Bitcoin News / Bitcoinist - 7 months ago
GMX, a decentralized exchange, awarded Collider Research a $1 million bug bounty in 2022. This payout was in recognition of their discovery of a critical bug in GMX’s smart contracts that directly affected how the protocol tracks outstanding de...
Bitcoin News / Bitcoinist - 7 months ago
This week has seen the COMP price put on one of the most impressive rallies amid the bear market. The price recovery has seen the digital asset gain more than 22% over a 7-day period, cementing its position as a top gainer. But even with such an alre...
Bitcoin News / Bitcoinist - 7 months ago
In a significant move targeting the crypto industry, the US Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against Mosaic Exchange Limited, a Pennsylvania limited liability company, and its owner and Chief Executive...
Bitcoin News / Bitcoinist - 7 months ago
The Bitcoin price has been gaining momentum and steadily rising back to a more bullish price position of $30,000. Despite market downturns, long-term holders of the cryptocurrency are increasing their investments in hopes of a significant bull run. s...
Bitcoin News / Bitcoinist - 7 months ago
Earlier this week, JPMorgan Chase UK, a standalone digital banking entity in the UK since 2021, delivered surprising news. They announced that their customers would no longer have the option to purchase crypto using Chase UK debit cards or via bank t...
Bitcoin News / Bitcoinist - 7 months ago
Bitcoin traders and enthusiasts have been eagerly anticipating the next significant move in the cryptocurrency market, with memories of the 2019 fakeout rally still fresh in their minds.
However, one prominent BTC trader, known as Dave the Wave on t...
Bitcoin News / Bitcoinist - 7 months ago
A significant investor in this ADA ecosystem believes some Cardano news has gone unnoticed; this development could increase optimism in the network. Via social media platform X, the pseudonym ADA investor made the case for the “bullish development”...
Bitcoin News / Bitcoinist - 7 months ago
Digital asset expert and XRP enthusiast WrathofKahneman has come out to debunk claims of a new backdoor in the XRP Ledger and its effect on the XRP price. This comes in light of a rumor circulating about “secret amendments” in the XRPL. ...
Bitcoin News / Bitcoinist - 7 months ago
In the world of Bitcoin mining, the concept of decentralization versus centralization has been a subject of ongoing debate.
Recent data from Hash Index has shed new light on this discussion by revealing that public miners make up just 28% of Bitcoin...
Bitcoin News / Bitcoinist - 7 months ago
In a significant announcement, the National Bank of Georgia (NBG) has shortlisted Ripple Labs alongside eight other firms as potential technology partners for its Central Bank Digital Currency (CBDC) pilot project titled “Digital GEL.”
Ri...
Bitcoin News / Bitcoinist - 7 months ago
In a significant development for the cryptocurrency industry, Su Zhu, co-founder of the failed hedge fund Three Arrows Capital (3AC), was arrested at Changi Airport in Singapore while attempting to leave the country.
Zhu’s arrest led to a subs...
Bitcoin News / Bitcoinist - 7 months ago
On-chain data shows that large Chainlink holders have been buying during the past two weeks, a sign that’s positive for the coin’s rally.
Chainlink Sharks & Whales Have Added Another $53 Million In LINK
As pointed out by analyst Ali i...
Bitcoin News / Bitcoinist - 7 months ago
Following Judge Analisa Torres’s ruling that programmatic XRP sales did not qualify as securities, the SEC filed an interlocutory appeal with the court. This meant that the US Securities and Exchange Commission (SEC) did not agree with the ruling, an...
Bitcoin News / Bitcoinist - 7 months ago
Crypto is at the forefront of the European Commission’s financial services directorate’s proactive efforts to address the increasing environmental concerns in the digital assets industry.
In a recent development, the Commission has initia...
Bitcoin News / Bitcoinist - 7 months ago
Pro-XRP attorney John Deaton has been honored with the inaugural Defender of Freedom Award by the International Congress of Blockchain Legal Advisors (ICBLA). This award recognizes individuals and entities that have displayed exemplary dedication to...
Bitcoin News / Bitcoinist - 7 months ago
The trial of the former CEO of defunct crypto exchange FTX Sam Bankman-Fried (SBF) has taken full shape with just less than a week before it commences. In preparation, the court has released the trial calendar, which shows how long the case is expect...
Bitcoin News / Bitcoinist - 7 months ago
The United States Securities and Exchange Commission (SEC) has once again deferred its decisions regarding multiple proposals for spot Bitcoin exchange-traded funds (ETFs) from leading financial institutions, including BlackRock. This move by the SEC...
Bitcoin News / Bitcoinist - 7 months ago
Project Mariana, an initiative whose goal was to explore the application of central bank digital currencies (CBDCs) in enhancing the efficiency and security of cross-border payments, has been successfully concluded, the Bank of France has confirmed....
Bitcoin News / Bitcoinist - 7 months ago
Coinbase, the renowned cryptocurrency trading platform, has announced that its Bermuda-based entity, Coinbase International Exchange, has received regulatory approval from the Bermuda Monetary Authority (BAM) to offer perpetual futures to retail cust...
Bitcoin News / Bitcoinist - 7 months ago
Prominent investment manager VanEck has revealed plans to launch an Ethereum Futures exchange-traded fund (ETF). Interestingly, this development comes a few hours following news that the US Securities and Exchange Commission (SEC) was looking to fast...
Bitcoin News / Bitcoinist - 7 months ago
One word to describe the current state of the community when it comes to the XRP price is ‘bullish’. This extreme state of bullishness is spurred on by crypto analysts far and wide presenting various bullish scenarios, with some expecting the XRP pri...
Bitcoin News / Bitcoinist - 7 months ago
Sam Bankman-Fried (SBF), former CEO of the now-defunct FTX exchange, will attend his trial from behind bars after the latest court decision on Thursday.
Why Sam-Bankman Fried Will Remain In Jail Until Trial
According to various reports, on September...
Bitcoin News / Bitcoinist - 7 months ago
Ripple’s Chief Technology Officer (CTO) David Schwartz has further clarified the actual use case of his company’s XRP Ledger and its utility token XRP following comments that put the network’s reputation in question.
XRP’s Actual Utility
A particula...
Bitcoin News / Bitcoinist - 7 months ago
Binance, the world’s largest crypto exchange, recently made headlines with its decision to exit the Russian market. But the aftershocks of this have led to further revelations, particularly concerning the involvement of the platform’s for...
Bitcoin News / Bitcoinist - 7 months ago
In a surprising turn of events, Ripple CEO Brad Garlinghouse announced that the company has decided to abandon its direct acquisition of financial institution Fortress Trust.
The decision marks a significant departure from Ripple’s earlier int...