Bitcoin is set to enjoy adoption in the Central African Republic as a reserve asset.
Summary: Bitcoin miners sold an estimated 14,600 BTC in June. This amount was a 400% increment from May. Continuous selling of BTC by Bitcoin miners is hinting at capitulation. According to JP Morgan, Bitcoin production cost...
Summary: Elon Musk’s lawyers are looking to push the lawsuit Twitter filed against him to February 2023. Twitter has been pushing for a speedy trial stating that it only needed four days to prove that Elon...
Summary: Heather Morgan, accused of attempting to launder $3.6 billion worth of Bitcoin from the 2016 Bitfinex hack alongside her husband, has asked a judge to modify the conditions of her pre-trial release. Mr. Morgan requested...
Summary: CoinFLEX has announced the resumption of crypto exchange trading services. However, withdrawals will be limited to 10% of user funds as 90% of all users’ assets are locked. The CoinFLEX crypto exchange has announced the...
Summary: President Vladimir Putin has signed into law a new bill banning the use of Bitcoin and cryptocurrencies as a form of payment within Russia. Crypto service providers must now reject any transactions that can potentially...
Summary: Bitfinex Bitcoin whale, Joe007, has warned that Celsius Network’s assets could be locked for a ‘long long time’ just like Mt. Gox’s crypto has been locked since 2014. Celsius Network has filed for Chapter 11...
Summary: Michael Saylor has pointed out that the US dollar continues to gain value as annual inflation has hit 9.1%. He adds that other global currencies continue to weaken against the USD, and it is only...
Summary: Voyager Digital has updated on the status of its customer’s USD and crypto. The crypto lending platform emphasizes that customers’ USD deposits are safe. Voyager states it has approximately $1.3 billion worth of crypto assets...
Summary: Creditors of Mt. Gox could soon get repaid in Bitcoin for their 2014 losses when the exchange was hacked. Mt. Gox’s bankruptcy trustee currently holds 141,686 Bitcoin. The distribution and potential selling of the Bitcoin...
Summary: Three Arrows Capital’s bankruptcy filing states that the location of both Su Zhu and Kyle Davies is currently unknown, and the pair might have left Singapore. The document also states that Three Arrows Capital managed...
Summary: The team at CoinFLEX has stated that they have a deficit of $84 million originating from ‘a large individual customer’ that had earlier been identified as Roger Ver. Initially, the deficit was estimated at $47...