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Block Subsidiary, TBD, Partners With Chipper Cash for Quicker, More Affordable Remittances
17.5.2024
TBD, a subsidiary of Block, owned by Jack Dorsey, has formed a partnership with Chipper Cash, an Africa-focused fintech company. This partnership aims to expedite consumer remittances and make them more affordable. According to a statement, Chipper Cash plans to use the decentralized exchange...
Legendary Investor Tim Draper Leads Bitcoin Lending Protocol Zest’s $3.5 Million Seed Round
17.5.2024
Draper Associates, the VC firm led by the legendary investor Tim Draper, has led the $3.5 million seed round of Zest Protocol, a Stacks-based Bitcoin lending market. The round, which also had the participation of Binance Labs, Flow Traders, Trust Machines, and others, seeks to allow bitcoin holders...
Juno Addresses Banking Service Disruption — ‘This Is Outside Our Control’
17.5.2024
Juno Finance acknowledges the disruption in banking services and is collaborating with its brokerage and banking service providers, Synapse and Evolve Bank & Trust, to restore full service as soon as possible. Juno is a financial platform that integrates checking and savings accounts with...
Bitcoin Price Prediction: BTC Above $65K Amid $100M Andrew Tate Investment and Supply Lows
17.5.2024
Bitcoin Price Prediction: With BTC trading above $65K, Andrew Tate's $100M investment fuels bullish sentiment amid decreasing supply on exchanges.
The post Bitcoin Price Prediction: BTC Above $65K Amid $100M Andrew Tate Investment and Supply Lows appeared first on Cryptonews
DOJ’s Unlawful Interpretation Threatens Bitcoin and Crypto Innovation, Lawmakers Warn
17.5.2024
Two U.S. senators have criticized the Department of Justice (DOJ)’s new interpretation of “money transmission,” which extends requirements to non-custodial software, citing concerns over its impact on crypto networks and financial innovation. “I’m concerned the DOJ’s...
Institutional Bitcoin Adoption Is Just Getting Started, Says Anthony Scaramucci
17.5.2024
Anthony Scaramucci says it pays to be an early Bitcoin investor, despite the volatility.
The post Institutional Bitcoin Adoption Is Just Getting Started, Says Anthony Scaramucci appeared first on Cryptonews
$25M Sophisticated Ethereum Blockchain Exploit Leads to Arrests in US
17.5.2024
The U.S. Department of Justice (DOJ) has indicted two brothers for wire fraud and money laundering. They allegedly exploited the Ethereum blockchain to steal $25 million in cryptocurrency within 12 seconds. Using sophisticated techniques, they manipulated transactions and concealed their...
Bitcoin moves toward range highs but derivatives traders watch from the sidelines
16.5.2024
Bitcoin price showed strength near its medium-term range high but multiple factors are preventing derivatives traders from opening new positions
Big miners pose a growing threat to Bitcoin
16.5.2024
As of May, AntPool and Foundry USA controlled more than 50% of Bitcoin's hash rate. That could become a problem for Bitcoin users in the near future
Andrew Tate Plans to Invest Big in Bitcoin, Leaving Fiat Completely
16.5.2024
Andrew Tate, a British-American social media personality and former professional kickboxer, has announced a plan to invest significantly in bitcoin, expressing frustration with banks and their scams. “I’m about to leave fiat completely,” he stressed. “I’m done...
Biden Order to Halt China-Tied Bitcoin Mine Beside Nuke Base Came as U.S. Firm Just Bought it
16.5.2024
President Biden's emergency order to halt the Chinese-tied mining on the doorstep of a nuclear-missile base hit days after mining giant CleanSpark struck a deal to buy the property
Solana Meme Coin Marketplace Pump.fun Suffers $80 Million Exploit
16.5.2024
Pump.fun, a Solana-based marketplace and deployment tool for meme coins, has acknowledged suffering an exploit dealing with the bonding curve contracts in its platform. While the protocol is still investigating the matter, it reported that “the TVL in the protocol right now is safe,”...
Bitwise CIO says BTC ETFs are huge success and 13F filings make him ‘incredibly bullish’
16.5.2024
Bitwise CIO Matt Hougan says this week's 13F filings prove that the spot Bitcoin ETFs were a “huge success.”
US Senate Votes to Overturn SEC’s Controversial Crypto Rules — Biden’s Veto Threat Looms
16.5.2024
The U.S. Senate has voted to overturn the Securities and Exchange Commission (SEC)’s controversial SAB 121, which imposes regulatory burdens on digital asset custodians. The resolution also passed in the House and now faces a veto threat from President Joe Biden. Last week, the White House...
As TRUMP Coin Surges Over 100% in a Month, Trump’s Crypto Wallet Swells in Value
16.5.2024
Over the past week, the meme coin known as maga (TRUMP) has increased by more than 45% against the U.S. dollar, and over the past day, the TRUMP token has climbed more than 7%. Statistics reveal that this rise in value has boosted former U.S. President Donald Trump’s cryptocurrency holdings...
Bitcoin Magazine CEO: A Trump Victory Will Trigger a Bitcoin ‘Space Race’
16.5.2024
David Bailey, CEO of Bitcoin Magazine and crypto aide for the Trump campaign, believes that Trump’s victory in the upcoming election could trigger a bitcoin ‘space race,’ as countries rush to accommodate their policies to align with the U.S. Bailey also stated that they have...
Coinbase Shares Sink 9% on Report CME to Consider Listing Spot Bitcoin
16.5.2024
The stock was the second worst performing among crypto stocks on Thursday
Cryptocurrency Exchange Kucoin Suspends P2P Services for Nigerian Naira
16.5.2024
Kucoin, a global cryptocurrency exchange platform, announced on May 15 that it has temporarily suspended its peer-to-peer (P2P) services for the Nigerian naira, as well as the Fast Buy service via naira cards. The crypto exchange stated that during this period, it will focus on ensuring compliance...
Bitcoin ‘could’ consolidate for ‘4 or 5 months,’ but big cup and handle looks promising — Analyst
16.5.2024
Analysts say Bitcoin price could range trade for up to 5 months, but longer-term technical and on-chain data continues to point to a 6-figure BTC price target
Bitcoin Lightning Payments Service Provider, Ibex Pay, to Suspend US Operations
16.5.2024
Ibex Pay, a payment rail that accepts Bitcoin payments via the Lightning Network, announced on May 15 that it will cease operations in the U.S. The payment firm stated that the suspension of services for the U.S. market will take effect on May 31, but did not provide reasons for the decision....