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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...

Reddit Poll Shows Mt. Gox Creditors Favor Holding Bitcoin


A recent poll on the Reddit Mt. Gox forum revealed that the majority of creditors plan to keep their Bitcoin once compensation is received. A vote on the Reddit MtGox forum showed that among the 467 members who participated in the vote, 260 people chose not to sell the bitcoins after receiving...

Bitcoin hits $65k, Ethereum nears $3.5k, while memecoins rejoice


The crypto market is undergoing rapid changes, thanks to big names like Ethereum making massive modifications. The SEC recently approved two major Spot Ethereum ETFs in the US for trading, putting crypto in the limelight. In the meantime, Bitcoin has managed to reclaim its $65,000 mark. In...

Undeads Game Beta Playtest Starts August 10


PRESS RELEASE. The Undeads team is thrilled to announce the first public beta for their flagship game, Undeads, a gripping battle royale experience available on Steam. Players will compete to be the last one standing, choosing to survive as either a Zombie or a Human. As a token of appreciation...

Maelstrom Launches Bitcoin Grant Program Aiming to Support Developers


The Arthur Hayes-linked Bitcoin-supporting entity Maelstorm has launched a grant program to assist with the technical development of Bitcoin. Developers who wish to receive grants—ranging from $50,000 to $150,000 each—must submit applications on or before August 25. Enhancing Bitcoin’s Resilience...

Okx Quits Nigerian Market, Users Urged to Withdraw Funds Before Deadline


Okx, a leading cryptocurrency exchange, has announced its decision to discontinue services in Nigeria starting from August 16, 2024. The company cited unfavorable policies by the Nigerian government as the reason for this move. Okx said Nigerian users are advised to withdraw their funds from...

Fake Professors Scam Crypto Investors on Telegram and Whatsapp, DFI Warns


The Washington State Department of Financial Institutions (DFI) has reported multiple complaints about cryptocurrency scams on Whatsapp and Telegram involving fake “professors.” These scams lure investors through social media ads and false educational institutions, promising high...

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