Crypto Currency

Virgil Griffith Handed Five-year Sentence For North Korea Trip

Reading Time: 2 minutes Former Ethereum developer Virgil Griffith has been handed a five-year prison sentence for illegally attending a North Korean blockchain conference Griffith gave a presentation at the 2019 Pyongyang Blockchain and Cryptocurrency Conference He was accused of advising the North Korean state how to evade sanctions with crypto Former Ethereum developer Virgil…

Published 4 years ago in
Virgil Griffith Handed Five-year Sentence For North Korea Trip

Reading Time: 2 minutes Former Ethereum developer Virgil Griffith has been handed a five-year prison sentence for illegally attending a North Korean blockchain conference Griffith gave a presentation at the 2019 Pyongyang Blockchain and Cryptocurrency Conference He was accused of advising the North Korean state how to evade sanctions with crypto Former Ethereum developer Virgil Griffith has been handed a five-year jail term for helping North Korea evade U.S…
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Crypto Currency

Bitcoin Plunges to $65,000 as $1.8 Billion in Crypto Positions Are Liquidated

Bitcoin slid to a multi-month low near $65,000 on Wednesday, triggering roughly $1.8 billion in crypto liquidations as $774 million in leveraged Bitcoin longs were flushed in a single day. The post Bitcoin Plunges to $65,000 as $1.8 Billion in Crypto Positions Are Liquidated appeared first on Crypto News Australia…

Published 23 hours ago in
Bitcoin Plunges to $65,000 as $1.8 Billion in Crypto Positions Are Liquidated

Bitcoin slid to a multi-month low near $65,000 on Wednesday, triggering roughly $1.8 billion in crypto liquidations as $774 million in leveraged Bitcoin longs were flushed in a single day.
The post Bitcoin Plunges to $65,000 as $1.8 Billion in Crypto Positions Are Liquidated appeared first on Crypto News Australia…
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Crypto Currency

U.S. Spot Bitcoin ETFs Extend Record Outflow Streak to 12 Days as Nearly $4B Exits

Bitcoin has just suffered a slide of over 20% from its May peak, while ETF flows are drawing significant attention in the market. U.S. spot Bitcoin ETFs recorded a 12-day The post U.S. Spot Bitcoin ETFs Extend Record Outflow Streak to 12 Days as Nearly $4B Exits appeared first on NFT Evening…

Published 23 hours ago in
U.S. Spot Bitcoin ETFs Extend Record Outflow Streak to 12 Days as Nearly $4B Exits

Bitcoin has just suffered a slide of over 20% from its May peak, while ETF flows are drawing significant attention in the market. U.S. spot Bitcoin ETFs recorded a 12-day
The post U.S. Spot Bitcoin ETFs Extend Record Outflow Streak to 12 Days as Nearly $4B Exits appeared first on NFT Evening…
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Crypto Currency

Community Clashes Over Strategy’s First Bitcoin Sale in 4 Years as MSTR Craters 7%

Strategy Inc. sold 32 bitcoin between May 26 and May 31 for roughly $2.5 million, its first disclosed net bitcoin disposal since December 2022, according to a June 1 Form 8-K filing with the U.S. Securities and Exchange Commission (SEC). For the first time in four years…

Published 23 hours ago in
Community Clashes Over Strategy’s First Bitcoin Sale in 4 Years as MSTR Craters 7%

Strategy Inc. sold 32 bitcoin between May 26 and May 31 for roughly $2.5 million, its first disclosed net bitcoin disposal since December 2022, according to a June 1 Form 8-K filing with the U.S. Securities and Exchange Commission (SEC). For the first time in four years…
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Crypto Currency

Bleeding Bitcoin Holders Signal Stress — $60K Becomes Critical Battleground

Bitcoin’s futures market is flashing a warning that analysts say could mean more pain ahead. Open interest climbed to roughly 288,000 BTC even as prices fell, with funding rates holding positive at 0.083% — a sign that bullish bets remain in place despite the selloff, leaving the market exposed to another wave of forced liquidations…

Published 23 hours ago in
Bleeding Bitcoin Holders Signal Stress — $60K Becomes Critical Battleground

Bitcoin’s futures market is flashing a warning that analysts say could mean more pain ahead. Open interest climbed to roughly 288,000 BTC even as prices fell, with funding rates holding positive at 0.083% — a sign that bullish bets remain in place despite the selloff, leaving the market exposed to another wave of forced liquidations…
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