Category: News

FTX Increases Trump Futures Margins Before the Election, Biden Futures Lead by 64%

FTX Increases Trump Futures Margins Before the Election, Biden Futures Lead by 64%At the beginning of the year, the trading platform FTX Exchange launched a futures market so people can bet on the U.S. election and created a futures contract token called TRUMP. On Friday, FTX revealed that the exchange is lifting the initial margin requirements to $0.50 for its TRUMP token contracts. Individuals who don’t live […]

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Dutch Police Seize $33 Million in Bitcoin from Couple Accused of Money Laundering

Dutch Police Seize $33 Million in Bitcoin from Couple Accused of Money LaunderingProsecutors from the Netherlands have seized 2,532 bitcoins worth $33 million after a couple was convicted of money laundering by the Rotterdam District Court. The man and his wife were sentenced to two years for illegal money transmission and the court claims the couple’s bitcoin stash was used on the deep web. Dutch officials recently […]

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KPMG Expands Crypto Management Suite to Boost Institutional Adoption

KPMG’s cryptocurrency management suite has expanded with the company’s integration of Coin Metrics’ products. KPMG’s new tools are “designed to enable the increasing institutional adoption of cryptoassets.” KPMG Enhances Its Crypto Management Suite KPMG LLP announced Tuesday that it has formed a strategic alliance with the crypto market and network data provider Coin Metrics Inc. […]

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Microstrategy CEO Personally Owns $240 Million in Bitcoin — Company BTC Profit Outshines Other Earnings

Microstrategy CEO Personally Owns $240 Million in Bitcoin — Company BTC Profit Outshines EarningsFollowing a $425 million bitcoin purchase by his billion-dollar company, Microstrategy CEO Michael Saylor reveals that he personally owns about $240 million in bitcoin. Meanwhile, his company’s bitcoin gains have outperformed the company’s other earnings. Microstrategy and Its CEO Are Both Bitcoin Hodlers The CEO of the billion-dollar company Microstrategy, Michael Saylor, has revealed his […]

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Yearn Finance Founder Andre Cronje’s New Defi Token KP3R Soars 3,600% 24 Hours After Launch

Yearn Finance founder Andre Cronje’s new defi token called KP3R has soared more than 3,600% in just over 24 hours after official launch, as yield farmers pour in millions of dollars into the project. The token opened at just $10 on Uniswap on Oct. 28, but is currently trading at $373.58, as of press time. […]

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Kraken CEO: ‘Defi Scams’ Must Take Their Losses as Way to ‘Enlightenment’

Kraken CEO: 'Defi Scams' Must Take Their Losses as Way to 'Enlightenment'Jesse Powell, chief executive officer of the world’s fourth-largest crypto exchange Kraken, has criticized decentralized finance (defi) projects, accusing them of being “scams” that enter the market too quickly, unprepared. In a charged Oct. 26 tweet, Powell said the “scams” should not expect crypto exchanges to bail them out once things go wrong. Preferring to […]

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Report: 55% of US Investors Show Interest in Bitcoin Investment, Covid-19 Catalyst to Changing Preferences

Report: 55% of US Investors Show Interest in Bitcoin Investment, Covid-19 Catalyst to Changing PreferencesA recent survey study reveals that more than half of U.S. investors (55%) have an interest in investing in bitcoin, a figure which is 19 percentage points higher than that of last year. This translates to a potential U.S. market of nearly 32 million bitcoin investor households. According to the study’s findings, this increase reflects […]

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5,000 Bitcoin ATMs Add Cash-Out Option: Libertyx Sees Strong Adoption

5,000 Bitcoin ATMs Add Cash-Out Option: Libertyx Sees Strong AdoptionLibertyx has added a cash-out option to its 5,000 bitcoin ATMs. The CEO says this addition triples the number of bitcoin ATMs that allow users to cash out their bitcoin. He shares his business model with news.Bitcoin.com, providing insight into the bitcoin ATM usage trends he is seeing. 5,000 Bitcoin ATMs Now With Cash-Out Option […]

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After Praising Bitcoin, JPMorgan Pushes JPM Coin, Sets Up Dedicated Crypto Unit

After Praising Bitcoin, JPMorgan Pushes JPM Coin, Sets Up Dedicated Crypto UnitJPMorgan Chase has revealed that its own JPM Coin is now being used commercially by a large tech company. The company has set up a dedicated crypto business unit with a focus on cross-border payments. This news follows a group of JPMorgan analysts praising bitcoin as an alternative investment to gold. JPMorgan’s Crypto Now Used […]

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Trump’s Website Hacked, Scam Asked Crypto Owners to Decide Fate of ‘Classified Information’

Trump's Website Hacked, Scam Asked Crypto Owners to Decide Fate of 'Classified Information'President Donald Trump’s campaign website was reportedly hacked Tuesday evening. Hackers claim to have “classified information” about Trump and the origin of the coronavirus. They asked crypto users to decide whether the information should be released or kept secret. Tim Murtaugh, Director of Communications for Trump’s 2020 reelection campaign, confirmed in a tweet: Earlier this […]

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The $750 Million Pre-Halloween Bitcoin Options Expiry Has Started to Spook Traders

The $750 Million Pre-Halloween Bitcoin Options Expiry Has Started to Spook TradersEven though cryptocurrency traders have been exuberant over the price rise, a number of analysts are focused on the large bitcoin and ethereum options expiries set to end before Halloween. Data from Skew.com shows $750 million in Bitcoin options is set to expire and prices could get volatile. The price of bitcoin (BTC) touched an […]

