DOJ Seizes $3.36 Billion In Second-largest Bitcoin Recovery
The U.S. Department of Justice(DOJ) announced on Monday that law enforcement seized $3.36 billion in bitcoin from a man who “illegally obtained” more than 50,676 bitcoin from the dark-web market, Silk Road, over a decade ago. According to the U.S. Attorney for the Southern District of New York, the man identified as James Zhong of Gainesville, […]
Germany becomes most favorable crypto economy in Q3 – Report
After previously holding a joint top-rank position with the United States, Germany is now the country with the most favourable crypto economy in 2022’s third quarter (Q3). In the third quarter of 2022, Germany became the most promising crypto economy in the entire globe, according to a recent study by Coincub. The joint top-rank holder […]
Crypto Miners Are Still Building Amid Market Rout
Despite a market that is deteriorating and some miners battling to survive, crypto miners are nonetheless creating cutting-edge data centers. Popular crypto news correspondents visited bitcoin (BTC) mines in two U.S. states over the course of the summer to observe how Crypto Miners are continuing to construct data centers to support the Bitcoin network despite […]
Tether Backs Tornado Cash Addresses
The company that made the stablecoin thinks that freezing secondary Tornado Cash addresses is too soon and is waiting for more information from U.S. authorities. Tether, which makes stablecoins, has said again that it will not block Tornado Cash addresses. It also said that U.S. authorities or law enforcement have not yet asked it to […]
US Regulator ‘unfairly’ Pressures Banks To Shun Crypto Companies
Senator Pat Toomey of the United States said that whistleblowers told him that the FDIC was pressuring banks to stop doing business with crypto companies. U.S. Sen. Pat Toomey (R-Pa.) said on Tuesday that he had heard that the Federal Deposit Insurance Corporation (FDIC) might be putting pressure on banks to stop them from doing […]