Tags : Worth

Cryptocurrency

Over half a billion dollars worth of Ethereum (ETH) are

Half a billion dollars worth of Ethereum (ETH)—the world’s second-largest cryptocurrency after Bitcoin by market cap—have now been ‘burned’ after last month’s Ethereum Improvement Proposal (EIP)-1559, data from multiple sources show. The EIP-1559, an upgrade designed to improve pricing mechanisms by including a fixed-per-block network fee that is burned, went live last month and has […]Read More

Bitcoin

Morgan Stanley holds over $36 million worth of Bitcoin (BTC)

American multinational investment bank and financial services company Morgan Stanley has been generously investing in the Grayscale Bitcoin Trust (GBTC), a recent filing with the US Securities and Exchange Commission (SEC) shows. To feed its increasing appetite for crypto, the Wall Street giant opted for a “traditional investment vehicle” that enables investors to gain exposure […]Read More

Bitcoin

PayPal users can now buy $100,000 worth of Bitcoin, Ethereum,

21 remaining firms become official Libra members after Visa, Stripe, PayPal, and others pull out The head of Libra, Facebook’s controversial cryptocurrency initiative, has stated the project will continue to develop its planned “new global currency” despite having lost a quarter of its backers, including Stripe, Visa, PayPal, and Mastercard. 2 min read → Source […]Read More

Regulation

$250 million worth of cryptocurrency seized in UK

$250 million worth of cryptocurrency seized in UK | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest U.K. › Crime Police seized crypto worth hundreds of millions of dollars in the biggest-ever move of its kind. Shaurya Malwa · July 13, 2021 at 2:00 pm […]Read More

Bitcoin

Diamond auctioned for $12 million worth of crypto at Sotheby’s

Sotheby, a leading auction house, has announced that it has sold a diamond worth $12 million, and its buyer paid in an unspecified cryptocurrency. According to the firm, the diamond is the second-largest pear-shaped diamond, tagged Key 101.38, to be sold in public. “Key 101.38” While the auction house has declined to release information about […]Read More

Bitcoin

Duo vanishes with 69,000 Bitcoin, stash worth $4 billion at

Two South African brothers made away with nearly 69,000 Bitcoin earlier this year, hacking one ‘Africrypt,’ their own exchange platform, and bagging one of the biggest crypto heists in dollar terms ever. Africrypt was set up in 2019 and advertised “bumper returns” for investors. But those hopes didn’t take long to turn into broken dreams. […]Read More

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