Bitcoin News / Bitcoin.com - 2 years ago
Binance’s U.S. platform has rejected rumors regarding its bitcoin cash (BCH) reserves, reassuring customers that their funds are safe. On Sunday, the exchange restored BCH withdrawals after a brief suspension attributed to a technical issue wi...
Bitcoin News / Bitcoin.com - 2 years ago
The state-owned financial institution Bank of China has revealed a partnership with China Unicom and China Telecom in order to test SIM cards and near-field communication (NFC) payments tethered to the renminbi. The Bank of China explains that the pi...
Bitcoin News / Bitcoin.com - 2 years ago
Russia’s second-largest bank’s chairman says by imposing sanctions on Russia, the West has “demolished the global trade system and caused an inflation surge.” Pointing to the U.S. banking crisis as an example, he stressed: “This is virtually the larg...
Bitcoin News / Bitcoin.com - 2 years ago
On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has fallen for 12 consecutive months, w...
Bitcoin News / Bitcoin.com - 2 years ago
The chief economist at S&P Global has predicted that the U.S. dollar “will no longer be the dominant world currency.” Highlighting the diminishing influence of the USD, he pointed out that an increasing number of countries are de-dollarizing, not...
Bitcoin News / Bitcoin.com - 2 years ago
Rodeo Finance, a leveraged yield protocol on Arbitrum, was on July 10 a victim of a “force-investment” hack in which almost $1.7 million was reportedly stolen. According to Rodeo Finance, about $810,000 has been recovered so far and there...
Bitcoin News / Bitcoin.com - 2 years ago
On July 12, 2023, onchain data shows the U.S. government transferred 9,800 bitcoins (BTC), worth just over $300 million. These bitcoins originally came from James Zhong’s Silk Road hack. In March, the Department of Justice also moved a similar...
Bitcoin News / Bitcoin.com - 2 years ago
The top stablecoins have continued to see redemptions over the past 30 days as the dollar-pegged crypto economy currently hovers at $127.32 billion on July 12. The stablecoin BUSD’s supply has dropped below the 4 billion mark as the token ...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin cash rose by nearly 6% on Wednesday, following the release of the latest consumer price index (CPI) in the United States. Inflation fell by 1.0% from May, coming in at 3.0% last month. Polkadot also rose, extending its winning run for a third...
Bitcoin News / Bitcoin.com - 2 years ago
On Tuesday, July 11, 2023, the U.S. Attorney’s Office for the Southern District of New York, led by attorney Damian Williams, announced a 20-year prison sentence for Roger Clark. Clark was allegedly the senior advisor to the original Silk Road,...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin moved towards $31,000 on Wednesday, ahead of June’s inflation report from the United States. Consumer prices are expected to fall to 3.1%, down from May’s reading of 4.0%. Ethereum also edged higher, as the cryptocurrency closed...
Bitcoin News / Bitcoin.com - 2 years ago
If central banks control all uses of money, this is not democracy, Coinbase’s ex-tech chief Balaji Srinivasan is convinced. The entrepreneur commented on statements by the head of the Bank of International Settlements during an IMF meeting devoted to...
Bitcoin News / Bitcoin.com - 2 years ago
Cryptocurrency exchange Bitoasis’ license has been deemed “non-operational” by the Dubai digital assets regulator, the Virtual Assets Regulatory Authority. According to the regulator, VARA took the decisive step after Bitoasis faile...
Bitcoin News / Bitcoin.com - 2 years ago
Changpeng Zhao, CEO of Binance, the largest cryptocurrency exchange in volume traded, has revealed his secret for building a comprehensive team of employees for any startup. According to Zhao, external pressure has contributed to the unity of the tea...
Bitcoin News / Bitcoin.com - 2 years ago
The Bank for International Settlements (BIS), an organization that seeks to support the international cooperation of the world’s central banks, has released the results of its 2022 survey on central bank digital currencies (CBDC) and crypto. Th...
Bitcoin News / Bitcoin.com - 2 years ago
The governor of Russia’s central bank says the creation of a common BRICS currency “requires the consent of many parties.” While emphasizing that the proposed BRICS currency “deserves attention,” the Russian central bank chief cauti...
Bitcoin News / Bitcoin.com - 2 years ago
Rich Dad Poor Dad author Robert Kiyosaki has warned that the U.S. dollar will die. He expects the BRICS nations (Brazil, Russia, India, China, and South Africa) to launch a gold-backed currency that will kill the USD. The famous author further stress...
Bitcoin News / Bitcoin.com - 2 years ago
According to current data, about 2,086,034 bitcoins were held on exchanges as of July 11, 2023. This figure is 154,160 bitcoins less than the number held on centralized trading platforms 72 days earlier, on April 30. The number of bitcoins on exchang...
Bitcoin News / Bitcoin.com - 2 years ago
The U.K.’s Financial Conduct Authority (FCA) is proceeding with efforts to shut down all bitcoin ATMs “illegally operating” in the country. After more inspections in the past couple of months, the watchdog vowed to continue to take action against ope...
Bitcoin News / Bitcoin.com - 2 years ago
On Monday, U.S. senator Thomas Tuberville (R-AL) published an open letter to U.S. attorney general Merrick Garland and Securities and Exchange Commission (SEC) chairman Gary Gensler expressing concern over allegations that Prometheum, Inc., a registe...
Bitcoin News / Bitcoin.com - 2 years ago
On July 6, Lightning Labs released new developer tools to enhance the intersection of artificial intelligence (AI) and Bitcoin. The layer two (L2) startup introduced a new specification known as L402 and tools that enable AI systems to conduct transa...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. VICTORIA, Seychelles, July 11, 2023 – Bitget, top crypto derivatives and copy trading platform, has launched an AI-powered feature for its Grid Trading strategies. The new feature aims to make this sophisticated investment method...
Bitcoin News / Bitcoin.com - 2 years ago
According to data, the cryptocurrency ecosystem has endured its longest stretch without an altcoin season. So far, it has been more than two years without an altcoin season, and there have been no signals indicating one might emerge. Altcoin Sea...
Bitcoin News / Bitcoin.com - 2 years ago
Polygon was a notable mover on Tuesday, as the token surged by as much as 8% in today’s session. The move saw the cryptocurrency hit a one-month high, following a recent five-day bull run. Solana also rose higher, following a sell-off to start the we...
Bitcoin News / Bitcoin.com - 2 years ago
Members of the BRICS alliance are meeting at a summit in Johannesburg, South Africa, in August, focusing attention on the potential for the BRICS bloc to create a gold-backed reserve currency. However, Subrahmanyam Jaishankar, India’s external...
