Bitcoin News / Bitcoinist - 1 year ago
In a dramatic courtroom exchange, Judge Lewis Kaplan and the defense team representing former FTX CEO Sam Bankman-Fried (SBF) discussed trial preparation challenges and looming deadlines today. The proceedings shed light on the defense’s alleg...
Bitcoin News / Bitcoinist - 1 year ago
Bankrupt digital asset lender BlockFi has filed a court petition requesting permission to convert the Trade Only assets of its users to stablecoins, thus allowing the withdrawal of these tokens. This development marks the companyâs latest effort to r...
Bitcoin News / Bitcoinist - 1 year ago
Robinhood Wallet, the popular multi-chain, self-custody, Web3 wallet, has introduced new features to meet the demands of its growing user base. In response to user feedback, Robinhood Wallet now supports Bitcoin (BTC) and Dogecoin (DOGE), allowing us...
Bitcoin News / Bitcoinist - 1 year ago
Back in 2021, the decentralized finance (DeFi) space experienced explosive growth which led to a rapid rise in total value locked (TVL). The TVL would continue to grow into 2022 and maintain a decent level even through the initial bear market trigger...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the Bitcoin sharks and whales added to their holdings right before the latest rally in the asset’s price occurred. Bitcoin Investors Holding Between 10 to 10,000 BTC Bought Ahead Of Rally According to data from the on-chain...
Bitcoin News / Bitcoinist - 1 year ago
Jamaica’s quest for digital financial transformation is gaining momentum, and its homegrown Central Bank Digital Currency (CBDC), Jam-Dex, is at the heart of this change. Recent developments suggest that the transportation sector, particularly...
Bitcoin News / Bitcoinist - 1 year ago
On Tuesday, the United States Court of Appeals for the District of Columbia Circuit granted Grayscale a significant win over the SEC by revoking the SECâs foregoing order to turn the GBTC into a Bitcoin Spot ETF. However, Grayscale’s victory ov...
Bitcoin News / Bitcoinist - 1 year ago
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Bitcoin News / Bitcoinist - 1 year ago
Stablecoin company Circle seems to be making good strides in its goal of global USD Coin (USDC) adoption, having struck a new partnership deal with Mercado Pago, the “largest fintech company in the Latin American (LATAM) region”. This pa...
Bitcoin News / Bitcoinist - 1 year ago
Ethereum (ETH) stands poised to reign supreme in what analysts are calling the “upcoming stablecoin wars.” Bloomberg Intelligence crypto market analyst, Jamie Coutts, has confidently predicted the cryptocurrency’s victory, citing it...
Bitcoin News / Bitcoinist - 1 year ago
Another significant crypto entity scored a victory in the US legal system as Ethereum-based crypto exchange Uniswap won a class action. The legal battle was fundamental for the platform as it could have set a dangerous precedent for the nascent indus...
Bitcoin News / Bitcoinist - 1 year ago
Amid regulatory scrutiny and potential legal repercussions, Binance moves forward with its developmental processes by launching a new crypto-to-cash bank service in Latin America. Binance Launches âSend Cashâ In Latin America Binance, the worldâs le...
Bitcoin News / Bitcoinist - 1 year ago
SEBA Bank, a Switzerland-based crypto-focused bank, has secured an in-principal license to offer crypto services in Hong Kong. SEBAâs Hong Kong unit announced this achievement on August 30. The Securities and Futures Commission (SFC) license allows t...
Bitcoin News / Bitcoinist - 1 year ago
Tether, the prominent stablecoin issuer behind USDT, has taken a strategic step by enlisting the services of Britannia Bank & Trust, a private financial institution based in the Bahamas. This move comes as Tether seeks to enhance its dollar trans...
Bitcoin News / Bitcoinist - 1 year ago
With Shibariumâs popularity growing with new users registered daily, a Shiba Inu team member influencer has disclosed detailed steps on how to withdraw digital assets from Shibarium to Ethereum. How-To Guide For Shibarium To Ethereum Withdrawals Unv...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin proponent and Miami Mayor Francis Suarez declared his White House candidacy with conditions, vowing to exit if he failed to meet GOP thresholds. Although he asserted qualification, he was absent from the Milwaukee debate. The question remains...
Bitcoin News / Bitcoinist - 1 year ago
On August 28, the US Securities and Exchange Commission (SEC) filed a sealed motion for leave to file documents under seal in its ongoing case against Binance. Following this, former SEC attorney John Reed Stark has revealed what this could mean for...
Bitcoin News / Bitcoinist - 1 year ago
In an academic paper, researchers from the University of Luxembourg have unveiled a novel approach to enhance the communication efficiency of Ripple’s XRP Ledger. The research, supported by the Luxembourg National Research Fund and Ripple’...
Bitcoin News / Bitcoinist - 1 year ago
In a seismic shift for the Bitcoin industry, the DC Circuit court has ruled in favor of Grayscale Investments yesterday, effectively vacating the US Securities and Exchange Commission’s (SEC) previous denial of Grayscale’s Bitcoin spot ET...
Bitcoin News / Bitcoinist - 1 year ago
Striving to evolve X (formerly Twitter) into a multifaceted community platform replete with diverse functionalities, the Elon Musk-led company has successfully secured the necessary authorization to function as a payment hub in the United States. Thi...
Bitcoin News / Bitcoinist - 1 year ago
In a surprising turn of events, the United States Securities and Exchange Commission (SEC) has filed a sealed motion in its ongoing litigation against Binance, the world’s largest cryptocurrency exchange. This rare legal maneuver, which aims t...
Bitcoin News / Bitcoinist - 1 year ago
Immediately after Ethereum spiked on August 29, a whale bought 8,000 ETH at $1,709, spending 13.66 million USDC. ETH prices continue to rise, trading at around $1,740 when writing. The coin may post even more gains in the sessions following a shift...
Bitcoin News / Bitcoinist - 1 year ago
Immediately after Ethereum spiked on August 29, a whale bought 8,000 ETH at $1,709, spending 13.66 million USDC. ETH prices continue to rise, trading at around $1,740 when writing. The coin may post even more gains in the sessions following a shift...
Bitcoin News / Bitcoinist - 1 year ago
In a recent development, two prominent commissioners at the US Securities and Exchange Commission (SEC), Mark Uyeda and Hester Peirce, have expressed their dissent against the agency’s enforcement action on Non-Fungible Tokens (NFT). As report...
Bitcoin News / Bitcoinist - 1 year ago
The latest update for the financial complications faced by Genesis Global, a notable name in the crypto lending space, and its parent company, Digital Currency Group (DCG), shows that both entities seem to have navigated their way out of the murky wa...
