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Robinhood Adds 9.5 Million New Crypto Users As Mainstream Adoption Continues
As cryptocurrencies continue to surge to new highs and bask in the media’s limelight, Robinhood reported major growth in the number of users trading crypto on their platform. According to their blog post, the California-based broker saw its crypto user base grow to an all-time high of 9. дальше »
2021-4-12 04:24 | |
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Hedge Fund Giant, Millennium Management, Exposed to Bitcoin Through Grayscale’s GBTC: Report
$48 billion hedge fund Millennium is the latest to enter the Bitcoin market through Grayscale Bitcoin Trust (GBTC) and appears to be the largest hedge fund firm yet to join the GBTC trade Multi-strategy hedge fund operator Millennium Management was exposed to the late March fall of the net asset value of GBTC, reported TheStreet […] The post Hedge Fund Giant, Millennium Management, Exposed to Bitcoin Through Grayscale’s GBTC: Report first appeared on BitcoinExchangeGuide. дальше »
2021-4-9 21:31 | |
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Coinbase Q1 2021 Revenue Set to Double Entire 2020 Earnings
The San Francisco-based Coinbase exchange has reported a Q1 2021 profit that is double that of the entirety of 2020. In its quarterly report, the exchange said that it expected to make a profit of $730–$800 million in Q1 2021. дальше »
2021-4-7 12:31 | |
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Apple App Store scam sees users losing $1.6 million in Bitcoin
Apple users have lost over $1. 6 million worth of Bitcoin and other cryptocurrencies to hackers after falling victims to a sophisticated phishing attack involving a fake version of the popular Trezor wallet on the firm’s ‘App Store,’ reported the Washington Post on Tuesday. дальше »
2021-4-1 19:00 | |
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First Carbon-Neutral NFT Scaling Platform Launched by Immutable X
NFTs on Ethereum use gas to mint them on its proof-of-work blockchain. Immutable X has found a way to offset this drain on resources through scaling. On March 30, BeInCrypto reported that over $1 million was spent in gas fees for the newly launched Polkamon NFT collection. дальше »
2021-3-31 11:24 | |
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Michael Jordan, Will Smith, other stars invest $305M in NBA Top Shot developer Dapper Labs
Dapper Labs, the company behind highly successful non-fungible token (NFT) platforms CryptoKitties and NBA Top Shot, has raised $305 million in a funding round led by investment firm Coatue, USA Today reported today. дальше »
2021-3-31 07:00 | |
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Bitcoin Nears $60,000 After PayPal Announces Crypto Checkout Service
Bitcoin prices rallied in the early London session after Reuters reported that PayPal would launch its crypto checkout services later on Tuesday. The payment giant, which started offering bitcoin custodial and trading services in October last year, will now allow US customers to use their cryptocurrency holdings to pay to PayPal’s millions of merchants worldwide. […] дальше »
2021-3-30 13:48 | |
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‘Too Much’ Bitcoin Supply Is In Search of Yield Reveals True Inherent Yield on Crypto Assets
Decentralized Finance (DeFi) continues to attract not just degens and crypto enthusiasts, but as we have been seeing, government authorities are also getting interested. As we reported recently, the US Federal Reserve published a paper on DeFi, and now the Fed is interested in knowing more about the revolutionary and burgeoning sector that, according to […] The post ‘Too Much’ Bitcoin Supply Is In Search of Yield Reveals True Inherent Yield on Crypto Assets first appeared on BitcoinExchangeGuide. дальше »
2021-3-27 18:34 | |
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6 Chinese banks are testing the upcoming digital yuan (DCEP)
Six government-backed banks in China are testing e-wallet services for the upcoming digital yuan, local outlet Sina News reported ealier this week. The post 6 Chinese banks are testing the upcoming digital yuan (DCEP) appeared first on CryptoSlate. дальше »
2021-3-27 16:00 | |
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Blockchain.com completes $300M Series C led by DST Global Partners, VY Capital and Lightspeed
CryptoNinjas » Blockchain. com completes $300M Series C led by DST Global Partners, VY Capital and Lightspeed The team of Blockchain. com, a crypto wallet & exchange company, today reported that the company has raised its Series C, securing $300 million in funding at a $5. дальше »
2021-3-30 17:11 | |
