Bitcoin News / Bitcoinist - 1 week ago
After orchestrating a series of hacks on two decentralized cryptocurrency exchanges (DEXs) that stole more than $12 million worth of crypto, former security engineer Shakeeb Ahmed was sentenced today to three years in prison, this is the first-ever s...
Bitcoin News / Bitcoinist - 1 week ago
According to local reports, the Australian Securities and Investment Commission (ASIC) has started legal procedures against two crypto companies and their directors for operating unlicensed in the country. Allegedly, the companies participated in an...
Bitcoin News / Bitcoinist - 1 week ago
On-chain data shows that Litecoin’s long-term holders have achieved a new record: 62.5% of all LTC investors now qualify as these HODLers.
There Are Now More Than Five Million Litecoin Long-Term Holders
According to data from the market intelli...
Bitcoin News / Bitcoinist - 1 week ago
The Ethereum (ETH) community has continued to eagerly await news on approving a spot Ethereum Exchange-Traded Fund (ETF) slated to occur by May.
However, as the US Securities and Exchange Commission (SEC) maintains a conspicuous silence on the matter...
Bitcoin News / Bitcoinist - 1 week ago
John Deaton, a pro-XRP lawyer and crypto advocate, is running for a seat in the US Senate against Elizabeth Warren, known for her skepticism on cryptocurrencies, when US regulators are stepping up their enforcement actions and crackdowns on the crypt...
Bitcoin News / Bitcoinist - 1 week ago
The Dogecoin price has continued to trend around the $0.19-$0.2 level after encountering significant resistance from the bears at this level. This has caused a suppressed price action over the last week, stopping the meme coin’s advancement in its tr...
Bitcoin News / Bitcoinist - 1 week ago
A recent financial report from Streami, the parent company of Gopax, revealed that the South Korean cryptocurrency exchange experienced significant revenue growth and a notable reduction in net losses in 2023.
Gopax’s Revenue Surge And Net Loss...
Bitcoin News / Bitcoinist - 1 week ago
Since the Spot Bitcoin Exchange-Traded Funds (ETFs) were approved, market experts have continued to give their opinions on the possibility of other crypto ETFs, such as an XRP ETF launching soon. Ripple’s CEO Brad Garlinghouse has now joined the conv...
Bitcoin News / Bitcoinist - 1 week ago
In a significant development, HashKey Group, the operator of one of the two licensed cryptocurrency exchanges in Hong Kong, has announced a collaboration with The Open Network (TON), the blockchain operator created by Telegram Messenger.
According t...
Bitcoin News / Bitcoinist - 1 week ago
Dogecoin developer and contributor, Mishaboar has warned the Dogecoin community of the risks involved in engaging the cryptocurrency leverages and derivatives market. He explains that the current market is too volatile and unpredictable for investors...
Bitcoin News / Bitcoinist - 1 week ago
On-chain data shows the Bitcoin exchange inflows have remained low recently, a sign that the whales have been disinterested in selling.
Bitcoin Inflows For Binance & OKX Have Stayed Low Recently
As pointed out by CryptoQuant founder and CEO Ki Yo...
Bitcoin News / Bitcoinist - 1 week ago
Hong Kong is on the cusp of approving its first spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) with potential final approvals as early as Monday, according to Bloomberg, citing two people familiar with the matter. This move positi...
Bitcoin News / Bitcoinist - 1 week ago
Grayscale’s Chief Executive Officer (CEO) Michael Sonnenshein recently revealed when his company will reduce fund fees for the Grayscale Bitcoin Trust (GBTC). His statement comes amid concerns about outflows from the fund, which have continued to ove...
Bitcoin News / Bitcoinist - 1 week ago
In a noteworthy shift in the financial regulatory legal field, Ripple Chief Legal Officer (CLO) Stuart Alderoty has announced a crucial ruling by the Second Circuit Court of Appeals regarding the United States Securities and Exchange Commission (SEC)...
Bitcoin News / Bitcoinist - 1 week ago
A recent poll conducted by Christine Kim, a researcher at Galaxy Digital, has revealed significant misconceptions within the Ethereum community regarding the blockchain’s economic security. The poll, which asked the crypto community to assess t...
Bitcoin News / Bitcoinist - 1 week ago
In a dramatic conclusion to a five-year legal saga, Craig Wright, the controversial figure who claims to be the elusive creator of Bitcoin, has dropped his lawsuit against a prominent Bitcoin enthusiast known as Hodlonaut.
The culmination of this len...
Bitcoin News / Bitcoinist - 1 week ago
Recent SEC filings under the Form 13F have disclosed that several major Wall Street firms and US banks have started purchasing Bitcoin ETFs. These revelations underscore a growing institutional interest in Bitcoin, which could have considerable impli...
Bitcoin News / Bitcoinist - 1 week ago
Uniswap, the pioneering decentralized exchange (DEX), finds itself at the center of a legal maelstrom as the US Securities and Exchange Commission (SEC) sets its sights on the platform.
The unexpected developments echo throughout the bitcoin space, i...
Bitcoin News / Bitcoinist - 1 week ago
Solana continues to be on the news, this time due to some projects based on the chain having a dispute. Solana-based lending and borrowing protocol MarginFi has recently been “beefing” with Solend, another lending protocol, and SolBlaze, a liquid sta...
Bitcoin News / Bitcoinist - 1 week ago
Uniswap Labs, the software development company behind the decentralized exchange (DEX) Uniswap, was served with a Wells Notice by the US Securities and Exchange Commission (SEC) on Wednesday, which could result in an Enforcement Action.
Amid these re...
Bitcoin News / Bitcoinist - 1 week ago
On-chain data shows the Bitcoin mining difficulty has risen by 4% recently as the mining hashrate has approached all-time high (ATH) levels.
Bitcoin 7-Day Mining Hashrate Is Back Near ATH Levels
The “mining hashrate” refers to the total c...
Bitcoin News / Bitcoinist - 1 week ago
A recent Fortune Magazine report revealed that Dapper Labs, a prominent non-fungible token (NFT) company, was under investigation by the Securities and Exchange Commission (SEC) until September 2023.
The internal agency document obtained by Fortune...
Bitcoin News / Bitcoinist - 1 week ago
Dogecoin investors have recently seen the crypto stalling at the $0.2 mark as bullish sentiment amongst whales and other traders starts to falter. Interestingly, DOGE has yet to have a tangible breakout above the $0.2 mark since March 31. In fact, th...
Bitcoin News / Bitcoinist - 1 week ago
Montenegro’s High Court has once again approved the extradition of Do Kwon, a key figure in the cryptocurrency Terra Luna crash, paving the way for a potential transfer to the United States.
The decision came after the local Supreme Court over...
Bitcoin News / Bitcoinist - 1 week ago
The Shiba Inu ecosystem has hit another remarkable milestone, surpassing four million total addresses on its network. This achievement comes amidst fluctuations in the cryptocurrency’s price and a string of sharp declines that have pushed its value b...