Bitcoin News / Bitcoinist - 1 year ago
Following the announcement of the United States Securities and Exchange Commission (SEC) filing lawsuits against major cryptocurrency exchanges Binance and Coinbase, the regulator is now facing backlash from prominent crypto and blockchain lawyers. N...
Bitcoin News / Bitcoinist - 1 year ago
The increased oversight by the US Securities and Exchange Commission (SEC) towards the crypto industry has prompted both the community and regulators to question the approach taken by the US watchdog.
In a recent testimony before the US House Commit...
Bitcoin News / Bitcoinist - 1 year ago
On Monday, the United States Securities and Exchange Commission (SEC) dealt a significant blow to the crypto market by filing a lawsuit against Binance, one of the world’s largest crypto exchanges, and its CEO, Changpeng Zhao.
The lawsuit alle...
Bitcoin News / Bitcoinist - 1 year ago
In a recent development that caused a temporary disruption in the crypto world, major cryptocurrency exchange Kraken faced issues with its crypto funding gateways, leading to delays in deposits and withdrawals.
However, the exchange swiftly responde...
Bitcoin News / Bitcoinist - 1 year ago
The fallout from the collapse of major crypto exchange FTX continues, as the liquidator attempts to recover nearly $4 billion for creditors from another bankrupt crypto firm, Genesis Global Capital (GGC).
According to Wired, the court in the Souther...
Bitcoin News / Bitcoinist - 1 year ago
A Manhattan-based publication American Banker focused on the financial industry, has revealed Ripple’s efforts in ensuring secure minting and distribution of Central Bank digital currencies and stablecoins.
The financial reporter noted that Ripple...
Bitcoin News / Bitcoinist - 1 year ago
Two Congressmen in the United States recently blamed crypto companies as the country’s key source of tax evasion. In a letter to the Heads of the Treasury and the Internal Revenue Service, the congressmen push for tax laws specifically for the...
Bitcoin News / Bitcoinist - 1 year ago
Louis Vuitton is diving deeper into the world of NFTs. They have just announced a new “Treasure Trunks” collection that combines physical and digital elements. By owning these iconic ‘Treasure Trunks’, people can access future...
Bitcoin News / Bitcoinist - 1 year ago
The U.S. Securities and Exchange Commission (SEC) filed a complaint against crypto exchange Coinbase over allegedly trading unregistered securities. According to a document filed with the Southern District of New York, the regulator claims that the c...
Bitcoin News / Bitcoinist - 1 year ago
Atomic Wallet has joined the growing list of hack incidents in crypto and DeFi protocols this year. On June 3, several Atomic Wallet users reported that their entire portfolio vanished from the app with transaction history erased.
Then in a June 5 r...
Bitcoin News / Bitcoinist - 1 year ago
Rare satoshis have the potential to become the next major frenzy in the world of cryptocurrency, following the recent hype surrounding BRC-20 ordinals inscriptions and the craze for minting meme coins.
To provide some background, the Ordinals Protoc...
Bitcoin News / Bitcoinist - 1 year ago
Data shows the crypto futures market has registered liquidations of almost $300 million in the past day as Bitcoin has plunged below $26,000.
Crypto Futures Market Liquidations Spike As Bitcoin & Others Crash
A futures contract is said to be R...
Bitcoin News / Bitcoinist - 1 year ago
Meme coins may be facing a daunting threat to their existence. The coders and validators of the Bitcoin blockchain, the very foundation on which these meme coins operate, are contemplating their removal.
This pivotal decision comes in the wake of a...
Bitcoin News / Bitcoinist - 1 year ago
The United States Securities and Exchange Commission (SEC) has lodged a case against Binance, the world’s largest cryptocurrency exchange by trading volumes, pressing 13 charges, including one where they accuse the ramp of allegedly allowing th...
Bitcoin News / Bitcoinist - 1 year ago
The recent Securities and Exchange Commission (SEC) complaint against Binance has raised concerns among supporters of the cryptocurrency industry, with some fearing that it is part of a larger plan to implement “operation chokepoint 2.0” in the Unite...
Bitcoin News / Bitcoinist - 1 year ago
LUNC’s price has seen some upside over the past week after an important proposal went live. The price has since begun to cool off since the initial pump. However, there is still a bullish case to be made for the altcoin that could see its price clear...
Bitcoin News / Bitcoinist - 1 year ago
Binance’s alleged control over its US affiliate’s finances has come under the spotlight again following the revelation that a senior executive, Guangying Chen, was the main operator of five bank accounts belonging to Binance.US, including...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin and the crypto market have been on a “dry season,” with prices moving sideways, unable to break below support or above resistance levels. According to a recent report, a decline in volatility has preceded the low action, but something could c...
Bitcoin News / Bitcoinist - 1 year ago
Ninety years ago today, a seismic shift occurred in the global financial landscape as President Franklin Delano Roosevelt took the United States off the gold standard. This move, part of the New Deal program, was designed to tackle the economic turmo...
Bitcoin News / Bitcoinist - 1 year ago
Following the UK government’s plans to become a global hub for digital assets, lawmakers have called for comprehensive crypto regulations. The Crypto and Digital Assets APPG urged the UK government to provide clear regulatory frameworks for digital a...
Bitcoin News / Bitcoinist - 1 year ago
Recently, pro-crypto groups and regulators have challenged each other legally based on the legality of crypto organizations and operations.
In a new development, the Blockchain Association and the DeFi Education Fund joined other crypto advocates to...
Bitcoin News / Bitcoinist - 1 year ago
Online crypto curiosity has retraced from its 2021 all-time high to late 2020 levels amid dwindling Bitcoin sentiment. According to Google Trends data, “crypto” searches currently score 17, a significant downfall from its reference point 100, recorde...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the exchange inflows across the crypto market have remained low recently. Here’s what this trend might mean.
Exchange Inflows Of Major Crypto Assets Have Been Subdued Recently
According to the on-chain analytics firm Glassno...
Bitcoin News / Bitcoinist - 1 year ago
The New York Times has reported that Binance, one of the world’s largest cryptocurrency exchanges, and its Chief Executive Officer (CEO) Changpeng Zhao, are facing accusations of breaking US securities rules. The allegations were made in a fede...
Bitcoin News / Bitcoinist - 1 year ago
A recent report by Local media Kommersant disclosed that Russian regulators uncovered a Bitcoin bribe of 1,032.1 BTC worth $28 million at the current market price.
Notably, a government official Marat Tambiev allegedly collected the bribe from hacke...