Interpol is aiding Hong Kong officials in locating Wong Ching-kit, a cryptocurrency promoter known as “Coin Young Master,” notorious for his 2018 stunt of tossing HK$ 6,000 from a rooftop. Wong faces charges of fraud and theft, including involvement in a HK$ 3 million cryptocurrency deception. An Interpol red notice has been issued …
Sleeping Bitcoin Wallet From 2017 Moves 121.63 BTC Worth $8.25M After 7 Years
On July 28, 2024, bitcoin was trading at $ 67,872 per coin when a dormant bitcoin address created in 2017 transferred 121.63 BTC, now valued at $ 8.25 million, after more than seven years. Dormant Bitcoin Address Transfers $ 8.25M This Sunday, at block height 854,349, btcparser.com’s Bitcoin blockchain parser identified a …
Senator Warren Calls for Tougher Regulations to Combat National Security Risks From Foreign Crypto Mines
Senator Elizabeth Warren has called for stricter regulations to address the risks of foreign-owned cryptocurrency mining facilities in the U.S. She highlighted the environmental and national security threats, especially from Chinese-owned operations, and stressed the importance of stronger laws to regulate crypto mining and prevent foreign exploitation. Senator Warren Raises Concerns Over Foreign-Owned Crypto Mining […]
Massive Sleeping Bitcoin Wallet From 2013 Moves 750 BTC After 11 Years, Valued at $48M
With bitcoin prices declining by 3.7% in the past 24 hours, a dormant bitcoin wallet, created on May 20, 2013, or just over 11 years ago, moved 750 BTC, valued at roughly $ 48 million at current exchange rates. Vintage Bitcoin Wallet From 2013 Transfers 750 BTC Amid Market Dip On Thursday, a wallet …
Mercury Bank Blocks Fintech Founders From Nigeria, Ukraine, and a Dozen More Countries
The U.S.-based fintech company, Mercury, will offboard startups whose founders reside in or whose businesses are headquartered in 14 African countries and six non-African states. Mercury CEO Immad Akhund stated that this decision impacts customers whose deposits constitute less than 1% of Mercury’s total deposits. Affected Customers’ Deposits Less Than 1% of Mercury’s Mercury Bank, […]