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, claiming she was manipulated by a “mastermind.” 61K Bitcoin Seizure Leads to Jail …
A Zimbabwean millionaire couple, based in South Africa, has been kidnapped by a gang seeking to profit from their cryptocurrency valued at $ 13.9 million. The couple, Professor Sheperd Sikhosana and his wife, Sekayi Adelpha Sikhosana, were kidnapped in Pretoria, South Africa, and smuggled into Zimbabwe. The gang, led by Moses Nhachi Chademana and …
With bitcoin’s price up 6.8% from last week, a dormant bitcoin address from 2013 became active for the first time in over 11 years, transferring 114.42 bitcoins valued at $ 7.67 million. Sleeping Bitcoin Wallet Awakens After 11 Years, Moves 114 Bitcoins April and May have seen fewer awakenings of long-dormant bitcoin addresses, but …
The Nigerian naira continued with a downward which recently saw it being named the worst-performing currency when it slid by just over five per cent to erase the previous day’s gains. The naira’s depreciation is said to have occurred just a day after the central bank intervened by injecting between $ 80 million and …
Over the past 35 days, the total value locked in decentralized finance (defi) protocols has expanded by $ 11.89 billion, recovering from a low of just over $ 83 billion on April 13. Although it has not yet reached the $ 100 billion mark, the value locked in defi is approaching that …