Category : Bitcoin.com

Bitcoin.com

IMF Division Chief and Deputy Managing Director Call for Swift Regulatory Action to Avoid Crypto Contagion to Legacy Finance

An International Monetary Fund (IMF) division chief and deputy managing director are calling for more action to be taken in the regulatory aspect to avoid crypto’s ups and downs affecting banks and traditional financial institutions. Nobuyasu S...

Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days

Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022. WBTC Remai...

Former FTX President Launches New Crypto Venture, Raises $5 Million From Leading Investors

Less than a week ago, Brett Harrison, the former president of FTX US, published a 49-part Twitter thread describing his side of the story when he worked for the disgraced co-founder of FTX, Sam Bankman-Fried (SBF). On Friday, Jan. 20, 2023, Harrison...

FTX Debtors’ List of Assets Omits Mention of Large Stash of NFTs and ENS Names Owned by Alameda

This week, FTX debtors issued a press release and a 20-page document noting that bankruptcy administrators had located $5.5 billion in liquid assets. The document details that investigators discovered fiat currencies, crypto assets, and securities as...

Coindesk Up for Sale? Investors Circle Crypto News Publication Amidst Genesis Bankruptcy

According to various reports, investors are reportedly interested in purchasing Coindesk, a cryptocurrency news publication. On Jan. 18, Wang Feng, founder of China-based news publication Marsbit, announced his intentions to purchase Coindesk along w...

Biggest Movers: SOL Rebounds From Recent Losses, ATOM 5% Higher on Friday

Cosmos raced higher for a second straight session, after recently snapping a four-day losing streak. Friday’s move saw the token move closer to a key resistance level of $12.50. Solana also moved higher earlier in the day, as price bounced fro...

Crypto Lender Genesis Files for Bankruptcy Following SEC Lawsuit

Crypto lender Genesis, a subsidiary of Digital Currency Group (DCG), has filed for Chapter 11 bankruptcy. The filing followed a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). Genesis claims to have “ample liquidity to sup...

Bitcoin, Ethereum Technical Analysis: BTC Back Above $21,000 Despite Genesis Bankruptcy

Bitcoin crept back up to the $21,000 level on Friday, as volatility in the cryptocurrency market remained high. After falling by nearly 4% in Thursday’s session, the global market cap is up by 1.14% as of writing. This comes despite the news t...

Report: Somalia to Fight Inflation and Counterfeiters With New Banknotes

According to the deputy governor of the Somalian central bank, Ali Yasin Wardheere, the institution plans to fight inflation and currency counterfeiters with newly issued shilling banknotes. The bank reportedly said it hopes to complete the process o...

Davos 2023: Banking Panel Reinforces the Need for Crypto Regulation

A group of global banking experts hosted by the World Economic Forum (WEF) convened about the need for global crypto regulation, including stablecoins and unbacked crypto assets. The panel agreed there must be at least some kind of base regulation fo...

Silvergate Capital Incurs Loss of $1 Billion in Q4 of 2022

Silvergate Capital Corporation, the parent firm of the crypto-focused bank Silvergate Bank, has attributed the $1 billion loss it incurred in the fourth quarter of 2022 to the confidence crisis that permeates the entire crypto ecosystem. While Silver...

Binance to Increase Presence in Poland in Compliance With Local Regulations

Binance has unveiled intentions to broaden its activities in Poland, another EU member state where the global cryptocurrency exchange is registered. The coin trading platform plans to develop its Polish entity, recruit local talent and launch educati...

Nexo Agrees to Pay $45 Million to SEC and State Regulators for Unregistered Offering of Earn Interest Product

The cryptocurrency lender, Nexo, has agreed to pay $45 million to the U.S. Securities and Exchange Commission (SEC) and several state regulators after charges were levied against the firm for failing to register the company’s Earn Interest Prod...

Ripple CEO ‘Optimistic’ About SEC Lawsuit Over XRP — Says ‘I Feel Very Good About Where We Are’

Ripple CEO Brad Garlinghouse says that he is “optimistic” that the Securities and Exchange Commission (SEC) lawsuit over xrp “will certainly be resolved in 2023.” He added that it could even be resolved in...

