Tag: Bitcoin

Do Kwon Dissolved Terraform Labs Korea Days Before Collapse of Terra LUNA, UST – Featured Bitcoin News

Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just days before the collapse of terra crypto (LUNA) and stablecoin terrausd (UST). Do Kwon Shut Down Terraform...

Bitcoin must defend these price levels to avoid ‘much deeper’ fall: Analysis

Bitcoin (BTC) may be attempting to flip $30,000 to support on May 19, but for one group of analysts, attention is focused firmly on a fresh drop.In a tweet on the day, on-chain...

Bitcoin Is Mainly Used in Underground Economy for Illicit Activities – Featured Bitcoin News

Former Federal Reserve chairman Ben Bernanke says the main use of bitcoin is “mostly for underground economy activities and often things that are illegal or illicit.” He added, “I don’t think bitcoin is...

FTX CEO sees no future in Bitcoin payments, community fires back

Sam Bankman-Fried, the founder of crypto exchange FTX, has criticized the efficiency of Bitcoin (BTC) as a payment network, only to meet heavy backlash from the crypto community.During an interview with the Financial...

Has Bitcoin reached the bottom?

Bitcoin is down 9.4% over the past week, ending at around $31,000. Ethereum lost 16.1%, while other leading altcoins...

Central Bank of Chile Studies Issuance of a Digital Currency – Bitcoin News

The Central Bank of Chile revealed it is studying how to issue a national digital currency, the digital peso. The bank issued a report titled “Issuance of a Central Bank Digital Currency in...

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