Category : Bitcoin.com

Bitcoin.com

Blockfi to Begin Interim Crypto Distributions via Coinbase This Month

Crypto lender Blockfi announced that it will begin interim crypto distributions via Coinbase this month. U.S. clients will receive notifications, while non-U.S. clients face regulatory restrictions. Blockfi, which filed for bankruptcy protection in N...

Basel Committee Gives Permissioned Stablecoins ‘Preferential Treatment’ in Amended Crypto Asset Standard Amidst Heavy Criticism

The Basel Committee, responsible for setting standards for bank regulation, has revised its crypto asset standard, introducing new considerations that impact stablecoins. The updated standard favors permissioned stablecoins, such as JPM Coin, over th...

Momint Secures Grant from Dfinity Foundation for Global Blockchain Expansion

Momint, a Web3 startup, is poised for global expansion after securing a $50,000 grant from the Dfinity Foundation. This Swiss non-profit organization, known for its blockchain R&D, awarded the grant through the Internet Computer Protocol (ICP) Hu...

Leading BTM Operator, Bitcoin Depot, Will Add Bitcoin to Its Treasury Reserves

Bitcoin Depot, a company that operates more than 7,400 bitcoin ATMs in the U.S., has announced that it will allocate part of its cash reserves to build a bitcoin treasury, following the footsteps of companies like Microstrategy. According to its CEO,...

Creating BTC Growth Points: GoMining Vision

From the early days of pizzas costing thousands of bitcoin to astronomical growth and increasing acceptance around the world, Bitcoin has been on quite a journey. The most recent “earthquake” was the 2024 bitcoin halving, which...

Fantom Foundation and Sonic Labs Tap Alchemy to Boost Performance and Scalability for Opera and Sonic

Fantom Foundation and Sonic Labs have announced a strategic partnership with Alchemy, a Web3 infrastructure provider. This collaboration aims to enhance the performance and scalability of both Opera and Sonic. Alchemy will contribute RPC support and...

Africa’s Blockchain Funding Drops to 1.3% in 2023, Deal Share Rises – Report

In 2023, Africa’s share of global blockchain venture deals rose marginally to 1.3%, but the continent’s total funding dropped from 1.6% to 1.3%. Only South America’s share of blockchain funding ranks below Africa’s share. The continent achieved an al...

Hamster Kombat Continues Rising in Pre-Market Trading as New P2E Token Shiba Shootout Raises $700k

The meme coin market has flipped bullish again over the past week. Hamster Kombat (HMSTR) is doing well in pre-market trading, leaving traders buzzing about its upcoming exchange launch. Meanwhile, everyone’s wondering if Shiba Shootout (SHIBASHOOT),...

KPMG Establishes Strategic Alliance With Cryptio

KPMG LLP, the U.S. audit, tax, and advisory firm, has announced a strategic alliance with Cryptio, a crypto accounting software platform. This collaboration aims to help companies establish controls for better accounting of crypto assets, meeting US...

Wazirx Takes Legal Action After $230 Million Cyberattack — Liminal Insists Platform Secure

Indian crypto exchange Wazirx has filed a police complaint and is pursuing legal action after a cyberattack led to a loss of over $230 million. The exchange is collaborating with global partners and authorities to trace and recover the stolen funds....

HTX Is Latest Exchange to Integrate Fireblocks

Global crypto exchange HTX has integrated Fireblocks Off Exchange. This is aimed at enhancing digital asset security and streamlining global compliance operations. It employs Fireblocks’ multi-party computation (MPC) technology to mitigate exch...

South African Exchange Luno Leverages Fireblocks’ Enterprise-Grade Digital Asset Platform

South African crypto exchange Luno has announced that it is integrating its platform with Fireblock’s enterprise-grade digital asset transfer platform. Aleks Andjelopolj suggested that leveraging Fireblocks means Luno users will experience the...

