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Stay informed with timely and objective news content relevant to the crypto industry, published daily by Bitcoin.com News.
The Hong Kong Monetary Authority has launched a sandbox to test the use of tokenized assets in real-world scenarios. The sandbox aims to promote interbank settlement using tokenized currency and central bank digital currencies. The HKMA will collaborate with other regulators and industry players to support the development of Hong Kong’s tokenization market. Testing Tokenized […]
https://news.bitcoin.com/hong-kong-regulator-launches-sandbox-to-test-tokenized-asset-transactions/
Decideai, a Web3 company focused on creating artificial intelligence (AI)-based large language models (LLMs), has deployed its GPT-2 LLM fully onchain via the Internet Computer (ICP) blockchain. This development leverages ICP’s capabilities to support complex, compute-intensive applications, allowing Web3 developers to build, train, and improve specialized LLMs. The project aims to enhance AI training and […]
https://news.bitcoin.com/fully-onchain-ai-model-deployed-on-internet-computer-icp-blockchain/
A Missouri man, Daniel Rhyne, was arrested for attempting to extort his former employer, a New Jersey-based industrial company. Rhyne, a former core infrastructure engineer for the company, allegedly sent an extortion email on Nov. 25, 2023, claiming to have locked out or deleted the company’s IT administrators from its computer network and deleted server […]
https://news.bitcoin.com/missouri-man-arrested-for-extorting-former-employer-with-bitcoin-ransom/
Justin Bons, founder and CIO of Cybercapital, a Europe-based cryptocurrency fund, has warned about the effect that the rise of Ethereum L2s is having on the main chain. Bons stated that the activity that Ethereum should be experiencing is happening on L2s, and that is bringing fragmentation and more inflation to the ETH ecosystem. Cybercapital […]
https://news.bitcoin.com/cybercapital-founder-justin-bons-l2s-are-parasitic-to-ethereum/
A coalition of Nigerian civil society organizations has applauded the plan by Zacch Adedeji, head of the Federal Inland Revenue Service, to include cryptocurrencies in the tax system. The CSOs believe this move will boost confidence in the crypto market and attract foreign investors. The CSOs believe a regulatory framework specifically designed for cryptocurrency trading […]
https://news.bitcoin.com/nigerian-civil-society-groups-praise-crypto-tax-proposal/
Crypto exchange Coinbase supports the Australian government’s Scams Awareness Week, emphasizing the importance of consumer education to combat fraud. Coinbase APAC’s managing director offered tips for investors to protect themselves from scams, such as verifying URLs and using two-factor authentication. “Unfortunately, bad actors have been around for centuries and are not going away anytime soon,” […]
https://news.bitcoin.com/coinbase-shares-tips-to-protect-from-crypto-scams/
Telegram founder Pavel Durov was reportedly scheduled to dine with French President Emmanuel Macron on the day he was arrested, sparking controversy. French authorities detained Durov, and reports indicate that he had informed them about the planned meeting. The allegations led to a political backlash, with accusations against Macron for stifling free speech. Did Macron […]
https://news.bitcoin.com/outrage-grows-over-macrons-alleged-dinner-invite-luring-durov-to-france-on-arrest-day/
Telegram’s founder and CEO, Pavel Durov, is still in hot water in France, facing multiple criminal charges linked to activities on his messaging platform. The French court reportedly set his bail at €5 million, and he’s now prohibited from leaving the country. French Authorities Charge Telegram CEO Durov After Durov was taken into custody last […]
https://news.bitcoin.com/france-charges-telegrams-pavel-durov-sets-bail-at-e5-million/
Crypto trading platform Crypto.com has integrated Paypal as a payment method for U.S. users to buy cryptocurrencies, enabling transfers between Paypal and Crypto.com wallets. “Further integrating traditional and digital payment capabilities is critical to the continued mainstreaming of cryptocurrencies,” said Crypto.com’s president. Crypto.com Integrates Paypal for Crypto Purchases Cryptocurrency trading platform Crypto.com announced on Wednesday […]
https://news.bitcoin.com/crypto-com-adds-paypal-as-payment-option-in-us-for-crypto-purchases/
The New Zealand government has introduced a bill to implement the OECD’s Crypto Asset Reporting Framework (CARF). This framework aims to increase transparency in the crypto asset market. Effective April 1, 2026, New Zealand-based crypto-asset service providers (CASPs) must collect and report information on reportable users’ transactions. Penalties are proposed for non-compliance by CASPs and […]
