US Congresswoman Reveals She Bought Ether and Litecoin Last Year
Hawaiian Representative Tulsi Gabbard bought more than $1,000 each of ethereum and litecoin last December, according to a public filing.
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WazirX Hacker Is Almost Done Laundering $230M Stolen Funds
The hacker behind July's $230 million WazirX hack has nearly finished laundering the stolen funds, using Tornado Cash to obscure the transactions. Just $6 million worth of ether is left. WazirX has been restructuring following the hack, which compromised over 45% of its reserves, and is facing challenges in fund recovery and criticism for its
Voyager Creditors Billed $5.1M for March-May by Law Firm
McDermott Will & Emery, a law firm representing Voyager’s committee of unsecured creditors, has billed the group $5.1 million for the work it completed from March to May.This latest bill brings the total compensation charged to the group to $16.4 million, above the $11.2 million that was budgeted as part of the restructuring process. So…
Free Money? Traders In Asia Are Buying Bitcoin Cash Ahead of Hard Fork
NEWS With bitcoin cash (BCH) now looking certain to split into two competing cryptocurrencies, some traders in Asia are betting that the sum of the parts will be worth more than the whole. Specifically, these investors have been buying BCH in anticipation that Thursday’s contentious network software upgrade, or hard fork, will leave them owning…
German Police Seize $2.1B Worth of Bitcoin in Piracy Sting
Police in Germany have provisionally seized 50,000 bitcoin (BTC) worth $2.17 billion, calling the action its largest cryptocurrency seizure ever, according to a police statement.The claim is related the operation of a piracy website in 2013 that violated the Copyright Act. Proceeds of that venture were then converted to bitcoin. One of the two suspects
PayPal to Stop Crypto Purchases in UK Until 2024
Payments giant PayPal will temporarily pause crypto purchases in the United Kingdom until early 2024, the company said Wednesday, citing stricter rules by the country’s financial regulator.The company said customers who have previously purchased crypto assets through their PayPal account can keep them on the platform or sell them at any time. However, starting October…
ONDO Spikes 8% as Major Derivatives Exchanges Mull BlackRock’s BUIDL as Collateral Option
BlackRock is in early talks to list its tokenized money market fund as collateral for derivatives trading on exchanges including Binance, Deribit and OKX, Bloomberg reported. Ondo's governance token spiked to 79 cents before paring gains, still up nearly 9% over the past 24 hours. Tokenized money market funds as collateral allows traders to keep
China Construction Bank Pulls Planned Listing of Bitcoin-Tradable Bond
Nov 23, 2020 at 9:39 a.m. UTCUpdated Nov 23, 2020 at 9:41 a.m. UTCChina Construction Bank Pulls Planned Listing of Bitcoin-Tradable BondA top Chinese bank has suspended the upcoming listing of a $3 billion bond issuance that was intended to be tradable for bitcoin and U.S. dollars.As reported earlier in November, the Labuan, Malaysia, branch…
Bitcoin Futures Open Interest Tops $21B, Highest Since November 2021
The dollar-valued locked-in open futures and perpetual futures contracts have topped the $21 billion mark for the first time since November 2021.Still, the overall leverage in the market remains low, indicating low odds of sudden liquidations-induced price volatility.The notional open interest, or the dollar value locked in the number of open or active bitcoin (BTC)