‘Tone deaf’ — US moves $2B Silk Road BTC after Trump’s stockpile pledge

South Korean police have raided the office of a local firm whose alleged crypto scam promised investors the spoils of a sunken Russian warship, The Korea Herald reported August 7. The Seoul Metropolitan Police Agency reportedly sent 27 investigators from its white collar unit to to collect evidence from the premises of Shinil Group in…

China’s first government-backed blockchain initiative has just launched an official international website. 1077 Total views 16 Total shares China’s blockchain-based Service Network (BSN), the country’s nationwide blockchain project, has just launched an official international website.Appearing on Aug. 10, the new english-language BSN website aims to help bring global developers to the project.Integration with six permissionless…

Cointelegraph is releasing its 2023 Top 100 list in increments, with profiles 81 to 90 ready for viewing. Take a gander! 74 Total views 2 Total shares Own this piece of history Collect this article as an NFTOn Feb. 8, Cointelegraph unveiled its list of the Top 100 most impactful players in the crypto industry…

Decentralized finance is a fairly new, nuanced concept for mainstream audiences. At its core, DeFi promises a revamped global financial system equipped with savings, loans and inventive yield-earning opportunities that enable innovative financial products without centralized gatekeepers. Since Jan. 1, this promise has been met with a demand that has exceeded $11 billion in total…

“Globally, more than two-thirds of central banks consider that they are likely to or might possibly issue a retail CBDC in either the short- or medium-term,” said the BIS. 292 Total views 17 Total shares A survey conducted by the Bank for International Settlements, or BIS, suggested that many central banks around the world are…

Bitcoin (BTC) has been highly volatile in recent weeks, rallying above $16,000 for the first time in three years. But the futures market’s open interest indicates that a large volatility spike is likely very close.The term “open interest” refers to the total sum of contracts that are actively open in the futures market. If the…

Crypto investors have come to rely on crypto exchanges because they provide liquidity, a wide range of trading pairs and convenience. Given the great benefits offered by crypto exchanges, direct peer-to-peer transactions are still less popular, especially among traders. Over the years, crypto exchanges not only converted cryptos but also became custodians and even lenders by…