Search results by “bit”
The acquisition deal that was looking to be one of the most expensive ones in the crypto industry is now terminated, as Galaxy Digital pulled out of the BitGo purchase. In May 2021, Galaxy Digital, a crypto investment firm, announced its plans to purchase the crypto custodian company, BitGo, in a deal worth $1.2 billion. […]
Companies Zebedee and Viker have joined forces to launch three classic games with a crypto twist. Namely, while playing Solitaire, Sudoku, and Missing Letters (a game similar to Wordle), players can now earn Bitcoin. Zebedee is a startup aimed at integrating Bitcoin into video games. Just recently, it secured $35 million in Series B funding, […]
As part of a continuation of the global trend of cryptocurrency adoption, employees of the baseball team New York Yankees are now able to receive a piece of their salaries into Bitcoin. The owners of the team have entered a partnership with the company NYDIG in order to make this possible. The service that NYDIG […]
CoinFlex, the well-known platform for crypto investments, is starting arbitration procedures against a whale account holder. The aim of the arbitrations is for CoinFlex to reclaim the $84 million that the whale account holder owes. According to an official statement by CoinFlex, the individual in question is legally obligated to pay back the $84 million. […]
As the global cryptocurrency community grows, more and more coin investors are beginning to actively use crypto lending platforms as part of their daily investment activities. This makes sense, as it is not hard to see the benefits of platforms that offer lending services, usually along with interest-earning accounts, especially if the providers offer reasonable […]
Benjamin Dalo, the co-founder of crypto exchange BitMEX, received a sentence of 30 months on probation. Dalo violated the Bank Secrecy Act – an anti-money laundering law. The sentence ends a legal saga that started in October 2020. Arthur Hayes and Samuel Reed (also BitMEX co-founders), as well as Gregory Dwyer (the company’s first official […]
The past month has not been the best for Bitcoin. It’s value is now 22% percent lower than it was 30 days ago, amounting to $29,939. Moreover, Bitcoin’s market cap has also declined, falling from $750 billion to $569 billion in the same period. The results are similarly concerning in terms of Bitcoin’s daily mining […]
The TRON DAO Reserve has acquired bitcoin and TRON tokens to back the USDD algorithmic stablecoin.
Crypto exchange Bitget has announced the annual King’s Cup Global Invitational 2022, KCGI. The competition will run from May 20 to June 10. Participants of the “Cup of Kings” will trade futures in individual and team standings. Registration does not require KYC. The main prize pool of the tournament will be up to 200 BTC. Bitget will […]
MetaMask wallet will soon integrate Bitcoin as well as several other blockchains thanks to the Snaps feature .
