Bitcoin News / Bitcoinist - 2 years ago
San Francisco-based cryptocurrency exchange Kraken finds itself in the midst of a legal showdown with the Internal Revenue Service (IRS) as it fights against the agency’s request for user data. On its part, the IRS seeks to investigate potenti...
Bitcoin News / Bitcoinist - 2 years ago
Coinbase, the biggest cryptocurrency exchange in the United States, has paused staking services for customers in California, New Jersey, South Carolina, and Wisconsin. It would appear that there are some regulatory concerns that need to be addressed...
Bitcoin News / Bitcoinist - 2 years ago
Elon Musk recently introduced an artificial intelligence venture called xAI, aimed at revolutionizing the field of AI. This announcement has sparked a notable surge in the value of cryptocurrency tokens associated with AI. In an intriguing move, xAI...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin has become an integral part of New York City Mayor Eric Adams’ financial strategy, as he boldly embraced the cryptocurrency and positioned the city as a thriving hub for the industry. However, an unfortunate oversight occurred when Adam...
Bitcoin News / Bitcoinist - 2 years ago
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Bitcoin News / Bitcoinist - 2 years ago
The price of Stellar (XLM) has seen a significant surge in the last 24 hours, making it the second top gainer of the day after XRP. This rally could be attributed to Ripple Labs’ recent legal victory, which confirmed that XRP is not considered...
Bitcoin News / Bitcoinist - 2 years ago
Arbitrum is one of the many Layer-2 rollups in the space helping to make transactions faster and cheaper on Ethereum. However, Arbitrum has managed to stand out from the rest, emerging as a leader in this sector. Arbitrum Controls Majority Of Layer-2...
Bitcoin News / Bitcoinist - 2 years ago
Ripple CEO Brad Garlinghouse has stated that the recent federal court ruling has confirmed that XRP is “not a security”. The ruling provides the digital payments company with greater flexibility to pursue various business opportunities ac...
Bitcoin News / Bitcoinist - 2 years ago
Binance, one of the world’s largest cryptocurrency exchanges, has laid off over 1,000 employees in recent weeks, according to a report by the Wall Street Journal. The ongoing exercise could reportedly result in Binance losing more than a third...
Bitcoin News / Bitcoinist - 2 years ago
In an interview with CNBC, BlackRock CEO Larry Fink discussed the potential of crypto as an international asset that can transcend the value of traditional currencies. Fink noted the recent depreciation of the US dollar and the appreciation of the di...
Bitcoin News / Bitcoinist - 2 years ago
Indonesia’s financial services regulator is gearing up to unveil its long-awaited national crypto exchange this month, marking a significant step forward for the country’s burgeoning digital asset industry. Despite facing delays and obst...
Bitcoin News / Bitcoinist - 2 years ago
In the ever-evolving crypto space, stability is a coveted virtue, and stablecoins have played a pivotal role over the past. Yet, a storm could be brewing, casting a shadow of uncertainty over the entire crypto market. Techteryx Takes Full Charge Over...
Bitcoin News / Bitcoinist - 2 years ago
Scaling solutions are critical for the widespread adoption of blockchain technology, and several innovative approaches have come into favor recently, designed to address the scalability challenges of Ethereum. These three prominent scaling technolog...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows signs that the Bitcoin whales have been selling as the cryptocurrency has observed a surge above the $31,000 level. The Number Of Bitcoin Whales On The Network Has Dropped Recently According to data from the on-chain analytics fir...
Bitcoin News / Bitcoinist - 2 years ago
Phishing attacks have emerged as a formidable threat in the digital landscape, particularly with the rapid surge in cryptocurrency adoption. As the world becomes increasingly reliant on digital assets, cybercriminals are seizing the opportunity to ex...
Bitcoin News / Bitcoinist - 2 years ago
Today, DeFi project Multichain has confirmed the arrest of its CEO Zhaojun and announced the cessation of its operations. This disclosure comes following the multi-million dollar exploit of the protocol’s bridges. Multichain CEO And Sister Detained...
Bitcoin News / Bitcoinist - 2 years ago
Collapsed crypto exchange FTX is now going after executives of its European subsidiary in a bid to recover $323 million. In a lawsuit filed in a US bankruptcy court in Delaware, the exchange claims it overpaid to acquire its European branch while acc...
Bitcoin News / Bitcoinist - 2 years ago
Alex Mashinsky, the founder and former CEO of Celsius, pleaded not guilty to charges of misleading customers and artificially inflating the CEL token shortly after being arrested on Thursday. Following this, he was released on bail by a US District J...
Bitcoin News / Bitcoinist - 2 years ago
The CEO of stablecoin issuer Circle, Jeremy Allaire, issued a stern warning, emphasizing the urgent need for Congress to regulate stablecoins in order to safeguard the US dollar’s status as a global reserve currency. In a compelling two-minute...
Bitcoin News / Bitcoinist - 2 years ago
The cryptocurrency market is in recovery mode, with Bitcoin alone up more than 11% last month and up 84% on the year. While these gains vastly beat the S&P 500, which has rebounded close to its former all-time highs, they pale in comparison to th...
Bitcoin News / Bitcoinist - 2 years ago
In the wake of new crypto regulations in Australia, investment management firms Monochrome Asset Management Pty Ltd, and Vasco Trustees Ltd have led the charge, refiling their spot Bitcoin ETF application. This move marks the initiation of Australia&...
Bitcoin News / Bitcoinist - 2 years ago
The summary judgment in the Ripple vs. the US Securities and Exchange Commission (SEC) case is celebrated as a huge victory for XRP and the entire crypto space. While the court determined that Ripple’s sale of XRP to institutional investors con...
Bitcoin News / Bitcoinist - 2 years ago
Bank of America, one of the largest banks in the United States, has recently made headlines as it reportedly takes aim at prominent cryptocurrency exchange Coinbase. According to reports, Bank of America has been closing the accounts of individuals a...
Bitcoin News / Bitcoinist - 2 years ago
Yesterday’s summary judgment in the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has sent shockwaves through the crypto industry. Ripple scored a huge partial victory. The court ruling only deemed past...
Bitcoin News / Bitcoinist - 2 years ago
In a surprise victory in court, XRP has been declared “not a security.” The win immediately resulted in an abrupt change in sentiment surrounding altcoins. Although the ruling only impacted the Ripple case outcome, it could have a lasting influence o...
