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Stay informed with timely and objective news content relevant to the crypto industry, published daily by Bitcoin.com News.
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/
The U.S. Securities and Exchange Commission (SEC) has frozen the assets of Jonathan and Tanner Adam, alleging they ran a $60 million Ponzi scheme under the guise of a crypto trading bot. Over 80 investors were defrauded by promises of high returns, while the funds were allegedly used for personal luxuries. The SEC seeks injunctions, […]
https://news.bitcoin.com/sec-freezes-assets-of-crypto-trading-bot-operators-in-alleged-ponzi-scheme/
Nasdaq has filed with the U.S. Securities and Exchange Commission (SEC) to list and trade Bitcoin Index Options. The company aims to provide new tools for institutional and retail investors to manage cryptocurrency investments. The options, pending regulatory approval, will offer European-style exercise and cash settlement features. Nasdaq Seeks to Launch Bitcoin Index Options Nasdaq […]
https://news.bitcoin.com/nasdaq-seeks-sec-approval-to-launch-bitcoin-index-options/
The United Arab Emirates (UAE) has requested consular services for Telegram CEO Pavel Durov following his arrest in Paris for alleged cybercrimes. France is investigating Durov for enabling illegal activities through Telegram. Russia has similarly sought to protect Durov’s rights, but France has been described as uncooperative. Telegram denies any wrongdoing, defending its moderation practices […]
https://news.bitcoin.com/uae-requests-france-to-provide-immediate-consular-support-for-telegram-ceo-pavel-durov/
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/
Mi Primer Bitcoin, an educational bitcoin nonprofit organization founded in El Salvador, risks running out of funds by September according to statements from its founder John Dennehy. Dennehy declared that while they expect to receive multiple grants by the end of the year, they need additional funds to reach that period. He assessed that this […]
https://news.bitcoin.com/salvadoran-educational-nonprofit-mi-primer-bitcoin-risks-running-out-of-funds/
Coinbase CEO Brian Armstrong reflects on the past decade of the cryptocurrency industry, highlighting his initial expectation that payments would be the primary application for crypto. Instead, trading became the dominant force. Looking ahead, Armstrong remains optimistic about the future of crypto payments, citing advancements in stablecoins, layer two technologies, and simpler onboarding processes as […]
https://news.bitcoin.com/coinbase-ceo-brian-armstrong-predicts-payments-will-be-cryptos-next-big-boom/
Financial comparison platform Finder has updated its XRP price prediction for 2024 based on input from a panel of fintech experts. The panel’s average prediction for XRP is $0.66 this year, with the forecast suggesting it could rise to $1.05 by the end of 2025 and reach $2.49 by 2030, driven by its role in […]
https://news.bitcoin.com/finders-experts-forecast-potential-surge-in-xrp-price/
Space and Time (SxT) Labs has announced the completion of a $20 million Series A funding round, led by Framework Ventures and supported by several prominent investors. SxT Labs disclosed that the funding aims to accelerate the company’s development of tools that bridge the gap between artificial intelligence (AI) and blockchain technology. Space and Time […]
https://news.bitcoin.com/space-and-time-secures-20-million-in-series-a-funding-to-enhance-ai-and-blockchain/