Bitcoin News / Bitcoinist - 7 months ago
The Shiba Inu team issued a stern warning against a rising tide of fraudulent activities targeting the Shibarium platform. Digarch (@Digarch) posted via X, “SHIBARMY extreme caution is advised in these volatile times,” and referred to DaVinci, a prom...
Bitcoin News / Bitcoinist - 7 months ago
In May, the crypto community endured devastating losses to hackers, resulting in the highest loss tally recorded in 2024 to date.. According to a report from blockchain security firm Peckshield, hackers made away with $385 million in May, highlightin...
Bitcoin News / Bitcoinist - 7 months ago
Coinbase, the leading US cryptocurrency exchange, is doubling down on its fight with the Securities and Exchange Commission (SEC), accusing the regulatory body of attempting to strangle the crypto industry through “regulation by enforcement....
Bitcoin News / Bitcoinist - 7 months ago
The FTX bankruptcy estate has been involved in several asset liquidations over the past year, as they seek to fully reimburse former customers of the now-defunct exchange. In the latest development in the ongoing proceedings, the estate has sold the...
Bitcoin News / Bitcoinist - 7 months ago
The gates of Lompoc Federal Correctional Institution clanged shut on a fallen titan this week. Changpeng Zhao, better known as “CZ” and the billionaire founder of Binance, the world’s largest cryptocurrency exchange, began a four-mo...
Bitcoin News / Bitcoinist - 7 months ago
The Shiba Inu (SHIB) ecosystem had an event-filled week with several developments surrounding the meme coin. These developments again highlighted the mixed sentiment towards Shiba Inu (SHIB), with the crypto token running the risk of declining furthe...
Bitcoin News / Bitcoinist - 7 months ago
A new crypto report has disclosed that the number of people who own digital assets has surpassed 6.8%. This surge in adoption comes ahead of the highly anticipated crypto bull run, with many seeing cryptocurrencies as a valuable form of investment. ...
Bitcoin News / Bitcoinist - 7 months ago
The price of Gala Games (GALA) has been moving in a consolidation manner for a while now, moving between $0.05288 and $0.03758, forming a Descending Triangle pattern in the process. GALA has been on a bearish trend since hitting its all-time high of...
Bitcoin News / Bitcoinist - 7 months ago
In a landmark case highlighting the perils of unchecked cryptocurrency investments, Rashawn Russell, a former investment banker, has been sentenced to 41 months in federal prison. The Eastern New York District Court handed down the sentence after Rus...
Bitcoin News / Bitcoinist - 7 months ago
Bitcoin sharks and whales are relentless in accumulating the flagship crypto despite its unimpressive price action. These categories of investors are seen to have increased their Bitcoin positions in the last five months. This is undoubtedly bullish...
Bitcoin News / Bitcoinist - 7 months ago
Hong Kong, a financial hub with a burgeoning interest in cryptocurrency, is undergoing a regulatory shakeup. The Securities and Futures Commission (SFC) has flexed its muscles, forcing unlicensed crypto businesses to exit the market and tightening th...
Bitcoin News / Bitcoinist - 7 months ago
Dogecoin was one of the best-performing assets in the crypto market in the past month, outshining blue-chip cryptocurrencies like Bitcoin. According to data from CoinGecko, the meme coin’s price rose by more than 26%, while BTC increased in value by...
Bitcoin News / Bitcoinist - 7 months ago
US President Joe Biden has vetoed congressional resolution H.J. Res.109, which seeks to repeal the US Securities and Exchange Commission (SEC) Staff Accounting Bulletin (SAB) No.121, a controversial guidance measure that is widely viewed as anti-cryp...
Bitcoin News / Bitcoinist - 7 months ago
The long-awaited arrival of spot Bitcoin ETFs in January 2024 has proven to be a watershed moment for the cryptocurrency market. Industry figures like Lynn Martin, president of the New York Stock Exchange Group, are crediting these exchange-traded fu...
Bitcoin News / Bitcoinist - 7 months ago
In a significant development, Tether, the issuer of the widely used stablecoin USDT, has acquired a $100 million stake in Bitdeer Technologies Group, a US-listed Bitcoin miner owned by Chinese billionaire Jihan Wu. Notably, the deal includes an opti...
Bitcoin News / Bitcoinist - 7 months ago
Here’s how Dogecoin (DOGE) and Shiba Inu (SHIB) compare against the top coins in the cryptocurrency sector in terms of the “active addresses.” Dogecoin & Shiba Inu Compared Against The Others In Active User Count In a new post o...
Bitcoin News / Bitcoinist - 7 months ago
In a recent filing, US-based cryptocurrency exchange Coinbase has made sharp accusations against the US Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, claiming their actions aim to stifle the cryptocurrency sector. The fili...
Bitcoin News / Bitcoinist - 7 months ago
Gabor Gurbacs, a strategic advisor at Tether, the issuer of USDT, recently spotlighted Bitcoin’s potential in “revolutionizing” how central banks handle and secure national reserves, using India’s logistical challenges with go...
Bitcoin News / Bitcoinist - 7 months ago
DMM Bitcoin, one of Japan’s largest cryptocurrency exchanges, recently suffered a major setback when it reported a loss of 48 billion yen ($305 million) in Bitcoin (BTC) due to a security breach. The incident, discovered on May 31, 2024, revea...
Bitcoin News / Bitcoinist - 7 months ago
XRP is among the altcoins that continue to command a large following even after putting on a poor performance for the last few years. At the same time, expectations for the altcoin have fluctuated between bullish and bearish, especially in the long t...
Bitcoin News / Bitcoinist - 7 months ago
Bitcoin firm Unchained partnered with the University of Austin (UATX) to launch the first long-term endowment fund held in the flagship cryptocurrency. The partnership seeks to create a strong relationship between the firm and the university to benef...
Bitcoin News / Bitcoinist - 7 months ago
Bitcoin has seen a notable price increase since the start of the year, largely thanks to 2024 ushering in the bull run for this market cycle. This surge in Bitcoin’s price has led to an impressive amount of Bitcoin millionaire wallets being created d...
Bitcoin News / Bitcoinist - 7 months ago
In a striking crypto breach of trust, an Indian police officer, Chandrahar SR, was recently arrested for illicitly siphoning off Bitcoin worth approximately INR 1.8 crores ($216,000). This misconduct occurred amid an investigation into a major crypto...
Bitcoin News / Bitcoinist - 7 months ago
On-chain data reveals the Dogecoin whales have participated in a significant amount of net buying during the last three days. Dogecoin Whales Have Seen Their Holdings Rise Recently As explained by analyst Ali Martinez in a post on X, DOGE whales have...
Bitcoin News / Bitcoinist - 7 months ago
Ripple Labs, Inc., an American technology and crypto payments company, has announced plans to donate a whopping $25 million to a crypto-focused political committee. Brad Garlinghouse, the Chief Executive Officer (CEO) of Ripple, has provided insights...
