Bitcoin retail sellers send $625M to Binance before 'first cycle top'
Bitcoin whales hold off on major selling, but retail investors appear unwilling to wait for the real bull market gains to hit.
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First Turkish-German Trade Finance Transaction on Distributed Ledger Technology
Turkish İşbank and German Commerzbank completed the first blockchain-based trade finance transaction between the two countries. 2361 Total views 43 Total shares A major Turkish bank completed the country’s first-ever international trade finance transaction based on distributed ledger technology, or DLT. This adds another milestone to the country’s increasing blockchain efforts.İşbank, the first Turkish bank…

G7 Task Force Releases Full Report on Impact of Global Stablecoins
A G7 task force reports that stablecoins, such as Facebook’s Libra, present significant risk to the global financial system but also have potential in the field of payments.Doubling down on regulationsOn Oct. 18, in a report requested by the G7 Finance Ministers and central bank Governors, the relevant task force confirmed that the group of…

Russian Gotbit founder strikes $23M plea deal with US prosecutors
Aleksei Andriunin, a Russian national charged with manipulating cryptocurrency through the Gotbit market maker platform, has reportedly struck a plea deal with prosecutors in the United States. Gotbit founder and CEO Andriunin has agreed to forfeit about $23 million in Tether USDt (USDT) and Circle’s USDC (USDC) in a plea deal with Massachusetts federal prosecutors

Judge finds Ripple Labs liable for $125M penalty in SEC case: Law Decoded
Ripple faces a $125 million civil penalty after a federal judge rules in favor of the SEC, rejecting the agency’s $2 billion claim.

Calibra Technical Lead Tells Why Facebook Built New Language for Libra
Digital lead for Calibra Ben Maurer gave a presentation on Facebook's Move programming language at the Stanford Blockchain Conference on Feb. 19. Move was created by Facebook to provide a safe and programmable foundation for the Libra blockchain. Maurer explained that Move will make it easier and more secure to program financial applications that run…

Capital Goods Giant CNH Industrial Partners With IBM on Long-Term Blockchain Upgrade
One of the world’s largest capital goods companies has agreed to a multiyear deal with IBM to implement blockchain technology, a press release confirmed July 26. UK-based CNH Industrial, which owns twelve international brands including Iveco and Case IH, will seek to enhance a range of internal processes as part of “reviewing and optimizing its…

Bitcoin hits 2022 high as analyst gives new $80K BTC price target
$48,000 is hit for the first time this year, with previously cautious commentators increasingly flipping bullish. 1343 Total views 14 Total shares Bitcoin (BTC) gave $48,000 a second grilling on March 29 after a modest overnight correction provided welcome respite from upside.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader has "strong doubts" over crash below $30,000Data…

Dark Market Drug Dealers Plead Guilty, Forfeit Crypto Proceeds
A couple operating out of Merced, California have pleaded guilty to selling drugs on the dark web in exchange for cryptocurrencies, including Bitcoin (BTC) and Bitcoin Cash (BCH).The United States Department of Justice announced the charges in a press release on Aug. 6. According to the announcement, Jabari Monson has pleaded guilty to conspiring to…