Bitcoin News / Bitcoinist - 2 years ago
I. The flaws of centralized social media platforms & the problems can be solved by their decentralized counterparts
Today we use social media applications such as WeChat, Discord, Twitter, and Facebook to transcend spatial/temporal limits and com...
Bitcoin News / Bitcoinist - 2 years ago
In the world of stablecoins, Tether USDT was the king until the crash. Since then, others have fought seriously to take the position. But amid all the striving stablecoins, reports have revealed that USDC might soon take over the its position.
The 20...
Bitcoin News / Bitcoinist - 2 years ago
Kraken is among the world’s largest cryptocurrency exchanges which is currently undergoing a federal investigation. The crypto exchange has been suspected of violating U.S sanctions by allowing users in Iran to trade cryptocurrencies.
This alle...
Bitcoin News / Bitcoinist - 2 years ago
Terra has been the target of a second class action lawsuit, and more legal action is likely to be brought against the struggling stablecoin company in the near future.
A Slew Of Lawsuits Against Terra
On Sunday, Bragar Eagel & Squire issued a pre...
Bitcoin News / Bitcoinist - 2 years ago
XRP has won their right to retain their Amici status, this is a major relief to XRP holders. Judge Torres has denied SEC’s motion to revoke the amici status. Apart from that, Judge Torres has also barred attorney John E Deaton from further proc...
Bitcoin News / Bitcoinist - 2 years ago
The reaction to the first installment of âThe Degen Trilogyâ was a unanimous NO. It seems like Coinbase canât get it right with their NFT strategy. First, the company spent millions in a marketplace that nobody uses, and now this. âThe Degen Trilogyâ...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin mining stocks really gained prominence in 2021. Due to the increase in the price of the digital asset, mining profitability shot up, and investors used this as a way to gain exposure to the market. As the market has retraced, though, the mini...
Bitcoin News / Bitcoinist - 2 years ago
There was a huge surge in interest in NFTs throughout the summer of 2021. After a year, the NFT market’s trading volume has plummeted.
Due to the lowest trading volumes in a year and the growing epidemic of NFT hacks, interest in NFTs has decre...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the recent large negative Bitcoin mining difficulty adjustment has provided a significant boost to the miners’ revenues.
Bitcoin Miners Observe Big Boost In Revenues After Difficulty Decrease
As per the latest weekly report from Arca...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin is considered an energy-demanding network. This has brought negative attention from politicians, regulators, institutions, and individuals that claimed the digital asset is contributing to global warming.
Related Reading |Â Harmony Dangles 2 B...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin has fallen more than 70% from its all-time high in November 2021 and has triggered selling pressure with it. While it seemed that institutional investors were going to hold through the bear market, this has not been the case. Over the last co...
Bitcoin News / Bitcoinist - 2 years ago
The Harmony protocol has been getting some flak since the company revealed a hard-fork plan that will generate approximately 5 billion of its native tokens to compensate the victims of the $100 million Horizon Bridge hack that occurred last month.
Pr...
Bitcoin News / Bitcoinist - 2 years ago
RacingNews365’s reported on July 26 that because of France’s advertising laws, numerous Formula One teams were required to conceal or remove decals showing branding by crypto-related companies during the French Grand Prix weekend.
One of...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin, Ethereum, and other major cryptocurrencies took a beating on Tuesday evening, amid a week that had been anticipated to be tumultuous for the larger crypto and world financial markets.
After a week of sustained rallies across the majority of...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin investors heaved a sigh of relief on Wednesday as the popular crypto abruptly reversed course and surpassed the $21,000 threshold as Asian trading hours began, Wednesday.
Since the International Monetary Fund reduced its global growth outlook...
Bitcoin News / Bitcoinist - 2 years ago
Nakamoto Games, the worldâs leading play-to-earn gaming ecosystem, has relentlessly continued the build-out of its platform and social communities while expanding its cross-platform integrations and user services as part of laying the groundwork for...
Bitcoin News / Bitcoinist - 2 years ago
The phrase “metaverse” has recently returned into widespread use on the internet, thanks to Facebook’s name change to Meta and its intent to create a social virtual reality platform for users. Numerous initiatives that use the metav...
Bitcoin News / Bitcoinist - 2 years ago
INTERNET CITY, DUBAI, Jul. 26, 2022 â LBank Exchange, a global digital asset trading platform, will list QUINT on July 28, 2022. For all users of LBank Exchange, the QUINT/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on...
Bitcoin News / Bitcoinist - 2 years ago
Titanium Blockchain Infrastructure Services (TBIS) has pled guilty to a securities fraud of over $21 million crypto scam. The US Department of Justice had announced that Michael Alan Stollery, CEO and Founder of Titanium Blockchain has declared himse...
Bitcoin News / Bitcoinist - 2 years ago
Ripple, Enterprise blockchain and crypto solutions provider has partnered with FOMO Pay. FOMO Pay is a leading Singapore-based institutional digital payment solution provider and has become the latest firm to unify with Ripple’s liquidity solut...
Bitcoin News / Bitcoinist - 2 years ago
Itâs obvious that bitcoin canât free Palestine, letâs begin there. The bitcoin network just offers better money, not a miracle cure. It offers a decentralized currency that canât be debased by any government, no more, no less. The author of âBitcoin...
Bitcoin News / Bitcoinist - 2 years ago
The crypto market is like any financial market and is affected by events according to their outcomes. With the new week has come some important events that will no doubt have an impact on the crypto market and the prices of the digital assets that tr...
Bitcoin News / Bitcoinist - 2 years ago
One of the more unsettling events in the stablecoin sector occurred in May when Terra’s UST lost its 1:1 dollar peg. Chaos resulted from the de-peg, which also utterly destroyed Terra’s legitimacy. Nevertheless, the USDT and USDC survived...
Bitcoin News / Bitcoinist - 2 years ago
Per a report from security firm SonicWall, Crypto jacking has been soaring in 2022. This trend has been unaffected and probably has been boosted by the bearish price action recorded across the digital asset industry.
Related Reading |Â Binance CEO Sue...
Bitcoin News / Bitcoinist - 2 years ago
Data from Glassnode shows the Bitcoin long-term holder cost basis is currently above the realized price of the crypto.
Bitcoin Long-Term Holder Cost Basis May Have Hints For Bear Market Length
As per the latest weekly report from the analytics firm G...