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Tag: news
The RBI will pilot retail CBDC in December
The Reserve Bank of India (RBI) is getting ready to conduct trials of the “digital rupee” at a number of different retail outlets throughout India. In the past, it has experimented with ma...
Blue Chip NFTs Owned by Celebs Lose Significant Value – Bitcoin News
During the week of Jan. 30 to Feb. 5, 2022, the search term “NFT” had a Google Trends (GT) score of 90 and today the GT score has dropped a great deal down to a score of 12. Not only has interest decl...
CoinMarketCap’s proof-of-reserve tracker | Blockchain News
The most prominent market researcher and tracker in the cryptocurrency industry, CoinMarketCap, recently made an announcement regarding the launch of a new feature on its platform. This new feature wi...
LTC up 12%, Hitting a 3-Week High – Market Updates Bitcoin News
Litecoin rallied to a three-week high on Nov. 22, despite the global cryptocurrency market cap mostly residing in the red. As of writing, the crypto market is down 1.11%, however, litecoin is up by ov...
Decentralists criticize Uniswap’s new privacy policy.
As a consequence of the recently revised privacy policy of the decentralized exchange (DEX) Uniswap, it seems that some users are displeased with the service. These people are worried that the practic...
FTX Co-Founder Sam Bankman-Fried Faces US Extradition, Bankruptcy Court Says Top Execs Won’t Be Compensated – Bitcoin News
According to a report citing three people familiar with the matter, the former FTX CEO Sam Bankman-Fried (SBF) may be extradited to the United States for questioning. After it was alleged that SBF tra...
Iris Energy to eliminate mining equipment following $108M loan default
The current bear market in cryptocurrencies has claimed another victim: the Australian-based Bitcoin mining company Iris Energy. This makes Iris Energy the latest company to fall victim to the bear ma...
Bahamas Property Worth $121 Million Acquired by FTX, SBF’s Parents, Report Unveils – Exchanges Bitcoin News
Bankrupt crypto exchange FTX and its founder’s parents have purchased properties for almost $121 million in the Bahamas, according to a media report. Some of these were supposed to be used by the comp...
HashFlare founders arrested in $575M crypto scam
Two of the founders of HashFlare, a Bitcoin cloud mining service that is no longer active, have been arrested in Estonia on suspicion of being engaged in a crypto fraud scheme with a potential loss of...
ETH Slips Below $1,100 Ahead of FOMC Minutes Report – Market Updates Bitcoin News
Ethereum fell below $1,100 on Nov. 22, ahead of tomorrow’s much anticipated United States Federal Open Market Committee (FOMC) minutes release. Many are looking toward this report for hints from the U...
Disney (DIS) Shares Up 9% as Bob Iger News Keeps Driving Sentiment
The shares of Walt Disney (DIS) may benefit and see more upward momentum before the end of the year as Iger is expected to draw on his cross-industry experience to introduce new features into the comp...
Genesis rejects bankruptcy plans | Blockchain News
People had the impression that Genesis, a company that lends out cryptocurrencies, intended to file for bankruptcy “imminently” if it was unable to pay a deficit of $1 billion brought on b...
Venezuelan President Nicolas Maduro Signals Support for Single Currency in Latam, Calls for Crypto Inclusion – Emerging Markets Bitcoin News
Nicolas Maduro, president of Venezuela, has expressed his support for the adoption of a new common currency for Latam in the latest meeting of the Workgroup of the Sao Paolo Forum. Maduro stated that ...
Senate Banking Committee Democrats caution SoFi about deadlines
Sherrod Brown, who chairs the United States Senate Banking Committee, and three other Democratic members of the committee sent letters on November 21 to a number of government authorities as well as t...
Kenyan law taxes crypto protects consumers
The Capital Markets Law of Kenya was subject to a potential modification that was suggested on November 21. If this amendment were to become law, private individuals who own cryptocurrencies or partic...
Crypto Enables Creation of Useful Businesses and ‘Is Here to Stay’ – Featured Bitcoin News
According to Bill Ackman, billionaire and CEO of Pershing Square Capital Management, while crypto tokens are used by unethical promoters to perpetuate fraud, they “can enable the formation of useful b...
First US DAO to battle SEC without lawyers
Concerning the 2021 token registrations, the first legally recognized decentralized autonomous organization (DAO) in the United States has launched a lawsuit against the Securities and Exchange Commis...
Bitcoin Is ‘Falling Behind’ in the Battle Against Climate Change – News Bitcoin News
Greenpeace, the international, environment-conscious non-governmental organization (NGO), has criticized the lack of action that Bitcoin-related groups have adopted in the battle against climate chang...
Warren Buffett’s Berkshire Hathaway Warns About Crypto Exchange Website Using Its Name – Featured Bitcoin News
The Warren Buffett-led Berkshire Hathaway has issued a statement warning that a cryptocurrency exchange website is using its name. The company stressed that the crypto firm has no affiliation with Ber...
Solana [SOL]: Why 2022 could end with good news for disheartened investors
SOL’s RSI and stochastic were oversold Metrics and several market indicators were also bullish Solana [SOL] has daunted its investors for quite a few weeks now, as its price has continued to decline....
Winners, News And Notes On November 21, 2022
Kevin Owens returned to WWE Raw. Credit: WWE.com WWE Raw advertised Asuka vs. Rhea Ripley on the go-home show for WWE Survivor Series, which will feature both men’s and women’s WarGames matches. Raw f...
Federal Reserve Bank President Says ‘Entire Notion of Crypto Is Nonsense’ – Regulation Bitcoin News
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says crypto exchange FTX isn’t “one fraudulent company in a serious industry.” Stating that the “Entire notion of crypto is non...
Ethereum Co-Founder Vitalik Buterin Discusses FTX Collapse — Says ‘Centralized Anything Is by Default Suspect’ – Featured Bitcoin News
Ethereum co-founder Vitalik Buterin says many people in the Ethereum community see the FTX collapse “as a validation of things they believed in all along: centralized anything is by default suspect.” ...
Bankrupt Crypto Exchange FTX Exploring Sales of Subsidiaries, CEO Reveals – Featured Bitcoin News
Bankrupt cryptocurrency exchange FTX is exploring sales, recapitalizations, and other strategic transactions with respect to its solvent subsidiaries. The firm’s new CEO has instructed the FTX team “t...
Bitcoin Miners Face a Squeeze as BTC Production Cost Remains Well Above Spot Market Value – Mining Bitcoin News
Bitcoin miners are dealing with lots of pressure following the recent difficulty adjustment increase on Nov. 20, 2022, and the leading crypto asset dropping further in value against the U.S. dollar fo...
NEAR Slips to 16-Month Bottom, ALGO Over 11% Lower on Monday – Market Updates Bitcoin News
Near protocol fell to its lowest level in over sixteen months, as bearish pressure intensified on Nov. 21. Overall, cryptocurrencies started the week trading lower, following increased speculation on ...
US court sets deadline for Celsius bankruptcy claimants
The Celsius bankruptcy case is still pending in the United States Bankruptcy Court for the southern district of New York State, which has established a new deadline for the submission of documents rel...