Bitcoin News / Bitcoin.com - 9 months ago
Non-fungible tokens (NFTs) had quite the boost this week, with sales climbing by 7.33% compared to the previous one, totaling $77.13 million. The number of NFT sellers skyrocketed by 95.68%, while buyers surged 137.48%, giving the market a noticeable...
Bitcoin News / Bitcoin.com - 9 months ago
In the past month, the stablecoin market has kept its upward momentum, with four out of the top five U.S. dollar-pegged tokens increasing in supply. Since Sept. 15, the stablecoin economy has expanded by $1.04 billion, all within just six days. Tethe...
Bitcoin News / Bitcoin.com - 9 months ago
On Friday, Sept. 20, 2024, blockchain detectives were left stunned when five dormant bitcoin wallets from 2009 suddenly became active. In a fascinating twist, exactly nine years earlier on Sept. 20, 2015, a single block reward from 2009 was spent, wi...
Bitcoin News / Bitcoin.com - 9 months ago
Bingx said it has resumed withdrawals for “mainstream” cryptocurrencies including bitcoin, tether and ethereum among others. However, the exchange has warned of potential delays due to security reviews. The crypto exchange said...
Bitcoin News / Bitcoin.com - 9 months ago
The Youtube channel of India’s Supreme Court was compromised, promoting a scam involving XRP cryptocurrency instead of its usual live hearings. The breach temporarily shut down the channel, but services resumed later that day. Ripple CEO Brad...
Bitcoin News / Bitcoin.com - 9 months ago
Sangmin Seo, chairman of the Kaia DLT Foundation, asserts that China’s crackdown on the crypto industry, which led to its loss of dominance in bitcoin mining, has resulted in the decentralization of Asia’s crypto infrastructure. He adds t...
Bitcoin News / Bitcoin.com - 9 months ago
A woman has been sentenced to over eight years in prison after her murder-for-hire plot using bitcoin fell apart. Melody Sasser attempted to use the dark web to hire a hitman to kill an Alabama resident. She paid nearly $10,000 in cryptocurrency and...
Bitcoin News / Bitcoin.com - 9 months ago
Bitwise, a crypto index fund and ETF provider, believes that ethereum has the fundamentals needed to recover from its bad price performance compared to currencies like bitcoin. Bitwise CIO Matt Hougan compared Ethereum with Microsoft, stating that wh...
Bitcoin News / Bitcoin.com - 9 months ago
William Koo Ichioka has been ordered to pay over $36 million after admitting to a forex and digital asset fraud scheme. His scam, which started in 2018, involved falsifying financial documents and misusing investor funds for personal luxuries like ca...
Bitcoin News / Bitcoin.com - 9 months ago
A Nigerian national has been sentenced to five years in federal prison for his role in a massive darknet fraud scheme that intended to cause over $6 million in losses, according to the U.S. Department of Justice (DOJ). Using various online aliases, K...
Bitcoin News / Bitcoin.com - 9 months ago
India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing. In a joint assessment with regional bodies, the FATF praised India’...
Bitcoin News / Bitcoin.com - 9 months ago
JPMorgan Chase sees the possibility of the Federal Reserve making another significant rate cut in November, possibly by 50 basis points. The bank, which predicted this week’s half-point cut, believes further reductions are likely if the job mar...
Bitcoin News / Bitcoin.com - 9 months ago
According to information from the Salvadoran Ministry of Foreign Affairs, Compass Coffee, a U.S.-based coffee company, has completed an international purchase of Salvadoran coffee using bitcoin. Jorge Cruz, the Salvadoran counterpart in this transact...
Bitcoin News / Bitcoin.com - 9 months ago
The U.S. Securities and Exchange Commission (SEC) has granted approval for the listing and trading of options on the Ishares Bitcoin Trust (IBIT), a product by Blackrock. This decision introduces a new financial instrument aimed at providing investor...
Bitcoin News / Bitcoin.com - 9 months ago
The gold bull rally continued this Wednesday, as prices in COMEX reached all-time highs, surpassing $2,625 per ounce. Prices slingshotted up after the Federal Reserve announced larger interest rate cuts than some economists expected, lowering the rat...
Bitcoin News / Bitcoin.com - 9 months ago
Real-world-asset (RWA) tokenization infrastructure provider Securitize has chosen Wormhole as its official interoperability provider to facilitate cross-chain transfers for all tokenized assets on its platform. The partnership aims to enhance liquidi...
Bitcoin News / Bitcoin.com - 9 months ago
This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860 terahash per second (TH/s). To put that in perspective, this new rig churns out 81.81% more hashpower than its predecessor,...
Bitcoin News / Bitcoin.com - 9 months ago
According to the latest figures, bitcoin exchange-traded funds (ETFs) brought in $158.21 million in inflows on Thursday, while ether ETFs saw $5.24 million in deposits. Bitcoin, Ether ETFs Show Positive Inflows as Reserves Climb Leading the charge on...
Bitcoin News / Bitcoin.com - 9 months ago
Cathedra Bitcoin Inc. has unveiled a non-brokered private placement aimed at raising up to C$2.5 million ($1.85 million). The funds will be used for bitcoin purchases, infrastructure expansion, and general corporate needs. Cathedra Bitcoinโs Bold Pri...
Bitcoin News / Bitcoin.com - 9 months ago
The AI-powered sleuth Spot On Chain dropped a bombshell on X today: the Ethereum Foundation just offloaded 300 ETH, pocketing a cool 763,092 DAI. “Overall, since the beginning of September, the Ethereum Foundation has sold 950 ETH ($2.27M)...
Bitcoin News / Bitcoin.com - 9 months ago
This week’s meme coin rally continues to impress investors. Pepe (PEPE) just saw another 10% increase, showing it can still produce double-digit gains. At the same time, Pepe Unchained (PEPU) has just passed $14 million in presale. Clearly, fr...
Bitcoin News / Bitcoin.com - 9 months ago
Asian crypto exchange Bingx suffered a hacking attack, leading to a suspension of withdrawals and an estimated loss of $52 million. Bingx claims the stolen amount is minimal because it primarily stores users’ assets in cold wallets, which were...
Bitcoin News / Bitcoin.com - 9 months ago
Microstrategy, led by Michael Saylor, has just completed a billion-dollar private offering before acquiring 7,420 bitcoin for approximately $458.2 million at an average price of $61,750 per coin. The company now holds 252,220 bitcoin, purchased for r...
Bitcoin News / Bitcoin.com - 9 months ago
Microstrategy has revealed plans to acquire additional bitcoin after completing a $1.01 billion offering of convertible senior notes. This move comes as part of the company’s ongoing strategy to use proceeds from debt and equity financing to a...
Bitcoin News / Bitcoin.com - 9 months ago
Bitget has seen a significant increase in African users, driven by factors like copy trading popularity and the growth of the TON ecosystem. The exchange has focused on user education and accessibility to attract users in the region. Bitget Wallet ha...