[ad_2][ad_1] On November 3, 2020, the cryptocurrency community noted that one of the largest addresses holding 69,369 bitcoins from the Silk Road was transferred. Following the onchain movement, the US government revealed that it seized the coins from a person they dubbed “Individual X”. The following is an in-depth look …
Read More »One billion dollars worth of Bitcoin moved by an unknown identity
[ad_2][ad_1] KuCoin CEO Johnny Lyu recently revealed via his Twitter feed the recovery of most of the cryptocurrencies stolen by hackers a few weeks ago, which caused a wave among cryptocurrency investors in the crypto-verse. In a report seen by Nairametrics, KuCoin’s CEO said around 84% of affected cryptocurrencies have …
Read More »The feds seize stolen bitcoins worth over $ 1 billion
[ad_2][ad_1] Federal officials seized more than $ 1 billion worth of stolen bitcoins linked to the closed black market website Silk Road. According to the United States Department of Justice, Silk Road has allowed a range of criminal activities, including the sale of illegal drugs and hacking. Its founder Ross …
Read More »Ripple bought $ 46 million worth of XRP in the third quarter of 2020
[ad_2][ad_1] In the letter Ripple bought nearly $ 46 million worth of XRP in the third quarter of 2020. Ripple had previously said it was in the business of buying XRP. Ripple said the purchase was designed to support healthy markets. Ripple, the company that focuses on the XRP cryptocurrency, …
Read More »The United States seizes $ 1 billion worth of bitcoins linked to the Silk Road site | Technology
[ad_2][ad_1] The US government has seized more than $ 1 billion worth of bitcoins linked to the closed Silk Road darknet market and is suing for formal confiscation of the funds. The case is the largest cryptocurrency seizure in history and explains why bitcoin changed hands this week. Analysts had …
Read More »The United States seizes previously undetected Silk Road bitcoins worth over $ 1 billion
[ad_2][ad_1] The US government has seized over $ 1 billion worth of bitcoin from previously undetected transactions associated with the Silk Road market and is now seeking the confiscation of the cryptocurrency. The United States confiscates $ 1 billion worth of Bitcoin from Silk Road The U.S. government filed a …
Read More »$ 200 million Brazilian crypto scams: US seizes $ 24 million worth of digital currencies
[ad_2][ad_1] The United States Department of Justice (DOJ) claims it seized $ 24 million worth of cryptocurrencies after receiving an official request from the government of Brazil. The seizure stems from an ongoing investigation into the $ 200 million cryptocurrency scam that may have defrauded tens of thousands of Brazilians. …
Read More »MoneyGram ripple dump? – Payment service provider sells XRP worth $ 9 million
[ad_2][ad_1] The (still) San Francisco-based company Ripple Labs Inc. is constantly criticized. One of the main reasons is the high percentage of XRP held by the company. Much of this XRP is being used again and again to incentivize other companies and partners. For Ripple itself, this is an extremely …
Read More »A wealthy investor moves Bitcoin worth $ 838 million
[ad_2][ad_1] The digital economy has seen a steady increase in crypto technology by young Nigerians and startups, to pay for goods and services. Nigeria’s information and communication sector (digital economy) grew by 15.09% in real terms in Q2 2020, compared to growth of 9.99% in Q1 2020 and 9.01% in …
Read More »Bitcoin Payments Ecosystem: A Growing Market Worth Watching:
[ad_2][ad_1] Bitcoin payments ecosystem market Global Bitcoin Payments Ecosystem Market Size, Status and Forecasts 2019-2025 is the latest research study published by HTF MI that evaluates the market, highlighting opportunities, risk analysis and leveraging strategic and tactical decision support. The study provides insight into the evolving market trends and development, …
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