Bitcoin News / Bitcoin.com - 1 year ago
According to sources familiar with the matter, the stablecoin issuer Paxos is cutting 20% of its workforce. This development comes on the heels of Paxos International’s announcement of its yield-bearing stablecoin. Paxos Trims Workforce by 20%...
Bitcoin News / Bitcoin.com - 1 year ago
Openai, the artificial intelligence (AI) company, is considering shifting to a for-profit model, according to The Information. Sam Altman, CEO of the company, is said to be contemplating this decision and taking Openai’s non-profit board out of...
Bitcoin News / Bitcoin.com - 1 year ago
This week at the BTC Prague conference, Deutsche Telekom’s subsidiary T-Systems MMS announced its operation of a Bitcoin node and a Lightning Network node. Deutsche Telekom, Europe’s largest telecommunications provider and the parent co...
Bitcoin News / Bitcoin.com - 1 year ago
Members of the Biden administration are reportedly convening for a bitcoin and blockchain roundtable with American entrepreneur and “Shark Tank” star Mark Cuban. This news comes after presidential candidate Donald Trump vowed to...
Bitcoin News / Bitcoin.com - 1 year ago
A report has found that JPMorgan Chase Bank accounted for a substantial 18% share, or $11.7 billion, of the total $64.2 billion net income reported by all FDIC-insured banks for the first quarter of 2024. This data, highlighted by financial reporters...
Bitcoin News / Bitcoin.com - 1 year ago
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay unveiled a bitcoin mining-centric strategy, Itau Unibanco rolled out crypto trading services for all...
Bitcoin News / Bitcoin.com - 1 year ago
Former U.S. President Donald Trump expressed support for the bitcoin mining industry, advocating for producing the remaining bitcoin in the U.S. to enhance national energy dominance. Vietnam sees increased interest in gold bullion purchases due to fa...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Securities and Exchange Commission’s (SEC) newest surveillance tool, the Consolidated Audit Trail (CAT), has sparked significant concerns among privacy advocates and legal experts, who warn of an unprecedented expansion of government m...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin Ordinals have emerged as a novel way to enhance the functionality and use of Bitcoin, the original cryptocurrency. By leveraging Bitcoin’s blockchain in a new and innovative manner, Ordinals bring unique value propositions and helps to...
Bitcoin News / Bitcoin.com - 1 year ago
According to Juan Otero, CEO of the crypto-native travel booking platform Travala, many mainstream companies that attempted to use non-fungible tokens (NFTs) for customer or user loyalty programs may have seized the opportunity prematurely. Otero arg...
Bitcoin News / Bitcoin.com - 1 year ago
In a series of recent social media posts, American professional boxer Ryan Garcia hinted at the creation of his own meme coin. “Whatever coin I create I will go hard asf,” Garcia stated in one post, indicating his commitment to the projec...
Bitcoin News / Bitcoin.com - 1 year ago
In a significant move towards embracing digital assets, Turkish bank Garanti BBVA has launched a crypto wallet and trading platform, “Garanti BBVA Crypto”. This platform allows customers to trade and store BTC, ETH, and USD Coin...
Bitcoin News / Bitcoin.com - 1 year ago
Malaysia’s Inland Revenue Board (IRB), in collaboration with the Royal Malaysia Police and Cybersecurity Malaysia (CSM), recently launched a special operation codenamed “Ops Token” to tackle tax revenue losses from cryptocurrency tr...
Bitcoin News / Bitcoin.com - 1 year ago
India’s Enforcement Directorate (ED) has conducted searches that uncovered a Ponzi scheme involving cryptocurrency operations and HR Crypto Coin, leading to significant asset seizures and freezing. The coins were part of the scheme, luring peo...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Securities and Exchange Commission (SEC) is now pursuing a $102.6 million penalty from Ripple, a substantial reduction from the nearly $2 billion originally sought. Ripple recently proposed a $10 million penalty, citing the Terraform Labs se...
Bitcoin News / Bitcoin.com - 1 year ago
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to buy bitcoin despite the cryptocurrency’s high prices. “I become frustrated encouraging people to buy bitcoin. I receive so many lame excuses,” he said, empha...
Bitcoin News / Bitcoin.com - 1 year ago
Recent data from the International Monetary Fund (IMF) points to an ongoing decline in the U.S. dollar’s share of allocated foreign reserves held by central banks and governments. Economists explained that reserve managers are attracted to nontraditi...
Bitcoin News / Bitcoin.com - 1 year ago
The Nigerian securities regulator warned residents against investing in a meme coin linked to singer and celebrity Davido. The regulator described the meme coin as a highly risky investment, saying investors who invest in it do so at their own risk....
Bitcoin News / Bitcoin.com - 1 year ago
Google Trends data reveals a consistent increase in search interest for “CBDC,” which stands for central bank digital currency, over the past five years. The term has maintained a score above 20 since August 2022, on a scale of 1 to 100,...
Bitcoin News / Bitcoin.com - 1 year ago
Bloomberg’s senior ETF analyst has updated his spot ethereum exchange-traded fund (ETF) prediction. “We are moving up our over/under date for the launch of spot ether ETF to July 2nd,” he said. This revision follows light comments f...
Bitcoin News / Bitcoin.com - 1 year ago
New York Attorney General Letitia James has secured a $50 million settlement from cryptocurrency exchange Gemini for Earn program investors. This settlement ensures that all defrauded investors will fully recover the assets they invested but were una...
Bitcoin News / Bitcoin.com - 1 year ago
Non-fungible token (NFT) sales increased by 10.95% this week compared to the previous week, marking the second consecutive week of gains. Despite a 76.7% drop in the number of buyers, blockchain-issued digital collectibles achieved $141.73 million in...
Bitcoin News / Bitcoin.com - 1 year ago
Gazzy Garcia, also known as Lil Pump, his professional rapper name, surprised his over 15 million followers on Instagram and X by posting pictures showing two new Solana-themed tattoos. The first featured the stylized name of the Solana blockchain on...
Bitcoin News / Bitcoin.com - 1 year ago
While bitcoin and the broader cryptocurrency market experienced declines over the past three days, The Open Network’s toncoin (TON) hit an all-time high on Saturday morning, reaching $8.25 per unit. TON has climbed into the top ten rankings wi...
Bitcoin News / Bitcoin.com - 1 year ago
The Federal Reserve and Arkansas State Bank Department have mandated sweeping reforms at Evolve Bank & Trust following significant compliance breaches. The order highlights issues in anti-money laundering efforts and consumer protection, especial...
