Tags : worth

Bitcoin

PayPal processed nearly $2 billion worth of Bitcoin, Ethereum, and

PayPal’s custodian of crypto funds, itBit, traded over $2.1 billion worth of Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and PAX in May, according to data provided by analytics tool Nomics. Owned by Paxos, itBit is a crypto exchange that provides liquidity for PayPal, a US company operating an online payments system that entered into the crypto […]Read More

Bitcoin

US crime watchdog FBI seizes $2.3 million worth of Bitcoin

The Department of Justice (DOJ) announced the recovery of ransom payments of 63.7 Bitcoin (BTC) valued approximately at $2.3 million, made by Colonial Pipeline to the group known as DarkSide. Seized funds represent the proceeds of a May 8 ransom payment to a digital extortion attacker group DarkSide, which hacked the company’s business IT networks […]Read More

Bitcoin

Bitfinex hacker will need 114 years to launder $7 billion

Only 4% of nearly 120,000 Bitcoin (around $7 billion today) stolen by a hacker from crypto exchange Bitfinex in 2016 have been laundered so far—and it will take the thieves over a century to cash out their bounty in full, according to blockchain intelligence firm Elliptic. According to the report published on Thursday, 79% of […]Read More

Market

Is Theta worth the hype? Theta price volatile ahead of

There’s no denying the fact that Theta is one of the most discussed cryptocurrency projects on the market in 2021, so much so that the Theta token has already made its way into the top 10 list of cryptocurrencies by overall market capitalization, in what feels like almost no time at all. In its most […]Read More

Bitcoin

Chinese firm Meitu buys $50M worth of Ethereum and Bitcoin,

News › Bitcoin · Ethereum › China › Investments According to the board, they are seeing a large adoption across China and countries from Southeast Asia. Companies considered “conservative” are now exploring cryptocurrencies and blockchain technology. José Oramas · March 17, 2021 at 10:58 pm UTC · 2 min read Chinese firm Meitu recently announced […]Read More

Bitcoin

21 Bitcoin (BTC) is now worth over one million dollars,

Bitcoin has rallied 8% today, breaking $54k resistance for the first time since mid-February. As pointed out by @DocumentingBTC, owning 21 BTC now makes you a millionaire in U.S. dollar terms. Responding to this, Bitcoin-bull Willy Woo said he would prefer to have 21 BTC over a million dollars. His reasoning comes from a belief […]Read More

Bitcoin

Miami Mayor responds to Yellen saying Bitcoin is worth studying

Miami Mayor Francis Suarez addressed Treasury Secretary Yellen’s recent Bitcoin snub, saying he isn’t surprised she is hostile towards the leading cryptocurrency. Expanding further, he said Bitcoin’s separation from the state is why investors flock to it in the first place. And when asked about his apparent tolerance for high-risk, Suarez replied by saying all […]Read More

Cryptocurrency

Major Dubai crypto fund to sell $750M worth of BTC

FD7 Ventures, a Dubai-based crypto investment fund with $1 billion under management, has announced plans to sell off $750 million worth of their Bitcoin holdings in the next month. The proceeds from the sell-off will be used to purchase Cardano and Polkadot, as the fund’s managing director says he believes ADA, DOT, and ETH will […]Read More

Bitcoin

$5 million worth of Bitcoin just moved for the first

Craig Wright “Filing Lawsuits” Against People Denying He is Satoshi Nakamoto Billionaire Calvin Ayre is claiming that Craig Wright, the controversial figure who claims to be Satoshi Nakamoto (in the face of substantial skepticism), is allegedly filing lawsuits against those “falsely denying he is Satoshi.” Calvin Ayre is the Canadian-Antiguan entrepreneur behind Ayre Group—a conglomerate […]Read More