Bitcoin News / Bitcoin.com - 1 year ago
The former FTX CEO Sam Bankman-Fried (SBF) says he plans to speak with Andrew Ross Sorkin at the annual New York Times Dealbook Summit on Nov. 30, according to a tweet he published on Nov. 23. SBF’s tweet received quite a bit of response and its unco...
Bitcoin News / Bitcoin.com - 1 year ago
Chainlink rallied to a 12-day high earlier in today’s session, as the token neared the $7.00 level. The move comes as prices rose for a fourth straight session, climbing by over 5% on Thursday. Solana has been another notable gainer, as prices closed...
Bitcoin News / Bitcoin.com - 1 year ago
Lawmakers in Russia are drafting legislation that would allow the establishment of a “national cryptocurrency exchange,” local media unveiled. Coins now circulate outside of government oversight and the Russian state is losing budget revenues in the...
Bitcoin News / Bitcoin.com - 1 year ago
Ethereum moved back above $1,200 on Thursday, as markets continued to react to the latest Federal Open Market Committee (FOMC) minutes. Yesterday’s report hinted that the U.S. Federal Reserve could pivot to smaller interest rate increases &...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. The EU-funded web3 startup Data Lake has launched the world’s first medical data donation system, based on Distributed Ledger Technology and with a novel incentives mechanism that rewards people for their medical data altruism called “...
Bitcoin News / Bitcoin.com - 1 year ago
New data has shown that as many as 6,100 crypto and bitcoin automated teller machines were installed in the first eleven months of 2022. The latest figure is approximately three times less than the ATMs that were installed in 2021. The data shows tha...
Bitcoin News / Bitcoin.com - 1 year ago
A well-regulated African cryptocurrency market is needed in order to protect users as well as help countries stop bad actors from using digital assets to circumvent capital controls, the latest post on the IMF blog has said. The blog post reiterated...
Bitcoin News / Bitcoin.com - 1 year ago
For most retail investors, trading has traditionally been a solitary exercise, making the barrier to entry relatively high. Information regarding trading instruments and market conditions can often be hard to come by or, at other times, too complex f...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. authorities have seized seven domains used in “pig butchering” cryptocurrency schemes. “Once the money is sent to the fake investment app, the scammer vanishes, taking all the money with them, often resulting in significant los...
Bitcoin News / Bitcoin.com - 1 year ago
A Ripple executive says there is one important lesson from the meltdown of crypto exchange FTX that he “can say with total confidence will not be learned.” The executive added: “Regulation that punishes after the fact...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. Congressman Tom Emmer says the FTX meltdown is not a crypto failure but a failure with SEC Chairman Gary Gensler, former FTX CEO Sam Bankman-Fried, and centralized finance. “We need to get to the bottom of this. We need to understand why G...
Bitcoin News / Bitcoin.com - 1 year ago
On Tuesday, amid the many conversations concerning crypto exchange proof-of-reserves, Kraken executive Jesse Powell shared a screenshot of coinmarketcap.com’s newly launched proof-of-reserves (POR) dashboard. Powell said he planned to be “more assert...
Bitcoin News / Bitcoin.com - 1 year ago
The Dubai Multi Commodities Centre (DMCC) has announced a new partnership with the firm Comtech Gold in order to digitize gold trading. The DMCC said the tokenized precious metals are backed by DMCC Tradeflow-registered gold bars, and each tokenized...
Bitcoin News / Bitcoin.com - 1 year ago
A 6-year veteran of the crypto industry, Andrew Weiner serves as the Vice President of MEXC Global. As the former executive of RegTech and digital identity pioneer iComplyKYC, he worked with notable brands that include Thomson Reuters, ComplyAdvantag...
Bitcoin News / Bitcoin.com - 1 year ago
On Tuesday, the attorneys representing FTX told the court that a “substantial amount of assets have either been stolen or are missing” and further stressed to the bankruptcy court that FTX executives left the lawyers James Bromley and Sullivan Cromwe...
Bitcoin News / Bitcoin.com - 1 year ago
Litecoin extended recent gains on Nov. 23, with the token climbing to its highest point since May. The move saw prices climb by nearly 20% in today’s session, and comes ahead of this afternoon’s Federal Open Market Committee (FOMC) minu...
Bitcoin News / Bitcoin.com - 1 year ago
Following the significant amount of criticism directed at mainstream media publications for a lack of journalistic integrity while reporting on FTX executives, Tesla’s executive Elon Musk called out the news website Semafor because the former FTX CEO...
Bitcoin News / Bitcoin.com - 1 year ago
A moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be able to expand or renew their permits for the next two years as a r...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin moved back above $16,000 on Nov. 23, as markets continued to react to the news that Coinbase holds 2 million bitcoin worth $39.9 billion. Centralized exchanges continue to face scrutiny following the collapse of FTX, with many moving to showc...
Bitcoin News / Bitcoin.com - 1 year ago
Law enforcement officers from Estonia and the United States have arrested two men for allegedly committing a large-scale cryptocurrency fraud. The Estonian nationals, who ran a crypto mining service and a fake virtual currency bank, laundered their p...
Bitcoin News / Bitcoin.com - 1 year ago
What is BUSD? Recently, there have been many questions about the safety and soundness of products in the crypto space. There have been many questions about stablecoins in general, so this piece is intended as an explanation of BUSD.
First and foremos...
Bitcoin News / Bitcoin.com - 1 year ago
According to a capital markets amendment bill reportedly sponsored by Kenyan lawmaker Abraham Kirwa, cryptocurrency holders in the country will be obliged to pay taxes on gains. In addition, the bill (if passed into law) would require crypto holders...
Bitcoin News / Bitcoin.com - 1 year ago
Crypto exchange and custody platform Bitpanda announced on Nov. 22 that it had received a crypto trading license from Germany’s Federal Financial Supervisory Authority. According to Bitpanda, securing a license means it has become the “fi...
Bitcoin News / Bitcoin.com - 1 year ago
Digital asset mining and staking firm Foundry has agreed to purchase two “turnkey” bitcoin mining facilities from Compute North, a bitcoin miner that filed for Chapter 11 bankruptcy protection on Sept. 22, 2022. Foundry says the...
Bitcoin News / Bitcoin.com - 1 year ago
Bitpreco, a Brazilian cryptocurrency exchange, has decided to extend its functionality to offer banking services through a new platform called Bitybank. The company, which will also open payment and digital account services, plans to attract users to...