Tag: News

GEM Digital Invests $50 Million In ParallelChain Lab’s Mainnet Development | Bitcoinist.com

Bitcoinist

Ahead of ParallelChain mainnet launch, GEM Digital Limited, a digital asset investment, has reportedly invested $50 million into the firm. The investment is targeted at the ParallelChain Lab Layer-1 protocol development project. The blockchain industry keeps growing in strength as Read More

Flynt Launches Industry’s Highest Yield Product on Bitcoin – Press release Bitcoin News

Bitcoin.com

press release PRESS RELEASE. Flynt Finance, the cryptocurrency financial services company based in Singapore co-founded by previous derivatives exchange operators and analysts, launched a platform for crypto structured products last week. The relatively high returns (up to 50% APY) on Read More

MEVbots backdoor drains users’ Ethereum funds via arbitrage trading bot

CoinTelegraph

MEV gain, an Ethereum (ETH) arbitrage trading bot built by MEVbots, which claims to provide stress-free passive income, has been actively draining its users’ funds via a fund-stealing backdoor.  Arbitrage bots are programs that automate trading for profits based on Read More

Forget Sacrificing For The Greater Good, Self-Responsibility Is The Way To A Better Society

Bitcoin Magazine

This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps. Subjective values are no way to enforce objective measures and Read More

U.S Federal Reserve Set To Hike Rates Above 400 BPs – How Will Crypto Market React?

News BTC

The United States Federal Reserve is tightening, and interest rates hike has heavily impacted on the crypto market. Earlier this month, Bloomberg Analyst McGlone said Bitcoin would outperform traditional stocks as interest rates hike. However, to this point, Bitcoin does Read More

South Korea Seizes $184 Million in Crypto Assets From Alleged Tax Dodgers, Reports Reveal – Taxes Bitcoin News

Bitcoin.com

The government in South Korea has seized cryptocurrency worth around $184 million in two years due to tax arrears, according to local media. The authorities in Seoul started confiscating virtual assets from people accused of tax evasion in 2021. Almost Read More

Tornado Cash News: GitHub Repository Back Up, The Lawsuit, And The Hole It Left | Bitcoinist.com

Bitcoinist

We’ll keep discussing the Tornado Cash situation because this is a watershed moment for the cryptocurrency industry. Lines are being drawn. The future of privacy for cryptocurrency-related operations is at stake. One could even say that the future of the Read More

UK Proposes New Law to ‘Seize, Freeze and Recover’ Crypto Assets Easier and Faster – Regulation Bitcoin News

Bitcoin.com

The British government has presented the Economic Crime and Corporate Transparency Bill to Parliament that will “make it easier and quicker” for law enforcement agencies “to seize, freeze and recover crypto assets.” The government stressed: “We must ensure that law Read More