Bitcoin News / Bitcoinist - 2 years ago
According to a recent Bloomberg report, FTX Trading Ltd., the bankrupt cryptocurrency exchange, is suing its former top compliance officer, Daniel Friedberg, accusing him of enabling the misuse of billions of dollars of customer funds by company foun...
Bitcoin News / Bitcoinist - 2 years ago
The Hong Kong Virtual Asset Consortium (HKVAC), a prominent rating agency based, has announced its plans to evaluate the inclusion of Terra Luna Classic (LUNC) in its digital asset index. Just recently, the HKVAC Rating Agency unveiled its latest ind...
Bitcoin News / Bitcoinist - 2 years ago
DOGE investors accused Elon Musk of insider trading in a class action lawsuit, also naming Telsa for Dogecoin price manipulation, costing investors billions of dollars. The Dogecoin plaintiffs, represented by Evan Spencer of Evan Spencer Law, argue...
Bitcoin News / Bitcoinist - 2 years ago
In a move to foster global Web3 adoption, Sony Network Communications, a subsidiary of Sony, has joined forces with Startale Labs, a Japanese Web3 tech company. The collaboration comprises an investment of $3.5 million from Sony Network Communication...
Bitcoin News / Bitcoinist - 2 years ago
Data shows a Dogecoin address silent since 9.5 years ago has suddenly seen transaction activity during the past day. Has One Of The Earliest Dogecoin Adopters Returned To The Scene? According to data from the cryptocurrency transaction tracker servic...
Bitcoin News / Bitcoinist - 2 years ago
Cryptocurrency is taking the European Union (EU) into uncharted territory as it introduces a groundbreaking bank capital policy that includes regulations specifically tailored for cryptocurrencies. This policy has been meticulously crafted through co...
Bitcoin News / Bitcoinist - 2 years ago
In another step for Bitcoin’s global adoption, Tether, the issuer of the largest stablecoin by market cap, announced today, June 28, a partnership with the government of the Eastern European country of Georgia. Via Twitter, the company led by P...
Bitcoin News / Bitcoinist - 2 years ago
As the crypto market continues to evolve, many traditional financial institutions are joining the digital asset space, with a keen eye on Bitcoin Exchange Traded Funds (ETFs). Among the entities leading this charge is investment management giant Blac...
Bitcoin News / Bitcoinist - 2 years ago
Matt Huang, a visionary entrepreneur and the co-founder of crypto investment company Paradigm, is a firm believer in the immense potential that lies at the intersection of artificial intelligence (AI) and cryptocurrencies. In a rapidly evolving tech...
Bitcoin News / Bitcoinist - 2 years ago
In the turbulent world of crypto, even well-established players face hard times. Voyager Digital, a once-thriving cryptocurrency brokerage, now facing bankruptcy, is set to pay over $1 million for legal services provided in April. Voyager Digital...
Bitcoin News / Bitcoinist - 2 years ago
The UK Law Commission has emphasized the importance of developing legislation concerning crypto assets, positioning the country as a global center for cryptocurrencies and non-fungible tokens (NFTs). In their recent recommendation, the independent pa...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin (BTC) received a significant legal judgment from the Seoul High Court Civil Division, which has concluded that it should not be classified as money. This pivotal ruling exempts the leading cryptocurrency from adhering to the lending business...
Bitcoin News / Bitcoinist - 2 years ago
While the Bitcoin and crypto market has been extremely bullish in recent days as a result of spot ETF news, dark clouds are once again brewing over the market. The latest crypto drama could be the stablecoin TrueUSD (TUSD), which has lost its peg to...
Bitcoin News / Bitcoinist - 2 years ago
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Bitcoin News / Bitcoinist - 2 years ago
Bitcoin price is currently consolidating above $30,000 per coin after a $5,000 rally from local 2023 lows. However, a new chart putting BTC up against the Nasdaq stock index suggests that the top crypto asset is merely gearing up for an explosive pus...
Bitcoin News / Bitcoinist - 2 years ago
As 2024 draws near and anticipation around the next Bitcoin halving continues to grow, crypto investors have become increasingly bullish. However, the halving, while being perhaps the most important event for each bull market, is not the only major e...
Bitcoin News / Bitcoinist - 2 years ago
Switzerland looks set to join the growing list of nations conducting a Central Bank Digital Currency (CBDC) pilot. According to a report by Reuters, the Swiss National Bank (SNB) is set to begin a wholesale CBDC pilot in conjunction with the Swiss co...
Bitcoin News / Bitcoinist - 2 years ago
Israel recently seized millions of dollars worth of cryptocurrency in digital wallets allegedly linked to Iran’s Quds Force and Hezbollah, the Iran-backed terror group based in Lebanon. Cryptocurrencies are known for their anonymous nature and have...
Bitcoin News / Bitcoinist - 2 years ago
Bloomberg has reported that liquidators responsible for the bankrupt hedge fund Three Arrows Capital (3AC) seek to recover approximately $1.3 billion in funds from the fund’s co-founders, Su Zhu and Kyle Davies. This news comes one year after...
Bitcoin News / Bitcoinist - 2 years ago
In what appears to be another rug pull in the decentralized finance (DeFi) space, the team behind Chibi Finance has absconded with more than $1 million worth of various assets. Following the protocol’s launch earlier today, users’ funds were swiftly...
Bitcoin News / Bitcoinist - 2 years ago
Founded in 2017, Bitbns embarked on a strategic endeavor to establish itself as a prominent cryptocurrency exchange, aiming to provide individuals with a seamless entryway into the world of crypto. However, the morning of July 27, 2023, brought an un...
Bitcoin News / Bitcoinist - 2 years ago
A travel company based in New Zealand and operating in Kiwi has reportedly suffered significant financial losses due to cryptocurrency trading. This comes as the company recently announced its decision to cease operations. We Are Bamboo, the NZ-based...
Bitcoin News / Bitcoinist - 2 years ago
Fidelity, one of the largest asset managers in the world, is reportedly preparing to submit its filing for a spot Bitcoin (BTC) exchange-traded fund (ETF). According to an anonymous source cited by The Block, the filing could be submitted as early a...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows that Bitcoin miners have deposited around 315% of their daily revenue to exchanges recently, a new all-time high. Bitcoin Miners Have Sent $128 Million To Exchange Addresses According to data from the on-chain analytics firm Glass...
Bitcoin News / Bitcoinist - 2 years ago
While cryptocurrencies are widely known for running on blockchain technology, the Bank of England’s upcoming digital pound, colloquially known as ‘Britcoin’, could end up operating on non-blockchain software. The bank is considering...
