Bitcoin News / Bitcoin.com - 2 years ago
HSBC announced the launch of a platform that will allow the tokenization of gold bullion, with a stated potential market reach of $525 billion. Mark Williamson, HSBC’s global head of FX and commodities partnerships and propositions, stated tha...
Bitcoin News / Bitcoin.com - 2 years ago
By the end of Q3 2023, activity in the stablecoin category as measured by the number of daily active addresses (DAA) stood at over 400,000 — the highest in any category. In the decentralized finance (defi) category — the next highest-ra...
Bitcoin News / Bitcoin.com - 2 years ago
In October, the landscape of bitcoin mining revenue brightened, climbing by $131.45 million over September’s figures. Last month’s surge in BTC prices significantly bolstered revenues, although there was a slight dip in the earnings fro...
Bitcoin News / Bitcoin.com - 2 years ago
Director of Rosfinmonitoring Yuri Chikhanchin referred to the rise in popularity that crypto is experiencing in Russia in a recent interview, stating that more than 185,000 cryptocurrency transactions were completed during the first nine months of 20...
Bitcoin News / Bitcoin.com - 2 years ago
According to Bitcoin Magazine, a media outlet dedicated to bitcoin news launched in 2012, representatives, including legal counsel, from the U.S. Federal Reserve have expressed concerns regarding the publication’s satirical Fednow merchandise....
Bitcoin News / Bitcoin.com - 2 years ago
The stablecoin economy experienced growth in October after several consecutive monthly declines. In the last month, a total of $608 million was added to the fiat-pegged token market. Despite the increase, six stablecoins out of the top ten saw supply...
Bitcoin News / Bitcoin.com - 2 years ago
In the third quarter, Coinbase outperformed expectations despite the extended crypto market slump by recording favorable net income and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). In their most recent shareholde...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin and ethereum prices declined in trading on Friday, November 3, 2023, as technical oscillators flashed mixed signals for the two largest cryptocurrencies by market capitalization. Bitcoin Bitcoin (BTC) fell 3.3% to $34,195 amid lig...
Bitcoin News / Bitcoin.com - 2 years ago
Northern Data Group has confirmed a €575 million ($610M) debt financing from Tether Group, a signal of heightened activity in the high-performance computing sector responding to the artificial intelligence (AI) demand surge. The firm detai...
Bitcoin News / Bitcoin.com - 2 years ago
On Thursday, Marathon Digital, a publicly traded bitcoin mining company, announced its partnership with Nodal Power, revealing plans to initiate an innovative 280-kilowatt (kW) bitcoin mining pilot project in Utah. The project harnesses biogas, speci...
Bitcoin News / Bitcoin.com - 2 years ago
Alex Jones, host of Infowars, failed to answer a quiz of five questions that would have allowed him to recover 10,000 bitcoin he lost in a laptop over ten years ago. International journalist and Bitcoin enthusiast Max Keiser asked five questions on B...
Bitcoin News / Bitcoin.com - 2 years ago
Developers working with the Google Cloud data warehouse known as Bigquery can now verify blockchain smart contracts and other business processes using Space and Time’s zero-knowledge (ZK)-proof protocol. The protocol is said to be useful for enterpri...
Bitcoin News / Bitcoin.com - 2 years ago
Sangho Grolleman serves as the CEO of Cryptopia, bringing with him a wealth of experience in the cryptocurrency realm since 2018. He recently joined the Bitcoin.com News Podcast to talk about the decentralized gaming market why making sure games are...
Bitcoin News / Bitcoin.com - 2 years ago
PFC Botev Plovdiv, Bulgaria’s oldest soccer team, recently said it now accepts bitcoin payments at fan shops and catering points during matches. Fans who make payments using the top cryptocurrency anytime in the month of November are eligible...
Bitcoin News / Bitcoin.com - 2 years ago
The United States Court of Appeals for the Fifth Circuit has found that the U.S. Securities and Exchange Commission (SEC) acted “arbitrarily and capriciously” in a case involving the stock buyback disclosure rule. “An...
Bitcoin News / Bitcoin.com - 2 years ago
Sam Bankman-Fried, the disgraced former CEO of FTX, has been convicted on all seven charges, including wire fraud, securities fraud, commodities fraud, and money laundering. The jury reached a verdict at around 7:45 p.m. (ET) on Thursday evening acco...
Bitcoin News / Bitcoin.com - 2 years ago
The CEO of JPMorgan Chase, Jamie Dimon, has warned that inflation may be more persistent than many expect, and the government’s fiscal and monetary stimulus in the past several years has been greater than many realize. Dimon also expects more i...
Bitcoin News / Bitcoin.com - 2 years ago
An investigation led by the Organized Crime and Corruption Reporting Project (OCCRP) alleges that Nayib Bukele, President of El Salvador, deviated hundreds of millions of dollars granted by the Central American Bank for Economic Integration (CABEI) t...
Bitcoin News / Bitcoin.com - 2 years ago
Federal prosecutor Nicolas Roos argued this week that Sam Bankman-Fried stole billions in customer funds from his cryptocurrency exchange FTX and lied repeatedly to cover it up, actions that make him guilty on all counts. The prosecutor’s closi...
Bitcoin News / Bitcoin.com - 2 years ago
October proved to be a beneficial period for the broader crypto asset landscape; however, it cast a shadow on the non-fungible token (NFT) sector, witnessing a 21.64% dip in sales. Ethereum’s NFTs took the lion’s share, amassing $171 mi...
Bitcoin News / Bitcoin.com - 2 years ago
Sam Bankman-Fried’s lawyer Mark Cohen gave a final argument Wednesday, portraying the FTX founder as someone who “did his best” and made mistakes but did not commit crimes. Bankman-Fried’s Lawyer: ‘Mistakes Are Not a Cr...
Bitcoin News / Bitcoin.com - 2 years ago
After releasing its new stablecoin PYUSD, the payments giant Paypal disclosed that the U.S. Securities and Exchange Commission (SEC) subpoenaed the company concerning the stablecoin. Paypal stated in its Form 10-Q for the third fiscal quarter that it...
Bitcoin News / Bitcoin.com - 2 years ago
On November 2, 2023, the crypto economy is thriving, boasting a value of $1.31 trillion following a 2.88% increase in the past 24 hours. Bitcoin has notably surpassed the $35,000 mark, showing a 2.8% increase, while a wide array of two dozen digital...
Bitcoin News / Bitcoin.com - 2 years ago
Microstrategy reported a 3.3% increase in total revenues to $129.5 million in the third quarter of 2023, even as the company took impairment losses of $33.6 million on its bitcoin holdings, according to the firm’s latest financial disclosure....
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. November 2nd, 2023 — Bitcoin.com, a pioneer in democratizing cryptocurrency access, is thrilled to announce the upcoming launch of its VERSE token on the Polygon PoS chain. This significant move follows the Verse community’s first-ever...