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Market Soaring, FileMax Ahead of The Game
Recently, news of Bitcoin's has been frequently reported. It reached its highest point of US$57,822.08 on February 21, 2021, which is an increase of US$49,279.28, or 576.85%, from the US$8542.8 when it was halved on May 12, 2020. дальше »
2021-3-24 15:15 | |
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Armed Criminals Who Posed as Bitcoin Buyers Stole Over $5K From a 26-Year-Old Man in Argentina
In-person crypto robberies are becoming a global issue lately for the authorities, and this time, Argentina is the place of the latest case reported. In Mendoza, an unnamed man was assaulted by two criminals who posed as bitcoin buyers. дальше »
2021-3-24 09:30 | |
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Microsoft conducts poll, wants to know if you use Bitcoin
As part of an internal program, Microsoft has asked its users for their payment preferences. In a poll shared on Bitcoin’s subreddit (r/bitcoin), a user named “Jebusura” reported that the software company began polling for alternative payment methods. дальше »
2021-3-23 00:03 | |
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Decentralized FLOAT Stablecoin will Complement RAI and FEI Economies
The Float Protocol was introduced in early February as the ‘first truly native internet currency’ which is stable, yet floating. As reported by BeInCrypto, it has entered a market that already has similar products. дальше »
2021-3-22 08:52 | |
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Filecoin (FIL) says no funds were lost following $4.6M “double Deposit” on Binance
Binance and Filecoin have addressed the issue that led to the double deposit of $4. 6 million on the Binance platform. The incident was reported on Thursday as an exploit, but both firms have said it was a result of an “incorrect use” instead of a bug. дальше »
2021-3-21 16:42 | |
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Morgan Stanley reportedly looks to acquire stake in Korean exchange Bithumb
American multinational investment bank Morgan Stanley is currently in talks to acquire a stake in top South Korean cryptocurrency exchange Bithumb, local news outlet Naver reported on Friday. The post Morgan Stanley reportedly looks to acquire stake in Korean exchange Bithumb appeared first on CryptoSlate. дальше »
2021-3-20 11:00 | |
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“Very Significant Demand for Digital Assets,” says BNY Mellon Investing in Crypto Custody Startup, Fireblocks
Bank of New York Mellon Corp. is investing in cryptocurrency startup Fireblocks that builds tools for the transfer and storage of cryptocurrencies, reported the Wall Street Journal — yet another move by a traditional Wall Street player to embrace crypto assets. дальше »
2021-3-19 22:07 | |
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Morgan Stanley Participating in the Acquisition of South Korea’s Top Crypto Exchange, Bithumb
Morgan Stanley is bidding for the acquisition of South Korea-based cryptocurrency exchange Bithumb for a $2 billion valuation, reported a local publication. The article circulated on the leading local search engine Naver. дальше »
2021-3-19 17:06 | |
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Morgan Stanley Eyes Bitcoin Exchange Acquisition After Crypto Rallies 1,500%
Key Bitcoin Takeaways A South Korean media outlet reported that Morgan Stanley plans to acquire Bithumb, a local bitcoin exchange. The news surfaced two days after the American banking giant decided to offer three Bitcoin funds to its rich clients via its traditional investment platform. дальше »
2021-3-19 14:00 | |
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Morgan Stanley Allegedly Bids on Bithumb Ownership Stake
Local media outlets Asiae and Naver first reported that the negotiations are with Bithumb shareholder Bident. The company owns around a 10. 3% stake in the exchange. In addition, an anonymous source referred to as a “high-ranking official of Bithumb Holdings” confirmed, “Morgan Stanley participated in the Bithumb acquisition deal. дальше »
2021-3-19 12:43 | |
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Bank of Thailand Declares Terra-based Thai Baht Stablecoin THT Illegal & In Violation of Currency Act
The Bank of Thailand (BoT) has declared THT, a Baht-pegged stablecoin on Luna-powered Tera, in violation of the Currency Act of 1958, which gives the state exclusive authority to issue money. Pruettipong Srimachand, Assistant Governor of the Legal Group at the central bank, reported on the development around stablecoins in the private sector. дальше »
2021-3-18 19:31 | |
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US bank Morgan Stanley to launch three Bitcoin funds
