Bitcoin News / Bitcoinist - 1 year ago
Disney’s foray into the metaverse has come to an abrupt end as the entertainment giant has reportedly shuttered its entire metaverse division.
In a bid to streamline its business and curb costs, the company is slashing 7,000 jobs, including th...
Bitcoin News / Bitcoinist - 1 year ago
Ethereum supply on exchanges has continued to go down recently and has now touched a value of 10.3%, effectively a new all-time low.
Just 10.3% Of The Total Ethereum Supply Is Now Being Kept On Exchanges
According to data from the on-chain analytics...
Bitcoin News / Bitcoinist - 1 year ago
The planned $1 billion sale of Voyager Digital to Binance.US has hit a speed bump as a federal judge granted the United States government’s request for an emergency stay.
The move comes after the Commodity Futures Trading Commission (CFTC) fil...
Bitcoin News / Bitcoinist - 1 year ago
In a new report, a cross-chain liquidity protocol THORChain has stopped trading activities on its mainnet due to a potential network vulnerability. By taking this proactive step, the protocol may be among some cases that eluded hackers’ exploit...
Bitcoin News / Bitcoinist - 1 year ago
The lawsuit filed by the Commodity Futures Trading Commission (CFTC) against Binance Holdings and CEO Changpeng Zhao (CZ) may also have implications for the Ripple case against the U.S. Securities and Exchange Commission (SEC). Blockbytes wrote that...
Bitcoin News / Bitcoinist - 1 year ago
The Shiba Inu ecosystem has been under extreme pressure in recent weeks as a wave of controversy dealt a blow to the confidence of investors in the ecosystem.
From speculation that the Shibarium testnet chain is the same as Rinia’s, to BitBoy accusi...
Bitcoin News / Bitcoinist - 1 year ago
Polygon Labs has recently made a major announcement that is set to impact the Ethereum network’s future positively. The protocol has launched Polygon zero-knowledge proof Ethereum Virtual Machine (zkEVM) on mainnet Beta, a permissionless and pu...
Bitcoin News / Bitcoinist - 1 year ago
It’s no secret that the bear market has affected every section of the crypto industry. The onslaught has seen both top cryptocurrencies and NFTs decline drastically from their 2021 all-time highs, and are now trading for a small percentage of this va...
Bitcoin News / Bitcoinist - 1 year ago
Today, the U.S. Commodities and Futures Trading Commission (CFTC) filed a lawsuit against crypto exchange Binance and its CEO, Changpeng “CZ” Zhao. The regulator is accusing the executive and the company of allegedly violating trading rules in the co...
Bitcoin News / Bitcoinist - 1 year ago
Input Output Global (IOG) is a software research and development company that played an imperative role in developing the blockchain platform Cardano. In its recent announcement, the company appointed Eran Barak as the CEO of its latest data-protecti...
Bitcoin News / Bitcoinist - 1 year ago
Litecoin was deemed a commodity today in a CFTC lawsuit filing against Binance.
With the altcoin now potentially safe from further scrutiny from the SEC, a new digital silver narrative could take shape. Here’s why.
Litecoin Officially Labeled A...
Bitcoin News / Bitcoinist - 1 year ago
Data shows the Bitcoin mining hashrate has recently registered its third-largest 3-month upwards increase in the past five years.
Bitcoin Mining Hashrate Has Sharply Gone Up Recently
As an analyst on Twitter pointed out, only the aftermaths of the 20...
Bitcoin News / Bitcoinist - 1 year ago
Amid the recent crypto market recovery, MicroStrategy, a business intelligence software company known in the crypto community for its accumulation of Bitcoin (BTC), has announced its first Bitcoin purchase of the year.
Alongside its latest acquisiti...
Bitcoin News / Bitcoinist - 1 year ago
According to a recent report from Bloomberg, Chinese banks are now showing interest in Hong Kong crypto firms. This has surprised the broader crypto community, given that China had once restricted digital currency transactions in the country.
In 2021...
Bitcoin News / Bitcoinist - 1 year ago
The Shibarium team has created a new wallet for Shiba Inu users as part of its plans to improve transactions within the network. Primarily, the Shibarium blockchain network aims to create an environment for seamless, transparent, and secure transacti...
Bitcoin News / Bitcoinist - 1 year ago
Binance Holdings Ltd. and its CEO Changpeng Zhao, also known as CZ, are facing legal action from the US Commodity Futures Trading Commission (CFTC) over alleged trading and derivatives rules violations.
The CFTC filed a lawsuit against Binance and C...
Bitcoin News / Bitcoinist - 1 year ago
The emergence of Bitcoin and crypto provided an alternative to traditional finance, and many rushed in to utilize the decentralized novelty. But while many enthusiasts see crypto as the future of money, others are yet to recognize its importance. One...
Bitcoin News / Bitcoinist - 1 year ago
Data from Glassnode shows Bitcoin mining has remained in an almost perfect equilibrium over the history of BTC, thanks to the difficulty feature.
Bitcoin Miners Have Spent Almost Equal Number Of Days In Profit As They Have In Loss
According to a new...
Bitcoin News / Bitcoinist - 1 year ago
Do Kwon, co-founder of TerraForm Labs, was reportedly arrested by the Montenegro authorities last week at Podgorica’s capital airport. Kwon, who has been on the run from South Korean authorities, is now set to appeal his detention after the Mon...
Bitcoin News / Bitcoinist - 1 year ago
The United States government has now surpassed MicroStrategy and Tesla as one of the largest holders of Bitcoin, with over 205,000 BTC in its possession, Dune data on March 27 shows. This figure is slightly over 1% of the current circulating supply a...
Bitcoin News / Bitcoinist - 1 year ago
Leaders from the Group of Seven nations, or G7, are reportedly gearing up to take on cryptocurrencies with a call for stricter regulations at their next meeting, according to a report from Kyoto news agency.
The move comes as governments around the...
Bitcoin News / Bitcoinist - 1 year ago
The documentation for Shibarium, the layer-2 technology of Shiba Inu, was published by the developers two days ago, revealing more details about how it works. Among other things, the documents describe how the Shibarium Proof-of-Stake and the Ethereu...
Bitcoin News / Bitcoinist - 1 year ago
First Citizens BancShares, the parent company of First Citizens Bank, has made a significant move in the world of banking by agreeing to acquire Silicon Valley Bank (SVB).
The Federal Deposit Insurance Corporation (FDIC) confirmed the deal in a stat...
Bitcoin News / Bitcoinist - 1 year ago
The deployer of Kokomo Finance, a non-custodial lending protocol on Optimism and Arbitrum, which are popular layer-2 platforms on Ethereum, has rugged users of $4 million.
Kokomo Finance Exit Scams, Stealing $4 Million
CertiK, a blockchain security f...
Bitcoin News / Bitcoinist - 1 year ago
Titanium Blockchain chief executive Michael Stollery has been handed a four-year prison sentence for his involvement in a 2018 initial coin offering scandal that left investors $21 million out of pocket.
Stollery, who founded Titanium Blockchain Inf...