Bitcoin News / Bitcoinist - 2 years ago
According to a press release shared with Bitcoinist, payment company Ripple became the newest sponsor for the “Fintech at Cornell” initiative. Launched by the Cornell SC Johnson College of Business, the initiative seeks to “encourage” innovation in t...
Bitcoin News / Bitcoinist - 2 years ago
Polygon MATIC is soaring today, with a price gain of 11.31% in 24 hours. Its market cap and trading volume have also spiked by 11.46% and 18.39%, respectively, showing increased utility and activity with the token. The gains are not surprising, give...
Bitcoin News / Bitcoinist - 2 years ago
In recent years, manipulation and hack attacks in the crypto sector have increased; for instance, Mango Markets was one of the networks exploited in 2022, leading to a loss of $117 million. After the hack, the network recovered $67 million from the a...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the crypto futures market has observed around $212 million in liquidations during the past day as Bitcoin has surged above $24,000. Crypto Liquidations Measure About $212 million In Last 24 Hours, 88% Shorts To open any contract on the cry...
Bitcoin News / Bitcoinist - 2 years ago
Already enthusiastic on Bitcoin price and other cryptos, venture capitalists predict the alpha coin will reach $500,000 in 2024. One of them is the CEO of Galaxy Digital Holdings, Mike Novogratz, who believes that before Bitcoin reaches the coveted h...
Bitcoin News / Bitcoinist - 2 years ago
Taurus has seen significant growth in recent years, expanding its client base to institutional investors, family offices, and other financial service providers. In addition, the crypto firm just completed a funding round, raising $65 million. Two maj...
Bitcoin News / Bitcoinist - 2 years ago
Investors of the now-bankrupt cryptocurrency exchange, FTX, have taken legal actions against venture capitalists and equity firms that supported the crypto exchange. The FTX users allege that these equity firms falsely promoted the legitimacy of FTX....
Bitcoin News / Bitcoinist - 2 years ago
Berkshire Hathaway Vice Chairman Charlie Munger doesn’t really pull any punches when it comes to crypto. In fact, he has been very vocal about it for some time. This billionaire just hates it. Bitcoin is “disgusting” and “contrary to the...
Bitcoin News / Bitcoinist - 2 years ago
Bankrupt brokerage firm Voyager is currently causing a stir in the Shiba Inu community again. As blockchain security firm PeckShield reports, Voyager recently sent 250 billion Shiba Inu tokens worth $3.4 million to Coinbase. In total, Voyager has tra...
Bitcoin News / Bitcoinist - 2 years ago
It appears now that the gaming days of Sam Bankman-Fried may soon be over. This, as U.S. prosecutors press for stricter restrictions on the former FTX CEO’s use of electronic devices. A federal judge imposed a fresh bail limitation on SBF on Tu...
Bitcoin News / Bitcoinist - 2 years ago
Although all documents have already been submitted in the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) and all eyes are now on Judge Analisa Torres’ decision, there has been a new motion with a potentia...
Bitcoin News / Bitcoinist - 2 years ago
Arbitrum, an Ethereum Layer 2 protocol, has been seeing renewed interest in the market since the year began. The decentralized finance space on the network has been especially fortunate during this time, jumping almost 50% in less than two months. 20...
Bitcoin News / Bitcoinist - 2 years ago
Data charts released by the decentralized finance (DeFi) total value locked (TVL) aggregator DeFiLlama show that the TRON network platform has increased revenues. The data shared by Chinese Reporter Wu Blockchain indicates that the TRON network has d...
Bitcoin News / Bitcoinist - 2 years ago
The crypto industry has expressed concerns as regulatory scrutiny continues to intensify. In today’s news, South Korean financial authorities disclosed plans to examine cryptocurrency staking services in the region. South Korea Follows Suit With SE...
Bitcoin News / Bitcoinist - 2 years ago
The latest crackdown on Binance USD (BUSD) is unlikely to cause any “large structural changes” in the crypto market, according to this report. What BUSD’s Crackdown Means For Wider Crypto Market A couple of days back, the U.S. Secur...
Bitcoin News / Bitcoinist - 2 years ago
Crypto hacks and scams have become prevalent, and cryptocurrency platforms must be one step ahead to arrest the situation. In a recent report, Binance and Huobi announced the seizure of $1.4 million in crypto funds related to the June 2022 Harmony br...
Bitcoin News / Bitcoinist - 2 years ago
According to researchers at the U.S. investment firm Morgan Stanley, stablecoin instruments may be able to compete with conventional banking systems, and its dropping market capitalization signals a decrease in cryptocurrency liquidity and leverage....
Bitcoin News / Bitcoinist - 2 years ago
The crypto community is still reeling with fear, doubt, and uncertainty (FUD) from the latest regulatory tension in the industry since U.S. regulators have taken enforcement actions on some crypto firms. Firstly, the Securities and Exchange Commissi...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin spot trading volume has remained stable in the past week, but Binance’s dominance of it has grown further. Binance’s Bitcoin Trading Volume Dominance Is Around 96% According to the latest weekly report from Arcane R...
Bitcoin News / Bitcoinist - 2 years ago
US prosecutors have confirmed that Sam Bankman-Fried (SBF), founder of collapsed crypto exchange platform FTX, has been accessing the internet with a VPN. This is prompting further tightening of his bail terms. On February 13th, U.S. attorney Daniell...
Bitcoin News / Bitcoinist - 2 years ago
Many crypto firms are now restructuring to improve results after the 2022 crypto winter. For instance, Magic Eden and Coinbase laid off staff to cushion the effects of the crypto winter. Other firms that have also restructured operations include Cryp...
Bitcoin News / Bitcoinist - 2 years ago
Elon Musk announced in December of last year that he will step down as CEO of Twitter once a replacement is found, but will continue to operate some important divisions of the popular social media network. He tweeted at the time that he would quit as...
Bitcoin News / Bitcoinist - 2 years ago
Ripple announced today that it will join other crypto industry companies in providing funds for earthquake victims in Turkey and Syria. In a tweet, Ripple wrote that it will provide $1 million in XRP to support NGOs. The company, which is awaiting th...
Bitcoin News / Bitcoinist - 2 years ago
Through his tweet today, Messari analyst Tom Dunleavy singled out Polygon as a top-performing crypto asset and further described traits that set the cryptocurrency for further growth. The Rise Of Polygon In Business Use Cases Dunleavy first said the...
Bitcoin News / Bitcoinist - 2 years ago
Elon Musk, who is still searching for a new Twitter CEO, jokingly introduced a dog as Twitter’s new CEO, sending the prices of Dogecoin, Shiba Inu and Floki soaring. At press time, all three meme coins saw significant price appreciation, with D...
