Tag: News

US Federal Trade Commission Investigates Marketing Schemes of Crypto Firm Voyager – Bitcoin News

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According to a court document filed recently in the Voyager Digital bankruptcy case, the U.S. Federal Trade Commission (FTC) is investigating the marketing of the crypto firm. Like the U.S. Securities and Exchange Commission (SEC), the FTC has objected to Binance US purchasing Voyager’s assets. FTC’s Objection to Voyager’s Proposed Sale Plan Could Impact Bankruptcy In a filing in bankruptcy court registered on Feb. 22, 2023, the U.S. Federal Trade Commission (FTC) detailed that it is investigating the marketing schemes of the crypto firm Voyager Digital. “The FTC has commenced…

Nodle’s Smartphone-Powered Blockchain Network | Blockchain News

It’s possible that smartphones could become an essential component of blockchain networks, which will enable communication between smart devices in the Internet of Things (IoT) sector of the economy. The company Nodle is the brains behind a connectivity platform that offers customers financial incentives to participate as nodes in an internet of things (IoT) network. The network makes use of Bluetooth connection to rent the computational power, storage space, and Bluetooth capabilities of devices in order to expand the footprint of IoT networks. This is accomplished by taking advantage of…

Bitcoin Soars Over $25K, MEXC (MX) Rockets To All-Time High in 2023 – Press release Bitcoin News

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press release PRESS RELEASE. With Bitcoin surging to reach a new 2023 high, MX has been the top performer in exchange tokens, with a 7-day growth of 32%. Bitcoin’s price rising over $25,000 has sparked a frenzy of activity in the cryptocurrency market. With investors flocking to take advantage of the price gains, the trading volume for top exchanges has significantly increased. As one of the leading exchanges, MEXC announced that its futures business made a significant breakthrough, with an average daily trading volume growth of 1200%. KEY FACTS BTC…

ZenGo’s NFT Hack Detector | Blockchain News

A real-time dashboard has been made available in the OpenSea marketplace by a wallet security team. This dashboard gives community members the ability to identify, track, and monitor possible breaches using nonfungible tokens (NFTs) utilizing offline signatures. The company behind the cryptocurrency wallet ZenGo claims that they have developed an NFT hack detection using a straightforward approach. This involves keeping a record of realized NFT transactions in the NFT marketplace and comparing the amount of each trade to the floor price of the NFT collection. It will be detected as…

BIS General Manager Casts Doubt on Stablecoins, Claiming Tokens Do Not Benefit From Regulations or Central Planning – Bitcoin News

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According to Agustin Carstens, the head of the Bank for International Settlements (BIS), cryptocurrencies have lost the “battle” against fiat currencies issued by the world’s central banks. While speaking at the Monetary Authority of Singapore on Wednesday, Carstens stressed that stablecoins are not reliable because they lack the “institutional arrangements and social conventions behind them.” Agustin Carstens Insists Cryptocurrencies Lost the ‘Battle’ to Fiat Currencies Agustin Carstens, the general manager of the Bank for International Settlements (BIS), believes that cryptocurrencies have lost the battle against national currencies such as the…

LTC Snaps Losing Streak, SOL Moves 7% Lower – Market Updates Bitcoin News

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Litecoin snapped a four-day losing streak on Feb. 22, despite cryptocurrency markets mostly trading lower. The token rose for the first time since Saturday’s session, when prices were above $100.00. On the other hand, solana extended recent declines, falling by as much as 7%. Litecoin (LTC) Litecoin (LTC) ended a four-day losing streak on Wednesday, as prices moved away from a recent support zone. LTC/USD rose to an intraday high of $95.36 earlier in today’s session, which comes 24 hours after falling to a low of $92.48. Since hitting a…

Litecoin Network Adopts Ordinal Inscriptions, Following Bitcoin’s Lead – Technology Bitcoin News

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Following a growing trend of Ordinal inscriptions on the Bitcoin blockchain, the technology has been ported to the Litecoin network, and the number of onchain Litecoin inscriptions has surpassed 13,000. Software developer Anthony Guerrera made Ordinal inscriptions on the Litecoin network possible by receiving 22 Litecoin to port the technology to the proof-of-work (PoW) blockchain. Digital Collectibles Are Now Possible on Litecoin Proponents of the cryptocurrency network Litecoin (LTC) were pleased to hear that Ordinal inscriptions are now possible on the network. Software developer Anthony Guerrera accepted a challenge to…

BTC Falls Below $24,000 Ahead of FOMC Minutes  – Market Updates Bitcoin News

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Bitcoin extended recent declines on Feb. 22, as markets prepared for the release of the latest Federal Open Market Committee (FOMC) minutes. Following a recent move to a multi-month high, prices have slipped, with traders instead protecting profits. Ethereum has also declined, however remains above the $1,600 mark. Bitcoin Bitcoin (BTC) extended recent declines on Wednesday, as markets began to anticipate the upcoming FOMC minutes report. Today’s report will shed light on the Federal Reserve’s current view of the U.S. economy, in light of last month’s 25-basis-point hike. As a…

Paraguay to Become Top Bitcoin Mining Hub in Latam According to Insight Group – Mining Bitcoin News

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Paraguay, one of the smallest countries in Latam, has the conditions needed to become the next Bitcoin mining hub in the region, according to mining insight group Hashrate Index. The company notes there are many elements in favor of Paraguay, including the abundance of clean hydroelectric power sources. However, the stance that the government has taken toward cryptocurrency mining could slow this growth process. Paraguay Has All the Elements to Become a Bitcoin Mining Power in Latam, According to Insight Group Paraguay, a country not especially known for its crypto…

Mr․ Satoshi Is The New Premium Bitcoin Apparel Store You Do Not Want to Miss – Sponsored Bitcoin News

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sponsored A new player has entered the Bitcoin apparel market and is quickly making a name for themselves. Founded by Bailey Jakob, an Australian-born entrepreneur and Bitcoin enthusiast, Mr. Satoshi has quickly become the go-to brand for high quality and professionally designed Bitcoin clothing. Mr. Satoshi is a new U.S. based premium Bitcoin apparel store that is making waves throughout the Bitcoin community with their high quality & luxuriously designed Bitcoin apparel. Mr. Satoshi launched on January 4th and in their first month, saw more than 20,000 individual visitors to…