Telegram bot Banana Gun’s users drained of over $1.9M

A recent NYDIG report found that Bitcoin had settled more transaction volume in Q1 2021 than “all credit card networks combined for the entire year” when including intra-network transactions. 383 Total views 5 Total shares New research has found that the annual transaction volume on the Bitcoin network surpassed that of some well-known card networks,…

Hope for the possibility of another significant rally in the cryptocurrency market has returned, even though Bitcoin (BTC) rejected at $45,500. Currently, bulls are looking to shore up their defense at the $43,000 support level. Data from Cointelegraph Markets Pro and TradingView shows that after making a run to a weekly high at $45,500 early on Feb.…

Swiss National Bank (SNB) President Thomas Jordan said that stablecoins pegged to foreign currencies could hamper Switzerland’s monetary policy in some circumstances.Cryptocurrencies’ limited use as payment instrumentsOn Sept. 5, Jordan spoke at the University of Basel, saying that he is convinced that cryptocurrencies are of limited use as payment instruments, stores of value and units…

Many gamblers may no longer need to use Bitcoin ATMs in casinos, as they could transfer their crypto directly to casino gaming accounts. 4747 Total views 13 Total shares The largest manufacturer of slot machines in the world has just received a patent that would allow customers to access crypto payments for gambling.According to records…

All day I talk to founders in the blockchain category, and all day I hear the same thing — the importance of adoption. Adoption is what everyone is chasing at all costs. This makes sense since the resiliency, overall network effect and ultimately the value of a blockchain rely on people using the infrastructure to…

Social tokens are increasingly being used in online blockchain communities. They offer numerous benefits to users. 379 Total views 14 Total shares

Europe experienced a 50% fall in fintech investments in the first half of 2023. 97 Total views 7 Total shares In the midst of the global fintech market downturn, the crypto and blockchain sector managed to become a leader in investments in a number of major European markets. According to the report “State of European FinTech”

Denmark-based cryptocurrency users have begun receiving letters from the Danish tax agency, Skattestyrelsen (Skat), requesting that traders provide a full background of all their cryptocurrency transactions, sources informed Cointelegraph on Dec. 10.In its letters, Skat specifically asked crypto users to provide information about profits and losses for fiscal years 2016 to 2018, according to FIFO…

The news follows Bitwise withdrawing its SEC application for a Bitcoin Exchange-Traded Fund earlier this year. U.S. retail investors will be able to get exposure to Bitwise's new crypto index fund — albeit indirectly.According to a Dec. 9 statement from Bitwise Asset Management, shares of its crypto index fund will begin public quotation on over-the-counter,…