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Stay informed with timely and objective news content relevant to the crypto industry, published daily by Bitcoin.com News.
Crypto exchange Binance has responded to accusations from Wazirx and Zettai about how its dispute with Wazirx affects user funds lost in the July cyberattack. The company insists that responsibility for the incident lies with Wazirx’s management under Zanmai and Zettai, not Binance. Rejecting claims from co-founder Nischal Shetty, Binance maintains it “bears no responsibility […]
https://news.bitcoin.com/binance-rejects-wazirxs-claims-denies-responsibility-for-hack-consequences/
President Nayib Bukele revealed that he would present a self-financed budget proposal to the Legislative Assembly of El Salvador, meaning that the government will not issue debt to pay for its operations in 2025. Bukele stressed that this would be the first time this happened in decades, highlighting the relevance of independence and self-sufficiency for […]
https://news.bitcoin.com/bukele-states-el-salvador-will-self-finance-2025-budget-wont-issue-even-a-cent-of-debt/
Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for federal funds. While BTC posted a 5% gain, stock markets exhibited mixed signals, hovering near previous highs, and gold dipped more than half a percent that day. Bitcoin […]
https://news.bitcoin.com/markets-await-fed-decision-bitcoin-spikes-gold-drops-stocks-wobble/
According to the latest crypto exchange-traded fund (ETF) data, spot bitcoin ETFs snagged $12.9 million in gains on Monday, while spot ethereum ETFs faced a $9.51 million loss. Bitcoin ETFs Continue to Grow, While Ethereum Funds Lose Ground Leading the charge among the 12 bitcoin funds was Blackrock‘s IBIT, which pulled in $15.82 million in […]
https://news.bitcoin.com/bitcoin-etfs-rise-with-12-9m-gains-while-ether-etfs-struggle/
After former President Donald Trump and his family introduced World Liberty Financial (WLF) during an X Spaces interview, meme coins inspired by Trump have enjoyed a notable rise in value over the past 24 hours when compared to the U.S. dollar. Political Meme Coins Surge After Trump Slams Kamala Harris, Praises Crypto On Tuesday, Sept. […]
https://news.bitcoin.com/trump-themed-meme-coins-spike-following-former-presidents-x-interview/
According to the latest figures, over the past 38 days, starting from Aug. 10, 2024, the total value locked in decentralized finance (defi) protocols has slipped by $5.07 billion. Despite this decrease, ethereum continues to pour into liquid staking derivative (LSD) platforms, with 29 distinct LSDs pulling in nearly $1 billion worth of ether during […]
https://news.bitcoin.com/liquid-staking-absorbs-400000-eth-closing-in-on-14m-mark/
Former U.S. President Donald Trump has led the launch of World Liberty Financial, a new cryptocurrency venture, raising concerns about potential conflicts of interest. The project, featuring the WLFI token, allocates 20% to the founding team, including the Trump family, and 63% for public sale. Despite heavy promotion, its purpose remains unclear. A leaked draft […]
https://news.bitcoin.com/trumps-world-liberty-financial-crypto-venture-reveals-wlfi-token-structure/
Bitcoin.com, a pioneer in the cryptocurrency space since 2015, today announced an exclusive partnership with MoonPay to power payments for the platform’s 50+ million wallets. The agreement guarantees MoonPay as the only payments provider facilitating the buying and selling of Bitcoin and other crypto on Bitcoin.com’s website and in the Bitcoin.com Mobile Wallet app. This […]
https://news.bitcoin.com/bitcoin-com-selects-moonpay-as-exclusive-payments-partner/
Capstone Technology, a UAE-based blockchain and AI company has raised $5.45 million to fund the development of its GAYA blockchain project. The project aims to create a network for entrepreneurs in gaming, AI, and entertainment. Capstone Technology plans to use the funds to manage technological assets, develop Web3 applications, expand regionally and improve its platform. […]
https://news.bitcoin.com/capstone-technology-gets-5-4m-for-gaya-blockchain-project/
