Bitcoin News / Bitcoinist - 2 years ago
Meta, like many others, have been hit by the global pandemic that pushed many world economies backward. For instance, the United States GDP fell by 8.9%, and even the country’s imports exceeded its exports as demand from firms and consumers hei...
Bitcoin News / Bitcoinist - 2 years ago
As the current Bitcoin halving cycle continues to advance, here’s what the previous cycles looked like at similar points in their lifespan. The latest Bitcoin Cycle Recently Passed The 150,000 Blocks Milestone A “halving” is a perio...
Bitcoin News / Bitcoinist - 2 years ago
The market for cryptocurrencies needed a way to process crypto-to-fiat payments or withdrawals with the same 24/7 stamina as that of the traditional financial system. Silvergate and Signature Bank filled in that gap between cryptocurrencies and Trad...
Bitcoin News / Bitcoinist - 2 years ago
The Euler Finance team has aggressively pursued recovering the funds stolen from its platform. The hacker stole crypto tokens worth millions of dollars, pushing the lending platform to involve some security firms and authorities from the US and UK. I...
Bitcoin News / Bitcoinist - 2 years ago
J.W. Verret has outlined in an interview with John E. Deaton why XRP holders should hope for a “thin victory” for Ripple against the U.S. Securities and Exchange Commission (SEC). The former member of the SEC’s Investor Advisory Com...
Bitcoin News / Bitcoinist - 2 years ago
Just a few days ago, the beta version of the layer-2 scaling solution from Shiba Inu, Shibarium, was made available to the public. As it became known, there is a tremendous number of projects that want to build on Shibarium. LucieSHIB, a popular Twit...
Bitcoin News / Bitcoinist - 2 years ago
Polkadot is one blockchain that we haven’t recently associated in the entertainment and sports coverage here at Bitcoinist. Blockchains like Polygon, Solana, Tezos and Avalanche (among others) have taken a very culture or creative-first approac...
Bitcoin News / Bitcoinist - 2 years ago
After being shut down by U.S. regulators on Sunday, crypto-friendly Signature Bank director and former Congressman Barney Frank claimed they had “no indication of problems.” They suggested the bank’s closure was a “strong anti...
Bitcoin News / Bitcoinist - 2 years ago
According to a recent Bloomberg report, U.S. regulators are again attempting to interfere with the sale of the bankrupt crypto lender Voyager Digital to major crypto trading platform Binance.US. Although U.S. Bankruptcy Judge Michael Wiles, overseei...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows around 2.7 million more coins have entered a state of profit following Bitcoin’s jump above the $25,000 level. 65% Of The Adjusted Bitcoin Supply Is Now In The Green According to data from the on-chain analytics firm Glassno...
Bitcoin News / Bitcoinist - 2 years ago
Regardless of Ethereum’s odd price action over the past few days, the second-largest crypto by market cap has been breaking records behind the scenes. According to Ultrasoundmoney, ETH supply deflation has recently hit a record high as the total ETH...
Bitcoin News / Bitcoinist - 2 years ago
Euler Finance, a lending protocol in the decentralized finance (DeFi) space, which has witnessed several losses of funds through network exploits, has fallen victim to the largest exploit so far in 2023. Recently, the space Meta Sleuth, a crypto ana...
Bitcoin News / Bitcoinist - 2 years ago
In a recent tweet, Argo Blockchain PLC revealed that it has no exposure to the shuttered SVB and Silvergate banks. It also shared a post responding to the bank issues, declaring that neither the Argo blockchain nor its subsidiaries are exposed to the...
Bitcoin News / Bitcoinist - 2 years ago
Data shows Tether USD (USDT) has benefited from the recent chaos with the USD Coin (USDC) peg, as the stablecoin’s dominance has now hit 57.8%. Tether (USDT) Dominance Has Surged To 57.8% Now As per the latest weekly report from Glassnode, Teth...
Bitcoin News / Bitcoinist - 2 years ago
Cryptocurrency exploits have become one of the growing menaces against the advancement and adoption of digital assets. Over the years, the industry has suffered huge losses through several exploits on crypto blockchains and related platforms. Though...
Bitcoin News / Bitcoinist - 2 years ago
The crypto market started off the week on a good streak with the likes of Dogecoin and Shiba Inu rallying alongside Bitcoin. However, both meme coins have failed to follow the growth pattern of the largest asset in the crypto market and performed eve...
Bitcoin News / Bitcoinist - 2 years ago
The U.S. Justice Department is investigating the 2022 collapse of the TerraUSD stablecoin and is considering bringing criminal charges against the coin’s creator, Do Kwon, as reported by the Wall Street Journal. The move comes after the U.S. Se...
Bitcoin News / Bitcoinist - 2 years ago
The past week was eventful in the Bitcoin and crypto market, as three top banks collapsed, triggering a crash in the prices of digital assets. Thankfully, the market saw a reversal following the Fed’s announcement of supporting banks with $25 b...
Bitcoin News / Bitcoinist - 2 years ago
Singapore’s Bybit and Formula One team Oracle Red Bull Racing (RBR) have announced the launch of their joint e-sports program, Bybit Performance Accelerator. The program is designed to boost the performance of elite e-athletes participating in inter...
Bitcoin News / Bitcoinist - 2 years ago
The popular crypto exchange Coinbase has risen to challenge the US Securities and Exchange Commission (SEC) over its sporadic enforcement actions against crucial industry players. The firm believes that the SEC should focus on essential aspects of it...
Bitcoin News / Bitcoinist - 2 years ago
Cryptocurrency exchange, Binance, is introducing its prepaid card in Colombia, which aims at extending its scope in the Latam region. Colombia marks the third country in Latin America (Latam) to have the Binance prepaid card in the area owing to the...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin, the digital currency that has disrupted traditional finance, has been endorsed by none other than Robert Kiyosaki, the celebrated author of personal finance books. In a cautionary tale about government bailouts, Kiyosaki has urged people to...
Bitcoin News / Bitcoinist - 2 years ago
The release of new live views of Shiba Inu’s Metaverse at the South by Southwest (SXSW) festival in Austin, Texas, have generated a lot of excitement in the SHIB community. As Bitcoinist reported yesterday, detailed video views of the WAGMI Tem...
Bitcoin News / Bitcoinist - 2 years ago
Meta, the parent company of social media giants Instagram and Facebook, has announced that it will be discontinuing its integration of non-fungible tokens (NFTs) on its platforms. On Monday, the head of commerce and financial services at Meta, Stepha...
Bitcoin News / Bitcoinist - 2 years ago
Several Ripple executives have spoken out about the banking crisis in the United States. The company itself has been affected by the collapse of Silicon Valley Bank (SVB). As Ripple CEO Brad Garlinghouse clarified on Sunday, the company is affected &...
