Bitcoin News / Bitcoin.com - 1 year ago
The gold mining industry struggles to sustain production growth due to declining new deposits, reports the World Gold Council (WGC). Despite a 4% increase in first-quarter production in 2024, overall growth has plateaued since 2016. In 2023, mine pro...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Federal Trade Commission (FTC) has issued a warning about cryptocurrency romance scammers who offer investment advice. The FTC emphasizes the risks involved and urges immediate reporting and caution to protect others. “They establish a...
Bitcoin News / Bitcoin.com - 1 year ago
HSBC Bank (China) Ltd. announced on Friday the launch of digital yuan (e-CNY) services for corporate clients, becoming one of the first international banks to provide these services to both corporate and retail customers. The e-CNY, or digital yuan,...
Bitcoin News / Bitcoin.com - 1 year ago
South Korea’s top financial regulator has issued guidelines clarifying when non-fungible tokens (NFTs) are considered virtual assets. This distinction aims to minimize the risk of widespread user harm. The guidelines will be part of the Virtual...
Bitcoin News / Bitcoin.com - 1 year ago
Indian Prime Minister Narendra Modi has reappointed Nirmala Sitharaman as Finance Minister. She remains instrumental in shaping India’s economic policies, including cryptocurrency regulation and taxation. Nirmala Sitharaman Reappointed as Finan...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) have unveiled charges against three UK nationals for a fraudulent non-fungible token (NFT) scheme involving “Evolved Apes,” promising a game development. &...
Bitcoin News / Bitcoin.com - 1 year ago
According to Osman Kabaloev, the Deputy Director of the Financial Policy Department at Russia’s Ministry of Finance, the recognition of Bitcoin mining as an official economic activity is set to happen soon. Following the approval of a law regulating...
Bitcoin News / Bitcoin.com - 1 year ago
Digital asset investment products have witnessed significant inflows totaling $2 billion, marking a strong five-week streak that accumulates to $4.3 billion. As reported by Coinshares, this surge aligns with increased trading volumes and shifting mon...
Bitcoin News / Bitcoin.com - 1 year ago
Ricardo Salinas, the third wealthiest man in Mexico, has recently doubled down on his proposal to use Bitcoin as a reserve asset. On social media, Salinas defended the role of Bitcoin as an inflation hedge, commenting on a post that presented inflati...
Bitcoin News / Bitcoin.com - 1 year ago
Over the past weekend, 211.51 dormant bitcoins valued at $14.79 million were reactivated after over a decade of inactivity. More than half of these funds originated from bitcoin wallets that had been inactive since 2012. Vintage Bitcoin Wallets Unlea...
Bitcoin News / Bitcoin.com - 1 year ago
Zksync, an Ethereum layer two (L2) network developed by Matter Labs, has launched a new community-driven governance system named ZK Nation. The system aims to enhance the governance, security, and scalability of the Zksync protocol through active com...
Bitcoin News / Bitcoin.com - 1 year ago
UpRock is a groundbreaking platform that merges blockchain and AI, allowing users to monetize their unused internet bandwidth. With a focus on democratizing data access and fostering an open AI ecosystem, UpRock is at the forefront of the digital rev...
Bitcoin News / Bitcoin.com - 1 year ago
In the northern states of Katsina and Borno, residents are increasingly interested in the meme coin dogecoin. Meanwhile, in Delta State, known for its financial services leaders, bitcoin garners significant attention. A Nigerian lawyer has called on...
Bitcoin News / Bitcoin.com - 1 year ago
The privacy coin monero (XMR) has experienced a 7.7% increase in the last 24 hours and a 16.5% rise over the past week. Monero Trading Volume Doubles in 24 Hours After a prolonged decline and hitting a significant low in mid-April, monero (XMR) has r...
Bitcoin News / Bitcoin.com - 1 year ago
Bitfarms Ltd. has adopted a shareholder rights plan to protect the integrity of its ongoing Strategic Alternatives Review Process. This plan was unanimously approved by the Board and involves issuing rights to shareholders to prevent unwanted takeove...
Bitcoin News / Bitcoin.com - 1 year ago
The 99Bitcoins Token (99BTC) is shaking up crypto education – and gaining traction in its presale phase. With over $2 million raised and analysts predicting 10x gains once it launches, this “Learn-to-Earn” token has investors buzzing. 99Bitcoins Toke...
Bitcoin News / Bitcoin.com - 1 year ago
On June 10, the onchain intelligence platform Arkham revealed that the decentralized finance (defi) protocol Uwu Lend may have experienced a potential exploit. Arkham and Cyvers reported that more than $19 million had been siphoned from the lending p...
Bitcoin News / Bitcoin.com - 1 year ago
At press time on Monday, the global cryptocurrency market is valued at $2.53 trillion, reflecting a 0.89% decline over the last day. In the past week, six tokens have experienced double-digit gains, with the meme coin brett (BRETT) increasing by 65.8...
Bitcoin News / Bitcoin.com - 1 year ago
Ethereum (ETH) continues to showcase its volatility and potential for strategic trading. As of June 10, 2024, ethereum’s price stands at $3,677, reflecting a daily range of $3,654 to $3,714. Ethereum Ethereum’s 1-hour chart reveals shor...
Bitcoin News / Bitcoin.com - 1 year ago
In a recent social media post that garnered over a million views, Dan Bilzerian, the American poker player and businessman known for his high-stakes games and lifestyle brand Ignite International, expressed interest in creating his own cryptocurrency...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin’s price stands at $69,352, within a 24-hour intraday range of $69,213 to $69,840. The leading crypto asset’s market capitalization is $1.36 trillion, with a 24-hour trade volume of $14.83 billion. Bitcoin The hourly chart for bi...
Bitcoin News / Bitcoin.com - 1 year ago
Javier Gimenez, from the Paraguayan Ministry of Industry and Commerce, revealed that the government plans to take advantage of the energy sold to legal bitcoin mining operations. Gimenez stated that selling Paraguay’s energy to bitcoin mining compani...
Bitcoin News / Bitcoin.com - 1 year ago
Australian rapper Iggy Azalea, co-founder of a telecommunication company, has announced the relaunch of the company with a unique twist. In a recent social media post, Azalea revealed that customers will now be able to purchase phones and month-to-mo...
Bitcoin News / Bitcoin.com - 1 year ago
While many are familiar with inflation, which indicates a decline in currency purchasing power alongside a general rise in the cost of goods and services in an economy, there is a common misconception that inflation is natural. In reality, it is larg...
Bitcoin News / Bitcoin.com - 1 year ago
Russian Ambassador to China Igor Morgulov disclosed that approximately 30 countries are interested in joining the BRICS economic bloc in an opinion piece published by the South China Morning Post last week. BRICS welcomed five new members in January:...