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Stay informed with timely and objective news content relevant to the crypto industry, published daily by Bitcoin.com News.
The meme coin market is heating up again, with Shiba Inu (SHIB) seeing a 20% price jump since yesterday. Not to be outdone, the Boy’s Club-inspired duo, Brett (BRETT) and Pepe (PEPE), aren’t far behind – racking up some impressive gains of their own. Meme Coin Powerhouse Shiba Inu Rallies Once More SHIB is on […]
https://news.bitcoin.com/shiba-inu-price-rockets-20-brett-and-pepe-also-pumping-time-to-buy-meme-coins/
Tether, the world’s largest stablecoin issuer, reportedly played a crucial role in a joint operation led by Dutch and U.S. law enforcement agencies to dismantle two cryptocurrency exchanges suspected of money laundering. The operation resulted in the seizure of €7 million ($7.8M) in crypto and the freezing of illicit wallets. Tether Works With Law Enforcement […]
https://news.bitcoin.com/tether-helps-dutch-and-us-authorities-seize-7-8m-in-crypto/
Kenyan Deputy President Rigathi Gachagua is urging African leaders to tap into the potential of artificial intelligence (AI) to supercharge their economies. Gachagua highlighted that tech-leading countries are already reaping the rewards of infusing AI into critical sectors like agriculture, health, trade, manufacturing, tourism, and education. Kenya to Establish Digital Hubs Kenyan Deputy President Rigathi […]
https://news.bitcoin.com/kenyan-deputy-president-urges-africa-to-embrace-ai/
Blackrock has announced its backing of a new stablecoin, UStb, launched by Ethena Labs. Supported by Blackrock’s BUIDL fund, UStb is designed to provide a reliable alternative in the stablecoin market, leveraging investments in U.S. dollars, short-term Treasury bills, and repurchase agreements. Ethena Labs has partnered with Securitize to facilitate the launch, aiming to enhance […]
https://news.bitcoin.com/blackrock-joins-race-to-issue-new-stablecoin/
Worldcoin, the biometric identification project, and its parent company, Tools For Humanity (TFH), have been fined by the Personal Information Protection Commission (PIPC), South Korea’s data protection agency, for violating the Personal Information Protection Act. According to local media, Worldcoin did not inform data collection subjects about the collection and use purposes, retention and use […]
https://news.bitcoin.com/worldcoin-and-tools-for-humanity-fined-in-south-korea/
According to a Chainalysis report, the Middle East & North Africa (MENA) region has emerged as a significant player in the global crypto market, ranking seventh globally with $338.7 billion in on-chain value received between July 2023 and June 2024. Türkiye leads the region, driven by high consumer engagement and stablecoin adoption amidst inflation, while […]
https://news.bitcoin.com/menas-crypto-market-soars-with-turkiye-uae-saudi-arabia-and-qatar-leading-the-charge/
President Nayib Bukele highlighted El Salvador’s achievements since his first term, referring to the country’s economic revival and improved personal security before the United Nations General Assembly. Bukele also warned about worsening global conditions, stating that humanity is facing a new dark age and that El Salvador can only serve as a small shelter against […]
https://news.bitcoin.com/bukele-highlights-el-salvadors-rebirth-warns-about-upcoming-new-dark-age-at-united-nations/
Russian President Vladimir Putin has revealed plans for an independent payment system in collaboration with BRICS nations to secure foreign trade transactions. This move reflects a strategic shift aimed at increasing Russia’s and BRICS’s autonomy in global trade amid broader economic changes. Russia Announces Independent Payment System with BRICS for Foreign Trade During the Russian […]
https://news.bitcoin.com/putin-brics-nations-developing-own-payment-and-settlement-system/
Billionaire Mark Cuban says that Vice President Kamala Harris’ team has told him “in no uncertain terms that they are against ‘regulation through litigation.'” He criticized U.S. Securities and Exchange Commission (SEC) Gary Gensler’s regulation by enforcement approach, asserting: “Gary Gensler is a blight on the technology community.” Mark Cuban Slams SEC Chair Over Crypto […]
https://news.bitcoin.com/mark-cuban-kamala-harris-opposes-regulation-through-litigation/
Dydx has announced its integration of the Phantom Wallet, a leading Solana-based non-custodial wallet, into its decentralized finance (defi) platform. This integration aims to simplify access for over 7 million Phantom users, aligning with Dydx’s goal to broaden participation in decentralized trading. Phantom Wallet Is Now on Dydx, Enhancing User Access The new integration allows […]
