Bitcoin (BTC), along with other cryptocurrencies, has provided people with a venue to earn passive income, making money without any active involvement. One doesn’t need to take unnecessary trading risks or spend time reading and analyzing reams of information. While the concept of passive earning isn’t new, cryptocurrency has undoubtedly added new dimensions to it. Concepts like compounding interest or…
Month: October 2022
Kazakhstan grants Binance permanent license to offer digital asset services
After a build-up of multiple memorandums of understanding (MoU) and an initial “in-principle” approval to operate in Kazakhstan, Binance received a permanent license to operate in the country. As of Oct. 6, the Republic of Kazakhstan’s AIFC Financial Services Authority (AFSA) granted the permanent license to both manage a digital asset platform and provide custody services at the Astana International…
Bitcoin beats out shorts as BTC price attempts to crack $20.5K
Bitcoin (BTC) reclaimed and held $20,000 into Oct. 6 as the latest rebound punished short speculators. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin preserves “important” $19,600 zone Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing from local lows of $19,740 on Bitstamp around the Oct. 5 Wall Street open. The pair then reversed prior losses, leading early…
SUSHI Jumps 14% After Asset Manager GoldenTree Reveals $5.3M Stake in SushiSwap
Global asset management firm GoldenTree revealed a $5.3 million token stake in decentralized exchange (DEX) SushiSwap, with the SUSHI token soaring 13% as bullish investors piled in. GoldenTree has around $50 billion in assets under management and said it had been “following SushiSwap for a while.” The asset managers recently launched their crypto-focused GoldenChain Asset Management division and said they…
Enterprise-Grade Digital Asset Management, for Everyone – Press release Bitcoin News
press release PRESS RELEASE. Since the last product offering comparison with Fireblocks, Unido has now successfully launched the EP self-custody multi-wallet, powered by Multi Party Computation (MPC) technology. Unido EP represents a first to market for a fully decentralized, distributed private key management solution, which is packaged in a lightweight turnkey DApp (available on Appstore and Google Play) and web…
Bitcoin can solve the DeFi onboarding crisis, argues exec
As the decentralized finance (DeFi) space remains plagued with hacks, people have become less interested in jumping in and engaging with DeFi. But according to Dennis Jarvis, the CEO of Bitcoin.com, there is a way for DeFi adoption to move forward through Bitcoin (BTC). In a keynote speech at the Blockchain Economy Dubai Summit 2022, Jarvis pointed out that massive…
Cryptocurrency as Money — Store of Value or Medium of Exchange? – Op-Ed Bitcoin News
**The following article was written by Kristoffer Mousten Hansen and Karras Lambert and published on September 28, 2022. Cryptocurrency as Money — Store of Value or Medium of Exchange? was originally published on mises.org. The opinions expressed in this article are the authors’ own. Bitcoin.com is not responsible for or liable for any opinions, content, accuracy or quality within the…
South Korean foreign ministry orders Do Kwon to return his passport
South Korea’s Ministry of Foreign Affairs on Wednesday issued an order for Terraform Labs CEO Do Kwon to surrender his passport. The fugitive co-founder must hand over his Korean passport to authorities within 14 days of the said order. A failure to comply with the order will result in the cancellation of his passport altogether. The official order also warned…
Water Labbu Malware Targets Scammers to Steal Their Ill-Gotten Crypto
It’s a dog-eat-dog world for crypto scammers. New reports have just revealed how one individual identified crypto scammers in order to rob them of their ill-gotten funds. Crypto scammers often employ social engineering techniques to interact with victims and convince them to part with their hard-earned money. Scammers do this either by sending funds directly to fraudsters or by providing…
Solar ‘Bazooka’ Bitcoin mine warms warehouse amid Europe’s energy crisis
It’s another win for Bitcoin miners and the environment. A Dutch Bitcoiner has installed a Bitcoin (BTC) miner in a warehouse to replace the heating system powered by natural gas. Why? Because it’s cheaper, more environmentally friendly, and uses solar power. Our latest installation heats a warehouse with electricity instead of natural gas. We’ve installed manual valves to guide airflow.…