Bitcoin News / Bitcoin.com - 1 month ago
As of today, Oct. 6, 2024, the countdown to the end of the year continues, with just 87 days left. Bitcoin (BTC) is holding strong at just over $62,000, although it’s still trailing 15.6% below its record high from seven months ago. Meanwhile,...
Bitcoin News / Bitcoin.com - 1 month ago
Lego’s website was hacked to display an unauthorized cryptocurrency ad promoting a fake “Lego coin.” The ad encouraged site visitors to purchase the fake crypto, promising them secret rewards and redirecting them to a suspicious ext...
Bitcoin News / Bitcoin.com - 1 month ago
Nigeria introduced an “oil-for-naira” program by selling crude oil to Aliko Dangote’s refinery in a bid to stabilize the weakening local currency. Blackrock announced its support for UStb, a new stablecoin from Ethena Lab...
Bitcoin News / Bitcoin.com - 1 month ago
Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase’s efforts...
Bitcoin News / Bitcoin.com - 1 month ago
Marcos Galperin, founder and CEO of Latin America’s e-commerce and financial services giant Mercado Libre, shared his perspective on bitcoin and cryptocurrency. In a recent interview, Galperin stated that he believes cryptocurrencies will play...
Bitcoin News / Bitcoin.com - 1 month ago
The Dubai Multi Commodities Centre (DMCC) Crypto Centre and the Swiss early-stage blockchain venture capital firm CVVC have partnered to support the Web3 ecosystems in Dubai and Switzerland. The partnership aims to foster collaboration, knowledge sha...
Bitcoin News / Bitcoin.com - 1 month ago
This editorial is from last week’s newsletter, Week in Review, with some slight tweaks to dates so the article makes sense. Subscribe to the newsletter to get this editorial the second it’s released, which also includes the biggest stories of the wee...
Bitcoin News / Bitcoin.com - 1 month ago
AI startup Openai reported closing a funding round led by Thrive Capital and the participation of other tech companies like Microsoft and Nvidia. The $6.6 billion raised would be used to expand its set of tools and raise its computing capacity, which...
Bitcoin News / Bitcoin.com - 1 month ago
Having completed the main quests of Season 1, Regina returns to the captivating world of Spellborne to tackle the latest side quests. What ensues is an intense blend of strategy, reflex challenges, and immersive world-building. Last week’s quick reca...
Bitcoin News / Bitcoin.com - 1 month ago
David Carmona, founder of the Icomtech cryptocurrency Ponzi scheme, has been sentenced to over 10 years in prison for defrauding investors with false promises of profits. His scheme targeted working-class people with the lure of financial freedom thr...
Bitcoin News / Bitcoin.com - 1 month ago
Paypal has made a significant step in corporate payments by completing its first transaction using its stablecoin Paypal USD (PYUSD). This milestone highlights the role digital currencies can play in streamlining cross-border transactions, with Paypa...
Bitcoin News / Bitcoin.com - 1 month ago
Economist Peter Schiff has warned that restoring a real economy requires letting the “phony economy” collapse, which would result in significant financial losses for many. However, he emphasized that the alternative is worse, as it would...
Bitcoin News / Bitcoin.com - 1 month ago
Robert Kiyosaki, author of Rich Dad Poor Dad, has expressed concerns about World War III, warning that current global tensions could lead to catastrophic consequences. He emphasized the need for stronger leadership. This echoes past warnings from him...
Bitcoin News / Bitcoin.com - 1 month ago
The Reserve Bank of Zimbabwe (RBZ) has injected an additional $50 million into the market to support the foreign exchange system. However, industry leaders believe the bank is not doing enough to facilitate the smooth operation of the market. They ar...
Bitcoin News / Bitcoin.com - 1 month ago
The Central Bank of Nigeria (CBN) is launching a new electronic system (EFEMS) to improve transparency in the foreign exchange market. This comes as the Nigerian currency weakens. Authorized dealers must comply with existing regulations and complete...
Bitcoin News / Bitcoin.com - 1 month ago
This week, the U.S. Court of Appeals for the District of Columbia Circuit has ruled in favor of the predictions market Kalshi, allowing the commodities exchange to offer event contracts based on the outcome of U.S. congressional elections. Circuit Ju...
Bitcoin News / Bitcoin.com - 1 month ago
Bitcoin Cash (BCH) has emerged as a popular cryptocurrency, offering fast and low-cost transactions. In the vibrant city of Townsville, Australia, BCH adoption has reached new heights, thanks to the Bitcoin.com Wallet app and the Bitcoin.com point of...
Bitcoin News / Bitcoin.com - 1 month ago
It’s been approximately 38 days since Makerdao, the decentralized finance (defi) project, rebranded as Sky and launched both the USDS stablecoin and the SKY token. During this time, more than a billion USDS coins have been minted, and 530 million DAI...
Bitcoin News / Bitcoin.com - 1 month ago
Just recently, reports surfaced about an upcoming HBO documentary titled “Money Electric,” which promises to unmask the true identity of Bitcoin’s elusive creator, Satoshi Nakamoto. Over on Polymarket, bettors are wagering on who th...
Bitcoin News / Bitcoin.com - 1 month ago
Asset manager Bitwise has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to merge three bitcoin and ethereum futures exchange-traded funds (ETFs) into a single fund. This new fund will utilize a momentum-based strategy, targe...
Bitcoin News / Bitcoin.com - 1 month ago
Hashkey Capital, one of Asia’s largest venture capital firms specializing in Web3 and cryptocurrency, has released its sector analysis for the first half of 2024. The report covers significant technological advancements across multiple blockchain sec...
Bitcoin News / Bitcoin.com - 1 month ago
Following a slow period for non-fungible token (NFT) sales in September, the past week has shown a 10.07% rise in revenue compared to the previous week. According to data from cryptoslam.io, the total NFT sales reached $85.8 million, with Ethereum co...
Bitcoin News / Bitcoin.com - 1 month ago
On Friday, the 12 U.S. s pot bitcoin exchange-traded funds (ETFs) experienced positive inflows, totaling $25.59 million. Concurrently, the nine spot ether ETFs garnered a combined $7.39 million in inflows during the day’s trading session. Bitcoin ETF...
Bitcoin News / Bitcoin.com - 1 month ago
Two cryptocurrency platforms face allegations of fraud by Washington State’s Department of Financial Institutions. Both companies allegedly lured investors with promises of huge returns, but later blocked withdrawals and demanded extra fees. An inves...