Bitcoin News / Bitcoin.com - 2 months ago
ARK Invest’s CEO Cathie Wood believes there is a shift in investment trends, specifically, a growing preference for bitcoin over traditional gold investments. This trend has been particularly pronounced following the launch of spot bitcoin ETFs...
Bitcoin News / Bitcoin.com - 2 months ago
Vast Bank, the U.S. financial institution that once offered customers the unique ability to manage cryptocurrencies alongside traditional banking, is exiting the digital asset space and shutting down its crypto mobile app in response to a consent ord...
Bitcoin News / Bitcoin.com - 2 months ago
The U.S. and U.K. Financial Regulatory Working Group has emphasized the importance of effective regulation and oversight of crypto assets and markets. They also reiterated their support for the international work on crypto assets.
US-UK Financial Reg...
Bitcoin News / Bitcoin.com - 2 months ago
South Korea’s financial watchdog chief is planning to visit the U.S. to discuss crypto regulation with the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, with a focus on the SEC’s recent decision to approve s...
Bitcoin News / Bitcoin.com - 2 months ago
A federal judge has ruled in favor of the U.S. Securities and Exchange Commission (SEC) and ordered Ripple to comply with the regulator’s post-complaint discovery requests concerning XRP. Ripple must also answer an interrogatory regarding the...
Bitcoin News / Bitcoin.com - 2 months ago
After the trading activity on Monday, which saw $642 million in transaction volume, Grayscale’s Bitcoin Trust sold off approximately 3,426.99 bitcoin, valued at around $147 million. Following Tuesday’s trading activity, GBTC offloaded a...
Bitcoin News / Bitcoin.com - 2 months ago
Beijing is prepared to apply a new policy to strengthen the actions to foster energy conservation in several aspects of the city’s operations, promoting carbon and pollution reduction. The plan proposes to increase the oversight level on Bitcoi...
Bitcoin News / Bitcoin.com - 2 months ago
Data gathered over the last 36 days reveals that the Bitcoin network’s average transfer fee has consistently exceeded the $3.68 mark, while costs for median-sized transactions have not dipped below the $1.67 threshold. As of Feb. 6, 2024, insi...
Bitcoin News / Bitcoin.com - 2 months ago
The crypto community has shown remarkable support for Solana Mobile’s upcoming “Chapter 2” smartphone, amassing over 60,000 preorders after its announcement, as the company gears up for a launch in 2025.
Solana Mobile’s ‘...
Bitcoin News / Bitcoin.com - 2 months ago
The leading privacy-focused cryptocurrency by market valuation, monero, experienced a sharp 32% decline within the last day after news broke that Binance intends to remove the coin from its platform. Citing non-compliance with its listing criteria, B...
Bitcoin News / Bitcoin.com - 2 months ago
The publicly traded bitcoin mining entity Cleanspark has unveiled plans to broaden its operational footprint into Mississippi through the purchase of three fully operational bitcoin mining sites in the area. Alongside these Mississippi locations, the...
Bitcoin News / Bitcoin.com - 2 months ago
The Solana layer one (L1) blockchain is currently experiencing a service disruption, with the Solana Status website revealing that engineers are actively probing the cause. Validators on mainnet have received instructions to implement an upgrade to v...
Bitcoin News / Bitcoin.com - 2 months ago
The recent airdrop of JUP, the token of the Solana native Jupiter exchange, was allegedly gamed by an individual who avoided established controls. An unknown airdrop hunter received 1.85 million JUP (almost $1 million) using over 9,000 wallets for th...
Bitcoin News / Bitcoin.com - 2 months ago
Binance has welcomed back Steve Christie, its former Senior Vice President of Compliance, as Deputy Chief Compliance Officer.
Binance Bolsters Compliance Team, Welcoming Steve Christie Back to Leadership Role
Cryptocurrency exchange Binance has annou...
Bitcoin News / Bitcoin.com - 2 months ago
The region’s securities regulator has said that Hong Kong crypto investors must only use or trade on approved virtual asset trading platforms. The regulator urged crypto investors using platforms not featured on its two lists to close accounts...
Bitcoin News / Bitcoin.com - 2 months ago
Barely a month after raising $850 million from an auction of dollar-denominated treasury bills, the CBE was reportedly poised to raise $1 billion via similar instruments. The decision to hike overnight interest is said to be part of the central bank&...
Bitcoin News / Bitcoin.com - 2 months ago
Tether, the largest stablecoin company, has announced the launch of Tether Edu, an initiative that will concentrate all of the global educational and learning programs of the institution. Tether Edu will focus on emerging markets, offering courses an...
Bitcoin News / Bitcoin.com - 2 months ago
Treasury Secretary Janet Yellen, in her forthcoming appearance before the House Financial Services Committee, is set to emphasize the potential dangers the cryptocurrency industry presents to financial stability, advocating for legislative action to...
Bitcoin News / Bitcoin.com - 2 months ago
The Brazilian tax authority has reported identifying cryptocurrency irregularities in more than 25,000 tax statements. After a country-wide investigation, the institution detected that 25,126 individuals who possessed at least 0.05 BTC failed to incl...
Bitcoin News / Bitcoin.com - 2 months ago
A sophisticated scheme to defraud Patterson Joint Unified School District has been unveiled, with senior officials Jeffrey Menge and Eric Drabert at the helm, using the districtโs resources to mine cryptocurrency illegally, as disclosed by the DOJ.
S...
Bitcoin News / Bitcoin.com - 2 months ago
Artists Ryder Ripps and Jeremy Cahen are mandated by a federal court to pay $9 million in damages to Yuga Labs, following a high-profile legal dispute over unauthorized use of the Bored Ape Yacht Club’s copyrighted non-fungible tokens (NFTs).
Y...
Bitcoin News / Bitcoin.com - 2 months ago
JPMorgan has warned of increased risk for the crypto market resulting from Tether’s “lack of regulatory compliance and transparency.” The global investment bank’s analysts explained that other stablecoin issuers th...
Bitcoin News / Bitcoin.com - 3 months ago
Federal Reserve Chairman Jerome Powell says in the long run, the U.S. federal government is on an unsustainable fiscal path due to its ballooning debt growing faster than the economy. Moreover, the Fed chair cautioned that there will be some banks th...
Bitcoin News / Bitcoin.com - 3 months ago
The sale of Taproot Wizards’ Quantum Cats non-fungible tokens (NFTs) has so far successfully amassed 268.3 bitcoin, equating to $11.3 million at the current market value. This achievement comes despite earlier hurdles that delayed the sale due...
Bitcoin News / Bitcoin.com - 3 months ago
Montenegro recently extradited the former Terraform Labs financial officer Han Chang-joon to South Korea where he faces fraud-related charges. According to the Montenegro police, the decision to extradite Han was made by the country’s Justice M...