207,000 Bitcoins Have Exited Exchanges From Late July Till Present
Despite the market’s current bearish trend, Bitcoin balances on leading exchanges continue to be a source of bullish expectations. According to Glassnode’s latest on-chain analysis, there have been large outflows of Bitcoin from the market, with the exception of a few exchanges. The Bitcoin exchange balances are edging closer to relative equilibrium. The market appeared to be […]
Sneaker brand Skechers opens a store in the metaverse
Skechers, a global shoe brand has leased the equivalent of a 5,000-square-foot site on Metaverse Group’s virtual land to open an immersive store in the Decentraland Metaverse’s Fashion Street Estate. Skechers, the world’s third-largest athletic footwear brand based in Southern California, recently filed trademark applications to sell virtual things such as footwear and clothing, setting […]
The US DOJ seizes $28M in crypto connected to the NetWalker Ransomware
Over $28 million in crypto has been seized in connection with the extradition of Sebastien Vachon-Desjardins, a former Canadian government employee, to the United States on accusations related to the Netwalker ransomware. Vachon-Desjardins has been charged with conspiracy to commit computer fraud and wire fraud, intentional damage to a protected computer, and transmitting a demand […]
UK’s Financial Conduct Authority (FCA) Orders the Shutdown of all Bitcoin ATMs in the UK
The Financial Conduct Authority (FCA) in the UK has told operators of crypto cashpoints to shut their machines down. Financial Conduct Authority Shuts Down Bitcoin ATMs in UK According to a statement made today by the UK’s Financial Conduct Authority (FCA), crypto ATM operators have been advised to take down their machines or risk enforcement […]
The UK’s FCA orders unregistered Bitcoin ATMs to shutdown
The UK’s financial regulator, the Financial Conduct Authority (FCA), has published a statement that requires all non-registered Bitcoin ATMs to be immediately closed down. The United Kingdom government has issued a severe “shut down or face further action” order to operators of Bitcoin ATMs, explaining their intentions to contact these companies to confirm the notification, […]