CryptoNews

Dormant Since 2010, Bitcoin Address Awakens to Move 1,005 BTC Worth $29.7 Million – Bitcoin News

On the morning of Monday, August 14, 2023, at the precise block height of 803,135, a dormant bitcoin address — created on November 9, 2010 — stirred to life. After lying in slumber for an exacting 12.9 years, it awoke to spend a staggering 1,005 bitcoin, a sum swelling to an impressive value of more than $29 million. Waking Giant: Bitcoin Address Stirs From 12.9-Year Slumber to Transfer $29.7…
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CryptoNews

Going Crypto Makes Sense for Elon Musk's X – Op-Ed Bitcoin News

While X, the platform formerly known as Twitter, has made a turn to share some of its earnings with its users, the lack of a genuinely universal payment method – like crypto – means users of countries such as Russia and Venezuela are excluded from getting these benefits, disrupting Elon Musk’s intentions of incubating a global content ecosystem. While the acquisition and transition of X, the…
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CryptoNews

French Regulator Revises Crypto Rules to Align With EU’s MiCA Law – Regulation Bitcoin News

France’s financial market regulator said it’s adjusting the rules for crypto companies in line with Europe’s new regulatory framework. The changes, which will enter into force next year, seek to enhance registration requirements for businesses offering certain services for digital assets like custody and trading. Autorité des Marchés Financiers (AMF), the French financial regulator…
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CryptoNews

Former SEC Official Warns 'Crypto Regulatory Onslaught Will Never End' – Regulation Bitcoin News

The U.S. Securities and Exchange Commission’s former head of internet enforcement has warned that “crypto regulatory onslaught will never end.” He claimed that cryptocurrency trading platforms, like Binance and Coinbase, are simply playing “a short game of regulatory arbitrage, all carried out in an effort to make as much fiat as possible before their inevitable demise.” Former U.S.
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