German Government Officially Acknowledges Involvement in 50,000 Bitcoin Sell-off

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The German government has officially acknowledged its involvement in selling 49,858 bitcoin linked to the movie2k case. In a press release, German authorities reported that the sales were completed due to what is stipulated in Section 111p of the Code of Criminal Procedure, classifying this move as an “emergency sale.” Bankhaus Scheich Wertpapierspezialist AG, the […]

Maelstrom Launches Bitcoin Grant Program Aiming to Support Developers

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The Arthur Hayes-linked Bitcoin-supporting entity Maelstorm has launched a grant program to assist with the technical development of Bitcoin. Developers who wish to receive grants—ranging from $50,000 to $150,000 each—must submit applications on or before August 25. Enhancing Bitcoin’s Resilience and Censorship Resistance Maelstorm, an entity focused on Bitcoin’s technical development, has launched a Bitcoin […]

Nigerian Prison Doctor Faces Arrest Over Jailed Binance Exec’s Health Report

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On July 16, a Nigerian court issued an arrest warrant for a prison doctor who failed to provide jailed Binance executive Tigran Gambaryan’s medical report as demanded. The court also ordered prison officials to take Gambaryan to a local hospital for 24 hours of medical care. Prison Doctor Fails to Appear in Court A Nigerian […]

Okx Quits Nigerian Market, Users Urged to Withdraw Funds Before Deadline

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Okx, a leading cryptocurrency exchange, has announced its decision to discontinue services in Nigeria starting from August 16, 2024. The company cited unfavorable policies by the Nigerian government as the reason for this move. Okx said Nigerian users are advised to withdraw their funds from the platform before the specified date. This decision is similar […]

Fake Professors Scam Crypto Investors on Telegram and Whatsapp, DFI Warns

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The Washington State Department of Financial Institutions (DFI) has reported multiple complaints about cryptocurrency scams on Whatsapp and Telegram involving fake “professors.” These scams lure investors through social media ads and false educational institutions, promising high returns and offering dubious loans. Cryptocurrency Scams: Fake Professors Target Investors The Washington State Department of Financial Institutions (DFI) […]

Skybridge’s Scaramucci Warns Billionaires Supporting Trump: Dangerous Times Ahead

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Skybridge Capital founder Anthony Scaramucci criticized the support of billionaires for former U.S. President and presidential candidate Donald Trump, reflecting on his own experience. He joined the Trump administration in July 2017. However, his tenure as Communications Director was notably short-lived, lasting only 11 days, due to his controversial remarks and conflicts within the administration. […]

Trump Reaffirms Support for Crypto, Plans to Launch 4th NFT Collection

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Former U.S. President and presidential candidate Donald Trump has reaffirmed his support for cryptocurrency, emphasizing: “If we don’t do it, China is going to pick it up” and dominate the industry. He revealed that he will launch another non-fungible token (NFT) collection. He stressed that almost all of his previous NFTs were paid in crypto, […]

Vitalik Buterin Warns Against Political Support Based on Crypto Stance

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Ethereum co-founder Vitalik Buterin advised against basing political support solely on a candidate’s pro-crypto stance. He emphasized the importance of broader values like individual freedoms and technological advancement. “Crypto-friendly now does not mean crypto-friendly five years from now,” he stressed. Buterin Highlights Risks of Narrow Political Focus in Crypto Ethereum co-founder Vitalik Buterin has cautioned […]

Ripple CEO Blasts Political Divide Over Crypto, Calls for Bipartisan Cooperation

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Ripple CEO Brad Garlinghouse has criticized the politicization of cryptocurrency in the U.S., stressing the necessity of a bipartisan approach and clear regulatory guidelines. He condemned the partisan divide in crypto innovation, particularly addressing Senator Elizabeth Warren’s characterization of cryptocurrencies as tools for illicit activities. Garlinghouse called for bipartisan cooperation to fully realize crypto’s benefits. […]

Ethereum ETFs Could Drive Prices to New Highs, Says Bitwise CIO

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Ethereum prices are poised to reach new all-time highs, according to Matt Hougan, chief investment officer at Bitwise. Hougan’s analysis suggests that the introduction of spot ethereum exchange-traded funds (ETFs) will significantly impact ether prices, potentially driving them above $5,000 by year-end. Bitwise’s Hougan: Ethereum ETFs to Push Prices Above $5,000 Bitwise CIO Matt Hougan […]