Bitcoin News / Bitcoin.com - 2 years ago
In our latest podcast episode, we were delighted to host Justin Sun, the founder of Tron and advisor to HTX. Justin offered his valuable insights on a variety of topics. He began with discussing the implications of the US Bitcoin ETF approval on the...
Bitcoin News / Bitcoin.com - 2 years ago
The cryptocurrency lending platform Nexo has submitted a $3 billion arbitration claim against the Republic of Bulgaria, following a raid on its office in 2023 and a subsequent probe by the Bulgarian Prosecutor General’s Office. Nexo alleges that thes...
Bitcoin News / Bitcoin.com - 2 years ago
The head of enforcement at South Africa’s financial industry watchdog said on Jan. 24 that he expects the organization to decide the fate of 50 crypto firms’ license applicants in the coming weeks. The watchdog stated that from the more than 100 enti...
Bitcoin News / Bitcoin.com - 2 years ago
Former Bitmex CEO Arthur Hayes has predicted that bitcoin will find a support level between $30,000 and $35,000. He contends that the ongoing bitcoin selloff is not due to outflows from Grayscale’s bitcoin trust (GBTC). “That argument is...
Bitcoin News / Bitcoin.com - 2 years ago
Elon Musk’s electric car company, Tesla, has maintained its bitcoin holdings. The company’s balance sheet for Q4 2023 shows net digital assets of $184 million. Musk is convinced that in the long term, Tesla will be the most valuable com...
Bitcoin News / Bitcoin.com - 2 years ago
The Swiss financial markets regulator has granted the digital asset infrastructure firm Taurus the approval which allows its retail users to “create an account and trade digital assets and tokenized securities.” Besides receiving the FINM...
Bitcoin News / Bitcoin.com - 2 years ago
The Avalanche Foundation, a non-profit organization seeking to support the avalanche ecosystem, has announced the rules covering its already active meme coin purchasing program. The institution has defined the holder count, concentration, liquidity,...
Bitcoin News / Bitcoin.com - 2 years ago
This week the collectibles and candy company Topps communicated with its customers regarding its non-fungible token (NFT) initiatives. The company acknowledged encountering challenges with a payment service provider in January 2023, leading to a tran...
Bitcoin News / Bitcoin.com - 2 years ago
Following regulatory scrutiny, crypto lender Abra has agreed to a settlement. The settlement, which focuses on Abra’s alleged unregistered securities offerings, will see the company returning assets to Texan investors.
Abra Agrees to Refund Tex...
Bitcoin News / Bitcoin.com - 2 years ago
The Los Angeles-based firm Swan Bitcoin recently revealed its covert bitcoin mining operations, initiated in the summer of 2023. The company shared on Thursday its anticipation of achieving 8 exahash per second (EH/s) by March 2024. Up to this point,...
Bitcoin News / Bitcoin.com - 2 years ago
Market analysis reveals ongoing stability challenges for the stablecoin trueusd in maintaining its targeted $1 peg. As of 10:30 a.m. Eastern Time (ET) on Jan. 25, 2024, the token’s trading value fluctuated between $0.979 and $0.981. Concurrentl...
Bitcoin News / Bitcoin.com - 2 years ago
Cryptocurrency miners might be disconnected for up to 500 hours per year in Russia, according to a proposal supported by the State Duma Energy Committee to tackle the energy deficit in some regions. The initiative would be an alternative to introduci...
Bitcoin News / Bitcoin.com - 2 years ago
In a recent disclosure to the U.S. Securities and Exchange Commission (SEC), Canaan, a publicly traded manufacturer of bitcoin mining rigs, announced it has secured $50 million through the sale of preferred shares. This follows a successful acquisiti...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. Following the triumph of its third Launchpad initiative with ACGN Protocol, LBank has accomplished yet another milestone by concluding its fourth Launchpad event featuring EchoLink.
This innovative project marks a significa...
Bitcoin News / Bitcoin.com - 2 years ago
In a judicial rebuke, the Federal Court of Canada ruled that the Trudeau government’s decision to freeze cryptocurrencies during the 2022 “Freedom Convoy” protests was unconstitutional.
Trudeau Government’s Emergency Powers Challenged: Co...
Bitcoin News / Bitcoin.com - 2 years ago
Using blockchain to stamp out biases in artificial intelligence models might turn out to be the technology’s “killer user case,” executives attending the World Economic Forum in Davos have said. The blockchain firm Casper Labs and the com...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. Tracks, the innovative Web3 music streaming dApp created by LABEL Foundation and built on the BNB Chain, is now available on LG Smart TVs running webOS 22 and webOs 23, globally. This pioneering launch introduces the first-ever Web3 mu...
Bitcoin News / Bitcoin.com - 2 years ago
Samourai Wallet, River, Strike, Swan, and other companies in the cryptocurrency space have sent a letter to the Financial Crimes Enforcement Network (FinCEN), commenting on the proposed rules over mixing transactions introduced in October. These comp...
Bitcoin News / Bitcoin.com - 2 years ago
UMA has officially introduced Oval, a novel product designed to optimize the use of oracle data by defi protocols. This tool changes how protocols manage oracle-based MEV, enhancing efficiency and fairness in Ethereum’s blockchain profits.
Oval...
Bitcoin News / Bitcoin.com - 2 years ago
Polymer Labs, the inter-blockchain communication (IBC)-based networking layer two (L2), recently disclosed that it had raised $23 million via a Series A funding round. Polymer said only Ethereum and all chains under the IBC control will initially be...
Bitcoin News / Bitcoin.com - 2 years ago
Following an examination launched in November 2022, FINRA claims widespread potential violations in the way member firms communicate about crypto assets.
FINRA Report Alleges Misinformation in Crypto Asset Marketing
In a report released on Jan. 23, t...
Bitcoin News / Bitcoin.com - 2 years ago
On Wednesday, Solana Labs unveiled the launch of token extensions, marking a noteworthy advancement in the SPL Token standard. The blockchain network’s token extensions aim to provide a suite of solutions for businesses transitioning to distributed l...
Bitcoin News / Bitcoin.com - 2 years ago
The Internal Revenue Service (IRS) has revised the question about digital assets included on income tax forms. Moreover, the tax authority has added the question to four additional tax forms. “The question must be answered by all taxpayers, not...
Bitcoin News / Bitcoin.com - 2 years ago
On Wednesday, Jan. 24, 2024, Bitwise, a leading digital asset manager, made a groundbreaking announcement as the first U.S. spot bitcoin exchange-traded fund (ETF) to reveal its bitcoin wallet address. Emphasizing its commitment to transparency, Bitw...