Bitcoin News / Bitcoin.com - 1 year ago
As the year 2023 winds down with just 55 days remaining, bitcoin mining has surged in profitability, with a return of $76 in daily earnings for every petahash per second (PH/s) as of November 5. A mining device capable of 200 terahash per second (TH/...
Bitcoin News / Bitcoin.com - 1 year ago
The Hong Kong Monetary Authority is reportedly planning to expand the purview of its supervision of virtual assets to include entities that issue stablecoins. The Hong Kong regulator said it also wants to create a framework that governs banks’ provis...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. A group of attorneys and blockchain engineers are building a new Bitcoin fork blockchain using an emerging legal enforcement protocol that bridges the blockchain to state and federal courts. Called Jurat, the protocol enables capabilit...
Bitcoin News / Bitcoin.com - 1 year ago
According to onchain analyst Zachxbt, hackers got away with more than $768,000 after sneaking a counterfeit Ledger Live application into the Microsoft App Store. Out of the stolen stash, the attack netted over 16.8 bitcoins worth $588,000. Hackers St...
Bitcoin News / Bitcoin.com - 1 year ago
The National Bank of Georgia announced that it has enlisted the aid of Ripple, the cryptocurrency company, as the sole tech partner in its central bank digital currency (CBDC) project, denominated the digital GEL. Ripple’s CBDC solution was sel...
Bitcoin News / Bitcoin.com - 1 year ago
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: USDT dominates the Brazilian crypto market, Bukele’s administration is accused of deviating funds for...
Bitcoin News / Bitcoin.com - 1 year ago
Last week, lawyers representing Terraform Labs and its ex-CEO Do Hyeong Kwon (Do Kwon) moved to dismiss the lawsuit brought against them by the U.S. Securities and Exchange Commission (SEC). In response, the SEC has countered with a motion of its own...
Bitcoin News / Bitcoin.com - 1 year ago
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Bitcoin News / Bitcoin.com - 1 year ago
Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, says he is concerned when the price of bitcoin rises. The 99-year-old compared the cryptocurrency to a “stink ball” among tradit...
Bitcoin News / Bitcoin.com - 1 year ago
On September 1, 2023, hackers made off with 2,675.73 monero (XMR), worth over $3 million at the time, from the Monero CCS donation wallet in nine separate transactions. Now, blockchain analysis firm Moonstone Research has traced forward through three...
Bitcoin News / Bitcoin.com - 1 year ago
Four months ago, Bitcoin.com News engaged with six generative AI chatbots, prompting them to forecast bitcoin’s value at the close of 2023. The collective consensus of these AI systems anticipated BTC to land between $40,000 and $50,000 by the...
Bitcoin News / Bitcoin.com - 1 year ago
As September 2023 waned, there was a noticeable dip in the creation of Ordinal inscriptions, but as the month of October closed, a significant rebound occurred. This upward trend peaked on November 4, 2023, when the Bitcoin blockchain recorded the se...
Bitcoin News / Bitcoin.com - 1 year ago
While trends in the crypto world may come and go, the Meme coin fever appears to be here to stay. Within the cryptocurrency realm, a diverse range of trends, including DeFi, NFTs, and Meme tokens, have emerged. One project that stands out in the ques...
Bitcoin News / Bitcoin.com - 1 year ago
Between October 29 and November 5, 2023, sales of non-fungible tokens (NFTs) rose by 18.30% compared to the week before, reaching a high of $106.32 million. This week’s NFT statistics reveal an uptick in activity, with the number of buyers and...
Bitcoin News / Bitcoin.com - 1 year ago
In this week’s top crypto news, Elon Musk talks about making social media platform X into something of a financial monolith, Bitcoin.com News celebrates the 15-year anniversary of the Bitcoin white paper with a look at Satoshi’s seminal a...
Bitcoin News / Bitcoin.com - 1 year ago
It’s been a strong week for smart contract platform tokens, with the top ten performers all notching growth against the U.S. dollar. The rise ranged from ethereum’s (ETH) 4.2% jump to solana’s (SOL) 32.5% surge. The smart contrac...
Bitcoin News / Bitcoin.com - 1 year ago
According to the United States Office of Foreign Assets Control (OFAC), Russian national Ekaterina Zhdanova has been sanctioned as punishment for using virtual currency to launder money for designated Russian elites. OFAC said Zhdanova’s properties a...
Bitcoin News / Bitcoin.com - 1 year ago
This weekend’s figures indicate that bitcoin miners are nearing a critical threshold, with fewer than 25,000 blocks remaining before the anticipated halving event. Once this milestone is reached, bitcoin miners’ rewards for each block,...
Bitcoin News / Bitcoin.com - 1 year ago
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Bitcoin News / Bitcoin.com - 1 year ago
Financial services giant Fidelity’s director of global macro says bitcoin is “exponential gold.” He explained that gold is “too deflationary and clunky to be used as a medium of exchange,” noting tha...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Securities and Exchange Commission’s former head of internet enforcement says the conviction of ex-FTX CEO Sam Bankman-Fried (SBF) is “just the tip of the iceberg” for the entire crypto industry. “People should not think th...
Bitcoin News / Bitcoin.com - 1 year ago
Rich Dad Poor Dad author Robert Kiyosaki has broken down Rich Dad’s lesson number one. Explaining in simple terms why the rich become richer, the renowned author said: “They understand the importance of preserving tangible assets, s...
Bitcoin News / Bitcoin.com - 1 year ago
Dubai’s financial regulator, the Dubai Financial Services Authority, has approved XRP as a recognized crypto token for use within the Dubai International Financial Centre (DIFC), a special economic zone. “Licensed virtual asset firm...
Bitcoin News / Bitcoin.com - 1 year ago
Reports indicate that the U.S. Federal Bureau of Investigation (FBI) has received data on FTX clients from the advisors of the now-insolvent firm. These consultants have complied with a minimum of five inquiries issued by the bureau’s local off...
Bitcoin News / Bitcoin.com - 1 year ago
Central banks around the world maintained their appetite for gold in the third quarter of 2023, with their purchases totaling 337 metric tons, the World Gold Council’s (WGC) third-quarter report shows. Analysts from the council suggest that th...
