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Nalezeno "r/Cryptocurrency": 28994

Barefoot Mining CEO: Wars Will Be Fought Over Bitcoin Blockspace

7.8.2024
Bob Burnett, CEO of Barefoot Mining, a bitcoin mining company providing off-grid “wild” mining services, has declared that wars will be fought over Bitcoin blockspace. In a recent interview, Burnett stated that as bitcoin becomes critical to companies and nation-states, the value...

Brazilian Securities Regulator CVM Initiates Inquiry Into Tokenization Operations

7.8.2024
The Brazilian Securities Regulator (CVM) has begun sending letters to tokenization companies, inquiring about the nature of their operations. According to local reports, these letters require issuers to disclose which tokens were issued, their purported classification, and the assets supporting...

Report States Salvadoran Economy Slowed, Purchasing Power Down as Bukele Fights Inflation

7.8.2024
A report by FUNDE, an investigative organization in El Salvador, has highlighted that the Salvadoran economy will grow less this year due to a decrease in public investment in infrastructure. Additionally, FUNDE claimed that the purchasing power of Salvadorans is being affected by rising inflation...

Fake Crypto Recovery Service Operator Arrested and Charged

7.8.2024
The Homeland Security Investigations New York has charged Michael Lauchlan for running a fraudulent cryptocurrency recovery service, Coin Dispute Network (CDN), that scammed customers out of their ethereum. Lauchlan convinced clients he could recover lost cryptocurrencies but pocketed the fees...

Nasdaq Seeks Approval for Ethereum ETFs Options Trading

7.8.2024
Nasdaq has formally petitioned US regulators to allow options trading on Ethereum ETFs, which shows the further development…

Peter Schiff Warns Against Owning Bitcoin ETFs, Cites ‘Not Your Keys, Not Your Coins’

7.8.2024
Economist and gold advocate Peter Schiff argues that bitcoin exchange-traded funds (ETFs) contradict the core principles of the cryptocurrency by undermining decentralization and peer-to-peer transactions. He criticizes recent buyers of bitcoin for focusing solely on profit, suggesting this...

Nasdaq asks to list options on spot Ethereum ETFs — Filing

6.8.2024
Exchanges are still waiting on permission to list options on spot Bitcoin ETFs, too

Digital Asset Manager Coinshares Reports Strong Q2 2024 Earnings

6.8.2024
Coinshares, a leading European digital asset investment firm, reported strong financial performance in the second quarter of 2024, highlighted by a significant increase in revenue and adjusted EBITDA. The company also navigated market challenges, including the impairment of its Flowbank investment...

Nearly every token Binance listed in 2024 is now bleeding red — Coin98

6.8.2024
Part of the problem is the airdrop model for token distributions, which has grown in popularity in recent years

Crypto Market Volatility Fuels $1.2B Inflows at Binance

6.8.2024
On Aug. 5, 2024, global crypto trade volume surpassed $200 billion, and current 24-hour statistics show approximately $148.26 billion in volume has been finalized the following day. Data reveals that Binance, the leading crypto exchange by trading volume, experienced inflows of $1.2 billion over...

Metaplanet Secures $70M to Expand Bitcoin Portfolio Through Offering

6.8.2024
Metaplanet has revealed that it aims to garner ¥ $10.08 billion, or $70 million, in funding. This will…

Binance CEO Richard Teng: Binance Net Inflow Hits 2024 High

6.8.2024
The Binance cryptocurrency exchange recorded a net inflow of $1.2 billion in the last 24 hours. This is…

Wazirx Announces FIR Filing Following Major Cyberattack

6.8.2024
Indian crypto exchange Wazirx has updated users about the recent cyberattack, confirming the filing of a First Information Report (FIR) to address the hack. Cofounder Nischal Shetty emphasized that a police complaint was made the day after the attack. The FIR, filed nearly 20 days later, is part...

Binance Hit With $87 Million Tax Bill in India

6.8.2024
Global crypto exchange Binance has received a goods and services tax (GST) bill of Rs 722 crore ($87 million) in India for non-compliance with the country’s tax regulations. This is the first instance of a cryptocurrency firm facing such scrutiny in India. A source claimed that Binance earned...

Bitcoin Crashes Amidst Major Sell-Offs: RCO Finance Shines Bright

6.8.2024
Recent crypto market dynamics have sparked significant interest and concern among Bitcoin investors. Simultaneously, RCO Finance has experienced…

QCP Capital Claims Recovery is Far Despite BTC & ETH Surge

6.8.2024
The cryptocurrency market found some relief as US markets stepped in to provide much-needed support and liquidity. This…

US Spot Bitcoin ETFs See Red: Grayscale’s GBTC and Top Funds Hit Hard

6.8.2024
On Monday, unlike their ethereum counterparts, spot bitcoin exchange-traded funds (ETFs) witnessed outflows totaling $168.44 million. The primary contributors to this decline were three funds, with Grayscale’s GBTC taking the lead in outflows. 3 Leading Bitcoin ETFs Experience Major Outflows...