https://news.bitcoin.com/phantom-wallet-joins-dydx-easing-access-for-7-million-users/
Analysts from the Kobeissi Letter, a global capital markets commentary, have assessed that the behavior of silver, which is experiencing a larger bull market than gold, may forecast a significant upcoming macroeconomic crisis. According to Kobeissi, silver and gold could anticipate a similar inflation curve to the one observed in the 1970s. Silver Bull Run […]
https://news.bitcoin.com/analysts-link-silver-bull-market-to-upcoming-macroeconomic-crisis/
Bitdeer Technologies Group has successfully completed prototype testing for its SEAL02 bitcoin mining chip, marking a pivotal advancement in the company’s technological development. The chip exhibited a power efficiency ratio of 13.5 joules per terahash (J/T) when operated in low-voltage mode, a key achievement in Bitdeer’s roadmap. Bitdeer’s SEAL02 Chip Achieves 13.5 J/T Efficiency in […]
https://news.bitcoin.com/bitdeer-completes-testing-of-seal02-bitcoin-mining-chip/
U.S. spot bitcoin ETFs enjoyed another day of inflows, bringing in $105.84 million, while spot ether funds also added $43.23 million. Blackrock’s IBIT Leads Bitcoin ETFs, While Grayscale’s Mini Ether Trust Gains the Most Ether Inflows Wednesday marked another active trading session for the 12 spot bitcoin ETFs and the nine spot ether ETFs. The […]
https://news.bitcoin.com/spot-bitcoin-etfs-add-105m-as-ether-etfs-pull-in-43m-on-busy-trading-day/
According to recent market data, the freshly minted hamster kombat (HMSTR) token has made its debut on several top-tier exchanges, only to tumble 30% in value within the last 24 hours. Hamster Kombat Token Drops 30% Amid First Day of Major Trading The token, tied to the blockchain game Hamster Kombat on the TON network […]
https://news.bitcoin.com/hamster-kombats-wild-start-hmstrs-30-drop-rocks-market-debut/
Vice President Kamala Harris’s remarks on fostering technologies like artificial intelligence (AI) and blockchain have sparked plenty of chatter in the crypto community. While some see her words as encouraging and forward-thinking, others believe Harris is merely pandering and looking to gain political support. VP Harris Faces Skepticism Over Blockchain Statement Amid Ongoing Crypto Crackdown […]
https://news.bitcoin.com/kamala-harriss-blockchain-comment-sparks-mixed-reactions-in-crypto-community/
It’s been 48 days since Bitgo revealed its partnership with Bit Global on Aug. 9, 2024. Since that announcement, the supply of wrapped bitcoin (WBTC) held on Aave V3 has soared to a new peak. Meanwhile, cbBTC, the bitcoin derivative token from Coinbase, has hit a market cap of $247.8 million. Bitcoin Derivative Landscape Shifts […]
https://news.bitcoin.com/wbtc-hits-new-high-on-aave-coinbases-wrapped-bitcoin-supply-soars/
Roman Storm, a software developer of Tornado Cash, is headed to trial after a New York judge ruled against his motion to dismiss criminal charges. District Judge Katherine Polk Failla rejected Storm’s request to drop charges tied to money laundering and sanctions violations. Russian co-defendant Roman Semenov remains elusive and on the run, evading capture […]
https://news.bitcoin.com/ny-judge-denies-tornado-cash-developers-motion-to-dismiss-trial-set-for-december/
USDT’s anticipated integration into the Lightning Network has been a topic of discussion among crypto enthusiasts for years. Despite the evident advantages Lightning offers—such as instant, low-cost transactions—USDT’s transition to this layer has been over and again stalled. In 2019, Paolo Ardoino, who was then Tether’s CTO (he is now the company’s CEO), had assured […]
https://news.bitcoin.com/speed-wallet-launches-usdt-on-lightning-to-compete-with-ethereum-tron-and-solana/
Dubai’s Virtual Assets Regulatory Authority (VARA) has implemented stricter regulations for crypto companies to enhance investor protection and ensure transparency. The new rules require firms to include risk warnings in marketing materials, obtain necessary licenses, and adhere to compliance standards. These measures aim to inform investors about the risks and volatility of cryptocurrencies, while fostering […]
https://news.bitcoin.com/dubai-regulator-increases-scrutiny-on-crypto-companies/
PRESS RELEASE. Geneva, Switzerland – September 27, 2024 – TRON DAO united with the global blockchain community as a Title Sponsor at TOKEN2049 Singapore, the world’s largest Web3 conference, held at the Marina Bay Sands. At the conference, Dave Uhryniak, Community Spokesperson at the TRON DAO, delivered an insightful keynote emphasizing TRON’s commitment to strengthening […]
https://news.bitcoin.com/tron-dao-unites-with-global-community-at-token2049-singapore/
