Bitcoin News / Bitcoinist - 2 years ago
Data from Glassnode has revealed that the Bitcoin supply is gradually dispersing from whales and exchanges to smaller hands with time. Bitcoin Supply Is Slowly Showing Dispersal Towards Smaller Holders According to a new report published by the on-ch...
Bitcoin News / Bitcoinist - 2 years ago
Almost half a billion SHIB tokens have been removed from circulation in 24 hours, spiking its burn rate. According to data from Shibburn, approximately 455 million Shiba Inu tokens have been burned in the last 24 hours, a 1,322.79% rise in burn rate...
Bitcoin News / Bitcoinist - 2 years ago
No doubt the crypto environment has seen major headlines impacting the market in several ways over the past few weeks. However, the latest headline today has raised more curiosity and questions among the community pondering the whale’s next move give...
Bitcoin News / Bitcoinist - 2 years ago
Per several reports, Chinese billionaire Guo Wengui was arrested by the U.S. Federal Bureau of Investigation (FBI) for his alleged participation in a multi-million dollar crypto fraud. Wengui is one of the many Chinese billionaires forced to leave th...
Bitcoin News / Bitcoinist - 2 years ago
Stablecoins have become an integral part of the multiple developments and improvements that are ongoing in the crypto sphere and cryptocurrency networks are not the only systems executing new developments in the digital currency space. Some banks ar...
Bitcoin News / Bitcoinist - 2 years ago
One of the reasons regulators frown at crypto transactions is anonymity. For instance, with crypto mixers such as Tornado Cash, crypto users can send and receive money without compromising their personal information. Unfortunately, this system also...
Bitcoin News / Bitcoinist - 2 years ago
One of the largest crypto-focused cybercriminal organizations known in the underworld, Chipmixer, has been shut down in a joint effort by German and U.S. authorities. According to a Europol press release, the investigation was also supported by Belgi...
Bitcoin News / Bitcoinist - 2 years ago
Crypto.ro, Romania’s leading cryptocurrency and blockchain media platform, just announced it is hosting the much-awaited “The Alliance” conference in Timișoara. This prestigious conference is scheduled for September 21, 2023, at th...
Bitcoin News / Bitcoinist - 2 years ago
Signature Bank is facing scrutiny from the U.S. Department of Justice over potential shortcomings in its efforts to thwart money laundering, according to insiders familiar with the matter cited in a Bloomberg report on Wednesday. The investigations...
Bitcoin News / Bitcoinist - 2 years ago
Meta, like many others, have been hit by the global pandemic that pushed many world economies backward. For instance, the United States GDP fell by 8.9%, and even the country’s imports exceeded its exports as demand from firms and consumers hei...
Bitcoin News / Bitcoinist - 2 years ago
As the current Bitcoin halving cycle continues to advance, here’s what the previous cycles looked like at similar points in their lifespan. The latest Bitcoin Cycle Recently Passed The 150,000 Blocks Milestone A “halving” is a perio...
Bitcoin News / Bitcoinist - 2 years ago
The market for cryptocurrencies needed a way to process crypto-to-fiat payments or withdrawals with the same 24/7 stamina as that of the traditional financial system. Silvergate and Signature Bank filled in that gap between cryptocurrencies and Trad...
Bitcoin News / Bitcoinist - 2 years ago
The Euler Finance team has aggressively pursued recovering the funds stolen from its platform. The hacker stole crypto tokens worth millions of dollars, pushing the lending platform to involve some security firms and authorities from the US and UK. I...
Bitcoin News / Bitcoinist - 2 years ago
J.W. Verret has outlined in an interview with John E. Deaton why XRP holders should hope for a “thin victory” for Ripple against the U.S. Securities and Exchange Commission (SEC). The former member of the SEC’s Investor Advisory Com...
Bitcoin News / Bitcoinist - 2 years ago
Just a few days ago, the beta version of the layer-2 scaling solution from Shiba Inu, Shibarium, was made available to the public. As it became known, there is a tremendous number of projects that want to build on Shibarium. LucieSHIB, a popular Twit...
Bitcoin News / Bitcoinist - 2 years ago
Polkadot is one blockchain that we haven’t recently associated in the entertainment and sports coverage here at Bitcoinist. Blockchains like Polygon, Solana, Tezos and Avalanche (among others) have taken a very culture or creative-first approac...
Bitcoin News / Bitcoinist - 2 years ago
After being shut down by U.S. regulators on Sunday, crypto-friendly Signature Bank director and former Congressman Barney Frank claimed they had “no indication of problems.” They suggested the bank’s closure was a “strong anti...
Bitcoin News / Bitcoinist - 2 years ago
According to a recent Bloomberg report, U.S. regulators are again attempting to interfere with the sale of the bankrupt crypto lender Voyager Digital to major crypto trading platform Binance.US. Although U.S. Bankruptcy Judge Michael Wiles, overseei...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows around 2.7 million more coins have entered a state of profit following Bitcoin’s jump above the $25,000 level. 65% Of The Adjusted Bitcoin Supply Is Now In The Green According to data from the on-chain analytics firm Glassno...
Bitcoin News / Bitcoinist - 2 years ago
Regardless of Ethereum’s odd price action over the past few days, the second-largest crypto by market cap has been breaking records behind the scenes. According to Ultrasoundmoney, ETH supply deflation has recently hit a record high as the total ETH...
Bitcoin News / Bitcoinist - 2 years ago
Euler Finance, a lending protocol in the decentralized finance (DeFi) space, which has witnessed several losses of funds through network exploits, has fallen victim to the largest exploit so far in 2023. Recently, the space Meta Sleuth, a crypto ana...
Bitcoin News / Bitcoinist - 2 years ago
In a recent tweet, Argo Blockchain PLC revealed that it has no exposure to the shuttered SVB and Silvergate banks. It also shared a post responding to the bank issues, declaring that neither the Argo blockchain nor its subsidiaries are exposed to the...
Bitcoin News / Bitcoinist - 2 years ago
Data shows Tether USD (USDT) has benefited from the recent chaos with the USD Coin (USDC) peg, as the stablecoin’s dominance has now hit 57.8%. Tether (USDT) Dominance Has Surged To 57.8% Now As per the latest weekly report from Glassnode, Teth...
Bitcoin News / Bitcoinist - 2 years ago
Cryptocurrency exploits have become one of the growing menaces against the advancement and adoption of digital assets. Over the years, the industry has suffered huge losses through several exploits on crypto blockchains and related platforms. Though...
Bitcoin News / Bitcoinist - 2 years ago
The crypto market started off the week on a good streak with the likes of Dogecoin and Shiba Inu rallying alongside Bitcoin. However, both meme coins have failed to follow the growth pattern of the largest asset in the crypto market and performed eve...
