Last month, local reports from Montenegro confirmed the arrest of Terraform Labs co-founder Kwon Do-hyeong alongside an associate at an airport in Podgorica while attempting to fly out of the Southeastern Europe country. Authorities said Do Kwon was taken into custody for falsifying travel documents and later added that the case would be handled locally. […]
Tag: STO
News Nuggets | 25 April: BDSwiss and XS.com Executives; Mauritius FSC Warning
Dormant Address Containing 1,000 BTC Rises after 12 Years A dormant address containing 1,000 Bitcoin (BTC) has been activated after 12 years, Whale Alert, a renowned blockchain tracking and analytics platform, disclosed on Monday. At the current market price of $27,425.77 per BTC, according to CoinMarketCap data, the 1,000 BTC is worth $27.4 million. Anonymous […]
Bitcoin and Alt Markets Continue Bleeding as Corporation Earnings Come into Picture
Bitcoin (BTC) price successfully claimed $30,000 in the first half of April, setting a ten-month high of $31,005 on April 14 before losing its foothold across the better part of last week. The bulls initially attempted to defend the new heights but failed as the market slowed and regressed towards the end of the week. […]
Visa Says it Has “Ambitious Crypto Product Roadmap”, Seeks Senior Web3 Dev
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Writing on Twitter on Monday, April 24th, Cuy Sheffield, Visa’s “Head of Crypto” stated that his company has an “ambitious crypto product roadmap” and added a link to a job posting. According to the […]
DoJ Indicts DPRK Foreign Trade Bank Representative for Laundering Crypto
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Department of Justice unsealed two indictments against Sim Hyon Sop, a representative of North Korea’s Foreign Trade Bank alleging he helped in the execution of multiple operations seeking to launder stolen cryptocurrencies. The […]
Bitcoin’s Dormant Addresses Awaken, Mt.Gox-Linked Wallets Move Millions
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bitcoin’s novelty and uncertainty have engendered much carelessness among pioneering BTC holders. This caused millions of bitcoins to be lost and addresses to become dormant. But recently, a trend of cold addresses warming up […]
US Treasury Sanctions Three Individuals for Supporting DPRK’s Lazarus Group
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Monday, April 24th, the US Treasury’s Office of Foreign Assets Control (OFAC) announced it has placed sanctions on three individuals for supporting the North Korean Lazarus Group. The Lazarus Group is a notorious […]
Six-Week Streak of Net Inflows for Digital Asset Funds Ends as Investors Take Profits
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The 6-week run of net inflows in digital asset investment products has ended as investors took profits last week after the recent crypto rally. Digital asset funds saw $30 million in outflows last week, […]
Crypto Winter is Over, BTC to Hit $100,000 by 2024: Standard Chartered
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The US central bank is close to bringing its aggressive rate-hiking cycle to an end, a move that could propel Bitcoin to $100,000 by the end of this year, analysts at Standard Chartered wrote […]
Europe’s Crypto Industry Welcomes EU Lawmakers’ Nod on MiCA
Last week, the European Parliament, the EU’s law-making body, enacted the Markets in Crypto-Assets (MiCA) regulations following a somewhat nonevent April 20 vote. The latter event concluded with 517 in favor, 38 against, while 18 abstained. Though MiCA needs approval from the European Council before it can become enforceable, the resounding display of support during […]
