Crypto Evening Briefing: Do Kwon Tapped Hoard of 10,000 Bitcoin Via Swiss Bank; Judge Alludes to Possibility of SBF Bail Reversal
Shenzhen, China, has begun a retail-focused “cross-border” digital yuan pilot with Hong Kong. Japan will launch a pilot programme in April to test the use of digital yen.
Crypto Fugitive Do Kwon Tapped Hoard of 10,000 Bitcoin Via Swiss Bank, SEC Says
Crypto fugitive Do Kwon and the firm he founded transferred over 10,000 Bitcoin out of their doomed project and turned some of the tokens into cash via a Swiss bank, the Securities & Exchange Commission said.
Crypto Market Liquidation Breaches $185 Million; Bitcoin Falls Back To $23.6K
The global digital asset market registered a sharp decline on Friday morning. The biggest of the cryptos like Bitcoin (BTC) and BNB (BNB) prices have dropped by more than 3% over the past day. The crypto crash came in accordance with a decline in the Wall Street trading market.
Huobi Bi-Weekly Bitcoin Market Report Part 1/2（Feb.2023）
Bitcoin's price entered a consolidation phase in late Jan and early Feb. Further evidence is needed to judge whether it's are-accumulation phase or a distribution phase.
Mt. Gox Top Creditor Goes With Early Payout Option: Report
The top Mt. Gox creditor chose to have an early payout in Bitcoin (BTC), deciding against waiting longer for an even larger payment.
Mike Novogratz Says Bitcoin Could Return to $30,000 Next Month
Galaxy Digital CEO Mike Novogratz says he wouldn’t be surprised if the price of bitcoin returns to $30,000 next month. “When I look at the price action, when I look at the excitement of the customers calling, the FOMO [fear of missing out] building up, it wouldn’t surprise me,” the executive shared.
Joe Kernen Calls Out Charlie Munger for Being Ignorant on Bitcoin
CNBC Anchor Joe Kernen pushed back against Berkshire Hathaway Vice Chairman Charlie Munger’s latest tirade against cryptocurrency on Thursday.
Why Bitcoin? Nigeria Faces Violent Protests Amid Cash Scarcity
The cash withdrawal restrictions imposed by the Central Bank of Nigeria (CBN) have made a strong case for Bitcoin as a solid store of value and a censorship-resistant currency.
Mt. Gox’s Leading Creditors Opt for Bitcoin Payment That Guarantees 90% of Funds Owed
The two largest creditors of Mt. Gox, the now-defunct cryptocurrency exchange that got hacked in 2014 — leading to the loss of 850,000 BTC — have chosen an early lump sum payment option that will not require a selloff of their Bitcoin holdings.
Mt. Gox’s 2 Largest Creditors Pick Payout Option That Won’t Force Bitcoin Selloff: Sources
The two biggest creditors of Mt. Gox, the crypto exchange that failed due to a hack nine years ago, have elected to get their bankruptcy recovery paid out mostly in bitcoin (BTC), according to people familiar with the matter.
