Bitcoin News / Bitcoinist - 1 year ago
According to a recent report by Bloomberg, Maxine Waters, the top Democrat on the House Financial Services Committee, expressed deep concern over PayPal Holdings Inc.’s stablecoin launch without a comprehensive regulatory framework. According...
Bitcoin News / Bitcoinist - 1 year ago
In the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Federal Judge Analisa Torres has announced that the court intends to schedule a jury trial for the second quarter of 2024. The decision follows a...
Bitcoin News / Bitcoinist - 1 year ago
Coinbase’s Base mainnet has officially opened to the general public, bringing forth a host of features and an ecosystem of over 100 decentralized applications (DApps) and service providers. According to a report by The Block, the launch follow...
Bitcoin News / Bitcoinist - 1 year ago
Binance faces increasing regulatory scrutiny as a Nigerian trade union calls for the Federal Government of Nigeria to ban the exchange’s operation within the West African nation. In a Tuesday Interview with the News Agency of Nigeria (NAN), Aminu Gw...
Bitcoin News / Bitcoinist - 1 year ago
The majority of Russian citizens seem to have no interest or trust in the Russian central bank digital currency (CBDC), according to two recent consumer surveys. This comes days after the Bank of Russia (BoR) unveiled the digital ruble’s official log...
Bitcoin News / Bitcoinist - 1 year ago
Here’s what data suggests regarding which of USD Coin (USDC) and Tether (USDT) do institutional stablecoin investors prefer. Average Transaction Size For USDC Is Greater Than USDT In a new post on X, the market intelligence platform IntoTheBloc...
Bitcoin News / Bitcoinist - 1 year ago
Back in 2022, the collapse of Terra LUNA and de-pegging of UST Classic (USTC) rocked the crypto market and led to a massive crash. Since then, the once stablecoin pegged to the US dollar has been trading more than 98% below $1. But the community has...
Bitcoin News / Bitcoinist - 1 year ago
Ripple’s recent win against the United States Securities and Exchange Commission (SEC) seems to have emboldened crypto firms in the space. As more companies take on the regulator in court, a lawyer has pointed out why XRP’s ruling is important....
Bitcoin News / Bitcoinist - 1 year ago
The rise of crypto has brought with it a new wave of cybercrimes, challenging the conventional methods employed by law enforcement agencies. With blockchain transactions inherently designed to provide anonymity, authorities have often found themselve...
Bitcoin News / Bitcoinist - 1 year ago
The X (Twitter) account of Blockchain Capital, a venture capital firm focused on cryptocurrencies, was hijacked by scammers aiming to entice users with a fraudulent token claim scheme. On August 9, several messages emerged from Blockchain CapitalR...
Bitcoin News / Bitcoinist - 1 year ago
Although it’s been almost eight months, the collapse of the crypto exchange FTX continues to leave behind drama in its wake. The latest by-product is how some of the largest VC firms have been recently pulled into the mess. According to a rece...
Bitcoin News / Bitcoinist - 1 year ago
Attorneys for Elon Musk contended at the start of the week that the extended legal feud between the billionaire and a faction of dissatisfied Dogecoin backers has persisted excessively. In a submission to a federal court in New York, Musk’s le...
Bitcoin News / Bitcoinist - 1 year ago
The South Korean Police have arrested Jinwook Shin, CEO of South Korea-based crypto exchange Bitsonic, who is being investigated for stealing $7.5 million of users’ funds. According to Chosun Biz, a local news outlet, Shin’s arrest happened on...
Bitcoin News / Bitcoinist - 1 year ago
Crypto users in the United States have been served another blow as Bitstamp officially terminates US customers’ access to trade several tokens on its platform following the US Securities and Exchange Commission’s (SEC) rampage on the crypto ind...
Bitcoin News / Bitcoinist - 1 year ago
Galaxy Digital CEO Mike Novogratz drew parallels between the crypto industry’s resilience and a chart-topping song from the late 1990s in an earnings call Tuesday. The executive reflected on the challenges and advancements the company has enco...
Bitcoin News / Bitcoinist - 1 year ago
Marathon Digital, one of the largest Bitcoin miners, has announced a net loss of $21.3 million for the second quarter of the year. Bitcoin Mining Company Marathon Digital Made $81.8 Million In Q2 Revenue In a new press release, Marathon Digital has r...
Bitcoin News / Bitcoinist - 1 year ago
According to a recent report, Microsoft continues doubling its interest in blockchain technology; the tech giant partnered with Aptos Labs. The partners will build an AI-based tool called Aptos Assistance to compete with OpenAI’s ChatGPT. ChatGPT Ki...
Bitcoin News / Bitcoinist - 1 year ago
In a recent conversation with Bloomberg, David Rubenstein, co-founder and co-CEO of the Carlyle Group, a private equity behemoth with assets under management exceeding $385 billion, weighed in on the future of Bitcoin (BTC). His comments come at a ti...
Bitcoin News / Bitcoinist - 1 year ago
After the $70 million hack at Curve Finance, a new initiative spearheaded by a group of like-minded people called SEAL 911 emerged. Together, they are working to prevent the widespread harm that could result from DeFi security holes and cybercriminal...
Bitcoin News / Bitcoinist - 1 year ago
Binance, the world’s largest cryptocurrency exchange by trading volume, has recorded another significant milestone as it becomes licensed to render cryptocurrency services in El Salvador. Leading The Charge For Global Crypto Adoption Binance has beco...
Bitcoin News / Bitcoinist - 1 year ago
The US Federal Reserve Board is increasing its oversight of banks and all of their activities involving crypto. This has led to the creation of a new program that would allow for increased monitoring from the Fed over these banks. Addressing Risks As...
Bitcoin News / Bitcoinist - 1 year ago
In a move that has sent ripples through the Shiba Inu community, Puppynet, the beta testnet for Shibarium, has seen a complete transaction freeze over the past 96 hours, as per the latest data from Puppyscan. This unexpected halt in activity, which b...
Bitcoin News / Bitcoinist - 1 year ago
In a significant development surrounding the failed cryptocurrency exchange FTX, Ryan Salame, the former co-chief executive of FTX Digital Markets, is reportedly negotiating with federal prosecutors to plead guilty to criminal charges. According to...
Bitcoin News / Bitcoinist - 1 year ago
The U.S. Department of Justice (DOJ) has announced its intention to pursue a campaign finance-related charge against Sam Bankman-Fried, the founder of FTX, despite previously dropping the charge last month. FTX Founder’s Campaign Finance Trial...
Bitcoin News / Bitcoinist - 1 year ago
Coinbase, the largest cryptocurrency exchange in the United States, has offered to buy back some of its $1 billion bonds from investors. The crypto company intends to repurchase up to 15% ($150 million) of the $1 billion bonds at a premium price. Coi...
