Chainalysis told WIRED that it tracked a $31 million Bitcoin donation to online black market Silk Road founder Ross Ulbricht to a successor marketplace called Alphabay. Read More at https://cointelegraph.com/news/silk-road-successor-alphabay-31m-bitcoin-donation-ross-ulbricht?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Uber in ‘study phase’ of using stablecoins to lower costs, says CEO
Uber CEO Dara Khosrowshahi says the ride-sharing giant is looking at whether stablecoins can help it save when money around the world. Read More at https://cointelegraph.com/news/uber-study-phase-stablecoins-lower-costs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump-Musk spat sees Bitcoin tumble, liquidating $308M in longs
Bitcoin long traders took a hit over the past 24 hours amid Bitcoin’s price dwindling amid broader macroeconomic tension and continued sell-offs by long-term holders. Read More at https://cointelegraph.com/news/bitcoin-price-decline-long-positions-liquidated-donald-trump-elon-musk-feud?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US wants $7.7M in crypto laundered in North Korea IT worker plot
The Justice Department has filed a civil forfeiture complaint to seize crypto and NFTs allegedly tied to laundering efforts by North Korea. Read More at https://cointelegraph.com/news/us-wants-crypto-laundered-north-korea-it-worker-plot?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Maple Finance expands to Solana, deploys yield-bearing stablecoin
Maple’s expansion to Solana is powered by Chainlink’s CCIP, which allows data transfer between EVM and SVM ecosystems. Read More at https://cointelegraph.com/news/maple-finance-expands-solana-yield-bearing-stablecoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Institutional Bitcoin ETF holdings see first quarterly decline — Report
According to CoinShares, price depreciation, not selling pressure, was the main factor behind the drop in institutional BTC ETF exposure. Read More at https://cointelegraph.com/news/institutional-bitcoin-etf-holdings-see-first-quarterly-decline-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Circle stock price jumps 167% on first day of trading after IPO
Circle had boosted its IPO to a range of $1.05 billion on June 4 as investor demand grew significantly. Read More at https://cointelegraph.com/news/circle-stock-price-jumps-167-in-first-day-of-trading-after-ipo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Arca exec trashes Circle IPO in expletive-laced open letter
Arca was one of the earliest crypto investment firms to back Circle, Arca chief investment officer Jeff Dorman wrote in the letter. Read More at https://cointelegraph.com/news/arca-exec-trashes-circle-ipo-open-letter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
WLFI sends cease-and-desist letter over ‘unauthorized’ Trump wallet — Report
World Liberty Financial reportedly sent a letter after the company behind Donald Trump’s memecoin and Magic Eden announced plans to launch an “official $TRUMP wallet.” Read More at https://cointelegraph.com/news/donald-trump-world-liberty-financial-cease-desist-letter-crypto-wallets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Global Ledger detects $15M of Garantex assets flowing despite Tether’s freeze
The situation involving Garantex “undermines the illusion of control that many still cling to,” according to Global Ledger co-founder and CEO Lex Fisun. Read More at https://cointelegraph.com/news/global-ledger-detects-garantex-assets-tether-freeze?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound