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Bitcoin News / Bitcoin.com - 1 year ago

US Government to Report Seized Crypto as ‘Nonmonetary Property’

The Federal Accounting Standards Advisory Board (FASAB) has clarified that seized crypto assets should be treated as “nonmonetary property” while central bank digital currencies (CBDCs) should be treated as monetary instruments. The feder...

Bitcoin News / Bitcoin.com - 1 year ago

German Law Enforcement Transfers $425M in Bitcoin From Seized Funds

Onchain data reveals that an entity likely tied to Germany’s Federal Criminal Police Office (BKA) transferred 6,500 bitcoin, valued at approximately $425 million, on June 19. Arkham Intelligence identified the address on Jan. 31 through its on...

Cryptocoins News / Blockchain  - 1 year ago

Binance to Support Sei (SEI) and Harmony (ONE) Network Upgrades and Hard Forks

Binance announces support for Sei (SEI) and Harmony (ONE) network upgrades and hard forks, ensuring uninterrupted trading for users. (Read More)

Cryptocoins News / Blockchain  - 1 year ago

Influencing BETA, SEI and TIA, Binance to Delist Multiple Spot Trading Pairs on June 21, 2024

Binance announces the removal of several spot trading pairs due to poor liquidity and trading volume, effective June 21, 2024. (Read More)

Cryptocoins News / Blockchain  - 1 year ago

Arkham: US Government Seizes $300M from Alameda Research Accounts

US Government seizes $300M from Alameda Research accounts on Binance and BinanceUS. (Read More)

Bitcoin News / Bitcoin.com - 1 year ago

US Authority Seizes 70 Crypto Scam Sites Targeting Russian Community

The Brooklyn District Attorney’s Office has seized 70 domains used to scam the Russian community. The scam involved deceptive Facebook ads featuring a deepfake of Tesla CEO Elon Musk. Over 20 Brooklyn residents and additional victims nationwide...

Cryptocoins News / Blockchain  - 1 year ago

Sei and Gitcoin Launch $250k Creator Fund to Boost SEI Ecosystem

Sei and Gitcoin launch a $250k Creator Fund to support SEI v2 ecosystem growth. (Read More)

Bitcoin News / Bitcoin.com - 1 year ago

Economist Jim Rickards: The Global Clearance and Settlement System Might Collapse After Seizure of Russian Assets

Jim Rickards, an economist and author of the best-selling book ‘Currency Wars,’ has issued an alert about the possible collapse of the global clearance system. In a recent interview, Rickards noted that Euroclear, a settlement service, holds $200 bil...

Bitcoin News / Bitcoin.com - 1 year ago

Turkey Detains 127 Crypto Ponzi Scheme Co-Conspirators, Seizes Assets Worth Over $31 Million

According to Turkish authorities, the country’s law enforcement agencies have disrupted a criminal syndicate that lured unsuspecting residents into investing in a Ponzi scheme disguised as a cryptocurrency investment. The syndicate is reported to hav...

Cryptocoins News / Blockchain  - 1 year ago

Sei Community Airdrop: 27 Million SEI Tokens Distributed to Active Users

Sei airdrops 27 million SEI tokens to 43,052 wallets, rewarding active community members. (Read More)

Cryptocoins News / Blockchain  - 1 year ago

How to Get Started with Sei V2 (SEI)

Explore the upgraded Sei Blockchain V2 with this comprehensive guide. (Read More)

Cryptocoins News / Blockchain  - 1 year ago

Binance Supports Sei (SEI) and Kadena (KDA) Upgrades

Binance supports Sei (SEI) and Kadena (KDA) network upgrades for a better user experience. (Read More)

Bitcoin News / Bitcoin.com - 1 year ago

Latam Insights: Venezuela Seizes Over 11,000 Bitcoin Miners, Paraguay Cracks Down on Illegal Bitcoin Mining

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela seizes over 11,000 bitcoin miners to save energy, Paraguay cracks down on illegal bitcoin mining, a...

Bitcoin News / Bitcoin.com - 1 year ago

Venezuelan Authorities Seize Over 6,000 Bitcoin Miners in 2 New Operations; Over 17,000 Confiscated In Total

Venezuelan authorities led by the National Power Ministry and Corpoelec, the state-owned power company, have seized over 6,000 bitcoin miners in two new operations. The ministry, which recently declared that it would disconnect all bitcoin miners due...

Bitcoin News / Bitcoin.com - 1 year ago

UK Sentences Woman to Prison for Laundering Bitcoin After Police Seize 61K BTC

A woman has been sentenced to nearly seven years in prison for laundering bitcoin tied to a £5 billion fraud in China. Authorities seized over 61,000 bitcoin during their investigation, now worth over $4 billion. The woman denied all charges, claimin...

Bitcoin News / Bitcoin.com - 1 year ago

Paraguay Cracks Down on Illegal Bitcoin Mining: Over 550 Miners Seized

Paraguayan authorities have intensified their efforts to fight illegal bitcoin mining, using innovative techniques including artificial intelligence (AI) and its distribution systems to detect these activities. In less than a week, two new illegal bi...