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Crypto Markets Spooked as Mt. Gox Moves Over $9B in Bitcoin


The price of bitcoin (BTC) fell sharply after Mt. Gox, the infamous cryptocurrency exchange that went bankrupt a decade ago, began moving billions worth of the cryptocurrency to a new wallet, Mt. Gox’s first bitcoin transfers in five years. So far the transactions total at least $9 billion...

How Binance is Forging a Path Towards Crypto Industry?


Binance is one of the largest and most influential cryptocurrency exchanges in the world. It quickly became a leader in the crypto industry because of its wide range of services and user-friendly interface after its establishment in 2017. The market requirements necessitated the need for constant...

After Half a Decade, Mt. Gox Initiates $2.9B Bitcoin Transfer


Defunct crypto exchange Mt. Gox transferred about 42,829 Bitcoin, valued at roughly $2.9b, to a new wallet according to data from Arkham Intelligence. Bitcoin’s price dropped slightly to $67,787 after reaching a high of $70,600 on Monday. The post After Half a Decade, Mt. Gox Initiates $2.9B...

Turkish Parliament Committee to Review Crypto Bill This Week


The Turkish parliament’s Planning and Budget Committee will discuss a draft law this week that would require crypto asset service providers to obtain licenses and register. This move aims to enhance Turkey’s compliance with the Financial Action Task Force (FATF) standards. In 2021, FATF...

Altcoin Interest Driving South Korean Crypto Craze – Report


Altcoin interest may be the driving factor as South Korean interest in alternative cryptoassets continues to rise, a new report has claimed. The post Altcoin Interest Driving South Korean Crypto Craze – Report appeared first on Cryptonews

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