Bitcoin News / Bitcoinist - 2 years ago
As the FTX bankruptcy case continues, the administrators continue to discover critical issues that could have led to the crash. Recall that the founder and CEO Sam Bankman-Fried mismanaged the customers’ funds leading to the exchange crash last year....
Bitcoin News / Bitcoinist - 2 years ago
The U.S.-based non-profit Blockchain Association (BA) requested information from regulators in the country about an alleged de-banking of crypto companies. Over the past months, the sector has seen some of its most prominent actors lose access to acc...
Bitcoin News / Bitcoinist - 2 years ago
While cryptocurrency gains mainstream adoption across sectors, some traditional financial institutions are beginning to accept it. A recent report revealed that a new Zurich-based fintech, Grow Bank, plans to integrate crypto and fiat currency into i...
Bitcoin News / Bitcoinist - 2 years ago
The Arbitrum Foundation has announced the launch of its new token under the ticker ARB, which will go live on March 23. With a $300 million ARB distribution, The ARB token will allow holders to vote on changes to the Ethereum layer 2 network. Arbitr...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows the total number of Bitcoin addresses has seen rapid growth recently, a sign that adoption may be accelerating. Bitcoin Total Addresses Have Grown By 3.95% During The Last Two Months According to data from the on-chain analytics f...
Bitcoin News / Bitcoinist - 2 years ago
The crypto space is still buzzing with the latest crypto attack on the decentralized lending protocol, Euler Finance. The exploit, which took place on March 13, saw the platform lose about $196 million worth of crypto assets. The hacker preyed on sof...
Bitcoin News / Bitcoinist - 2 years ago
United States Congressman Tom Emmer, the majority whip of the House of Representatives, has once has reiterated his concerns, saying that the federal government is using the recent banking crisis as an excuse for its unjust crackdown on crypto. Emmer...
Bitcoin News / Bitcoinist - 2 years ago
Formfunction, the one-on-one NFT marketplace based on the Solana blockchain, announced its plans to shut down the platform amid NFT’s trading volume and prices slump. The digital firm announced on March 15, without pointing to the exact reason,...
Bitcoin News / Bitcoinist - 2 years ago
Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX, is looking to tap into the company’s director and officer liability insurance to cover his mounting legal expenses, according to court documents filed on Wednesday. Lawyers repr...
Bitcoin News / Bitcoinist - 2 years ago
While the US Securities and Exchange Commission’s (SEC) case against Ripple Labs continues to await a ruling by the judge in charge of the Southern District Court of New York, the fintech company may have received a winning argument from the ju...
Bitcoin News / Bitcoinist - 2 years ago
The Reserve Bank of India (RBI) has formed a partnership with the Central Bank of the United Arab Emirates (CBUAE) to further the development of central bank digital currencies (CBDCs) in their respective nations. India Collaborates with UAE To Expl...
Bitcoin News / Bitcoinist - 2 years ago
The Ethereum Shanghai Upgrade is inching closer to reality as developers announce that the hard fork is undergoing rigorous testing on the Goerli public testnet. This upgrade marks the next phase in Ethereum’s evolution, following its successf...
Bitcoin News / Bitcoinist - 2 years ago
The Shiba Inu community is facing a potentially huge scandal. Did the developers copy the code for Shibarium from another blockchain? After the beta version of Shibarium was released a few days ago, more technical details such as the Chain ID, RPC no...
Bitcoin News / Bitcoinist - 2 years ago
Binance, the world’s largest cryptocurrency exchange by trading volume, has temporarily halted deposit and withdrawal services for its customers in the United Kingdom using bank transfers and card payments. The move comes in response to the de...
Bitcoin News / Bitcoinist - 2 years ago
Data from Glassnode has revealed that the Bitcoin supply is gradually dispersing from whales and exchanges to smaller hands with time. Bitcoin Supply Is Slowly Showing Dispersal Towards Smaller Holders According to a new report published by the on-ch...
Bitcoin News / Bitcoinist - 2 years ago
Almost half a billion SHIB tokens have been removed from circulation in 24 hours, spiking its burn rate. According to data from Shibburn, approximately 455 million Shiba Inu tokens have been burned in the last 24 hours, a 1,322.79% rise in burn rate...
Bitcoin News / Bitcoinist - 2 years ago
No doubt the crypto environment has seen major headlines impacting the market in several ways over the past few weeks. However, the latest headline today has raised more curiosity and questions among the community pondering the whale’s next move give...
Bitcoin News / Bitcoinist - 2 years ago
Per several reports, Chinese billionaire Guo Wengui was arrested by the U.S. Federal Bureau of Investigation (FBI) for his alleged participation in a multi-million dollar crypto fraud. Wengui is one of the many Chinese billionaires forced to leave th...
Bitcoin News / Bitcoinist - 2 years ago
Stablecoins have become an integral part of the multiple developments and improvements that are ongoing in the crypto sphere and cryptocurrency networks are not the only systems executing new developments in the digital currency space. Some banks ar...
Bitcoin News / Bitcoinist - 2 years ago
One of the reasons regulators frown at crypto transactions is anonymity. For instance, with crypto mixers such as Tornado Cash, crypto users can send and receive money without compromising their personal information. Unfortunately, this system also...
Bitcoin News / Bitcoinist - 2 years ago
One of the largest crypto-focused cybercriminal organizations known in the underworld, Chipmixer, has been shut down in a joint effort by German and U.S. authorities. According to a Europol press release, the investigation was also supported by Belgi...
Bitcoin News / Bitcoinist - 2 years ago
Crypto.ro, Romania’s leading cryptocurrency and blockchain media platform, just announced it is hosting the much-awaited “The Alliance” conference in Timișoara. This prestigious conference is scheduled for September 21, 2023, at th...
Bitcoin News / Bitcoinist - 2 years ago
Signature Bank is facing scrutiny from the U.S. Department of Justice over potential shortcomings in its efforts to thwart money laundering, according to insiders familiar with the matter cited in a Bloomberg report on Wednesday. The investigations...
Bitcoin News / Bitcoinist - 2 years ago
Meta, like many others, have been hit by the global pandemic that pushed many world economies backward. For instance, the United States GDP fell by 8.9%, and even the country’s imports exceeded its exports as demand from firms and consumers hei...
Bitcoin News / Bitcoinist - 2 years ago
As the current Bitcoin halving cycle continues to advance, here’s what the previous cycles looked like at similar points in their lifespan. The latest Bitcoin Cycle Recently Passed The 150,000 Blocks Milestone A “halving” is a perio...
