Bitcoin News / Bitcoinist - 2 years ago
BitBNS is an India-based crypto exchange that got compromised on February 1, 2022. But the incident came to light following ZachXBT, a crypto on-chain detective company, uncovered the incident on Wednesday. Gaurav Dahake, the founder of the exchange,...
Bitcoin News / Bitcoinist - 2 years ago
The crypto market continues to lurch from the recent Silvergate crisis. Most recently, the crypto-focused bank, Silvergate, had delayed filing its annual 10-K report with the Securities and Exchange Commission (SEC), which has aggravated its downfall...
Bitcoin News / Bitcoinist - 2 years ago
Silvergate shares experienced a significant decline of nearly 60% on Thursday due to both business partners and investors leaving abruptly to avoid financial instability. The drop was the largest ever seen for Silvergate.
On Wednesday, Silvergate an...
Bitcoin News / Bitcoinist - 2 years ago
Crypto lender firm Celsius has announced that customers can now withdraw their assets from its platform eight months after the company filed for bankruptcy. According to an official tweet on March 2, withdrawals are now available, albeit for certain...
Bitcoin News / Bitcoinist - 2 years ago
HSBC and Nationwide Building Society have become the latest major banks in the United Kingdom to impose a ban on their customers’ crypto purchases, according to Bloomberg.
The move follows a notice from British regulator Financial Conduct Auth...
Bitcoin News / Bitcoinist - 2 years ago
Stuart Alderoty, the chief legal officer (CLO) of Ripple Labs, has revealed in a new interview that the fintech company will immediately appeal if judge Analisa Torres grants summary judgment in favor of the US Securities and Exchange Commission (SEC...
Bitcoin News / Bitcoinist - 2 years ago
Is the Miami narrative around crypto dead and gone? Bear market conditions have certainly trimmed dialogue around the most crypto-friendly markets in the US, but one new report suggests that it’s not all doom and gloom.
Miami’s once domin...
Bitcoin News / Bitcoinist - 2 years ago
Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), continues to crack down on the crypto industry. In an investor advisory committee, the SEC Chair declared that lending platforms and crypto exchanges operate “investment adv...
Bitcoin News / Bitcoinist - 2 years ago
Cycle expert Bob Loukas recently shared a long-term look at Bitcoin which suggests that the top cryptocurrency is ready for another bullish trend. However, an equity-driven “roadblock” remains in the way.
In this post, we’ll explain...
Bitcoin News / Bitcoinist - 2 years ago
Jack Dorsey, CEO at Block, announced a new Bitcoin Lightning Network (LN) service provider called “C=.” According to an official announcement, the new service is part of the TBD initiative, which aims to create a suite of BTC-based tools to give user...
Bitcoin News / Bitcoinist - 2 years ago
Cryptocurrency exchange Coinbase recently announced the end of its relationship with California-based crypto-friendly bank Silvergate. The exchange has stated that it will no longer accept or initiate payments to or from the bank.
Coinbase has menti...
Bitcoin News / Bitcoinist - 2 years ago
Hacking is no longer new in the crypto space. The industry has seen many incidents since its inception and even recorded more during the 2022 crypto winter, especially in the DeFi Sector. Yahoo Finance said the crypto sector lost almost $50 billion l...
Bitcoin News / Bitcoinist - 2 years ago
Despite poor market conditions, Dogecoin has managed to maintain its appeal. This cryptocurrency with a canine motif has continued to beat the odds and impress investors, with no indications of slowing adoption.
On March 1st, Coins.ph, a prominent cr...
Bitcoin News / Bitcoinist - 2 years ago
Over the past months, artificial intelligence (AI) has been the new trend following the massive blow-up of the AI-powered chatbot, ChatGPT. The bot has created a great spotlight for the AI industry allowing most AI-related products to blow up almost...
Bitcoin News / Bitcoinist - 2 years ago
Binance, the world’s largest crypto exchange, is reportedly trying to secure cryptocurrency services in Singapore again. The custodial arm of the exchange plans to apply for a permit in order to start providing crypto services in Singapore.
Alt...
Bitcoin News / Bitcoinist - 2 years ago
Dennis Porter, CEO and co-founder of Satoshi Act Fund, shared a shocking breaking news via Twitter today that can be understood as a massive attack on Bitcoin in the United States of America. Porter wrote that the state of South Dakota is trying to p...
Bitcoin News / Bitcoinist - 2 years ago
Megawide Industries, owned by Filipino business magnate Edgar Saavedra, is making a foray into the AI and data center industry with a $300 million co-location center development in Cavite, just outside the country’s capital city of Manila, in c...
Bitcoin News / Bitcoinist - 2 years ago
The Reserve Bank of Australia (RBA) published a report on Wednesday outlining its selected use case proposals of a central bank digital currency (CBDC) alongside their respective providers. This report serves as a follow-up to a collaborative researc...
Bitcoin News / Bitcoinist - 2 years ago
The Shiba Inu price could continue to face heavy selling pressure within the coming weeks as bankrupt cryptocurrency lender Voyager Digital keeps transferring large amounts of cryptocurrencies to Coinbase, likely to cash them out. Voyager currently s...
Bitcoin News / Bitcoinist - 2 years ago
There are few things as thrilling in the world of cryptocurrencies as a new altcoin project that gets the cryptosphere’s attention.
Kaspa (KAS), ranked 188th by market capitalization, is one such project making headlines. Despite being a lesser...
Bitcoin News / Bitcoinist - 2 years ago
Recent comments from SEC chair Gary Gensler suggest that Bitcoin is the only crypto asset that isn’t a security. Yet for whatever reason, the TOTAL crypto market cap chart is giving a bullish signal, while the BTCUSD chart remains decidedly bearish. ...
Bitcoin News / Bitcoinist - 2 years ago
Over the last week, cryptocurrencies in the market have seen a decline as momentum slowed down, but there are some meme coins that have been able to hold onto a good portion of their gains during this time. These meme coins have continued to perform...
Bitcoin News / Bitcoinist - 2 years ago
In an interview with Bloomberg, Coinbase co-founder and Chief Executive Officer (CEO) Brian Armstrong addressed the current regulatory approach enforced by the U.S. government. The CEO of the U.S.-based exchange has reiterated that “stakingR...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin has always been known to be anonymous with its transactions, therefore, making it difficult to trace. But how difficult is it to trace a Bitcoin transaction compared to a Monero transaction? Cybersecurity author Andy Greenberg reveals this in...
Bitcoin News / Bitcoinist - 2 years ago
Popular U.S. based trading platform Robinhood launched its crypto wallet on the Apple Store with support for Shiba Inu (SHIB), and the second-layer solution Polygon (MATIC). The self-custody wallet has been “already downloaded in over 130 countries,”...