Bitcoin News / Bitcoin.com - 2 months ago
U.S. Department of the Treasury’s Under Secretary Brian E. Nelson has confirmed that terrorists’ use of crypto remains a small fraction of more established mechanisms to move money. He also admitted that “digital assets were not even a po...
Bitcoin News / Bitcoin.com - 2 months ago
Blackrock has amassed nearly 110,000 bitcoins for its spot bitcoin exchange-traded fund (ETF), Ishares Bitcoin Trust (IBIT), since its launch about a month ago. The world’s largest asset manager’s bitcoin ETF has a total net inflow of n...
Bitcoin News / Bitcoin.com - 2 months ago
The Financial Crimes Enforcement Network (FinCEN) has released an analysis that reports an alleged increase in the use of cryptocurrency in human trafficking cases. According to FinCEN, reports of cryptocurrency linked to these purposes grew from 336...
Bitcoin News / Bitcoin.com - 2 months ago
John Deaton, a U.S. lawyer known for his pro-crypto stance, is reportedly considering a run against Massachusetts Senator Elizabeth Warren. The Republicans are eager to nominate a formidable candidate against Warren. This strategy could compel her to...
Bitcoin News / Bitcoin.com - 2 months ago
Fortune smiled upon a lucky winner this Lunar New Year as the Bitcoin.com Verse Team announced a major jackpot hit on their decentralized app, the Lunar New Year Scratcher. With every ticket offering an equal shot at the jackpot, participants are enc...
Bitcoin News / Bitcoin.com - 2 months ago
Bitcoin’s mining difficulty has hit an unprecedented peak, marking the most significant jump of 2024. On Thursday, at the milestone of block 830,592, the network experienced its fourth adjustment this year with a sharp 8.24% uptick. Bitcoin Mi...
Bitcoin News / Bitcoin.com - 2 months ago
According to the crypto payments company Wyre, based in San Francisco, which ceased operations in June 2023, the multi-currency self-custodial wallet platform Rockwallet has taken over Wyre’s entire customer base. On Thursday, Rockwallet announ...
Bitcoin News / Bitcoin.com - 2 months ago
PRESS RELEASE. February 15, 2024, London, UK — In a remarkable story one Bitcasino.io player has won a huge jackpot and another big win in the space of a few weeks, earning a massive $4.5 million dollars. Bets were placed in USDT cryptocurrenc...
Bitcoin News / Bitcoin.com - 2 months ago
The digital asset firm Nexo has announced its partnership with Sift, aiming to upgrade its fraud prevention mechanisms. The collaboration between the duo is expected to streamline and secure the user experience for Nexo’s customer base, which e...
Bitcoin News / Bitcoin.com - 2 months ago
Quicknode, a leading blockchain infrastructure provider, has officially expanded its offerings to include support for Zksync hyperchains, enhancing its custom chains solution portfolio. This development introduces a new level of scalability and priva...
Bitcoin News / Bitcoin.com - 2 months ago
Craig Wright, the Australian computer scientist claiming to be Satoshi Nakamoto, faced a rigorous week-long cross-examination. The proceedings, which unfolded in the U.K. High Court, saw Wright defending his assertion against the Crypto Open Patent A...
Bitcoin News / Bitcoin.com - 2 months ago
Solana Mobile, Solana Labs’ smartphone subsidiary, processed over $20 million in payments in alliance with Shopify and USDC, the second-largest dollar-pegged stablecoin. Anatoly Yakovenko, a co-founder of Solana Labs, explained that 51% of Chap...
Bitcoin News / Bitcoin.com - 2 months ago
As bitcoin’s value surged to $52,545 this week, the fascination with it appears subdued, with Google Trends indicating a low level of interest. Currently, global metrics from the last 90 days reveal the search term “bitcoin ...
Bitcoin News / Bitcoin.com - 2 months ago
A subsidiary of the German multinational company Deutsche Börse Group has been granted four licenses by the German Federal Financial Supervisory Authority or Bafin. The licensing of the subsidiary helps to distinguish its product offering “as o...
Bitcoin News / Bitcoin.com - 2 months ago
PRESS RELEASE. Blockchain gaming showed more resilience in the bear market. As we entered 2024, many including studio executives predicted millions of people would come to Web3 for the sake of gaming. Some of the attributes strengthening this season&...
Bitcoin News / Bitcoin.com - 2 months ago
The New Zealand Central Bank governor, Adrian Orr, recently branded stablecoins “the biggest misnomers” and “oxymorons.” Orr also rejected the notion that cryptocurrencies could serve as a replacement or su...
Bitcoin News / Bitcoin.com - 2 months ago
Cryptocurrency exchanges that fail to meet South Korea’s stringent operating standards will be expelled from the crypto market, the country’s financial intelligence agency has said. The Financial Intelligence Unit said its annual work pla...
Bitcoin News / Bitcoin.com - 2 months ago
Federal Reserve Chairman Jerome Powell has provided an update to Congress members regarding the Fed’s central bank digital currency (CBDC) work. “If we’re going to have a CBDC, Congress needs to authorize it,” he stressed. Moreover,...
Bitcoin News / Bitcoin.com - 2 months ago
At the time of writing, the value of the crypto economy has reached $1.93 trillion, with bitcoin alone accounting for $1 trillion of this total. Bitcoin and ethereum have experienced increases of 4.2% and 5.3%, respectively. Meanwhile, a few crypto a...
Bitcoin News / Bitcoin.com - 2 months ago
Genesis Global Capital has received authorization to offload its stake in Grayscale’s Bitcoin Trust (GBTC), valued at approximately $1.3 billion. Genesis Global Permitted to Liquidate $1.3 Billion in Bitcoin Trust Shares According to Bloomberg...
Bitcoin News / Bitcoin.com - 2 months ago
After its oversubscribed initial public offering (IPO), Phoenix Group, a Dubai-based company specializing in bitcoin mining and blockchain infrastructure, has announced a significant 50% increase in net income. The firm further revealed a 20% increas...
Bitcoin News / Bitcoin.com - 2 months ago
Statistics reveal that since the onset of February 2024, the stablecoin sector has experienced a significant expansion, with an increase of $1.7 billion in its economy. In the last 30 days, both usd coin and first digital usd witnessed their supplies...
Bitcoin News / Bitcoin.com - 2 months ago
The price of bitcoin soared past the $52K milestone on Wednesday, reaching $52,056 per unit on Bitstamp at 10:05 a.m. Eastern Time. Bitcoin’s meteoric rise over the past day triggered a wave of liquidated leveraged positions, wiping out $89.28...
Bitcoin News / Bitcoin.com - 2 months ago
Bitcoin’s ascent beyond the $51,000 mark has propelled the Crypto Fear and Greed Index (CFGI) into the “greed” territory, registering a notable 74 out of 100. Just a day earlier, the CFGI soared to an impressive peak of 7...