Bitcoin News / Bitcoinist - 1 year ago
Luxumberg-based cryptocurrency exchange, Bitstamp is looking to expand its global presence by broadening its reach in the European and Asian Markets. According to an August 8 Bloomberg report, the crypto exchange is raising fresh funds to support its...
Bitcoin News / Bitcoinist - 1 year ago
CoinsPaid, a cryptocurrency payments company headquartered in Estonia, has raised suspicions that the Lazarus Group, a group of hackers from North Korea, managed to breach its systems by utilizing deceptive recruiters who targeted company employees. ...
Bitcoin News / Bitcoinist - 1 year ago
Cardano has declined by 5% during the past week, but on-chain data show that large investors have only continued to buy more.
Cardano Sharks & Whales Now Hold Highest Amount Since September 2022
According to data from the on-chain analytics firm...
Bitcoin News / Bitcoinist - 1 year ago
Cryptocurrency exchange Blockchain.com has been granted a payment license in Singapore, expanding its operations in Asia and the world at large. According to a press release on Monday, Blockchain.com announced it had obtained a major payment institut...
Bitcoin News / Bitcoinist - 1 year ago
Kenya has intensified its scrutiny of Worldcoin, a cryptocurrency venture managed by OpenAI’s founder, Sam Altman. Recent reports indicate that Kenyan police conducted a raid on Worldcoin’s Nairobi facility on August 7 in order to access...
Bitcoin News / Bitcoinist - 1 year ago
Circle’s CEO Jeremy Allaire has revealed that US customers only account for 30% of stablecoin USDC’s adoption. This may come as a surprise to many, considering that Circle and its USDC token have been thought to majorly be focused on the US market, e...
Bitcoin News / Bitcoinist - 1 year ago
In a significant move underscoring the growing importance of sustainable energy sources in Bitcoin mining, Singapore-based Bitdeer Technologies Group (NASDAQ: BTDR) has announced the completion of its state-of-the-art mining facility in the Kingdom o...
Bitcoin News / Bitcoinist - 1 year ago
PayPal has concluded an extended period of careful consideration, advancement, and setbacks to unveil its newly established stablecoin tied to the US dollar.
The stablecoin, called PayPal USD (PYUSD), facilitates users in engaging in activities such...
Bitcoin News / Bitcoinist - 1 year ago
Stuart Alderoty, Ripple Labs’s Chief Legal Officer, took to Twitter to voice concerns over potential conflicts of interest involving former SEC official, Bill Hinman.
Alderoty tweeted, “Crypto critic/x-SEC official John Reed Stark says there sh...
Bitcoin News / Bitcoinist - 1 year ago
Santiment, a blockchain analytics firm, shows that Chainlink’s development activity has been rapid since late May 2023. A metric that tracks the continuous enhancement of Chainlink, a blockchain-agnostic platform that links decentralized apps (...
Bitcoin News / Bitcoinist - 1 year ago
Over two years since Ethereum merged its proof-of-work layer with the proof-of-stake Beacon Chain via “The Merge,” the network has burned over half of all ETH issued. Ultra Sound Money data on August 7 shows that out of the over 6.5 milli...
Bitcoin News / Bitcoinist - 1 year ago
In a notable move that highlights the growing acceptance and potential of stablecoins in modern payment systems, PayPal has announced the launch of its payment stablecoin PYUSD.
This development comes shortly after the House Financial Services Commi...
Bitcoin News / Bitcoinist - 1 year ago
Data shows the Litecoin mining hashrate is approaching a new all-time high, despite miners earning half the rewards since the halving.
Litecoin Mining Hashrate Is Close To Setting A New All-Time High
Like Bitcoin, Litecoin is a proof-of-work (PoW) ne...
Bitcoin News / Bitcoinist - 1 year ago
According to a recent report by CNBC, the United States Securities and Exchange Commission (SEC) is rapidly approaching a key deadline for making a ruling on ARK’s application for a Bitcoin (BTC) Spot Exchange Traded Fund (ETF).
With the globa...
Bitcoin News / Bitcoinist - 1 year ago
Dogecoin’s popularity seems to be growing nonstop as the meme coin has now made its way into popular culture. The digital asset’s recent performance on the popular animated show Futurama outlines the far reach of this cryptocurrency which was created...
Bitcoin News / Bitcoinist - 1 year ago
The allure of altcoins and their incredible returns when crypto is bullish keeps investors buying the high beta assets. This comes with higher levels of risk and volatility.
The altcoin market appears to be possibly be ready for final capitulation, a...
Bitcoin News / Bitcoinist - 1 year ago
In a surprising turn of events, the NFT community seems to have gotten a reprieve from NFT thefts following a report by Peckshield which revealed that NFT thefts have dropped by 31% in July.
NFT Thefts on The Decline
Non-fungible tokens (NFTs) have...
Bitcoin News / Bitcoinist - 1 year ago
Binance, the largest crypto exchange in the world, just released its latest report for its reserves. Following the FTX liquidity issue debacle, crypto exchanges have periodically published reports of their reserve holdings to address investor concern...
Bitcoin News / Bitcoinist - 1 year ago
Curve Finance witnessed a hack attack that drained over $61 million from its Vyper-based liquidity pools on July 30. The report revealed the attacker leveraged a vulnerability in Curve’s Vyper 0.2.15 reentrancy lock.
After the hack, the protocol offe...
Bitcoin News / Bitcoinist - 1 year ago
Popular decentralized finance (DeFi) platform MakerDAO has blocked US-based users’ access to its lending platform Spark Protocol. However, it remains unclear when Spark Protocol implemented this measure to restrict US users.
Extra Efforts To Re...
Bitcoin News / Bitcoinist - 1 year ago
Shytoshi Kusama, the lead developer of Shiba Inu, has provided intricate details on the project’s intention to incorporate a Self-Sovereign Identity (SSI) feature into Shibarium. A new blog post has prompted a meticulous analysis from the SHIB...
Bitcoin News / Bitcoinist - 1 year ago
The countdown has begun for a significant shift in the world of cryptocurrencies as a new US law gears up to reshape the landscape. Set to be enacted on January 1, 2024, this regulation mandates American businesses to collect personal information fro...
Bitcoin News / Bitcoinist - 1 year ago
Chainlink has suffered a 6% blow during the past week as the asset’s downtrend continues. Does the coin have any hope for a turnaround soon?
Chainlink Has Been On A Decline Since Top Back In July
Last month, LINK observed a sharp surge where it...
Bitcoin News / Bitcoinist - 1 year ago
Amid an increase in illicit activities driven by cutting-edge techniques, China’s crackdown on emerging technologies persists, with a primary focus on combating schemes that exploit crypto and artificial intelligence (AI). The Communist Party o...