Tag: 10.2M

Dormant Bitcoin wallet from 2014 moves BTC worth $10.2m

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A Bitcoin wallet that has been dormant since 2014 suddenly woke up and moved over 174 bitcoins worth more than $102 million. Blockchain data showed that the Bitcoin (BTC) wallet that received 174.88 BTC on Jan. 8, 2014, moved funds for the first time on Aug. 16, 2024. The transfer comes after a decade, during which Bitcoin’s price soared to highs of $73,000 before retreating to current levels. Transaction cost While BTC’s initial value was nearly $142,000 in 2014, the staggering gains the flagship cryptocurrency has seen since mean that…

Robinhood Faces $10.2M Penalty From Multiple U.S. States Over Technical Failures, Investor Harm

“In addition, prior to March 2021, there were deficiencies at Robinhood in its review and approval process for options and margin accounts, weaknesses in the firm’s monitoring and reporting tools, and insufficient customer service and escalation protocols that in some cases left Robinhood users unable to process trades even as the value of certain stocks was dropping,” the DFPI said. Source