Crypto Currency

SA Bitcoin trader MTI under liquidation, CEO flees

The Cape High Court has granted a provisional liquidation order against local Bitcoin trading platform Mirror Trading International. Its CEO has reportedly left the country.

The Cape High Court has granted a provisional liquidation order against local Bitcoin trading platform Mirror Trading International. Its CEO has reportedly left the country.
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Crypto Currency

Bitcoin Miner-Maker Bitmain Faces U.S. National Security Probe Over Remote Control Risk

Bitmain, the dominant Chinese manufacturer of the ASIC machines used to mine Bitcoin (BTC), is reportedly under a U.S. national security probe. Sources cited by Bloomberg say that the Department of Homeland Security is investigating the firm as it tries to determine whether the hardware could be manipulated remotely for purposes related to surveillance or

Bitmain, the dominant Chinese manufacturer of the ASIC machines used to mine Bitcoin (BTC), is reportedly under a U.S. national security probe. Sources cited by Bloomberg say that the Department of Homeland Security is investigating the firm as it tries to determine whether the hardware could be manipulated remotely for purposes related to surveillance or [……
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Crypto Currency

BlackRock Fidelity and ARK Invest Add $493M to Bitcoin Holdings

TLDR BlackRock, Fidelity, and ARK Invest purchase $493M worth of Bitcoin. Major firms’ Bitcoin investments signal growing institutional confidence. Institutional buying helps stabilize Bitcoin prices and reduce volatility. Bitcoin adoption rises as financial giants seek long-term investment. Bitcoin is seeing a surge in institutional buying as major financial firms like BlackRock…

TLDR BlackRock, Fidelity, and ARK Invest purchase $493M worth of Bitcoin. Major firms’ Bitcoin investments signal growing institutional confidence. Institutional buying helps stabilize Bitcoin prices and reduce volatility. Bitcoin adoption rises as financial giants seek long-term investment. Bitcoin is seeing a surge in institutional buying as major financial firms like BlackRock…
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Crypto Currency

Bitcoin (BTC) Price: Drops To $102K Support Despite $524M In ETF Inflows

TLDR US spot Bitcoin ETFs recorded $524 million in net inflows on November 11, with BlackRock and Fidelity leading the surge Bitcoin price fell 1.8% to $103,344 on November 12, extending recent losses below the $103,000 level China’s cybersecurity agency accused the US government of stealing $13 billion worth of Bitcoin from a mining pool

TLDR US spot Bitcoin ETFs recorded $524 million in net inflows on November 11, with BlackRock and Fidelity leading the surge Bitcoin price fell 1.8% to $103,344 on November 12, extending recent losses below the $103,000 level China’s cybersecurity agency accused the US government of stealing $13 billion worth of Bitcoin from a mining pool […]
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Crypto Currency

UK sentences Chinese scammer after record-breaking Bitcoin seizure

Police seized 61,000 Bitcoin from Zhimin Qian, 47, as part of a years-long money laundering investigation…

Police seized 61,000 Bitcoin from Zhimin Qian, 47, as part of a years-long money laundering investigation…
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