Bitcoin

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

BlockFi Says FTX and Three Arrows Don’t Deserve Repayment
BlockFi Says FTX and Three Arrows Don’t Deserve Repayment
August 23, 2023  |  Cryptocurrency

Bankrupt cryptocurrency lender BlockFi said two other failed crypto firms aren’t entitled to its money. In bankruptcy court documents filed this week, the company made arguments about why FTX and Three Arrows...

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BIS: Crypto’s ‘Illusory’ Appeal Puts Emerging Economies at Risk
BIS: Crypto’s ‘Illusory’ Appeal Puts Emerging Economies at Risk
August 23, 2023  |  Cryptocurrency

Have cryptocurrencies achieved their promise? A new Bank for International Settlements (BIS) report argued they haven’t. Cryptocurrency has put emerging market economies (EMEs) at risk, BIS said in...

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Bankman-Fried Survives on ‘Bread and Water,’ Pleads ‘Not Guilty’ to $100 Million Fraud Charges
Bankman-Fried Survives on ‘Bread and Water,’ Pleads ‘Not Guilty’ to $100 Million Fraud Charges
August 22, 2023  |  Cryptocurrency

FTX founder Sam Bankman-Fried is reportedly surviving on “bread and water” in jail as he awaits trial. That’s according to the accused cryptocurrency fraudster’s attorney, who asked...

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Crypto Wallet Connected to Heist Has Collateral Liquidated
Crypto Wallet Connected to Heist Has Collateral Liquidated
August 18, 2023  |  Cryptocurrency

A cryptocurrency wallet connected to a heist of nearly $600 million worth of Binance Coin (BNB) in October reportedly had digital asset collateral totaling $63...

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Crypto Market Sell-Off: Bitcoin Hits Two-Month Low
Crypto Market Sell-Off: Bitcoin Hits Two-Month Low
August 18, 2023  |  Cryptocurrency

Bitcoin, the world’s most valuable cryptocurrency, experienced a significant drop below $26,000 on Thursday, marking its lowest level since June. This decline was part of...

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Binance Connect Shutdown Highlights Crypto’s Ongoing Identity Crisis
Binance Connect Shutdown Highlights Crypto’s Ongoing Identity Crisis
August 17, 2023  |  Cryptocurrency

The year 2022 could not have been better for the world’s largest cryptocurrency exchange, Binance. Crypto markets were coming off an all-time high, and the November...

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Stellar Unveils Open Source Disbursement Platform
Stellar Unveils Open Source Disbursement Platform
August 17, 2023  |  Disbursements

Stellar’s disbursement platform, first developed for people in Ukraine, is now open to the world. The blockchain network announced the launch of the open source...

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Ledger and PayPal Partner to Simplify Crypto Transactions
Ledger and PayPal Partner to Simplify Crypto Transactions
August 16, 2023  |  Cryptocurrency

Ledger, a provider of products and services for handling digital assets, has partnered with PayPal to offer a convenient and secure way for new users to...

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Open Exchange Fined $2.7 Million for UAE Crypto Violations
Open Exchange Fined $2.7 Million for UAE Crypto Violations
August 16, 2023  |  Cryptocurrency

Dubai has fined cryptocurrency firm Open Exchange nearly $3 million for violating its digital asset rules. The country’s Virtual Assets Regulatory Authority (VARA) said in a regulatory notice Tuesday (Aug....

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