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Bitcoin Price Drops as Mt. Gox Begins Repayments
Bitcoin Price Drops as Mt. Gox Begins Repayments
Bitcoin  -  Markets  -  Jul 05, 2024 by Deniz Saat

Bitcoin's price dropped this week, falling below $55,000 for the first time since February, as the defunct Mt. Gox exchange began distributing billions in owed funds. Mt. Gox announced it has started repayments to creditors, ending years of waiting since its 2014 collapse. The Japan-based exchange will

Sony Announces Launch of New Bitcoin Exchange
Sony Announces Launch of New Bitcoin Exchange
Bitcoin  -  Business  -  Jul 01, 2024 by Deniz Saat

Sony Group is set to introduce a Bitcoin and cryptocurrency exchange in Japan after acquiring Amber Japan, a local subsidiary of Amber Group. The revamped exchange will be named S.BLOX. In 2023, Sony acquired Amber Japan through its subsidiary, Quetta Web. Previously, Amber Japan was known as DeCurret until

German Government Transfers Additional $56 Million in Bitcoin
German Government Transfers Additional $56 Million in Bitcoin

On July 8th, the German government continued its transfer of Bitcoin to exchanges, moving over $56 million worth in several transactions. Blockchain data shows that government-associated addresses transferred 500 Bitcoin to Bitstamp and Coinbase (250 Bitcoin each) at 14:48 UTC+8, valued at approximately $27.9 million, and an

Bitcoin  -  Politics  -  Jul 08, 2024
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German Government Transfers Additional $56 Million in Bitcoin
German Government Transfers Additional $56 Million in Bitcoin

On July 8th, the German government continued its transfer of Bitcoin to exchanges, moving over $56 million worth in several transactions. Blockchain data shows that government-associated addresses transferred 500 Bitcoin to Bitstamp and Coinbase (250 Bitcoin each) at 14:48 UTC+8, valued at approximately $27.9 million, and an

Bitcoin  -  Politics  -  Jul 08, 2024
Bitcoin Price Drops as Mt. Gox Begins Repayments
Bitcoin Price Drops as Mt. Gox Begins Repayments

Bitcoin's price dropped this week, falling below $55,000 for the first time since February, as the defunct Mt. Gox exchange began distributing billions in owed funds. Mt. Gox announced it has started repayments to creditors, ending years of waiting since its 2014 collapse. The Japan-based exchange will

Bitcoin  -  Markets  -  Jul 05, 2024
Sony Announces Launch of New Bitcoin Exchange
Sony Announces Launch of New Bitcoin Exchange

Sony Group is set to introduce a Bitcoin and cryptocurrency exchange in Japan after acquiring Amber Japan, a local subsidiary of Amber Group. The revamped exchange will be named S.BLOX. In 2023, Sony acquired Amber Japan through its subsidiary, Quetta Web. Previously, Amber Japan was known as DeCurret until

Bitcoin  -  Business  -  Jul 01, 2024
German Government Transfers Additional Bitcoin to Exchanges
German Government Transfers Additional Bitcoin to Exchanges

The German Federal Criminal Police Office (BKA) transferred an additional 1,500 Bitcoin, valued at nearly $95 million, to various Bitcoin and crypto exchanges, including Bitstamp, Coinbase, and Kraken, on July 1st. Since June 19th, the German government has moved Bitcoin worth approximately $220 million to different exchanges, according to

Bitcoin  -  Politics  -  Jul 01, 2024
U.S. Government Transfers Millions in Bitcoin to Coinbase
U.S. Government Transfers Millions in Bitcoin to Coinbase

On June 26th, the US government transferred 3,940 Bitcoin to Coinbase Prime, Coinbase's platform for institutional trading. This transaction was identified by blockchain analytics firm Arkham Intelligence. The Bitcoin that was transferred had been confiscated from Banmeet Singh, a convicted drug trafficker, earlier in 2024.  Singh was

Bitcoin  -  Politics  -  Jun 27, 2024
German Government Transfers Millions of Dollars Worth of Bitcoin to Exchanges
German Government Transfers Millions of Dollars Worth of Bitcoin to Exchanges

The transfers originated from a wallet linked to the German Federal Criminal Police Office (BKA). In 2013, the BKA confiscated nearly 50,000 Bitcoin from a film piracy site. On June 25th, the BKA wallet transferred $24 million worth of Bitcoin across two transactions to Kraken and Coinbase. Additionally, $30

Bitcoin  -  Business  -  Jun 25, 2024
Mt. Gox To Begin Bitcoin Repayments Starting in July
Mt. Gox To Begin Bitcoin Repayments Starting in July

The now-defunct Bitcoin exchange Mt. Gox has announced it will commence the distribution of assets stolen from clients during a 2014 hack starting in July, following years of delayed deadlines. In a statement posted on the Mt. Gox website today, trustee Nobuaki Kobayashi said, "the Rehabilitation Trustee has been

Bitcoin  -  Markets  -  Jun 24, 2024
Standard Chartered Is Launching a Bitcoin Trading Platform
Standard Chartered Is Launching a Bitcoin Trading Platform

Global banking powerhouse Standard Chartered is set to introduce a spot trading desk for Bitcoin and Ether, making it one of the first prominent banks to provide direct spot trading services for Bitcoin. Bloomberg reports that the new Bitcoin trading desk, based in London, will begin operations shortly and will

Bitcoin  -  Markets  -  Jun 21, 2024
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