PRESS RELEASE. Dubai, UAE – September 17, 2024 – TaskBunny is excited to announce its official launch and introduce a game-changing feature, the Proof of Post. The company proudly presents the world’s first meme token with tangible utility. It has been designed to promote viral engagement and reward community involvement. TaskBunny is ready to modify […]
https://news.bitcoin.com/taskbunny-releases-its-meme-token-with-real-utility-and-unstoppable-viral-power/
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we discuss how Brazil is becoming an example of how states should enforce crypto compliance by battling tax evasion and pursuing money laundering groups instead of targeting crypto innovators. Latam Insights Encore: […]
https://news.bitcoin.com/latam-insights-encore-brazil-shows-how-states-should-keep-an-eye-on-crypto-usage-for-nefarious-purposes/
UN Secretary-General António Guterres warned that unregulated artificial intelligence (AI) poses a risk to democratic systems, exacerbating disinformation and gender inequality. He urged countries to establish AI governance guidelines and promote responsible use. Guterres noted AI’s potential benefits, including enhanced public participation and equality, but emphasized the need for international cooperation to mitigate risks. UN […]
https://news.bitcoin.com/un-chief-unregulated-ai-threatens-democratic-systems/
BRICS’ new payment platforms, which offer alternatives to the U.S. dollar and euro, are attracting global attention, according to Russian Foreign Minister Sergey Lavrov. These systems enable countries to conduct economic activities without relying on currencies used as political tools by Western powers. The Russian official noted increasing interest in these platforms as a way […]
https://news.bitcoin.com/brics-payment-platforms-gain-momentum-as-us-dollar-alternatives-says-russian-official/
Global investment bank UBS predicts continued pressure on the U.S. dollar and further gold price increases. “We expect the U.S. dollar to stay under pressure as yield differentials narrow,” UBS explained, adding: “Gold’s rally has further to run.” UBS highlighted that gold has gained over 24% this year, driven by increased investment demand, and expects […]
https://news.bitcoin.com/ubs-expects-higher-gold-prices-as-us-dollar-weakens-golds-rally-has-further-to-run/
BOB (Build on Bitcoin), a hybrid layer two (L2) solution integrating Bitcoin and Ethereum, has launched BOB Stake, a new one-click bitcoin staking product. The platform allows users to stake bitcoin (BTC) and utilize Liquid Staking Tokens (LSTs) across decentralized finance (defi) applications. BOB Introduces One-Click Bitcoin Staking Portal and SDK According to the announcement […]
https://news.bitcoin.com/bitcoin-l2-bob-launches-one-click-btc-staking-solution/
The U.S. Securities and Exchange Commission (SEC) has cracked down on two crypto investment scams, targeting platforms Nanobit and Coinw6. Involving fake relationships to deceive victims via social media, these schemes siphoned millions from unsuspecting investors. The charges mark the first SEC enforcement actions against such scams. SEC Targets Crypto Scams in Latest Enforcement Action […]
https://news.bitcoin.com/sec-takes-action-against-fake-crypto-platforms-using-social-media-to-deceive-investors/
Cathedra Bitcoin Inc. has announced a significant shift in its corporate strategy, moving away from bitcoin mining to focus on growing its bitcoin holdings. The company aims to increase its shareholders’ bitcoin per share through a strategy similar to that of Microstrategy, which has gained recognition for its bitcoin acquisition policy. Cathedra Bitcoin Ditches Mining […]
https://news.bitcoin.com/btc-miner-cathedra-shifts-focus-to-bitcoin-acquisition-strategy/
The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights and violations of key industry standards, raising questions about the firm’s practices and the risks it missed. “Prager’s […]
https://news.bitcoin.com/sec-fines-prager-metis-1-95m-over-negligent-ftx-audits/
Ethereum's liquid staking protocols have absorbed an impressive 400,000 ETH recently, inching closer to a total of 14 million ETH across various platforms. This surge is accompanied by nearly $1 billion worth of ether flowing into 29 distinct liquid staking derivatives (LSDs).
