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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
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
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, 2024On 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, 2024The 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, 2024The 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, 2024Global 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, 2024VanEck's spot Bitcoin ETF (VBTC) just launched on the Australian Securities Exchange (ASX), the country's largest stock exchange. "ASX welcomes VBTC to the exchange!" announced ASX. ASX welcomes VBTC to the exchange! Congratulations to the @vaneck_au team for launching the first crypto ETF
Bitcoin • Business • Jun 20, 2024MicroStrategy, a business intelligence and software company, has acquired an additional 11,931 Bitcoin for a total of $786 million. MicroStrategy has acquired an additional 11,931 BTC for ~$786.0M using proceeds from convertible notes & excess cash for ~$65,883 per #bitcoin. As of 6/20/24, $MSTR
Bitcoin • Business • Jun 20, 2024On June 20th, the Australian Securities Exchange (ASX), the largest stock market in Australia, approved the listing of its first spot Bitcoin exchange-traded fund (ETF). This new ETF, called the VanEck Bitcoin ETF (VBTC), will be issued by VanEck. The ASX's decision follows the successful launch of Bitcoin
Bitcoin • Markets • Jun 17, 2024At the BTC Prague 2024 conference, Michael Saylor, executive chairman of MicroStrategy, delivered a keynote address predicting that Bitcoin's price could reach up to $8 million (and even $24 million) per coin. This prediction was part of his presentation on the “21 Rules of HODLing Bitcoin,” which outlines
Bitcoin • News • Jun 15, 2024