https://news.bitcoin.com/new-zealand-seeks-to-adopt-oecds-crypto-asset-reporting-framework/
The crypto market is heating up as PlayDoge (PLAY) nears the end of its presale. This new meme coin has raised over $6.3 million and is attracting investors’ attention with its Play-to-Earn (P2E) angle. With just one day left to participate in the presale, investors are jumping at the chance to buy PLAY tokens while […]
https://news.bitcoin.com/new-crypto-launch-to-watch-playdoge-goes-live-tomorrow-last-chance-to-invest/
On Tuesday, spot bitcoin exchange-traded funds (ETFs) experienced their first outflows after an eight-day run of inflows. The group of funds saw $127.05 million withdrawn, with ARKB taking the brunt of the losses, shedding $101.97 million. Ether ETFs also saw declines, though their losses were less significant compared to their bitcoin counterparts. $127M Withdrawn From […]
https://news.bitcoin.com/arkb-divests-101m-amid-127m-outflow-from-bitcoin-etfs/
Indian crypto exchange Wazirx has announced that a moratorium has been filed in Singapore’s High Court under the Insolvency, Restructuring and Dissolution Act to address users’ crypto balances. The move aims to provide a 30-day relief period for Wazirx to reorganize liabilities through a scheme of arrangement. The Singapore court will determine the duration of […]
https://news.bitcoin.com/wazirx-files-for-moratorium-in-singapore-court-to-address-users-crypto-balances/
Ignition Casino is taking the online poker world by storm. It offers an impressive lineup of tournaments that cater to players of all skill levels and bankrolls. With the potential for big prize money and a wide variety of games, Ignition Casino is becoming a top destination for poker enthusiasts looking for exciting competition and […]
https://news.bitcoin.com/ignition-casino-is-offering-poker-tournaments-with-big-prize-money-and-cryptocurrencies/
Bitcoin.com, a leader in the cryptocurrency space since 2015, has once again raised the bar by launching an innovative Web3 game in collaboration with Playnance, a Web3 game developer founded in 2020. The new offering, called “Bitcoin Up or Down,” allows users to predict Bitcoin price movements and earn rewards. Players choose to join the […]
https://news.bitcoin.com/bitcoin-com-introduces-permissionless-bitcoin-price-prediction-game-in-partnership-with-playnance/
B2BROKER, a developer of the advanced copy trading platform B2COPY, has recently integrated its B2COPY platform with Spotware’s cTrader, the premium and first Open Trading Platform™. This integration enables cTrader’s brokers and traders to leverage both the platform’s and B2COPY’s innovative features for an elevated and more effective copy trading experience. B2COPY for cTrader: Expanding […]
https://news.bitcoin.com/b2brokers-b2copy-fully-integrates-with-spotwares-ctrader/
The Bitcoin Lightning Network’s Stacks protocol has completed its Nakamoto upgrade, finalizing a series of enhancements that began in April 2024. This latest phase, delivered on August 28, 2024, introduces stronger transaction finality guarantees, reduces miner extractable value (MEV) opportunities, and improves network resilience. Additionally, the upgrade prepares the network for the introduction of sbtc, […]
https://news.bitcoin.com/lightning-network-protocol-stacks-completes-nakamoto-upgrade-with-defi-features/
Bitfarms Ltd., a bitcoin mining company, announced on Tuesday that it has taken control of its new data center in Sharon, Pennsylvania. “This site represents Bitfarms’ first mega-site in the U.S. with access to up to 120 MW,” the company said. Located in the Pennsylvania-New Jersey-Maryland (PJM) grid, the site offers low-cost, flexible power ideal […]
https://news.bitcoin.com/bitfarms-takes-control-of-its-first-us-mega-site-to-expand-bitcoin-mining-capacity/
Solayer has raised $12 million in a funding round led by Polychain Capital to advance its integrated restaking network on the Solana blockchain. The initiative aims to address Solana’s scalability and transaction inclusion challenges by leveraging a novel approach to staking and network bandwidth optimization. Solana Restaking Project Solayer Attracts $12 Million Investment According to […]
https://news.bitcoin.com/solayer-secures-12-million-to-enhance-solanas-restaking-capabilities/
The U.S. Department of State and the Republic of Korea’s Ministry of Foreign Affairs co-hosted a symposium in New York City on Tuesday, focusing on protecting the virtual asset industry from exploitation by North Korea (DPRK) and disrupting its revenue generation. The event aimed to curb DPRK’s efforts to fund its weapons of mass destruction […]
