Bitcoin News / Bitcoin.com - 2 years ago
The Dydx chain, a proof-of-stake blockchain network, has successfully launched its mainnet and introduced dydx as its layer one (L1) token. On October 26, at 1 p.m. EDT, the network’s validators created the first block, signifying the start of a new...
Bitcoin News / Bitcoin.com - 2 years ago
Year-to-date, bitcoin (BTC), the leading digital currency by market cap, has witnessed a staggering increase of over 100%, sparking curiosity about the duration of its upward trajectory. In a Thursday interview with Gareth Soloway, the head market st...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin has soared, doubling its value since the start of the year. Yet, intriguingly, the famed “Kimchi premium” in South Korea remains absent in this current surge of bullish activity. This is a notable deviation from previous...
Bitcoin News / Bitcoin.com - 2 years ago
Toncoin was a notable mover on Friday, as the cryptocurrency edged lower for a second straight session. Price fell by as much as 4% earlier in the day, as price approached a breakout below the $2.00 mark. On the other hand, solana continued to trade...
Bitcoin News / Bitcoin.com - 2 years ago
Federal prosecutors questioned Sam Bankman-Fried in an ongoing hearing on Wednesday about his message deletion practices and the alleged use of customer funds while he was CEO of now-bankrupt crypto exchange FTX. FTX Founder Faces Intensive Cross-Exa...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin slipped below the $34,000 level earlier in today’s session, ahead of the upcoming consumer sentiment report in the United States. Data on Thursday showed that the U.S. economy grew at a rate of 4.9% in Q3, largely driven by consumer sp...
Bitcoin News / Bitcoin.com - 2 years ago
Blockchain analytics firm Elliptic says there is no evidence that Hamas has received significant volumes of cryptocurrency donations, emphasizing that crypto data it provides on the matter has been misrepresented. Noting that crypto accounts linked t...
Bitcoin News / Bitcoin.com - 2 years ago
A report issued by Ccdata, a digital asset-focused research firm, describes that crypto custodians have been evolving to introduce new use cases for their institutional customers. These new use cases include staking services, tokenized real-world ass...
Bitcoin News / Bitcoin.com - 2 years ago
Prosegur, a Spain-based security company, will build a secure bunker to offer custody services for institutional crypto users in Brazil. The bunker, to be located in Sao Paolo, will be monitored 24 hours a day and will apply various defensive measure...
Bitcoin News / Bitcoin.com - 2 years ago
Recently, the top three bitcoin mining rig manufacturers unveiled a group of next-generation products with efficiency ratings of less than 20 joules per terahash (J/T) and powerful hashrates. In total, Bitmain, Canaan, and Microbt released seven new...
Bitcoin News / Bitcoin.com - 2 years ago
Britain’s Financial Conduct Authority (FCA) has issued hundreds of alerts regarding companies “illegally promoting crypto assets to U.K. consumers.” The regulator also highlighted several “common issues” with crypto promotions it has identified since...
Bitcoin News / Bitcoin.com - 2 years ago
Amid the recent gains in the crypto economy, the total value locked, or TVL, in decentralized finance, or defi protocols, has risen above the $40 billion threshold. This is after remaining below that level since mid-August. The top 100 defi coins by...
Bitcoin News / Bitcoin.com - 2 years ago
The former FTX CEO Sam Bankman-Fried testified Thursday without jurors present. Bankman-Fried was questioned by his attorney, Mark Cohen, before the judge. He described FTX senior staff using encrypted messaging, discussed obtaining Alameda’s bank ac...
Bitcoin News / Bitcoin.com - 2 years ago
With bitcoin trading higher amid rising anticipation of a spot bitcoin exchange-traded fund (ETF) approval in the U.S., investor moods have clearly shifted. The index measuring the balance between fear and greed emotions of participants in the crypto...
Bitcoin News / Bitcoin.com - 2 years ago
According to statistics on October 26, 2023, the meme coin crypto economy has risen nearly 10% against the U.S. dollar in the past 24 hours. The top five meme tokens, including dogecoin, shiba inu, pepe, floki, and baby doge coin, have risen between...
Bitcoin News / Bitcoin.com - 2 years ago
Dogecoin was one of Thursday’s big movers, as the cryptocurrency climbed by as much as 10% in today’s session. The surge in price comes as traders look to find opportunities in riskier crypto assets, with the meme coin realm ticking this box. Shiba i...
Bitcoin News / Bitcoin.com - 2 years ago
On Thursday, the analytics firm Peckshield alerted the community to another transfer of crypto assets from FTX wallets to centralized exchanges. Nearly $20 million in digital currencies were moved after the estate transferred $8.6 million in cryptocu...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. In order to allow more users to experience cloud mining, BitFuFu has introduced the Trial Cash feature. During the initial launch, we’re giving away 10 Million Trial Cash, so invite your friends to share this bounty! There are ad...
Bitcoin News / Bitcoin.com - 2 years ago
After a brief spell above $35,000 late on Wednesday, bitcoin retreated below this level during today’s session. Despite the decline, the cryptocurrency continues to trade close to an 18-month high on Thursday. Ethereum rose back above the $1,8...
Bitcoin News / Bitcoin.com - 2 years ago
According to Pengyu Wang, the founder of Particle Network, developer solutions known as zero-knowledge wallet-as-a-service (ZK-WaaS) embody Web3 principles and “are highly performant” which in turn makes them “an ever...
Bitcoin News / Bitcoin.com - 2 years ago
A spot-based bitcoin exchange-traded fund (ETF) would attract significant capital and boost the price of BTC by 74% in the first year after launch, according to Galaxy Digital. The estimate comes amid rising anticipation that the U.S. securities regu...
Bitcoin News / Bitcoin.com - 2 years ago
A Nigerian official recently said the foreign exchange-starved country plans to include “legitimate” market participants like bureaux de change and financial technology companies in the official forex currency market. Finance Minister Wal...
Bitcoin News / Bitcoin.com - 2 years ago
On October 13, 2023, California enacted the Digital Financial Assets law. This law is California’s first comprehensive framework for regulation of digital asset markets, and some of its provisions may sound familiar to those versed in the state’s mon...
Bitcoin News / Bitcoin.com - 2 years ago
On Wednesday, the defense team for the former FTX CEO Sam Bankman-Fried issued a letter to the judge seeking to question two FBI agents who interviewed Gary Wang, former chief technology officer of FTX, and Nishad Singh, former director of engineerin...
Bitcoin News / Bitcoin.com - 2 years ago
Tesla CEO Elon Musk and U.S. presidential candidate Vivek Ramaswamy have cautioned about the increasing risk of World War III erupting. “I think we are sleepwalking our way into World War III,” Musk said. Ramaswamy warned: “If we en...
