US Government’s premature Bitcoin selling results in $6 billion loss!
The United States government, one of the largest holders of Bitcoin (BTC) in the world, missed out on potential gains exceeding $6 billion by selling its Bitcoin holdings prematurely. The US government’s seized Bitcoin tally stands at 210,429 BTC, valued at over $7.2 billion, as of October 31, 2023. Data from the on-chain analytics firm […]
Infowars host Alex Jones flunks Bitcoin quiz, loses out 10000 BTC
Infowars host Alex Jones missed out on a jackpot of 10,000 BTC, equivalent to $344 million, in a Bitcoin quiz set by broadcaster Max Keiser. Jones failed to answer all five questions correctly in the quiz. His inability to answer even a single question correctly underscores the general lack of Bitcoin literacy among the public. […]
Despite market turmoil, Skybridge sees historic returns thanks to Bitcoin says Anthony Scaramucci
Anthony Scaramucci, founder of SkyBridge Capital, claims that the hedge fund company has registered its highest monthly returns ever. This breakthrough is reportedly due to investments in Bitcoin, technology, and other cryptocurrencies. Scaramucci stated that the month of October has likely been the best in the history of SkyBridge. He attributed much of this success […]
Bitcoin’s Wikipedia Page Surges in Popularity!
🚀 GM, Grab your favorite beverage (even if it’s a little early, we won’t tell), and get ready for the juiciest headlines that have been lighting up the Internet this week! 📰 1️⃣ Bitcoin’s Wikipedia Page Surges in Popularity! 2️⃣ Is Crypto Winter Finally Over? 3️⃣Andreessen Horowitz Raises $3.4 Billion for Future Venture Funds 4️⃣Editor’s Wrap: […]
Blockchain explorer SnowTrace to shut down amid Etherscan fee controversy
The popular blockchain explorer tool for Avalanche, SnowTrace, is set to shut down its website, stirring up controversy over Etherscan’s annual subscription fees. SnowTrace, powered by Etherscan’s Explorer-as-a-Service (EaaS) toolkit, will cease operations on November 30. The SnowTrace team has urged users to save backup information such as private name tags and contact verification details […]
How a $15 Million Ripple (XRP) transfer is shaking up the crypto market
A significant transfer of Ripple (XRP) to a centralized exchange has ignited speculation about its potential impact on the cryptocurrency’s liquidity and market dynamics. A $15 million, or 26.7 million XRP, transfer from an undisclosed wallet to Bitstamp, a centralized exchange, was highlighted by Whale Alert on October 29. This substantial movement signifies a potential […]
Bitcoin payments app Strike denies security breach amidst online claims
Following online allegations of a security breach, Strike, a Bitcoin payments platform, has denied any evidence of a breach. The claims emerged online suggesting a potential security breach in Strike’s system. In response to these allegations, Strike’s security team has been investigating diligently, with no evidence of a breach found thus far. Before Strike’s official […]
Terraform Labs and Do Kwon seek dismissal of SEC lawsuit
Do Kwon, co-founder of the now-defunct Terraform Labs, has petitioned a U.S. district judge to dismiss the fraud and securities lawsuit filed against him and his company by the Securities and Exchange Commission (SEC). Kwon and Terraform Labs argue that the SEC has failed to substantiate their accusations following a lengthy investigation and discovery phase. […]
Japan freezes assets of crypto exchange allegedly supporting Hamas
The Japanese government has implemented a freeze on the assets of a cryptocurrency trading firm and nine individuals associated with Hamas, a Palestinian armed group. This move comes in response to allegations of the company and individuals funding the group, widely deemed a terrorist organization. The decision was made during a cabinet meeting on October […]
Gary Gensler’s potential ‘Rug-Pull’ on Bitcoin ETF
According to a recent discussion, analysts are contemplating a potential mass denial of spot Bitcoin exchange-traded fund (ETF) applications by SEC Chair Gary Gensler. A conversation on Twitter involving Bloomberg’s ETF analysts James Seyffart and Eric Balchunas, along with ETF commentator Dave Nadig, speculated on Gensler’s possible last-minute denial of the mounting Bitcoin ETF applications. […]