Bitcoin News / Bitcoinist - 2 years ago
The U.S. Justice Department is investigating the 2022 collapse of the TerraUSD stablecoin and is considering bringing criminal charges against the coin’s creator, Do Kwon, as reported by the Wall Street Journal. The move comes after the U.S. Se...
Bitcoin News / Bitcoinist - 2 years ago
The past week was eventful in the Bitcoin and crypto market, as three top banks collapsed, triggering a crash in the prices of digital assets. Thankfully, the market saw a reversal following the Fed’s announcement of supporting banks with $25 b...
Bitcoin News / Bitcoinist - 2 years ago
Singapore’s Bybit and Formula One team Oracle Red Bull Racing (RBR) have announced the launch of their joint e-sports program, Bybit Performance Accelerator. The program is designed to boost the performance of elite e-athletes participating in inter...
Bitcoin News / Bitcoinist - 2 years ago
The popular crypto exchange Coinbase has risen to challenge the US Securities and Exchange Commission (SEC) over its sporadic enforcement actions against crucial industry players. The firm believes that the SEC should focus on essential aspects of it...
Bitcoin News / Bitcoinist - 2 years ago
Cryptocurrency exchange, Binance, is introducing its prepaid card in Colombia, which aims at extending its scope in the Latam region. Colombia marks the third country in Latin America (Latam) to have the Binance prepaid card in the area owing to the...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin, the digital currency that has disrupted traditional finance, has been endorsed by none other than Robert Kiyosaki, the celebrated author of personal finance books. In a cautionary tale about government bailouts, Kiyosaki has urged people to...
Bitcoin News / Bitcoinist - 2 years ago
The release of new live views of Shiba Inu’s Metaverse at the South by Southwest (SXSW) festival in Austin, Texas, have generated a lot of excitement in the SHIB community. As Bitcoinist reported yesterday, detailed video views of the WAGMI Tem...
Bitcoin News / Bitcoinist - 2 years ago
Meta, the parent company of social media giants Instagram and Facebook, has announced that it will be discontinuing its integration of non-fungible tokens (NFTs) on its platforms. On Monday, the head of commerce and financial services at Meta, Stepha...
Bitcoin News / Bitcoinist - 2 years ago
Several Ripple executives have spoken out about the banking crisis in the United States. The company itself has been affected by the collapse of Silicon Valley Bank (SVB). As Ripple CEO Brad Garlinghouse clarified on Sunday, the company is affected &...
Bitcoin News / Bitcoinist - 2 years ago
The recent banking crisis in the U.S., which resulted in losing three crypto-friendly banks, Silvergate Capital, Silicon Valley Bank, and Signature Bank, has raised concerns among U.S.-based firms. Amidst the alarms of the wavering crisis, crypto fi...
Bitcoin News / Bitcoinist - 2 years ago
Signature Bank, another major crypto-friendly institution, was shut down by regulators on Sunday. The New York financial institution, with a large lending business in the crypto industry, was caught in the “crossfire” of regulators to pre...
Bitcoin News / Bitcoinist - 2 years ago
Data shows a Solana whale has deposited $10.2 million in SOL to the crypto exchange Coinbase as the asset’s price has risen by 16% today. Solana Whale Transfers $10.2 Million In SOL To Coinbase As per data from the cryptocurrency transaction tr...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin price is currently soaring, climbing more than 20% since last Friday. The rally could be due to a brand new bull narrative that’s possibly brewing: using BTC to beat bank runs – a situation unfolding across the United States currently....
Bitcoin News / Bitcoinist - 2 years ago
The collapse of three top US crypto-friendly banks have stirred reactions in the crypto community as some top players like Coinbase consider adding banking feature to their services. One of the banks to fall into the death trap is Silicon Valley Bank...
Bitcoin News / Bitcoinist - 2 years ago
The decentralized finance (DeFi) sector recorded massive losses in 2022. While many expected a different story in 2023, bad actors have continued their game of exploiting DeFi. Some days back, Hedera revealed a loss of liquidity pools tokens when a h...
Bitcoin News / Bitcoinist - 2 years ago
The United States which has always been the world’s second leading country in technology after Japan is about to step down to lose its race as a leader in cryptocurrency innovation and technology. Over the past years, the US has been keen on regulati...
Bitcoin News / Bitcoinist - 2 years ago
In the wake of the Silicon Valley Bank collapse, Ripple CEO Brad Garlinghouse has assured investors that the company is in a strong financial position. There have been several cases of shuttered banks this month, which has affected many crypto firms...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the crypto futures liquidations have hit $238 million during the last 24 hours as Bitcoin has observed an uplift of 10%. Bitcoin Liquidations Reach $238 million Whenever an investor opens a futures contract on any derivative exchange, they...
Bitcoin News / Bitcoinist - 2 years ago
Nissan, a Japanese automotive brand, has made several developments in its brands over the years. It also aims to change the narratives of automobiles in the coming years. To embrace the future of technology and commerce, Nissan has filed four new web...
Bitcoin News / Bitcoinist - 2 years ago
The Shiba Inu Metaverse is the most highly anticipated project on Shibarium, the layer 2 technology from Shiba Inu, which saw its official beta launch on Saturday. And during the South by Southwest (SXSW) festival, the developers debuted an in-depth...
Bitcoin News / Bitcoinist - 2 years ago
HSBC UK, the ring-fenced subsidiary of HSBC, has acquired Silicon Valley Bank UK for £1 ($1.21), according to a latest filing. In a statement from the Treasury, it said the Bank of England oversaw the transaction with consultation from the UK Treasur...
Bitcoin News / Bitcoinist - 2 years ago
The Bitcoin and crypto markets are once again facing an extremely important week, which will be shaped not only by macro data, but also by the brewing US banking crisis. While at the beginning of last week the odds of a Fed rate hike of 50 basis poin...
Bitcoin News / Bitcoinist - 2 years ago
In an effort to avoid the spread of the banking meltdown, authorities have announced the closure of another crypto-friendly bank – New York-based Signature Bank – dealing a severe blow to the crypto industry. State regulators pulled the p...
Bitcoin News / Bitcoinist - 2 years ago
The financial sector has endured a few chaotic days. In particular, for USDC stablecoin and Silicon Valley Bank and its stakeholders, since the lender swung from being presumed robust and profitable to being shut down by authorities in less than 48 h...
Bitcoin News / Bitcoinist - 2 years ago
The number of Shiba Inu tokens held by large investors, or “whales,” dropped significantly on March 11, the day of the eagerly awaited public beta launch of Shibarium, also known as PuppyNet. Finally, after much anticipation, Shiba Inu...
