104 / 255 Relevant items tagged with #Cryptocurrency
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Moonpay Donates $1 Million to Stand With Crypto
[May 14, 2024 10:05 PM] Moonpay, one of the largest cryptocurrency onramp and offramp providers, has donated $1 million to Stand With Crypto, a nonprofit that seeks to rally American voters around the cryptocurrency cause. Moonpay CEO Ivan Soto-Wright stated that the…
Industry Experts Foresee Massive Growth for Crypto Market, Predictions up to $100 Trillion
[May 14, 2024 8:47 PM] Raoul Pal, a well-known financial sector figure, predicts a significant expansion of the cryptocurrency market, forecasting its market capitalization could reach $100 trillion due to global liquidity trends and technology adoption. His analysis is…
Metaplanet Unveils ‘Bitcoin-First’ Strategy to Face Japan’s Economic Weakness
Billionaire Peter Thiel’s Venture Capital Firm Leads Polymarket’s $45 Million Series B Funding Round
[May 14, 2024 7:30 PM] Billionaire Peter Thiel’s Founders Fund recently led the Series B funding round for the crypto-based prediction markets platform, Polymarket, which raised $45 million. The latest round valued Polymarket lower than the $1 billion it had anticipated…
From Historic Banking Family to BTC — Rothschild-Linked Firm Invests in Bitcoin ETFs GBTC and IBIT
[May 14, 2024 7:00 PM] According to a recent earnings filing, Edmond de Rothschild Holding S.A., a private banking and asset management entity linked with the distinguished Rothschild banking family from France, holds shares in Grayscale’s GBTC and…
Crypto Broker Fined Nearly $1.7M for Illegally Providing Access to Digital Asset Exchanges
[May 14, 2024 6:01 PM] On May 13, the Commodity Futures Trading Commission announced it had fined crypto brokerage firm Falcon Labs Ltd. approximately $1.7 million. The fines are penalties for the firm’s illegal facilitation of U.S. residents’ access to digital asset…
Andrew Tate Pours $6M Into Gamestop as Meme Stock Craze Continues to Shock Wall Street
[May 14, 2024 4:29 PM] The frenzy surrounding GME and AMC remains ongoing, with both stocks experiencing increases of 200% and 150%, respectively, over the past five days. In the midst of this excitement, CNBC’s Mad Money host Jim Cramer suggested that the companies…
Macro Investor Dan Tapiero Predicts ‘Scary Bullish’ BTC Prospects; Foresees Crypto Asset Surpassing $90K
[May 14, 2024 3:00 PM] Macro investor Dan Tapiero has described bitcoin’s prospects as extremely bullish. He predicts that if bitcoin breaks the $65,000 mark, it could likely rise to $90,000 and beyond. Although he acknowledges that the specific catalyst for…
El Salvador Launches Treasury Holdings Site, Confirms Daily Bitcoin Purchases
[May 14, 2024 1:30 PM] The Bitcoin Office of El Salvador (ONBTC) has launched a site that allows anyone to confirm the treasury holdings of the country, offering a large degree of transparency in its finances. The site, composed as a custom instance of mempool space, a…
Welcome to the United Kingdom — Please hand over your crypto
[May 14, 2024 11:43 AM] An April change to United Kingdom law will allow authorities to treat crypto like other assets by seizing it without accusing suspects of wrongdoing.
Bitcoin Miner Bitfarms Enhances Paraguay Facility With New 100 MW Hydropower Deal
[May 14, 2024 11:30 AM] On Tuesday, bitcoin mining company Bitfarms, listed on the Nasdaq and Toronto Stock Exchange (TSX), announced it has secured an additional 100 megawatts (MW) of power from Paraguay’s state-owned utility firm, ANDE. The 100 MW is anticipated…
Roaring Kitty Return Continues to Fuel Meme Stock and Crypto Frenzy: GME, AMC, and Meme Coins Soar
[May 14, 2024 10:30 AM] On Tuesday, shares of Gamestock and AMC Entertainment Holdings continued to soar, fueled by retail investors following the reappearance of Keith Gill’s online persona, ‘Roaring Kitty.’ This upward momentum also spilled over into the…
Tornado Cash Developer Alexey Pertsev Sentenced to 64 Months for Money Laundering
[May 14, 2024 8:30 AM] A Dutch court has sentenced Tornado Cash developer Alexey Pertsev to five years and four months in prison for laundering $2.2 billion through the cryptocurrency mixing service. The case represents a pivotal moment for decentralized finance (defi)…
32 Vintage ‘Sleeping Bitcoin’ Wallets Spring to Life in May, Surpassing April’s Activity
[May 14, 2024 7:41 AM] Following the awakening of numerous dormant bitcoins in March, April was rather uneventful, with just 72 transfers from idle wallets dating between 2010 and 2017. To date, May has seen 32 transfers from vintage wallets, moving about 1,181 more…
Pre-launch token trading 20 times more volatile than post-launch trading — Keyrock
[May 14, 2024 7:07 AM] Pre-launch volatility underscores the critical role of liquidity in stabilizing markets, according to the report.
