Bitcoin News / Bitcoinist - 2 years ago
Bybit has announced the first-ever Formula One sponsorship deal with Oracle Red Bull Racing. The Singaporean crypto company will be backing its efforts to become a top team in motorsports, jumpstarting this new partnership by becoming “Principl...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the cash flow of Bitcoin miners has halved since the price all-time high set in early November of last year. Bitcoin Miner Cash Flow Halves As Hashrate Makes New ATH And Price Declines As per the latest weekly report from Arcane Research,...
Bitcoin News / Bitcoinist - 2 years ago
Although cross-chain bridges have proven useful so far, the time has come to look beyond these semi-archaic solutions. When suer funds are at stake, it is safe to say the approach may not be ideal. Portal puts an end to wrapped tokens and third-party...
Bitcoin News / Bitcoinist - 2 years ago
There’s no doubt or uncertainty in calling the NFT market the big trend of 2022 – and that’s pretty evident from the numbers generated. Bloomberg reports that during 2021, NFT transactions are estimated to exceed $41 billion. But it...
Bitcoin News / Bitcoinist - 2 years ago
The 2022 Winter Olympics in Beijing were the first time the entire world heard about China’s first official digital currency: the digital yuan. According to a Reuters report quoting officials from the People’s Bank of China (PBoC), the 20...
Bitcoin News / Bitcoinist - 2 years ago
The metaverse is booming and so more players are entering into the space. This is the case with Victoria’s Secret, a luxury lingerie line that has dominated the market for the longest time. It has joined the long list of fashion brands that have been...
Bitcoin News / Bitcoinist - 2 years ago
The seven executive employees of the South Korean V Global exchange were found guilty on Friday for the crypto fraud of 2 trillion won ($1.7 billion), authorities sentenced them to jail with hefty fines, per the Forkast report. Acting like a Pyramid...
Bitcoin News / Bitcoinist - 2 years ago
While crypto market values are seeing ups and downs over a couple of weeks, the Gala price has jumped 19% in the 24 hours on Feb 15, and giant coins like BTC, ETH saw a single-digit gain on the contrary. Gala games is a blockchain-based gaming studio...
Bitcoin News / Bitcoinist - 2 years ago
Many new digital assets use a popular fundraising method to help launch their token, known as an ICO or initial coin offering. ICOs earn capital for digital assets in their early stages by minting a certain quantity of their native token and offering...
Bitcoin News / Bitcoinist - 2 years ago
One of the most interesting yet unexpected outcomes of blockchain technology is its impact on the global gaming industry. Blockchain technology unlocked a whole new dimension in gaming, creating the possibility for community-owned games, virtual econ...
Bitcoin News / Bitcoinist - 2 years ago
Though digital assets are down, many other sectors of the blockchain space are flourishing. The NFT and metaverse spaces are doing exceptionally well. The NFT market surpassed the $7 billion mark with many indicators of further enterprise adoption wi...
Bitcoin News / Bitcoinist - 2 years ago
Decentralized finance (DeFi) came into existence a few years ago but only recently rose to fame. Like cryptocurrencies, this emerging financial technology runs on distributed ledgers and replaces intermediaries with smart contracts, making the entire...
Bitcoin News / Bitcoinist - 2 years ago
Anthony Noto, CEO of SoFi Technologies, talked about the risks associated with cryptocurrency before revealing that he holds some digital assets. In an interview with CNBC, Noto explained; We’re invested in cryptocurrency. We own bitcoin, we ow...
Bitcoin News / Bitcoinist - 2 years ago
The Bitcoin network hash rate notched a new all-time high of 248.11 million terahashes per second (TH/s) on Saturday. It has risen from 188.40 EH/s to its new all-time high in just one day, according to Blockchain.com data. In the previous few hours,...
Bitcoin News / Bitcoinist - 2 years ago
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Bitcoin News / Bitcoinist - 2 years ago
The components of a new era of technology are intersecting on a grand scale — and JPMorgan is at the forefront, trailblazing new frontiers in the metaverse. JPMorgan has just released a whitepaper on the metaverse, projecting the emerging virtu...
Bitcoin News / Bitcoinist - 2 years ago
When r/Bitcoin moderators began censoring content and banning users they disagreed with, r/btc became a community for free and open crypto discussion. This happened long before the creation of Bitcoin Cash. Today, r/btc users can discuss any Bitcoin-...
Bitcoin News / Bitcoinist - 2 years ago
The Bank of Russia has started conducting trials for its own CBDC. The announcement coincides with the central bank’s plans to launch the CBDC project’s pilot phase in early 2022. Despite President Vladimir Putin’s request that his...
Bitcoin News / Bitcoinist - 2 years ago
The prediction market is a big business worldwide and is known as the earliest form of entertainment. It dates back to at least the 1500s, when people were speculating on the papal successor. In the United States, the earliest recorded instance of th...
Bitcoin News / Bitcoinist - 2 years ago
The New York Stock Exchange (NYSE) is catching many off guard this week with an interesting and unique trademark filing that is signaling the exchange’s intent to build it’s own NFT marketplace. A patent from the NYSE has been filed withi...
Bitcoin News / Bitcoinist - 2 years ago
Belarusian President Alexander Lukashenko has signed a decree formally endorsing the free flow of cryptocurrencies such as Bitcoin. The president has signed a directive titled “On the register of virtual wallet addresses and the circulation of...
Bitcoin News / Bitcoinist - 2 years ago
The agency’s worries about the forthcoming project include liquidity and the possibility of share controls. The SEC has informed Bitwise investment company about salvaging issues with share monopolization, fraudulent acts, and other possible ch...
Bitcoin News / Bitcoinist - 2 years ago
Canada is not known for being hostile towards bitcoin but many didn’t expect recent authoritarian moves from their libertarian government. Canada’s Prime Minister’s recent moves point to a violation of civil rights and they are gazing at...
Bitcoin News / Bitcoinist - 2 years ago
Cardano has announced that it is doubling its bug bounties for hackers who find and report vulnerabilities on the network. Bug bounties are not a new thing and all projects offer it in one form or another. However, with the accelerated pace of exploi...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows exchanges have now observed large Bitcoin outflows for the third straight week as price continues to recover. Bitcoin Exchange Netflow Remains Negative For 3rd Consecutive Week As per the latest weekly report from Glassnode, the B...
