Bitcoin News / Bitcoinist - 1 year ago
SwirlLend, a lending protocol based on Layer 2 networks Base and Linea, has seemingly executed a rug pull, disappearing with an estimated $460,000 in user funds. According to reports, the project developer drained $290,000 from Base and $170,000 from...
Bitcoin News / Bitcoinist - 1 year ago
The financial portfolio of Donald Trump is undergoing a surprising transformation as he emerges as an unexpected player in the world of cryptocurrencies. With holdings of Ether and earnings from his own branded NFTs skyrocketing, the former US presi...
Bitcoin News / Bitcoinist - 1 year ago
The Republic of Uzbekistan has approved the participation of another private bank in its ongoing national crypto card project. According to a press release on August 15, 2023, the country’s digital asset regulatory body, the National Agency of Persp...
Bitcoin News / Bitcoinist - 1 year ago
AI tokens have caught the attention of the US Securities and Exchange Commission, as its chair, Gary Gensler, highlighted potential conflicts of interest within the realm of artificial intelligence. In a series of posts on the social network X, Gens...
Bitcoin News / Bitcoinist - 1 year ago
China is known for its clampdown on crypto-related activities in the country, and a recent development involving a Filecoin pyramid scheme could see the authorities move to intensify their efforts against the industry. Filecoin Miners Involved In $8...
Bitcoin News / Bitcoinist - 1 year ago
In a forward-thinking post to the Bitcoin-Dev mailing list, renowned Bitcoin Core developer and founder of OpenTimestamps, Peter Todd, has advanced the Bitcoin Improvement Proposal 352 (BIP-352) for integrating user-defined expiration dates to silent...
Bitcoin News / Bitcoinist - 1 year ago
The world’s largest crypto exchange by trading volume, Binance is known for regularly assessing tokens listed on its platform and moving to delisting ones that don’t meet certain requirements. And following its latest assessment, three tokens are set...
Bitcoin News / Bitcoinist - 1 year ago
Celsius Network, the bankrupt cryptocurrency lender, has received court approval for its restructuring plan as it works to emerge from bankruptcy. The plan, which allows Celsius to restructure its debts and continue operating, received a United State...
Bitcoin News / Bitcoinist - 1 year ago
Per an official post, crypto exchange Coinbase received permission from the US National Futures Association (NFA) to offer Bitcoin and Ethereum futures in the country. An organization designated by the Commodities and Futures Trading, the NFA granted...
Bitcoin News / Bitcoinist - 1 year ago
Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad” and a prominent entrepreneur, has consistently championed alternative investment strategies that defy conventional norms. Over the years, Kiyosaki’s fondness for Bitcoin,...
Bitcoin News / Bitcoinist - 1 year ago
In the ongoing legal tussle between the US Securities and Exchange Commission (SEC) and Ripple Labs, a document was filed yesterday. A mysterious non-party, referred to as the “Investment Banker Declarant,” has officially re-entered an ap...
Bitcoin News / Bitcoinist - 1 year ago
Sam Bankman-Fried, the once-respected person behind the FTX crypto exchange, is now facing legal challenges after the collapse of his cryptocurrency platform in November, and prosecutors have now filed a strong assortment of evidence against him in c...
Bitcoin News / Bitcoinist - 1 year ago
On day 1 of the Blockchain Futurist Conference, Shiba Inu lead developer Shytoshi Kusama gave a 5-minute speech yesterday. While the hoped-for launch of the layer 2 scaling solution Shibarium has not yet been announced, but he had other interesting t...
Bitcoin News / Bitcoinist - 1 year ago
In a recent development, Republican lawmakers on the U.S. congressional committee responsible for overseeing the Securities and Exchange Commission (SEC) have intensified their scrutiny of the agency’s crypto approval process. Led by Chair Pat...
Bitcoin News / Bitcoinist - 1 year ago
The United States real yield on 10-year Treasuries stands at 1.84%, the highest level in 14 years. On August 14, the “real yield,” which factors in inflation, rose by six basis points to multi-year highs, an increase that may prop the USD...
Bitcoin News / Bitcoinist - 1 year ago
XRP price has been performing quite well over the last month after US Judge Analisa Torres declared that secondary sales of the asset on exchanges didn’t qualify as securities. The altcoin’s initial pump tapered off in a few days but XRP continues to...
Bitcoin News / Bitcoinist - 1 year ago
Binance Connect, the regulated buy-and-sell crypto arm of Binance exchange, is set to shut down on August 16. This announcement comes after the decentralized exchange Biswap tweeted on the same day, revealing that Binance had made a challenging deci...
Bitcoin News / Bitcoinist - 1 year ago
In recent months, 19 cryptocurrencies, notably deemed unregistered securities by the Securities and Exchange Commission (SEC), experienced a dramatic dip in their combined market value, shedding roughly $20 billion. These tokens included Solana (SOL...
Bitcoin News / Bitcoinist - 1 year ago
The Reserve Bank of Zimbabwe (RBZ) has expressed its desire to establish a new form of digital money known as the Gold-Backed Digital Token (GBDT). This digital currency will be underpinned by gold bullion reserves held by the central bank. The decis...
Bitcoin News / Bitcoinist - 1 year ago
Grayscale Investments, the renowned digital asset management firm, is yet to receive a decision from the U.S. Securities and Exchange Commission (SEC) regarding its application to convert its Bitcoin Trust into a spot Bitcoin exchange-traded fund (ET...
Bitcoin News / Bitcoinist - 1 year ago
The XRP ecosystem could face more vigorous opposition to its expansion from Stellar and native cryptocurrency XLM. The company recently acquired a minority stake in payment processor MoneyGram. XRP v. Stellar: MoneyGram Could Tip Balance In Rivalry?...
Bitcoin News / Bitcoinist - 1 year ago
Several crypto analysts have continued to predict what could trigger the next Bitcoin bull run. This time, co-founder of Delphi Digital Kevin Kelly has weighed in as he believes certain metrics could determine when the next bull run will occur. Bitco...
Bitcoin News / Bitcoinist - 1 year ago
During the last crypto bull market, Dogecoin was a clear leader among altcoins and beat Bitcoin by miles in terms of return on investment (ROI). Could this old dog be up to it’s same tricks? The meme coin is mere pennies away from triggering a “parab...
Bitcoin News / Bitcoinist - 1 year ago
As Singapore continues to warm up to the adoption of stablecoins in its economy, the Monetary Authority of Singapore (MAS) has released a new regulation to provide more regulatory clarity for the industry. Stablecoin Regulatory Framework Singapore’s...
Bitcoin News / Bitcoinist - 1 year ago
Rocketswap, a decentralized exchange on the Coinbase native blockchain and Ethereum-based network Base, has just experienced a crypto exploit, losing over $860k of users’ assets. According to an August 15 post on X by Rocketswap, the incident...
