“We’ve seen tremendous interest from larger investors seeking better ways to access bitcoin, and thanks to Hashlabs’ supply of hashrate and access to miners, we’re providing that – with no counterparty risk,” said Andy Fajar Handika, founder of Loka, in the release. Original
At least one major centralized crypto exchange has confirmed receiving Bitcoin allocated for Mt. Gox creditor repayments. Kraken announced it received undisclosed sums of Bitcoin (BTC) and Bitcoin Cash (BCH) from Mt. Gox’s trustee, designated for user reimbursements. Emails sent to affected users and seen by crypto.news on Tuesday noted that Kraken plans to distribute crypto to creditor accounts within 14 days. The confirmation arrived hours after the defunct BTC exchange transferred an estimated $6 billion in Bitcoin to unlabelled addresses. According to Arkham Intelligence, the movements started with test transactions…
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The aggregate market cap of the fourteen bitcoin miners listed in the U.S. that the bank tracks rose 29% since the end of June, the report said. Source
Craig Wright has been referred for criminal investigation in Britain for alleged perjury. Wright claimed to have authored the foundational 2008 Bitcoin white paper under the pseudonym “Satoshi Nakamoto.” He pursued litigation globally, including in the UK and the U.S., asserting his claim. The Crypto Open Patent Alliance, including Block, founded by Twitter’s Jack Dorsey, […] Original
Bitcoin dipped below $63,000 as Mt. Gox selling pressure reared its head again. BTC had tested a return above $65,000 during Asian trading hours before slipping 3% as a wallet associated with Mt. Gox moved nearly $3 billion worth of bitcoin, likely as part of its creditor repayment plan. The defunct crypto exchange began repaying its debt on July 4, with traders concerned that recipients will immediately dump their coins, dragging BTC’s price down. Bitcoin fell to around $62,500 in the mid-European morning before recovering to over $63,500, 1.6% higher…
Ethereum (ETH) is up in the last 24 hours. This is thanks to a recent development suggesting that the Spot Ethereum ETFs are set to launch anytime soon. These funds are expected to positively impact ETH’s price, with the second-largest crypto token poised to reach new highs. Why ETH Is Up Today Ethereum experienced a price surge following Bloomberg analyst Eric Balchunas’ revelation that the Spot Ethereum ETFs could begin trading by July 23. Balchunas mentioned in an X (formerly Twitter) post that the US Securities and Exchange Commission (SEC)…
Craig Wright, self-declared inventor of Bitcoin, arrives at federal court in West Palm Beach, Florida, U.S., on Friday, June 28, 2019. Saul Martinez | Bloomberg | Getty Images LONDON — Craig Wright, an Australian man who claimed to be the inventor of bitcoin, was on Tuesday referred to British prosecutors for committing alleged perjury. On Tuesday, British High Court Judge James Mellor decided to refer a case against Wright’s claim to be the inventor of bitcoin to the Crown Prosecution Service — which is the organization that prosecutes criminal cases…
Self-proclaimed Bitcoin inventor Craig Wright was reportedly referred to U.K. prosecutors for alleged perjury after a judge found he lied “extensively and repeatedly” about his claim. Australian computer scientist Craig Wright who claimed to have invented Bitcoin (BTC) was referred to British prosecutors for alleged perjury by a judge at London’s High Court, Reuters has learned. The report says the judge found that Wright had lied “extensively and repeatedly” to support his false claims of creating the largest cryptocurrency by market capitalization. Wright has long asserted that he authored the…
A Pew Research Center survey of 35 countries, published last week, highlights China’s significant economic influence, with perceptions varying by income level. The survey covers Argentina, Australia, Bangladesh, Belgium, Brazil, Canada, Czech Republic, Egypt, France, Germany, Ghana, Greece, Hungary, India, Indonesia, Israel, Italy, Japan, Jordan, Kenya, Malaysia, Mexico, Netherlands, Nigeria, Pakistan, Philippines, Poland, South Africa, […] Source CryptoX Portal