Tag: Billion

Russian ZP Legal Claims They Can Recover Mt. Gox’s $2 Billion Lost in Bitcoin Hack

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Russian law firm Zheleznikov and Partners has proposed a way to recover up to 200,000 Bitcoin stolen from Mt. Gox exchange. They want to take legal action against Russian nationals who received the stolen money. Moscow-based law firm Zheleznikov and Partners (ZP Legal) claims has put forward a proposal on how to recover up to 200,000 Bitcoin (BTC) stolen from the Japanese exchange Mt. Gox. The solution implies taking legal action against Russian nationals who received the stolen money. Mt. Gox Hack Mt. Gox was a Japanese Bitcoin exchange launched…

Blockchain Devices Market to Grow to $1.285 Billion by 2024

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The blockchain devices market is expected to grow by 42.5% at a compound annual growth rate (CAGR) by 2024, according to a recent research by intelligence and market research platform MarketsandMarkets. On Sept. 12, MarketsandMarkets released a report dubbed “Blockchain Devices Market by Type (Blockchain Smartphones, Crypto Hardware Wallets, Crypto ATMs, POS Devices, & Others), Connectivity (Wired & Wireless), Application (Personal & Corporate), and Geography – Global Forecast to 2024.” The company suggested that the blockchain devices market will see a 42.5% CAGR in coming years, to reach $1,285 million…

Blockchain in Healthcare Market to Surpass $1.6 Billion by 2025

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The value of the blockchain technology in healthcare market is expected to surpass $1.6 billion by 2025, according to global market research and consulting firm Global Market Insights. In a press release published on Sept. 9, Global Market Insights estimated that the blockchain in healthcare market will grow due to a number of factors such as the implementation of government initiatives and increasing investment in the field. Growth factors for blockchain in healthcare Examination of medical outcomes, interoperability of health data and cost component reductions will further impact blockchain adoption,…

Apple Hint, XRP Dump, Mystery $1 Billion Transfer: Hodler’s Digest, Sept. 2–8

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Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Ripple transfers 500 million XRP from its escrow wallet Ripple turned heads this week when data from Whale Alert suggested the fintech startup has transferred 500 million XRP tokens from its escrow wallet — funds worth $130 million. This isn’t the first time that the…

Bitcoin Whale Moves a Cool Billion Dollars for a Mere $700 Fee — CCN Markets

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Someone just moved $1 billion in bitcoin to an unknown wallet. | Source: Shutterstock On September 6, more than $1 billion worth of bitcoin was sent from an unknown wallet. The transaction was processed within several hours with a $700 fee. A $1 billion bitcoin transaction processed with a $700 fee (source: blockchain.com) The Token Analyst team traced some of the 94,500 bitcoin to the address of Huobi Global, a major cryptocurrency exchange, but the origins of the rest of the holdings remain unclear. $1 Billion+ $BTC was transferred in…

Bitcoin Whale Moves a Cool Billion Dollars for a Mere $700 Fee — CCN Markets

boss

Someone just moved $1 billion in bitcoin to an unknown wallet. | Source: Shutterstock On September 6, more than $1 billion worth of bitcoin was sent from an unknown wallet. The transaction was processed within several hours with a $700 fee. A $1 billion bitcoin transaction processed with a $700 fee (source: blockchain.com) The Token Analyst team traced some of the 94,500 bitcoin to the address of Huobi Global, a major cryptocurrency exchange, but the origins of the rest of the holdings remain unclear. $1 Billion+ $BTC was transferred in…

Did Bakkt Just Moved $1 Billion in Bitcoin for $700 Fee?

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A $1 billion Bitcoin (BTC) transaction became conspicuous because its sender spent far too much on fees. Some are guessing at the origin and destination of the funds with some believing it’s tied with Bakkt. There was a $1 billion Bitcoin (BTC) transaction whose sender spent a bit too much on fees. Social media users are guessing at the origin and destination of the funds on Sept. 6, that involves 94,504 BTC ($1.018 billion). According to Twitter-based monitoring resource Whale Alert, the transaction did not include already known wallets or…

Craig Wright Set to Question Verdict Against Him in $10 Billion Lawsuit

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Craig Wright asked for 14-days deadline extension on the ruling judge Bruce Reinhart gave by ordering Wright to surrender more than $4 billion worth of cryptocurrency in favor of Kleiman’s estate. Right after last week, we thought (better say hoped) that “Craig Wright is (not) Satoshi Nakamoto” saga is over – he (again) proved us wrong. Self-called Bitcoin originator Craig Wright apparently decided to question the recent verdict against him in the $10 billion lawsuit filed by the estate of Dave Kleiman. Just for a reminder, Ira Kleiman, brother of…

North Korea Denies It Stole $2 Billion From Crypto Exchanges and Banks

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North Korea is denying accusations of obtaining $2 billion through hacking banks and cryptocurrency exchanges. North Korea accuses the United States of spreading rumours On Sept. 1, the country’s official state media, the Korea Central News Agency (KCNA) denied allegations of massive theft by North Korean agents.  As Cointelegraph previously reported, the United Nations Security Council North Korea sanctions committee said that “Democratic People’s Republic of Korea cyber actors were raising money for its WMD (weapons of mass destruction) programs, with total proceeds to date estimated at up to two…

Billionaire Hedge Fund Manager Eyes $1 Billion Crypto Venture

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Superstar Hedge fund manager Alan Howard has decided to create a unique enterprise which will forever change the crypto space. Created by the UK Crypto asset management firm Elwood management, the system which is currently under development will create opportunities for crypto hedge funds and other institutions who wish to profitably sail through the waters of the crypto-verse. Elwood Asset management are the custodians of Billionaire Alan Howard and other high net worth individuals who have identified opportunities to make profits from the new and exciting world of cryptocurrencies. How…