Bitcoin News / Bitcoin.com - 11 months ago
Scottie Pippen, a former Chicago Bulls’ small forward, 6-time NBA champion, and 2-time Olympic Gold medalist, has announced the tokenization initiative for a historic ball. Pippen alleges that he had saved the ball that started the Chicago Bull...
Bitcoin News / Bitcoin.com - 11 months ago
A federal court has ordered Abner Alejandro Tinoco and his company, Kikit & Mess Investments LLC, to pay over $31 million for forex and cryptocurrency fraud. The order includes $6.2 million in restitution, $6.3 million in disgorgement, and an $18...
Bitcoin News / Bitcoin.com - 11 months ago
According to Josh Neuroth, the Vice President of Product at Quicknode, Layer-2 (L2) scaling solutions known as zero-knowledge (ZK) rollups can potentially solve the most pressing issues in blockchain technology. Hence, the buzz around them is “...
Bitcoin News / Bitcoin.com - 11 months ago
The Swiss regulator, the Financial Market Supervisory Authority (FINMA), recently published guidance on the issuance of stablecoins. The regulator says stablecoins are not only associated with money laundering risks but pose reputational risks for th...
Bitcoin News / Bitcoin.com - 11 months ago
Worldcoin, the biometric, iris-based ID and universal basic income (UBI) project, has been sanctioned with fines for over $200,000 in the Buenos Aires province. The fines answer to several violations of the National Consumer Defense Law, such as the...
Bitcoin News / Bitcoin.com - 11 months ago
Alexander Babakov, Deputy Chairman of the Russian State Duma, highlighted the need to create a BRICS equivalent to the SWIFT messaging system, which routes payments alongside the current banking infrastructure. Babakov emphasized that this new system...
Bitcoin News / Bitcoin.com - 11 months ago
Senator Tim Scott highlighted bitcoin’s potential to democratize finance and improve financial inclusion at the Bitcoin 2024 Conference. He criticized the Biden administration’s approach to digital assets and endorsed efforts to overturn...
Bitcoin News / Bitcoin.com - 11 months ago
U.S. Treasury Secretary Janet Yellen has denied claims by economist Nouriel Roubini and former Trump administration official Stephen Miran that the Treasury manipulated the issuance of securities to lower real borrowing costs. Yellen assured in a Blo...
Bitcoin News / Bitcoin.com - 11 months ago
The last 12 months have been a game-changer for digital assets. In January, more than a decade after Gemini co-founders Cameron and Tyler Winklevoss filed their initial application, the first spot Bitcoin was approved for trading in the United States...
Bitcoin News / Bitcoin.com - 11 months ago
On Saturday, July 27, 2024, the 45th president of the United States spoke to a massive crowd at the Bitcoin 2024 conference in Nashville. The event began with David Bailey, CEO of Bitcoin Magazine, presenting Trump with a 2013 Casascius physical bitc...
Bitcoin News / Bitcoin.com - 11 months ago
The Bank of Zambia has defended its de-dollarization plans but also seeks input from stakeholders who oppose the proposal. The central bank governor clarified that they are not proposing anything new; instead, the bank aims to enforce existing laws d...
Bitcoin News / Bitcoin.com - 11 months ago
The renowned whistleblower Edward Snowden, former CIA and NSA contractor, delivered a powerful speech emphasizing the pitfalls of political allegiance and the privacy concerns surrounding Bitcoin. He urged individuals to participate in voting but war...
Bitcoin News / Bitcoin.com - 11 months ago
The Bitcoin Policy Group has issued a warning to the United Kingdom, advising against the sale of its 61,000 bitcoins. The group argues that maintaining these holdings is crucial for the nation’s economic strategy and future financial stability...
Bitcoin News / Bitcoin.com - 11 months ago
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised significant bitcoin-related changes if elected. On day one of his presidency, he plans to transfer 200,000 bitcoins to the U.S. Treasury and mandate the government to purchase 5...
Bitcoin News / Bitcoin.com - 11 months ago
The price of bitcoin (BTC) increased by 1.9% over the past day, peaking at an intraday high of $69,404 around 9 a.m. EDT on Saturday. Over the last week, BTC has climbed by 3.1% and has risen 16.8% over the past two weeks. Bitcoin’s Upward Mom...
Bitcoin News / Bitcoin.com - 11 months ago
Unlike the U.S. spot ether exchange-traded funds (ETFs), the spot bitcoin ETF equivalents experienced inflows during Friday’s trading session, totaling $51.66 million. Four funds recorded inflows, while Grayscale’s Bitcoin Trust (GBTC)...
Bitcoin News / Bitcoin.com - 11 months ago
U.S. spot ethereum exchange-traded funds (ETFs) experienced negative inflows once again, driven by Grayscale’s Ethereum Trust (ETHE) offloading a substantial $356.26 million on Friday. To date, ETHE has recorded more than $1.5 billion in cumul...
Bitcoin News / Bitcoin.com - 11 months ago
With just three days remaining until its presale ends, the viral WienerAI ($WAI) token has already raised over $8 million. Now, as the countdown begins, a new flood of investors is pouring in, hoping to grab $WAI tokens at a discount before the immin...
Bitcoin News / Bitcoin.com - 11 months ago
Indian cryptocurrency exchange Wazirx is implementing a socialized loss strategy to distribute the impact of the recent $230 million cyberattack among all its users. The exchange stated that 55% of users’ crypto assets will be accessible, while...
Bitcoin News / Bitcoin.com - 11 months ago
Over the past week, non-fungible token (NFT) sales experienced a 7.59% rise, with $108.59 million in transactions finalized during the last seven days. Ethereum topped NFT sales for the week, generating $32.59 million, a 5.95% increase. NFT Market Ga...
Bitcoin News / Bitcoin.com - 11 months ago
Over recent weeks, Bitcoin.com News has been covering prediction markets linked to the U.S. election. Our newsdesk also tested various artificial intelligence (AI) chatbots to forecast the prices of bitcoin, gold, and ethereum by the end of 2024. In...
Bitcoin News / Bitcoin.com - 11 months ago
Senator Elizabeth Warren has called for stricter regulations to address the risks of foreign-owned cryptocurrency mining facilities in the U.S. She highlighted the environmental and national security threats, especially from Chinese-owned operations,...
Bitcoin News / Bitcoin.com - 11 months ago
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Bitcoin News / Bitcoin.com - 11 months ago
Bangko Sentral ng Pilipinas (BSP) plans to introduce its wholesale central bank digital currency (CBDC) by 2029. The Philippine central bank’s CBDC initiative is near its proof-of-concept completion. “This is an innovative payment instrum...
Bitcoin News / Bitcoin.com - 11 months ago
According to the latest Global System for Mobile Communications (GSMA) study report, the success of artificial intelligence (AI) in Africa hinges largely on the availability of local language data and addressing the AI skills gap. The report urges Af...
