Bitcoin News
Terra’s Stablecoin UST Market Cap Rises 700% in Past 6 Months
The market capitalisation of the algorithmic stablecoin Terra (UST) has soared in comparison to its longer-running counterpart DAI. Year-to-...
Sanctions-Hit Russia Considers Accepting Bitcoin for Oil
According to Russia’s chairman of the Congressional Energy Committee, Pavel Zavalny, the federation is open to accepting bitcoin for i...
US Energy Giant ExxonMobil is Mining Bitcoin With Natural Gas
ExxonMobil is diverting some of the natural gas it has no use for to power cryptocurrency mining operations in North Dakota. The oil and gas...
Terra Founder Outlines Plans to Buy $10 Billion in BTC
Three weeks ago, the Luna Foundation Guard announced it would be buying US$1 billion in bitcoin to help restore “peg parity” bet...
Malaysian Minister Calls for Bitcoin and Crypto to be Made Legal Tender
To the surprise of many, Malaysia’s Deputy Minister of Communications and Multimedia has broken ranks and called for bitcoin and other...
US Bank Facilitates First Over-The-Counter Bitcoin Transaction
Goldman Sachs (GS) has become the first financial institution to make an over-the-counter (OTC) crypto options trade as it expands its digit...
Coinbase Dragged into a Class Action Lawsuit for Selling 79 ‘Unregistered Securities’
One of the world’s leading digital asset exchanges has once again landed itself in hot water. This time it has been hit with a class a...
El Salvador’s Bitcoin-Backed Bonds Set to Roll Out Despite Geopolitical Turmoil
Late last year, El Salvador announced plans to raise US$1 billion using bitcoin-backed bonds. Half of the proceeds would go towards building...
Deloitte Claims Bitcoin Could Help Governments Create Cheaper CBDCs
A new report from financial services giant Deloitte has highlighted the potential of Bitcoin to form the base of a cheaper, faster and more ...
BTC Holders Breathe Sighs of Relief as EU Parliament Votes Against Proof-of-Work Ban
In yet another unexpected twist in the ongoing European cryptocurrency regulation saga, the EU Parliament has officially removed all languag...
BTC Mixer ‘CoinJoin’ Starts Blacklisting BTC Linked to Illegal Activity
The CoinJoin coordinator that facilitates the coin mixing functionality built into the privacy-focused Wasabi Wallet has started blacklistin...
Darknet Ecstasy Kingpin Forfeits $2.3 Million in Bitcoin
A 25-year-old man from Massachusetts in the US has been sentenced to eight years’ imprisonment for selling illicit drugs for cryptocur...