Two Russian nationals have been charged with running a massive money laundering network that processed billions through cryptocurrency exchanges, the U.S. Department of Justice (DOJ) announced. These exchanges, including Cryptex and Joker’s Stash, enabled criminals to bypass regulations and funnel funds from fraud, ransomware, and darknet activities. U.S. authorities, in collaboration with international law enforcement, […]
https://news.bitcoin.com/us-authorities-bust-billion-dollar-crypto-laundering-network-charge-2-russians/
Turkey has decided not to move forward with a new tax targeting stock market and cryptocurrency gains, according to Vice President Cevdet Yilmaz. While previously discussed, the plan has been dropped, with the government focusing instead on reducing tax exemptions. This shift follows concerns about the stock market and broader efforts to stabilize the economy […]
https://news.bitcoin.com/turkey-scraps-planned-crypto-tax-targets-economic-reforms/
Paypal has unveiled a new feature allowing U.S. merchants to buy, hold, and sell cryptocurrency from their business accounts. Although not yet available in New York, this move caters to increasing demand from businesses. Paypal has steadily ramped up its involvement in digital currencies, including the launch of Paypal USD (PYUSD) and its integration with […]
https://news.bitcoin.com/paypal-rolls-out-crypto-features-for-business-accounts/
BNY Mellon, one of the world’s largest custodian banks, is seeking to offer custody services for bitcoin and ether to exchange-traded product (ETP) clients. The bank is also eyeing large-scale growth in the crypto space, with plans to seek more regulatory approvals to capitalize on the lucrative crypto custody market. BNY Mellon Pushes Forward With […]
https://news.bitcoin.com/bny-mellon-engages-with-banking-regulators-to-offer-crypto-custody-services-at-scale/
Hut 8 Corp. has officially launched its GPU-as-a-service vertical, marking a significant step in the company’s diversification efforts. The deployment includes 1,000 Nvidia H100 graphics processing units (GPUs), hosted in a Chicago-based tier-three data center, for an artificial intelligence (AI) cloud developer. Hut 8 Deploys 1,000 Nvidia GPUs The new GPU cluster, designed and configured […]
https://news.bitcoin.com/hut-8-launches-gpu-as-a-service-vertical-deploys-1000-nvidia-gpus/
Crypto.com has introduced a new artificial intelligence (AI) tool designed to aid developers in integrating natural language capabilities with blockchain functions. The new software development kit (SDK) aims to streamline development within the Web3 ecosystem by enabling easier interactions with Crypto.com’s services and blockchain protocols. AI Meets Blockchain: Crypto.com’s Latest Tool for Developers According to […]
https://news.bitcoin.com/crypto-com-unveils-ai-powered-sdk-for-blockchain-developers/
PRESS RELEASE. Valletta, Malta, 26/09/2024 – With the rapid growth of cryptocurrency, PandaCasino is positioning itself as a leader in the online gaming industry. Offering a host of benefits over traditional casinos, PandaCasino combines innovative technology, fast transactions, enhanced privacy, and a commitment to fairness that puts it ahead of other crypto casinos. Players at […]
https://news.bitcoin.com/rolling-the-dice-on-the-future-pandacasino-leads-the-charge-in-crypto-gaming/
At 11:40 a.m. EDT on Thursday, bitcoin (BTC) surpassed the $65,000 mark. After the latest climb, the current trading price per BTC stands at $65,430 per coin. Bitcoin Peaks Above $65K Bitcoin (BTC) has enjoyed a rise today, reaching $65,499 during the morning trading hours. Of the day’s total crypto trade volume of $95.27 billion, […]
https://news.bitcoin.com/bitcoin-reaches-65k-market-braces-for-major-options-expiry/
Meme coins – they’re the wildcards of the crypto market. As we prepare to enter October, everyone’s buzzing about which of these coins could be the next big thing. And analysts have their eyes on a few standout contenders: Popcat, Floki, and Crypto All-Stars. Solana Meme Coin POPCAT Continues Impressing Investors Solana-based meme coin Popcat […]
https://news.bitcoin.com/crypto-analysts-say-these-are-the-best-meme-coins-to-buy-for-october-popcat-floki-crypto-all-stars/
Indian crypto exchange Wazirx has secured a four-month moratorium granted by a Singapore court, providing time for the company to address its financial obligations while crafting a resolution plan. Wazirx explained that as part of the court’s conditions, it will “make wallet addresses public via a court affidavit, respond to user queries raised in the […]
https://news.bitcoin.com/wazirx-granted-4-month-moratorium-will-make-wallet-addresses-public/