A man acting as a Chase Bank employee almost cost an elderly woman $40,000 An ongoing scam by a person claiming to be a Chase Bank employee was thwarted after a White Settlement, Texas, police officer intercepted the con as it was developing. The incident involved an elderly woman who was seen trying to deposit
Interest in cryptocurrency investments continues to gain ground Bitcoin exchange-traded derivatives are investment products that follow the price or give BTC more exposure and have recently exceeded one million in global Bitcoin reserves. The 11 ETFs have used up 855,619 Bitcoin since spot Bitcoin ETFs first became available in the US in January 2024, earning
The solution is another way decentralized finance is gaining momentum Liquid staking protocol pStAKE Finance has disclosed its staking solution for Bitcoin in the latest evolution of Bitcoin-based decentralized finance (DeFi). pSTAKE Finance’s Binance Labs-backed solution, constructed using Babylon’s Bitcoin staking protocol, seeks to simplify the Bitcoin staking process and offer more earnings opportunities for Bitcoin investors.
The firm’s outgoing boss was opposed to cryptocurrency, but his replacement could change the game Former Blackrock executive Salim Ramji has been announced as the new CEO of asset management firm Vanguard. Ramji was the Global Head of iShares and Index Investments at Blackrock and a member of the firm’s Global Executive Committee. Ramji supervised BlackRock’s recent launch
Over 1.6 million Bitcoin purchased were registered as crypto adoption increases Bitcoin’s (BTC) journey as a decentralized digital currency has been revolutionary, and its latest achievement is a testament to its growing acceptance and utility in the global economy. On April 23, the Bitcoin network set a new record by processing 1.6 million confirmed payments within a single day.
The miner was the only one to validate the block, leading to the reward Against all odds, a lone Bitcoin miner has successfully solved a Bitcoin block, earning the entire block reward of 3.125 Bitcoin. At today’s price, that’s around $196,000. Congratulations to miner 365ughTgK9Q7rXXTM7vubqy1awZ2AZJijP for solving the 282nd solo block solved at https://t.co/UWgBvLkDqc with a
The company allegedly provided false information about the scope of its operations In a lawsuit filed by the US Securities and Exchange Commission (SEC), Geosyn Mining and its co-founders have been accused of defrauding investors by falsely claiming the number of crypto mining rigs in their possession while misappropriating customer funds for personal use, resulting
The halving went off without a glitch on April 20 Bitcoin underwent its fourth halving event after the 840,000th block was mined on April 20, reducing mining rewards by 50%. Now, Bitcoin miners started to receive 3.125 BTC per mined block, down from the previous award of 6.25 BTC. Bitcoin halving is an ongoing protocol process that occurs with
Long-time claims of being the man who started the cryptocurrency craze are invalidated BitMEX Research reports that UK Judge James Mellor has ruled that Carl Wright is not the pseudonymous Bitcoin creator Satoshi Nakamoto in his declaration on March 14. Closing arguments in the suit filed by the Crypto Open Patent Alliance (COPA) against Wright
Crypto fans could soon see crypto exchange-traded notes on the London Stock Exchange The London Stock Exchange (LSE) has revealed that it will begin accepting applications for Bitcoin and Ether cryptocurrency exchange-traded notes (ETNs) in the second quarter of 2024. The exchange confirmed on March 11 that applications following guidelines specified in its Crypto ETN
Bitcoin continues to gain traction this year, leading to significant retail activity Bitcoin spot trading volume recorded its biggest day in over a year on March 5, as centralized exchanges reported a combined daily volume of $46.26 billion, meaning that more retail investors have begun purchasing the cryptocurrency. After its recent yearly high, Bitcoin spot
The government is moving cryptocurrency it seized in the wake of the Bitfinex hack The US government has transferred $922 million in Bitcoin from two crypto wallets that maintained the funds seized after the Bitfinex platform was hacked in 2016. The transfers happened on the same day Bitcoin surpassed $60,000 on February 28, the first
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