Glassnode Report Highlights Diverging Performance Between Bitcoin and Ethereum
Coinbase recovers after system-wide outage, but user withdrawals remain offline
[May 14, 2024 2:57 AM] While the reason behind the three-hour, system-wide outage remains unknown, some users are still unable to transfer or withdraw their funds from the exchange.
How DLCs Can Enable Defi Deposits and Fulfill Bitcoin’s Promise
[May 14, 2024 2:26 AM] Bitcoin embodies decentralization, security, and self-sovereignty. But today, financial transactions with Bitcoin require the use of custodians or bridges – a reliance on intermediaries that has led to disastrous losses numbering in the…
Stolen Poloniex Ether worth $53M never made it back to the exchange
[May 14, 2024 2:02 AM] The Poloniex hacker moved over 17,800 Ether from six different wallets into a single Tornado Cash address.
Canada’s Tax Agency Targets $40M in Uncollected Crypto Taxes as Trudeau Seeks Major Capital Gains Hike
[May 13, 2024 11:20 PM] Based on a report by the National Post, Canada’s Revenue Agency (CRA) is actively searching for uncollected taxes on cryptocurrencies. The agency estimates that there is nearly $40 million in undeclared taxes related to digital currencies…
Coinbase Faces System Wide Outage, Affirms Funds Are Safe
Report: Russian Authorities Propose Steep Fines for Crypto Miners Operating in Residential Apartments
[May 13, 2024 9:19 PM] Russian authorities have reportedly proposed to impose hefty fines on suspected crypto miners operating from residential properties. Authorities may also consider including amendments to the Code of Administrative Offenses which imposes liability…
Latam Powerhouse Crypto Exchange Bitso Launches Web3 Wallet
[May 13, 2024 7:15 PM] Bitso, the Mexico-based, Latam-focused cryptocurrency exchange, recently launched its own Web3 wallet, targeting the decentralized finance (defi) ecosystem. The idea behind this new product is to ease the onboarding of Bitso’s customers into…
Binance Kazakhstan Secures ISO Certifications for Security and Privacy
[May 13, 2024 6:14 PM] Binance Kazakhstan has been awarded the ISO 27001 and ISO 27701 certifications, marking significant recognition for its robust information security and privacy management systems. These certifications, issued by the British Standards Institution…
Tether CEO and Ripple CEO Clash Over USDT — Brad Garlinghouse Says ‘I Wasn’t Attacking Tether’
Aptos Posts Triple-Digit Gains In Key Metrics, Yet APT Price Struggles At $8.40
[May 13, 2024 4:30 PM] According to a report by Messari, Layer 1 (L1) blockchain Aptos experienced substantial gains in key metrics during the first quarter (Q1) of the year. The growth was driven by the surge in Bitcoin prices to new record highs and increased capital…
Biden Orders Chinese-Backed Crypto Mining Firm to Divest Land Near US Missile Base
[May 13, 2024 4:02 PM] President Joe Biden has issued an order that blocks Mineone Partners Ltd., a Chinese-backed cryptocurrency mining company, from owning land near Wyoming’s Francis E. Warren Air Force Base, which is a strategic missile base. This measure…
Steven Nerayoff Calls out Joseph Lubin for Damaging Crypto Market
[May 13, 2024 3:34 PM] Steven Nerayoff, a former adviser to the Ethereum network, has publicly denounced Joseph Lubin, co-founder of the Ethereum Project and the founder of Consensys, and other “bad actors” for their detrimental actions in the cryptocurrency market. In a…
Middle East-Focused Crypto Exchange, Rain, ‘Likely Exploited’ for $14.8 Million, Says Zachxbt
[May 13, 2024 3:05 PM] The cryptocurrency exchange Rain, which focuses on the Middle East, was likely exploited for $14.8 million on April 29, according to online crypto investigator Zachxbt. Zachxbt says he traced the stolen funds to a bitcoin address with 137.9…