Cash, not crypto, still top funding choice for terrorists, Singapore reports

The Mt. Gox trustee announced the redemption of $47 million in trust assets amid social media reports suggesting repayment to creditors could start in 2023. 522 Total views 13 Total shares Creditors of Mt. Gox, a now-defunct Bitcoin (BTC) exchange that lost 850,000 BTC to a hack in 2014, have reportedly received a new email

Budapest is set to erect a life-size bronze statue depicting Bitcoin creator Satoshi Nakamoto. The face features a reflective surface that symbolizes the unknown identity of Satoshi. Bitcoin’s anonymous creator Satoshi Nakamoto is set to be depicted in a life-size bronze statue in Budapest, the capital city of Hungary. According to local news outlet Hungary…

According to Chainalysis, the downfall of FTX is likely to have a relatively smaller effect on the crypto ecosystem than the demise of Mt. Gox. 644 Total views 5 Total shares Blockchain analysis firm Chainalysis has compared the fall of Mt. Gox to FTX to determine how FTX’s bankruptcy will impact the ecosystem.It concluded that…

The International Blockchain Monetary Reserve (IBMR) announced it has raised $3.48 million as an investment seed into ARCC Currency Reserve. The reserve is a basket of cryptocurrencies that includes Algorand (ALGO), Bitcoin (BTC), and Binance Coin (BNB) as well as 700,000 U.S. dollars in seed investments for United States-based tech startup companies. These assets back the…

Some may argue that the Metaverse has been around for years, as demonstrated by early gaming platforms, yet virtual ecosystems are now being embraced by almost every industry. A recent report from consulting firm McKinsey & Company believes that the Metaverse has the potential to generate at least $5 billion in value by 2030. McKinsey…

Bitcoin.com is being led by its third CEO in three months, with the promotion of Chief Product Officer Dennis Jarvis. 1202 Total views 35 Total shares Bitcoin.com has its third CEO in three months, following the promotion of Chief Product Officer Dennis Jarvis to the top job.Founder of the crypto exchange and news site, Roger…

The new NFT tracker and explorer services will support Ethereum wallets to start with, while multi-chain support is expected to arrive by the end of the year. 457 Total views 3 Total shares Delta, an investment tracker app that allows users to keep tabs on their stock and crypto portfolios, is now entering the nonfungible…

The Securities and Exchange Commission is once again inviting the public to comment on whether a spot Bitcoin ETF presents a material risk to investors. 57 Total views 3 Total shares The United States Securities and Exchange Commission (SEC) has once again delayed its ruling on whether to approve Grayscale’s application for a Bitcoin (BTC)…