Bitcoin News / Bitcoinist - 2 years ago
Celsius Network had its first limited withdrawals back on June 13th, and it had taken about one month from that point for the company to finally come forward and file for bankruptcy. It put an end to the speculation in the market regarding the solven...
Bitcoin News / Bitcoinist - 2 years ago
The Bitcoin Mining Council (BMC) published the results of their Q2, 2022, a survey on the state of the sector, its electricity consumption, and technological efficiency. The nonprofit organization claims it has collected data from 50% of the BTC netw...
Bitcoin News / Bitcoinist - 2 years ago
Minecraft is on the short-list of iconic video games that have truly stood the test of time. The title has endured over a decade of innovation in gaming, and still stands as a highly respected, highly engaged title. This week, the staff at Minecraft...
Bitcoin News / Bitcoinist - 2 years ago
The South Korean cryptocurrency ecosystem is still experiencing issues because of the Terraform Labs probe. According to reports, the nation’s authorities advanced the probe on Wednesday with their most recent actions. The investigation into th...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the recent Bitcoin hashrate downtrend has lead to the largest negative adjustment in the mining difficulty during the past year.
Bitcoin Mining Difficulty Plunges Down As Hashrate Continues To Decline
According to the latest weekly report...
Bitcoin News / Bitcoinist - 2 years ago
The Singapore-based cryptocurrency exchange Zipmex is the most recent in a line of crypto businesses to halt user withdrawals and transactions “until further notice.”
Zipmex Halts Customer Withdrawals
In light of the unstable market condi...
Bitcoin News / Bitcoinist - 2 years ago
Three Arrows Capital (3AC) had been the largest crypto fund in the space before its eventual crash back in July. The fund, which supposedly held billions in assets, had been revealed to be in massive debt and, as a result, had to be liquidated. This...
Bitcoin News / Bitcoinist - 2 years ago
An industry body announced on Wednesday that major bitcoin mining facilities in Texas have resumed operations following power outages earlier in the month caused by hot temperatures that triggered a rise in electricity use.
According to sources, oper...
Bitcoin News / Bitcoinist - 2 years ago
Crypto exchange Coinbase addressed the insolvency rumors which have emerged over the past week. These claims stated that the U.S. publicly traded company was exposed to the failed hedge fund Three Arrows Capital (3AC). The latter has defaulted on ove...
Bitcoin News / Bitcoinist - 2 years ago
Stablecoins backed by fiat currencies will be considered as a form of payment as regulators in the United Kingdom introduce new rules governing its use to the country’s parliament on Wednesday.
The long-awaited Financial Services and Markets Bill wil...
Bitcoin News / Bitcoinist - 2 years ago
The Carbon Removal cause will fund community-focused projects that are helping fight climate change and reduce the global carbon footprint.
EarthFund launches the Carbon Removal DAO, led by Dr Lucy Tweed.
The fund aims to fund community-led projec...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin, with all the green surrounding it on crypto exchange monitors, has again found a strong ally in a Wall Street stalwart.
Billionaire Mike Novogratz, unfazed by the recent negativity engulfing the broader crypto market, is back with another pr...
Bitcoin News / Bitcoinist - 2 years ago
According to a press release shared with Bitcoinist, Polygon (MATIC) will launch the first Ethereum equivalent layer two scaling solution, called Polygon zkEVM. Based on Zero Knowledge (ZK) Proof or zk roll-up technology, as the name suggests, this s...
Bitcoin News / Bitcoinist - 2 years ago
The art of trading crypto assets has minted several millionaires over the past decade; today, we have over 13,000 cryptocurrencies listed on both centralized and decentralized exchanges. More importantly, the crypto market is a 24/7 ecosystem which m...
Bitcoin News / Bitcoinist - 2 years ago
Crypto lending platform Celsius Network had filed for bankruptcy on July 13. A month prior to that the crypto lender had ceased withdrawals along with transfers from accounts. Celsius representatives appeared in court which is in relation to the comp...
Bitcoin News / Bitcoinist - 2 years ago
The Federal Trade Commission (FTC) issued a consumer alert last month regarding the growing risk of crypto frauds. The FBI is now adding its voice to the chorus by issuing its own warning.
FBI Cautions Against Crypto Scam Apps
The agency is alerting...
Bitcoin News / Bitcoinist - 2 years ago
Cadbury Gems proceeded into the world of Non-Fungible Token (NFT) collection through their new campaign. The campaign is called the Junior NFT campaign. The chocolate manufacturing company has decided on a blockchain collaboration with a philanthropi...
Bitcoin News / Bitcoinist - 2 years ago
The battle for supremacy among crypto exchanges has often come down to the amount of bitcoin that they hold. This is due to the prestige that comes with the pioneer cryptocurrency and, of course, the value that it commands. For the longest time, Coin...
Bitcoin News / Bitcoinist - 2 years ago
Organismo Agenti e Mediatori in Italy has granted regulatory license to cryptocurrency exchange Crypto.com (CRO-USD) so that it may offer its products and services to customers there.
Crypto.com Expands To Italy
Italian regulators have given Crypto.c...
Bitcoin News / Bitcoinist - 2 years ago
One of the forces not to be ignored as a crypto investor is the Security and Exchange Commission, SEC. The body does everything it can to either regulate crypto or scrap the industry if possible. Unfortunately, many digital operators, including netwo...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the large cap cryptos have been outperforming the others this month so far, thanks to Ethereum’s latest rally.
Ethereum’s Dominance Has Gone Up Over 3.4% During The Past Week
As per the latest weekly report from Arcane Research...
Bitcoin News / Bitcoinist - 2 years ago
The market might be down, but you would be mistaken to think there are no opportunities available to make a profit. Even during extended bear markets, there are always pockets of the industry that see growth.
The only problem is finding these little...
Bitcoin News / Bitcoinist - 2 years ago
Since Celsius Network limited withdrawals, swaps, and transfers last month, it has been a rollercoaster for users trying to get their funds off the platform. It all came to a head last week when the lending protocol had finally filed for Chapter 11 b...
Bitcoin News / Bitcoinist - 2 years ago
Anthony Scaramucci and SkyBridge Capital will be the talk of the town in the coming days — until they make sure there’s no “damage to investors who want to stay in the funds.”
The cryptocurrency market as a whole is still reel...
Bitcoin News / Bitcoinist - 2 years ago
Mogul Productions announced the upcoming launch of a non-fungible token (NFT) series, called “The Mogies”. In association with CHAVVO Studios, a transmedia production team founded by former Simpsons animator Erick Tran, the series will be inspired by...