Cointime August 17th News Express
1.VanEck and 21Shares Solana ETF Form 19b-4 Suspected to be Removed from CBOE Website
Brazilian Judge Drops Criminal Charges Against Late Bitcoin Ponzi Scheme MTI Mastermind Johann Steynberg
A federal judge in Brazil has ordered the criminal charges against the late CEO of Mirror Trading International (MTI), Johann Steynberg, for his involvement in a Bitcoin Ponzi scheme to be dropped after police investigations confirmed his death. Steynberg's death certificate has been added to the case file. Following the disclosure of this news, some victims immediately made defamatory remarks about these claims. Some believe that Steynberg may have faked his death. At the time of his death, Steynberg's death certificate showed that he suffered from acute respiratory failure. (Bitcoin.com) In May, the South African National Prosecuting Authority (NPA) was investigating the accomplices of the Bitcoin Ponzi scheme, Mirror Trading International (MTI), which was orchestrated by the late Johann Steynberg. NPA media relations manager Isaac Dludlu said the prosecution is considering several charges against those involved, including fraud and forgery.
Turingbitchain (TBC) releases smart contract development platform based on native Bitcoin UTXO model
On August 17th, Turingbitchain (TBC), a Bitcoin smart contract layer, released the Turingcontract.com smart contract development platform based on the native Bitcoin UTXO model.
IntoTheBlock: US government-related wallets still hold nearly $12 billion in Bitcoin
IntoTheBlock stated in an article on X that the US government recently seized $600 million worth of Bitcoin from the dark web Silk Road and transferred it to Coinbase Prime. Although depositing to an exchange usually means selling, this transfer may be for custody purposes. Wallets associated with the US government still hold nearly $1.2 billion worth of Bitcoin.
The total Bitcoin contract holdings on the entire network reached US$28.57 billion, an increase of 1.23% in the past 24 hours
According to Coinglass data, the total Bitcoin futures open interest on the entire network has reached 28.57 billion US dollars, an increase of 1.23% in the past 24 hours.<br>In addition, the total Ethereum futures open interest on the entire network has reached 10.668 billion US dollars, an increase of 2.54% in the past 24 hours.
873 BTC transferred from Antpool to wallet
According to Whale Alert monitoring, 873 BTC (worth $53,228,550) was transferred from Antpool to an unknown wallet.
Bitcoin MVRV Z-Score indicator shows that it is at an undervalued level, which may indicate a potential buying opportunity
Glassnode data shows that Bitcoin's MVRV Z-Score indicates that it is closer to being undervalued, reflecting potential buying opportunities. In the past year, this indicator has fluctuated greatly, reflecting the price trend of Bitcoin volatility.
$198 million in liquidation across the entire network in the past 24 hours
According to Coinglass data, the total liquidation across the entire network in the past 24 hours was $198 million, with long positions liquidated at $161 million and short positions liquidated at $36.83 million. Among them, Bitcoin liquidated at $57.1 million and Ethereum liquidated at $46.25 million.
MicroStrategy is looking to sell its Class A shares to raise $2 billion to buy more Bitcoin
MicroStrategy is seeking to sell its Class A shares to raise up to $2 billion to purchase more Bitcoin and for general corporate purposes.In regulatory filings filed with the U.S. SEC, MicroStrategy did not disclose a timetable for stock sales or how much proceeds would be used to purchase Bitcoin.Earlier in June this year, MicroStrategy announced the issuance of $500 million unsecured senior convertible notes to purchase more Bitcoin, and one day later raised the issue price to $700 million.
2,200 letters of support for ‘Bitcoin Strategic Reserve’ bill sent to US senators
Senator Cynthia Lummis introduced the bill on July 31, which would direct the US government to start a reserve Bitcoin fund.
