Bitcoin News / Bitcoinist - 1 year ago
Today, the Fantom Foundation addressed its community on the multi-million dollar exploit on Multichain, acknowledging the difficult situations of its network users, token holders, and liquidity providers (LPs). While awaiting “guidance” and an offic...
Bitcoin News / Bitcoinist - 1 year ago
The European Banking Authority (EBA) has released a statement today calling for early preparation in adopting the Markets in Crypto Assets (MiCA) regulations. Back in May, the European Council approved the newly formed MiCA regulations, becoming the...
Bitcoin News / Bitcoinist - 1 year ago
The crypto industry is known for being subject to prey from various criminals, but new data suggests that the pattern may be shifting in a positive direction. Crypto criminals seem to have been taking it a bit easy so far this year. According to Chai...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows that Bitcoin HODLers have continued to buy more of the asset recently, despite the price hitting stagnation. Bitcoin HODLers Continue To Show Strong Accumulation Behavior According to data from the on-chain analytics firm Glassnod...
Bitcoin News / Bitcoinist - 1 year ago
The State Duma, the lower chamber of the Federal Assembly of the Russian Federation, passed the digital ruble bill also known as Russia’s central bank digital currency (CBDC) in its third reading on July 11, 2023. This move brings the digital r...
Bitcoin News / Bitcoinist - 1 year ago
The top financial regulator in South Korea has now mandated crypto-related companies to be more detailed in their financial statements. The new rule, which will kick off in January 2024, aims to boost transparency in crypto disclosures. The South Ko...
Bitcoin News / Bitcoinist - 1 year ago
ARK Invest, the pro-Bitcoin investment firm led by Cathie Wood, has sold a portion of its COIN holdings – a NASDAQ-traded stock of Coinbase, a cryptocurrency exchange. Ark Invest Sells Coinbase Shares On July 11, Bloomberg data showed that ARK...
Bitcoin News / Bitcoinist - 1 year ago
The contraction phase of the cryptocurrency market cycle appears to be coming to an end. Led by a recovery in Bitcoin, renewed optimism in the digital asset space is driving a resurgence in a variety of sub-sectors of the crypto industry. In categori...
Bitcoin News / Bitcoinist - 1 year ago
FTX, the insolvent cryptocurrency exchange, encountered a setback as its newly launched customer claims portal unexpectedly went offline shortly after its debut. The portal, aimed at facilitating the submission of proof-of-claims by FTX creditors, d...
Bitcoin News / Bitcoinist - 1 year ago
In an effort to enhance the adoption of the Central Bank Digital Currency (CBDC) and explore the potential of digital currencies, the Reserve Bank of India (RBI) has urged more lenders to participate in digital currency pilot programs. With trials o...
Bitcoin News / Bitcoinist - 1 year ago
A bullish divergence may be forming for both Bitcoin and Ethereum if the data of this on-chain indicator is anything to go by. Bitcoin & Ethereum Net Realized Profit/Loss Has Turned Negative Recently According to data from the on-chain analytics...
Bitcoin News / Bitcoinist - 1 year ago
A hacker has been charged by a New York prosecutor for exploiting a decentralized exchange (DEX) on the Solana blockchain. The individual in question is currently facing legal consequences for allegedly taking undue advantage of vulnerabilities in th...
Bitcoin News / Bitcoinist - 1 year ago
submitted by /u/user260421 [link] [comments]
Bitcoin News / Bitcoinist - 1 year ago
Crypto tax laws have taken a positive turn as United States Senate Financial Services Committee Chair Ron Wyden and ranking member Mike Crapo recently published an open letter aimed at soliciting feedback from the digital asset community regarding th...
Bitcoin News / Bitcoinist - 1 year ago
Ripple and the XRP community were eagerly awaiting the ruling in the LBRY case yesterday. In a court decision issued on Tuesday, July 11, the case between the Securities and Exchange Commission (SEC) and decentralized content sharing platform LBRY In...
Bitcoin News / Bitcoinist - 1 year ago
Stand-up comedy legend Louis CK is making cracks at the expense of crypto Twitter, claiming that only Bitcoin isn’t a “scam”. Find out if the funny man is serious, making a joke, or simply stirring the pot. Also, learn why CK could be holding crypto...
Bitcoin News / Bitcoinist - 1 year ago
Roger Thomas Clark, also known as “Plural of Mongoose,” “Variety Jones,” “VJ,” and “cimon,” has been sentenced to 20 years in prison for his role as the top adviser to Ross Ulbricht, the owner and opera...
Bitcoin News / Bitcoinist - 1 year ago
The Grayscale Bitcoin Trust (GBTC) has been on an uncertain journey over the last year as crypto headwinds have fluctuated. This was a result of the uncertainty triggered by the Genesis Trading bankruptcy, a company under the same Digital Currency Gr...
Bitcoin News / Bitcoinist - 1 year ago
The NEAR cryptocurrency’s hit in price seems to have made its way to the NEAR Foundation’s treasury. According to the foundation behind NEAR’s layer-1 blockchain, it saw a $200 million decline in its treasury at the end of the secon...
Bitcoin News / Bitcoinist - 1 year ago
On July 10, a lender extended a $35,000 loan to an individual using a Patek Philippe watch as collateral via Arcade, a decentralized lending platform, with the watch being verified and held in escrow by the 4K Protocol. Patek Philippe watches are con...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin (BTC), the leading cryptocurrency, has been experiencing a resurgence in the crypto market, marked by bullish reversals across the board. Amidst this market activity, Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,”...
Bitcoin News / Bitcoinist - 1 year ago
Algorand’s largest DeFi protocol, Algofi, has announced it will be shutting down in the coming months. According to a blog post by Algofi, the decision to decommission its platform is due to a “confluence of events,” which has made it impossible to m...
Bitcoin News / Bitcoinist - 1 year ago
The CBDC quest has continued soaring as many countries move to launch it. According to a CBDC tracker, Atlantic Council, 130 countries are exploring CBDC, while 19 countries out of the G20 are in an advanced stage. But while these countries are still...
Bitcoin News / Bitcoinist - 1 year ago
Amid the current uncertainty in the crypto and NFT market, a Morrocan man who created a forged version of the OpenSea digital marketplace has fallen into the hands of the US prosecutors. Earlier today, the authorities filed charges against Soufiane...
Bitcoin News / Bitcoinist - 1 year ago
Blockchain developer, Pedro Magalhães has started a conversation by making assertions about the source code of Brazil’s Central Bank Digital Currency (CBDC) pilot. Magalhães shed light on its underlying architecture, providing insights into its...
