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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Popular auction house Sotheby’s will be selling an “unparalleled collection” of non-fungible tokens (NFTs) that was acquired by bankrupt crypto hedge fund Three Arrows Capital and later seized after the company collapsed. Sotheby’s is set to auction
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“Collections are often representative of the time and the place from which they were formed, telling a unique story through their artworks," said Michael Bouhanna, Sotheby's head of digital art and NFTs. "This expansive collection marks an important moment in the rise of generative art on the blockchain in 2021,
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The U.S. sold 9,861.17 bitcoin ($216 million) on March 14, according to a court filing. Source
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As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that on March 9, about 9,860
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Russia-linked cryptocurrency exchange Bitzlato has managed to partly restore access to user funds despite being officially seized by European authorities.Bitzlato has enabled its users to withdraw up to 50% of assets that were stuck on the platform due to enforcement from the United States and Europol, the firm announced on
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The views and opinions expressed here belong solely to the author. Niche banks continue to fall apart. The Silvergate failure is being followed by Silicon Valley Bank (SVB), which collapsed on March 10. After a failed attempt to raise capital, SBV has been taken over by the Federal Deposit Insurance Corporation
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A source that works with law enforcement on these matters said that the relationship between Binance and the DEA is “pretty tight.” DEA officials and Binance staff regularly meet to share intelligence, which is used to calibrate Binance’s anti-money laundering policies and assist DEA operations, the individual said. Original Source
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According to Wednesday's filing, there are hundreds of NFTs subject to the sale, including NFTs from the Bored Ape Kennel Club, Autoglyphs, Chromie Squiggles, CryptoPunks, Fidenza, Nimbuds and Ringers collections. Estimates for just a portion of the NFTs listed by Teneo based on current floor prices are around $9.8 million
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At the same time, he said the team was proactive about catching potentially criminal use of the exchange and from time-to-time even browsed the Hydra darknet marketplace in search of Bitzlato users. When found, those accounts would be blocked, he said. On one occasion, Shkurenko recalled, a tech support employee
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Europol has steepened its grasp on troubled exchange Bitzlato with the seizure of substantial crypto assets.The European Union Agency for Law Enforcement Cooperation (Europol) recently took another significant step in enforcement actions against Bitzlato. According to Europol, a recent sting operation across Europe and the US resulted in the seizure of
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