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German Authorities Announce Bitcoin Sale Completion, Net €2.6 Billion


German authorities have announced the completion of an emergency sale of nearly 50,000 bitcoins, raising about 2.6 billion euros. They explained that this sale was mandated to avoid a potential value decline due to the crypto’s price volatility. The funds are now secured for criminal...

Bitcoin sale nets German government $2.8B


The Dresden Public Prosecutor’s Office has confirmed the emergency sale of 49,858 Bitcoin between June 19 and July 12, 2024, in connection with the Movie2k investigation

Issuance of TRON-Based USDT Exceeds $60 Billion


In a recent social media post, Justin Sun, the founder of TRON, announced that the issuance of TRON-based USDT has reached a significant milestone, exceeding $60 billion. This achievement also marks TRON as the first blockchain to have a single stablecoin valued at more than $60 billion. This...

Bitcoin Alert: Mt. Gox Moves 44,527 BTC Worth $3 Billion


According to on-chain data from Arkham Intelligence, the defunct Japanese crypto exchange Mt. Gox has moved Bitcoin worth $3.07 billion in the last hour. The exchange’s cold wallet (16eAG) moved 47,229 BTC to an unknown address. Mt. Gox Begins Bitcoin Repayments Bitcoin briefly tanked today...

Chainalysis: $100 Billion in Illicit Crypto Funds Traced Since 2019


Crypto analytics firm Chainalysis has previewed an in-depth report on money laundering within the crypto space, providing insights into tracing illicit funds and advanced identification techniques. The firm discovered that since 2019, nearly $100 billion has been transferred from known illicit...

Federal Reserve’s Operating Losses Hit $176 Billion, Analysis Reveals


According to an investigative report by Pam Martens and Russ Martens the owners and operators of wallstreetonparade.com, the U.S. Federal Reserve has been consistently incurring operating losses since Sept. 28, 2022, totaling $176 billion by June 19, 2024. These losses stem from the Fed paying...

Mt. Gox Moves $2.71 Billion BTC, 1544.7 Bitcoin Sent To Bitbank


Mt. Gox, the defunct crypto exchange, has begun moving large amounts of Bitcoin as part of its long-awaited repayment plan. This action, coupled with movements from government-held wallets, has led to a sharp decline in Bitcoin’s price. Breaking Down the Bitcoin Movements According...

Northern Data Mulls US Market AI Entity IPO at up to $16 Billion Valuation


Northern Data, a European cloud computing, artificial intelligence (AI), and bitcoin mining company, is reportedly mulling going public in U.S. markets. The company would be in talks to complete its initial public offering (IPO) in 2025, creating an entity combining its AI cloud computing and data...

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