Bitcoin News / Bitcoin.com - 2 years ago
Robert Kiyosaki has said that the biggest crash is coming and warned people against playing “Russian Roulette” with their lives. Even still, asset management firm Vaneck has done some safe gambling of its own, revealing 15 crypt...
Bitcoin News / Bitcoin.com - 2 years ago
The number of user complaints received by crypto and blockchain entities has been on a decline since August, the latest Complains.Biz data has shown. The data shows that in just 28 days, Complains.Biz’s sentiment meter detected a 29% decline in...
Bitcoin News / Bitcoin.com - 2 years ago
Reports indicate, and the peer-to-peer non-fungible token (NFT) market platform has confirmed, that the NFT platform NFT Trader experienced a security breach. An assailant exploited an outdated smart contract, resulting in the theft of nearly $3 mill...
Bitcoin News / Bitcoin.com - 2 years ago
The chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, has stated that many digital assets are considered commodities under existing law. Behnam urged the U.S. Congress to hasten the process of establishing a regulatory regim...
Bitcoin News / Bitcoin.com - 2 years ago
U.S. lawmakers have slammed the Securities and Exchange Commission (SEC) and its chairman Gary Gensler for refusing to provide clear crypto regulation. “SEC Chair Gary Gensler’s continued refusal to provide clarity for the digital asset ecosyst...
Bitcoin News / Bitcoin.com - 2 years ago
Global investment bank Goldman Sachs has advised investors against anticipating a sudden and immediate surge in the price of bitcoin upon the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC)....
Bitcoin News / Bitcoin.com - 2 years ago
The U.S. Securities and Exchange Commission (SEC) has rejected cryptocurrency exchange Coinbase’s petition for regulatory clarity in the crypto industry. SEC Chairman Gary Gensler backs his agency’s decision to deny Coinbase’s petit...
Bitcoin News / Bitcoin.com - 2 years ago
Blackrock, the world’s largest asset manager, has met with the U.S. Securities and Exchange Commission (SEC) for the fourth time recently to discuss its spot bitcoin exchange-traded fund (ETF) application. SEC Chairman Gary Gensler said this we...
Bitcoin News / Bitcoin.com - 2 years ago
In the latest development, Safemoon, a crypto company, voluntarily initiated Chapter 7 bankruptcy proceedings in the District of Utah, as stated in their bankruptcy documentation. This action comes on the heels of the company’s founders facing...
Bitcoin News / Bitcoin.com - 2 years ago
In a recent announcement, Shakepay, the Canadian crypto app, disclosed a data breach involving unauthorized access to personal information of a select group of its customers. The breach, detected on Dec. 13, 2023, compromised data but did not affect...
Bitcoin News / Bitcoin.com - 2 years ago
On Saturday, Dec. 16, 2023, Bitcoin’s transaction fees spike to a high of $40 per transaction at 1:48 p.m. Eastern Time. The jump in onchain fees surpassed the high reached on May 8, 2023, when the average transfer cost topped $31 per transfer...
Bitcoin News / Bitcoin.com - 2 years ago
In the past 72 hours, Antpool has dominated 26.48% of Bitcoin’s overall hashrate, closely followed by Foundry USA at 24.95%. Together, these two mining pools wield 51.43% of the prevailing 502 exahash per second (EH/s) total hashrate. This lev...
Bitcoin News / Bitcoin.com - 2 years ago
Sales of non-fungible tokens (NFTs) have surged by 52.81% over the past week, reaching a total of $503.35 million. Bitcoin has emerged as the frontrunner in this week’s NFT market, generating $276.79 million in sales, surpassing Ethereum’...
Bitcoin News / Bitcoin.com - 2 years ago
After the last adjustment that resulted in a slight 0.96% reduction, the upcoming difficulty retarget on Dec. 23, 2023 is anticipated to bring about an increase, eclipsing the previous decline, as the hashrate regains its upward trajectory. The seven...
Bitcoin News / Bitcoin.com - 2 years ago
The Central Bank of Lesotho recently confirmed that its payment system was attacked by unknown cybercriminals. The bank also acknowledged that the resulting downtime is making it “impossible for all local banks to honor inter-bank transactions...
Bitcoin News / Bitcoin.com - 2 years ago
Circle CEO Jeremy Allaire says in a complex geopolitical environment, bitcoin is an asset that investors should have some exposure to. He emphasized that “digital commodities are here to stay,” noting that bitcoin is the largest...
Bitcoin News / Bitcoin.com - 2 years ago
The Bank of China Hong Kong, the second largest bank in the region, has completed its first cross-border digital yuan-based trade. The transaction, finalized with its sibling bank, the Bank of China, served to receive the payment for an imported iron...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin mining company Iris Energy Limited said on Dec. 15 that it expects to take delivery of 8,380 new-generation T21 miners from Bitmain. Delivery of the mining machines is expected to help Iris Energy fulfill its goal of increasing its self-minin...
Bitcoin News / Bitcoin.com - 2 years ago
The government of Russia might allow crypto miners to sell their cryptocurrency like other exports such as gas. Ivan Chebeskov, deputy minister of finance, specified that this option was part of a bill to legalize cryptocurrency mining introduced in...
Bitcoin News / Bitcoin.com - 2 years ago
The head of the International Monetary Fund (IMF) has called for clear crypto regulations worldwide, cautioning that high crypto adoption could undermine macro-financial stability. “Our goal is to make a more efficient, interoperable, and acces...
Bitcoin News / Bitcoin.com - 2 years ago
A finance professor at Georgetown University has urged the U.S. Securities and Exchange Commission (SEC) to avoid micromanaging the creation/redemption process for spot bitcoin exchange-traded funds (ETFs). While the SEC proposed the cash creation me...
Bitcoin News / Bitcoin.com - 2 years ago
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has revealed that the regulator is taking a new look at spot bitcoin exchange-traded fund (ETF) applications based on recent court rulings. “We had in the past denied a number...
Bitcoin News / Bitcoin.com - 2 years ago
In the IRS’s list of top 10 criminal cases for 2023, cryptocurrency frauds are featured, ranging from multi-million dollar tax evasions to elaborate money laundering schemes. Crypto Scams Among Most Significant Financial Crimes in IRS Criminal...
Bitcoin News / Bitcoin.com - 2 years ago
On Friday, Hive Digital, based in Vancouver and specializing in bitcoin mining and high-performance computing (HPC), announced its foray into artificial intelligence (AI) and HPC technologies. This strategic move involves acquiring 96 Nvidia H100 gra...
Bitcoin News / Bitcoin.com - 2 years ago
JPMorgan analysts predict ether, the main asset of the smart contracts enabled Ethereum blockchain, will likely outperform bitcoin next year. A note released this week explains that Proto-Danksharding, an update coming to Ethereum next year to addres...
