Bitcoin News / Bitcoinist - 2 years ago
The recent implosion of some US banks spiked mixed reactions among the public. Most customers of both Silicon Valley and Signature Bank feared a possible loss of their money following the closure of the banks. However, the Treasury Secretary, Janet...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data from Santiment shows Ethereum whales were selling during the past year while sharks were buying more of the asset. Ethereum Sharks Added 3.61 Million ETH To Their Holdings In Past Year According to data from the on-chain analytics firm...
Bitcoin News / Bitcoinist - 2 years ago
One of the biggest influencers in the crypto space, Ben Armstrong, better known as “BitBoy,” has delivered on his threat and revealed the alleged identity of the secret Shiba Inu founder. In his latest 20-minute video, Armstrong refers to...
Bitcoin News / Bitcoinist - 2 years ago
21Shares is set to delist its Terra exchange-traded product (ETP) and pull the plug on five other cryptocurrency ETPs, citing a lack of investor interest. The move comes as the firm looks to streamline its offerings and focus on more promising oppor...
Bitcoin News / Bitcoinist - 2 years ago
Playboy, founded by the late Hugh Hefner, announced a staggering impairment loss of $5 million on its Ethereum holdings from last year. The company attributed the loss to the prolonged crypto winter that had a significant impact on the broader market...
Bitcoin News / Bitcoinist - 2 years ago
Hong Kong is rapidly becoming an attraction site for the crypto industry as the city maintains strong efforts in converting its territory into a global crypto hub. In the latest news, a cryptocurrency data firm, Kaiko, becomes the latest Web3 company...
Bitcoin News / Bitcoinist - 2 years ago
If Ripple wins against the US Securities and Exchange Commission (SEC) in its legal battle, a relisting of the XRP token on the largest American crypto exchange Coinbase will be one of the biggest stories within the XRP community. In a new interview,...
Bitcoin News / Bitcoinist - 2 years ago
When it comes to SaaS companies, Salesforce is the creme of the crop. The CRM software firm focuses on a suite of tools that standardizes customer engagement for large firms, and is now adding NFTs to their scope, courtesy of a partnership with the P...
Bitcoin News / Bitcoinist - 2 years ago
Following the issuance of a Wells Notice from the Securities and Exchange Commission (SEC) to Binance USD (BUSD) issuer Paxos, the stablecoin has taken a hit in the market. Its market cap plunged rapidly as the firm was ordered to stop issuing new to...
Bitcoin News / Bitcoinist - 2 years ago
Amid the instability in the US banking sector, the United States Federal Deposit Insurance Corporation (FDIC) has reportedly now made a decision against the crypto industry. According to a report published on Wednesday evening, potential buyers of th...
Bitcoin News / Bitcoinist - 2 years ago
USDC stablecoin investors panicked when Circle announced its exposure to the shuttered banks, and Circle’s latest report on USDC Reserves and attestation from Deloitte, the global audit company, confirms the connection. However, in a new development...
Bitcoin News / Bitcoinist - 2 years ago
As the FTX bankruptcy case continues, the administrators continue to discover critical issues that could have led to the crash. Recall that the founder and CEO Sam Bankman-Fried mismanaged the customers’ funds leading to the exchange crash last year....
Bitcoin News / Bitcoinist - 2 years ago
The U.S.-based non-profit Blockchain Association (BA) requested information from regulators in the country about an alleged de-banking of crypto companies. Over the past months, the sector has seen some of its most prominent actors lose access to acc...
Bitcoin News / Bitcoinist - 2 years ago
While cryptocurrency gains mainstream adoption across sectors, some traditional financial institutions are beginning to accept it. A recent report revealed that a new Zurich-based fintech, Grow Bank, plans to integrate crypto and fiat currency into i...
Bitcoin News / Bitcoinist - 2 years ago
The Arbitrum Foundation has announced the launch of its new token under the ticker ARB, which will go live on March 23. With a $300 million ARB distribution, The ARB token will allow holders to vote on changes to the Ethereum layer 2 network. Arbitr...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows the total number of Bitcoin addresses has seen rapid growth recently, a sign that adoption may be accelerating. Bitcoin Total Addresses Have Grown By 3.95% During The Last Two Months According to data from the on-chain analytics f...
Bitcoin News / Bitcoinist - 2 years ago
The crypto space is still buzzing with the latest crypto attack on the decentralized lending protocol, Euler Finance. The exploit, which took place on March 13, saw the platform lose about $196 million worth of crypto assets. The hacker preyed on sof...
Bitcoin News / Bitcoinist - 2 years ago
United States Congressman Tom Emmer, the majority whip of the House of Representatives, has once has reiterated his concerns, saying that the federal government is using the recent banking crisis as an excuse for its unjust crackdown on crypto. Emmer...
Bitcoin News / Bitcoinist - 2 years ago
Formfunction, the one-on-one NFT marketplace based on the Solana blockchain, announced its plans to shut down the platform amid NFT’s trading volume and prices slump. The digital firm announced on March 15, without pointing to the exact reason,...
Bitcoin News / Bitcoinist - 2 years ago
Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX, is looking to tap into the company’s director and officer liability insurance to cover his mounting legal expenses, according to court documents filed on Wednesday. Lawyers repr...
Bitcoin News / Bitcoinist - 2 years ago
While the US Securities and Exchange Commission’s (SEC) case against Ripple Labs continues to await a ruling by the judge in charge of the Southern District Court of New York, the fintech company may have received a winning argument from the ju...
Bitcoin News / Bitcoinist - 2 years ago
The Reserve Bank of India (RBI) has formed a partnership with the Central Bank of the United Arab Emirates (CBUAE) to further the development of central bank digital currencies (CBDCs) in their respective nations. India Collaborates with UAE To Expl...
Bitcoin News / Bitcoinist - 2 years ago
The Ethereum Shanghai Upgrade is inching closer to reality as developers announce that the hard fork is undergoing rigorous testing on the Goerli public testnet. This upgrade marks the next phase in Ethereum’s evolution, following its successf...
Bitcoin News / Bitcoinist - 2 years ago
The Shiba Inu community is facing a potentially huge scandal. Did the developers copy the code for Shibarium from another blockchain? After the beta version of Shibarium was released a few days ago, more technical details such as the Chain ID, RPC no...
Bitcoin News / Bitcoinist - 2 years ago
Binance, the world’s largest cryptocurrency exchange by trading volume, has temporarily halted deposit and withdrawal services for its customers in the United Kingdom using bank transfers and card payments. The move comes in response to the de...
