Latest news — Page 779

The LFC almost depleted its Bitcoin reserves to unsuccessfully defend the UST.

The development is seen as a step toward the legitimacy of cryptos such as Bitcoin (BTC) and Ethereum (ETH) and could promote further adoption in Nigeria, one of the leading countries for digital currency adoption.

The value investor said that he hasn’t heard a good argument about why you wouldn’t put 1 percent of your liquid net worth in Bitcoin.

PUBLISH has partnered with JTBC (Joongang Tongyang Broadcasting Company), one of the largest South Korean cable television networks owned by the media conglomerate JoongAng Group.

In a recent announcement, Binance said that spot trading for LUNA/BUSD and UST/BUSD trading pairs has resumed on 2022-05-13 at 14:00 (UTC).

Major cryptocurrencies have recovered with Bitcoin (BTC) trading at $30,492.40, up 9.24 percent for the past 24 hours while Ether is up 8.97 percent to $2,075.13.

The historic debut of the ETF was met with a lukewarm reception from Australian investors as their launch coincided with the market decline that sent Bitcoin dropping to as low as $26,292 and Ether to as low as $1.792…

On Wednesday, Ether whales made a total of 2,956 transactions with a value of over $1 million while Bitcoin whales also made the largest one-day transfer of BTC to exchanges on the same day.

Coinbase's CEO sees the current crypto market decline as an opportunity for the company to better position itself for the next growth cycle.

Instagram's pilot will initially support NFTs minted on the Ethereum and Polygon networks but support for Solana and Flow-based NFTs will be coming soon.

With its recent purchase, El Salvador’s Bitcoin reserve rose to 2,301 BTCs, worth around $73.4 million at current prices.

The last time Bitcoin fell below $30,000 was on July 20, 2021, when BTC traded at $29,301.

According to the SEC, Nvidia failed to disclose that demand from the crypto mining sector was a significant element for the spike in the sales of its gaming graphics processing units (GPUs) during consecutive quarters…

The central bank’s recognition of Qredo as a registered Bitcoin services provider will also allow the firm to start offering BTC custodian services, wallets, payment services and act as a crypto exchange.

The crypto exchange is now listed as a Digital Asset Service Provider (DASP) by the Autorité des marchés financiers (AMF), allowing the company to start offering its trading and custody services for Bitcoin and other …

LGT Bank’s BTC and ETH investment services will initially be available to selected client groups of LGT Bank, Liechtenstein.

Using Bitcoin and other cryptos as collateral is common in decentralized finance protocols but traditional finance has been hesitant to join the bandwagon until now as crypto is viewed as too risky and volatile to be …

The Wikimedia Foundation (WMF) is among the first organizations that started accepting crypto donations as it started accepting Bitcoin (BTC), Bitcoin Cash (BCH), and Ether (ETH) in 2014.

Binance reportedly blocked the crypto accounts of Elizaveta Peskova, the daughter of President Vladimir Putin’s spokesman Dmitry Peskov as well as Polina Kovaleva, the stepdaughter of foreign minister Sergei Lavrov.

The bill treats crypto assets as foreign-source income, which means that crypto earnings won’t be subject to capital gains taxes based on Panama's territorial taxation system.

The country legalized cryptocurrencies and made Bitcoin legal tender alongside the existing CFA franc.

Global banking giant Goldman Sachs just set a major milestone by granting a credit facility backed by crypto, the first of its kind granted by the Wall Street financial institution.

Riot announced that development has started for its large-scale, 1-gigawatt facility located in Navarro County, Texas, which will expand the crypto miner’s Bitcoin mining and hosting capabilities.

The HKMA warned stablecoins could enable easier capital flight in a financial crisis undermining a central bank’s control over the economy or undermine payment integrity due to financial or operational failures.

Huobi Global is a large cryptocurrency exchange launched in China in 2013. It proved its solid security capability of '9 years of no accident' while providing users in 130 countries with more than 400 cryptocurrencies…

The license for crypto service providers will be valid for a year and will be granted to both national and foreign firms and individuals.

Eighty-eight percent of institutional respondents and 75 percent of retail investors believe that crypto could attain mainstream adoption within 10 years.

The Bitcoin bill was first proposed in 2015 by Federal Deputy Aureo Ribeiro.

Fidelity’s new product would still allow employees to gain exposure to Bitcoin without having to open a separate account on an exchange.

The Middle East is one of the fastest-growing crypto markets in the world and now accounts for up to 7 percent of global trading volumes.

The bank pointed out that the recently announced partnership between payments company Strike with points-of-sales supplier NCR and payments firm Blackhawk Network would soon allow a large number of U.S. stores and res…

U.S.-based crypto exchange Coinbase is moving ahead with its international expansion plans. The company is reportedly set on acquiring Turkey’s largest crypto platform BtcTurk.

The Korea Fair Trade Commission (KFTC), is considering classifying Dunamu, the operator of crypto exchange Upbit, as a “large business,” which could put the company under increased scrutiny and tougher regulations by …

By 2023, a research team projects U.S. digital currency owners to rise by 10.6 percent to 37.2 million, which means that 14 percent of Americans will own some type of crypto next year.

Some estimate that the new crypto ETF could attract as much as $1 billion in investments.

Minister Darragh O’Brien is proposing to amend a 2022 Electoral Reform Bill to include a ban on crypto donations to political parties citing fears of Russian interference in Ireland’s elections.

Mexico, the Caribbean island Roatán, which is part of Honduras, as well as Madeira, an autonomous region of Portugal, are proposing to adopt Bitcoin (BTC) as legal tender.

Crypto theft could happen if users enabled iCloud backup for app data on their devices.

The greenback is unlikely to be threatened even as central banks worldwide continue diversifying their reserves.

Meanwhile, many payment processor partners have distanced themselves from crypto exchanges.