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...
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 whaleâs 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 TimiČoara. 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...
