Metaplanet doubles down on bitcoin with Japanese investment firm issuing new bond series to purchase more bitcoin. Bitcoin is Metaplanet’s Favorite Asset Metaplanet, a Japanese investment firm has announced the issuance of new ordinary bonds worth $ 30 million (¥4.5 billion) with a specific goal to accelerate the company’s acquisition of bitcoin. This is …
Semler Scientific Acquires Another 211 Bitcoin for $21.5 Million, Raises Holdings to 2,084 BTC
The addition of 211 bitcoin has seen Semler Scientific double its bitcoin balance in Q4 alone, raising its bitcoin yield to 92.8%. Semler Makes Another Addition to Growing BTC Balance Semler Scientific has announced another purchase of 211 bitcoin for $ 21.5 million. According to a Dec. 16 press release, Semler purchased the additional …
Kraken Slammed With $5.1 Million Fine for Regulatory Breach in Australia
An Australian court fined Kraken $ 5.1 million AUD for offering a margin lending product to Australian customers without proper regulatory approval. Unlawful Credit Facility An Australian court has fined the digital asset exchange platform Kraken $ 5.1 million Australian dollars (AUD) for “unlawfully issuing a credit facility to more than 1,100 Australian …
Radiant Capital Hack: How Hackers Used a PDF to Steal $50 Million
The $ 50 million hack sent shockwaves across the defi community with funds authorized to different projects completely drained. $ 50 Million Hack a Stark Warning for the Defi Industry The complexity and precision of a recent attack on Radiant Capital, a decentralized cross-chain lending protocol built on Layerzero has exposed another layer …
Bitcoin Millionaire Faces Prison: The Price of Hiding $4 Million in Gains
An early bitcoin investor was sentenced to two years in prison for evading taxes on $ 3.7 million in cryptocurrency gains, using mixers and secret wallets. Bitcoin Investor Sentenced: The High Cost of Hiding Cryptocurrency Profits Frank Richard Ahlgren III, a resident of Austin, Texas, was sentenced to two years in prison for “filing …