• US government suspected of owning $2.46 billion in Bitcoin

    TL;DR Breakdown The US Government is suspected of controlling the fifth-largest Bitcoin wallet globally, with holdings equivalent to $2.46 billion. Investigations found a link between the hack’s seizure address and the wallet’s owner, with notable transfers of significant BTC amounts. In 2022, the US Department of Justice recovered about $3.55 billion in stolen Bitcoin from the said account. Description Recent findings suggest that the US Government might control the global fifth-largest Bitcoin (BTC) wallet, containing 94,643 BTC, equivalent to $2.46 billion. This revelation came from the esteemed cybersecurity firm, Peckshield. The wallet is believed to have direct ties to the 2016 Bitfinex hack. Investigations have unveiled a connection between the hack’s seizure address and … Read more Recent findings suggest that the US Government might control the global fifth-largest Bitcoin (BTC) wallet, containing 94,643 BTC, equivalent to $2.46 billion. This revelation came from the esteemed cybersecurity firm, Peckshield. The wallet is believed to have direct ties to the 2016 Bitfinex hack. Investigations have unveiled a connection between the hack’s seizure address and the wallet’s owner. Notably, a transfer was made…

    Article 2023年8月31日
  • Best Twitter threads of the day – August 30th

    Description Top crypto price predictions for the 2024–2025 bull run Elon Musk’s SECRET Master Plan for X Top crypto price predictions for the 2024–2025 bull run Grayscale made the whole market green! Analysts are calling for imminent #Bitcoin ETF approval. This will cause over $𝟭𝟬𝗧 of new money to flow into Bitcoin and #Crypto A thread on top crypto price predictions for the 2024–2025 bull run 🧵 (Like & Retweet) pic.twitter.com/ld7Ql5Druv — Sjuul | AltCryptoGems (@AltCryptoGems) August 30, 2023 Before we start, I want you to bookmark this thread for the CT culture so that you can come back in the future and see how these predictions went. In the last bull run, the total crypto market cap topped at $3T and I expect this number to go at least 3x by the next bull run. — Sjuul | AltCryptoGems (@AltCryptoGems) August 30, 2023 In this thread, I have assumed a few things. – Bitcoin will still be no. 1 with around 35%–40% dominance at the peak, and ETH will still be the no.2 – Legacy coins and meme coins…

    Article 2023年8月31日
  • Best crypto memes of the day – August 30th

    Description Are you still #Bitcoin bearish? pic.twitter.com/e0M0kUdX9Q — Huobi (@HuobiGlobal) August 30, 2023 GM pic.twitter.com/HLVLWbxgay — Devchart 👨🏻‍💻 (@devchart) August 30, 2023 Bullish momentum kicking in big time, after crabbing for so long Bart up move was no meme Bears are literally f*cked This is what we deserve🤝🔥 SHOW NO MERCY pic.twitter.com/70Pf45WWWG — Phoenix (@Phoenix_Ash3s) August 29, 2023 #Bitcoin pic.twitter.com/tKvsjdNWq5 — naiive (@naiivememe) August 30, 2023 Live look at agencies providing the P2P blockchain space with regulatory clarity. pic.twitter.com/jbwdIJbkO7 — Bill Hughes : wchughes.eth 🦊 (@BillHughesDC) August 29, 2023 #Bitcoin a normal day in crypto pic.twitter.com/jnYhgoYHK3 — naiive (@naiivememe) August 30, 2023 When you buy at the end of a pump 🤣#Cryptomeme #cryptocurrency #Bitcoin #Memes #CryptoX pic.twitter.com/EKROq07nfV — Sophia Ryan (@CryptoInkSophia) August 23, 2023 This is so accurate 🤣#Cryptomeme pic.twitter.com/kf93661ptj — Andres ₿ Meneses (@andreswifitv) August 30, 2023 #Bitcoin to the moon #Cryptomeme #Memes #NFT #ETH #Dogecoin #Crypto #NFTmeme #RespectMeme #Memes #cryptomemes #cryptocurrency #CryptoTwitter #Ethereum #CryptoCommunity pic.twitter.com/LyStCvMFGg — Sophia Ryan (@CryptoInkSophia) August 21, 2023 Money in bank Vs money in #crypto #Cryptomeme #Memes #NFT #ETH #Dogecoin #Crypto #NFTmeme #RespectMeme #Memes…

