Mt. Gox sees $3.2B BTC in outflows in just two hours
In a significant development, Mt. Gox has transferred over 47,500 BTC to unknown addresses, significantly reducing its Bitcoin reserves.
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FunFair (FUN) gains 183% as the blockchain-based gaming industry grows
Many DApps and blockchain-based games are designed with casino-style and RPG features that allow players to use cryptocurrency for gambling. FunFair is essentially a white-label, turnkey blockchain-based casino and the platform aims to provide services with zero set-up fees and no monthly minimums.The platform’s native FUN token is the fuel behind every function on the FunFair…

Bitcoin price reclaims 6 figures on CPI relief as traders see $110K+ next
Bitcoin price targets rise as a swift comeback sees BTC/USD spike through the $100,000 mark.

Crypto exchange Bybit exits Canada, citing ‘recent regulatory development’
Headquartered in Dubai, Bybit plans to leave Canada while exploring expansion into new markets like Kazakhstan. Cryptocurrency exchange Bybit has announced it will be pausing its products and services to residents and nationals of Canada following certain developments in the regulatory space.In a May 30 blog post, Bybit said it will not accept account opening…

US Bitcoin ETF favors Australian approval, but Aussies need to go further
On Oct. 19, 2021, the ProShares Bitcoin Strategy ETF (BITO) launched on the New York Stock Exchange. On its first day, the exchange-traded fund (ETF) saw an influx of close to $1 billion in natural volume and, within 24 hours, Bitcoin (BTC) itself would reach a new all-time high for its price in U.S. dollars.…

Diamond hands: Mt. Gox creditors HODL Bitcoin despite 10-year wait
Mt. Gox creditors defy expectations by holding onto their Bitcoin despite a decade-long wait to get their hands on it.

Instagram influencer charged over duping followers out of $2.5M BTC
A social media influencer known for “cash giveaways” has failed to show the money in alleged Bitcoin wire fraud scheme. 1327 Total views 12 Total shares An Instagram influencer has been charged with wire fraud, after he allegedly scammed followers out of $2.5 million worth of Bitcoin. Social media influencer Jay Mazini, who boasted of…

US Air Force Grad School Issues ‘Blockchain for Supply Chain’ Primer
The graduate school for the U.S. Air Force has developed a educational tool on blockchain for supply chain management, U.S. business journal Modern Materials Handling (MMH) reported Dec. 3.The move comes in the form of a live application, together with a set of tutorial videos to educate defense professionals, released by the U.S. Air Force…

Dormant pre-mined Ethereum worth $116M resurrects after 8 years
During the pre-mine period, 61,216 Ether was worth roughly $20 million at the time. However, eight years later, the tokens are worth more than $116 million. 267 Total views 3 Total shares A wallet address containing pre-mined Ethereum worth $116 million moved its entire stash of 61,216 Ether (ETH) to an address in the Kraken…