Bitcoin News / Bitcoin.com - 10 months ago
The Brazilian Securities Regulator (CVM) has begun sending letters to tokenization companies, inquiring about the nature of their operations. According to local reports, these letters require issuers to disclose which tokens were issued, their purpor...
Bitcoin News / Bitcoin.com - 10 months ago
A report by FUNDE, an investigative organization in El Salvador, has highlighted that the Salvadoran economy will grow less this year due to a decrease in public investment in infrastructure. Additionally, FUNDE claimed that the purchasing power of S...
Bitcoin News / Bitcoin.com - 10 months ago
The Homeland Security Investigations New York has charged Michael Lauchlan for running a fraudulent cryptocurrency recovery service, Coin Dispute Network (CDN), that scammed customers out of their ethereum. Lauchlan convinced clients he could recover...
Bitcoin News / Bitcoin.com - 10 months ago
Monday marked a severe downturn in financial markets, with sharp selloffs in stocks, cryptocurrencies, and precious metals. However, JPMorgan analysts see a potential “buy the dip” opportunity as the rotation out of tech stocks might be n...
Bitcoin News / Bitcoin.com - 10 months ago
Economist and gold advocate Peter Schiff argues that bitcoin exchange-traded funds (ETFs) contradict the core principles of the cryptocurrency by undermining decentralization and peer-to-peer transactions. He criticizes recent buyers of bitcoin for f...
Bitcoin News / Bitcoin.com - 10 months ago
PRESS RELEASE. Get ready for the 2024 Summer Olympic Games with MyStake’s exciting new promotion: the 2024 Summer Olympic Games Leaderboard! From July 23, 2024, at 11:00 AM GMT to August 12, 2024, at 11:00 AM GMT, you can climb the leaderboard...
Bitcoin News / Bitcoin.com - 10 months ago
Despite a severe market downturn, the world keeps turning, the show must go on, and I must still attend the Asian Blockchain Summit (ABS). It’s been quite interesting so far. Crypto Market Turmoil Doesn’t Extinguish Enthusiasm at ABS As I...
Bitcoin News / Bitcoin.com - 10 months ago
On Tuesday, following a sharp downturn the day before, the top five U.S. benchmark indices made a recovery. However, Airbnb, the prominent vacation rental company, reported that it does not foresee a strong third quarter due to a slowdown in demand,...
Bitcoin News / Bitcoin.com - 10 months ago
Coinshares, a leading European digital asset investment firm, reported strong financial performance in the second quarter of 2024, highlighted by a significant increase in revenue and adjusted EBITDA. The company also navigated market challenges, inc...
Bitcoin News / Bitcoin.com - 10 months ago
Over the past 12 days, the stablecoin economy has maintained a similar value, yet the supply of dollar-pegged crypto assets PYUSD and USDE has experienced notable shifts. Over the last 22 days, Paypal’s PYUSD supply increased by more than 70%,...
Bitcoin News / Bitcoin.com - 10 months ago
Popular bug bounty platform Immunefi has found that the global cryptocurrency ecosystem suffered increased hacks and frauds in the second quarter of 2024, losing $572.7 million. According to a recent report, this is a 112% increase compared to the sa...
Bitcoin News / Bitcoin.com - 10 months ago
Genesis Digital Assets Limited (GDA) has embarked on a new project in Norsjö, Sweden, utilizing surplus heat from one of its bitcoin mining data centers to warm a local garage. This collaboration with Swedish company Muttern Fastigheter show...
Bitcoin News / Bitcoin.com - 10 months ago
On Aug. 5, 2024, global crypto trade volume surpassed $200 billion, and current 24-hour statistics show approximately $148.26 billion in volume has been finalized the following day. Data reveals that Binance, the leading crypto exchange by trading vo...
Bitcoin News / Bitcoin.com - 10 months ago
A group of Democrat lawmakers, including Massachusetts Senator Elizabeth Warren, has penned a letter to Commodities and Futures Trading Commission (CFTC) Chairman Rostin Behnam, urging the agency to prohibit all forms of election-related gambling in...
Bitcoin News / Bitcoin.com - 10 months ago
PRESS RELEASE. The cryptocurrency gaming sector is witnessing an intense rivalry between two notable titles: Hamster Kombat and Lovely Legends. As the competitive landscape evolves, industry experts are increasingly recognising Lovely Legends as the...
Bitcoin News / Bitcoin.com - 10 months ago
Indian crypto exchange Wazirx has updated users about the recent cyberattack, confirming the filing of a First Information Report (FIR) to address the hack. Cofounder Nischal Shetty emphasized that a police complaint was made the day after the attack...
Bitcoin News / Bitcoin.com - 10 months ago
Global crypto exchange Binance has received a goods and services tax (GST) bill of Rs 722 crore ($87 million) in India for non-compliance with the country’s tax regulations. This is the first instance of a cryptocurrency firm facing such scruti...
Bitcoin News / Bitcoin.com - 10 months ago
Meme coins have made a dramatic comeback in the past 24 hours. After a brutal downturn, these tokens are on the rise again, led by Brett, Pepe, and the upcoming Base Dawgz. Brett Bounces Back from Key Support Level Brett (BRETT) has experienced a rem...
Bitcoin News / Bitcoin.com - 10 months ago
On Monday, unlike their ethereum counterparts, spot bitcoin exchange-traded funds (ETFs) witnessed outflows totaling $168.44 million. The primary contributors to this decline were three funds, with Grayscale’s GBTC taking the lead in outflows....
Bitcoin News / Bitcoin.com - 10 months ago
On Monday, U.S. spot ethereum exchange-traded funds (ETFs) recorded their second-highest inflows since their inception. Approximately $48.73 million was added, yet the nine funds collectively remain in the red, with a deficit of $461.98 million, prim...
Bitcoin News / Bitcoin.com - 10 months ago
Egyptian artificial intelligence firm Synapse Analytics has secured $2 million to expand into the Gulf Cooperation Council region and Africa. The company has partnered with major banking product providers such as AWS, Crealogix, and TUMM. Using AI to...
Bitcoin News / Bitcoin.com - 10 months ago
PRESS RELEASE. Geneva, Switzerland – August 6th, 2024 – Leading crypto media research arm Cointelegraph and leading crypto research platform CryptoQuant have released comprehensive research reports offering in-depth analyses of the TRON...
Bitcoin News / Bitcoin.com - 10 months ago
Jacob King, a financial analyst at Whalewire, has stated that he doesn’t consider bitcoin a hedge “against anything.” King stressed that “crypto itself was entirely propped up by stable coin fraud. I warned it would crumble li...
Bitcoin News / Bitcoin.com - 10 months ago
Capula Management, one of the largest hedge funds in Europe with assets under management (AUM) of approximately $118 billion, has made a significant move in the cryptocurrency market by investing $464 million in spot Bitcoin exchange-traded funds (ET...
Bitcoin News / Bitcoin.com - 10 months ago
Coinshares, a digital asset investment firm, has reported a significant $528 million outflow from its crypto products last week, driven by growing recession fears. This substantial withdrawal reflects the heightened market uncertainty and investor ca...