#bitcoin
1076 articles found
Latest
The UK court has upheld Craig Wright's appeal, allowing him to maintain in legal proceedings that he is the originator of the Bitcoin white paper.
Wright gained notoriety in 2016 when he professed to be Bitcoin's creator and subsequently sued Bitcoin Core's developers.
While his claims have not been definitively proven, this court ruling enables Craig to continue his legal battles against companies, eliciting laughter across the cryptocurrency community with his antics. 
Contrary to forecasts, the value of Salvadoran bonds rose by 62% after Fitch downgraded the country's credit rating in September 2022. Perhaps the 79% surge in BTC during the same period played a role in this unexpected turn of events.
In 2021, El Salvador declared Bitcoin as legal tender and currently holds 2546 BTC. Despite skepticism from the IMF, the country also allocated $1 billion for the construction of a mining farm with a capacity of 241 MW. Escalating Crypto Scams Opt for Alternatives, Deserting Bitcoin
TRM Labs, a premier blockchain analytics company, has issued its "2022 Illicit Crypto Ecosystem Report," providing an in-depth examination of the various scams prevalent within the cryptocurrency landscape. We take a look at the crucial takeaways. 
Valkyrie's spot Bitcoin ETF application has officially entered the review stage at the U.S. Securities and Exchange Commission (SEC). It comes right after BlackRock's recent submission.
Here's an interesting detail: this ETF has been given the ticker symbol BRRR, a sound crypto enthusiasts often equate with the whir of a money printing machine!
The SEC has a window of up to 45 days (which can be extended to 90 days in special cases) to review Valkyrie's application. BlackRock's Bitcoin ETF May Get the Green Light: Here's Why
If the Securities and Exchange Commission (SEC) greenlights the Bitcoin ETF application from BlackRock, the world's leading investment company with a staggering $10 trillion under management, it could result in a considerable surge in Bitcoin's value and consequently elevate the entire cryptocurrency market. 
The CEO of BlackRock foresees Bitcoin’s dominance!
Larry Fink has expressed his positive outlook on cryptocurrencies and their potential to democratize global investing. In an interview with CNBC’s ‘Squawk on the Street’ on July 14, Fink revealed that an increasing number of BlackRock’s clients are showing interest in digital assets. 
Europe’s First Bitcoin ETF to Finally Launch
After facing significant delays, Europe’s first spot Bitcoin exchange-traded fund (ETF) is expected to launch later this year. Jacobi Asset Management, a London-based multi-asset investment platform, plans to debut its Bitcoin ETF on the Euronext Amsterdam exchange. 
Crypto payments processor Alphapo has reportedly been robbed of at least $23 million in Ethereum, Tron, and Bitcoin, according to blockchain analyst ZachXBT.
The stolen funds on Ethereum were exchanged for ether and then moved to the Avalanche and Bitcoin networks. The exact amount of stolen Bitcoin remains unknown.
Alphapo's client, HypeDrop, has subsequently suspended withdrawals, noting issues with both withdrawals and deposits of BTC, ETH, and TRX. Despite the situation, HypeDrop assured users that their funds remain secure. 
DRC-20 Token Standard: A BRC-20 Clone on Dogecoin?
As the crypto market was getting its bearings following the commotion caused by Bitcoin Ordinals NFT, the BRC-20 standard appeared, enabling the minting of regular tokens on the Bitcoin blockchain. Spotting the opportunity, independent developers associated with Dogecoin quickly incorporated a similar system into their blockchain, giving rise to the DRC-20 standard. 
