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Mt. Gox Moved Bitcoin Worth $2.8 Billion in the Last 6 Hours


Mt. Gox, a Japanese crypto exchange, continued its Bitcoin payment plan to creditors today. According to on-chain data from Arkham Intelligence, Mt. Gox moved Bitcoin worth $2.805 billion in four hours. Mt. Gox continues its Bitcoin payment plan  Earlier today, the exchange transferred 37,477...

Crypto-Friendly Revolut Targets $45 Billion Valuation in Upcoming Share Sale


Revolut, the crypto-friendly digital bank, is reportedly planning to sell $500 million of employee shares, targeting a staggering valuation of $45 billion. This move is seen as a significant step towards a potential Initial Public Offering (IPO). Revolut’s progressive approach to cryptocurrencies...

EU to Send Ukraine 1.4 Billion Euros From Frozen Russian Assets


The European Union (EU) is set to provide Ukraine with 1.4 billion euros ($1.52 billion) in military aid, sourced from the interest on frozen Russian assets. This decision, announced by EU High Representative for Foreign Affairs and Security Policy Josep Borrell during a Council on Foreign Affairs...

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...

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