Year: 2023
US Lawmaker Urges Government to Guarantee All Deposits to Avoid Runs on Smaller Banks – Finance Bitcoin News
A U.S. congressman has urged the federal government to temporarily insure every bank deposit in the country. Following the collapses of several major banks, he stressed that if the government does not do this, there […]
Over $1.5M Bitcoin Stolen From General Bytes BTC ATMs
According to a press statement, Bitcoin ATM maker General Bytes experienced a security incident between March 17 and 18 that allowed a hacker to access its database. The hacker uploaded his java application remotely through […]
Bitcoin’s Ordinal Inscriptions Surpass 500,000 Mark as Miners Earn $2.66 Million in Added Fees – Blockchain Bitcoin News
According to statistics, there are now more than 500,000 Ordinal inscriptions on the Bitcoin blockchain as the trend continues to gain significant traction. Onchain data also shows that since inscriptions started gaining popularity last month, […]
Congresssman Emmer Says US is Moving Towards CBDC
US lawmaker Tom Emmer said the recent moves of the Federal Reserves suggest that the government will introduce a central bank digital currency (CBDC). The lawmaker made this statement at a CATO Institute event while answering […]
Ethereum Price Plummets As Whale Transfers $33 Million ETH To Binance
Ethereum price’s meteoric rise was abruptly interrupted Saturday as a sizable amount of the digital asset was transferred to Binance exchange. The transfer, which occurred at 1:30 AM Eastern Time, sent shockwaves through the market […]
Coinbase Former CTO Bets on Bitcoin to Reach $1M in 90 Days
Coinbase’s former Chief technical officer Balaji Srinivasan has wagered $2 million that Bitcoin would be worth $1 million in 90 days, attracting counter opinions from the crypto community. Srinivasan placed the bet against social democrat James Medlock, […]