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Southeast Asia’s Largest Bank DBS Plans to Launch a Cryptocurrency Exchange

Southeast Asia's Largest Bank DBS Plans to Launch a Cryptocurrency ExchangeThe Singaporean multinational banking and financial services corporation DBS published an announcement revealing it was launching a cryptocurrency exchange. The announcement was later removed by the company but crypto proponents have learned about the upcoming support for assets like bitcoin, ethereum, and bitcoin cash. DBS Bank Ltd is Southeast Asia’s largest bank in terms of […]

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Onchain Data Shows Rising Bitcoin Whale Index Surpassing 4-Year High

Onchain Data Shows Rising Bitcoin Whale Index Surpassing 4-Year HighOnchain analytics from the research and analysis firm Glassnode shows that the number of bitcoin whales (addresses with at least 1,000 bitcoins) has surpassed 1,900 clusters. The number of network participants in terms of 1,000 coin whales hasn’t been this high since 2016. Seven-day trailing statistics for the number of whales (addresses with balance ≥ […]

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The Many Facts Pointing to John Nash Being Satoshi Nakamoto

The Many Facts Pointing to John Nash Being Satoshi NakamotoSix years ago, a number of theories spread across the internet that claimed the famed American economist and mathematician John Forbes Nash Jr. was Satoshi Nakamoto. There’s a bunch of circumstantial evidence that has invoked some research into the possibility that Nash could have been Bitcoin’s creator. The following editorial is the ninth installment of […]

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Kevin Hart Learns Bitcoin Is a Legit Investment, Not ‘Voodoo Money’ in an All-Star Telethon

Kevin Hart Learns Bitcoin Is a Legit Investment, Not 'Voodoo Money' in an All-Star TelethonPopular actor Kevin Hart gave bitcoin a boost this weekend during an all-star telethon to benefit the Muscular Dystrophy Association (MDA). Hart told viewers that cryptocurrency is a legitimate investment right after he called it “voodoo money.” Kevin Hart Shouts Out About Bitcoin and Cryptocurrency American comedian, Hollywood actor, and producer Kevin Hart shouted out […]

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Defi Protocol Harvest Finance Hacked for $24 Million, Attacker Returns $2.5 Million

Defi Protocol Harvest Finance Hacked for $24 Million, Attacker Returns $2.5 MillionDecentralized finance (defi protocol) Harvest Finance was hacked on Monday for $24 million. The attacker targeted the protocol’s liquidity pools, performing an arbitrage attack using a large flash loan – a type of uncollatarized loan – but later returned $2.5 million. In seven minutes, the hack was complete. Harvest Finance revealed that the hacker “manipulated […]

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Hash Watch: 73% of Bitcoin Cash Blocks Mined With BCHN, Poloniex Launches Fork Futures

Hash Watch: 73% of Bitcoin Cash Blocks Mined With BCHN, Poloniex Launches Fork FuturesThe Bitcoin Cash (BCH) upgrade is 21 days away and there’s a possibility the blockchain may bifurcate on November 15. On Sunday, October 25, statistics show that 731 out of the last 1,000 blocks have been mined using the BCHN full node software. Bitcoin Cash proponents are patiently waiting for the next BCH upgrade that’s […]

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How Hackers Exploited Twitter’s VPN Problems, Obtained God Mode and Took Over Accounts

How Hackers Exploited Twitter's VPN Problems, Obtained God Mode and Took Over AccountsAn investigation by the New York State Department of Financial Services has revealed how the great Twitter hack in July happened. A total of 130 high-profile, celebrity accounts were compromised and many were used to tweet about a bitcoin giveaway scam. How Twitter Was Hacked The New York State Department of Financial Services (NYDFS) released […]

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Kanye West: Bitcoiners Know the True Liberation of America and Humanity

Kanye West: Bitcoiners Know the True Liberation of America and HumanityU.S. presidential candidate Kanye West professed his respect for bitcoiners during a podcast interview with Joe Rogan. He says bitcoiners “really have a perspective on what the true liberation of America and humanity will be.” Kanye West and Bitcoin Kanye West is one of the world’s best-selling musicians, having sold over 140 million records worldwide. […]

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Billionaire Paul Tudor Jones Sees Massive Upside in Bitcoin, Like Investing in Apple or Google Early

Billionaire Paul Tudor Jones Sees Massive Upside in Bitcoin, Like Investing in Apple or Google EarlyAmerican billionaire hedge fund manager Paul Tudor Jones has recently become more bullish on bitcoin. He declared the cryptocurrency the best hedge against inflation and compares investing in bitcoin now to investing in early tech stocks, like Apple and Google. “I think we are in the first inning of bitcoin and it’s got a long […]

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Voyager Digital Buys European Crypto Exchange Focused on Institutional Investors

Voyager Digital Buys European Crypto Exchange Focused on Institutional InvestorsCrypto-asset broker Voyager Digital Ltd is buying LGO Markets, a French cryptocurrency exchange focused on corporate investors. The two firms will merge under one brand, Voyager, and their two separate native tokens, VGX and LGO, will also merge. The deal grants Voyager, a Canadian Securities Exchange-listed (CSE) firm, access to the European retail market through […]

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