Bitcoin News / Bitcoinist - 2 years ago
Could China’s sentiment around crypto be a turning tide? A move from Tencent Cloud this week could certainly suggest so. An unexpected investment in web3-related tools will hit the market from Tencent Cloud’s team, positioning the Chinese...
Bitcoin News / Bitcoinist - 2 years ago
Immutable, Australia’s largest crypto gaming startup known for the NFT trading card game Gods Unchained, has disclosed that it will let go 11% of its total workforce, despite having already announced terminations middle of last year.
According...
Bitcoin News / Bitcoinist - 2 years ago
As the NFT market has continued to increase adoption, bad actors have also grown to prey on the developing market. Earlier today, the Crypto wallet ZenGo security team released a dashboard aimed at helping investors detect, track and monitor potentia...
Bitcoin News / Bitcoinist - 2 years ago
The flagship hot wallet, MetaMask, is adding network and bridge support for two new major networks this week, according to an official announcement on Wednesday. Optimism and Arbitrum, two growing networks in the crypto ecosystem, are now supported o...
Bitcoin News / Bitcoinist - 2 years ago
The Bitcoin mining industry reached a significant milestone today as it celebrates ten years since the launch of the first application-specific integrated circuit (ASIC). This specialized BTC mining hardware forever changed how this blockchain and it...
Bitcoin News / Bitcoinist - 2 years ago
Last week, the NFT and crypto space was lit with activity when NFT marketplace Blur announced what it said was Season 1 of its token airdrop. A total of 360 million BLUR tokens were airdropped to active participants on the platform, with the highest...
Bitcoin News / Bitcoinist - 2 years ago
The ongoing market turmoil caused by the FTX and Terra collapse has led many crypto companies to close up shop. CoinShares, Europe’s largest investment and trading platform, is among the companies suffering catastrophic effects of FTX implosion...
Bitcoin News / Bitcoinist - 2 years ago
According to a new report from Fox Business, US-based stock exchange IEX is in discussions with Coinbase to potentially create a fully regulated cryptocurrency platform.
The plans first involved the now bankrupt FTX and the exchange’s frontman Sam B...
Bitcoin News / Bitcoinist - 2 years ago
The United States Securities and Exchange Commission (SEC) has been cracking down on some prominent crypto firms. The regulator tackled Binance and Kraken crypto exchanges within a very short period.
It closed Kraken’s staking services and iss...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin spot trading volumes have hit a new yearly high in the past week as the price of the cryptocurrency has taken a volatile turn.
Bitcoin Spot Trading Volume Has Hit A New High For 2023
As per the latest weekly report from Arcane...
Bitcoin News / Bitcoinist - 2 years ago
A report from a web3 security company, CertiK, revealed that an Arbitrum-based DeFi (decentralized finance) project for stablecoins, Hope Finance, lost $2 million to scammers. Furthermore, the report revealed that the culprits secretly removed this a...
Bitcoin News / Bitcoinist - 2 years ago
The Chinese government is seemingly not against Hong Kong’s aspiration to become a crypto hub. This contradicts Beijing’s stance on matters regarding digital currencies in the mainland.
Before now, Hong Kong reported its move to regulate...
Bitcoin News / Bitcoinist - 2 years ago
Elon Musk continues to be one of the biggest factors influencing the Dogecoin price, as the Twitter CEO proved once again today. Musk made an apparent joke by writing, “High time I confessed I let the Doge out.” He also shared an image wi...
Bitcoin News / Bitcoinist - 2 years ago
The creators of Friendsies, a collection of non-fungible tokens (NFTs), have come under a barrage of criticisms after they announced a “pause” in the project’s operations and subsequently deleted their Twitter account.
Some have spe...
Bitcoin News / Bitcoinist - 2 years ago
The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is widely considered the most important precedent for the crypto industry. If SEC Chairman Gary Gensler and his agency prevail in the case, the crypto industry...
Bitcoin News / Bitcoinist - 2 years ago
Artificial intelligence-related investment scams have been all over the news recently. Hundreds of new cryptocurrencies referred to as ChatGPT “tokens” are surfacing on a variety of blockchain networks, news reports disclose.
Clearly, sca...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin is a lot of things to many people — digital gold, a speculative investment, a tech experiment, a decentralized replacement for fiat money, etc.
But being compared to a central bank is likely the last thing the cryptocurrency’s creator Satosh...
Bitcoin News / Bitcoinist - 2 years ago
The bull market could be very close given the recent momentum in the crypto market and investors are no doubt beginning to pitch their tents with their top choices. XRP, Cardano (ADA), and Polygon (MATIC) are no doubt some of the top picks for invest...
Bitcoin News / Bitcoinist - 2 years ago
According to a Reuters report, Paxos, the first regulated blockchain infrastructure platform behind Binance’s stablecoin BUSD, is in ongoing discussions with the Securities Exchange Commission (SEC) following the regulatory crackdown on this in...
Bitcoin News / Bitcoinist - 2 years ago
The NBA’s Detroit Pistons made a splash at the trade deadline, securing 2020’s #2 draft pick James Wiseman as part of a 4-team trade. Wiseman had a nice showing in his Pistons’ debut, and now the team is back with a new announcement...
Bitcoin News / Bitcoinist - 2 years ago
Via an official announcement on their social media account, the founder of Solana Spaces, Vibhu, announced that their physical stores in New York and Miami would close. The decision will come into effect by the end of February 2023.
The Solana Spac...
Bitcoin News / Bitcoinist - 2 years ago
Polygon Three Indian entrepreneurs founded Polygonondary scaling solution provider for the Ethereum blockchain. Blockchain startup Polygon, based in India, plans to lay off 20% of its workforce. Sandeep Nailwal, a co-founder of Polygon, recently ment...
Bitcoin News / Bitcoinist - 2 years ago
According to a press release shared with Bitcoinist, big tech giant Microsoft partnered with Ankr Network to launch a hosting service. The product will allow companies to access blockchain data via a “reliable, easy-to-use” platform.
Microsoft Ne...
Bitcoin News / Bitcoinist - 2 years ago
The crypto space is experiencing increasing tension as United States regulators intensify their regulatory approaches. Some of their recent enforcement actions include a stop order mandate on crypto token issuers, a Wells Notice to some exchanges, a...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin supply older than 1 year has hit an all-time high, showing that the asset’s diamond hands are holding strong through the rally.
Bitcoin Long-Term Holders Don’t Budge Despite The Rally
According to the latest weekly...