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Cryptocurrency News

Location American Cryptocurrency News for 23 March 2024
9 New Bitcoin ETFs Accumulate $1.3B in BTC in 6 Days as Funds Near the 500,000 Milestone In the span of just six days, the nine freshly launched spot bitcoin exchange-traded funds (ETFs) have gathered 20,859.57 bitcoins, valued at over $1.3 billion. Holding 474,363.55 bitcoins worth $30.6 billion, these new ...
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LAPD Recovers $6.9 Million Worth of Stolen Bitcoin Mining Rigs, Suspects in Custody The Los Angeles Police Department (LAPD) has apprehended three individuals following the theft of bitcoin mining equipment valued at $6.9 million. The Commercial Crimes Division's Cargo Theft Unit announced the retrieval...
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UK Court Convicts Woman Found With More Than $4.3 Billion in BTC A London resident reportedly caught with bitcoins worth over $4.3 billion has been convicted for entering into a money laundering arrangement. The woman specialized in converting digital assets into physical assets, such...
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Report: Bitcoin's Mining Landscape Braces for Shift as Halving Could Slash 100 EH/s of Hashpower Based on a recent analysis, numerous outdated bitcoin mining devices likely powered up in response to the latest uptick in bitcoin’s value. However, with the anticipated block reward halving, it’s projected that arou...
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From Rollups to Sidechains, L2 Watch Catalogs Dozens of Bitcoin Layer 2 Solutions In recent years, attention towards layer two (L2) scaling solutions for Bitcoin has persisted, though bitcoin capacity in the Lightning Network has seen a decline. In recent years, other varieties of L2 solutions have em...
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Crypto Markets Require Transparency, Says SEC Chair Gary Gensler The US Securities and Exchange Commission (SEC) Chair Gary Gensler has criticized crypto industry participants for avoiding registration requirements with the regulator. The post Crypto Markets Require Transparency, Says...
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NFT Sales Tumble 18.57% in 7 Days Amid Broad Crypto Market Retreat This week’s non-fungible token (NFT) sales have taken another nosedive, intensifying the downtrend that began with a 16.55% decline from March 9 to March 16, 2024. The last seven days have witnessed an even steeper dro...
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From Peak to Present: GBTC's Bitcoin Holdings Decrease by 266,827 BTC in 71 Days As of March 22, the bitcoin holdings of Grayscale’s Bitcoin Trust (GBTC) have diminished by 27,917.37 compared to its status three days prior, now amounting to 350,252 bitcoin valued at approximately $22.2 billion. Sin...
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Saudi Investors Barred from FTX's Anthropic Stake Sale Over National Security Concerns AI startup Anthropic will not accept investments from Saudi Arabia in the sale process of 8% of its shares as part of FTX's bankruptcy proceedings. The post Saudi Investors Barred from FTX’s Anthropic Stake Sale Over N...
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Reports: Crypto Is at the Forefront of the Side Job Economy for Argentines Argentines are increasingly turning to online side jobs to have an additional crypto-based income. According to the local press, students who have lower incomes and are affected by the adverse conditions of the national ...
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UN Report: Crypto Crime Provided North Korea up to Half of Its Foreign Currency Income A report issued by a United Nations panel of experts has concluded that cyber crypto heists have provided 50% of the foreign currency income for North Korea since 2017. The report indicated that North Korean actors have ...
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GAIMIN and io.net Agree to Collaborate on the Powering of Cloud Gaming PRESS RELEASE. GAIMIN (.gaimin.io), the world's leader in delivering decentralised data processing power through gaimin.cloud (), and io.net () one of the world's largest Decentralized Physical Infrastructure Network (De...
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Ripple CEO Expects SEC to Lose Against Ethereum, Mirroring XRP Lawsuit Outcome Ripple’s chief executive believes the U.S. Securities and Exchange Commission (SEC) will be unsuccessful in classifying ether as a security, similar to how the agency lost its legal battle, for the most part, against X...
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SatoshiDEX Is Launching the World's First DEX on Bitcoin, Surpassing $5M in Fundraising PRESS RELEASE. SatoshiDEX is a novel Bitcoin trading platform that introduces flexibility and innovative ideas to the blockchain system. It enables users to: Trade tokens on Bitcoin eliminating the need for wrapped asset...
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