Coinbase has been hit with a flood of lawsuits after it recently disclosed its user data was breached, with users accusing the crypto exchange of mishandling the incident. At least six lawsuits were filed against Coinbase between May 15 and May 16, which all made various claims that the exchange failed to keep stringent security […]
Coinbase has been hit with a flood of lawsuits after it recently disclosed its user data was breached, with users accusing the crypto exchange of mishandling the incident. At least six lawsuits were filed against Coinbase between May 15 and May 16, which all made various claims that the exchange failed to keep stringent security […]
A recent proposal that aims to change Bitcoin’s base unit to make it easier to understand as a payment tool has run into opposition, with critics saying Bitcoin’s satoshis are no more confusing than the dollar’s cents. Bitcoin developer John Carvalho introduced Bitcoin Improvement Proposal-177 on April 23, which seeks to eliminate the concept of […]
Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced the acquisition of an additional 1,004 bitcoin, increasing its total holdings to 7,800 BTC. The latest purchase was made at an average price of 15,134,304 yen per bitcoin, amounting to a total investment of approximately […]
Russian law enforcement has arrested the co-founder of the crypto game Blum in Moscow as part of a criminal investigation into large-scale fraud. Smerkis Steps Down as Blum CMO Russian law enforcement arrested Vladimir Smerkis, co-founder of the crypto game Blum, in Moscow as part of a criminal investigation into large-scale fraud. The announcement of […]
Ripple reaffirmed its commitment to the global crypto ecosystem during the Dubai Fintech Summit, where Ripple President Monica Long engaged with Sheikh Ahmed bin Saeed Al Maktoum. Praising Dubai’s role in the digital economy, Long stated: “We continue to be impressed with the leadership demonstrated by Dubai as it establishes itself as one of the […]
Bitcoin has notched its highest-ever weekly close as crypto market momentum continues and the cryptocurrency is again nearing its all-time high. Bitcoin (BTC) has closed at a weekly gain for the past six weeks in a row, and its most recent close at midnight UTC on May 18 was its highest weekly close ever at […]
An Australian man from the state of Queensland has forfeited Bitcoin, a waterfront mansion and a Mercedes-Benz car after Australian Federal Police claimed the assets could be linked to the proceeds of crime. The AFP-led Criminal Assets Confiscation Taskforce (CACT) said in a May 18 statement that it seized nearly 25 Bitcoin (BTC), alongside the […]
Corporate treasuries could spark an economic revolution as bitcoin accumulation strategies reshape capital allocation and production profitability worldwide. From Holding BTC to Selling Operations, a Corporate Strategy Path Outlined by Bitcoin Advocate Bitcoin advocate Pierre Rochard, CEO of the Bitcoin Bond Company, outlined a vision for corporate treasury strategy on Saturday via social media platform […]
Bitcoin is entering a pivotal 15–20 year phase of dominance, poised to outperform traditional assets as it matures into the most investable macro store of value globally, a top analyst explained. Bitcoin’s Long Arc Is Set—And Almost No Public Asset Will Keep Up Analyst Willy Woo shared an analysis of bitcoin’s growth prospects on Sunday, […]
Bitcoin reached a peak of $107,115 per coin on Sunday evening at approximately 8 p.m. Eastern time, notching a 3.5% gain against the U.S. dollar. At this valuation, the premier digital asset exceeds the worth of a full kilogram of .999 fine gold, equivalent to 33 troy ounces. Trading at $106,508 per coin at present, […]
Ethereum may have reached a pivotal turning point against bitcoin, signaling the potential start of an “Alt season,” according to a recent Cryptoquant report. The ETH/ BTC price ratio surged 38% last week after hitting its lowest level since January 2020, with onchain data suggesting reduced selling pressure and growing institutional demand for ether. Breaking […]