Bitcoin News / Bitcoinist - 1 year ago
On July 10, BitOasis, the first crypto exchange to receive an operating license in Dubai, lost its license due to failure to meet mandated conditions. The Dubai crypto regulator Virtual Assets Regulatory Authority (VARA) suspended the license and iss...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data suggests that Polygon adoption has been accelerating as MATIC has enjoyed an increase of 10% during the past day. Polygon Network Growth Has Been Steadily Rising Recently According to data from the on-chain analytics firm Santiment, MAT...
Bitcoin News / Bitcoinist - 1 year ago
In one of the biggest crypto attacks, cross-chain bridge protocol Multichain recently experienced unauthorized withdrawals of millions worth of crypto assets from its repositories. On July 6, 2023, more than $125 million worth of different cryptocur...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the Bitcoin transfer volume has recently reached levels 75% higher than the FTX crash lows as it continues its uptrend. Bitcoin Total Transfer Volume Has Continued To Go Up Recently According to the latest weekly report from Glass...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin transactions have been enabled on the popular videogame Minecraft. The number one cryptocurrency by market cap has seen developments, innovations, and expansion in its ecosystem, and a new partnership could push adoption one step closer to th...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin and other cryptocurrencies have long been a subject of debate and scrutiny within the financial world. Bank of England Governor Andrew Bailey recently added his voice to the conversation, expressing skepticism about their status as true curre...
Bitcoin News / Bitcoinist - 1 year ago
In yet another blow to the decentralized finance (DeFi) sector, Arbitrum based protocol Rodeo Finance has fallen victim to attack, resulting in the loss of approximately 810 Ethereum (ETH), equivalent to $1.5 million. The incident highlights the ongo...
Bitcoin News / Bitcoinist - 1 year ago
Paradigm, a research-driven tech firm, has strongly criticized the United States securities regulator for its misguided pursuit of Bittrex, a crypto exchange, as part of its effort to regulate secondary crypto markets. Paradigm’s special counse...
Bitcoin News / Bitcoinist - 1 year ago
In a recent speech, Bank of England (BOE) Governor, Andrew Bailey, expressed his preference for ‘enhanced digital money’ over crypto and stablecoins. The central bank governor highlighted the importance of the singleness of money and sett...
Bitcoin News / Bitcoinist - 1 year ago
Prometheum, the subject of scrutiny, finds itself under the spotlight as six members of the United States Congress urge the US Securities and Exchange Commission and the Department of Justice to launch investigations into the company. Their concern s...
Bitcoin News / Bitcoinist - 1 year ago
The Financial Conduct Authority (FCA) of Britain has recently once again undertaken a crackdown on illegal crypto machines operating across the country. With a firm warning to consumers about the potential loss of their funds, the FCA has shut down a...
Bitcoin News / Bitcoinist - 1 year ago
CBDC, short for central bank digital currency, has garnered significant interest from a majority of central banks, as indicated by a recent survey conducted by the Bank of International Settlements (BIS). The survey reveals a strong inclination among...
Bitcoin News / Bitcoinist - 1 year ago
In the legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), anticipation has reached fever pitch as the community eagerly awaits a ruling. Already 931 days ago, the SEC filed its lawsuit against Ripple Labs and its execu...
Bitcoin News / Bitcoinist - 1 year ago
Ethereum is currently the largest proof of stake (P0S) network after transitioning from a proof of work (PoW) mechanism late last year. This means that the network now uses validators to carry out transactions as opposed to miners using energy-intens...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows that the Bitcoin exchange whale ratio has declined to the lowest value since 2018. Here’s what this may mean for the asset. Bitcoin Exchange Whale Ratio (14-Day SMA) Has Plunged Recently As an analyst in a CryptoQuant post p...
Bitcoin News / Bitcoinist - 1 year ago
A serial scammer and rug-puller have amassed over 160 ETH, worth $315,000 at spot rates, by creating fraudulent meme coins and rugging users off their hard-earned funds, on-chain data analyzed by LookonChain on July 9 shows. Records show that the sc...
Bitcoin News / Bitcoinist - 1 year ago
Revoke.Cash, a leading decentralized finance (DeFi) security platform, has swiftly responded to user complaints regarding a growing crypto scam involving fake approvals. In a bid to mitigate this fraudulent activity, Revoke has introduced a new featu...
Bitcoin News / Bitcoinist - 1 year ago
PepeCoin (PEPE) emerged in April 2023 as a meme coin, distinct from the more prevalent dog-themed meme coins like Shiba Inu and Dogecoin. Unlike its counterparts, the meme coin is primarily regarded as lacking inherent utility or value, instead inten...
Bitcoin News / Bitcoinist - 1 year ago
In the latest news development, DeFi Protocol Arcadia Finance has suffered an attack leading to the loss of hundreds of thousands of dollars. Arcadia Finance is a non-custodial leveraged farming protocol designed to enable composable cross-margin ac...
Bitcoin News / Bitcoinist - 1 year ago
Former Securities and Exchange Commission (SEC) Chair Jay Clayton has expressed his openness to a spot Bitcoin (BTC) ETF in a recent interview with CNBC Squawk Box. Clayton stated that he was previously skeptical about trading in the BTC market duri...
Bitcoin News / Bitcoinist - 1 year ago
Vitalik Buterin, the inventor of Ethereum, recently participated in a Twitter Spaces discussion hosted by “Altcoin Slayer ” Eric Wall and Bitcoin developer, Udi Wertheimer. During the event, Buterin shared his insights on the possib...
Bitcoin News / Bitcoinist - 1 year ago
In a recent newsletter, Singapore-based crypto asset trading firm QCP Capital raised the question of whether the introduction of a Bitcoin exchange-traded fund (ETF) could lead to price manipulation by institutions, similar to what has happened in th...
Bitcoin News / Bitcoinist - 1 year ago
To position itself as a digital hub amidst global regulatory scrutiny of online assets, the Hong Kong Securities and Investment Institute (HKSI) plans to provide training for virtual asset platforms. Supported by the local regulator Securities and Fu...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows that Shiba Inu whales have been displaying interest in the meme coin again, a sign that may be positive for the price. Shiba Inu Whale Transaction Count Has Spiked Recently According to data from the on-chain analytics firm Santim...
Bitcoin News / Bitcoinist - 1 year ago
Crypto Twitter users are sounding the alarm, wasting no time in exposing the scammers who have cunningly emerged on Meta’s newly launched microblogging app, Threads. With the app’s staggering sign-up rate surpassing 100 million within a...
