Bitcoin News / Bitcoin.com - 9 months ago
Indian crypto exchange Wazirx has secured a four-month moratorium granted by a Singapore court, providing time for the company to address its financial obligations while crafting a resolution plan. Wazirx explained that as part of the court’s c...
Bitcoin News / Bitcoin.com - 9 months ago
Check Point Research (CPR) has uncovered a new threat: a mobile crypto drainer app found on Google Play. This app, deceptively posing as the legitimate WalletConnect tool, exploited the growing popularity of digital assets and targeted users directly...
Bitcoin News / Bitcoin.com - 9 months ago
Coral, a climate tech startup leveraging blockchain and AI, has secured $3 million in pre-seed funding to expand its operations and enhance its carbon emissions management platform. The funding will enable Coral to open a new office in Abu Dhabi, hir...
Bitcoin News / Bitcoin.com - 9 months ago
Visa has launched the Visa Tokenized Asset Platform (VTAP), a new product designed to help banks issue fiat-backed tokens on the Ethereum blockchain. This platform aims to digitize and automate the trading of real-world assets, such as commodities an...
Bitcoin News / Bitcoin.com - 9 months ago
BitcoinOS (BOS) has open-sourced its BitSNARK verification protocol, marking a significant advancement in blockchain technology. This protocol, which successfully verified the first zk-SNARK proof on the Bitcoin blockchain, enables zero-knowledge cry...
Bitcoin News / Bitcoin.com - 9 months ago
Dagestan, a republic in Russia, is stepping up efforts to tackle illegal cryptocurrency mining due to its impact on the power grid and public safety. Underground mining operations have caused recent infrastructure damage, including a substation fire....
Bitcoin News / Bitcoin.com - 9 months ago
Piero Coen, co-founder and CEO of Osmo, a Latam-focused bitcoin and lightning network wallet, has announced that they are now bringing their full suite of financial services for customers in Costa Rica. Costa Ricans can top up their wallet using Sinp...
Bitcoin News / Bitcoin.com - 9 months ago
Play-to-earn blockchain games are driving crypto adoption in emerging markets, particularly in Southeast Asia, Latin America, and Africa. Experts attribute this growth to their accessibility, economic opportunities, and community-building benefits. O...
Bitcoin News / Bitcoin.com - 9 months ago
Bitcoin miners got a bit of a breather on Wednesday as the network’s difficulty dropped by 4.6% at block height 862,848. For the next two weeks, the process of finding a block subsidy is 4.6% easier than it was during the previous 2,016 blocks...
Bitcoin News / Bitcoin.com - 9 months ago
Russian Interior Minister Vladimir Kolokoltsev has revealed that cybercrime damage in Russia has surpassed $1.25 billion so far this year, with both individuals and organizations, including government bodies, as frequent targets. He highlighted that...
Bitcoin News / Bitcoin.com - 9 months ago
The Hong Kong Monetary Authority (HKMA) has moved into Phase 2 of its e-HKD pilot program, expanding its exploration into tokenized deposits and e-HKD. With 11 groups of firms selected, the initiative delves into practical applications such as offlin...
Bitcoin News / Bitcoin.com - 9 months ago
BRICS nations are considering adopting the petroyuan for oil trade as part of their ongoing dedollarization efforts, according to economic expert Herbert Poenisch. He noted the BRICS group may discuss alternatives to the petrodollar at their Kazan su...
Bitcoin News / Bitcoin.com - 9 months ago
A Russian digital services expert has predicted a future where passport-based identification for Internet access becomes the norm, citing a broader trend towards the de-anonymization of online spaces. His comments follow a move by Telegram to disclos...
Bitcoin News / Bitcoin.com - 9 months ago
Congressman Warren Davidson has introduced the Evaluating Defi Opportunities Act to foster data-driven regulations for decentralized finance (defi). He stressed the importance of safeguarding innovation and user privacy while addressing concerns over...
Bitcoin News / Bitcoin.com - 9 months ago
The Nigerian Naira weakened significantly against the U.S. dollar following the Central Bank of Nigeria’s (CBN) decision to hike interest rates for the fifth time this year. The naira dropped to NGN1,658 per dollar on the official foreign excha...
Bitcoin News / Bitcoin.com - 9 months ago
Saudi Arabia has emerged as the fastest-growing crypto economy in the Middle East and North Africa (MENA) region for the second consecutive year. Unlike other MENA countries, Saudi Arabia’s and Qatar’s crypto activity primarily stems from...
Bitcoin News / Bitcoin.com - 9 months ago
A Bloomberg analysis found that cryptocurrency and stock markets have shown a high correlation after the latest set of Federal Reserve interest rate cuts. According to analysts, this related movement would be the result of the macroeconomic variables...
Bitcoin News / Bitcoin.com - 9 months ago
Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TUSD following the resolution of U.S. Securities and Exchange Commission (SEC) charges against Trusttoken Inc. and Truecoin LLC, the companies behind the dollar-pegged to...
Bitcoin News / Bitcoin.com - 9 months ago
In a recent interview, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, emphasized the significant role of hedge funds in gold’s ongoing price surge. McGlone shared his insights on the impact of macroeconomic factors, includ...
Bitcoin News / Bitcoin.com - 9 months ago
According to QCP Capital’s latest analysis, macroeconomic conditions are becoming increasingly favorable for risk assets, including cryptocurrencies. Central bank policies, particularly from China and the U.S. are playing a crucial role in sha...
Bitcoin News / Bitcoin.com - 9 months ago
Bitcoin has recaptured its Short-Term Holder (STH) cost basis of $61,900 following the Federal Reserve’s recent 0.5% interest rate cut, according to Glassnode’s recent analysis. Despite the market’s ongoing consolidation, the rep...
Bitcoin News / Bitcoin.com - 9 months ago
This past week, the digital asset market experienced a broad upward trend, with the artificial intelligence (AI) crypto sector standing out as the top performer over the last seven days. This week, the AI-driven crypto sector climbed 30.59% against t...
Bitcoin News / Bitcoin.com - 9 months ago
Citrea has launched its public testnet, creating a solution to allow Ethereum Virtual Machine (EVM) developers to access Bitcoin’s blockspace. The team believes this is testnet marks a significant step toward using Bitcoin as a settlement laye...
Bitcoin News / Bitcoin.com - 9 months ago
Everyone is waiting to see what Floki, First Neiro on Ethereum, and Popcat will do next. These three meme coins have received enormous attention lately, and investors are curious if their prices are about to rally again. In this article, weโll provid...
Bitcoin News / Bitcoin.com - 9 months ago
BA Labs, an adviser to Sky, formerly known as Makerdao, has decided to stop recommending any additional parameter changes regarding the offboarding of wrapped bitcoin (WBTC) collateral. The move follows statements from Bitgoโs CEO Mike Belshe and a v...