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  • Bitcoin News

    Experts: Defi Thrives Where Banks Falter, Fragmentation a Hurdle

    by skolnes September 18, 2024
    September 18, 2024

    The rise of decentralized finance is particularly strong in regions with weak banking systems, such as Sub-Saharan Africa, Latin America, and Eastern Europe. Experts believe this is because defi offers …

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  • Bitcoin News

    SEC Hits Flyfish Club With Charges for Unregistered NFT Offering

    by skolnes September 18, 2024
    September 18, 2024

    The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities through non-fungible tokens (NFTs), raising $14.8 million for an exclusive …

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  • Bitcoin News

    Binance Rejects Wazirx’s Claims — Denies Responsibility for Hack Consequences

    by skolnes September 18, 2024
    September 18, 2024

    Crypto exchange Binance has responded to accusations from Wazirx and Zettai about how its dispute with Wazirx affects user funds lost in the July cyberattack. The company insists that responsibility …

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  • Bitcoin News

    SEC Takes Action Against Fake Crypto Platforms Using Social Media to Deceive Investors

    by skolnes September 17, 2024
    September 17, 2024

    The U.S. Securities and Exchange Commission (SEC) has cracked down on two crypto investment scams, targeting platforms Nanobit and Coinw6. Involving fake relationships to deceive victims via social media, these …

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  • Bitcoin News

    Bukele States El Salvador Will Self-Finance 2025 Budget, Won’t Issue Even ‘a Cent’ of Debt

    by skolnes September 17, 2024
    September 17, 2024

    President Nayib Bukele revealed that he would present a self-financed budget proposal to the Legislative Assembly of El Salvador, meaning that the government will not issue debt to pay for …

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  • Bitcoin News

    BTC Miner Cathedra Shifts Focus to Bitcoin Acquisition Strategy

    by skolnes September 17, 2024
    September 17, 2024

    Cathedra Bitcoin Inc. has announced a significant shift in its corporate strategy, moving away from bitcoin mining to focus on growing its bitcoin holdings. The company aims to increase its …

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  • Bitcoin News

    Markets Await Fed Decision: Bitcoin Spikes, Gold Drops, Stocks Wobble

    by skolnes September 17, 2024
    September 17, 2024

    Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for federal funds. While …

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  • Bitcoin News

    SEC Fines Prager Metis $1.95M Over Negligent FTX Audits

    by skolnes September 17, 2024
    September 17, 2024

    The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto …

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  • Bitcoin News

    Bitcoin ETFs Rise With $12.9M Gains While Ether ETFs Struggle

    by skolnes September 17, 2024
    September 17, 2024

    According to the latest crypto exchange-traded fund (ETF) data, spot bitcoin ETFs snagged $12.9 million in gains on Monday, while spot ethereum ETFs faced a $9.51 million loss. Bitcoin ETFs …

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  • Bitcoin News

    Trump-Themed Meme Coins Spike Following Former President’s X Interview

    by skolnes September 17, 2024
    September 17, 2024

    After former President Donald Trump and his family introduced World Liberty Financial (WLF) during an X Spaces interview, meme coins inspired by Trump have enjoyed a notable rise in value …

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