Tesla has released its Q2 2023 earnings report, which has been highly anticipated by investors, and it shows no signs of Bitcoin movement for the electric car giant in the previous quarter. The report shows that the company has had a record-breaking quarter, with the best-ever production and deliveries and revenue approaching $25 billion in…
Bitcoin (BTC), the largest cryptocurrency in the market, is continuing its unstoppable uptrend. After consolidating for a short period between $29,900 and $30,300, BTC has marked a new annual high and breached the $31,000 mark, which it had not surpassed since June 2022. As of this writing, the leading cryptocurrency in the market is trading…
According to a Reuters report, Crypto entrepreneur Do Kwon, the former CEO of Terraform Labs, has been sentenced to four months in prison by a court in Montenegro for allegedly using forged passports. Crypto Mogul Faces Jail Time For Passport Forgery Kwon, who is charged with multibillion-dollar fraud in the United States and is wanted…
Uniswap Labs has announced the release of the draft code for Uniswap v4, the next iteration of the popular decentralized exchange (DEX) protocol. Uniswap v3 was a watershed moment for on-chain liquidity and Decentralized Finance (DeFi), processing over $1.5 trillion in trading volume since its release two years ago. However, as technology and markets evolve,…
Coinbase, the leading cryptocurrency trading platform in the United States, has recently found itself embroiled in a legal battle with the US Securities and Exchange Commission (SEC). The SEC filed a lawsuit on Tuesday, accusing Coinbase of operating without proper registration, thereby violating regulations designed to safeguard investors. This lawsuit has sent shockwaves through the…
Cardano (ADA) and the crypto market just took a punch from the U.S. Securities and Exchange Commission (SEC). The regulator filed a lawsuit against Binance and its CEO, Changpeng Zhao, contributing to the decline in prices across the nascent market. Cardano (ADA) trades at $0.35 as of this writing, recording a 6% loss in the…
A press release shared with Bitcoinist claimed that Bitfinex partnered with crypto bank OrionX. The cooperation will allow the trading venue to strengthen its foothold in the Latin American region by targeting key countries with a high demand for crypto products. Bitfinex Grows In Latin America, What’s Behind Deal With OrionX? Based in Chile, OrionX…
Per a recent report, hedge fund and market maker behemoth Citadel is suing two former executives. The individuals identified as Leonard Lancia and Alex Casimo broke off from the company to start a high-frequency trading firm called Portofino Technologies. According to the lawsuit filed by Citadel Securities, Lancia, former Head of Europe Systematic Market Making…
Sam Altman, the creator of ChatGPT, attracted attention from the crypto industry in 2021 by reviving a token founded in 2013, World Coin. The project has been progressing slowly, but today will launch a new tool designed for the “AI Age.” Per a press release shared with Bitcoinist, the team behind World Coin launched a…
Meme coins PEPE and FLOKI are finally making their way onto Binance after an impressive run. Both communities have in the past called for the crypto behemoth to list the tokens but the exchange has been quiet about possible listings, until now. PEPE And FLOKI Make It To Binance The world’s largest crypto exchange Binance…