Morgan Stanley will soon launch two Bitcoin-focused funds as demand for cryptocurrencies picks up among institutional clients, reported business outlet CNBC on Thursday, citing two people with knowledge of the matter. дальше »
2021-3-18 18:00 | |
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Famous TikTok user ‘Doggface’ is selling his NFT for $500,000—but there’s a catch
TikTok user Nathan Apodaca, popularly known as ‘Doggface208’ on the platform, is selling the viral video that made him popular as a non-fungible token (NFT), entertainment outlet TMZ reported today. дальше »
2021-3-18 15:00 | |
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TikTok user ‘Doggface’ is selling his NFT for $500,000—but there’s a catch
TikTok user Nathan Apodaca, popularly known as ‘Doggface208’ on the platform, is selling the viral video that made him popular as a non-fungible token (NFT), entertainment outlet TMZ reported today. дальше »
2021-3-18 15:00 | |
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Cream Finance Critical of GoDaddy in DeFi DNS Attack
On March 15, several decentralized finance protocols on the Binance Smart Chain reported that they had suffered a DNS attack. This caused their websites to become inaccessible for some time. On March 18, Cream Finance confirmed all funds were safe in a post mortem report. дальше »
2021-3-18 08:40 | |
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Iron Finance DeFi Exploit Explained in Post Mortem
Iron Finance is a partially collateralized stablecoin platform based on the Binance Smart Chain (BSC). It reported that on March 16, two Iron Finance vFarm pools were “subject to an incident”. This ordeal resulted in the loss of user deposits. дальше »
2021-3-17 08:53 | |
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Nvidia Admits Ethereum Mining Limitations Lifted Accidentally
Nvidia has reported that it mistakenly removed a hash rate limiter on its RTX 3060 graphics card. The American multinational corporation is renowned for designing graphics and processing units for the gaming and mobile computing market. дальше »
2021-3-17 19:51 | |
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BitMEX billionaire Ben Delo surrenders on “failure to implement adequate AML procedures” charges
BitMEX co-founder Ben Delo has surrendered before authorities in the US on charges of failure to implement adequate anti-money laundering procedures at his company, reported industry publication Bloomberg this morning. дальше »
2021-3-17 18:37 | |
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FinTech, Investview, Reports a Record Month Adding $1 Million in Bitcoin & Crypto To Its Holdings
Fintech company Investview Inc. reported the highest monthly gross revenue in the month of February in the company's history. A public company, Investview, is listed on the OTC Markets Group. The company had $5. дальше »
2021-3-16 18:35 | |
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Alameda, Reef Finance Clarify Positions Following Investment Fiasco
On March 12, a number of high-profile crypto and finance outlets reported that Sam Bankman-Fried’s Alameda Research had invested $20 million into the Polkadot-based Reef platform through a token purchase. дальше »
2021-3-16 10:00 | |
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Elon Musk And Tesla’s Bitcoin Investment Up By 70% In Less Than 40 Days
It has been an excellent quarter for Bitcoin investors as the market continues to experience tremendous growth. On Saturday, Bitcoin briefly rose above $60,000 for the first time ever. These recent price bumps have been good news to Tesla and its CEO, Elon Musk, who recently bought $1. дальше »
2021-3-16 19:33 | |
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Several Binance Smart Chain Projects Under DNS Attack
A DNS attack can take several forms. However, the affected platforms have reported facing a DNS hijacking on the Binance Smart Chain. In this instance, their domain names have been hijacked, resulting in the internet traffic being diverted to an unknown destination. дальше »
2021-3-16 19:11 | |
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PancakeSwap, Cream.Finance Suffer DNS Attack, Urge Users to Exercise Caution
Cream.Finance and PancakeSwap tweeted they are under a DNS attack by a third-party. Users Urged to Be Cautious In tweets made today, DeFi protocols Cream.Finance and PancakeSwap reported that their DNS had been compromised leading to a pop-up on the website that asks users for their seed phrase as a precondition to using the dApp.Read More дальше »
2021-3-15 19:05 | |
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DC Comics Launches Batman-Themed NFT’s; Warns Developers from Copying its Characters
