66 / 255 Relevant items tagged with #Cryptocurrency
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Wazirx Details Plan to Resume Withdrawals and Trading — Insists Signers’ Machines Show ‘No Evidence of Compromise’
[Jul 25, 2024 9:22 AM] Indian crypto exchange Wazirx has provided an update on its progress to enable users to withdraw funds and resume trading on its platform following a cyberattack that caused a loss of over $230 million. “Our preliminary investigation reveals…
Massive Sleeping Bitcoin Wallet From 2013 Moves 750 BTC After 11 Years, Valued at $48M
[Jul 25, 2024 8:25 AM] With bitcoin prices declining by 3.7% in the past 24 hours, a dormant bitcoin wallet, created on May 20, 2013, or just over 11 years ago, moved 750 BTC, valued at roughly $48 million at current exchange rates. Vintage Bitcoin Wallet From 2013…
MARA Adopts ‘Full HODL Strategy,’ Surpasses 20,000 BTC Holdings
[Jul 25, 2024 7:35 AM] Marathon Digital Holdings, now known as MARA, has announced a strategic shift to hold all its bitcoin, pushing its current holdings beyond 20,000 BTC. The company has also made a $100 million purchase of bitcoin as part of its new treasury policy…
Ethereum Name Service (ENS) 153% Rally ‘Underway’, Analyst Says
[Jul 25, 2024 3:30 AM] Even though the crypto market has been quite unstable, Ethereum Name Service (ENS) has been showing a lot of growth potential. ENS has shown it can bounce back with an almost 4% rise in the last week. Its success over the last 30 days has been even…
India cracks down on darknet drug deals using crypto tracking
[Jul 25, 2024 2:23 AM] India’s NCB forms a special task force and initiates digital forensics training to tackle the growing misuse of cryptocurrencies in drug trafficking.
Hong Kong Launches Its First Inverse Bitcoin ETF Product
Telegram CEO Predicts Blockchain Mass Adoption This Year — Announces Mini App Store, Web3 Browser
[Jul 24, 2024 7:33 PM] Pavel Durov, CEO of Telegram, forecasts 2024 as the year of blockchain mass adoption. He announced new features such as a mini app store, an in-app browser for Web3, and initiatives to combat crypto scams. Telegram’s user base has grown to…
Proton Launches Self-Custodial Bitcoin Wallet: 100 Million Proton Mail Users Can Now Receive BTC via Email
[Jul 24, 2024 6:30 PM] Proton, known for its privacy-focused services including the popular Proton Mail with over 100 million users, has launched Proton Wallet, a new self-custodial bitcoin wallet. “If you are one of the millions of people who have a Proton Mail…
Robert Kiyosaki vs Peter Schiff: Conflicting Predictions on Gold, Bitcoin, and US Dollar
[Jul 24, 2024 5:20 PM] Rich Dad Poor Dad author Robert Kiyosaki and gold advocate Peter Schiff have provided conflicting forecasts about the future of gold, silver, bitcoin, and the U.S. economy if Donald Trump is re-elected. Kiyosaki claims asset prices will rise as…
Ferrari Launching Crypto Payment System for European Market
[Jul 24, 2024 4:50 PM] Ferrari, the iconic Italian luxury sports car manufacturer, announced on Wednesday that it will introduce its cryptocurrency payment system to European dealers by the end of July 2024. This move follows the successful launch of crypto payments in…
Kraken Completes Mt Gox Bitcoin and Bitcoin Cash Distribution to Creditors
[Jul 24, 2024 3:40 PM] Crypto exchange Kraken has completed the distribution of bitcoin and bitcoin cash from the Mt. Gox estate to creditors, marking the end of a decade-long process. Kraken CEO David Ripley expressed gratitude for the Trustee’s efforts in…
Litecoin (LTC) Set To ‘Wake Up’, According To Legendary Trader’s Forecast
Wazirx Prepares Poll for User Input on Resuming Withdrawals and Trading
Ferrari to launch crypto payments in Europe after US success
[Jul 24, 2024 6:00 AM] Ferrari debuted cryptocurrency payments for its cars in the United States in 2023, partnering with major local payments provider BitPay.