    Article 2023年8月30日
  • EOS gains JVCEA approval for token trading in Japan’s exchanges

    TL;DR Breakdown EOS obtains regulatory approval for trading EOS tokens on Japanese exchanges. EOS token holders can soon trade against the Japanese yen on a regulated platform. CEO Yves La Rose highlights the significance of approval for EOS’s commitment. Description EOS, a well-established platform in the crypto industry, has recently achieved a significant milestone. The EOS Network Foundation (ENF) has successfully obtained regulatory approval to trade EOS tokens on regulated cryptocurrency exchanges in Japan. This approval was granted by the Japan Virtual and Crypto Asset Exchange Association (JVCEA), a regulatory body that ensures the safety … Read more EOS, a well-established platform in the crypto industry, has recently achieved a significant milestone. The EOS Network Foundation (ENF) has successfully obtained regulatory approval to trade EOS tokens on regulated cryptocurrency exchanges in Japan. This approval was granted by the Japan Virtual and Crypto Asset Exchange Association (JVCEA), a regulatory body that ensures the safety of crypto trading in Japan.  The approval means that EOS token holders will soon be able to trade against the Japanese yen on BitTrade, a digital asset…

    Article 2023年8月30日
  • Binance Japan set to triple token offerings

    TL;DR Breakdown Binance Japan has set its sights on introducing a minimum of 100 tokens in the near future, marking a significant threefold increase from its current selection. A representative from Binance Japan revealed their strategic intention to collaborate with other local cryptocurrency exchanges in the Japanese market. Description Binance Japan, which recently initiated its full suite of services earlier this month, has unveiled ambitious plans to substantially expand its token offerings on its platform. According to a recent report from Bloomberg, the exchange has set its sights on introducing a minimum of 100 tokens in the near future, marking a significant threefold increase … Read more Binance Japan, which recently initiated its full suite of services earlier this month, has unveiled ambitious plans to substantially expand its token offerings on its platform. According to a recent report from Bloomberg, the exchange has set its sights on introducing a minimum of 100 tokens in the near future, marking a significant threefold increase from its current selection. In a recent online briefing, a representative from Binance Japan revealed their strategic intention…

    Article 2023年8月30日
  • Nigerian crypto exchange Patricia unveils tokenomics white paper amid customer repayment concerns

    TL;DR Breakdown Patricia, a Nigerian cryptocurrency exchange, released a tokenomics white paper to clarify the utility and value of its native token, partly in response to customer concerns about the repayment of investments. The white paper outlines an ambitious plan for repaying customers through the token but lacks a concrete timeline, leading to mixed public reactions and ongoing investor uncertainty. While the white paper could potentially improve Patricia’s standing with regulators, the absence of a clear repayment schedule raises new questions about the company’s commitment to its customers. Description Patricia, a Nigerian cryptocurrency exchange, recently released its tokenomics white paper, aiming to clarify the utility and value proposition of its native token: Patricia Token (PTK). The company announced its PTK tokens’ launch following a security breach in May 2023, resulting in fund losses. Although the company confirmed that customer funds remained safe, platform users … Read more Patricia, a Nigerian cryptocurrency exchange, recently released its tokenomics white paper, aiming to clarify the utility and value proposition of its native token: Patricia Token (PTK). The company announced its PTK tokens’ launch…

    Article 2023年8月30日
  • Stronghold company requests the use of tire-derived fuel for crypto mining in Pennsylvania

    TL;DR Breakdown Pennsylvania-based cryptocurrency mining company, Stronghold Digital Mining, is in the process of seeking approval to utilize shredded tires for generating up to 15% of its energy at its Panther Creek plant in Nesquehoning. Stronghold cites the approval granted by the United States Environmental Protection Agency (EPA) for this energy source’s use in other industrial facilities within the state of Pennsylvania.  Local environmental advocates are questioning the legitimacy of these facilities and are adamant that granting such permission to a crypto-mining operation should not be entertained. Description Pennsylvania-based cryptocurrency mining company, Stronghold Digital Mining, is in the process of seeking approval to utilize shredded tires for generating up to 15% of its energy at its Panther Creek plant in Nesquehoning. However, this move is met with opposition from local environmental activists who are gearing up to challenge the initiative. While Stronghold filed … Read more Pennsylvania-based cryptocurrency mining company, Stronghold Digital Mining, is in the process of seeking approval to utilize shredded tires for generating up to 15% of its energy at its Panther Creek plant in Nesquehoning. However,…

