US government says funds from 2016 hack should return to Bitfinex

Bitcoin (BTC) proponents are encouraging Lebanese citizens to swap fiat for crypto after it emerged the country’s banks would stay closed.Banks to open “once normalcy restored”In an ongoing Twitter debate which began on Oct. 24, commentators vented anger on behalf of Lebanon’s population, which has been without banking services for more than a week. Following civil…

Ethereum Classic Labs incubator officially announced its accelerator program to promote the development of products based on the Ethereum Classic network.On July 28, Ethereum Classic Labs published a blog post to provide details about Ethereum Classic Labs Accelerate, a program for funding and educating blockchain firms and communities that are creating products and services on…

HODLing Bitcoin may pay off eventually, but it means one’s money isn’t working for them now, says Andreas Antonopoulos. 1849 Total views 39 Total shares Bitcoin educator Andreas Antonopoulos says there are risks behind any current method of earning steady income with one’s Bitcoin holdings, but DeFi offers one of the few ways to do…

Venezuela’s President Nicolas Maduro ordered the country’s leading bank, Banco de Venezuela, to accept the nation’s cryptocurrency, the Petro (PTR) at all of its branches, the country’s Finance Ministry tweeted on July 4.According to the tweet, Maduro gave “the express order to open Petro desks in all the branches of the Bank of Venezuela.” The…

Since their inception, cryptocurrencies have seen rapid growth and widespread market adoption, as evidenced by the assets tied to crypto assets that have started to appear in the portfolios and trading methods of numerous asset managers. The process of purchasing and selling cryptocurrencies to profit is known as cryptocurrency trading. Trading in cryptocurrencies can be defined…

Bitcoin (BTC) has declined by more than 55% six months after it reached its record high of $69,000 in November 2021. The massive drop has left investors in a predicament about whether they should buy BTC when it is cheaper, around $30,000, or wait for another market selloff.The more you look at prior $BTC price…

The United States Department of Justice released a fifteen-count indictment on May 9 that charges a hacking group labeled “The Community” with SIM swapping in order to steal cryptocurrencies.U.S. Attorney Matthew Schneider and his colleague from the U.S. Immigration and Customs Enforcement Angie Salazar announced the charges in the Eastern District of Michigan. Per Salazar,…

Macroeconomist Lyn Alden assesses the impact of the 2024 US presidential election outcome on Bitcoin and the broader crypto industry.

Crypto exchanges Poloniex and KuCoin are set to research the crypto industry together, hope to benefit the whole sector. Crypto exchange KuCoin has unveiled dealings with another exchange, Poloniex, in an effort to move the crypto industry forward.   "KuCoin and Poloniex will join hands in trading technology research and development, liquidity sharing, product iterations, PoS…