Is The US Emulating Germany? $4 Million Bitcoin Movement Raises Questions
[Jul 24, 2024 5:30 AM] With a huge sell-off of Bitcoin, the Germany has fundamentally changed the bitcoin scene. Germany has recently offloaded an astounding 49,850 BTC within a few weeks. Executed across many exchanges including Coinbase, Kraken, and Bitstamp, the…
US Vice President Kamala Harris Reportedly Mulling Bitcoin 2024 Conference Appearance
[Jul 24, 2024 1:51 AM] Kamala Harris, Vice President of the U.S. and favorite to be nominated as a Democratic candidate for the presidency, is mulling making an appearance at the upcoming Bitcoin 2024 Conference where former President Donald Trump will also appear. David…
Marathon Digital Ordered to Pay $138M for Contract Breach
[Jul 23, 2024 11:30 PM] A federal court jury in Los Angeles has awarded Michael Ho $138 million after finding crypto mining firm Marathon Digital Holdings Inc. guilty of breaching a Non-Disclosure/Non-Circumvention Agreement. Ho had shared proprietary information about a…
Tokyo Stock Exchange-Listed Metaplanet Completes 1 Billion Yen Bitcoin Purchase
[Jul 23, 2024 10:05 PM] Metaplanet Inc. announced on July 22 the purchase of an additional 200 million yen worth of bitcoin, amounting to 20.381 BTC. This latest acquisition completes the company’s 1 billion yen ($6.4 million) bitcoin purchase plan, which was…
Sam Altman Sponsored Study Found UBI Increases Spending on Basic Needs and Philanthropy
[Jul 23, 2024 9:37 PM] A multi-year study sponsored by Openai’s Sam Altman examined the effects of a UBI stipend on the spending patterns of the beneficiaries, finding that most of the money was spent on basic needs. The study, which gave $45 million to thousands…
Paraguay’s President Dismisses Complaints About Power Fee Hikes From Bitcoin Mining Companies, Asserts High Interest Remains
[Jul 23, 2024 8:35 PM] Santiago Peña, the President of Paraguay, recently dismissed the complaints that bitcoin mining farm operators have voiced against the power fee hikes that ANDE has enacted for these activities. Peña stated that these price increases don’t need to…
87% of Russians Aware of Cryptocurrency, 42% Familiar With Hamster Kombat, Survey Shows
[Jul 23, 2024 7:32 PM] A survey by the All-Russian Public Opinion Research Center reveals high awareness of cryptocurrency among Russians but limited knowledge of the Telegram game Hamster Kombat. Despite 87% being aware of cryptocurrency, only 42% know of Hamster…
US Government Could Hold Bitcoin as Reserve Asset, Diam CEO Explains
[Jul 23, 2024 6:30 PM] Bryan Courchesne, CEO and founder of crypto investing firm Daim, has shared insights regarding how the U.S. government could start holding bitcoin as strategic reserve asset. “The Justice Department holds about 200,000 units of bitcoin so…
Robert Kiyosaki Forecasts $105,000 Bitcoin and $3,300 Gold if Trump Wins
[Jul 23, 2024 5:17 PM] Rich Dad Poor Dad author Robert Kiyosaki predicts that if Donald Trump is re-elected as U.S. president, the dollar will weaken, leading to increased prices for gold, silver, bitcoin, and other assets. He forecasts gold will rise from $2,400 to…
Altcoin Resurgence Expected if Ether ETFs Drive Sharp Uptick in ETH, Says Two Prime’s Blume
[Jul 23, 2024 4:18 PM] A managing partner at SEC-regulated Registered Investment Advisor Two Prime has discussed the potential impact of spot ether exchange-traded fund (ETF) launches on the cryptocurrency market. He explained that early demand could be greater than when…
Asian Markets Cashed out During Recent Gold Rally
[Jul 23, 2024 3:20 PM] Buyers in Asian markets were reluctant to continue purchasing gold as it reached a new record high last week, opting to cash out and wait for deeper discounts. In India, sellers were offering discounts on gold bullion of over $65 per ounce, with…
Wintermute in $300M funding talks, Tencent interested: Report
[Jul 23, 2024 1:23 PM] The crypto market maker could have a valuation of $2 billion if the talks come to fruition.
India Maintains Crypto Tax Regulations in 2024/25 Budget
[Jul 23, 2024 9:16 AM] Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget keeps the existing cryptocurrency tax regulations unchanged, disappointing local crypto advocates. They argue that reducing the 1% tax deducted at source (TDS) is essential for…
Wazirx Claims INR Funds Unaffected by Cyberattack, Platform Secure
[Jul 23, 2024 7:17 AM] Indian crypto exchange Wazirx has provided an update on the recent cyberattack resulting in the theft of over $230 million. Wazirx co-founder Nischal Shetty stated that the exchange is exploring various strategies to restore platform deposits…
US Spot Bitcoin ETFs See Record $533.57M Inflows Ahead of Ether ETF Launch
[Jul 23, 2024 6:36 AM] Ahead of the spot ether exchange-traded funds (ETFs) launch, U.S. spot bitcoin ETFs experienced their 12th consecutive day of inflows, accumulating $533.57 million on Monday. This influx marked the highest gains for the 11 funds since June 4…