Kraken Recovers $3M from Certik Following Bounty Fiasco
Nick Percoco, Kraken’s chief security officer, said the Crypto exchange recovered the money stolen due to a technological fault. Percoco said on X on June 20 that the exchange had successfully recovered the monies. The security research firm engaged in the incident was named Certik in previous disclosures, albeit the Kraken CSO did not specify […]
MicroStrategy Buys 12k New BTC
MicroStrategy has bought another $786 million worth of Bitcoins, demonstrating that it is still going strong. MicroStrategy’s founder, Michael Saylor, revealed in an early Thursday morning X post that the company had increased its holdings of Bitcoin by 11,931 BTC for $786 million in cash. In a regulatory filing , the business also stated that […]
German Government Transferred 200 Bitcoin To Coinbase
Germany continues to move Bitcoin to selloff positions, with the latest 200 BTC sent to the Coinbase exchange. Arkham Intelligence has identified a sequence of Bitcoin (BTC) transfers from a German government account to several prominent exchanges in less than 48 hours. Germany’s Bitcoin Transfers Raising Concerns The German government transferred 200 Bitcoin (BTC) to […]
Bitwise CIO Gives Top 3 Reasons To Buy Ethereum
Bitwise CIO Matt Hougan believes investors should incorporate Ethereum (ETH) into their financial portfolios for balanced investment. Investing in Ethereum and Bitcoin In recent weeks, the second-largest cryptocurrency by market capitalization has been discussed among crypto enthusiasts, industry key actors, and regulators for various reasons. Hougan personally selected the crypto asset, emphasizing why investors should […]
Jump Crypto Facing United States CFTC Investigation
Jump Crypto is reportedly under investigation by the United States CFTC following a series of interrogating engagements in the industry. Jump Crypto, a financial institution in Chicago, has recently been the subject of the Commodity Futures Trading Commission (CFTC) investigation. Issues Raised About Jump Crypto The United States regulator is concerned about Jump Crypto’s involvement […]