Bitcoin News / Bitcoinist - 2 years ago
Coinbase CEO Brian Armstrong announced today that the crypto exchange will integrate the Bitcoin Lightning Network, a layer-2 solution aimed at enabling faster and cheaper BTC transactions. The decision comes after months of scrutiny from the Bitcoin...
Bitcoin News / Bitcoinist - 2 years ago
Karl Greenwood, co-founder of the OneCoin cryptocurrency scam, has been sentenced to 20 years in prison and ordered to repay $300 million. This scam, associated with the notorious “Cryptoqueen” Ruja Ignatova, defrauded millions of victims...
Bitcoin News / Bitcoinist - 2 years ago
In a recent interview with Bloomberg’s Annabelle Droulers at the Singapore Token2049 conference, Ripple CEO Brad Garlinghouse shared his insights on the ongoing appeal by the Securities and Exchange Commission (SEC) regarding a court decision b...
Bitcoin News / Bitcoinist - 2 years ago
According to a recent Fox Business report, in a significant move to counter the growing momentum behind Central Bank digital currency (CBDC), House Majority Whip Tom Emmer is set to reintroduce the Central Bank Digital Currency Anti-Surveillance Stat...
Bitcoin News / Bitcoinist - 2 years ago
In his recent testimony before the United States Senate on Banking, Housing, and Urban Affairs, SEC Chair Gary Gensler made statements that have ignited speculation within the crypto community. While the SEC has been known for its tough stance on th...
Bitcoin News / Bitcoinist - 2 years ago
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Bitcoin News / Bitcoinist - 2 years ago
On-chain data from Glassnode suggests that 83.7% of the Bitcoin short-term holder supply is currently being held at an unrealized loss. Bitcoin Short-Term Holder Supply Has Plummeted Into Losses According to the latest weekly report from Glassnode, o...
Bitcoin News / Bitcoinist - 2 years ago
Since its launch earlier this year, the price of Arbitrum (ARB) has struggled tremendously. The altcoin launched into a budding bear market and as the bears have assumed more control, the ARB token price has dumped even further. This constant decline...
Bitcoin News / Bitcoinist - 2 years ago
In a recent development surrounding the high-profile Federal Trade Commission (FTC) case against the crypto platform Celsius, former CEO Alex Mashinsky requested that a New York district court dismiss the charges against him. The core of his argument...
Bitcoin News / Bitcoinist - 2 years ago
Ethereum, the world’s second-largest cryptocurrency, is facing a challenging year as institutional investors have been rapidly shedding their holdings. In a surprising turn of events, ETH has experienced significant outflows from institutional...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the stablecoin sector as a whole has continued to observe net outflows recently, but Tether (USDT) has only expanded further. USDT’s Dominance Among The Stablecoins Has Now Grown To Nearly 70% In its latest weekly report, the on-chai...
Bitcoin News / Bitcoinist - 2 years ago
Crypto market volumes hit historic lows in September, plunging to levels not seen in several years. This downturn has had a domino effect, causing a sharp drop in the prices of the two largest cryptocurrencies by market capitalization at the beginnin...
Bitcoin News / Bitcoinist - 2 years ago
Amid the implementation struggles of crypto project Worldcoin in Kenya, Worldcoin CEO Alex Blania has been accused by the Kenyan lawmakers of data fraud saying the project’s arrival to Kenya looks like “a gang of criminals who are coming...
Bitcoin News / Bitcoinist - 2 years ago
In one of the latest hacks to rock cryptocurrency, crypto exchange CoinEX has fallen victim to a massive exploit, leading to over $27.8 million loss. Hackers Drain $27.5 Million From Exchange’s Hot Wallets According to a report by crypto journa...
Bitcoin News / Bitcoinist - 2 years ago
Ethereum co-founder Vitalik Buterin has shared with the crypto community details of the recent hack of his X account. Via a post on the decentralized social media platform, Farcaster, on September 12, Buterin confirmed he had lost his X account to ha...
Bitcoin News / Bitcoinist - 2 years ago
The XRP price has been on a consistent downtrend since the US SEC announced its intention to file for an interlocutory appeal in its case against Ripple. In the two months that have followed Judge Analisa Torres’s ruling, the altcoin has shared all o...
Bitcoin News / Bitcoinist - 2 years ago
LayerZero Labs has announced a new partnership with Google Cloud; the big tech giant will deploy an oracle on the multi-chain network. The company celebrated the partnership via an official post on social media platform X as a result of a “year-long...
Bitcoin News / Bitcoinist - 2 years ago
In a recent X thread, Input Output Global Inc. (IOG), the driving force behind the Cardano blockchain, has unveiled that its data protection sidechain, Midnight, will be launching on the devnet “soon”. This platform is designed to securel...
Bitcoin News / Bitcoinist - 2 years ago
In a recent development, the defunct crypto exchange FTX has revealed the total assets it has recovered since its bankruptcy proceedings began. However, the question on the minds of many is whether or not these assets will be enough to repay the comp...
Bitcoin News / Bitcoinist - 2 years ago
Though Cardano (ADA) continues to mirror the broader crypto market downturn, prominent crypto analysts have remained optimistic about the crypto project. In a recent interview, crypto analyst Hashoshi revealed his bullish stance on Cardano. Hashoshi...
Bitcoin News / Bitcoinist - 2 years ago
Layer-2 network Shibarium seems to have completely moved past its botched launch, as multiple metrics suggest that the network is growing at an impressive rate since it relaunched on August 27. Shibarium Crosses 2 Million Transactions The Shibarium...
Bitcoin News / Bitcoinist - 2 years ago
In a deep dive into the Solana blockchain network, Visa elucidated its reasons for selecting Solana as a part of its stablecoin settlement pilot today. As Bitcoinist reported, Visa announced last week that they are expanding their stablecoin pilot to...
Bitcoin News / Bitcoinist - 2 years ago
Altcoins have endured a prolonged period of stagnation characterized by exceptionally low prices. However, according to crypto analyst Michaël van de Poppe, these digital assets may be gearing up for a significant upward trend. Van de Poppe’s...
Bitcoin News / Bitcoinist - 2 years ago
In a highly anticipated appearance before the Senate Banking Committee, Securities and Exchange Commission (SEC) Chair Gary Gensler is set to reiterate his stance on the regulatory landscape of crypto today (10:00 am ET). Drawing from his pre-release...
Bitcoin News / Bitcoinist - 2 years ago
In a recent statement, Congressman Tom Emmer, a prominent figure in the GOP and a staunch advocate for crypto, expressed his concerns regarding the actions of Securities and Exchange Commission (SEC) Chair Gary Gensler. Emmer accused Gensler of abus...
