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Bitcoin News

G7 Countries Discuss Countering China's 'Economic Coercion,' Says US Treasury Secretary Janet Yellen

G7 Nations Discuss Countering China’s ‘Economic Coercion’ – Economics Bitcoin News

The Group of Seven (G7) countries are discussing ways to counter China’s “economic coercion” against other nations, U.S. Treasury Secretary Janet Yellen has shared. Noting that Canada, France, Germany, Italy,...
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Sleeping Bitcoin Wallet Awakens: $3.7M Worth of BTC Suddenly Moves After Close to 12 Years of Dormancy

$3.7M Worth of BTC Suddenly Moves After Close to 12 Years of Dormancy – Bitcoin News

On May 11, 2023, a long-inactive bitcoin wallet sprang to life and transferred a substantial 139.7 bitcoin worth $3.7 million. The address, established on June 19, 2011, has contributed to...
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Donald Trump Urges Republicans to Let US Default on Debt if Democrats Don't Agree to Spending Cuts

Donald Trump Urges Republicans to Let US Default on Debt if Democrats Don’t Agree to Spending Cuts – Economics Bitcoin News

Former U.S. President Donald Trump has urged Republican lawmakers to let the U.S. default on its debt obligations if the Democrats do not agree on “massive” spending cuts. Trump, who...
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Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years

Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years – Mining Bitcoin News

Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues...
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iran president raisi us dollar

President Raisi Calls on Central Bank of Iran to Ditch US Dollar in Trade, Shift to National Currencies – Bitcoin News

Iranian president Ebrahim Raisi has called on the Central Bank of Iran to lay the groundwork necessary to ditch the U.S. dollar for bilateral trade settlements and to make the...
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Ripple CEO Says Company Spends $200 Million Defending SEC Lawsuit Over XRP, Ruling Could Come in 3 Months

Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months – Regulation Bitcoin News

Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its lawsuit over xrp. The executive expects a decision on the...
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Nigerian Payments Provider Nomba Secures $30 Million in Pre-Series B Funding Round

Nigerian Payments Provider Nomba Secures $30 Million in Pre-Series B Funding Round – Africa Bitcoin News

The Nigerian payments startup, Nomba, is reported to have raised $30 million via a pre-Series B that was led by Base10 Partners. The new solution is expected to help the...
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UK High Court Rules to Set Aside Interim Proprietary Injunction Against Binance – Regulation Bitcoin News

UK High Court Rules to Set Aside Interim Proprietary Injunction Against Binance – Regulation Bitcoin News

A high court in the United Kingdom recently set aside a proprietary injunction that was issued against the crypto exchange Binance. In its application challenging the injunction, Binance said the...
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US Banking Crisis Looms as 'Credit Tightening' Mentions Reach Record Highs on Company Calls

US Banking Crisis Looms as ‘Credit Tightening’ Mentions Reach Record Highs on Company Calls – Economics Bitcoin News

Recent data reveals that while the banking industry in the U.S. is facing significant challenges, executives are mentioning “credit tightening” more frequently in earnings calls than during the 2008 financial...
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Chatgpt ‘Is the New Crypto,’ Meta Says Malware Actors Exploit AI Craze

Chatgpt ‘Is the New Crypto,’ Meta Says Malware Actors Exploit AI Craze – Security Bitcoin News

A growing number of malware creators are now taking advantage of the significant interest in Chatgpt to lure victims, Facebook owner Meta has noticed. According to its head of information...
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