Bitcoin News / Bitcoin.com - 2 years ago
Wirex, a London-based digital payments company, has announced it has become a global partner of Visa, to allow the company to bring its card services to more markets in the world. The new partnership means that Wirex will be able to offer its crypto...
Bitcoin News / Bitcoin.com - 2 years ago
Ukrainian authorities are speeding up the development of the electronic hryvnia, a high-ranking government official indicated. The executive power in Kyiv is now in talks with the central bank and businesses involved in the project to pilot the digit...
Bitcoin News / Bitcoin.com - 2 years ago
Police in the U.K., in collaboration with the Financial Conduct Authority (FCA), have raided several sites allegedly hosting cryptocurrency ATMs. “No crypto ATM operators currently have FCA registration,” the British financial regulator s...
Bitcoin News / Bitcoin.com - 2 years ago
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the price of bitcoin will hit $500,000 by 2025. During the same time period, he expects the price of gold to reach $5,000 and silver to hit $500. Kiyosa...
Bitcoin News / Bitcoin.com - 2 years ago
Hello Pets team is building an open entertainment ecosystem where the community can join in the storytelling and art creation of shared IPs. Starting from their own adorable pet characters, Hello Pets also actively incorporate external NFT characters...
Bitcoin News / Bitcoin.com - 2 years ago
DBS, the largest bank in Southeast Asia, has unveiled its plan to expand its crypto services in Hong Kong. “We are planning to apply for a license in Hong Kong so that the bank could sell digital assets to our Hong Kong customers,” said a...
Bitcoin News / Bitcoin.com - 2 years ago
The government of South Sudan has reportedly prohibited U.S. dollar-based transactions and has directed that all local payments be settled in the local currency. The Salva Kiir Mayardit government reportedly said it also wants all signed commercial c...
Bitcoin News / Bitcoin.com - 2 years ago
The Blur non-fungible token (NFT) marketplace launched its native token this week, and users who were awarded token allotments received “care packages.” Blur tokens began trading at noon on Feb. 14, reaching a high of $5.02 per...
Bitcoin News / Bitcoin.com - 2 years ago
Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tuesday, Silvergate’s stock saw a rise after i...
Bitcoin News / Bitcoin.com - 2 years ago
LBank Labs is the venture capitalist and blockchain accelerator arm of global crypto exchange LBank.
Spearheaded by investor Czhang Lin, LBank Labs is entering the market with a 100 million USDT fund to propel the Web3 industry. He recently joined th...
Bitcoin News / Bitcoin.com - 2 years ago
U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to hike the benchmark federal funds rate.
Inflatio...
Bitcoin News / Bitcoin.com - 2 years ago
Solana was one of Tuesday’s notable movers, as the token rebounded from losses to start the week. The move comes despite U.S. inflation figures missing expectations. Consumer prices came in at 6.4%, higher than the 6.2% many had forecasted. Tr...
Bitcoin News / Bitcoin.com - 2 years ago
Two civil lawsuits, stemming from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), against former FTX CEO Sam Bankman-Fried will be paused until his criminal proceedings are complete.
US Attorney...
Bitcoin News / Bitcoin.com - 2 years ago
While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top fiv...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin rebounded in Tuesday’s session, as markets prepared for this afternoon’s U.S. inflation report. It is expected that the annual rate of inflation in the United States dropped to 6.2% in January, down 0.3% from the month prior. Et...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. For foreign investors who have always wanted to diversify their portfolio with African assets but have been held back by security and transparency, this might be a game-changer.
Africa is a continent that is rich with potential and opp...
Bitcoin News / Bitcoin.com - 2 years ago
According to reports, the CEO and co-founder of the Nigerian fintech Flutterwave, Olugbenga Agboola, recently visited Kenya where he sought to convince the country’s monetary authorities to grant the firm access to funds that have been blocked...
Bitcoin News / Bitcoin.com - 2 years ago
According to the National Bank of Rwanda, the country’s regulated financial services providers are now prohibited from facilitating crypto-related transactions. In her Jan. 31 letter justifying the decision, the acting governor Soraya Hakuziyar...
Bitcoin News / Bitcoin.com - 2 years ago
On Feb. 12, 2023, the Central Bank of the United Arab Emirates (CBUAE) announced the launch of a new initiative called the “Financial Infrastructure Transformation Program,” which has nine key objectives. One of these objectives is the re...
Bitcoin News / Bitcoin.com - 2 years ago
Meta, the company that owns Whatsapp, Instagram, and Facebook, is reportedly preparing to announce a new round of layoffs in the coming days. According to reports, the company is delaying the finalization of the budget for each one of its teams, caus...
Bitcoin News / Bitcoin.com - 2 years ago
India is having “detailed discussions” with other G20 members about forming a collective standard operating procedure (SOP) to regulate crypto assets, Indian Finance Minister Nirmala Sitharaman has revealed. She also called for “a g...
Bitcoin News / Bitcoin.com - 2 years ago
Authorities in the Russian region of Irkutsk have so far filed 1,000 lawsuits against what they call βgrayβ miners, or people minting coins in their homes. In over half of these cases, courts have ordered the defendants to compensate the operators of...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain.
Iris Energy L...
Bitcoin News / Bitcoin.com - 2 years ago
Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in circulation. In the past eight hours, nearly $290 million has been redeemed, bringing the number of BUSD in circulatio...