A federal judge in Texas ordered the head of a South African company to pay USD 3.4 billion for what US commodities regulators say is the largest fraud case involving bitcoin. Cornelius Johannes Steynberg was ordered to pay USD 1.7 billion in compensatory damages to victims of the fraud scheme and another USD 1.7 billion […]
Trust Wallet, one of the largest independent and multi-chain custodial wallets, has announced a partnership with Web3Auth to allow users to seamlessly log in and access Web3 services using their existing social login credentials, in addition to other security factors. This collaboration marks another step towards improving user experience and accelerating mass adoption of Web3. […]
Says Crypto Winter is Over, Standard Chartered Researcher Optimistic Bitcoin (BTC) Can Touch US$100,000 in 2024 A researcher from Standard Chartered said that the crypto winter is over. According to him, it is likely that Bitcoin (BTC) will touch the price of US$100,000 by the end of next year. According to a report from Geoff […]
Since January 2023, the number of tether stablecoins in circulation has increased from 66 billion to the current 80.9 billion, representing more than 22% growth this year. Tether’s growth is approaching the all-time high of $83 billion stablecoins in circulation that the project reached almost a year ago, in May 2022. Tether Supply Nearing an […]
Since the price of bitcoin rose above the $30,000 range for the first time in ten months, worldwide Google Trends data shows the search term “bitcoin” has reached a score of 93 out of 100 in the last seven days. According to Bitcoin.com, a Google Trends (GT) score of 100 indicates the peak popularity of […]
Bitcoin has been legal tender in El Salvador for three years, but people are currently using it less than they did in 2022, at least for remittances. Remittances in Bitcoin and other cryptocurrencies sent to El Salvador fell 17.8 percent during the first two months of 2023 compared to 2022, according to the latest data […]
Solana Labs Inc, the company behind the Solana blockchain ecosystem, announced that their smartphone called Saga will be available for purchase on May 8, 2023, with pre-orders on April 20, 2023. Reporting from Bitcoin.com, through the Solana Mobile Twitter account, this smartphone aims to modernize the way people interact with their digital assets to increase […]
The Group of Seven (G7) advanced economies will consider how best to help developing countries introduce central bank digital currencies (CBDCs) consistent with appropriate international standards, Japan’s top currency diplomat Masato Kanda said on Tuesday, April 11, 2023. The move will be one of the main themes of Japan-led G7 discussions this year, as part […]
The EOS Foundation has announced the launch of the Ethereum Virtual Machine for Solidity developers. This will enable interoperability between the two largest networks in the market. The EOS Network will accelerate its growth by using open source code libraries and tools already available in the Ethereum ecosystem. Ethereum developers will also benefit from the […]
ETH withdrawals are now possible. The Shanghai Ethereum upgrade has been successfully implemented, enabling the withdrawal of staked ETH and effectively completing the network’s years-long transition to proof-of-stake. Last September, Ethereum successfully executed its much-anticipated merge event, which changed the way ETH is created and how transactions on the Ethereum network are validated. The upgrade […]