Forever on Nakamoto time: CoinGeek Zurich to give away $15,000 limited edition Franck Muller watch

Organizers of the CoinGeek Conference in Zurich this week are giving away a limited-edition “Nakamoto” watch by Franck Muller to one lucky online attendee. The Swiss luxury watchmaker is producing only 100 of the watches, worth US$15,000 each and featuring a modern design that clearly reflects the original Bitcoin, BSV. This is no participation award, like some proof-of-stake blockchain. Attendees […]

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Met Police urge for crackdown on digital asset money laundering

London’s Metropolitan Police are lobbying the U.K. government to legislate to make it tougher for criminals to use and transfer digital assets, according to Detective Chief Superintendent Michael Gallagher. Gallagher, who is retiring this year, told The Times that “cryptocurrency, and criminality involving crypto, has developed so quickly, and because legislation is so slow, we’re having conversations now about realigning […]

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Record $141M outflow from Bitcoin products signals institutions are bearish on BTC: CoinShares

The latest report from analytics firm CoinShares shows that outflows from institutional BTC investment products continue to surge. According to CoinShares’ June 7 Digital Asset Fund Flows Weekly report, institutional investors are continuing to reduce Bitcoin exposure, with BTC investment products seeing a record outflow of $141 million this past week. The data follows heavy institutional selling amid May’s dramatic […]

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As Crypto Interest Winds Down Bitcoin's Daily Transaction Rate Plummets to Two-Year Lows – Bitcoin News

Onchain data indicates that bitcoin transactions per day have plummeted to lows not seen since October 2018. Further, bitcoin transaction fees have dropped 93% after touching a high of $62 per transaction in April 2021. Bitcoin Daily Transaction Rate Dips by 35%, Google Trends Data Shows Interest Has Dropped Since May While bitcoin (BTC) prices have dropped to lower bound […]

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Ripple seeking documents from 15 exchanges in legal fight vs SEC

Ripple seeking documents from 15 exchanges in legal fight vs SEC Ripple has filed a motion seeking the court’s approval to request documents from 15 digital currency exchanges in its legal battle against the U.S. Securities and Exchange Commission (SEC). The payments company is seeking to prove that the XRP sales its executives made were beyond the jurisdiction of the […]

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FBI Agent Recovers Private Key to $2.3M in Bitcoin Paid to Colonial Pipeline Hackers – Bitcoin News

U.S. law enforcement officials from the Justice Department on Monday announced the seizure of $2.3 million dollars worth of crypto assets that were paid to the Colonial Pipeline hackers. Deputy Attorney General Lisa Monaco explained during a news conference that federal agents “recaptured the majority of the ransom Colonial paid to the Darkside network.” FBI Recovers Private Key for Over […]

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