BREAKING: US government moves 10,000 Bitcoin
The United States government is currently the largest geopolitical holder of Bitcoin, with 203,000 BTC under the control of the US.
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Coinbase experienced its highest single-day net BTC withdrawal in the wake of the outage incident, with even the author of “Black Swan” quitting the exchange. 1313 Total views 38 Total shares Coinbase experienced the largest net outflow of Bitcoins (BTC) in ages in the wake of the recent service outage. Even Nassim Taleb has left…
Google Searches for ‘Bitcoin Halving’ Skyrocket to Unprecedented Numbers
Google data shows unprecedented interest in Bitcoin’s block halving, far exceeding 2016 numbers. Google searches for “Bitcoin halving” have hit an all-time high, far exceeding the spike associated with the previous halving event by 350%.Searches for the Bitcoin (BTC) halving event have reached 100 on Google's normalized scale, indicating their highest-ever value. At the time…
Indian Government Panel Suggests Crypto Dealings Should Be Illegal, Local Sources Say
An Indian government panel has reportedly suggested a new legal framework within the Reserve Bank of India (RBI) that completely bans cryptocurrencies in the country. English-language Indian media outlet CNBC TV18 reported on the framework on Dec. 6.The article cites an unnamed source as noting that “the panel has categorically said that all such currencies…
Bitcoin Reclaims $13,000 as NY Fed Says Recession Risk Highest Since 2008
Bitcoin (BTC) hit $13,000 again on June 10 as the 2019 bull market delivered fresh reasons to celebrate for traders and HODLers. Market visualization courtesy of Coin360Data from Coin360 showed BTC/USD hitting $13,130 in early trading Wednesday, the pair reclaiming almost $1,000 in 24 hours. The past days have surprised markets, with analysts previously warning a major…
Circle enables seamless USDC-USD transfers, providing a bridge from banks to DeFi
The result of developments in both crypto technology and regulation, Circle’s new USDC API provides a bridge between crypto and traditional finance. 119 Total views 2 Total shares Circle, the company behind the second most popular stablecoin USD Coin, has rolled out a new API that will allow for the seamless transfer of USDC to…
Sam Bankman-Fried’s perspective on FTX fall
Sam “SBF” Bankman-Fried took the stand this week to testify in his ongoing criminal trial in the Southern District of New York, denying any wrongdoing between FTX and Alameda Research, while acknowledging making "big mistakes" during the companies’ fast-paced growth. His official testimony started on Oct. 27, after a hearing on the previous day without the
QuadrigaCX Users Request Details on How EY Lost 103 Bitcoins
Users of now-defunct Canadian cryptocurrency exchange QuadrigaCX are requesting further information concerning the recent loss of 103 Bitcoins (BTC) during the funds' recovery.An unfortunate lossAs Cointelegraph reported in February, one of the Big Four accounting firms — EY (formerly branded as Ernst & Young) — was appointed by QuadrigaCX as an independent third party to…
FBI: Crypto Is A ‘Significant Problem That Will Get Bigger And Bigger’
Director for the Federal Bureau of Investigation (FBI) Christopher Wray testified before the Senate Homeland Security Committee at a hearing on security threats facing the United States.On Nov. 5, during the hearing before the U.S. Senate Committee On Homeland Security And Governmental Affairs, senators asked leaders from the FBI, Department of Homeland Security and the…