Winklevoss Twins Donate $1 Million to Elizabeth Warren Rival John Deaton

The Winklevoss twins, Tyler and Cameron, founders of Gemini and Winklevoss Capital, have donated $1 million to support the campaign of pro-crypto candidate John Deaton in the state of Massachusetts. Both stated that their goal with this donation is t...

K9 Finance Validator and Token LIVE on Shiba Inu Blockchain

K9 Finance DAO, a pioneering decentralized autonomous organization dedicated to advancing decentralized finance (DeFi) solutions, proudly announces the successful launch of its validator on the Shiba Inu Layer 2 (L2) mainnet. Concurrently, the DAO in...

Putin Calls to ‘Seize the Moment’ to Kickstart Digital Ruble and Crypto Adoption In Russia

President Vladimir Putin declared it was time for Russia to create the environment needed to increase the adoption of digital assets and the Russian CBDC, the digital ruble, as part of the country’s economic tissue. He also reported that over 3...

Hong Kong Regulators Say Proposed Stablecoin Regulation Has Received Positive Stakeholder Feedback

Hong Kong regulators announced the conclusion of a stablecoin regulation consultation phase that saw stakeholders provide 108 submissions. The regulators claimed that the proposed regulatory requirements received positive feedback from stakeholders....

Kraken Expands Crypto Custody Services to Institutions in UK and Australia

Crypto exchange Kraken has expanded its custody services to institutional clients in the UK and Australia, marking the first international expansion following its successful U.S. launch in March. Kraken Institutional, already established in the UK an...

Standard Chartered, Animoca Brands, and HKT Join Forces on Hong Kong’s Stablecoin Sandbox

Standard Chartered Bank (Hong Kong) Ltd. (SCBHK), Animoca Brands, and Hong Kong Telecom (HKT) have united to participate in the Hong Kong Monetary Authority’s (HKMA) stablecoin issuer sandbox, announced in March. Leveraging Zodia Custody’s digi...

FBI Seizes $2.5M in Crypto From Thailand-Based Pig Butchering Scam Targeting Americans

The U.S. Attorney’s Office has launched a civil forfeiture action to reclaim cryptocurrency seized by the FBI from international fraudsters involved in “pig butchering” schemes. This initiative aims to return the stolen f...

Potential Ban on Cryptocurrency Mining in Certain Regions Disrupts Regulatory Efforts in Russia

The potential for a ban on cryptocurrency mining in regions classified as ‘energy deficient’ has hindered the ability to reach a consensus on the approval of cryptocurrency mining regulations in Russia. The proposed bill, which is expected to pass in...

Triple-A: Argentina and Brazil in the Top Ten Of Countries With Most Cryptocurrency Ownership

Argentina and Brazil are part of the top ten countries with the most crypto ownership, according to a recent report issued by Triple-A, a provider of digital currency white-label payment solutions. Argentina took the fourth place in the list, with 18...

Venezuelan Crime Organization Tren De Aragua Gets Sanctioned by OFAC on Crypto Money Laundering Allegations

Tren de Aragua (Aragua’s Train), a criminal gang with Venezuelan origins, has been sanctioned by OFAC as a transnational organization engaging in kidnapping, human trafficking, extortion, and other illegal behavior. The U.S. Department of the T...

President Bukele Eliminates Basic Food Products’ Import Duties for a Decade In El Salvador

President Nayib Bukele has announced a new measure in his battle against speculation and price gouging in El Salvador, eliminating import duties for certain basic foods and supplies for a decade. While some of these products did not pay duties due to...

Indian Crypto Exchange Wazirx Updates on Major Multisig Wallet Hack

Indian cryptocurrency exchange Wazirx has provided an update on the over $230 million security breach in its multisig wallet, which involved Liminal’s custody services. The exchange detailed the incident and ongoing recovery efforts, promising...

Tangem Launches Ring-Shaped Hardware Cryptocurrency Wallet

Tangem announced the launch of its Tangem Ring cryptocurrency hardware wallet on Wednesday, touting it as “the world’s first ring-shaped crypto wallet,” designed to “transform how people interact with cryptocurrencies.”...

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