Bitcoin whale wallets move $61M in BTC after a decade of dormancy

Russia’s largest bank Sberbank has requested that a client provide information on their income from cryptocurrency, the Russian version of Forbes reported on May 17.Co-founder of cryptocurrency trading platform Toxenbox.io, Vladimir Smerkis, told Forbes that the unnamed client received a letter from Sberbank requiring disclosure of their crypto revenue. The letter based its demand on…

Those who bought BTC between six and 18 months ago are losing out big, says the research, but now there is even more reason to buy their supply. 191 Total views 5 Total shares Bitcoin's (BTC) spot trading below $20,000 is seeing a new “capitulation” event encompassing an entire year’s worth of buyers, research reveals.In…

Bitcoin evangelist Jack Dorsey’s Cash App is making it easier for BTC holders to calculate their taxes with the TaxBit integration. 62 Total views 2 Total shares Own this piece of history Collect this article as an NFTMobile payments processor Cash App has integrated crypto tax and accounting software TaxBit into its services, giving Bitcoin…

In our latest video, we explore five methods for earning passive income with crypto, exploring the pros and cons of each one.

According to CEO Zac Prince, BlockFi signed agreements with FTX US totaling $680 million — for a company that had a $5 billion valuation in June 2021. 308 Total views 10 Total shares FTX US has inked a deal with BlockFi that will give the crypto derivatives exchange the option to purchase the lending firm.In…

Bitcoin (BTC) adoption in West Africa is dominated by Nigeria, the crypto powerhouse and the region’s economic engine. But against a backdrop of anti-French sentiment, Bitcoin educational efforts are also bubbling away in French-speaking West Africa.Senegal recently opened its first physical Bitcoin exchange and education center called Bitique, and the country of 17 million people…

Kik Interactive Inc. requested the formal definition of a trial date for its lawsuit with the United States Securities and Exchange Commission (SEC), as revealed by a Jan. 9 court document. The company was charged by the SEC in June 2019 for conducting an unregistered security issuance with its $100 million initial coin offering (ICO).Kik…

Samsung’s production wing, Samsung Foundry, has launched a new production process of its 7-nanometer (nm) Low Power Plus (7LPP) process node, which could reduce its energy consumption by up to 50 percent, according to an official press release Oct. 18.The new process, based on extreme ultraviolet (EUV) lithography technology, makes the new 7LPP chips more…

An email newsletter sent out to Coinbase customers on May 10 caused significant backlash from the Pepe community. 773 Total views 13 Total shares An email sent out to Coinbase customers describing memecoin Pepe (PEPE) as a “hate symbol” co-opted by alt-right groups has drawn significant ire from the memecoin community. Prominent crypto influencer Borovik.eth shared…