91 / 339 Relevant items tagged with #Crypto
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US Senator Highlights Bitcoin as Currency Unaffected by Widespread Cyber Outages
[Jul 20, 2024 3:30 PM] U.S. Senator Cynthia Lummis has emphasized bitcoin’s resilience as a form of currency unaffected by widespread cyber outages. Her remarks followed major system failures linked to Crowdstrike, which impacted multiple sectors and have been…
2 Foreign Nationals Plead Guilty in Lockbit Ransomware Case
[Jul 20, 2024 2:30 PM] Two foreign nationals pleaded guilty in Newark federal court regarding their participation in the Lockbit ransomware organization, the U.S. Department of Justice (DOJ) revealed on Thursday. Russian citizen Ruslan Magomedovich Astamirov and Mikhail…
Here’s What To Know On Grayscale Bitcoin & Ethereum ETF Spinoffs – Details
[Jul 20, 2024 12:00 PM] Prominent asset manager Grayscale Investments is set to launch spinoffs of their Grayscale Ethereum Trust’s (ETHE) and Grayscale Bitcoin Trust (GBTC) exchange-traded funds (ETF). Following inquiries by market spectators and potential investors…
Wazirx Prepares Bounty Program to Recover $230 Million Stolen in Security Breach
[Jul 20, 2024 10:30 AM] Wazirx co-founder Nischal Shetty has updated the public on the $230 million security breach affecting the Indian crypto exchange. The Wazirx team is preparing a bounty program, engaging with expert teams to trace the stolen funds, and collaborating…
Crypto Analyst Says ‘Think Bigger’, Bitcoin Price Is Headed To $100,000
[Jul 20, 2024 10:00 AM] A crypto analyst has maintained a strong bullish stance for Bitcoin (BTC), predicting that the pioneer cryptocurrency is heading towards a fresh all-time high of $100,000. The analyst has shared several factors that could propel Bitcoin to this…
Bitcoin Price Skyrockets To $66,000 Amid Global IT Outage
[Jul 19, 2024 11:30 PM] The Bitcoin price has quickly recovered from its recent dip to a six-month low of $53,500 on July 5th, reclaiming the $66,000 level and setting its sights on retesting its all-time high of $73,700 reached in March. This resurgence comes as major…
Chinese Billionaire Convicted of Racketeering and Wire Fraud in US
[Jul 19, 2024 9:30 PM] Exiled Chinese billionaire Guo Wengui, also known as Miles Guo, has been convicted by a U.S. jury on charges including racketeering conspiracy and wire fraud. Guo defrauded followers of over $1 billion, primarily through false investment schemes in…
Is Bitcoin Poised for a Breakout? $100K Call Options Signal Big Expectations
[Jul 19, 2024 8:30 PM] While Bitcoin maintains its price above the $60,000 range, some institutional investors are positioned for a positive price trajectory with call options betting on up to $100,000 come year-end. Despite recent pressures from substantial Bitcoin…
Binance Secures Approval To Invest US Customer Fiat Funds In US T-Bills, BNB Price Surges
[Jul 19, 2024 7:30 PM] Binance has received court approval allowing it to invest customer fiat funds into US Treasury Bills (T-Bills) after a year of heightened scrutiny of Binance’s operations in the United States. The decision has resulted in a notable price…
Philippine Central Bank Warns of AI-Driven Crypto Scams — Governor Denies Endorsing Cryptocurrency Projects
[Jul 19, 2024 7:30 PM] The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, has cautioned the public against scams involving AI-manipulated videos and audios, which are used to spread false information, particularly about cryptocurrency…
Barstool’s Dave Portnoy Accepts Bitcoin From Kraken in Sponsorship Deal
[Jul 19, 2024 5:30 PM] Barstool Sports founder Dave Portnoy has expressed his hesitation to buy bitcoin at its current price but is open to accepting the cryptocurrency as payment. He disclosed that he accepted bitcoin from crypto exchange Kraken as part of a sponsorship…
Can Burns Send The Shiba Inu And LUNC Price To $0.01? Expert Chimes In
[Jul 19, 2024 5:00 PM] The Shiba Inu (SHIB) and Terra Classic (LUNC) ecosystems have become known for their regular token burns, which aim to increase the value of these coins. A computer engineer has given his opinion on this burn mechanism, revealing between Shiba Inu…
Blockfi to Begin Interim Crypto Distributions via Coinbase This Month
[Jul 19, 2024 3:30 PM] Crypto lender Blockfi announced that it will begin interim crypto distributions via Coinbase this month. U.S. clients will receive notifications, while non-U.S. clients face regulatory restrictions. Blockfi, which filed for bankruptcy protection in…
Basel Committee Gives Permissioned Stablecoins ‘Preferential Treatment’ in Amended Crypto Asset Standard Amidst Heavy Criticism
[Jul 19, 2024 1:30 PM] The Basel Committee, responsible for setting standards for bank regulation, has revised its crypto asset standard, introducing new considerations that impact stablecoins. The updated standard favors permissioned stablecoins, such as JPM Coin, over…
