Category : Bitcoin.com

Bitcoin.com

Blackrock’s IBIT Nears Grayscale’s GBTC in Bitcoin Reserves

According to the latest statistics, U.S. spot bitcoin exchange-traded funds (ETFs) experienced ten consecutive days of positive inflows. Notably, during a third of those days, Grayscale’s Bitcoin Trust (GBTC) faced outflows and neutral activit...

TRON Network Officially Supported By LayerZero

PRESS RELEASE. Geneva, Switzerland, May 28, 2024 – The TRON DAO has officially announced LayerZero support for the TRON blockchain, making TRON the second non-EVM chain to be integrated into LayerZero’s cross-chain interoperability prot...

‘Spraying’ Naira Notes Causes Depreciation, Warns Nigerian Anti-Graft Body

The Economic and Financial Crimes Commission (EFCC) has issued a warning against the practice of spraying naira notes at social events, emphasizing that it diminishes the dignity of the currency. In a recent post on its official X page, the Nigerian...

UK Digital Bank Blocks Clients From Performing Crypto Transactions

The London-based digital bank Kroo has barred its clients from engaging in cryptocurrency transactions, joining other U.K.-based banks in this decision. The bank cites the increasing cases of online fraud incidents involving cryptocurrencies as the r...

South Korean Bitcoin Premium Rises to 2.23% Amid Market Volatility

This week, bitcoin’s price briefly exceeded $70,000 per coin before declining after the movement of Mt Gox bitcoins, yet the premium for bitcoin in South Korea has significantly increased. Having fallen below the 1% range, the premium on South...

Artdollar (AD) Is Now Available for Trading on LBank Exchange

PRESS RELEASE. Road Town, BVI, May 28, 2024 – In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of Artdollar (AD) on May 28, 2...

Solana Passes Proposal to Assign 100% of Priority Fees to Validators

Solana validators have voted to pass Solana Improvement Document number 96 (SIMD-0096), which proposes that 100% of priority transaction fees will be awarded to validators. This breaks the current model that passes only 50% of these funds to validato...

Former FTX Executive Ryan Salame Sentenced to 7.5 Years for Criminal Charges

Former FTX executive Ryan Salame was sentenced to seven and a half years in prison by Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York after pleading guilty to criminal charges, including engaging in an unlawful pol...

Bitcoin Hashrate Hits Record High, Surpasses Pre-Halving Levels

Bitcoin’s hashrate has rebounded to the historic highs seen just before the fourth reward halving event. According to the seven-day simple moving average, the network’s hashrate reached a record 657 exahash per second (EH/s) this week....

Dogwifhat and Bonk Prices Pull Back But Sealana Presale Hits $3M Mark

It’s been another volatile 24 hours in the meme coin market. Dogwifhat (WIF) and Bonk (BONK) have cooled off from their recent rallies as traders opted to take profits. Meanwhile, the new seal-themed token Sealana (SEAL) is in the spotlight after pas...

Medical Tech Firm Semler Scientific Invests in Bitcoin, Acquires 581 BTC

On Tuesday, the publicly traded medical technology firm Semler Scientific announced its decision to allocate bitcoin to its treasury. The company disclosed that it had acquired 581 bitcoins for a total of $40 million. Semler Scientific Embraces Bitco...

Record-Breaking Inflows: Digital Assets Surge as Investment Products Hit New Highs

Digital asset investment products have experienced unprecedented inflows, totaling $1.05 billion this past week alone, pushing the year-to-date figures to a record $14.9 billion. This surge, highlighted in a recent Coinshares flows report, marks a co...

Mt Gox Moves 141,686 BTC to Three Addresses, Consolidates 142,846 BCH

Based on onchain metrics, the Mt Gox funds, once consolidated into a single address holding over $9.6 billion in bitcoin, have now been distributed to three separate addresses as of Tuesday morning. Mt Gox Funds Redistribution An examination of the o...

Aave Network Set to Launch Following Aave V4 Protocol

In a recent social media post, Stani Kulechov, the founder of Aave, announced that the Aave Network is expected to launch following the completion of the Aave V4 protocol. This development is eagerly anticipated by the defi community, as the Aave Net...

Swiss University Introduces 16-Day Bitcoin Course; Critics Question Exorbitant Fee

The Zurich University of Applied Sciences has said it will kickstart a 16-day Bitcoin economy training course in March 2025. The short course aims to help students understand how bitcoin influences the financial system. Understanding Bitcoin’s...

Riding a Wave of Positive News, Crypto Markets Turn Bullish

In a series of positive developments, the cryptocurrency market appears to be entering a bullish phase, marked by significant regulatory approvals and an apparent shift in political relevancy. The U.S. Securities and Exchange Commission’s unexp...

From Web3 Casino to VR GAMBLEVERSE: MetaToken Successfully Closes $5 Million Private Round

PRESS RELEASE. On April 21st, MetaToken, a casino project on Ethereum and TON, announced the successful closure of its private funding round. The project attracted $5 million in just one week, establishing itself as a powerful new player and highligh...

Former Mt. Gox CEO Mark Karpelès Assures No Imminent Bitcoin Sale, ‘Everything Is Fine’

In a social media post, Mark Karpelès, the former CEO of the now-defunct cryptocurrency exchange Mt. Gox, provided a status update on the recent situation. He assured followers that “everything is fine with MtGox” and revealed that the tr...

Trump Inquired if Bitcoin Could Aid in Solving the $35 Trillion US National Debt Problem

David Bailey, CEO of Bitcoin Magazine and a cryptocurrency aide of the Trump campaign, revealed that the former president asked if Bitcoin could be leveraged to solve the U.S. national debt problem. During an X space on Sunday night, Bailey revealed...

Crypto Markets Spooked as Mt. Gox Moves Over $9B in Bitcoin

The price of bitcoin (BTC) fell sharply after Mt Gox, the infamous cryptocurrency exchange that went bankrupt a decade ago, began moving billions worth of the cryptocurrency to a new wallet, Mt Gox’s first bitcoin transfers in five years. So f...

Russian Traffic to Global Crypto Exchanges Surges; Central Bank Warns of Western Sanctions Risk

The surge in Russian traffic to global cryptocurrency exchange platforms in the last two quarters has prompted officials to issue a warning about the risk of Western sanctions. According to a central bank study, Russian traffic to some of the largest...

South Africa’s Regulator Tightens Rules for Crypto Asset Transfers via Latest Directive

The Financial Intelligence Centre (FIC) has proposed a directive regarding crypto asset transfers. This directive follows the licensing of 75 crypto asset service providers (CASPs) by the Financial Sector Conduct Authority in South Africa. The FIC ai...

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