Bitcoin News / Bitcoinist - 2 years ago
Deputy Governor for Financial Stability at the Bank of England Jon Cunliffe addressed the “Crypto Winter”, financial risk in the sector, and regulation. Speaking at an event at the British High Commissioner’s Residence in Singapore, Cunliffe shared f...
Bitcoin News / Bitcoinist - 2 years ago
Venture advisor for Presight Capital Patrick Hansen shared the results of three new research articles on Bitcoin and crypto’s climate risk, decentralized finances (DeFi), and stablecoins. Published by the European Central Bank (ECB), the articles hig...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows the Bitcoin supply in loss is still around 48%, which is lesser than the values observed during past bear market bottoms. About 52% Of The Total Bitcoin Supply Is In Profit At The Moment As pointed out by an analyst in a CryptoQua...
Bitcoin News / Bitcoinist - 2 years ago
Investor sentiment in the crypto market has been on the decline since the bitcoin crash in June but had begun to see some uptick once the price began to stabilize. That is until another dip sent the price of bitcoin back below $20,000 and has once mo...
Bitcoin News / Bitcoinist - 2 years ago
The collapse of algorithmic Terra USD has created many setbacks and distortion in the broader crypto space. The outcome could only be better imagined for most projects running on the platform. Lots of the projects got a direct impact from the stablec...
Bitcoin News / Bitcoinist - 2 years ago
It appears that the current crypto market turmoil is not affecting sports sponsorships. This is revealed from the recent sealed deal between Manchester City and OKX crypto exchange company. Manchester City is sitting strong on the current deal they h...
Bitcoin News / Bitcoinist - 2 years ago
A heat wave is about to hit Texas, and the bitcoin mining community is doing its part. This is the moment where the demand response program shows what it can do for the Texan community, but that’s still not enough for mainstream media. The Bloomberg...
Bitcoin News / Bitcoinist - 2 years ago
Attackers looted at least $4.7 million worth of Ethereum from cryptocurrency exchanges through a fraudulent token scam targeting liquidity providers (LPs) of the Uniswap v3 protocol (ETH). As of now, before an upcoming valid ad for a new coin is publ...
Bitcoin News / Bitcoinist - 2 years ago
The AABB Gold Token (AABBG) is on the verge of expanding its ecosystem. The token, backed by gold, has already gained much traction in the market. Now, the team behind the project is planning to launch a new crypto payment gateway for B2B and B2C tra...
Bitcoin News / Bitcoinist - 2 years ago
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Bitcoin News / Bitcoinist - 2 years ago
The founders of Three Arrows Capital are nowhere to be found, a filing by advisory firm Teneo, which is expected to liquidate the remaining assets of the embattled cryptocurrency hedge fund, disclosed. Late in June, Three Arrows filed for Chapter 15...
Bitcoin News / Bitcoinist - 2 years ago
tldr; Binance, the largest cryptocurrency exchange in the world, continued to serve Iranian customers despite a company ban and economic penalties on Iran, according to a Reuters report. This runs counter to Binance’s statements that it stopped serv...
Bitcoin News / Bitcoinist - 2 years ago
Less than 60 days following the beta release of their new Ethereum-based NFT wallet, GameStop has gone live with their long-awaited NFT marketplace. The release tracks alongside anticipated deadlines, as the company forecasted earlier this year that...
Bitcoin News / Bitcoinist - 2 years ago
Dogecoin investors are caught in the middle of the bear market just like all of the other cryptocurrencies. With the downtrend, investors across a number of digital assets have seen their profitability decline with most being in more losses than thos...
Bitcoin News / Bitcoinist - 2 years ago
The cryptocurrency market has suffered greatly, particularly since Bitcoin had its worst quarter in 11 years. According to data releasedby Immunefi, a leading bug bounty and security services platform, the Decentralize Finance (DeFi) ecosystem lost $...
Bitcoin News / Bitcoinist - 2 years ago
Crypto lending firm Voyager posted an update on its “restructuring process” and how it will impact its crypto users. Last week, the company filed for bankruptcy following a default on a $650 million loan issued to investment firm Three Arrows Capital...
Bitcoin News / Bitcoinist - 2 years ago
Though caught up in the web of the prevailing crypto bear market, Celsius adversely impacted the situation. The crypto lending platform has been struggling to break loose from the effect of insolvency. It suspended customers’ withdrawal from th...
Bitcoin News / Bitcoinist - 2 years ago
Weekly deposits of the Ethereum 2.0 staking contract have been going down recently due to the plunging price of ETH, and are now at the lowest value ever. Ethereum 2.0 Contract Is Now Observing Only 122 32-ETH Deposits Per Day As per a report from an...
Bitcoin News / Bitcoinist - 2 years ago
Financial service platform Revolut launched a crypto educational tool on Polkadot (DOT) and the nascent industry. Aimed at making the jargon and the complexities of the digital asset class easy to understand, Crypto Learn will be comprised of two cou...
Bitcoin News / Bitcoinist - 2 years ago
As the crypto bear market rages on, investors have had to deal with multiple exchanges and platforms limiting/blocking withdrawals due to “extreme market conditions.” This is why we have reached out to Adam O’Neill, CMO at Bitrue. In this interview,...
Bitcoin News / Bitcoinist - 2 years ago
The G20 has thus far restricted itself to merely keeping an eye on the cryptocurrency market, noting that it has found no compelling reason to strictly clamp down on the industry because it poses no “systemic risk.” The Financial Stabilit...
Bitcoin News / Bitcoinist - 2 years ago
Revolut has entered the crypto educational sector with a new initiative designed to foster “financial literacy.” The program, which will teach crypto newcomers the basics of digital assets, starts with a primer on all things Polkadot – and there’s $...
Bitcoin News / Bitcoinist - 2 years ago
The rate of digital currency adoption in Kenya is unlike any other country in Africa. The United Nations reports that Kenya has the highest proportion of its people holding cryptocurrencies in Africa, highlighting the country’s exposure to the...
Bitcoin News / Bitcoinist - 2 years ago
Following the UST depeg, the crypto market started to crumble: crypto institutions crashed, exchanges suspended withdrawals, and lending protocols suffered from liquidation and runs, presenting a huge liquidity crisis. The domino effect has also full...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin will weather the ongoing crypto storm and come out stronger, a top crypto expert predicts. Ruchir Sharma, the chairman of investment management company Rockefeller International, has never had any doubts about the potential of bitcoin, not on...
