Cryptocurrency
Millions in Seized Bitcoin Moved to Kraken by German Authorities
German gov's BTC transfers indicate active liquidation strategies, sending $15.41M to Bitstamp and Kraken. Total $150M BTC moved to exchanges; 45,609 BTC ($2.8B) still held…
Celsius Bankruptcy: Creditors Seek Millions in Lost Crypto Value
Celsius creditors seek a second payout after initial 35% reduction in corporate account claims. Payment switch from crypto to cash caused significant losses for Celsius…
Binance’s KYC Crackdown Underscores Importance of KYC in Web3
Binance banned 297 accounts to counter the unfair centralization of funds within its Megadrop campaign. Funds from frozen fraudulent accounts are reallocated to enhance Binance's…
U.S. Economic Data to Determine Short-Term Bitcoin Price Movement
Gustavo Faria thinks that a local bottom has emerged on the Bitcoin price. Bitcoin underwent a correction of approximately 15% in the past three weeks.…
FTX Bankruptcy: $16 Billion Recovered, Cash Payments Planned for Customers
FTX can now solicit creditor votes on its liquidation plan. Customers to be repaid in cash, not cryptocurrency. Dispute over repayment values based on 2022…
The Crypto Scam That Landed Two Executives in Prison
Hydrogen CEO Michael Kane will serve 3 years and 9 months behind bars. Head of Engineering Shane Hampton will serve for 2 years and 11…
Another Major USDC Burn: Circle Destroys Millions of Stablecoins Again
Circle's USDC Treasury burns $150M in USDC tokens on the Ethereum blockchain. Circle burns USDC tokens to redeem US dollars for businesses. This latest large-scale…
Paying Your Taxes with Bitcoin? It Could Soon Be a Reality in the U.S.
Rep. Matt Gaetz wants people to pay federal taxes using Bitcoin to update the tax system. Colorado accepts cryptocurrency for taxes, and Gaetz wants this…
Cardano Network Thwarts DDoS Attack Targeting Staked ADA
Cardano's swift developer response effectively mitigated a DDoS attack, ensuring network stability and security. The attack aimed to disrupt Cardano by executing 194 smart contracts…
Singapore’s Alchemy Pay Expands into South Korea with Danal Partnership
Alchemy Pay, Danal and Danal Fintech sign a strategic partnership to boost their global payment solutions and cooperation. Alchemy Pay partnership aims to leverage expertise…
