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Another Big 4 Australian Bank Blocks Payments to ‘High-Risk’ Crypto Exchanges
19.7.2023
National Australia Bank (NAB) has joined other major lenders in the country in blocking payments to some cryptocurrency exchanges. The banking institution said it’s introducing new customer protections regarding financial transactions with certain scam-related crypto platforms. Australia’s NAB Bank...
Scarce Open Market Supply of Top Two Gold Tokens as Concentration Levels Run High Among Top Holders
18.7.2023
Over the last six months, the value of an ounce of gold has witnessed a 3.8% surge in relation to the U.S. dollar. Within the realm of cryptocurrencies, there exist two noteworthy tokens backed by gold: pax gold (PAXG) and tether gold (XAUT). Together, these tokens amass a considerable worth...
Cathie Wood's ARK Invest Sells Another $50.5 Million Worth of Coinbase Shares
17.7.2023
The tech-oriented investment manager, ARK Invest, is considered to be one of the largest holders of Coinbase (COIN) shares.
The company owns over 10.5 million shares, and for a long time, the firm was happy to keep piling up shares and continue purchasing more.
However, as of last week,...
China’s Changzhou to Give Away Digital Yuan Tokens, Coupons Worth $700k
17.7.2023
The city of Changzhou, China, is set to give away $700,000 worth of digital yuan tokens and coupons before the year is out, as the nation’s central bank digital currency (CBDC) pilot continues.
Per Changzhou Evening News (via JSChina), the city is hoping to boost CBDC spending during an upcoming...
Bitcoin ETFs: When Will the SEC Say ‘I Do?’
14.7.2023
While bitcoin enthusiasts anxiously await the Securities and Exchange Commission’s (SEC) decision on Blackrock’s spot bitcoin ETF proposal, it’s worth delving into the bigger picture. The following opinion editorial was written by Joseph Collement, General Counsel...
US Government Moves $300 Million Worth of Silk Road Bitcoin – What's Going On?
13.7.2023
The US government has moved its Silk Road Bitcoin (BTC) reserve, stirring up speculations about whether it plans a sale of the assets.
On Wednesday, the Department of Justice (DOJ) transferred $300 million worth of BTC to new addresses in a series of transactions, according to data from...
Bitcoin Price Prediction: Government Transfers $300M Worth of Bitcoin, Mining Difficulty Hits All-Time High
13.7.2023
Bitcoin, the world's largest cryptocurrency, has recently seen a decrease in value, currently trading at $30,330, a drop of 1.07% as of Thursday.
With the government reportedly transferring approximately 10,000 Bitcoin, equivalent to over $300 million, investor sentiment seems to be affected. ...
US government moves nearly 10K Bitcoin worth over $300M related to Silk Road seizure
12.7.2023
The government previously promised to liquidate approximately 40,000 remaining BTC from the seizure in “four more batches” over the remainder of the calendar year
US Government Transfers $300 Million Worth of Seized Silk Road Bitcoins
12.7.2023
On July 12, 2023, onchain data shows the U.S. government transferred 9,800 bitcoins (BTC), worth just over $300 million. These bitcoins originally came from James Zhong’s Silk Road hack. In March, the Department of Justice also moved a similar amount of bitcoins associated with Silk Road....
US Government Moves $300M Worth of Bitcoin Linked to Silk Road: On-Chain Data
12.7.2023
A wallet tagged as belonging to the U.S. government has moved over $300 million worth of bitcoin (BTC) in three separate transactions
Celsius Sues StakeHound for Failing to Return $150M Worth of Tokens
12.7.2023
StakeHound has 55,000 ether, 50 million MATIC, and 66,000 DOT that Celsius wants back
BlackRock Bitcoin ETF could unlock $30 trillion worth of wealth, Bloomberg analyst says
11.7.2023
Following the Blackrock application, a Bitcoin spot ETF was never so close to being approved and it could be a game changer for the crypto industry, explains ETF analyst Eric Balchunas
Crypto Phishing Attack: Gutter Cat Gang Twitter Account Compromised, NFTs Worth $750K Stolen
11.7.2023
The crypto industry has seen yet another hacking attack that resulted in a theft of a massive amount of money.
The hacker or hackers targeted the official Twitter account of Gutter Cat Gang — a popular NFT collection on the Ethereum network.
The hack of the account belonging to the project’s...
NFT Sales Witness 23% Decline This Week, Ethereum Dominates With $130 Million in Sales
8.7.2023
During the first week of H2 2023, non-fungible token (NFT) sales witnessed a 23.39% decline compared to the previous week, marking a two-week downward trend. A total of $195.95 million worth of NFT sales occurred, with Ethereum-based NFTs accounting for $130.77 million. NFT Sales Take a Hit:...
Over $765K worth of NFTs stolen after SIM swap attack on GutterCatGang
8.7.2023
The bad actors utilized a fake GutterCatGang airdrop scam to drain people’s wallets, with at least $700,000 worth of NFTs being stolen from a single address
Is Justin Bieber’s Ape Really Worth $59,000? The Nuances of Valuing NFTs
7.7.2023
Last week, the floor price of popular NFT collection Bored Ape Yacht Club fell to a 20-month low. But determining the value of an individual NFT requires a more nuanced understanding of floor price, rarity traits and cultural significance
BAYC-Centric Apecoin Hits All-Time Low, Suffers 92% Decline From Last Year’s Peak
6.7.2023
In the midst of a considerable drop in the base price of non-fungible tokens (NFTs) from the Bored Ape Yacht Club, the related cryptocurrency, apecoin (APE), has likewise suffered due to the bearish trends in that specific market. While many crypto assets have seen an increase in worth over...
Crypto’s Indiana Jones? Coinbase exec helps recover $322K worth of once-lost crypto
6.7.2023
Conor Grogan tracked down $322,000 worth of dormant ETC and returned it to its owner, who was unaware the money ever existed
Liquid Staking Defi Platforms Now Secure Over 10 Million Ethereum Worth Close to $20B
2.7.2023
Based on recent data, over ten million ethereum is now secured within liquid staking derivatives platforms, with a valuation close to $20 billion at current exchange rates. Two leading liquid staking decentralized finance (defi) protocols, Lido Finance, and Rocket Pool, experienced 30-day growth...
Redditor up 25% after boldly taking out $59K worth of personal loans to buy BTC
1.7.2023
So far they have accrued 2.65 BTC at an average price well under the current level of around $30,000 for 1 BTC