Tag: news.bitcoin
Blockchain
Australian Court Exempts Block Earner from Paying Penalty; Criticizes Regulator’s Misleading Press Release
A Federal court in Australia has relieved the crypto firm Block Earner from paying a penalty for breaching the financial services law when it offered the Earner product According to the ruling, Block
Blockchain
Digital Yuan App Drops ‘Pilot’ Description, Hints at Change to Production Ready Status
The digital yuan app, which services users of the Chinese CBDC, has dropped the ‘pilot’ label from its name without any announcement, prompting speculation about an upcoming move to production
Blockchain
FTX Reaches Settlement With IRS on $24 Billion Tax Claim
Crypto exchange FTX has reached a settlement with the Internal Revenue Service (IRS), reducing its $24 billion claim to $200 million to be paid within 60 days after the company’s restructuring
Blockchain
VC Billionaire Chamath Palihapitiya Explains the $500,000 Bitcoin Case: Countries Will Become Dual Currency
Chamath Palihapitiya, the founder and CEO of Social Capital, a venture capital firm, has explained how bitcoin could reach $500,000 or even higher price levels in the coming months During a podcast,
Blockchain
Edward Snowden on NYSE Trading Halts: ‘Bitcoin Fixes This’
On Monday, the New York Stock Exchange (NYSE) encountered a series of unexpected trading halts affecting stocks such as Chipotle and Berkshire Hathaway Berkshire shares plummeted 997%, while
Blockchain
Bitcoin Surpasses $70,000, Reaches Intraday High of $71,031
The price of bitcoin (BTC) climbed above the $70,000 mark on Tuesday, hitting an intraday peak of $71,031 on Bitstamp This marks a nearly 3% increase over the past day, adding approximately $1,891 in
Blockchain
Meme Stocks GME, AMC and Related Meme Coins Take a Hit as Roaring Kitty’s Influence Wanes
The Roaring Kitty craze appears to be dwindling at a swift pace, as evidenced by Gamestop’s stock, GME, which has dipped between 3-5% against the US dollar during Tuesday’s mid-day
Blockchain
3 Bitcoin Mining Pools Wield 69% of Total Hashrate Discovering 301 Blocks in 72 Hours
Figures reveal that over the preceding 72 hours, three bitcoin mining pools discovered more than 69% of the 436 blocks found during that period Foundry USA and Antpool, two industry titans, command a
Blockchain
Metaverse Project “Genso Meta” Announces MV Chain With Arbitrum Orbit to Improve User Experience
PRESS RELEASE Since its launch, Genso Meta has been actively developing applications that combine gaming and blockchain technology Beyond Play2Earn, Genso introduced UGC2EARN, allowing players to
Blockchain
Polygon Labs Acquires Toposware to Enhance Zero-Knowledge Tech Capabilities
In a strategic move to bolster its zero-knowledge technology development, Polygon Labs has acquired Toposware, a zero-knowledge (ZK) engineering startup The deal is aimed at integrating
Blockchain
US Banking Sector Teeters: $517B Unrealized Losses, 63 Troubled Institutions Flagged
US banks reported an alarming increase in unrealized losses and a growing list of institutions at risk of failure in the first quarter of 2024, according to the latest US Federal Deposit Insurance
Blockchain
AI-Powered Meme Coin WienerAI Raises $4M in Presale – How High Can WAI Go?
A new AI-powered meme coin project called WienerAI (WAI) is defying expectations While its name might be comical, WienerAI has now raised over $4 million in its limited-time token presale phase And
