Bitcoin News / Bitcoin.com - 8 months ago
The Central Bank of Brazil propped up tokenization and “open finance” as key elements of the future’s financial system. In a panel presentation before the IMF and the World Bank, the bank’s president stated that the intersecti...
Bitcoin News / Bitcoin.com - 8 months ago
On Friday, Oct. 25, 2024, Bitcoinâs network hashrate climbed to a new all-time high, reaching 736.81 exahash per second (EH/s)âa milestone unmatched in the networkâs history. Bitcoinâs Hashrate Hits Historic High â How Close Are We to the Zettahash E...
Bitcoin News / Bitcoin.com - 8 months ago
Early on Oct. 26, the U.S. dollar value of Essence Finance’s decentralized stablecoin, CHI, plunged by more than 90% after rumors emerged that more than $20 million of collateral had been removed. According to Geckoterminal data, the value of t...
Bitcoin News / Bitcoin.com - 8 months ago
Based on Dune Analyticsâ latest figures, the prediction market Polymarketâs October volume has soared to over three times what it was in September. Polymarket Continues to Hit All-Time Highs In the lead-up to the 2024 U.S. election between former Pre...
Bitcoin News / Bitcoin.com - 8 months ago
This editorial is from last weekâs edition of the newsletter Week in Review. Subscribe to the weekly newsletter to get the editorial the second itâs finished. Polymarket, Traditional Markets, and Crypto Markets Are Predicting a Trump Victory A widely...
Bitcoin News / Bitcoin.com - 8 months ago
Indictments reveal how eight Chinese firms used cryptocurrency to obscure profits from illegal chemical sales. US Indicts Chinese Firms Using Cryptocurrency in Illicit Trade The U.S. Department of Justice (DOJ) has unsealed indictments against eight...
Bitcoin News / Bitcoin.com - 8 months ago
BRICS has condemned Western economic dominance and currency control tactics, accusing the West of using reserve currencies as âweaponsâ to maintain its monopoly. BRICS Says No to Western Monopoly, Criticizes Currency Control Strategies Russiaâs Deput...
Bitcoin News / Bitcoin.com - 8 months ago
The U.S. has accused a businessman of running an unlicensed cryptocurrency operation that allegedly enabled secretive “off-the-books” transactions. Unlicensed Crypto Transactions: Businessman Christopher Scanlon Indicted on Federal Charge...
Bitcoin News / Bitcoin.com - 8 months ago
The Russian Finance Minister offered insight into the inner workings of the new BRICS payment system at the recent summit held in Kazan. Anton Siluanov stated that the modern system will take digital financial assets into account and will be able to...
Bitcoin News / Bitcoin.com - 8 months ago
On Friday, South Koreaâs finance ministry announced plans to regulate cross-border transactions of virtual assets, including cryptocurrency, starting in the second half of 2025. The new regulations will mandate that businesses engaged in cross-border...
Bitcoin News / Bitcoin.com - 8 months ago
Russiaâs push for a BRICS payment system is gaining traction, with partners endorsing the plan to counter an âoutdated, expensive, and ineffectiveâ global framework. BRICS Partners Support Russia’s Plan for a New Payment System Russian Deputy F...
Bitcoin News / Bitcoin.com - 8 months ago
Binance relaunches Binance Connect as a fiat-to-crypto gateway, streamlining Web3 transactions and driving global digital asset adoption. Binance Connect Relaunches as a Fiat-Crypto Gateway for Web3 Adoption Crypto exchange Binance announced the rela...
Bitcoin News / Bitcoin.com - 8 months ago
Ripple has filed a cross-appeal against the SEC, with its legal chief insisting that XRP’s non-security status remains untouchable due to strict court review limits. Ripple’s Legal Battle With SEC Over XRP Continues Ripple’s chie...
Bitcoin News / Bitcoin.com - 8 months ago
Fireblocks, a provider of blockchain infrastructure, has announced a $1 million grant program with Paxos, aimed to foster broader use of paypal usd (PYUSD). Fireblocks Launches $1M Grant Progam With Paxos Following what the firm describes as a âsucce...
Bitcoin News / Bitcoin.com - 8 months ago
This week, Bitdeer (Nasdaq: BTDR), a publicly listed firm in bitcoin mining and rig production, unveiled its latest product: the Sealminer A2. Bitdeer claims this machine clocks in at an impressive 226 terahash per second (TH/s) with a sleek energy e...
Bitcoin News / Bitcoin.com - 8 months ago
Bitcoin’s price danced through a roller-coaster ride on Friday, hitting an intraday high of $68,700 before plunging to a 24 hour low of $65,853. Speculation Unsettles Bitcoin Market – Are We in for More? The dip came right after the Wal...
Bitcoin News / Bitcoin.com - 8 months ago
On Thursday, spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) enjoyed positive inflows during the day’s trading. Crypto ETF Inflows Jump The spot crypto ETFs managed to land in positive territory on Oct. 24. Across 12 bitcoin ET...
Bitcoin News / Bitcoin.com - 8 months ago
At the third annual Plan âż Forum in Lugano, Switzerland, a statue dedicated to Bitcoin creator Satoshi Nakamoto was unveiled as a symbolic gesture to honor decentralization and financial sovereignty. Plan âż Forum Unveils Nakamoto Tribute Statue The e...
Bitcoin News / Bitcoin.com - 8 months ago
According to an exclusive report by the Wall Street Journal, the U.S. federal government is allegedly examining the cryptocurrency and stablecoin company Tether for potential breaches of sanctions and anti-money-laundering regulations, according to u...
Bitcoin News / Bitcoin.com - 8 months ago
On Oct. 25, a long-dormant bitcoin wallet from June 5, 2012—12 years and 4 months old—sprang back to life, moving 399 BTC. 12-Year-Old Wallet Transfers 399 BTC—Tied to the 2011 Bitcoin Whale This month has captivated many as seve...
Bitcoin News / Bitcoin.com - 8 months ago
According to blockchain explorer firm Arkham Intelligence, a significant portion of the U.S. government’s allegedly seized crypto has made its way back. Sudden Shift in Seized Crypto Sparks Questions on U.S. Government Wallet Security Yesterda...
Bitcoin News / Bitcoin.com - 8 months ago
Microsoft’s board is urging shareholders to reject a proposal examining bitcoin as a treasury diversification asset. Bitcoin in Microsoft’s Treasury? The Proposal Sparking Debate This week, speculation around Microsoft’s Dec. 10...
Bitcoin News / Bitcoin.com - 8 months ago
In a lively exchange on Fox & Friends this week, former U.S. President Donald Trump floated an intriguing idea: doing away with income taxes entirely. ‘There is a Way’: Trump’s Nostalgic Call for Ending Income Taxes During the t...
Bitcoin News / Bitcoin.com - 8 months ago
Tether is reportedly seeking to expand its operations into tokenization markets in Turkey. According to sources familiar with the matter, the company is in talks to revamp the country’s boron markets by utilizing tokenization and establishing...
Bitcoin News / Bitcoin.com - 8 months ago
Russian banks, particularly smaller ones, are unhappy about the high cost (between $1.25 million and $2 million) of integrating with the central bank’s digital ruble platform. This cost is seen as prohibitive for many banks, exceeding their IT...
