Bitcoin

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.
JPMorgan: JPM Coin Handles $1 Billion in Daily Transactions
JPMorgan: JPM Coin Handles $1 Billion in Daily Transactions
October 26, 2023  |  Blockchain

J.P. Morgan said its digital token now handles $1 billion in daily transactions. “JPM Coin gets transacted on a daily basis mostly in U.S. dollars,...

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FTX Seeks Answers on Sam Bankman-Fried’s Payment to AI Nonprofit
FTX Seeks Answers on Sam Bankman-Fried’s Payment to AI Nonprofit
October 26, 2023  |  Cryptocurrency

FTX wants answers about $6.5 million its founder gave to an artificial intelligence (AI) nonprofit. The bankrupt cryptocurrency firm’s new management said in a Wednesday...

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FTX Gets Revamp Proposals From 3 Bidders
FTX Gets Revamp Proposals From 3 Bidders
October 25, 2023  |  Cryptocurrency

FTX received multiple proposals from bidders hoping to resurrect the bankrupt cryptocurrency exchange. Investment banker Kevin Cofsky of Perella Weinberg Partners said during a Tuesday...

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Crypto Delistings Happening at Record Clip Despite Bitcoin Comeback
Crypto Delistings Happening at Record Clip Despite Bitcoin Comeback
October 24, 2023  |  Cryptocurrency

While bitcoin enjoys an encore, a number of other cryptocurrencies are apparently bowing out. As Bloomberg News reported Tuesday (Oct. 24), a record number of...

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Plaid and Zero Hash Partnership Lets Customers Trade Crypto via ACH
Plaid and Zero Hash Partnership Lets Customers Trade Crypto via ACH
October 24, 2023  |  Cryptocurrency

Financial services company Plaid and cryptocurrency infrastructure platform Zero Hash teamed to let customers buy and sell cryptocurrency via automated clearing house (ACH). “Zero Hash...

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Bitcoin Reaches $35,000 Thanks to ETF Anticipation
Bitcoin Reaches $35,000 Thanks to ETF Anticipation
October 24, 2023  |  Bitcoin

Investor optimism about the future of exchange-traded funds (ETFs) has apparently been good for bitcoin. As Bloomberg News reported Tuesday (Oct. 24), the world’s largest cryptocurrency...

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Sam Bankman-Fried Enlists Expert Witness to Challenge Testimonies in Trial
Sam Bankman-Fried Enlists Expert Witness to Challenge Testimonies in Trial
October 24, 2023  |  Legal

Former FTX CEO Sam Bankman-Fried is enlisting the help of an expert witness to challenge the testimonies of key witnesses in his ongoing legal battle....

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SEC Drops Claims Against Ripple Executives
SEC Drops Claims Against Ripple Executives
October 20, 2023  |  Cryptocurrency

Blockchain firm Ripple scored another victory in its 3-year-old battle with the Securities and Exchange Commission (SEC). The SEC plans to dismiss its claims that...

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Bitcoin ATM Installations Plummet to Two-Year Low
Bitcoin ATM Installations Plummet to Two-Year Low
October 19, 2023  |  Cryptocurrency

The number of bitcoin ATMs worldwide have hit a two-year low. Over the past year, the number of bitcoin ATMs available has declined by 7,000,...

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