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Vitalik Buterin Shifts 400 Ether to Coinbase: Ethereum Co-Founder Moves $3.79M in 10 Days – Bitcoin News

September 26, 2023

Blockchain metrics indicate that an Ethereum-linked address tied to co-founder Vitalik Buterin transferred 400 ETH to Coinbase on September 24. Spotonchain’s data shows that over a ten-day stretch, Buterin’s address funneled a cumulative 2,421 ETH to mainstream exchanges. Address Associated With Buterin Transfers More Than 2,400 Ether to Cex Platforms Real-time blockchain tracker…

Liquid Staking Platforms Zoom Past 12 Million ETH With an Addition of 370,000 Ether in 5 Days – Defi Bitcoin News

September 26, 2023

In just five days, liquid staking platforms saw a surge of 370,000 ether in their ethereum holdings, breaching the 12 million ETH mark—rising from 11.94 million to a notable 12.31 million. Interestingly, Binance’s liquid staking token, WBETH, was the powerhouse behind…

Former SEC Official Urges DOJ Action Against Crypto Industry — Says Crypto Grifters Need Threat of Prison Time – Regulation Bitcoin News

September 26, 2023

The U.S. Securities and Exchange Commission’s former head of internet enforcement has called on the U.S. Department of Justice (DOJ) to prosecute more crypto firms. “The stark reality is that the SEC is merely a civil enforcement agency. And until crypto-grifters face…

Latam Insights: Bitcoin Farm Found at Venezuelan Jail, Bill Protecting Crypto From Seizure Advances in Brazil – Bitcoin News

September 26, 2023

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: a Bitcoin mining farm is discovered during a raid on a Venezuelan jail, a bill that protects crypto from seizure advances in Brazil, and the Chilean police find a Bitcoin farm during a drug raid. Bitcoin Farm Found in Venezuelan Jail A Bitcoin mining farm was…

Will Shiba Budz (BUDZ) Dethrone Shiba Inu (SHIB) and Take off to the Moon – Press release Bitcoin News

September 26, 2023

PRESS RELEASE. New cryptocurrency initiatives are continuously arising, each with its own distinct value proposition and room for expansion. Shiba Budz (BUDZ), one such effort, has recently gained attention. Shiba Budz (BUDZ), positioned as the utility meme world’s next…

Tron Founder Justin Sun Says HTX Exchange Hacked, Loses 5,000 ETH – Bitcoin News

September 26, 2023

According to several posts on the social media platform X written by Tron founder Justin Sun, the crypto exchange HTX (formally Huobi) was hacked for 5,000 ether. Despite the loss, Sun contends that user funds on the exchange are safe and the “platform is operating…

Crypto Exchange Bybit Suspending Services in UK to Comply With New Regulations – Regulation Bitcoin News

September 25, 2023

Cryptocurrency exchange Bybit is suspending services in the U.K. next month in order to comply with the new rules set by Britain’s top financial regulator, the Financial Conduct Authority (FCA). “The suspension will allow the company to focus its efforts and resources to best meet the regulations outlined by the U.K. authorities in the future,” Bybit explained. Bybit Halting UK…

British Law Firm to Sue Onecoin Cryptoqueen to Recover Investor Funds – Bitcoin News

September 25, 2023

A London-headquartered law firm is preparing a lawsuit against the fugitive mastermind of the Onecoin crypto pyramid scheme, ‘Cryptoqueen’ Ruja Ignatova. Its lawyers intend to file a class action suit in the United Kingdom’s High Court, the British press…

Coinbase Registers as Crypto Exchange and Wallet Provider in Spain – Exchanges Bitcoin News

September 25, 2023

U.S.-based crypto exchange Coinbase has obtained a registration in Spain that will allow it to offer a range of services for digital assets. The authorization fits into the company’s current strategy for global expansion through acquiring local licenses and tailoring…

Diminished Activity, L2 Migration Push Ethereum to Turn Inflationary – Bitcoin News

September 25, 2023

Recently, Ethereum has seen a shift towards inflation, sparked by a dip in network activity and onchain fees. Data reveals that, with decreased activity and lower fees, Ethereum’s inflation rate stands at 0.270%. The decline in overall activity and people transitioning to layer two (L2) networks has notably curtailed base fee burning. From Deflation to Inflation: Ethereum’s Issuance Rate…