    Article 2023年8月30日
  • Jamaica’s taxi drivers embrace crypto for faster rides

    TL;DR Breakdown Jamaica’s transportation sector is poised for a digital revolution as local bus and taxi operators eagerly anticipate integrating the nation’s own central bank digital currency (CBDC), known as Jam-Dex. Jamaica is actively working towards enabling CBDC services on the mobile phones of the general public. Description Jamaica’s transportation sector is poised for a digital revolution as local bus and taxi operators eagerly anticipate integrating the nation’s own central bank digital currency (CBDC), known as Jam-Dex. The introduction of Jam-Dex by the Central Bank of Jamaica in 2022 was marked by an airdrop event aimed at accelerating its widespread adoption. Recent developments … Read more Jamaica’s transportation sector is poised for a digital revolution as local bus and taxi operators eagerly anticipate integrating the nation’s own central bank digital currency (CBDC), known as Jam-Dex. The introduction of Jam-Dex by the Central Bank of Jamaica in 2022 was marked by an airdrop event aimed at accelerating its widespread adoption. Recent developments reveal that Aldo Antonio, co-founder and acting executive chairman of the National Transporters Alliance Group (NTAG), is actively championing…

    Article 2023年8月30日
  • Korea Blockchain Week 2023: Where visionaries and innovators converge

    TL;DR Breakdown Seoul is preparing to host the transformative Korea Blockchain Week 2023 from September 4th to 10th. Co-hosted by Factblock and Hashed, KBW 2023 aims to reshape the landscape of blockchain technology and decentralized finance. The event is a unique opportunity for startups and emerging projects to showcase their innovations and connect with potential investors. Description Seoul, the vibrant capital of South Korea, is set to become the epicenter of blockchain innovation from September 4th to 10th, 2023. The Korea Blockchain Week (KBW) 2023, co-hosted by Factblock and Hashed, is not just another event on the crypto calendar. It’s a transformative symposium that promises to redefine the contours of blockchain technology … Read more Seoul, the vibrant capital of South Korea, is set to become the epicenter of blockchain innovation from September 4th to 10th, 2023. The Korea Blockchain Week (KBW) 2023, co-hosted by Factblock and Hashed, is not just another event on the crypto calendar. It’s a transformative symposium that promises to redefine the contours of blockchain technology and decentralized finance. The event is more than just a…

    Article 2023年8月30日
  • Rep. McHenry backs Grayscale’s court victory over SEC, calls for regulatory clarity

    TL;DR Breakdown Rep. Patrick McHenry, Chair of the House Financial Services Committee, supported Grayscale’s legal victory and criticized the SEC’s approach to crypto regulation, calling for clearer guidelines. The court’s decision has been seen as a significant step toward regulatory clarity in the crypto asset space and could set a precedent for future regulatory actions concerning crypto ETFs and asset management. Description In a landmark decision, a three-judge panel for the DC Circuit Court of Appeals granted Grayscale’s petition for review, effectively ordering the U.S. Securities and Exchange Commission (SEC) to reevaluate its previous denial of Grayscale’s application to convert its Bitcoin Trust into a spot bitcoin exchange-traded fund (ETF). The ruling has garnered significant attention from … Read more In a landmark decision, a three-judge panel for the DC Circuit Court of Appeals granted Grayscale’s petition for review, effectively ordering the U.S. Securities and Exchange Commission (SEC) to reevaluate its previous denial of Grayscale’s application to convert its Bitcoin Trust into a spot bitcoin exchange-traded fund (ETF). The ruling has garnered significant attention from lawmakers, including Rep. Patrick McHenry,…

    Article 2023年8月30日
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