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Bitcoin Dormant Supply Metric Mirrors 2016 Run-Up to $20K BTC Price
29.6.2020
61% of the Bitcoin supply has stayed in the same place for a year or more — the only time that happened was before its all-time highs
UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis Relief
1.6.2020
The UK government is seizing funds in dormant bank accounts worth approximately $185 million to fund its coronavirus relief efforts. So far, 30 banks have been voluntarily transferring money from dormant accounts to the government, including HSBC, Barclays, Clydesdale, Credit Agricole, Danske...
Close to 11 Million BTC Haven’t Moved in Over a Year
13.1.2020
According to a new research report published by Digital Asset Data, more than 10 million BTC has been sitting dormant for a whole year. Data shows that unmoved bitcoins account for roughly 59% of the current minted supply and it’s the largest number of dormant coins since the start of 2017....
Circle Warns Poloniex US Customer Assets May Be Sent to the Government
5.12.2019
As part of its release of the cryptocurrency exchange Poloniex, Circle may begin charging fees to Poloniex US customers. And the company warns that any unclaimed digital assets, those in dormant accounts, may be sent to state governments, consistent with relevant regulations for abandoned property....
SEC’s Overstock’s ICO Probe ‘Dormant’ Since Late 2018, CEO Says
5.9.2019
Patrick Byrne’s exit from Overstock has nothing to do with the ongoing SEC investigation, the firm’s interim CEO says