Cryptocurrency Analysis and News Portal
The man who stole over 50,000 bitcoins from the Silk Road marketplace has pleaded guilty. According to the U.S. Department of Justice, “the seizure was then the largest cryptocurrency seizure” in the history of the DOJ and “remains the department’s second-largest financial seizure ever.” Silk Road Exploiter Pleads Guilty The U.S. Department
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Damian Williams, the United States Attorney for the Southern District of New York, announced the seizure of $3.36 billion of bitcoin related to Silk Road, a darkweb marketplace. Original Source
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Mt Gox creditors have been issued new information concerning their claims and it seems they now have until January 10, 2023 (Japan time) to register for a repayment method. The latest notice says that any creditors that wish to receive payment, must finish the “selection and registration” section on the
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Ethereum price got rejected from $2,000 despite showing strong bullish signs against Tether (USDT) ahead of “The Merge.” The price of Ethereum has struggled to regain its bullish momentum as this has created a mixed feeling between Ethereum bulls and bears. (Data from Binance) Price Analysis Of ETH On The Four-Hourly
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The Information Commissioner’s Office (ICO) has commenced criminal proceedings against eight individuals over the alleged unlawful accessing and obtaining of people’s personal information from vehicle repair garages to generate potential leads for personal injury claims. The alleged activity took
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The United States equities markets plunged on Aug. 26 following Federal Reserve Chair Jerome Powell’s speech where he reiterated the central bank’s hawkish stance. Continuing its correlation with the equities market, Bitcoin (BTC) and the cryptocurrency markets also witnessed a sharp selloff on Aug. 26.Bitcoin has declined about 14% this
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“Think about all the economic rents that are derived by firms engaged in that sort of activity, and it was a very important activity, creating trust bridges,” said Epstein. “Now smart contracts do that for us automatically. Think about how long it takes to settle a transaction, and what percentage
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“When it rains, it pours” is an old saying finding new relevance in the cryptocurrency markets on May 9 as traders face another day of pain and the current price decline brings Bitcoin (BTC) to its lowest level in 2022. Data from Cointelegraph Markets Pro and TradingView shows that the BTC
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Thursday was a bloodbath for traditional and cryptocurrency markets. On the worst day of trading since 2020, Bitcoin (BTC) dropped over 7%, while the Nasdaq slipped over 5%. Many hoped for capitulation in the trade and crypto markets, and although the short-term outlook for Bitcoin looks weak, one analyst and some evidence would suggest
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Summary: Silk Road’s creator Ross Ulbricht will have his debt to the US government wiped off He owes the US Government $183 million, and it will be paid for using $3 Billion in Bitcoin connected to another unnamed Silk Road hacker The figure he owed the government was the amount he was ordered
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