Bitcoin Magazine News

SEC Demands Ripple Deliver Over 1 Million Slack Messages in Ongoing Legal Battle

The Securities and Exchange Commission (SEC) has requested Slack messages from crypto firm Ripple amid an ongoing legal battle with the company.  On July 1, 2021, the [...]

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10 August 2021 14:56

Compass Mining Sponsors Bitcoin Core Developer With $80,000 Donation

Compass Mining, a marketplace for Bitcoin mining hardware, has today announced that it will sponsor Bitcoin Core developer Jon Atack with a one year $80,000 donation. The [...]

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10 August 2021 14:44

DeFi Has Lost $474 Million to Hacks and Fraud in 2021: Report

Decentralized finance is enjoying a period of sustained growth, with nearly $80 billion in assets locked into protocols, per data from DeFi Pulse, just 10% lower than its [...]

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10 August 2021 14:01

Venmo Adds Bitcoin and Ethereum Credit Card Rewards

PayPal’s popular Venmo app, which is best known as a way to pay friends or merchants, has added a credit card offering and a crypto-buying service in [...]

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10 August 2021 14:01

PolyNetwork Suffers Record-Breaking $600.3 Million Hack

Multi-chain interoperability protocol Poly Network fell victim to an exploit today, resulting in the loss of roughly $600 million worth of various cryptocurrencies, the platform’s developers revealed. [...]

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10 August 2021 13:31

Hester Peirce Criticizes SEC For $10M Poloniex Ruling

The U.S. Securities and Exchange Commission (SEC) is facing criticism for its $10 million settlement with cryptocurrency exchange Poloniex. This time, the fault-finding comes from one of [...]

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10 August 2021 09:50

DeFi Exchange Tokens on Ethereum Rise Double-Digits 

Decentralized exchanges, or DEXes, are cornerstones of the crypto industry. They eliminate intermediaries that are commonplace at centralized exchanges like Coinbase and Binance.  Today, several governance tokens [...]

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10 August 2021 08:20

Dogecoin, Shiba Inu Post Big Weekly Gains in Meme Coin Resurgence

Meme coins and tokens like Dogecoin and Shiba Inu ruled much of the conversation around the early-year crypto market boom—but when the market spiraled in May, their [...]

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9 August 2021 21:52

Shark Tank’s ‘Mr. Wonderful’ Shills Ethereum as ‘Ultra-Sound Money’ After EIP-1559

Kevin O’Leary, the Canadian investor best known for his role as “Mr. Wonderful” on the reality competition show “Shark Tank,” has made a U-turn on cryptocurrencies this [...]

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9 August 2021 21:32

Bitcoin Lobby Loses: Senate Rejects Revised Crypto Tax Provisions in Infrastructure Bill

The Senate rejected an amendment championed by the cryptocurrency industry that exempts non-custodial crypto actors from a crypto tax reporting requirement built into the $1 trillion infrastructure [...]

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9 August 2021 20:31

Ethereum Pet Rock NFTs Are Selling for More Than $100,000

Critics of NFTs call this year’s market boom a fad, or a short-lived bubble waiting to pop. Well, here’s a mash-up of a perceived fad with one of [...]

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9 August 2021 18:59

Bitcoin Passes $46,000 Price Mark for First Time Since May Crash

The cryptocurrency market continues to break out of its summer slump, with Bitcoin’s price topping $46,000 this morning—the first time the leading coin has topped that mark since [...]

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9 August 2021 16:43

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