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Japan to Propose Restricting Stablecoin Issuers to Banks and Wire Transfer Companies
7.12.2021
Japan’s top financial regulator, the Financial Services Agency (FSA), is reportedly planning to propose legislation to restrict stablecoin issuance to banks and wire transfer companies. Crypto service providers involved in stablecoin transactions, including wallets, will also be brought...
Crypto Exchange Binance Is Making ‘Substantial Changes’ to Become ‘Fully Licensed and Fully Compliant’ in UK
7.12.2021
Cryptocurrency exchange Binance has unveiled its plan to become a “fully licensed and fully compliant” exchange in order to serve users in the U.K. The crypto exchange is reportedly “making a number of very substantial changes” in the way it operates in order to comply...
Bitcoin.com’s Crypto Casino Conducts Christmas Raffle with Cash Prizes Worth $10,000
6.12.2021
Bitcoin.com is set to put players in the mood to celebrate Christmas with one of the biggest giveaways of the year! 💰$10,000 in Cash Prizes Up For Grabs🎁 Christmas festivities start early this year at our very own crypto casino, Bitcoin.com Games, as we’ve launched a brand...
Virtual Metaverse Plots Outpace Top NFT Collection Sales, Play-to-Earn Tokens Surged in Value This Year
6.12.2021
During the last seven days, virtual lands sold in the metaverse have outpaced a great number of non-fungible token (NFT) sales. Moreover, metaverse native crypto tokens like axie infinity, sandbox and decentraland and play-to-earn digital assets in general have jumped significantly in value this...
Craig Wright Cleared of All Charges Except a Conversion Count, Jury Awards $100 Million to W&K Info Defense
6.12.2021
The Kleiman v. Wright trial has come to a conclusion and Craig Wright and his defense team has won on all claims except one count of conversion. According to a court reporter, Craig Wright, the man who claims to be Satoshi Nakamoto, said he was “incredibly relieved.” Craig...
2021’s BTC Obituary List Accelerated This Year, 41 Alleged Bitcoin Deaths Recorded
6.12.2021
As bitcoin and a number of crypto assets have dropped in value during the last two weeks, its seems that everyone’s hope for six-digit bitcoin prices has become unattainable. However, year-to-date, bitcoin has risen more than 150% in value and despite the rise, skeptics and critics continue...
Salvadoran Ecologist Claims Nayib Bukele’s Volcano-Powered Bitcoin Mine Will ‘End in Environmental Disaster’
6.12.2021
El Salvador’s leading ecologist Ricardo Navarro believes that mining bitcoin with a volcano, or geothermal energy, will “end in environmental disaster.” Navarro believes geothermal energy costs more than oil, and thinks El Salvador’s millennial president Nayib...
Popular BTM Operator Bitcoin of America Wins Silver in 11th Annual Best in Biz Awards
6.12.2021
PRESS RELEASE. Bitcoin of America has been named a silver winner in the Company of the Year – Midwest category in Best in Biz Awards, the only independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America. Bitcoin...
Bitmart Loses $200 Million in Hack Performed by Unknown Attackers
6.12.2021
Bitmart, a cryptocurrency exchange, suffered an attack yesterday that exploited some security vulnerabilities in order to gain access to the funds of the exchange. The attack targeted the hot wallets of the platform, specifically the Ethereum and Binance Smart Chain-based wallets. The hackers...
Bug in Solana Token Lending Contract Fixed, More Than $2 Billion Made Exploitable
6.12.2021
A bug in the token lending contract of the Solana Program Library (SPL) was recently found and fixed by Neodyme, a security auditing firm. The bug, that was discovered a couple of months back, could have affected several decentralized finance protocols holding more than $2 billion in total value...
Indian Crypto Bill: Exchange CEO Discusses What to Expect
6.12.2021
There are reports that the Indian government may impose restrictions on self-custodial cryptocurrency wallets and only allow Indian crypto exchanges. The CEO of a major cryptocurrency exchange in India has shared his thoughts on the possible restrictions. The Indian government has listed...
Phemex Is Bringing Its Community’s Dreams to Life Celebrating Its Second Anniversary
6.12.2021
Singapore-based cryptocurrency exchange Phemex is celebrating its 2nd anniversary this November. It’s been an eventful couple of years for the derivatives platform, and with its Choose Your Reality event, this anniversary is going to be a memorable one. Phemex’s dedication to...
El Salvador’s President Tells Peter Schiff Benefit of Switching Gold Reserves to Bitcoin
6.12.2021
The president of El Salvador, Nayib Bukele, has revealed that his country holds 44,106 oz. of gold in its reserves that has lost some value over the past year. He told gold bug Peter Schiff that if El Salvador had sold its gold and bought bitcoin last year, it would now be worth $125 million...
SEC Chairman Gary Gensler Stresses Crypto Markets Are Open to Manipulation, Investors Vulnerable
6.12.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has called for more investor protection in crypto markets. “This asset class is rife with fraud, scams, and abuse in certain applications,” he said. “In many cases, investors aren’t able...
Value Locked in Defi Slips 5% in 24 Hours, AMM and Rebase Tokens Take Double-Digit Losses
5.12.2021
Since mid-November the total value locked (TVL) in decentralized finance (defi) has slid from $257 billion to $250.55 billion and during the last 24 hours it lost a touch more than 5%. Over the last seven days, defi tokens like uniswap, pancakeswap, curve dao token, 1inch and sushi have lost...
Starting My Journey Into the Metaverse by Throwing Tomatoes at Zuckerberg’s Face
5.12.2021
Editor’s Note: The following story was written by Neomi, an author from China with experience covering art, music, culture, tech, and travel. Bitcoin.com News sent her into the field of blockchain-based metaverse experiences to capture the feeling of a pioneer entering this new reality....
Over 80% of African Users on Mineplex Reportedly Interested in Buying Goods With Staked Crypto
5.12.2021
A report says over 80% of African users on the Mineplex marketplace have shown an interest in the platform’s commodity staking program since launch. Zero Fee Alternative According to a recent study, over 80% of African users have taken part in the commodity staking program since its launch...
Tau-Chain Founder Ohad Asor and Prof. Franconi Explain Logical AI and How to Trade Knowledge
5.12.2021
Tau, in development, is the world’s first fully user-controlled blockchain, capable of understanding and implementing users’ consensus in real-time. It allows you to understand and be understood by billions of people, on a platform so advanced that it changes and updates itself based...
Meme Token Economy Suffers After Crypto Market Dip, DOGE and SHIB Market Caps Lose Billions
5.12.2021
The global cryptocurrency market valuation has rebounded a great deal since the initial downturn after 12:00 a.m. EST on December 4, and on Sunday, the crypto economy is down 1.4% during the last 24 hours. Meanwhile the meme token market capitalization today is $47.2 billion down 12.6% during...
Bitcoin Hashrate Rises Despite Price Drop, Mystery Hashpower Returns
5.12.2021
Bitcoin’s hashrate has increased a great deal, even after the leading crypto asset’s price slipped below the $50K price zone. Eight days ago the network hashrate was coasting along at 168 exahash per second (EH/s), and this past week it increased 7.73% to today’s 181 EH/s....