Terror victims claim DOJ withholding their cut of $4.3B Binance penalty
Four people who are victims or family of victims of state terrorism sued the Justice Department claiming it hasn’t put the billions from Binance’s settlement into a victim fund.
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Spanish City of Bilbao Launches $171K Tender to Develop Public Blockchain Network
Bilbao, the largest city in northern Spain, has launched a €150,000 (around $171,000) tender to develop a blockchain for public services, Bilbao’s municipal authorities announced Monday, Nov. 12.Officials of the largest city in Basque country want to create a decentralized platform, designed to allow one to act with “power of attorney” online. The deadline to…

South Korea allows division of crypto in divorce settlements
South Korean law allows spouses to claim cryptocurrency and Bitcoin holdings during divorce proceedings, recognizing them as marital assets, law firm says.

Bitcoin retraces intraday gains as bears aim to pin BTC price under $18K
On Dec. 14, Bitcoin (BTC) broke above $18,000 for the first time in 34 days, marking a 16.5% gain from the $15,500 low on Nov. 21. The move followed a 3% gain in the S&P 500 futures in 3 days, which reclaimed the critical 4,000 points support. Bitcoin/USD index (orange, left) vs. S&P 500 futures (right).…

Someone bought $3,400 worth of SHIB last August. It’s now worth $1.55 billion
A SHIB hodler who spent $3,400 on the memecoin last August is now a crypto billionaire from that purchase alone, with the asset gaining 94278239.8%% over the past year. 486 Total views 16 Total shares An address with the foresight to purchase $3,400 worth of Shiba Inu (SHIB) last August has seen the value of…

Backwardation in Bitcoin futures contracts shows pro investors lack confidence
Bitcoin (BTC) might have tested the $40,000 support in mid-July, but according to various derivatives metrics, there has not been a significant change in investor optimism. This situation either means that price is not what they are looking to mark the end of the current bear market, or that most traders are still underwater at $40,000.One…

Tezos Foundation to Issue Grants for Blockchain and Smart Contract Research
The Tezos Foundation has announced it will be issuing financial grants to research institutions for blockchain tech and smart contracts development, according to an official press release published August 9. The Tezos Foundation will provide grants to four research institutions: Cornell University, the University of Beira Interior, the University of Illinois at Urbana-Champaign, and France-IOI,…

Bank of Korea Seeks to Deploy Blockchain in Bond Market: Report
Global central banks are increasingly looking at blockchain technology as a tool to make interbanking processes more efficient and transparent.Following the World Bank’s exemplary experience of blockchain bond transactions, South Korea’s central bank is working on its own blockchain-based bonds, Cointelegraph Korea reports Feb. 18.Bank of Korea started the project in late 2019According to a…

Crypto miner explains how Bitcoin mining stabilizes grids
2022 was “the perfect storm” for Bitcoin (BTC) miners, according to Jaime Leverton, CEO of Hut8 mining, one of the largest crypto miners and digital asset experts in the space. Leverton sat down with Gareth Jenkinson, senior reporter at Cointelegraph, in an interview at the World Economic Forum in Davos, Switzerland. Topics included were the 2022…