https://news.bitcoin.com/40-nations-join-us-and-south-korea-in-combating-north-korean-crypto-crimes/
Former U.S. President Donald Trump has released a fourth series of non-fungible token (NFT) digital trading cards. The collection includes 50 unique cards, featuring images such as Trump holding bitcoin. Collectors may receive a physical trading card containing a piece of a suit worn during the presidential debate with Joe Biden and could be invited […]
https://news.bitcoin.com/donald-trump-launches-4th-nft-collection-featuring-him-holding-bitcoin-says-they-call-me-crypto-president/
The U.S. Securities and Exchange Commission (SEC) has issued a Wells notice to Opensea, signaling potential enforcement action against the NFT marketplace. Opensea’s CEO criticized the SEC’s move, claiming it could negatively impact innovation and creators’ livelihoods. The platform is prepared to contest the action and has committed $5 million to support NFT creators facing […]
https://news.bitcoin.com/sec-issues-wells-notice-to-opensea-alleging-nfts-on-the-marketplace-are-securities/
Binance CEO Richard Teng has said that Tigran Gambaryan, a former U.S. federal agent working for Binance, has been unjustly detained in Nigeria for six months. Teng reiterated claims that Gambaryan’s physical and mental health has deteriorated significantly while in detention. The CEO criticized the Nigerian government’s justification for detaining Tigran as baseless. He also […]
https://news.bitcoin.com/binance-ceo-calls-nigerias-detention-of-tigran-gambaryan-unjust/
Coinflip has officially launched its cryptocurrency ATMs across Mexico, marking a significant expansion in its services. The introduction of these digital currency kiosks is set to enhance access to cryptocurrencies for users in the region.
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Coinflip has officially launched its digital currency kiosks, otherwise known as automated teller machines (ATMs), in Mexico, marking its second expansion in North America. The latest expansion follows the company’s entry into the Canadian market in 2022. Coinflip Introduces Digital Currency Kiosks in Mexico Coinflip, a U.S.-based digital currency platform, has introduced its crypto ATM […]
https://news.bitcoin.com/coinflip-expands-cryptocurrency-atm-services-to-mexico/
A recent report from Cryptoquant reveals that comments by Federal Reserve Chairman Jerome Powell sparked a surge in U.S. bitcoin demand last week, though overall global demand remains weak. The report highlights the mixed signals in the market following the Fed’s announcement. Analysis Says Weak Global Bitcoin Demand Persists Cryptoquant‘s report details how bitcoin’s price […]
https://news.bitcoin.com/cryptoquant-report-reveals-faltering-global-bitcoin-demand-despite-recent-spike/
Logos is a fully decentralized, privacy-preserving, and politically neutral technology stack that provides the necessary support for self-sovereign virtual territories. The stack includes three modular, blockchain-based protocols: Nomos (consensus), Codex (storage), and Waku (messaging). Combined, they provide the technical foundation for cyber states, parallel societies, network states, or any borderless public institution based on voluntary […]
https://news.bitcoin.com/how-logos-is-onboarding-early-supporters-onto-its-network-state-technology-stack-with-a-bitcoin-ordinals-collection/
Swedish public company Hilbert Group’s asset management division has partnered with Xapo Bank to launch a bitcoin-denominated hedge fund in September. The fund is expected to attract over $200 million in initial investments from Xapo Bank and other investors this year. Hilbert Group Partners With Xapo Bank to Launch Bitcoin Hedge Fund Hilbert Group AB, […]
https://news.bitcoin.com/hilbert-capital-and-xapo-bank-collaborate-to-launch-bitcoin-hedge-fund/
The Washington State Department of Financial Institutions (DFI) issued a consumer alert on Tuesday, stating that it has received a complaint regarding possible fraudulent activities by a cryptocurrency trading platform named BIB. An investor reported that after transferring 20,000 USDT to BIB following advice from individuals named Austin Johnson and Cindy Turner, he was unable […]
https://news.bitcoin.com/washington-state-regulator-warns-of-potential-fraud-by-bib-crypto-platform/
JPMorgan strategist Nikolaos Panigirtzoglou has discussed recent changes in the U.S. M2 money supply, noting a temporary rebound following a decline in April. He expects U.S. liquidity to contract again, similar to 2022, influenced by the Fed’s ongoing quantitative tightening (QT) and slower bank loan growth. JPMorgan Strategist Foresees U.S. Liquidity Contraction Ahead Nikolaos Panigirtzoglou, […]
https://news.bitcoin.com/jpmorgan-strategist-predicts-us-liquidity-to-contract-as-temporary-boosts-fade/