Major players are actively accumulating #Ethereum again:
🔵 #ShapeShift founder Erik Voorhees bought 23,393 #ETH worth about $49 million after a year-long pause.
🔵 The wallet 0xbilly, linked to an early Ethereum developer, purchased another 7,769 ETH for $17.5 million.
🔵 At the same time, 20,000 ETH ($44.8 million) were withdrawn from #Coinbase.
#NBC #news #crypto
🔵 #ShapeShift founder Erik Voorhees bought 23,393 #ETH worth about $49 million after a year-long pause.
🔵 The wallet 0xbilly, linked to an early Ethereum developer, purchased another 7,769 ETH for $17.5 million.
🔵 At the same time, 20,000 ETH ($44.8 million) were withdrawn from #Coinbase.
#NBC #news #crypto
🍿 The investigation into the #LIBRA token uncovered a document about alleged $5,000,000 payments for its promotion, linked to Argentina’s President Javier Milei.
The materials were found on the devices of crypto lobbyist Mauricio Novelli—correspondence indicates coordination among participants and contacts with the president’s circle prior to publications about the token.
After Milei’s public endorsement, LIBRA’s market cap briefly exceeded $4.5 billion, but then crashed by 96%, while wallets associated with the project withdrew around $107 million.
#NBC #news #crypto
The materials were found on the devices of crypto lobbyist Mauricio Novelli—correspondence indicates coordination among participants and contacts with the president’s circle prior to publications about the token.
After Milei’s public endorsement, LIBRA’s market cap briefly exceeded $4.5 billion, but then crashed by 96%, while wallets associated with the project withdrew around $107 million.
#NBC #news #crypto
#Tether is increasingly transforming from a stablecoin issuer into a full-fledged investment giant—over the past year, the company has disclosed more than $1.6 billion in investments across a wide range of sectors, from media and fintech to sports, gold, and biotechnology:
🔵 Rumble — $785M
🔵 Elemental Royalty — $250M
🔵 Juventus FC — $150M
🔵 Gold com — $150M
🔵 Anchorage Digital — $100M
🔵 Gold Royalty — $90M
🔵 Generative Bionics — $82M
Many still see Tether simply as a “USDT-printing company,” but in reality, it’s already one of the most active investors in the industry.
#NBC #news #crypto
🔵 Rumble — $785M
🔵 Elemental Royalty — $250M
🔵 Juventus FC — $150M
🔵 Gold com — $150M
🔵 Anchorage Digital — $100M
🔵 Gold Royalty — $90M
🔵 Generative Bionics — $82M
Many still see Tether simply as a “USDT-printing company,” but in reality, it’s already one of the most active investors in the industry.
#NBC #news #crypto
🇰🇷 The South Korean regulator will fine the crypto exchange #Bithumb nearly $25,000,000 for AML violations.
The inspection revealed around 6.6 million violations—from weak user verification to ignoring suspicious transactions, and new clients may temporarily face restrictions on the platform.
#NBC #news #crypto
The inspection revealed around 6.6 million violations—from weak user verification to ignoring suspicious transactions, and new clients may temporarily face restrictions on the platform.
#NBC #news #crypto
Exactly 6 years ago, the first block was generated on the #Solana network.
Since then, the project has gone from an ambitious startup to one of the leaders in the crypto market.
Despite a 70% drop from its all-time high, #SOL still holds the seventh spot by market capitalization among all cryptocurrencies.
#NBC #news #crypto
Since then, the project has gone from an ambitious startup to one of the leaders in the crypto market.
Despite a 70% drop from its all-time high, #SOL still holds the seventh spot by market capitalization among all cryptocurrencies.
#NBC #news #crypto
💸 After 10 years of searching, investor Clifton Collins finally found the seed phrase for a wallet containing 6,000 BTC (worth approximately $423.5 million) and immediately sent 500 BTC to Coinbase.
Collins purchased 6,000 BTC in 2011–2012 using money earned growing and selling marijuana and distributed it across 12 wallets.
He kept the private keys on paper, hidden in a fishing rod case in a rented house in Galway, Ireland. After his arrest in 2017, the house was vacated and his belongings were dumped.
Today's transfer suggests that at least some of these funds were not lost.
#NBC #news #crypto
Collins purchased 6,000 BTC in 2011–2012 using money earned growing and selling marijuana and distributed it across 12 wallets.