According to reports arising last week, comic book publisher DC Comics is trying out the NFT marketplace, with a plan to launch their own line of unique NFTs. In a story first reported by Gizmodo, DC Comics is “exploring opportunities in the NFT marketplace” in a bid to combat freelancers and NFT developers using their […] The post DC Comics Launches Batman-Themed NFT’s; Warns Developers from Copying its Characters first appeared on BitcoinExchangeGuide. дальше »
2021-3-15 18:37 | |
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Metakovan Revealed as $69 Million Beeple NFT Buyer
BeInCrypto reported yesterday that Christie’s closed on the Beeple NFT for just under $70 million. Also mentioned in the report, it is the first major auction house that has sold NFT. The buyer is anonymously known as Metakoven, which isn’t the first time he has rattled the digital community. дальше »
2021-3-13 23:45 | |
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Binance Reportedly Under CFTC Investigation Over U.S. Derivatives Trading Activity, CZ Responds
The U. S. Commodity Futures Trading Commission (CFTC) has reportedly launched an investigation against cryptocurrency exchange Binance, Bloomberg reported today. The CEO of the exchange, Changpeng Zhao has seemingly issued a response to the reports of a CFTC probe. дальше »
2021-3-13 23:11 | |
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Chinese DEX Platform DODO Loses $2.1 Million In Latest DeFi Attack
In a tweet published in the early hours of today, DODO decentralized exchange said a number of its liquidity pools were attacked yesterday, March 8, 2021. DODO’s V2 CrowdPool Funds Stolen The attacks which drained a reported $2. дальше »
2021-3-10 19:28 | |
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DODO DEX Exploited for $2 Million in Latest DeFi Incursion
The Chinese-based DODO automated market maker has reported that several of its version 2 crowdpools were attacked on March 8. It stated that the WSZO, WCRES, ETHA, and FUSI pools were impacted, while AC pool funds have been fully recovered. дальше »
2021-3-9 08:23 | |
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Rug Pulled on Users as DeFi Project Meerkat Finance Disappears Along with $31 Million
Just a day after the launch of the project on Binance Smart Chain, the DeFi project reported a hack, suspected to be a rug pulling, resulting in the loss of 13.96 BUSD and 73,653 BNB. The post Rug Pulled on Users as DeFi Project Meerkat Finance Disappears Along with Million first appeared on BitcoinExchangeGuide. дальше »
2021-3-5 20:47 | |
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IRS Changes Tax Requirements; Purchasing Crypto with Fiat (USD) Doesn’t Need to be Reported
If a person has purchased cryptocurrencies with USD, such a transaction is not reportable to the Internal Revenue Service (IRS), clarifies the updated FAQ on Virtual Currency Transactions on the official website. дальше »
2021-3-4 21:08 | |
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Buying Cryptocurrency with USD Need not Be Reported to the IRS
According to the updated IRS FAQs, purchasing virtual currencies using USD is not necessarily reportable to the IRS. IRS Latest Update Virtual currency holders who bought the assets via fiat money were confused about whether or not to tick ‘yes’ on IRS’ form 1040. дальше »
2021-3-4 18:00 | |
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Robinhood has gained 6 million users this year
Retail trading app Robinhood has recently reported an increase in the number of new users, as they line up for a share of the cryptocurrency gains. The company, in a blog post, stated that it has grown its user-base by 6 million this year. дальше »
2021-2-28 17:41 | |
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Why Etsy will not accept Bitcoin as payment 'right now'
Etsy Inc., which reported a strong revenue growth last year, alongside a surge in e-commerce amid the pandemic, does not intend to accept Bitcoin as payments on the leading e-commerce website, at leasThe post Why Etsy will not accept Bitcoin as payment 'right now' appeared first on AMBCrypto. дальше »
2021-2-27 00:30 | |
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FTX Exchange Premiers Tokyo Olympics Futures Contracts
The premise for the creation of this futures contract is the high uncertainty that surrounds the possibility of the Olympics games this year. This uncertainty is of course driven by the ongoing COVID-19 pandemic, especially considering the drastic rise of Coronavirus cases in Japan reported more than a month ago. дальше »
2021-2-26 13:14 | |
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