Bitcoin News / Bitcoin.com - 2 years ago
NYU Professor Nouriel Roubini, aka Dr. Doom, has warned that “99.99% of crypto is a scam, a criminal activity, a total real-bubble Ponzi scheme that is going bust.” He advised investors to “absolutely stay away&#x...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. INTERNET CITY, DUBAI, Jan 19, 2023 – LBank Exchange, a global digital asset trading platform, has listed CPCoin (CPC) on January 19, 2023. For all users of LBank Exchange, the CPC/USDT trading pair is now officially available fo...
Bitcoin News / Bitcoin.com - 2 years ago
The World Economic Forum (WEF) has announced the rollout of the Global Collaboration Village, its own metaverse platform, for this year. Klaus Schwab, chairman of the WEF, plans to leverage this representation of Davos to allow people and leaders to...
Bitcoin News / Bitcoin.com - 2 years ago
The decentralized exchange aggregation service 1inch Network has announced the launch of a cold storage hardware wallet. The team notes that the project is in its final stages of development. The hardware wallet, expected to go on sale later this yea...
Bitcoin News / Bitcoin.com - 2 years ago
Following recent disclosure that FTX debtors and bankruptcy administrators located $5.5 billion in liquid assets, the new FTX CEO John J. Ray III discussed the business in his first interview since taking over the exchange’s restructuring proce...
Bitcoin News / Bitcoin.com - 2 years ago
Spacewalkers, a gaming studio, is revolutionizing the way that investors can participate in the profits of their projects. The company is releasing a series of games and offering the opportunity for anyone to invest in them through the use of blockch...
Bitcoin News / Bitcoin.com - 2 years ago
Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital curr...
Bitcoin News / Bitcoin.com - 2 years ago
Meme coins moved lower on Jan. 19, as cryptocurrency markets plunged following recent highs. Shiba inu, which rose to a nine-week high on Wednesday, fell by nearly 10% today. Markets have been largely overbought in the past few days, with bears seemi...
Bitcoin News / Bitcoin.com - 2 years ago
After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, said the kingdom is open to trading in currencies other than the U.S. dollar. The statements follow China’s president, Xi Jinpi...
Bitcoin News / Bitcoin.com - 2 years ago
Ethereum fell lower on Thursday, as cryptocurrency markets continued to react to the latest U.S. retail sales figures. Sales in the United States fell by more than expected, coming in 1.1% lower in December. Bitcoin also declined in today’s se...
Bitcoin News / Bitcoin.com - 2 years ago
Ukraine will become the world’s best jurisdiction for crypto assets, the minister overseeing the country’s digital transformation promised. Speaking with media at the World Economic Forum in Davos, Mykhailo Fedorov praised the support from the crypto...
Bitcoin News / Bitcoin.com - 2 years ago
2022 was one of the roughest years in the crypto industry, which saw the collapse of Terra LUNA, Celsius, and FTX, consequently wiping out over $2 trillion from the crypto market. However, the dark horse in the face of these ugly events was the crypt...
Bitcoin News / Bitcoin.com - 2 years ago
The East African Community (EAC) will decide during the course of the year 2023 when and where it will locate the envisioned regional central bank, the regional intergovernmental organization’s Peter Mathuki has reportedly said. The setting up...
Bitcoin News / Bitcoin.com - 2 years ago
The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for the potential launch of a digital euro. Meanwhile, the single currency area’s monetary authority sought to reassure future users that the ne...
Bitcoin News / Bitcoin.com - 2 years ago
The Securities and Exchange Commission (SEC) of Thailand has issued new regulations on custodied cryptocurrencies. Companies offering crypto custody services are now required to “establish a digital wallet management system to accommodate effic...
Bitcoin News / Bitcoin.com - 2 years ago
South Korea’s financial regulator is developing new tools to regularly monitor crypto risks. The regulator warned that while the impact of the crypto market on the traditional financial system is still low, the risks posed by crypto to the coun...
Bitcoin News / Bitcoin.com - 2 years ago
Japan has reportedly urged other countries, including the U.S., to regulate crypto exchanges like they do banks. A top official at the Financial Services Agency explained that the recent FTX implosion wasn’t brought on by crypto technology but...
Bitcoin News / Bitcoin.com - 2 years ago
While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the network’s average and median-sized gas fees have increased by more than 50%. On the first day of 2023, t...
Bitcoin News / Bitcoin.com - 2 years ago
Cryptocurrency exchange Bitzlato, better known to the Russian-speaking segment of the market, has been taken down as part of an “international cryptocurrency enforcement action,” the U.S. Justice Department announced. The Russia...
Bitcoin News / Bitcoin.com - 2 years ago
The Egyptian central bank recently claimed that its decision to devalue the local currency has been vindicated by foreign investors’ return to the country’s foreign market where they reportedly poured in $925 million in just three days. T...
Bitcoin News / Bitcoin.com - 2 years ago
According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Securities and Exchange Commission (SE...
Bitcoin News / Bitcoin.com - 2 years ago
Following an update from FTX debtors about the $5.5 billion discovered by administrators during an investigation, former FTX CEO Sam Bankman-Fried (SBF) took to Twitter to share a blog post from his Substack newsletter. SBF stated that the presentati...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. 2022 is an extraordinary year for the crypto industry, and it is also a year of struggle for both institutions and users. For CoinEx, 2022 was also a special year – quite a few crypto platforms collapsed overnight, and the panic...
Bitcoin News / Bitcoin.com - 2 years ago
Shiba inu surged to a multi-month high on Wednesday, as the meme coin collided with a key price ceiling. Prices rose by as much as 17% in today’s session, as the global cryptocurrency market cap also trended higher. Polkadot was once again in the gre...
Bitcoin News / Bitcoin.com - 2 years ago
On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators have discovered $5.5 billion of liquid assets to date. Top-level executives, including the new FTX CEO and chief re...
