Bitcoin News / Bitcoinist - 2 years ago
The United States Securities and Exchange Commission (SEC) has been cracking down on some prominent crypto firms. The regulator tackled Binance and Kraken crypto exchanges within a very short period. It closed Kraken’s staking services and iss...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin spot trading volumes have hit a new yearly high in the past week as the price of the cryptocurrency has taken a volatile turn. Bitcoin Spot Trading Volume Has Hit A New High For 2023 As per the latest weekly report from Arcane...
Bitcoin News / Bitcoinist - 2 years ago
A report from a web3 security company, CertiK, revealed that an Arbitrum-based DeFi (decentralized finance) project for stablecoins, Hope Finance, lost $2 million to scammers. Furthermore, the report revealed that the culprits secretly removed this a...
Bitcoin News / Bitcoinist - 2 years ago
The Chinese government is seemingly not against Hong Kong’s aspiration to become a crypto hub. This contradicts Beijing’s stance on matters regarding digital currencies in the mainland. Before now, Hong Kong reported its move to regulate...
Bitcoin News / Bitcoinist - 2 years ago
Elon Musk continues to be one of the biggest factors influencing the Dogecoin price, as the Twitter CEO proved once again today. Musk made an apparent joke by writing, “High time I confessed I let the Doge out.” He also shared an image wi...
Bitcoin News / Bitcoinist - 2 years ago
The creators of Friendsies, a collection of non-fungible tokens (NFTs), have come under a barrage of criticisms after they announced a “pause” in the project’s operations and subsequently deleted their Twitter account. Some have spe...
Bitcoin News / Bitcoinist - 2 years ago
The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is widely considered the most important precedent for the crypto industry. If SEC Chairman Gary Gensler and his agency prevail in the case, the crypto industry...
Bitcoin News / Bitcoinist - 2 years ago
Artificial intelligence-related investment scams have been all over the news recently. Hundreds of new cryptocurrencies referred to as ChatGPT “tokens” are surfacing on a variety of blockchain networks, news reports disclose. Clearly, sca...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin is a lot of things to many people — digital gold, a speculative investment, a tech experiment, a decentralized replacement for fiat money, etc. But being compared to a central bank is likely the last thing the cryptocurrency’s creator Satosh...
Bitcoin News / Bitcoinist - 2 years ago
The bull market could be very close given the recent momentum in the crypto market and investors are no doubt beginning to pitch their tents with their top choices. XRP, Cardano (ADA), and Polygon (MATIC) are no doubt some of the top picks for invest...
Bitcoin News / Bitcoinist - 2 years ago
According to a Reuters report, Paxos, the first regulated blockchain infrastructure platform behind Binance’s stablecoin BUSD, is in ongoing discussions with the Securities Exchange Commission (SEC) following the regulatory crackdown on this in...
Bitcoin News / Bitcoinist - 2 years ago
The NBA’s Detroit Pistons made a splash at the trade deadline, securing 2020’s #2 draft pick James Wiseman as part of a 4-team trade. Wiseman had a nice showing in his Pistons’ debut, and now the team is back with a new announcement...
Bitcoin News / Bitcoinist - 2 years ago
Via an official announcement on their social media account, the founder of Solana Spaces, Vibhu, announced that their physical stores in New York and Miami would close. The decision will come into effect by the end of February 2023. The Solana Spac...
Bitcoin News / Bitcoinist - 2 years ago
Polygon Three Indian entrepreneurs founded Polygonondary scaling solution provider for the Ethereum blockchain. Blockchain startup Polygon, based in India, plans to lay off 20% of its workforce. Sandeep Nailwal, a co-founder of Polygon, recently ment...
Bitcoin News / Bitcoinist - 2 years ago
According to a press release shared with Bitcoinist, big tech giant Microsoft partnered with Ankr Network to launch a hosting service. The product will allow companies to access blockchain data via a “reliable, easy-to-use” platform. Microsoft Ne...
Bitcoin News / Bitcoinist - 2 years ago
The crypto space is experiencing increasing tension as United States regulators intensify their regulatory approaches. Some of their recent enforcement actions include a stop order mandate on crypto token issuers, a Wells Notice to some exchanges, a...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin supply older than 1 year has hit an all-time high, showing that the asset’s diamond hands are holding strong through the rally. Bitcoin Long-Term Holders Don’t Budge Despite The Rally According to the latest weekly...
Bitcoin News / Bitcoinist - 2 years ago
On February 20, crypto exchange Huobi revealed its plans to shift Asia’s headquarters from Singapore to Hong Kong. This move comes after Hong Kong’s Securities and Future Trading Commission (SFC) proposed a new licensing regime allowing c...
Bitcoin News / Bitcoinist - 2 years ago
As the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to await a ruling from Judge Analisa Torres of the United States Southern District Court of New York, Ripple’s chief legal officer has spoke...
Bitcoin News / Bitcoinist - 2 years ago
Tim Berners-Lee, the architect of the World Wide Web (WWW), stated that digital currencies are “just speculative” and compared them to the “dot-com” bubble, during which internet stocks were often overvalued without a sound bu...
Bitcoin News / Bitcoinist - 2 years ago
The crypto space is witnessing many lawsuits regarding losses of investors’ funds on different platforms. Most cases are related to the misuse and diversion of customers’ funds and the false promotion of crypto tokens to gain investors’ t...
Bitcoin News / Bitcoinist - 2 years ago
In a move to regulate the crypto industry in Zambia, the government has begun testing new technology, according to an announcement from Technology and Science minister Felix Mutati. Zambia’s securities regulator and the Bank of Zambia are the p...
Bitcoin News / Bitcoinist - 2 years ago
The establishment of Hong Kong as a crypto hub is a development that could have the potential to trigger a new Bitcoin bull market. As Bitcoinist reported, crypto exchanges in Hong Kong can obtain a Virtual Asset Service Providers (VASP) license to l...
Bitcoin News / Bitcoinist - 2 years ago
Meme coins are altcoins that were first made for fun which then evolved to have actual utility in the crypto industry. Dogecoin, the world’s first meme coin, pioneered the space, with Shiba Inu following in its footsteps. These tokens might be fun a...
Bitcoin News / Bitcoinist - 2 years ago
Ethereum is the second-largest cryptocurrency ranked by market cap. A recent Merge “upgrade” to a proof-of-stake consensus mechanism and other changes raised discussion of a possible “flippening” — a situation where Ethereum unseats Bitcoin as the to...
