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Over $4 Billion in Bitcoin Options Set to Expire Friday, BTC Derivatives Markets Still Frothy
27.4.2021
Bitcoin options markets are set to see a large expiry on Friday as more than 77,000 BTC worth over $4 billion in derivatives contracts are set to expire. The lion’s share of bitcoin options stems from the derivatives trading platform Deribit, as the exchange has more than $11 billion in open...
Tax Authority Seizes Cryptocurrencies Worth $25 Million From Hundreds of Crypto Investors in South Korea
24.4.2021
The tax department of the Seoul metropolitan government in South Korea has reportedly seized cryptocurrencies worth about $25 million from hundreds of crypto investors with delinquent taxes. The cryptocurrencies, including bitcoin, were seized from three exchanges. The tax authority is now going...
Seoul government seizes $22M worth of crypto from tax evaders
23.4.2021
The City of Seoul becomes the first city in South Korea to confiscate cryptocurrencies owned by tax delinquents
Clone Hero Is So Much Fun I Don't Mind The Carpal Tunnel
23.4.2021
As the last of the notes disappeared from the screen, I put my fake, plastic guitar down to look at my hands. They were shaking, and my fingers were curled as if they were still wrapped around the fretboard. I felt pain twisting around my wrist and creeping into my finger joints. Still, I wore...
Sale of MTI Bitcoins in South Africa Briefly Wipes out Premium Buyers
22.4.2021
The premium or arbitrage gap on bitcoin in South Africa recently turned negative following the offloading of coins worth over $75 million by liquidators of MTI. As a result of the temporary supply glut, buying bitcoins on local South African exchanges briefly became cheaper than buying on overseas...
Whales Move Over $4 Billion in BTC During Sunday’s Market Carnage, 150 Bitcoin from 2010 Spent
19.4.2021
After bitcoin and a myriad of other crypto-assets tumbled in value on Sunday a number of significant whale movements took place. During the morning trading sessions on Sunday (EST), an old school miner transferred three decade-old coinbase rewards with 150 bitcoin worth more than $8.5 million....
Player Bags Big Win on ‘Elvis Frog in Vegas’ Slot at Bitcoin.com Games, Encashes $110,000 in BTC
18.4.2021
Bitcoin.com Games brings $110,000 worth of smiles and happiness to this player! Massive Win on ‘Elvis Frog in Vegas’ Earlier in March, a fortunate player cashed out $160,000 in two epic winning rounds on The Dog House Megaways slot at Bitcoin.com Games. Now, another lucky player...
Blockcap Mined $33M in BTC in First Quarter, Q1 Bitcoin Revenue Outshines US Competitors
17.4.2021
The Texas-based Blockcap Incorporated revealed the blockchain and mining firm has mined approximately 544 bitcoins during the first quarter of 2021. Blockcap says the $33 million worth of bitcoin stems from the firm’s fleet of 12,176 mining rigs. Blockcap Rakes in 544 Bitcoins During the last...
Cathie Woods' Ark buys a further $110M worth of Coinbase shares
16.4.2021
Three exchange-traded funds offered by Cathie Wood’s Ark Invest added a total of 341,186 shares in Coinbase (COIN) worth a combined $110 million on April 15
BNB Drops As Binance Burns Almost USD 600M Worth of Coins
16.4.2021
Source: a screenshot, Instagram/binance
Binance coin (BNB) is the worst-performing major cryptoasset today as Binance said it has completed its 15th quarterly BNB token burn, destroying BNB 1,099,888 (USD 5.8bn).
At 09:19 UTC, BNB trades at USD 523 and is down by 4% in an hour and a day, trimming...
Garry Tan’s 2013 investment of $300K in Coinbase is now worth $2.4B
15.4.2021
Prominent angel investor Garry Tan invested $300,000 in Coinbase in 2013 and with today's COIN listing it's now worth $2.4 billion
Over $750 Million in Bitcoin from the 2016 Bitfinex Hack Moved Today
14.4.2021
On Wednesday, after bitcoin prices touched a new all-time high, thousands of bitcoins from the August 2, 2016, Bitfinex hack were transferred to unknown wallets. The exact count of BTC moved from the hack is not entirely clear, but one blockchain parser shows that over 12,208 BTC from the 2016...
US firm splashes out on 4,800 Bitcoin miners worth $34M
13.4.2021
A U.S. firm expects to double its Bitcoin hashing power after the purchase of 4,800 new S19J mining rigs from Bitmain
Why is XRP seeing a monster rally when Ripple is worth just $3B on the secondary market?
11.4.2021
Ripple is reportedly trading at a $2 to $3 billion valuation but its XRP holdings are worth around $70 billion
Report Claims Ukrainian Officials Hold Over $2.6 Billion in Bitcoin
10.4.2021
The latest declarations from Ukrainian public officials revealed a billion-dollar amount of money they allegedly own in bitcoin. An online incentive gathered data from 791,872 state employees and 652 respondents disclosed their crypto holdings. The Biggest Crypto Holder in the Report Has 18,000...
Chinese Tech Firm Meitu Buys 175 Bitcoin, Treasury Now Holds $100 Million Worth in BTC and ETH
9.4.2021
The China-based smartphone and internet app maker Meitu has announced the acquisition of $10 million worth of bitcoin for its treasury after the firm purchased digital assets two times prior last month. The company’s cryptocurrency holdings now stack up to $100 million worth of ethereum...
DeFi Yield Protocol (DYP) Witnesses Massive Growth Following Binance Smart Chain Integration
9.4.2021
DeFi Yield Protocol (DYP) continues to attain popularity within the decentralized finance sector. Since the launch of the staking dAPP three months ago, DYP Protocol has experienced massive growth in its community. DeFi Yield Protocol The yield farming platform has over $39 million locked in...
CEO of biggest crypto exchange has ‘close to 100%’ of net worth in crypto
7.4.2021
Binance founder and CEO Changpeng Zhao is placing his bets on crypto
Space Jam
6.4.2021
It’s certainly worth noting that the Space Jam website, which made its way into umpteen conference talks for being fabulous evidence of the web’s strength in backward compatibility, has been replaced. We could have saw that coming. Everything is …
The post Space Jam appeared...
British Authorities Take Down Dark Web Ecstasy Gang, Seize $5.8M in Drugs
6.4.2021
The string of dark web gangs being cracked down by law enforcement is still alive across the world. Recently, the British authorities dismantled an unnamed dark web band known for selling ecstasy and gathering millions of dollars worth of crypto. Gang Sold Ecstasy, Amphetamine, and Diazepam...