Finiko Fugitives Suspected of Moving 750 BTC From Crypto Pyramid’s Wallet

Forklog reported that 750 BTC was withdrawn from one wallet used by the crypto Ponzi scheme Finiko. The total amount is approximately $48 million. YouTube blogger Andrey Alistarov reported the news. revealed it was made in three separate transactions, each of 250 BTC from the beginning November. According to data from the blockchain analysis platform Crystal Blockchain, the money was first transferred […]

Bitcoin storms above new record price as crypto rides new wave of excitement

Bitcoin surged to $US66,000 (A87,863), riding excitement over how the financial institution is accepting digital currency’s rise. After climbing to $US66.974.77 ($A89.161.15) earlier, one Bitcoin was now valued at $US66.096 ($A87.991) as of Wednesday US Time. After falling below $US30,000 ($A39.938) in the northern summer, the digital currency has rebounded to surpass its April record. According to CoinDesk, […]

Bitcoin Again Reaches Market Cap of $1 Trillion After Gain in Price

Bitcoin, the oldest and most popular cryptocurrency in the world, has once again exceeded $1 trillion market capitalization (roughly Rs. 74,73,650 crores). The crypto coin, supported by investors’ enthusiasm, has moved beyond the $50,000 mark (roughly Rs. 37.38 lakhs. According to crypto experts, the recent rise in Bitcoin prices is due to investors being skeptical of the stock […]

Jack Dorsey’s Square Joins Largest Bitcoin Investment In Africa

African Bitcoin Exchange Yellow Card raised $15 Million in Series A funding, the largest round of financing in Africa. Yellow Card, a Pan-African Bitcoin exchange, announced yesterday it had raised $15 million in Series A funding. The round was led by Valar Ventures and Third Prime. The round also included Jack Dorsey’s Square Ventures, Coinbase Ventures and Blockchain.com Ventures. […]

El Salvador becomes first country to adopt bitcoin as legal tender

Tuesday marks the official adoption of bitcoin by El Salvador. Both supporters and opponents alike will be closely watching to see if there are enough people willing to transact bitcoins. Nayib Bukele, President of the Bitcoin Foundation, has been tweeting about buying bitcoins first and then buying them later. El Salvador just purchased its 200th coin. Our […]

Why Bitcoin Is So Divisive

One of the strangest things about crypto is its divisive nature. Depending on who you talk to, crypto could be described as either “potentially revolutionizing the global economy” or “worse than tulip bulbs”. This is a rare asset class that generates such extremes. Some people like emerging markets and some people don’t, but no one threatens […]

SEC Chair Hints Bitcoin ETF Possible

After Tuesday’s speech by Gary Gensler, the Chair of the Securities and Exchange Commission, hopes for a U.S.-listed Bitcoin ETF increased. However, his strong remarks about the need for more regulation within the crypto space dampened the optimism. Bitcoin Futures ETF Favored Gensler’s most prominent comments regarding ETF investors were about the possibility of a […]