Mt. Gox Moves 13,265 BTC, Bitcoin Drops Below $60K
Mt. Gox still holds 46,164 bitcoins valued at $2.74 billion, with expectations of completing repayments by year-end. Within the past 24 hours, the cryptocurrency exchange Mt. Gox has once again transferred a whopping 13,265 bitcoins worth a stunning $784 million to two wallets that are unknown to the public. This information comes from the most […]
BlackRock Now 3rd-Largest Bitcoin Holder with 350,000 BTC
BlackRock’s accumulation of nearly 350,000 BTC marks a strategic shift, now making the company 3rd largest bitcoin holder, fuelled by successful Bitcoin ETFs and growing institutional interest. The success of its Bitcoin-focused ETFs and the increased interest of institutional investors have contributed to BlackRock’s growing presence in the cryptocurrency market, which has led to this […]
Lawsuit Labels Binance a ‘Crypto-Wash Empire’ Over Money Laundering
Binance and former CEO Changpeng Zhao face a class-action lawsuit in Seattle, alleging consumer harm from the exchange’s money laundering activities. The suit claims they prioritized profits by enabling illicit actors to launder funds. In a Seattle Federal court, a new class-action lawsuit has been filed against Binance and its former CEO, Changpeng Zhao, for […]
Metaplanet Increases Bitcoin Holdings
Metaplanet purchased 57.273 BTC for $3.4 million, bringing its Bitcoin holdings to around $22 million. Metaplanet, a Japanese investment adviser, has acquired an additional 57.273 BTC for $3.4 million. The company’s Bitcoin holdings were approximately $22 million as of August 20. A loan with an annual interest rate of 0.1% was arranged by the company […]