A court in Yancheng, Jiangsu Province of China, sentenced four organizers of the WoToken cryptocurrency pyramid, which raised $1.1 billion between August 2018 and October 2019. Gao Yudong, Li Qibing, Wang Xiaoying and Tian Bo were sentenced to 2.5 to 8.8…
Analysts at Elliptic tracked the movements of bitcoins stolen during the hacking of the KuCoin exchange in September. Attackers transferred coins to the mixer ChipMixer.ChipMixer is one of the mixing services that allows various cryptocurrency users to hide the origin of…
The cryptocurrency rate of Bitcoin rose on cryptocurrencies approached a two-year high. On the night of October 28, the value of the asset reached $13,859, while in June 2019 it rose to $13,970. Analysts note that comparable growth was observed in…
Given the recent entry into the cryptocurrency market of large financial players, the question arises: how long will it take for corporations to place funds in Bitcoin as the norm? Off The Chain Capital founder Brian Estes believes it will take…
MicroStrategy CEO Michael Saylor said he personally owns 17,732 BTC worth more than $235 million. According to Saylor, he purchased bitcoins at an average of $9 882 per coin (in fact, at that time an amount of about $175 million was…
Investment in Bitcoin by the firm in the field of business intelligence MicroStrategy pays off more than and has already made a profit of $100 million According to a study by Kevin Rook, MicroStrategy earned more from its investment in Bitcoin…
Main events of the global financial market Main events of the global financial market. In Ireland, from October 21, strict quarantine restrictions are introduced for a period of 6 weeks due to a significant increase in infections with coronavirus infection. Citizens…
Ripple, a financial and technological company worth about $10 billion, which is best known for its XRP cryptocurrency, is considering moving its headquarters abroad due to dissatisfaction with the US legal framework.San Francisco crypto company CEO Brad Garlinghouse, who said he…
Former Ethereum Foundation employee Virgil Griffith, accused of violating US sanctions against North Korea, filed a motion to dismiss the lawsuit. Reason: the prosecution could not properly describe the composition of his crime. Virgil Griffith was arrested by the FBI in…
According to Standard Chartered Bank, the US dollar depreciates after the US elections. Theoretically, since the dollar loses purchasing power, the price of bitcoins and crypto assets should rise.Speaking on CNBC Squawkbox on October 21, Eric Robertsen, head of research at…
Bitcoin (BTC) exceeded $13,000, shortly after breaking the previous resistance level of $12,000 the day before. Bitcoin managed to reach a new maximum in 2020 and for the first time since July 2019 overcome the level of $13,000. The world’s largest…
The massive accumulation of bitcoin by institutional investors will potentially lead to a shortage of the first cryptocurrency. This was stated by co-founder of Gold Bullion International and 10T Holdings Dan Tapiero.According to him, this will create an increased demand for…