Bitcoin News / Bitcoinist - 2 years ago
In response to the recent collapse of controversial crypto project Terra, Britain is looking into ways to ensure stablecoins don’t threaten their wider financial system.
Her Majesty’s Treasury printed a new consultation paper on Tuesday,...
Bitcoin News / Bitcoinist - 2 years ago
Per a report from the U.S. Department of Justice, two individuals were sentenced to jail for running a money laundry and marijuana business using Bitcoin. The individuals were identified as Kenneth Warren Rhule (28) and Kenneth John Rhule (48), a fat...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin mining hashrate has observed a fall during the month of May as miner revenues continue to stay low.
Bitcoin Mining Hashrate Has Declined During The Last Month
According to the latest weekly report from Arcane Research, the grow...
Bitcoin News / Bitcoinist - 2 years ago
Binance, the largest cryptocurrency exchange in the world, has announced the launch of its own venture capital fund. Binance Labs, the cryptocurrency exchange’s venture capital arm, has raised $500 million to launch a fund that would invest in...
Bitcoin News / Bitcoinist - 2 years ago
The Financial Planning Standards Board (FPSB) issued a statement on crypto influencers, digital assets, and retail trading with these assets. Like many other international bodies, the FPSB seems to have anti-digital asset stands or at least one aim a...
Bitcoin News / Bitcoinist - 2 years ago
Ethereum gas prices have been dropping for a while. The aftermath of the Terra collapse has been riddled with various lows occurring due to the market crash it had triggered. One of these has been the decreased usage of decentralized finance (DeFi) n...
Bitcoin News / Bitcoinist - 2 years ago
South Korea will allocate roughly $177 million into the metaverse to fund companies and jobs in this space.
The metaverse, or living in a virtual world, isn’t a new concept, but it’s only now that the hype around it is gaining rapid attention from ma...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin’s price action over the years has resembled nothing less than a head-shaking rollercoaster ride.
The cryptocurrency sector has been mostly driven by volatility, from the bull run of 2017 to the big crash of 2020 and the present market c...
Bitcoin News / Bitcoinist - 2 years ago
The new Block report, “Bitcoin: Knowledge and Perceptions,” is a tour de force. A massive online survey turned into surprising data. The phenomenally-designed publication challenges several assumptions that the public has about bitcoin. Block’s inten...
Bitcoin News / Bitcoinist - 2 years ago
Poloniex, a global cryptocurrency exchange that has been on the scene since 2014, collaborated with APENFT to integrate a one-stop NFT platform. Eddie Jiang, Poloniex Head of Marketing, discussed the reasons behind cooperation and the future developm...
Bitcoin News / Bitcoinist - 2 years ago
Why a privacy project is using NFTs to grow their network
The Current State of NFTs
NFTs, or non-fungible tokens, are a type of financial asset stored on blockchains. Many of these assets have risen exponentially in value over the past year, establis...
Bitcoin News / Bitcoinist - 2 years ago
Even though the last couple of years have seen a number of crypto-centric events pop up all over the globe, none can be compared to Consensus, a 4-day conference that helps bring together some of the biggest names from within the global economic land...
Bitcoin News / Bitcoinist - 2 years ago
Dubai hotel, The Manor Hotel by JA is now accepting crypto payments. After their partnership with Binance, now guests can use Binance coin (BNB), Bitcoin (BTC) or Ethereum (ETH) to pay for the hotel fare. The hotel has joined the payment gateway whic...
Bitcoin News / Bitcoinist - 2 years ago
The crypto market has been struggling for a while now and has taken the likes of Bitcoin down with it. The result of this extended trend of low prices has been that profitability has dropped across both major and minor digital assets in the space. Fo...
Bitcoin News / Bitcoinist - 2 years ago
Inventor of Cardano and Input-Output Global (IOG) CEO, Charles Hoskinson, gave his opinion on the recent events related to the crash in the Terra Classic network, formally known as Terra. A collapse in the price of its native token LUNA caused the al...
Bitcoin News / Bitcoinist - 2 years ago
Once one of the most popular protocols on the Terra ecosystem, the Mirror Protocol might be seeing its final moments. Per a report from a pseudonym user, know as Fatman on Twitter, the platform has been under attack for the past day with losses amoun...
Bitcoin News / Bitcoinist - 2 years ago
Latest data from Glassnode shows investors in the Bitcoin market have shown strong accumulation behavior recently.
Bitcoin Holders Show Strong Accumulation For First Time In Months
As per the latest weekly report from Glassnode, the BTC accumulation...
Bitcoin News / Bitcoinist - 2 years ago
Crypto mining is proving to be one of Kazakhstan’s important lifelines.
According to a document released by the State Revenue Committee of Kazakhstan’s Ministry of Finance on Tuesday, Bitcoin mining revenues flowed in from 12 different re...
Bitcoin News / Bitcoinist - 2 years ago
International Art fair staged by Art Basel Hong-Kong stay ahead supporting the digital art of work. In Its 2022’s exhibition, held from May 27 to 29, the event mainly brought Non-fungible tokens (NFT) and generative art forms to light. The collection...
Bitcoin News / Bitcoinist - 2 years ago
A new NFT collection called “This Other Eden” will be launched to support the Lesbian, Gay, Bisexual, Transgendered, and Questioning (LGBTQ+) community in the United Kingdom. According to a press release shared with Bitcoinist, the collection is the...
Bitcoin News / Bitcoinist - 2 years ago
South Korea aims to form a digital asset watchdog by June, according to local media sources. The committee will oversee regulation of the space until the government is able to draft basic laws on digital assets.
South Korea Launch Crypto Watchdog
The...
Bitcoin News / Bitcoinist - 2 years ago
Activity on the Cardano network has been on the rise recently. This has come from a lot of developers moving to the network to launch their decentralized applications (DApps) on the blockchain. The rise in activity has also resulted in a direct surge...
Bitcoin News / Bitcoinist - 2 years ago
The Indian Government reportedly will decide and finalise the crypto consultation paper. This consultation paper will comprise inputs from other stakeholders and institutions such as The World Bank and The International Monetary Fund.
This will then...
Bitcoin News / Bitcoinist - 2 years ago
If you have affluent taste, then you’ll know what Prada is all about. Luxury brands today seem to be hedging into the NFT and metaverse space. And it’s not just about chasing the shiny object or the clout effect; it’s a marketing strategy.
Prada, dub...