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The US Government Is Auctioning $377K Worth of Bitcoin and Litecoin


The U.S. government is selling bitcoin and litecoin worth $377K via the General Services Administration (GSA). The auction closes at 5 p.m. on Monday, with the possibility of an extended closing time. The government auction house is selling the digital assets in 11 lots and so far, the lots have...

Alibaba Launches Blockchain-powered Initiative Amid Coronavirus Fears


A number of Alibaba subsidiaries have begun offering solutions that operators hope will help companies trying to do business while the nation battles the coronavirus – including blockchain-powered online "contactless bidding” features. Per media outlet Crypto Watch, Chinese financial media outlets...

US Government Auctioning off Bitcoins Worth $37 Million in 2 Weeks


The U.S. government has opened registration for the bidding of over 4,040 bitcoins, currently worth more than $37 million, which will be auctioned off on Feb. 18. The winning bidder will be notified on the same day. These bitcoins were forfeited in various federal criminal, civil and administrative...

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