FTX addresses transferred $8.3M one day before amended proposal deadline
The transfer occurred a day before FTX debtors are set to release a new restructuring plan for the exchange.
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Bitcoin price reacts as 3.7% CPI sees inflation jump beyond forecasts
BTC’s price clings to $26,000, with Bitcoin traders braced for the Wall Street open, following the latest CPI report. 1050 Total views 8 Total shares Bitcoin (BTC) saw snap volatility on Sept. 13 as United States macroeconomic data showed inflation beating expectations.BTC/USD 1-hour chart. Source: TradingViewFuel, shelter boost August CPI beyond targetData from Cointelegraph Markets

Crypto mixer sanctioned by US Treasury for role in Axie Infinity hack
The crypto mixer is said to have processed $20.5 million out of the $620 million taken by North Korean Lazarus Group hackers. 595 Total views 41 Total shares The United States Treasury Department Office of Foreign Assets Control (OFAC) announced Friday that it was sanctioning cryptocurrency mixer Blender.io for its role in laundering proceeds from…

Employee Fined For Mining BTC on Nuclear Research Center Supercomputer
An employee at a nuclear research center in the closed town of Sarov in Russia was fined for illegally mining Bitcoin (BTC).Convicted to pay $7,000 fineAccording to a Sept. 27 article by Russian news outlet Meduza, a man was fined 450,000 rubles ($7,000) for trying to mine Bitcoin by using a petaflop-capable supercomputer at his…

Circle plans to cover missing liquidity in Silicon Valley Bank with corporate funds
According to Circle, USDC liquidity operations will "resume as normal when banks open on Monday morning in the United States," enabling USDC redemption at 1:1 with the U.S. dollar. 1154 Total views 7 Total shares Own this piece of history Collect this article as an NFTUSD Coin (USDC) issuer Circle plans to use "corporate resources"…

Italian Bank Opens Bitcoin Trading to 1.2 Million During Lockdown
Growing crypto adoption and the COVID-19 outbreak has encouraged Italy’s Banco Sella to launch a Bitcoin trading serviceThe trading is conducted via the bank’s Hype platform, with the bank acting as an intermediary to mitigate against potential security risks with cryptocurrency exchanges. With the country in lockdown and everyone stuck at home, the bank is…

Binance proof-of-reserves removed from the auditor’s site
Mazars Group, known for its proof-of-reserve audit services for crypto companies, reportedly removed the audits from its site. 1829 Total views 11 Total shares Own this piece of crypto history Collect this article as NFTCrypto exchange Binance has seen its proof-of-reserve audits removed from auditor Mazars’ website.Mazars’ official website shows they fully discontinued Mazars Veritas,…

Is $40K Bitcoin the new $10K? BTC holds $43K support as exchange Bitfinex halts trading
An unexpected problem causes Bitfinex to temporarily shut down, with Bitcoin price action undoing gains in the process. 1478 Total views 3 Total shares Bitcoin (BTC) erased overnight gains on Sept. 30 as sudden problems at major exchange Bitfinex caused a mass outage.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitfinex investigates mystery shutdownData from Cointelegraph Markets…

BBVA and Santander Join EU Joint Blockchain Platform Set to Launch in 2019
Banking groups BBVA and Banco Santander have joined the E.U. International Association for Trusted Blockchain Applications (IATBA), Spanish economic newspaper Expansion writes Nov. 20.The representatives of two Spanish banking groups were invited to an E.U. blockchain roundtable held in Brussels by Mariya Gabriel, the commissioner for Digital Economy and Society, and Roberto Viola, director of…