Bitcoin News / Bitcoinist - 2 years ago
Conor Grogan, head of product business operations at Coinbase, has made a sensational discovery, linking the anonymous inventor of Shiba Inu, Ryoshi, to former FTX CEO Sam Bankman-Fried (SBF). In a Twitter thread, Grogan today presented the evidence...
Bitcoin News / Bitcoinist - 2 years ago
Central banks around the world are exploring the possibility of issuing central bank digital currencies, or CBDC, as a digital version of their national currencies. The study on CBDC is centered on understanding the potential benefits and risks assoc...
Bitcoin News / Bitcoinist - 2 years ago
Grayscale, the world’s largest Bitcoin fund, is being sued by Alameda and FTX on behalf of FTX’s debtors and affiliates. According to a press release issued by the FTX Debtors on Monday, claims have also been filed directly against Graysc...
Bitcoin News / Bitcoinist - 2 years ago
Bybit has introduced a debit card that can be used on the Mastercard network and would deduct cryptocurrency holdings from accounts when making purchases. The launch of Bybit’s virtual and physical debit card offerings comes days after the Duba...
Bitcoin News / Bitcoinist - 2 years ago
In the legal dispute between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, Judge Analisa Torres has issued an initial ruling, but it is not the summary judgment ruling. Instead, the judge has issued a 57-page ruling on both parti...
Bitcoin News / Bitcoinist - 2 years ago
The world first caught wind of e-commerce giant Amazon’s first inklings of NFT exploration less than three months ago. But it looks like the next three months could very well be action-packed, as rumors continue to swirl around the new expected...
Bitcoin News / Bitcoinist - 2 years ago
Today marks 90 years since Proclamation 2039. While the historical event took place nearly 75 years before Bitcoin was created, its anniversary is a reminder why the top cryptocurrency was created and why it is important to consider owning some. Wha...
Bitcoin News / Bitcoinist - 2 years ago
The Securities and Exchange Commission (SEC) continues its enforcement actions against the crypto industry, filing an emergency action against Miami-based crypto hedge fund BKCoin and its principal Kevin Kang. According to the SEC’s complaint,...
Bitcoin News / Bitcoinist - 2 years ago
Amid the several downturns in the crypto market, including the Silvergate fallout and regulatory crackdown, the U.S.-based cryptocurrency exchange Kraken has unveiled its plans to launch a banking institution. This was revealed by Marco Santori, Krak...
Bitcoin News / Bitcoinist - 2 years ago
Data shows Bitcoin funding rates have turned negative recently, suggesting that shorts are accumulating on the market. Will a squeeze follow? Bitcoin Funding Rates Are At Their Most Negative Since December 2022 As an analyst in a CryptoQuant post poi...
Bitcoin News / Bitcoinist - 2 years ago
For some folks, cryptocurrencies are complex and high-risk assets, which makes them hard to comprehend despite their potential. This limitation has posed challenges for several governments while seeking regulatory clarity for crypto. The same issue h...
Bitcoin News / Bitcoinist - 2 years ago
With the bear market deepening and causing ups and downs in the Bitcoin market every now and then, the piecing together of significant adoption news to come up with a conclusion that maybe the bear season was a distraction after all is something that...
Bitcoin News / Bitcoinist - 2 years ago
Last week, news quickly circulated that Silvergate Bank, a crypto-friendly bank, was in hot water and had to stop offering USD services to its around 1,600 crypto customers. This obviously had a significant impact on the market as assets such as Bitc...
Bitcoin News / Bitcoinist - 2 years ago
The Central Bank of Ukraine banned crypto transactions via bank cards to prevent its national currency, the hryvnia, from being used on crypto exchanges. Similarly, Binance and the country’s leading exchange Kuna have confirmed the suspension o...
Bitcoin News / Bitcoinist - 2 years ago
Last weekend was hot for Yuga Labs as the crypto community criticized how it modeled its first Bitcoin NFT auction. The creator of the Bitcoin NFT protocol Ordinals also expressed displeasure at the model, threatening to wash his hands off. Yuga Lab...
Bitcoin News / Bitcoinist - 2 years ago
Many crypto enthusiasts believe the growing trend of Bitcoin ATMs will drive more adoption, given the ease of access. But Bloomberg reported last year that the crypto winter affected Bitcoin ATMs. While the community complains about the impact of the...
Bitcoin News / Bitcoinist - 2 years ago
The Bitcoin mining difficulty is currently sitting at all-time high values, but miners seem unfazed as the hashrate has only continued to rise recently. Bitcoin Mining Hashrate Continues Uptrend Despite Difficulty Increase The “mining hashrate&...
Bitcoin News / Bitcoinist - 2 years ago
Bybit has suspended U.S. dollar deposits using bank transfer owing to a partner-triggered service outage, the Dubai-headquartered crypto exchange announced. Bybit announced on its website that U.S. dollar wire transfers, including SWIFT payments, hav...
Bitcoin News / Bitcoinist - 2 years ago
The world of cryptocurrency has been shaken once again by the latest report from the Wall Street Journal. According to their sources, Binance – the biggest player in the industry – has been developing a strategy to evade the risk of facin...
Bitcoin News / Bitcoinist - 2 years ago
The Bitcoin and crypto markets had their second red week in a row, driven by negative news about the US crypto bank Silvergate. While the dollar index (DXY) weakened on Friday and the world’s largest stock index, the S&P 500, showed a stron...
Bitcoin News / Bitcoinist - 2 years ago
While the court case between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to await a ruling from the U.S. Southern District Court of New York, rumors have arisen in the XRP community that the judge in charge, Analisa To...
Bitcoin News / Bitcoinist - 2 years ago
According to the latest report, Bitcoin adoption among merchants is expected to increase by 50% in the next three years. This result is from a survey conducted by Ripple and Faster Payment Council, which involved 300 payment leaders in 45 countries. ...
Bitcoin News / Bitcoinist - 2 years ago
Sam Bankman-Fried will be allowed to use a non-internet-connected flip phone under new bail conditions that include restrictions on internet usage, according to prosecutors cited by Bloomberg. The former FTX CEO is still free on a $250 million bail b...
Bitcoin News / Bitcoinist - 2 years ago
Silvergate Capital has pulled the plug on its Silvergate Exchange Network (SEN) after the bank specializing in digital assets voiced questions about its viability. SEN, the bank’s platform for crypto payments, is one of its most popular service...
Bitcoin News / Bitcoinist - 2 years ago
Mike McGlone, the senior macro strategist at Bloomberg Intelligence, outlined the primary catalyst for the downturn of Bitcoin and Crypto prices. In his recent digital asset analysis, McGlone cited the US Federal Reserve’s hawkish inflation-cur...
