - 1 year ago
According to a press release, payment company PayPal launched a U.S.-backed stablecoin called PayPal USD (PYUSD). The digital asset is supported by short-term US treasuries and their cash equivalents, and other assets in the nascent sector, such as T...
Bitcoin News / Bitcoinist - 1 year ago
Ripple Labs, a leading name in the blockchain industry, has faced significant setbacks over the past few years, mainly due to a drawn-out lawsuit with the US Securities and Exchange Commission (SEC). As discussions and debates surrounding the lawsuit...
Bitcoin News / Bitcoinist - 1 year ago
An Ethereum-based blockchain tool known as Salsal is under development, set to transform the way museums and cultural institutions manage and safeguard their invaluable historical collections.
Spearheaded by Mark Altaweel, a distinguished professor...
Bitcoin News / Bitcoinist - 1 year ago
In a recent development, the attention of crypto Twitter has been captured by a string of transactions that occurred on the Blur NFT marketplace. The transactions have raised questions of legality after a creative trader with the name, Hanwe Chang,...
Bitcoin News / Bitcoinist - 1 year ago
For the Bitcoin and crypto market, the upcoming week promises to be a pivotal one. While the US Consumer Price Index (CPI), Jobless Claims, Producer Price Index (PPI) and Michigan Consumer Sentiment are all on the horizon, three events stand out as p...
Bitcoin News / Bitcoinist - 1 year ago
OPNX Exchange emerges as a potential savior for crypto lender Hodlnaut as it navigates the complexities of bankruptcy proceedings. A recent report from Bloomberg reveals that the exchange has extended a lifeline to the struggling company. By presenti...
Bitcoin News / Bitcoinist - 1 year ago
In a recent series of tweets, Adam Cochran, a well-known analyst in the crypto community and angel investor, has raised serious concerns about the solvency of Huobi, the world’s 12th largest crypto exchange by spot volume. This comes in the wak...
Bitcoin News / Bitcoinist - 1 year ago
Latvijas Banka highlighted the decline in interest and use of cryptocurrency among Latvians in its “Financial Stability Report” for 2023.
Only 4% of people, down significantly from the 8% seen in February 2022, bought crypto assets, the c...
Bitcoin News / Bitcoinist - 1 year ago
The Central Bank of Honduras (BCH) has taken a significant step toward the potential launch of its own central bank digital currency (CBDC) by initiating a pilot study and opening a public consultation. The move comes as part of the bank’s effo...
Bitcoin News / Bitcoinist - 1 year ago
In a recent development, the United States Securities and Exchange Commission (SEC) has settled with crypto firm Quantstamp following charges of violating securities law which the SEC leveled against it. Quantstamp agreed to settle with the SEC witho...
Bitcoin News / Bitcoinist - 1 year ago
Coinbase CEO Brian Armstrong has refuted the rumors of the possibility of the exchange exiting the United States market for a more crypto-friendly country.
Coinbase CEO Rebuts Relocation Claims
Chief Executive Officer of Coinbase, Brian Armstrong, ha...
Bitcoin News / Bitcoinist - 1 year ago
Blockchain security company CertiK recently revealed a serious flaw that put the Worldcoin system at serious risk. The system’s security and integrity might have been compromised if the vulnerability allowed Orb operators unrestricted access.
U...
Bitcoin News / Bitcoinist - 1 year ago
The success of alpha crypto Bitcoin in the second quarter of 2023 was crucial for Block Inc. The payments startup, led by Twitter founder Jack Dorsey, reported outstanding earnings, recording $5.5 billion in revenue overall. Notably, a sizeable porti...
Bitcoin News / Bitcoinist - 1 year ago
Asset management firm Valkyrie has moved to convert its Bitcoin Strategy exchange-traded fund (BTF) into a Bitcoin and Ether Strategy ETF.
According to the firm’s website, BTF is an actively managed exchange-traded fund (ETF) available through Nasdaq...
Bitcoin News / Bitcoinist - 1 year ago
Prominent crypto exchange Coinbase is currently seeking to dismiss the allegations leveled against it by the United States Securities and Exchange Commission (SEC).
On Aug. 4, lawyers representing Coinbase submitted a motion to dismiss at the US Dis...
Bitcoin News / Bitcoinist - 1 year ago
Elon Musk has shut down rumors that his X platform plan to launch an X token as part of the X ecosystem as certain media outlets had reported about $X and $TWITTER tokens giving the impression that they were linked to the social media giant.
No X Tok...
Bitcoin News / Bitcoinist - 1 year ago
Former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), has been rumored to be responsible for the wave of negative news that has overwhelmed crypto exchange Binance of late.
Binance FUD And SBF’s Involvement
The largest crypto exchan...