Bitcoin News Feed
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‘Globalist Power Is No Longer a Moral Authority’: Amir Taaki Responds to Samourai Charges
Bitcoin News - 28 April 2024, 5:29 pmIn an era increasingly defined by surveillance and oversight, Amir Taaki stands out as a key figure in the Bitcoin movement, sounding a clarion call for crypto awareness following the indictment of Samourai Wallet. Taaki’s latest initiative, “Darkfi,” seeks to pioneer a completely anonymous platform for collaborative fundraising and distribution,…Read More
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Liquid Staking Platforms See 60,000 ETH Outflow in 2 Weeks; Lido Dominates Reductions
Bitcoin News - 28 April 2024, 3:31 pmIn the last two weeks, liquid staking derivative (LSD) protocols have experienced a decline of 60,000 ether valued at over $198 million, with Lido accounting for 40,000 of the ETH withdrawn. LSD Sector Snapshot: $198 Million Ether Withdrawn in 2 Weeks Liquid staking has been witnessing a decrease; on April…Read More
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Japanese Yen Tumbles to 34-Year Low Against Soaring US Dollar
Bitcoin News - 28 April 2024, 2:22 pmThis week, the Japanese yen plummeted to its lowest point since 1990 against the U.S. dollar, weighed down by Japan’s monetary policy and uncertain economic indicators from the United States. Japanese Yen’s Rapid Decline Triggers Talk of Market Intervention The yen’s sharp drop to 158.283 per dollar signals a substantial…Read More
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Financial Squeeze Tightens for Bitcoin Miners as Earnings Continue to Fall
Bitcoin News - 28 April 2024, 1:17 pmOn Friday, Bitcoin’s hashprice was $56.95 per petahash per second (PH/s), but by Sunday, it had dropped to $51.66 per petahash. Over the last 100 blocks, bitcoin miners averaged about 3.55 BTC for each block they mined, indicating that bitcoin miners are receiving less than half a BTC per block…Read More
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Dimon Doubles Down on Bitcoin Dislike, SBF to Aid Legal Action Against Celebrities, and More — Week in Review
Bitcoin News - 28 April 2024, 12:11 pmJPMorgan Chase CEO Jamie Dimon has reiterated his critical stance on bitcoin, labeling it a fraud and dismissing its potential as a legitimate currency. Former FTX CEO Sam Bankman-Fried has agreed to a settlement that involves cooperating with legal actions against celebrities linked to FTX’s collapse. U.S. analysts are evaluating…Read More
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Nigerian Currency Reverses Early April Gains, Depreciating by 12% in Seven Days
Bitcoin News - 28 April 2024, 8:39 amThe Naira recently depreciated by 12% in just seven days, thus shedding all the gains it made against the U.S. dollar in early April. Local media reports attribute the volatile naira’s latest drop to the growing mismatch between the supply and demand of foreign exchange. Demand and Supply Mismatch Just…Read More
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FBI Warns Against Using Unregistered Cryptocurrency Money Transmitting Services
Bitcoin News - 28 April 2024, 5:36 amThe Federal Bureau of Investigation (FBI) has issued a warning about using unregistered cryptocurrency money transmitting services that fail to comply with U.S. anti-money laundering laws. The agency has provided tips for the public to protect themselves, advising them to avoid providers that do not require Know Your Customer (KYC)…Read More
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Rich Dad Poor Dad Author Robert Kiyosaki Declares US Economy in a Depression
Bitcoin News - 28 April 2024, 1:45 amRich Dad Poor Dad author Robert Kiyosaki has issued a stark warning that the U.S. economy is currently in a depression. He points to the subpar economic growth, with a 3.4% increase in GDP for Q4 2023 and a 1.6% rise in Q1 2024 as clear indicators. Kiyosaki asserts that…Read More
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DOJ Counters Motion to Dismiss Charges Against Tornado Cash Developer
Bitcoin News - 27 April 2024, 11:31 pmIn a notable development, the U.S. Department of Justice (DOJ) has countered a motion to dismiss the criminal charges against Roman Semenov, a developer of the cryptocurrency mixing service Tornado Cash, highlighting the alleged strength of its case in a recent court submission. Prosecutors Assert Strong Evidence Is Coming in…Read More
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Scammers Trick Crypto Users With Faked USDT Balances, Slowmist Reports
Bitcoin News - 27 April 2024, 11:20 pmSlowmist, teaming up with Imtoken, has exposed a new cryptocurrency scam exploiting offline transactions and using USDT, where scammers manipulate Ethereum RPC to falsify USDT balances in the victim’s wallet. The con artists coax victims into changing their Ethereum RPC URL to one they control, making it appear as though…Read More