Bitcoin News / Bitcoinist - 2 years ago
El Salvador wants to waive taxes to spur technology innovations after becoming the first country in the world to make Bitcoin legal tender two years ago.
Spurring Technology Innovation
President Nayib Bukele announced on Friday that he will send a bi...
Bitcoin News / Bitcoinist - 2 years ago
Shibarium, a decentralized layer-2 network for the Shiba Inu ecosystem, started its public beta phase under the name Puppynet a few days ago. Since then, there has been almost daily news about projects and developments based on Shibarium.
One of the...
Bitcoin News / Bitcoinist - 2 years ago
Shiba Inu (SHIB), the popular dog-inspired cryptocurrency, is currently facing a tough time breaking free from its recent slump. According to on-chain data, both a decline in network growth and pressure from long-term holders looking to sell their ho...
Bitcoin News / Bitcoinist - 2 years ago
Crypto fraud has become an issue in the last few years, causing pain and losses for the victims. A 60-year-old woman in Mumbai, India, was duped of $29,243 by a fraudster on a matrimonial website.
The lady retired from a private firm and joined the m...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin (BTC) and other cryptocurrencies sustained a considerable blow as the U.S. Federal Reserve’s decision to raise interest rates resulted in the liquidation of hundreds of millions of dollars from the markets.
The collapse of multiple ban...
Bitcoin News / Bitcoinist - 2 years ago
The US Securities and Exchange Commission (SEC) has filed its response to Ripple Labs’ letters regarding supplemental authority in the Bittner and Voyager cases. As Bitcoinist reported, the Voyager judge found strong words for the unclear regul...
Bitcoin News / Bitcoinist - 2 years ago
Member of the US House of Representatives and Majority Whip Tom Emmer has recently introduced a new bill to provide regulatory clarity for the blockchain and cryptocurrency industry. The bill is called the Blockchain Regulatory Act (BCRA).
According...
Bitcoin News / Bitcoinist - 2 years ago
While many believe the crypto bear market season is the time to build, scammers have always viewed it as otherwise. And according to blockchain analysis firm Chainalysis’s latest reveal, they seem to adapt too often to the state of the market, whethe...
Bitcoin News / Bitcoinist - 2 years ago
Independent Reserve, an Australia-based crypto exchange, has been contemplating exploring opportunities in Hong Kong. The region has been in the limelight due to its all-accepting and friendly licensing regime, which has drawn crypto organizations.
D...
Bitcoin News / Bitcoinist - 2 years ago
The US Securities and Exchange Commission has shifted its target to Coinbase while still in a long-running legal tussle with Ripple. According to the recent report, the exchange received a Wells notice from the SEC, suggesting a looming lawsuit for s...
Bitcoin News / Bitcoinist - 2 years ago
Litecoin (LTC) resisted today’s downtrend with an over 12% price gain within 24 hours. With its performance, LTC emerged as the leading coin among top gainers over the past 24 hours. This price movement comes amid a market-wide downturn after the Fed...
Bitcoin News / Bitcoinist - 2 years ago
Scams have become more prominent in the crypto industry because scammers believe that they’re untraceable when they operate on the blockchain. Over the years, different sectors have seen a rise in the number of scams but a new survey has focused on t...
Bitcoin News / Bitcoinist - 2 years ago
Apart from recently shutting down some banks, regulators closed a crypto firm allegedly conducting illegal businesses. Bitzlato and its founder felt the power of the US Department of Justice when it closed down the exchange for allegedly processing i...
Bitcoin News / Bitcoinist - 2 years ago
A recent study by the United States Treasury revealed that the introduction of central bank digital currency (CBDC) could potentially destabilize the banking sector while also having the potential to boost household welfare.
Before now, US lawmakers...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the crypto futures market has seen liquidations amounting to about $291 million in the last day as Bitcoin has registered sharp volatility.
Crypto Futures Market Has Seen A Large Amount Of Liquidations Today
According to data from CoinGlas...
Bitcoin News / Bitcoinist - 2 years ago
Per a report from Bankless, Terra (LUNA) co-founder Do Kwon was allegedly arrested in the region of Podgorica, Montenegro. South Korean authorities and the International Criminal Police Organization (Interpol) were on the hunt for Kwon for his allege...
Bitcoin News / Bitcoinist - 2 years ago
The Doge father himself, Elon Musk, has breathed new life into the Dogecoin price with a tweet, triggering a 4% spike. The Twitter CEO responded to a popular Dogecoin community member and once again sparked the “Musk effect” for the DOGE...
Bitcoin News / Bitcoinist - 2 years ago
If the US Securities and Exchange Commission’s (SEC) Wells Notice against Coinbase makes anything clear, it’s that the agency is at war with the crypto industry. Coinbase is the poster child for the American crypto industry and has always...
Bitcoin News / Bitcoinist - 2 years ago
If the US Securities and Exchange Commission’s (SEC) Wells Notice against Coinbase makes anything clear, it’s that the agency is at war with the crypto industry. Coinbase is the poster child for the American crypto industry and has always...
Bitcoin News / Bitcoinist - 2 years ago
The Euler Finance exploiter, which held $200 million in stolen funds in its wallet, received an on-chain note on Tuesday from a wallet address linked with the Ronin Bridge attackers, known as the North Korean hacker group Lazarus.
The note includes...
Bitcoin News / Bitcoinist - 2 years ago
The messaging app Telegram has added support for the stablecoin giant USDT on its wallet bot, according to a CoinDesk report. With this integration, users can now buy and sell USDT directly within the app, expanding the app’s cryptocurrency capabilit...
Bitcoin News / Bitcoinist - 2 years ago
The US Securities and Exchange Commission (SEC) has recently announced that it has charged Justin Sun, a prominent crypto entrepreneur, and his three companies- Tron Foundation, BitTorrent, and Rainberry Inc, with allegedly conducting an unregistered...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin has dropped below $27,000 as short-term holders have locked in the highest profits since the November 2021 all-time high.
Bitcoin Short-Term Holder Realized Profit Has Spiked Recently
According to data from the on-chain analytics firm Glassno...
Bitcoin News / Bitcoinist - 2 years ago
The San Francisco-based cryptocurrency exchange, Coinbase, has partnered with Pix, Brazil’s leading electronic payment system. This move has, in turn, expanded the exchange services to the South American country.
Coinbase Partners With Pix
Thi...
Bitcoin News / Bitcoinist - 2 years ago
Crypto.com, a Singapore-based digital exchange, is a one-stop shop with a wide range of products and services for crypto transactions. The exchange, founded in 2016, is among the older platforms with a good reputation in the industry.
Crypto.com has...