Bitcoin News / Bitcoinist - 2 years ago
A number of decentralized finance (DeFi) applications and their communities are vying for protection from a wave of liquidations as a result of the record-breaking collapse in cryptocurrencies, sometimes by taking unheard-of actions. DeFi Staggers In...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin had recovered to $22,000 last week to the surprise of investors. It was an unexpected move on the part of the digital asset but it no doubt did a good number on the market sentiment during that time. The cryptocurrency has since lost a good p...
Bitcoin News / Bitcoinist - 2 years ago
Per a press release shared with Bitcoinist, major car manufacturer KIA has launched a non-fungible token (NFTs) based campaign in the United States. Called “Built for Whoever You Are” the campaign was created in collaboration with creative agency Dav...
Bitcoin News / Bitcoinist - 2 years ago
Along with the rise in popularity of cryptocurrency trading worldwide, there has been a significant increase in the number of crypto scams or frauds. In the UK alone, there have been 34,305 allegations of criminal behavior involving cryptocurrencies...
Bitcoin News / Bitcoinist - 2 years ago
tldr; Authorities in South Korea have connected a new crypto entity called “Flexe” to Terra and Do Kwon, according to local Korean news outlet KBS News. Prosecutors claim that the company, known as FLEXE Corporation, facilitated the movement of mone...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin trading volume spiked up last week as a result of Binance removing fee on its platform. Bitcoin Trading Volume On Binance Alone Registered $11 Billion On 8th July As per the latest weekly report from Arcane Research, the BTC vo...
Bitcoin News / Bitcoinist - 2 years ago
Shiba Inu had been the largest token holding among Ethereum whales for the longest time. These whales had held their tokens for longer and when the price of the token had surged, so had the dollar value of their holdings. However, the digital asset h...
Bitcoin News / Bitcoinist - 2 years ago
Flare, the interoperable layer 1 blockchain, is finally open for business. Its genesis event kicked off on July 14, initiating an eight-week bedding-in period before things kick into high gear with a token generation event. Before then, there’s a lot...
Bitcoin News / Bitcoinist - 2 years ago
The entire crypto space felt a negative impact from the failure of the algorithmic stablecoin UST and Terra’s native token, LUNA. Other top stablecoin projects like Tether’s USDT and Circle’s (USDC) have received more pressure from different angles....
Bitcoin News / Bitcoinist - 2 years ago
In the past, there was only one Indian regulator that campaigned for crypto and represented the sector before the people of India. Today, that very entity will no longer exist. Authorities in India are set to disband the Blockchain and Crypto Assets...
Bitcoin News / Bitcoinist - 2 years ago
Recent news cited that about 175,000 Hyosung’s ATMs will incorporate the Bitcoin purchasing app in their operations. The idea is to facilitate Bitcoin transactions among ATM operators and retailers using Hyosung’s machines. The US crypto...
Bitcoin News / Bitcoinist - 2 years ago
By 2025, the Shanghai City Government intends to intensify its efforts to establish a metaverse industry. The metaverse is evolving as a technology that is garnering the attention of the world’s leading nations and cities. Shanghai, the most po...
Bitcoin News / Bitcoinist - 2 years ago
Compiling taxes for crypto transactions has been a thorn in the side of investors for a long time. This is because, unlike traditional markets, crypto transactions can be numerous as investors move to their preferred projects, and tax filings require...
Bitcoin News / Bitcoinist - 2 years ago
Kazakhstan has imposed new tax rules on crypto miners, this new taxation system shall be differentiating the tax rates on crypto mining. It also includes crypto miners that use renewable energy resources. President of Kazakhstan Kassym-Jomart Tokayev...
Bitcoin News / Bitcoinist - 2 years ago
The Central Bank of Sri Lanka, or CBSL, has cautioned the public against buying cryptocurrencies due to a lack of regulatory monitoring at a time of economic and political upheaval. Sri Lanka Maintain “Crypto Is Illegal” Stance A public a...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin mining difficulty has been adjusting for a while now. With the hashrate falling as more miners go offline due to declining profitability, mining difficulty has been following pretty much the same trend. However, instead of falling the trend t...
Bitcoin News / Bitcoinist - 2 years ago
Co-Founder and CEO at popular non-fungible token (NFT) marketplace OpenSea, Devin Finzer, announced a reduction in the company’s workforce. The platform will let go of 20% of its staff to adjust to the current decline in the crypto industry. Re...
Bitcoin News / Bitcoinist - 2 years ago
According to reports, Snapchat has been investing in a novel method that would let users turn their NFTs into AR lenses. Then, these can be put inside Snaps. Users can now include three-dimensional copies of their NFTs in their Snapchats thanks to th...
Bitcoin News / Bitcoinist - 2 years ago
The emergence of cryptocurrency brought many benefits that the traditional banking system could not offer. Besides its numerous advantages, digital assets provide a seamless and fast means for payments and settlements through transfers. Also, it requ...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin correlation with the US stock market has remained at a high value recently as it saw an increase during the last week. Bitcoin Correlation With Stock Market Observed Slight Growth In Past Week According to the latest weekly rep...
Bitcoin News / Bitcoinist - 2 years ago
Payment company Ripple invested in the non-fungible token (NFT) financing platform Supermojo, according to a press release shared with Bitcoinist. The platform operates under innovative point-of-sale financing aimed at making these digital assets mor...
Bitcoin News / Bitcoinist - 2 years ago
The crypto bear market has had a number of implications, one of these has been in the ability of Web3 projects in the space to make money. However, not every project has run into the problem of difficulty raising funds. In this interview, we sit down...
Bitcoin News / Bitcoinist - 2 years ago
Although non-fungible tokens, or NFTs, have a modest presence in the video game business through GameFi, some players find that to be too much. Quick and ferocious backlash over the prospect of any well-known gaming company using digital currencies h...
Bitcoin News / Bitcoinist - 2 years ago
Cryptocurrency regulation in South Africa seems to have become a reality and will set a pathway to maintain compliance in crypto and Bitcoin assets. The South African Reserve Bank (SARB) is pioneering the regulatory activities expected to start next...
Bitcoin News / Bitcoinist - 2 years ago
One of India’s top crypto prospects, the GARI Network, is enduring a rough ride at the moment as it struggles to regain momentum after an epic crash in value. Earlier this month the GARI token was plodding along nicely, mirroring a wider crypto...
