Bitcoin News / Bitcoin.com - 1 year ago
Sam Bankman-Fried’s lawyer Mark Cohen gave a final argument Wednesday, portraying the FTX founder as someone who “did his best” and made mistakes but did not commit crimes. Bankman-Fried’s Lawyer: ‘Mistakes Are Not a Cr...
Bitcoin News / Bitcoin.com - 1 year ago
After releasing its new stablecoin PYUSD, the payments giant Paypal disclosed that the U.S. Securities and Exchange Commission (SEC) subpoenaed the company concerning the stablecoin. Paypal stated in its Form 10-Q for the third fiscal quarter that it...
Bitcoin News / Bitcoin.com - 1 year ago
On November 2, 2023, the crypto economy is thriving, boasting a value of $1.31 trillion following a 2.88% increase in the past 24 hours. Bitcoin has notably surpassed the $35,000 mark, showing a 2.8% increase, while a wide array of two dozen digital...
Bitcoin News / Bitcoin.com - 1 year ago
Microstrategy reported a 3.3% increase in total revenues to $129.5 million in the third quarter of 2023, even as the company took impairment losses of $33.6 million on its bitcoin holdings, according to the firm’s latest financial disclosure....
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. November 2nd, 2023 — Bitcoin.com, a pioneer in democratizing cryptocurrency access, is thrilled to announce the upcoming launch of its VERSE token on the Polygon PoS chain. This significant move follows the Verse community’s first-ever...
Bitcoin News / Bitcoin.com - 1 year ago
Taiwanese law enforcement recently revealed the seizure of more than 320 million USDT stablecoins from an alleged money launderer. The seizure has been described as Taiwan’s largest bust ever from a single individual. Lamborghini and a Lexus S...
Bitcoin News / Bitcoin.com - 1 year ago
The Nigerian Central Bank has denied claims in a widely circulating text message that it plans to redenominate the naira starting in January 2024. According to the bank, the authors of the message had seemingly “modified text eked from an old p...
Bitcoin News / Bitcoin.com - 1 year ago
The payments giant Paypal has successfully achieved registration with the Financial Conduct Authority (FCA) in the United Kingdom, a fact verified by the FCA’s website on October 31. This move comes shortly after Paypal’s temporary cessation of crypt...
Bitcoin News / Bitcoin.com - 1 year ago
Britain’s Economic Secretary to the Treasury Andrew Griffith MP has reaffirmed the government’s ambition to make the U.K. a global hub for crypto asset technologies. He stressed that in order to realize this ambition, “we must make the U....
Bitcoin News / Bitcoin.com - 1 year ago
U.S. Senator Rand Paul has cautioned that the government’s “out-of-control spending” is threatening the very existence of the U.S. dollar and even the country. Commenting on the government spending billions of dollars to help multiple cou...
Bitcoin News / Bitcoin.com - 1 year ago
Global asset management firm Alliance Bernstein expects the price of bitcoin to reach $150,000 by 2025. The firm’s analyst has predicted “imminent” approvals of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange...
Bitcoin News / Bitcoin.com - 1 year ago
Renowned billionaire hedge fund manager Stanley Druckenmiller says he doesn’t own any bitcoin but he should. He sees the crypto as a brand. When comparing bitcoin to gold, he said: “It’s clear that the young people look at it...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. The Earn Network introduces yet another category to its community-driven marketplace – Restaking. This cutting-edge feature comes on the heels of successful launches in both DeFi Staking and NFT Staking and is designed to amplify...
Bitcoin News / Bitcoin.com - 1 year ago
Coinbase Financial Markets (CFM) introduced regulated leveraged crypto futures for its U.S. customers Wednesday, now available to Coinbase Advanced users. The trading platform currently offers nano-sized contracts at one-hundredth of a bitcoin and on...
Bitcoin News / Bitcoin.com - 1 year ago
While the price of Bitcoin has found stability, and the network’s difficulty remains fixed at 62.46 trillion until November 12, 2023, a different story unfolds in the hashrate department. Here, the seven-day average showcases a record-breaking...
Bitcoin News / Bitcoin.com - 1 year ago
The founders of cryptocurrency Safemoon have been indicted on charges of securities fraud, wire fraud, and money laundering related to the alleged misappropriation of millions of dollars of investor funds. Braden John Karony, Kyle Nagy, and Thomas Sm...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. BTC365, a leading name in the crypto gambling and sports betting sphere, is excited to announce its newly redesigned website. Engineered with a user-centric interface, the relaunch promises an unrivaled experience based on extensive us...
Bitcoin News / Bitcoin.com - 1 year ago
On Tuesday, Tether Holdings Ltd.’s financial statements for the third quarter of 2023 were validated by BDO, an internationally known independent public accounting firm. The firm gave an assurance opinion, revealing $3.2 billion in surplus res...
Bitcoin News / Bitcoin.com - 1 year ago
Multiple sources have confirmed that Onyx Protocol, a decentralized finance (defi) platform, has been compromised in a security breach, resulting in a loss of $2.1 million. In the wake of this attack, a fraction of the stolen crypto assets, originall...
Bitcoin News / Bitcoin.com - 1 year ago
As November 2023 unfolds, the crypto economy is buzzing with market activity, showcasing a striking performance from bitcoin (BTC) alongside a steady progression from ethereum (ETH). Crypto markets are calm and consolidated at the moment, as market o...
Bitcoin News / Bitcoin.com - 1 year ago
In a recent development, Metamask, a self-custody Web3 platform developed by Consensys, has partnered with Blockaid, a Web3 security provider. The collaboration aims to integrate security alerts within the Metamask extension in order to enhance the p...
Bitcoin News / Bitcoin.com - 1 year ago
Social media company X is now worth less than half of what Elon Musk paid for Twitter, according to internal documents quoted by the press. The billionaire investor purchased the platform, Twitter at the time of acquisition, for $44 billion last Octo...
Bitcoin News / Bitcoin.com - 1 year ago
The Brazilian Tax Authority (RBF) recently published an article acknowledging the growth in stablecoin trading in the country, which has taken the Brazilian cryptocurrency market by storm. The most transacted stablecoin is Tether’s USDT, which...
Bitcoin News / Bitcoin.com - 1 year ago
Over seven years ago, on April 30, 2016, the first decentralized autonomous organization (DAO) emerged, marking a significant shift in the digital world. However, just three months later, a cyberattack brought it down, leading to its unfortunate coll...
Bitcoin News / Bitcoin.com - 1 year ago
America’s securities regulator has been urged to decide if it will approve a plan to transform Celsius Network into a bitcoin mining firm. The proposal seeks to repay customers of the bankrupt cryptocurrency lender with both crypto assets and stock i...
