Category : Bitcoinist

Bitcoinist

Binance CEO “CZ” Denies Rumors And Backs Voyager Deal

Amid the Securities and Exchange Commission’s (SEC) objections to BinanceUS’s attempt to acquire cryptocurrency lender Voyager Digital, rumors have spread throughout the crypto community that Binance has called off the deal. Binance̵...

Coinbase Expands Its Forces, Acquires Digital Asset Manager One River

Coinbase has recently acquired digital asset manager One River (ORDAM), a leading institutional digital asset manager, and the Securities and Exchange Commission (SEC), a registered investment advisor. The newly acquired digital asset manager was ann...

Only In Crypto: Fake News Report Claims Binance CEO Shot By FBI

The crypto market is rife with oddities. The lack of regulation has allowed meme coins, bizarre experiments, and more to flourish. As a result, nothing is too surprising to cryptocurrency investors these days. However, a shocking story made it around...

Let Tim Cook: Apple Blocks Uniswap’s Crypto Wallet

Big tech giant Apple has had a troublesome relationship with the crypto industry, which could further worsen by a new decision. The company behind developing the Ethereum-based decentralized exchange, Uniswap Labs, announced a mobile wallet. The co...

DeFi Remains The Target: Hackers Stole Over $20 Million In February

Following several reports of hacks in the decentralized finance (DeFi) space last year, DeFi still seems to remain the main target for bad actors in the industry. According to data from DefiLlama, millions of dollars have been siphoned from the DeFi...

Shanghai Upgrade Hard Fork Is Now Slated For April, Says Ethereum Dev

Ethereum devs have also been preparing for another upgrade, the Shanghai hard fork, to improve the network. The developers have been at it for months and have just announced that they’re pushing the Shanghai upgrade to early April. Several recent upg...

Next FOMC Will Set The Stage For Bitcoin And Crypto For Entire Year

The Bitcoin and crypto market could be headed for another sideways trend until March 22. QCP Capital, a leading digital asset trading firm in Asia based in Singapore, has released a new market analysis related to the current macroeconomic environment...

Binance USD (BUSD) Market Cap Plummets, Here’s Why

BUSD stablecoin recorded some setbacks after the US SEC’s recent enforcement action on its issuer, Paxos. Aside from a plunge in trading volume, BUSD’s market capitalization has also plummeted significantly. Recent data shows that BUSD...

GameFi Outpaces DeFi On Polygon – How This Affects MATIC Bulls

MATIC has succumbed to the bearish tide that is plaguing the markets at the time of writing. Data by cryptocurrency tracker CoinGecko shows that the token itself is flashing red in almost all time frames with the monthly being an exception with an 11...

BitBNS Says Authorities Told It To Keep Mum About $7.5 Million Hack – Here’s Why

BitBNS is an India-based crypto exchange that got compromised on February 1, 2022. But the incident came to light following ZachXBT, a crypto on-chain detective company, uncovered the incident on Wednesday. Gaurav Dahake, the founder of the exchange,...

These Crypto Firms Have Decided To Cut Ties With Silvergate

The crypto market continues to lurch from the recent Silvergate crisis. Most recently, the crypto-focused bank, Silvergate, had delayed filing its annual 10-K report with the Securities and Exchange Commission (SEC), which has aggravated its downfall...

Crypto Bank Silvergate Shares Crash Amid Investor Walkout, JPMorgan Downgrade

Silvergate shares experienced a significant decline of nearly 60% on Thursday due to both business partners and investors leaving abruptly to avoid financial instability. The drop was the largest ever seen for Silvergate. On Wednesday, Silvergate an...

Celsius Commences Withdrawals Eight Months After Filing For Bankruptcy

Crypto lender firm Celsius has announced that customers can now withdraw their assets from its platform eight months after the company filed for bankruptcy. According to an official tweet on March 2, withdrawals are now available, albeit for certain...

HSBC And Nationwide Banks Set Ban On Crypto Purchases In The UK

HSBC and Nationwide Building Society have become the latest major banks in the United Kingdom to impose a ban on their customers’ crypto purchases, according to Bloomberg. The move follows a notice from British regulator Financial Conduct Auth...

Ripple Will Appeal Immediately If It Loses To SEC, Chief Legal Officer Says

Stuart Alderoty, the chief legal officer (CLO) of Ripple Labs, has revealed in a new interview that the fintech company will immediately appeal if judge Analisa Torres grants summary judgment in favor of the US Securities and Exchange Commission (SEC...

Is Miami Still A Home For Crypto? This Report Says Yes

Is the Miami narrative around crypto dead and gone? Bear market conditions have certainly trimmed dialogue around the most crypto-friendly markets in the US, but one new report suggests that it’s not all doom and gloom. Miami’s once domin...

SEC Chair Issues Dire Warning For Crypto Exchanges

Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), continues to crack down on the crypto industry. In an investor advisory committee, the SEC Chair declared that lending platforms and crypto exchanges operate “investment adv...

Bitcoin Rally Hits Equity-Driven “Roadblock,” Here’s What Happens When It’s Broken

Cycle expert Bob Loukas recently shared a long-term look at Bitcoin which suggests that the top cryptocurrency is ready for another bullish trend. However, an equity-driven “roadblock” remains in the way. In this post, we’ll explain...

Jack Dorsey’s TBD Launches New Bitcoin Lightning Network Service Provider

Jack Dorsey, CEO at Block, announced a new Bitcoin Lightning Network (LN) service provider called “C=.” According to an official announcement, the new service is part of the TBD initiative, which aims to create a suite of BTC-based tools to give user...

Coinbase-Silvergate Partnership Ends, Shares Plummet 80%

Cryptocurrency exchange Coinbase recently announced the end of its relationship with California-based crypto-friendly bank Silvergate. The exchange has stated that it will no longer accept or initiate payments to or from the bank. Coinbase has menti...

Crypto Scammer Monkey Drainer Announces Shut Down Of Criminal Operations

Hacking is no longer new in the crypto space. The industry has seen many incidents since its inception and even recorded more during the 2022 crypto winter, especially in the DeFi Sector. Yahoo Finance said the crypto sector lost almost $50 billion l...

Dogecoin Starts Trading On Major Philippines Crypto Exchange – A Boost For DOGE Price?

Despite poor market conditions, Dogecoin has managed to maintain its appeal. This cryptocurrency with a canine motif has continued to beat the odds and impress investors, with no indications of slowing adoption. On March 1st, Coins.ph, a prominent cr...

Binance Newly Launched AI-Powered NFT Generator Mints 10,000 NFTs Under 3 Hours

Over the past months, artificial intelligence (AI) has been the new trend following the massive blow-up of the AI-powered chatbot, ChatGPT. The bot has created a great spotlight for the AI industry allowing most AI-related products to blow up almost...

Binance Attempts To Secure License To Offer Crypto Services In Singapore Again

Binance, the world’s largest crypto exchange, is reportedly trying to secure cryptocurrency services in Singapore again. The custodial arm of the exchange plans to apply for a permit in order to start providing crypto services in Singapore. Alt...

US Lawmaker Proposes Bill To Prevent Bitcoin From Being ‘Money’

Dennis Porter, CEO and co-founder of Satoshi Act Fund, shared a shocking breaking news via Twitter today that can be understood as a massive attack on Bitcoin in the United States of America. Porter wrote that the state of South Dakota is trying to p...

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