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Coinbase Deal Backs US Govt’s $2B BTC Transfer-Analyst

Coinbase UK Hit with $4.5M Fine for High-Risk Customer Onboarding

According to Bloomberg analyst, the US government’s $2B BTC transfer has sparked discussions, saying a potential Coinbase deal is the reason. James Seyffart, a senior ETF analyst at Bloomberg, has sparked speculation that the US government’s recent Bitcoin transfer may have resulted from a prospective Coinbase deal. Arkham Intelligence reported that the United States government […]

Cardano Founder Questions Peter Schiff’s Bitcoin Understanding

Cardano founder criticizes U.S. Tornado cash sanctions

Charles Hoskinson, Cardano founder, criticizes Peter Schiff’s knowledge of the flagship cryptocurrency, Bitcoin, and his skepticism regarding BTC as misguided. Charles Hoskinson, the founder of Cardano, has publicly criticized Peter Schiff’s comprehension of Bitcoin. Peter Schiff, recognized for his anti-Bitcoin position, has frequently expressed skepticism regarding the cryptocurrency. In recent X posts, Schiff has referred […]

US Federal Reserve Quit Enforcement Action With Silvergate Bank

Silvergate Cuts Workforce, Sold Assets At Steep Loss

The U.S. Federal Reserve has dropped an enforcement action against crypto-friendly Silvergate Bank over a breach of AML regulations. The enforcement action against Silvergate Bank and its holding company, Silvergate Capital Corporation, has been terminated by the United States Federal Reserve. The institution was fined $43 million by the central bank’s Board of directors this […]

Mt. Gox Transfers Additional $2.47b in BTC to Bitstamp

Mt. Gox Transfers Additional $2.47b in BTC to Bitstamp

In the midst of continuous creditor repayments, Mt. Gox recently transferred a sizeable portion of Bitcoin to the Bitstamp cryptocurrency exchange.  The first transaction took place today at 04:46 UTC, according to on-chain data from Arkham Intelligence. It involved the movements of 32,371 BTC, valued at $2.13 billion, to the newly activated address “12Gws9,” and […]

Mt. Gox transfers 5,106 BTC to Bitstamp Wallet

Mt. Gox transfers 5,106 BTC to Bitstamp Wallet

Mt. Gox resumed its reparations by transferring 5,106 Bitcoin, valued at approximately $335 million, to the crypto exchange Bitstamp and an unidentified address. At 6:16 am UTC, Arkham Intelligence data indicates that two transfers of 5,106 Bitcoin were dispatched. Bitstamp received 2,237 BTC valued at $147 million, while an unknown address received approximately 2,869 BTC. […]