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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
Coinbase has filed lawsuits against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC), alleging attempts to undermine the Bitcoin and cryptocurrency sector. The lawsuits, submitted on June 27th in the Washington D.C. district court, claim that the SEC and FDIC did not comply with
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, 2024The 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, 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, 2024Coinbase has filed lawsuits against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC), alleging attempts to undermine the Bitcoin and cryptocurrency sector. The lawsuits, submitted on June 27th in the Washington D.C. district court, claim that the SEC and FDIC did not comply with
Bitcoin • Business • Jun 27, 2024An anonymous Bitcoin donor has contributed over $500,000 in Bitcoin to cover the expenses for WikiLeaks founder Julian Assange's return to Australia. Assange has been released after pleading guilty in a U.S. court as part of a deal ending his 14-year legal battle. Julien Assange received
Bitcoin • News • Jun 26, 2024Congressman Matt Gaetz (R-FL) has proposed a new bill to allow federal income tax payments in Bitcoin, as first reported by the Daily Wire. This legislation seeks to amend the Internal Revenue Code of 1986, directing the Treasury Secretary to devise a plan for accepting Bitcoin as payment. BREAKING: Today,
Bitcoin • Economy • Jun 25, 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, 2024