Early Bitcoin-era whale moves $630K to Kraken, $5.5M in 2 months

BlackRock’s IBIT Bitcoin fund had its biggest inflow day since July 22 as Bitcoin slipped back under $64,000 following a weekly rally.

A gang of four robbers has reportedly stolen about $450,000 from a crypto trader in Hong Kong. 1920 Total views 7 Total shares Robbers posing as cryptocurrency buyers have stolen about 3.5 million Hong Kong dollars ($450,000) from a woman in Hong Kong.According to a report by the South China Morning Post on Tuesday, the…

Bitcoin (BTC) may suffer when the first spot exchange-traded fund (ETF) is approved by the United States, a new warning says.In a thread on X (formerly Twitter) on Nov. 28, Joshua Lim, head of derivatives at capital market firm Genesis Trading, predicted a volatile start to 2024 for BTC price action.Bitcoin ETF approval: Retail may

A direct descendant of an Italian dynasty that ran a banking empire in the 1400s is launching a new bank focusing on “digital-centric commerce and investing,” according to a news release published on May 8.Prince Lorenzo de’ Medici, president of the eponymous Medici Bank, said he has been motivated by advancements in blockchain technology to start the new venture,…

The new digital asset management platform still requires the approval of the Central Bank of the United Arab Emirates. 

“Imagine if someone had detected COVID-19 before it spread around the world – that is our vision,” said professor Raina MacIntyre. 1929 Total views 7 Total shares Ethereum co-founder Vitalik Buterin has donated $4 million worth of USD Coin (USDC) to the University of New South Wales (UNSW) to support the development of a pandemic…

United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce has formally proposed safe harbor for token projects.After initially floating the idea in August 2019, Peirce has now formally presented a regulatory vision that would create a safe harbor for projects that raise funds to build decentralized networks.Peirce proposes to provide decentralized network developers with…

Bitcoin hashprice, when compared to BTC price action, is reminiscent of conditions that preceded the 2020 breakout to new all-time highs.

South Korean crypto exchanges have reached the government-mandated deadline to come into compliance with the so-called Travel Rule, but not all industry players are pleased with the measure.Starting today, Korean exchanges will flag any crypto transfers worth more than roughly $821. Transfers higher than that value will be restricted to user-verified wallets and a select…