Crypto News Center

New Bitcoin Wallet Hack Uncovered

By Philip Maina 2 days agoSun Aug 11 2024 08:57:33 Reading Time: 2 minutes Researchers have disclosed a new method that hackers can use to compromise Bitcoin wallets The method can work on all Bitcoin hardware wallets Researchers have nicknamed the method “Dark Skippy” Hackers are committed to stealing crypto by devising new methods to access funds stored even in Bitcoin hardware wallets . Researchers have discovered a new method...

What are decentralized prediction markets?

Decentralized prediction markets are blockchain-based platforms where users bet on future events without intermediaries. Here’s what you need to know: Use blockchain and smart contracts to operate autonomously Allow betting on various outcomes like politics, sports, finance Typically use cryptocurrency tokens for trading Aim to harness “wisdom of the crowd” for accurate predictions Key features: Feature Description Decentralized No central authority controls the market Transparent All bets and market data...

Bitcoin ETF Whales Likely To Invest Major Capital In BTC Acquisition: Blackrock

Home / Crypto Live News / Bitcoin ETF Whales Likely To Invest Major Capital In BTC Acquisition: Blackrock According to Adam Back, Blockstream CEO, in a post on X, the market should anticipate institutional investors with huge buying power to dominate the market. With $5 trillion worth of funds, Bitcoin ETF whales are likely to invest a majority of the capital into Bitcoin acquisition and consolidating their positions. Analysts say...

Bitfarms stock rises 22% after Q2 loss came out better than expectations

Canadian Bitcoin mining company Bitfarms stock surged nearly 22% following the release of better-than-expected second-quarter earnings. In its Q2 results on Aug. 8, the Bitcoin BTC $59,454 miner reported a 7 cents per share loss, less than the 11 cents per share loss initially forecasted by Zacks Investment Research.   Bitfarms stock climbed nearly 22% over a day. Source: Google Finance  In an Aug. 8 post on social media platform X,...

Pump.fun Blocks UK Users After Regulator Warning

By Mark Hunter 16 hours agoMon Dec 09 2024 10:58:59 Reading Time: 2 minutes Pump.fun has restricted access to UK users following new Financial Conduct Authority (FCA) regulations The platform cites compliance with the FCA’s crypto marketing rules as the primary reason for this decision UK traders have criticized the sudden ban, highlighting the growing tension between crypto platforms and regulators Popular Solana memecoin launchpad Pump.fun has banned UK users...

USDC Becomes First Stablecoin to Achieve Canadian Approval

By Mark Hunter 13 hours agoFri Dec 06 2024 07:55:18 Reading Time: 2 minutes Circle has become the first stablecoin issuer to comply with Canada’s new Value-Referenced Crypto Asset requirements The compliance enables Circle’s USD Coin (USDC) to be offered on registered crypto asset trading platforms in Canada This milestone reflects Circle’s dedication to transparency and regulatory standards, further solidifying its leadership in the digital asset industry Circle has achieved...

Cambodia Blocks Binance, Coinbase, and 14 Other Crypto Exchanges Amid Rising Concerns

Cambodia has blocked access to 16 crypto exchange websites, including major platforms like Binance, Coinbase, and OKX, as part of its effort to regulate the digital asset market. The action, enforced by the Telecommunication Regulator of Cambodia (TRC), targets platforms operating without proper licenses from the Securities and Exchange Regulator of Cambodia (SERC). Cambodia vs. Crypto: New Rules Aim to Curb Illicit Activities It was reported that authorities restricted access...

Blockchain.com gears for an IPO as more crypto companies look to go public

Key takeaways Blockchain.com joins the growing number of cryptocurrency companies planning for an IPO. The iDEGEN presale nears $23 million as token listing approaches.  Blockchain.com inches closer to an IPO Blockchain.com, one of the oldest cryptocurrency exchanges and wallet providers, is taking steps towards an initial public offering (IPO). This comes as the company appointed two seasoned executives with financial and operational expertise. Bloomberg reported that the company hired Justin...

Bybit to host a star-studded livestream on innovations in crypto and AI

Sweden’s online casino ARPU forecast for 2024 is $1,820, the highest in Europe. Norway, Denmark, and Finland have lower ARPU figures, ranging from $1,070 to $1,080. France and Germany’s ARPU is much lower, with forecasts of $300 and $351.90 respectively. The online gambling landscape in Sweden continues to stand out in Europe for its impressive revenue-per-user (ARPU) figures, positioning it among the highest in the continent.  Recent data reveals that...

US Government Prepares to Sell $2 Billion in Silk Road Bitcoin

By Mark Hunter 1 day agoTue Dec 03 2024 11:23:53 Reading Time: 2 minutes The US government has transferred $2 billion worth of bitcoins, seized from the Silk Road marketplace, to Coinbase Prime Around 19,800 BTC has been moved, raising fears about potential impacts on Bitcoin’s market price The Supreme Court has recently allowed the government to liquidate seized cryptocurrency assets following a court case The US government seems on...

Shiba Inu Sees $120 Million Weekly Surge—Whales Tighten Their Grip

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. New blockchain information shows that large investors remain in...