NYU Professor ‘Dr. Doom’ Says 99% of Crypto Is a Scam — Tells Investors to ‘Absolutely Stay Away’

NYU Professor Nouriel Roubini, aka Dr. Doom, has warned that “99.99% of crypto is a scam, a criminal activity, a total real-bubble Ponzi scheme that is going bust.” He advised investors to “absolutely stay away&#x...

CPCoin (CPC) Is Now Available for Trading on LBank Exchange

PRESS RELEASE. INTERNET CITY, DUBAI, Jan 19, 2023 – LBank Exchange, a global digital asset trading platform, has listed CPCoin (CPC) on January 19, 2023. For all users of LBank Exchange, the CPC/USDT trading pair is now officially available fo...

Davos 2023: WEF Unveils Global Collaboration Village Metaverse Platform

The World Economic Forum (WEF) has announced the rollout of the Global Collaboration Village, its own metaverse platform, for this year. Klaus Schwab, chairman of the WEF, plans to leverage this representation of Davos to allow people and leaders to...

1inch Network Launches Hardware Wallet for Storing Users’ Private Keys in a Secure Offline Setting

The decentralized exchange aggregation service 1inch Network has announced the launch of a cold storage hardware wallet. The team notes that the project is in its final stages of development. The hardware wallet, expected to go on sale later this yea...

New FTX CEO Discusses Possibility of Rebooting Defunct Crypto Exchange in First Interview Since Taking Over

Following recent disclosure that FTX debtors and bankruptcy administrators located $5.5 billion in liquid assets, the new FTX CEO John J. Ray III discussed the business in his first interview since taking over the exchange’s restructuring proce...

Spacewalkers: Becoming an Investor on the Blockchain – How Can Anyone Invest in the Gaming Industry?

Spacewalkers, a gaming studio, is revolutionizing the way that investors can participate in the profits of their projects. The company is releasing a series of games and offering the opportunity for anyone to invest in them through the use of blockch...

FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings

Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital curr...

Biggest Movers: Meme Coins Move Lower, With SHIB Declining by 10%

Meme coins moved lower on Jan. 19, as cryptocurrency markets plunged following recent highs. Shiba inu, which rose to a nine-week high on Wednesday, fell by nearly 10% today. Markets have been largely overbought in the past few days, with bears seemi...

Saudi Arabia Open to Trading in Currencies Other Than US Dollar, Signaling a Shift Toward De-Dollarization

After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, said the kingdom is open to trading in currencies other than the U.S. dollar. The statements follow China’s president, Xi Jinpi...

Bitcoin, Ethereum Technical Analysis: ETH, BTC Lower, US Retail Sales Slow

Ethereum fell lower on Thursday, as cryptocurrency markets continued to react to the latest U.S. retail sales figures. Sales in the United States fell by more than expected, coming in 1.1% lower in December. Bitcoin also declined in today’s se...

Ukraine to Be Best Crypto Jurisdiction With New Tax Rules, Digital Minister Says in Davos

Ukraine will become the world’s best jurisdiction for crypto assets, the minister overseeing the country’s digital transformation promised. Speaking with media at the World Economic Forum in Davos, Mykhailo Fedorov praised the support from the crypto...

	The Riveting World of Bombay Club
	SOCIAL GOOD 100$ free sign up bonus + 100% Cashback on daily purchases
	Ethereum Expected to Thrive in 2023
	How To Get Started On Cryptocurrency Gaming
	5 Important Features of White Label NFT Marketplace
	How to get started with crypto gambling
	Best 7 Web3 Apps That Pay You Crypto
	6 Must-Have Tools For Crypto Traders
	Can Ethereum 2.0 Be Converted to Cash?
	Cryptocurrency in Gambling: Features and Benefits
	What are the Core Facets of a Successful Cryptocurrency?
	Cost to Develop Your Own Cryptocurrency Website
	EgldRush - The best Elrond NFT project Farming, Staking, Rewarding
	Choosing a Safe Cryptocurrency Exchange 2022
	Let's Talk About Security in Crypto