He kept the private keys on paper, hidden in a fishing rod case in a rented house in Galway, Ireland. After his arrest in 2017, the house was vacated and his belongings were dumped.
Today's transfer suggests that at least some of these funds were not lost.
#NBC #news #crypto
Pudgy Penguins officially launched their #Visa-based #crypto card.
The card is already available in over 170 countries and accepted at 150 million merchants worldwide.
Users can spend stablecoins and cryptocurrency directly, earning cashback of up to 12% and returns of up to 7% on balances.
#NBC #news #crypto
The card is already available in over 170 countries and accepted at 150 million merchants worldwide.
Users can spend stablecoins and cryptocurrency directly, earning cashback of up to 12% and returns of up to 7% on balances.
#NBC #news #crypto
💸#Bloomberg: #BTC #ETF inflows totaled $2.5 billion in a month
#IBIT has already turned a profit and is in the top 2% of all ETFs by inflows year-to-date.
This is despite BTC's 40% drop in six months and geopolitical pressure.
For comparison, when gold fell 40% 10 years ago, the market lost about one-third of its investors, which is considered normal.
In the case of BTC, investor behavior appears atypically strong.
#NBC #news #crypto
#IBIT has already turned a profit and is in the top 2% of all ETFs by inflows year-to-date.
This is despite BTC's 40% drop in six months and geopolitical pressure.
For comparison, when gold fell 40% 10 years ago, the market lost about one-third of its investors, which is considered normal.
In the case of BTC, investor behavior appears atypically strong.
#NBC #news #crypto
Exactly 16 years ago, Bitcoin mining first switched to video cards — a developer showed that GPUs calculate hashes much more efficiently than regular processors.
This breakthrough launched a new era of mining — the network's hashrate after switching from CPU to GPU increased by about 130,000%.
#NBC #news #crypto
This breakthrough launched a new era of mining — the network's hashrate after switching from CPU to GPU increased by about 130,000%.
#NBC #news #crypto
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Billionaire investor and one of Wall Street's most famous bubble hunters, Jeremy Grantham, criticized the crypto market.
According to him, cryptocurrencies are a "worthless speculative asset" that will end "not in a loud crash, but in a quiet demise."
He stated that crypto is not a reliable store of value, is rarely used for real-world payments, and its main function is to help criminals transfer money without leaving a trace.
#NBC #news #crypto
According to him, cryptocurrencies are a "worthless speculative asset" that will end "not in a loud crash, but in a quiet demise."
He stated that crypto is not a reliable store of value, is rarely used for real-world payments, and its main function is to help criminals transfer money without leaving a trace.
#NBC #news #crypto
#Chainalysis proposed bringing order to blockchain investigations, preventing the same crypto address from being classified as either clean or suspicious by different #AML services.
The company proposes separating findings by level: where addresses are simply linked into a group, where a connection to an organization is found, and where the owner can be identified.
In such a system, #AI should only be a tool for finding connections, not independent evidence.
#NBC #news #crypto
The company proposes separating findings by level: where addresses are simply linked into a group, where a connection to an organization is found, and where the owner can be identified.
In such a system, #AI should only be a tool for finding connections, not independent evidence.
#NBC #news #crypto
Director Carl Erik Rinsch has been sentenced to 2.5 years in prison after blowing an $11 million #Netflix series budget on the stock market.
His "production" process looked less like Hollywood and more like Wall Street:
* The Options Flop: He started by burning about $6 million on stock options.
* The Crypto Plot Twist: He threw his remaining $4 million into #Dogecoin, miraculously turning it into nearly $27 million.
* The Luxury Wrap Party: Instead of finishing the show, he spent the massive profits on a Ferrari, a Rolls-Royce, high-end watches, and luxury goods.
On top of his prison sentence, the director has been ordered to pay Netflix $11 million in restitution.
#NBC #news #crypto
His "production" process looked less like Hollywood and more like Wall Street:
* The Options Flop: He started by burning about $6 million on stock options.
* The Crypto Plot Twist: He threw his remaining $4 million into #Dogecoin, miraculously turning it into nearly $27 million.
* The Luxury Wrap Party: Instead of finishing the show, he spent the massive profits on a Ferrari, a Rolls-Royce, high-end watches, and luxury goods.
On top of his prison sentence, the director has been ordered to pay Netflix $11 million in restitution.
#NBC #news #crypto