Bitcoin whales snapped up $4.3B of BTC amid price slump

Former FTX CEO Sam Bankman-Fried (SBF) has been lambasted this week following a series of controversial public appearances, with Galaxy Digital’s Mike Novogratz one of the latest to dish out a lashing to the former kingpin of crypto.On Dec. 1, Galaxy Digital CEO Mike Novogratz unleashed a tirade of criticism towards SBF concerning his interview…

While Russia is facing disagreement over the legal status of Telegram and crypto, both continue operating in the country. 907 Total views 42 Total shares A major state authority in Russia has objected to the State Duma’s proposal to cancel the ban on Telegram’s encrypted messenger in the country.Russia’s Ministry of Digital Development, Communications and…

Uruguay’s first crypto ATM has been installed in the coastal city of Punta del Este, a major tourist attraction in the region. 501 Total views 34 Total shares Uruguay has reportedly installed its first Bitcoin (BTC) ATM, making it the 11th South American country to publicly encourage crypto adoption. Prior to Uruguay’s involvement, South America…

The Cyprus SEC lists the exchange as “under examination for application for deregistration” on the island. 200 Total views 1 Total shares Binance appears to be preparing to exit Cyprus. The Cyprus Securities and Exchange Commission has marked Binance Cyprus Limited as “Under examination for application for deregistration” on its website. Previously, the cryptocurrency exchange received…

The Poloniex hacker moved over 17,800 Ether from six different wallets into a single Tornado Cash address.

It is estimated that Satoshi Nakamoto, the creator of BTC, will become the world's richest person if the price of Bitcoin (BTC) hits approximately $182,000.As of March 2021, Amazon founder Jeff Bezos is the richest person on earth with a net worth of $181.6 billion.Elon Musk, the CEO of Tesla, is a close second at…

They’re following other central banks, including the European Central Bank, into studying virtual currencies. 2333 Total views 1 Total shares The Estonian central bank, Eesti Pank, announced the launch of a research program to study how to build a digital currency infrastructure.According to a statement, Eesti Pank partnered with technology companies SW7 Group and Guardtime…

Indian crypto traders may be giving up since they must now factor in a 30% income tax and a 1% tax per transaction on crypto trades, forcing exchange volume to plummet. 202 Total views 38 Total shares Trading volume on three major Indian crypto exchanges plummeted 72.5% on average since July 1, when a 1%…

The CEO of the blockchain advisory unit of Swiss state-owned telecommunications company Swisscom has unexpectedly left the firm, according to a press release on Swisscom’s website, Jan. 30.As major local news outlet Swissinfo reported the same day, news of Daniel Haudenschild’s reportedly sudden departure from Swisscom Blockchain came just a day before the executive accepted…