Bitcoin News Feed
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Coin Center Warns of DOJ Overreach in Tornado Cash, Samourai Wallet Cases
Bitcoin News - 30 April 2024, 7:35 pmThe recent actions by the Department of Justice (DOJ) against non-custodial crypto wallet developers have sparked controversy and concern within the cryptocurrency community. According to Coin Center, these charges mark a significant shift from previous U.S. policies regarding money transmission, potentially impacting the liberty and privacy rights of developers and…Read More
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Former Binance Boss Changpeng Zhao Sentenced to 4 Months in Jail
Bitcoin News - 30 April 2024, 7:09 pmOn Tuesday, April 30, 2024, Changpeng Zhao (CZ), formerly the CEO of Binance, was sentenced in a Seattle courtroom for his compliance failures at the cryptocurrency exchange. The sentencing was first covered by Nikhilesh De and Danny Nelson of Coindesk, who reported directly from the courthouse. Per Nikhilesh De’s X…Read More
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Russia to Enact a Ban on Domestic Operations Of Cryptocurrency Exchanges
Bitcoin News - 30 April 2024, 5:12 pmRussia is preparing to enact a ban on the organization of cryptocurrency exchanges in the country via the approval of a bill that regulates mining activities. According to statements made by Russian Duma Financial Market Chairman Anatoly Aksakov, digital financial assets like the digital ruble will be allowed to circulate.…Read More
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Bitcoin’s 61-Day Streak Above $60K Threatened, $271M in Liquidations as BTC Nears Critical Threshold
Bitcoin News - 30 April 2024, 3:36 pmBitcoin prices experienced a notable decline on Tuesday, dropping more than 2% against the U.S. dollar in the last 24 hours, following a 7.8% decrease over the previous week. Global trading volumes on spot crypto exchanges have remained subdued, and in the past day, derivatives exchanges saw $271 million in…Read More
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B2BinPay Celebrates One Year of Partnership With Athletic Club
Bitcoin News - 30 April 2024, 2:15 pmPRESS RELEASE. B2BinPay, a leading provider of cryptocurrency payment solutions, is thrilled to commemorate the one-year anniversary of its partnership with the Athletic Club. As a proud sponsor for the 2023/2024 La Liga season, B2BinPay has been instrumental in supporting the Athletic Club’s journey, contributing to numerous milestones. This collaboration…Read More
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Iris Energy Boosts Hashrate to 9 EH/s Amid Declining Bitcoin Miner Earnings
Bitcoin News - 30 April 2024, 2:07 pmThis week, the Nasdaq-listed bitcoin miner Iris Energy Limited announced it has boosted its hashrate to 9 exahash per second (EH/s) and aims to reach 10 EH/s in the coming month. This development follows the network’s fourth halving and occurs amid a period when Bitcoin’s hashprice has significantly declined, exerting…Read More
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HK vs. US: China AMC Leads but Can’t Lift Hong Kong Spot Bitcoin ETFs to US Levels
Bitcoin News - 30 April 2024, 12:26 pmHong Kong’s debut of six spot bitcoin and ethereum exchange-traded funds (ETFs) garnered HK$87.5 million ($11 million) on their first day, April 30. However, these ETFs underperformed compared to their U.S. counterparts, which had attracted a much larger sum of $4.6 billion on their initial day. Despite High Hopes, Hong…Read More
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Fear of Impermanent Loss: Though ‘Overstated,’ It Has Impacted Participation in Liquidity Pools, Says Mehdi Lebbar
Bitcoin News - 30 April 2024, 11:20 amAlthough decentralized finance (defi) continues to evolve, it is being perceived as the domain of a select few, Mehdi Lebbar, the co-founder of the investment platform Exponential, says. However, he argues that defi protocols can alter this perception by emphasizing user education. Lebbar contends that regular educational newsletters, explainer videos,…Read More
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Ripple and Hashkey DX Partner to Boost Blockchain Supply Chain Solutions in Japan
Bitcoin News - 30 April 2024, 10:16 amRipple has teamed up with Tokyo-based consulting firm Hashkey DX to bring XRP Ledger (XRPL) blockchain solutions to the Japanese market, aiming to revolutionize enterprise blockchain use cases in Japan, primarily through supply chain solutions. This strategic partnership will leverage Hashkey DX’s expertise to develop and implement these solutions, in…Read More
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Bitcoin.org Owner Cobra Warns About Illegalization of Bitcoin Self-Custody in the US
Bitcoin News - 30 April 2024, 8:31 amCobra, the pseudonymous owner of the Bitcoin.org domain, has voiced concerns about future actions from the U.S. government regarding bitcoin ownership. He anticipates a possible ban on the self-custody of bitcoin even when its application and enforcement might be impractical. Bitcoin.org Owner Cobra: Bitcoin’s Self-Custody Might Be in Danger in…Read More