Bitcoin News / Bitcoin.com - 2 years ago
Cryptocurrency exchange Binance has become a member of an organization providing training for sanctions compliance. With the move, part of efforts to improve its capabilities in this field, the largest trading platform for digital assets joins a club...
Bitcoin News / Bitcoin.com - 2 years ago
Airtm, a Latam popular cryptocurrency exchange and wallet, has announced it is winding down cryptocurrency trading and custody in its platform. The company stated that starting Jan. 4, 2023, all cryptocurrency deposits and withdrawals would be paused...
Bitcoin News / Bitcoin.com - 2 years ago
Authorities in Vietnam have caught and sentenced a hacker who stole money and data from a local cryptocurrency exchange. The man, who was arrested and charged for extorting the trading platform’s owner, has been ordered to return the money he...
Bitcoin News / Bitcoin.com - 2 years ago
Mastercard, the payments giant, has partnered with Polygon, an Ethereum scaling platform, to introduce emerging artists into Web3 technology. Mastercard’s artist accelerator, as the program is called, will teach five different emerging artists,...
Bitcoin News / Bitcoin.com - 2 years ago
An Ohio man has pleaded guilty to stealing over 712 bitcoin that was “seized” by the U.S. government in another criminal case. He has agreed to forfeit some bitcoin, ether, and dogecoin as part of his plea. “Due to th...
Bitcoin News / Bitcoin.com - 2 years ago
Disgraced FTX founder Sam Bankman-Fried (SBF) is attempting to regain access to his Robinhood shares, worth over $460 million. The former CEO of the collapsed crypto exchange claimed that he needs them to “pay for his criminal defense,” s...
Bitcoin News / Bitcoin.com - 2 years ago
From the start of March, Nigerian public officials will be barred from withdrawing cash from government bank accounts, the head of the Nigerian Financial Intelligence Unit reportedly said. Public officials that want to be exempted from this new regul...
Bitcoin News / Bitcoin.com - 2 years ago
The first week of 2023 saw an upswing in non-fungible token (NFT) sales as seven-day volume increased 26.01% compared to the previous week, totaling approximately $208.99 million in NFT sales. Additionally, the top five NFT-issuing blockchains saw in...
Bitcoin News / Bitcoin.com - 2 years ago
Federal prosecutors are reportedly investigating U.S.-based hedge funds that have dealt with the cryptocurrency exchange Binance, according to two people familiar with the matter. The hedge funds were allegedly issued subpoenas by the U.S. attorney&#...
Bitcoin News / Bitcoin.com - 2 years ago
Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the U.S. dollar. Over the past 65 days, gold has soared 14.55% while silver has skyrocketed 22.31% against the greenback since Nov. 3...
Bitcoin News / Bitcoin.com - 2 years ago
2023 is off to a rough start, with crypto business bankruptcies, inflation, and recession impacting markets and looming darker on the horizon. Rich Dad Poor Dad author Robert Kiyosaki says that other than bitcoin, the Unites States Securities and Exc...
Bitcoin News / Bitcoin.com - 2 years ago
The Mexican central bank digital currency (CBDC), the digital peso, is unlikely to be ready by 2024, as was announced back in 2021 by the Mexican government. In a statement, representatives from Banxico, the central bank of Mexico, stated the develop...
Bitcoin News / Bitcoin.com - 2 years ago
Authorities in Romania have conducted more than a dozen raids against people suspected of hiding income from cryptocurrency operations. The searches took place in late 2022 following an earlier investigation which established that crypto traders had...
Bitcoin News / Bitcoin.com - 2 years ago
The U.S. Department of Justice (DOJ) has asked victims of former FTX CEO Sam Bankman-Fried (SBF)’s fraud to come forward. The former FTX executive has been charged with “defrauding customers of FTX.com, investors in FTX.com, and lenders t...
Bitcoin News / Bitcoin.com - 2 years ago
Mark Cuban, a Shark Tank star and the owner of the NBA team Dallas Mavericks, has warned that the next crypto implosion could come from “the discovery and removal of wash trades” on centralized exchanges. The billionaire’s comments...
Bitcoin News / Bitcoin.com - 2 years ago
Former Federal Reserve Chairman Alan Greenspan says crypto is “too dependent on the ‘greater fool theory’ to be a desirable investment.” However, he noted that the collapse of crypto exchange FTX was “purely fraud,”...
Bitcoin News / Bitcoin.com - 2 years ago
The host of Mad Money, Jim Cramer, says he expects the U.S. Securities and Exchange Commission (SEC) to do a roundup of crypto firms that are not compliant with regulation. Expecting the SEC “to sweep everything,” Cramer urges investors t...
Bitcoin News / Bitcoin.com - 2 years ago
Following reports that the crypto payments firm Wyre was shutting down operations, CEO Ioannis Giannaros offered a contradicting story, stating that the firm was merely “scaling back.” Wyre has now announced that it is “modifying...
Bitcoin News / Bitcoin.com - 2 years ago
During the last month, Russia’s ruble has dropped 16.48% against the U.S. dollar as energy and commodity prices have slowed over the last few weeks. Russia’s central bank revealed two weeks ago that it is further distancing itself from U.S. dollar de...
Bitcoin News / Bitcoin.com - 2 years ago
Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citing “people familiar with the matter” states that federal prosecutors from New York are scrutinizin...
Bitcoin News / Bitcoin.com - 2 years ago
During the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at block height 770,709. The network recorded a milestone of around 361.20 exahash per second (EH/s) on Friday, jumping more than 4% high...
Bitcoin News / Bitcoin.com - 2 years ago
Ethereum classic was one of the biggest movers to start the weekend, as prices surged to a six-week high. The move saw the token climb by as much as 12%, breaking out of a key resistance level in the process. Polygon also moved higher, as it raced to...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin moved closer to the $17,000 level to start the weekend, as traders continued to react to the latest U.S. nonfarm payrolls data. December’s payrolls came in at 223,000, which was better than the 200,000 markets had expected. Ethereum wa...
Bitcoin News / Bitcoin.com - 2 years ago
Since the beginning of 2023, cryptocurrency miners operating in Kazakhstan are obliged to pay new fees for the power they need to mint digital coins. A surcharge introduced in 2021 now depends on the price of electricity consumed by bitcoin farms and...
Bitcoin News / Bitcoin.com - 2 years ago
As of November 2022, Kenyan fintechs accounted for 30.2% or 93 out of the 308 tracked tech startups, a Disrupt Africa study recently found. In addition, the study findings show that the fintech sub-sector alone accounted for 3,100 or 27% of the 11,46...
