[Feb 13, 2023 11:30 AM] Bakkt Holdings Inc. announced Monday that it will solely focus on business-to-business technology solutions and discontinue its consumer application. The company stated that the app will officially be discontinued on March 16, 2023, and app users…
[Feb 13, 2023 9:30 AM] Brazilians will now be able to pay part of their state taxes using cryptocurrencies. Banco do Brazil, a mixed ownership bank, is launching the option of paying a set of taxes with crypto, using Bitfy, a Brazilian cryptocurrency startup, as a…
[Feb 13, 2023 8:00 AM] On Sunday, Feb. 12, 2023, the domain registrar Namecheap’s email account was compromised by hackers. Subsequently, a large number of individuals received phishing emails claiming to be from Metamask and DHL. These emails originated from the…
[Feb 13, 2023 6:03 AM] According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) regarding alleged violations of investor…
[Feb 13, 2023 3:00 AM] Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking services offered on its platform do not constitute securities. The statements, made in the wake of the $30 million settlement that Kraken, another…
[Feb 12, 2023 11:00 PM] A new study on digital currency-related lawsuits since 2018 shows a 42% increase in crypto lawsuits in 2022. The highest number of claims in a single year was recorded last year, with 41 total claims in the United States. The research also shows…
[Feb 12, 2023 3:00 PM] Since Luxor, a bitcoin mining pool, mined a record-setting 3.96 MB block (#774,628) on the Bitcoin blockchain, block sizes have been larger than they were prior to that block height in the past 12 days. Statistics show that blocks larger than 3 MB…
[Feb 12, 2023 11:00 AM] On Feb. 10, 2023, Republicans Patrick McHenry of North Carolina and Bill Huizenga of Michigan, both members of the U.S. House of Representatives, sent a letter to Securities and Exchange Commission (SEC) chairman Gary Gensler seeking answers about…
[Feb 12, 2023 5:00 AM] South Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The authorities in Seoul say the regime in Pyongyang is using the digital assets to fund its nuclear and missile…
[Feb 12, 2023 3:00 AM] According to a recent mission statement published by the International Monetary Fund (IMF), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use of…
[Feb 11, 2023 1:30 PM] During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators. However, on…
[Feb 11, 2023 11:30 AM] As of Friday, Feb. 10, 2023, the Bitcoin blockchain had seen the addition of more than 50,000 Ordinal inscriptions as the trend has continued to increase daily. People are inscribing text, images, videos, audio, and software applications onto the…
[Feb 11, 2023 5:30 AM] Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing dated Feb. 9, 2023. Ferraro stated in the filing…
[Feb 11, 2023 1:30 AM] JPMorgan, one of the biggest financial institutions in the world, estimates that the arrival of the next Ethereum upgrade, codenamed Shanghai, will bring more investors to stake their funds in the protocol. The firm believes that this number might…
[Feb 10, 2023 2:51 PM] BitNile is relocating more than 6,500 Bitcoin miners as a result of Compute North’s bankruptcy.Ault Alliance, a diversified holding company, announced that its subsidiary, BitNile, is moving 6,572 Bitcoin miners from a hosting facility in Texas to…
[Feb 10, 2023 1:17 PM] With the introduction of Ordinals, Bitcoiners have now inscripted more than 45,000 NFTs directly onto the Bitcoin blockchain.Bitcoin is nearing 50,000 inscriptions on the Bitcoin blockchain. From Bitcoin Punks to audio recordings of farts, the…
[Feb 10, 2023 11:30 AM] Following the recent court filing from liquidators for Three Arrows Capital (3AC) claiming frustration with the 3AC co-founders for allegedly failing to respond to subpoenas sent via Twitter. Su Zhu, one of the co-founders, recently tweeted about…
[Feb 10, 2023 6:30 AM] A Russian national accused of processing cryptocurrency payments from ransomware attacks has pleaded guilty to money laundering in the United States. The man who was extradited from the Netherlands in mid-August, last year, will be sentenced in…
[Feb 9, 2023 10:00 PM] On Thursday, the fiat-to-crypto onramp business Moonpay announced a multi-year partnership with the non-fungible token (NFT) marketplace Looksrare. According to the deal, Looksrare will allow marketplace users to buy and sell crypto assets through…
[Feb 9, 2023 5:30 PM] The bitcoin hardware wallet manufacturer Coinkite has announced the launch of a new product, the Coldcard Q1, which features a QWERTY keyboard and QR code scanner. Coinkite details that the battery-powered device utilizes the same security model as…
[Feb 9, 2023 2:59 PM] The Securities and Exchange Commission (SEC) has charged Kraken with failing to register their crypto asset staking-as-a-service program.The Securities and Exchange Commission (SEC) has charged Payward Ventures, Inc. and Payward Trading Ltd…
[Feb 9, 2023 12:23 PM] According to an announcement on its website, the peer-to-peer Bitcoin platform will be shutting down before the end of February 2023.LocalBitcoins has announced that the exchange will be closed for service by the end of February. The long-time…
[Feb 9, 2023 9:20 AM] The new COLDCARD improves upon the Mk4 by adding a QWERTY keyboard, a big LCD screen, and a QR code scanner.Bitcoin hardware company Coinkite is launching a new higher-end COLDCARD, featuring a full QWERTY keyboard, a larger LCD screen and a QR…
[Feb 9, 2023 9:00 AM] Localbitcoins, the Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after over a decade of service. The company’s operators attribute the shutdown to the “ongoing crypto-winter,” which has left…
[Feb 8, 2023 3:21 PM] The ruling is the latest in a string of court cases that have ended with a decision against Craig Wright.A United Kingdom court has ruled against Craig Wright, indicating that he has no copyright claim over Bitcoin’s code.According to the Tuesday…
[Feb 8, 2023 2:30 PM] Statistics show transfer fees on the Bitcoin network have increased 122% since the end of last month, as the average transaction fee has climbed from $0.767 to $1.704 per transaction. The rise in onchain fees coincides with the new Ordinals digital…
[Feb 8, 2023 1:55 PM] The retreat will bring together key players in the Bitcoin industry and provide attendees with an opportunity to network, discuss Bitcoin and win a BTC bounty.Payments processor Pouch.ph and exchange Coins.ph, two leading players in the…
[Feb 8, 2023 12:30 PM] According to recent court filings, Kyle Davies, co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), has allegedly failed to respond to a subpoena from the firm’s current liquidators, despite it being sent via…
[Feb 7, 2023 11:30 PM] The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for…
[Feb 7, 2023 5:56 PM] The changes are designed to better situate the company for their future endeavors.Stronghold Digital Mining, with WhiteHawk Finance LLC, has announced ratifications to their original credit agreement according to a press release sent to Bitcoin…
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