The U.S. Department of Justice has charged two Russian nationals for hacking Mt Gox in 2011 and stealing over 647,000 BTC from the Bitcoin exchange.
Quick take: Ukraine has purchased military gear with $15 million from crypto donations The supplies include bulletproof vests, night vision goggles, medical equipment, and military-grade food rations Total crypto donations to Ukraine have exceeded $64.6 million...
Crypto trading rose by 107%in Ukraine since the conflict began Combined Russian-Ukraine crypto trading in USDT and BUSD pairs has attracted an average of US$80m a day at times. A recent report issued by Financial Times...
Quick take: Crypto trade volume on the Ukrainian crypto exchange of Kuna spiked by 220% on February 24th The increment was the result of the Ukrainian Central bank suspending e-money transfers The daily trade volume on...
Analysts and investors alike tend to get consumed with Bitcoin’s short-term price action, as they are largely guided by the belief that short-term developments in the crypto’s technical formations will lead to long-term trends. Despite this,...
Summary: South Africa-based Cornelius Johannes Steynberg was fined $3.4 billion for running an unregistered Bitcoin commodity pool operation, the CFTC announced in a Thursday statement. Steynberg founded Mirror Trading International (MTI), a BTC pool operator that...
Tom Lee, co-founder of Fundstrat Global Advisors, believes recent interest rate cuts by the US Federal Reserve are a net positive for Bitcoin’s development and propagation. In an interview with Fox Business on July 31st, Lee...
U.S. authorities plan to offload 41K Bitcoin in 2023 after selling 9,800 BTC for $216 million on March 14.
As another US Senate Committee on Banking convened this week, the topic inevitably turned to Bitcoin and cryptocurrencies once again. This time the key take from the proceedings was that banning Bitcoin would not be possible...
Summary: The US Treasury Department has sanctioned a cryptocurrency mixer for the first time Blender.io has been added to the OFAC’s SDN list for assisting in illicit transactions that pose a threat to the United States...
Quick take: US Treasury Secretary Yellen has stated that a Central Bank Digital Currency (CBDC) could diminish the proliferation of stablecoins She also mentioned that both could coexist as stablecoins could offer faster, efficient, and cheaper...
Quick summary: According to CoinShares, digital asset investment products saw record weekly inflows of $274 million last week Bitcoin also saw $299 million in inflows in the last week Institutions saw the recent crypto market meltdown...