Bitcoin News / Bitcoinist - 2 years ago
Vitalik Buterin, co-founder of Ethereum, has shown his kindness and support for individuals affected by the recent earthquake in Turkey and Syria by making a sizeable donation. According to numerous news sources, Buterin gave approximately $150,000 w...
Bitcoin News / Bitcoinist - 2 years ago
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Bitcoin News / Bitcoinist - 2 years ago
Last November, Facebook’s parent company, Meta, undertook its largest-ever downsizing, laying off more than 11,000 employees. It appears, however, that other staff will soon be given the pink slip. The Financial Times reported on Saturday that...
Bitcoin News / Bitcoinist - 2 years ago
E-commerce giant Shopify has launched its new blockchain suite of products for merchants. This development is expected to improve user experience on web3-based stores hosted on Shopify. In addition, merchants can utilize token gating and leverage new...
Bitcoin News / Bitcoinist - 2 years ago
If you got no date or nothing to do on Valentine’s Day, Cardano (ADA) is set to keep the excitement up as it rolls out its SECP mainnet upgrade on February 14 at exactly 21:44 UTC. But first, here’s a quick peek into how Cardano has been...
Bitcoin News / Bitcoinist - 2 years ago
The Russian Federation is looking to launch a crypto-mining facility worth over $12.3 million (900 million rubles) in the coming months. According to a report by local Russian media, RBC, this massive data processing center will be located in Buryati...
Bitcoin News / Bitcoinist - 2 years ago
Bitzlato, a well-known cryptocurrency exchange platform, made headlines after the release of its cofounder, Anton Shkurenko, from brief arrest and questioning. Local authorities took Shkurenko into custody for questioning related to the company’...
Bitcoin News / Bitcoinist - 2 years ago
China has decided to move deeper into blockchain technology after its ban on cryptocurrency transactions in 2021. A recent report from China Daily noted that the country is about to launch a research center for blockchain innovation in Beijing. China...
Bitcoin News / Bitcoinist - 2 years ago
Based on reports from various news outlets, PayPal has apparently decided to abort the launch of its stablecoin that was expected to be unveiled in the upcoming weeks, despite releasing its 2022 fourth quarter ffinancial results on Thursday. Back in...
Bitcoin News / Bitcoinist - 2 years ago
The crypto market suffered in 2022 as many assets fell from their 2021 all-time highs. The bearish trend reduced people’s confidence in digital assets resulting in a panic sell-off of tokens. However, some investors saw the bearish trend as an...
Bitcoin News / Bitcoinist - 2 years ago
Following the settlement reached by Kraken and its subsidiaries Payward Ventures and Payward Trading with the Securities Exchange Commission (SEC) on February 9, covered by Bitcoinist, Commissioner Hester M. Pierce stated in a report that she disagre...
Bitcoin News / Bitcoinist - 2 years ago
The passage of a crypto framework in Mississippi, or the Digital Asset Mining Act, by the state senate on February 8 represents a step forward in the state’s efforts to protect the rights of cryptocurrency miners. On February 9, Documenting Bit...
Bitcoin News / Bitcoinist - 2 years ago
U.S. authorities are cracking down on the crypto industry and seem ready to introduce stricter regulations against the nascent sector. Many predicted and feared what now seems to be materializing. The recent bankruptcy filings and turmoil in the indu...
Bitcoin News / Bitcoinist - 2 years ago
You read that right. There are currently 10,000 ‘Bitcoin CryptoPunks’ that have just finished the process of being minted this week. They are seemingly just as advertised: CryptoPunk NFTs on the Bitcoin blockchain. And yes, we are already...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows the Bitcoin Spent Output Profit Ratio (SOPR) is nearing a retest of a very important line. Will the bulls be able to come out on top? Bitcoin SOPR Again Nears The Bull-Bear Junction Retest As pointed out by an analyst in a CryptoQ...
Bitcoin News / Bitcoinist - 2 years ago
One of the largest cryptocurrency trading exchanges, Huobi, is now considering expanding its services to China. Huobi Chief Justin Sun believes this will be a massive turnaround for the firm in the hopes that China will contribute positively to its g...
Bitcoin News / Bitcoinist - 2 years ago
Blood is spilt as the king of crypto, Bitcoin, staggered and started a cascade of pain for the crypto market. At the time of writing, Bitcoin has gone down 4% in the daily time frame with the biggest loss occurring in the weekly with nearly 8%. The...
Bitcoin News / Bitcoinist - 2 years ago
BUSD and USDP issuer Paxos have come under New York regulators’ radar. Although there is no specific reason for the investigation, reports revealed that the New York Department of Financial Services (NYDFS) launched a probe into Paxos’ operatio...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin market sentiment has declined to neutral today as the price of the asset has dropped below the $22,000 level. Bitcoin Fear And Greed Index Now Points At “Neutral” Sentiment The “fear and greed index” is...
Bitcoin News / Bitcoinist - 2 years ago
Yesterday’s news revolving around the U.S. Securities and Exchange Commission’s enforcement action against Kraken has once again flushed great uncertainty into the crypto market, but Ripple CEO Brad Garlinghouse has pointed to the positiv...
Bitcoin News / Bitcoinist - 2 years ago
Blockchain tokenization has gained more traction in the financial industry recently. It allows people to convert their ownership rights or assets into digital forms to secure them. In the latest development, the German generational bank DekaBank reve...
Bitcoin News / Bitcoinist - 2 years ago
Polygon has been on a roll lately with internal developments driving MATIC’s price upwards, regaining the token’s November 2022 levels and giving confidence to investors. Ali Martinez, a veteran analyst in the crypto space, recently noted the huge de...
Bitcoin News / Bitcoinist - 2 years ago
Many mining firms, such as Argo Blockchain, have felt the impact of the decline in bitcoin prices. For some firms, their rigs could not cover their loan collaterals. So it’s not surprising that mining firms might feel the impact of last year...
Bitcoin News / Bitcoinist - 2 years ago
In a highly controversial move, the U.S. Securities and Exchange Commission (SEC) fined crypto exchange Kraken $30 million yesterday and forced it to shut down its staking product. In a Thursday announcement, the regulator disclosed that Kraken had f...
Bitcoin News / Bitcoinist - 2 years ago
Are music NFTs back? An industry ripe for disruption has often been cited as a perfect target for a decentralized player to shake things up. While some platforms have entered the scene, none have yet to prove that they can be an industry powerhouse....