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PRESS RELEASE. Limitless Labs, the R&D network behind prediction market Limitless, has announced the successful closure of a pre-seed round. A total of $3M was raised in a round led by prominent venture capital firm 1confirmation, which has backing from tech veterals such as Peter Thiel, Marc Andreessen and Mark Cuban. Notable investors such as […]
https://news.bitcoin.com/prediction-market-limitless-raises-3m-in-pre-seed-round-led-by-1confirmation/
A new meme coin is catching investors’ attention this week. Memebet (MEMEBET) is putting a crypto twist on online gambling, aiming to combine the popularity of meme coins with the buzz of digital casinos. And with nearly $250,000 raised in the presale’s first week, one popular analyst believes Memebet could be set to explode later […]
https://news.bitcoin.com/memebet-token-gamblefi-presale-enjoys-successful-first-week-could-it-give-500x-gains-like-rollbit/
The recent surge in gold prices to record highs has made analysts consider that the precious metal could register even higher levels during this and the next year. Some are even predicting that prices might reach the $3,000 mark, driven by even stronger central bank demand and incoming rate cuts. Gold Bulls Rejoice as Analysts […]
https://news.bitcoin.com/more-analysts-predict-gold-prices-could-reach-3000-by-2025/
Thunderpick is a crypto betting and casino platform created by gamers for gamers. Now a leading name in esports betting, it hosts an annual $1 million tournament and partners with top-tier team HEROIC. With hundreds of esports and sports markets to bet on, plus a massive library of over 3,000 casino games, Thunderpick delivers nonstop […]
https://news.bitcoin.com/experience-a-gaming-experience-built-by-gamers-for-gamers-at-thunderpick/
Tether’s USDT, the number one stablecoin by market cap, is growing as part of the TON ecosystem. According to the TON team, the stablecoin reached a milestone recently, registering authorized issuance numbers exceeding $1 billion. However, TON clarified that only $720.6 million was in circulation, while $309.3 million were authorized but unissued. Nonetheless, this marks […]
https://news.bitcoin.com/usdt-reaches-1-billion-authorized-issuance-on-ton/
Hillsborough and Campbell, California, residents have been alerted to a new email scam, according to local police departments. Scammers are sending emails containing personal details and photos of victims’ homes, threatening to release private information unless they pay $2,000 in bitcoin. The email warns recipients to pay “confidentiality charges” or risk having personal footage shared […]
https://news.bitcoin.com/police-warn-of-bitcoin-scam-threatening-to-expose-private-information/
Mercado Libre, Latin America’s e-commerce and financial services giant, has announced that it will expand its previously launched Meli Dólar, an in-house developed dollar-pegged stablecoin, to other countries. The token, developed in partnership with the Argentina-based crypto exchange Ripio, will be launched in Mexico, according to Juan Vita, Senior Director of Product at Mercado Pago. […]
https://news.bitcoin.com/latams-giant-mercado-libre-announces-expansion-of-its-stablecoin-project/
Elvira Nabiullina, head of Russia’s central bank, has highlighted challenges in cross-border settlements, including payment issues and falling trade volumes. She emphasized the importance of finding new solutions, such as using digital currencies and cooperating with global partners, to address these issues. Russia Faces Cross-Border Payment Issues Amid Declining Trade Russian Central Bank Governor Elvira […]
https://news.bitcoin.com/russian-central-bank-eyes-digital-currency-to-overcome-cross-border-payment-obstacles/
Economist and gold advocate Peter Schiff has issued a strong warning that the Federal Reserve is on the verge of repeating its past policy errors. He explained that the Fed’s anticipated actions, particularly interest rate cuts, “will be followed by a return to QE, another repeat mistake that will engender more debt and send consumer […]
https://news.bitcoin.com/peter-schiff-fed-is-about-to-make-major-policy-mistake-that-will-crush-us-dollar-reignite-inflation/
On Monday, U.S.-based Microstrategy, the publicly traded business intelligence (BI) company, unveiled plans for a private offering of $700 million in convertible senior notes. The BI firm plans to raise capital to pay off existing debt and purchase more bitcoin. Microstrategy Reveals Another Private Offering According to Microstrategy’s (Nasdaq: MSTR) announcement, the notes, set to […]
https://news.bitcoin.com/microstrategy-announces-700m-private-offering-for-debt-buyback-and-bitcoin-acquisition/
Qatar Financial Center (QFC) has launched its Digital Assets Lab, selecting 24 participants to develop innovative digital solutions using distributed ledger technology. Key partners include Google Cloud, Masraf Al Rayan, The Hashgraph Association, and R3. Lab Participants to Lead Digital Transformation In a move signaling Qatar’s embrace of digital assets, the QFC, the region’s leading […]
https://news.bitcoin.com/qatar-financial-centre-activates-digital-assets-lab/