Blockchain Security Expert Sues Department of Justice

By Mark Hunter 1 week agoFri Jan 17 2025 08:36:46 Reading Time: 2 minutes Blockchain security expert Michael Lewellen has filed a lawsuit against the Department of Justice (DOJ), alleging the unconstitutional criminalization of software development The lawsuit challenges the DOJ’s indictment of software developers under ambiguous legal standards, raising concerns about its impact on innovation and free speech Lewellen’s action has been supported by Coin Center, who agree that...

Cardano Founder Joins Peter Schiff: Shocking ETF Concerns

You are here: Home / News / Cardano Founder Joins Peter Schiff: Shocking ETF Concerns Cardano founder Charles Hoskinson has surprisingly backed Peter Schiff, a prominent financial commentator and outspoken Bitcoin critic, who has once again sparked controversy in the cryptocurrency community. This time, Schiff criticized Bitcoin exchange-traded funds (ETFs), arguing that they compromise Bitcoin’s fundamental principles. Schiff’s argument is rooted in the belief that Bitcoin ETFs dilute Bitcoin’s decentralized...

Bitcoin Miners Sold Over 3,000 BTC In The Past 48 Hours – Consolidation Phase Ahead?

Bitcoin has maintained its bullish momentum over the weekend, solidifying its position above the $90,000 mark. This milestone showcases Bitcoin’s resilience as it continues to captivate investors with its upward trajectory. The market has been buzzing with optimism as Bitcoin inches closer to new highs. However, recent on-chain data suggests that a potential pullback could be on the horizon. Key data from CryptoQuant reveals that Bitcoin miners have sold over...

Global Asset Freeze Targets Fugitive ‘Cryptoqueen’ and Onecoin

A London high court has announced a global asset freeze targeting Onecoin’s co-founder Ruja Ignatova and associates. Over 400 investors sought this legal action after losing millions in the Onecoin cryptocurrency scam. The asset freeze prevents further movement of Ignatova’s wealth, possibly aiding victims’ compensation. Onecoin’s Ruja Ignatova Faces Global Asset Freeze Amid Investor Lawsuit Ruja Ignatova, the Bulgarian mastermind behind the $4.5 billion Onecoin cryptocurrency scam, is now under...

Ripple’s XRP Drops 5%: Why Long-Term Indicators Remain Positive

FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech,...

BTCC Exchange Introduces Up to 50x Leverage on Over 300 USDT-Margined Trading Pairs

VILNIUS, Lithuania, July 26th, 2024, Chainwire In a significant move this July 2024, BTCC has launched up to 50x leverage on over 300 USDT-margined trading pairs. This development follows the successful introduction of 500x leverage on major trading pairs, including BTC, ETH, XRP, SOL, and DOGE. BTCC has now decided to elevate the futures trading experience by increasing the available leverage from 20x to 50x, setting a new standard in...

The US Presidential transition explained: Documents, ethics, and the law

Home News World Updated - November 26, 2024 at 08:06 AM. | WASHINGTON The formal transition between President Joe Biden and President-elect Donald Trump remains stalled, with Trump yet to sign key documents required by the Presidential Transition Act.  A file photo of U.S. President Joe Biden meets with President-elect Donald Trump in the Oval Office at the White House in Washington, U.S., November 13, 2024. | Photo Credit: Reuters...

SEC withdraws claims that ADA, MATIC, and SOL are securities in its Binance lawsuit

Los Angeles, United States, July 30th, 2024, Chainwire DSCVR, the largest web3 social media and community-building platform, announces the launch of Canvas, a groundbreaking framework that enables developers to effortlessly build and integrate custom applications directly into DSCVR’s social feeds. With just a few tweaks any web application can be made into a Canvas application. Combined with DSCVR’s API, Canvas provides an easy-to-build framework to launch and distribute embedded apps...

5 Altcoins You Should Watch in August 2024

The crypto market exhibited mixed signals in the month of July: many altcoins noted exceptional growth while other suffered. Thus, going into August, it is important to be mindful of what to add to your portfolio. To simplify this, BeInCrypto has assembled a list of five tokens you should keep an eye on. Flow (FLOW)  Flow is set to witness the arrival of the Crescendo Network Upgrade, which will be...

Financial Stability Oversight Council Reveals Stablecoin Concerns

By Mark Hunter 19 hours agoTue Dec 10 2024 10:41:54 Reading Time: 2 minutes The Financial Stability Oversight Council (FSOC) has raised concerns about the risks posed by the expanding cryptocurrency market Stablecoins have been flagged as vulnerable to market runs and lacking comprehensive federal oversight FSOC has recommended new legislation to improve the regulation of crypto-assets and ensure market stability The Financial Stability Oversight Council (FSOC) has used its...

Lawyer Says SEC Unlikely Changed Stance on Whether Solana is a Security or Not

Lawyer and Chief Legal Officer at Variant fund, Jake Chervinsky, says the SEC’s request to amend its complaint against Binance does not signal that the regulator no longer regards Solana, or the other crypto mentioned in the case, to be unregistered securities.  Chervinsky says the move is purely a “litigation tactic” on the SEC’s part and notes the regulator still refers to Solana and some of the other tokens as...