Bitcoin News / Bitcoinist - 2 years ago
Bitcoin and other cryptocurrencies have long been a subject of debate and scrutiny within the financial world. Bank of England Governor Andrew Bailey recently added his voice to the conversation, expressing skepticism about their status as true curre...
Bitcoin News / Bitcoinist - 2 years ago
In yet another blow to the decentralized finance (DeFi) sector, Arbitrum based protocol Rodeo Finance has fallen victim to attack, resulting in the loss of approximately 810 Ethereum (ETH), equivalent to $1.5 million. The incident highlights the ongo...
Bitcoin News / Bitcoinist - 2 years ago
Paradigm, a research-driven tech firm, has strongly criticized the United States securities regulator for its misguided pursuit of Bittrex, a crypto exchange, as part of its effort to regulate secondary crypto markets. Paradigm’s special counse...
Bitcoin News / Bitcoinist - 2 years ago
In a recent speech, Bank of England (BOE) Governor, Andrew Bailey, expressed his preference for ‘enhanced digital money’ over crypto and stablecoins. The central bank governor highlighted the importance of the singleness of money and sett...
Bitcoin News / Bitcoinist - 2 years ago
Prometheum, the subject of scrutiny, finds itself under the spotlight as six members of the United States Congress urge the US Securities and Exchange Commission and the Department of Justice to launch investigations into the company. Their concern s...
Bitcoin News / Bitcoinist - 2 years ago
The Financial Conduct Authority (FCA) of Britain has recently once again undertaken a crackdown on illegal crypto machines operating across the country. With a firm warning to consumers about the potential loss of their funds, the FCA has shut down a...
Bitcoin News / Bitcoinist - 2 years ago
CBDC, short for central bank digital currency, has garnered significant interest from a majority of central banks, as indicated by a recent survey conducted by the Bank of International Settlements (BIS). The survey reveals a strong inclination among...
Bitcoin News / Bitcoinist - 2 years ago
In the legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), anticipation has reached fever pitch as the community eagerly awaits a ruling. Already 931 days ago, the SEC filed its lawsuit against Ripple Labs and its execu...
Bitcoin News / Bitcoinist - 2 years ago
Ethereum is currently the largest proof of stake (P0S) network after transitioning from a proof of work (PoW) mechanism late last year. This means that the network now uses validators to carry out transactions as opposed to miners using energy-intens...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows that the Bitcoin exchange whale ratio has declined to the lowest value since 2018. Here’s what this may mean for the asset. Bitcoin Exchange Whale Ratio (14-Day SMA) Has Plunged Recently As an analyst in a CryptoQuant post p...
Bitcoin News / Bitcoinist - 2 years ago
A serial scammer and rug-puller have amassed over 160 ETH, worth $315,000 at spot rates, by creating fraudulent meme coins and rugging users off their hard-earned funds, on-chain data analyzed by LookonChain on July 9 shows. Records show that the sc...
Bitcoin News / Bitcoinist - 2 years ago
Revoke.Cash, a leading decentralized finance (DeFi) security platform, has swiftly responded to user complaints regarding a growing crypto scam involving fake approvals. In a bid to mitigate this fraudulent activity, Revoke has introduced a new featu...
Bitcoin News / Bitcoinist - 2 years ago
PepeCoin (PEPE) emerged in April 2023 as a meme coin, distinct from the more prevalent dog-themed meme coins like Shiba Inu and Dogecoin. Unlike its counterparts, the meme coin is primarily regarded as lacking inherent utility or value, instead inten...
Bitcoin News / Bitcoinist - 2 years ago
In the latest news development, DeFi Protocol Arcadia Finance has suffered an attack leading to the loss of hundreds of thousands of dollars. Arcadia Finance is a non-custodial leveraged farming protocol designed to enable composable cross-margin ac...
Bitcoin News / Bitcoinist - 2 years ago
Former Securities and Exchange Commission (SEC) Chair Jay Clayton has expressed his openness to a spot Bitcoin (BTC) ETF in a recent interview with CNBC Squawk Box. Clayton stated that he was previously skeptical about trading in the BTC market duri...
Bitcoin News / Bitcoinist - 2 years ago
Vitalik Buterin, the inventor of Ethereum, recently participated in a Twitter Spaces discussion hosted by “Altcoin Slayer ” Eric Wall and Bitcoin developer, Udi Wertheimer. During the event, Buterin shared his insights on the possib...
Bitcoin News / Bitcoinist - 2 years ago
In a recent newsletter, Singapore-based crypto asset trading firm QCP Capital raised the question of whether the introduction of a Bitcoin exchange-traded fund (ETF) could lead to price manipulation by institutions, similar to what has happened in th...
Bitcoin News / Bitcoinist - 2 years ago
To position itself as a digital hub amidst global regulatory scrutiny of online assets, the Hong Kong Securities and Investment Institute (HKSI) plans to provide training for virtual asset platforms. Supported by the local regulator Securities and Fu...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows that Shiba Inu whales have been displaying interest in the meme coin again, a sign that may be positive for the price. Shiba Inu Whale Transaction Count Has Spiked Recently According to data from the on-chain analytics firm Santim...
Bitcoin News / Bitcoinist - 2 years ago
Crypto Twitter users are sounding the alarm, wasting no time in exposing the scammers who have cunningly emerged on Meta’s newly launched microblogging app, Threads. With the app’s staggering sign-up rate surpassing 100 million within a...
Bitcoin News / Bitcoinist - 2 years ago
Crypto lender, Voyager Digital, recently gave its investors the green light to begin withdrawing funds, a decision that came almost a year after the lender had suspended withdrawals and filed for Chapter 11 bankruptcy. The announcement took place las...
Bitcoin News / Bitcoinist - 2 years ago
Terra’s legal trouble continues with South Korea’s Seoul Southern District Court conducting the initial preliminary hearing for Daniel Shin, the co-founder of Terraform Labs, along with seven other former Terra employees. However, Shin, who st...
Bitcoin News / Bitcoinist - 2 years ago
The possibility of introducing incentives on the XRP Ledger (XRPL) and the lack thereof have recently sparked lively discussions and confusion in the XRP community as well as among Ripple executives. While some developers have shown interest in explo...
Bitcoin News / Bitcoinist - 2 years ago
Crypto companies are revolutionizing the traditional concept of organizational structure, embracing a dynamic approach that prioritizes remote work and global talent acquisition. In a recent study conducted by K33 Research, it was revealed that larg...
Bitcoin News / Bitcoinist - 2 years ago
Last week, Bitcoin and the crypto market continued their sideways trend. While Bitcoin has been consolidating in the trading range between $29,800 and 31,300 for more than two weeks now, most altcoins have followed this trend, with a few exceptions....
