The U.S. government moved $2 billion worth of seized bitcoin (BTC) on Monday, tanking already retreating prices and sparking investor concerns of selling the assets just two days after presidential hopeful Donald Trump’s promise to begin stacking BTC. Blockchain data by Arkham Intelligence shows that a wallet tagged as “U.S. Government: Silk Road DOJ” transferred
BUY/SELL GOLD & SILVER Bullion Coins and Bars Precious Metals All Metal Quotes Cryptos Base Metals Markets Mining News About Kitco Forum NEW Jeweler Resources Commodities Cryptocurrencies Mining Economy Conferences Opinion cryptocurrencies / bitcoin Stocks and precious metals soar, cryptos fall as Powell hints at September rate cut By Jordan Finneseth Published: Jul 31, 2024
The United States Federal Bureau of Investigation (FBI) has approached Indian cryptocurrency exchange WazirX to aid in investigating a significant cyberattack believed to be linked to North Korean cybercriminals, according to industry insiders. A person close to WazirX said, “Global law enforcement agencies, such as the FBI, want to future-proof their own cryptocurrency market from
Hamster Kombat, the popular gaming platform, has addressed growing concerns among its users regarding the upcoming airdrop and the new Playground section. The Web 3 gaming leader recently announced a pivotal update regarding its upcoming airdrop, set to become one of the most substantial in the history of digital assets. As soon as hamster players
The United States Securities and Exchange Commission (SEC) and the US Attorney’s Office for the Southern District of New York have charged Nader Al-Naji, the founder of BitClout, with selling unregistered securities and defrauding investors. According to the SEC’s complaint, Al-Naji raised $257 million by selling BitClout’s native token, BTCLT, without proper registration. The complaint
A vulnerability in inter-blockchain communication (IBC) protocol that was patched in April reared its bugly head on the Terra blockchain, late Tuesday. Onchain data showed an erroneous minting of 58 million ASTRO tokens — worth about $2.7 million — and about $4.1 million in USDC, USDT and wrapped BTC. Terra conducted an emergency chain upgrade to
Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter . Welcome to the On the Margin Newsletter, brought to you by Ben Strack and Casey Wagner. Here’s what you’ll find in today’s edition: Breaking down what to expect (and
On Wednesday, Federal Open Market Committee members opted to hold interest rates steady. This marks their eighth pause since consistently raising interest rates from March 2022 to July 2023. Stocks showed little immediate change, holding onto gains made earlier in the session. At the time of publication, the S&P 500 and Nasdaq Composite indexes were
Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter . Howdy! Last night, I went to my third Mets game of the season, and I was unfortunate enough to spot Grimace, the big, terrifying purple lump that’s become the team’s unofficial mascot during
Cryptocurrencies sharply tumbled on Wednesday as rising geopolitical risks captivated investors’ attention after the conclusion of the July Federal Reserve meeting. Bitcoin (BTC) dropped to $64,500 from around the $66,500 level where it traded following Federal Reserve Chair Jerome Powell’s press conference, and was down more than 2% over the past 24 hours. Altcoin majors