Leading BTM Operator, Bitcoin Depot, Will Add Bitcoin to Its Treasury Reserves
[Jul 19, 2024 11:30 AM] Bitcoin Depot, a company that operates more than 7,400 bitcoin ATMs in the U.S., has announced that it will allocate part of its cash reserves to build a bitcoin treasury, following the footsteps of companies like Microstrategy. According to its…
Analyst Upbeat On XRP Rally Despite SEC Meeting Cancellation – Details
[Jul 19, 2024 10:00 AM] Nobody in the XRP community expected the SEC to cancel a meeting behind closed doors on July 18 without giving any reason. Some people think this move has something to do with the approval process for spot Ethereum ETFs. Crypto Community Clueless…
Market Strategist Says Bitcoin Downtrend Is Finally Over, Here’s Where Price Is Headed Next
[Jul 19, 2024 8:30 AM] A market strategist has declared that Bitcoin (BTC), the world’s largest cryptocurrency, has finally concluded its downtrend. According to the strategist, Bitcoin may be heading to a new price target, driven by the positive shift in its market…
Wazirx Takes Legal Action After $230 Million Cyberattack — Liminal Insists Platform Secure
[Jul 19, 2024 7:16 AM] Indian crypto exchange Wazirx has filed a police complaint and is pursuing legal action after a cyberattack led to a loss of over $230 million. The exchange is collaborating with global partners and authorities to trace and recover the stolen…
Mass Exodus? Over 672,000 Bitcoin Holders Drop Out Amid Market Shifts
[Jul 19, 2024 6:30 AM] As Santiment analytics disclose an accelerating decline in wallets holding one or more Bitcoin, the cryptocurrency industry has gone abuzz. Crucial for gauging mood in the market, this indicator has been progressively dropping as traders become…
South African Exchange Luno Leverages Fireblocks’ Enterprise-Grade Digital Asset Platform
[Jul 19, 2024 5:30 AM] South African crypto exchange Luno has announced that it is integrating its platform with Fireblock’s enterprise-grade digital asset transfer platform. Aleks Andjelopolj suggested that leveraging Fireblocks means Luno users will experience…
Winklevoss Twins Donate $1 Million to Elizabeth Warren Rival John Deaton
[Jul 19, 2024 2:35 AM] The Winklevoss twins, Tyler and Cameron, founders of Gemini and Winklevoss Capital, have donated $1 million to support the campaign of pro-crypto candidate John Deaton in the state of Massachusetts. Both stated that their goal with this donation is…
Shiba Inu Price Drops 10% As 5 Trillion SHIB Flood To Exchanges Following WazirX’s Exploit
Putin Calls to ‘Seize the Moment’ to Kickstart Digital Ruble and Crypto Adoption In Russia
[Jul 18, 2024 11:30 PM] President Vladimir Putin declared it was time for Russia to create the environment needed to increase the adoption of digital assets and the Russian CBDC, the digital ruble, as part of the country’s economic tissue. He also reported that over…
Bitcoin (BTC) Could Be On The Verge Of a 30% Gain, Here’s Why
[Jul 18, 2024 7:30 PM] Bitcoin seems on the verge of a massive breakout as it nears a crucial bull market trendline that broke in June last year. From a technical perspective, this development is an important step for Bitcoin to re-enter a price point that has…
Kraken Expands Crypto Custody Services to Institutions in UK and Australia
[Jul 18, 2024 7:30 PM] Crypto exchange Kraken has expanded its custody services to institutional clients in the UK and Australia, marking the first international expansion following its successful U.S. launch in March. Kraken Institutional, already established in the UK…
Standard Chartered, Animoca Brands, and HKT Join Forces on Hong Kong’s Stablecoin Sandbox
[Jul 18, 2024 6:30 PM] Standard Chartered Bank (Hong Kong) Ltd. (SCBHK), Animoca Brands, and Hong Kong Telecom (HKT) have united to participate in the Hong Kong Monetary Authority’s (HKMA) stablecoin issuer sandbox, announced in March. Leveraging Zodia Custody’s…
FBI Seizes $2.5M in Crypto From Thailand-Based Pig Butchering Scam Targeting Americans
Crypto Analyst Says Bitcoin Is Not Ready For $65,000 Retest, But Can It Reach $71,500?
[Jul 18, 2024 4:30 PM] Crypto analyst Rekt Capital has provided insights into the Bitcoin future trajectory. Based on his analysis, the flagship crypto might not yet be ready for its next leg up, which could see it climb back above $70,000. Bitcoin Not Yet Ready To…
Potential Ban on Cryptocurrency Mining in Certain Regions Disrupts Regulatory Efforts in Russia
[Jul 18, 2024 4:30 PM] The potential for a ban on cryptocurrency mining in regions classified as ‘energy deficient’ has hindered the ability to reach a consensus on the approval of cryptocurrency mining regulations in Russia. The proposed bill, which is expected to pass…