This week, Senator Cynthia Lummis raised concerns about the U.S. Marshals Service’s management of seized bitcoin, calling for transparency and questioning the decision to liquidate nearly 70,000 BTC, worth billions. Government Bitcoin Sale Questioned by Wyoming Senator In a letter addressed to U.S. Marshals Service Director Ronald Davis, Senator Cynthia Lummis scrutinized the agency’s track […]
Crypto Community on Edge as Biden’s DOJ Eyes Sale of $6.49 Billion in Seized Bitcoin
On Jan. 9, 2024, discussions have been buzzing within the crypto community regarding the potential sale of $ 6.49 billion worth of bitcoin (BTC) by the U.S. Department of Justice (DOJ). This speculation arises from a court ruling issued on Dec. 30, in which U.S. Chief District Judge Richard Seeborg sanctioned the forfeiture of …
Avalanche Closes $250 Million Token Sale Ahead of Upcoming Avalanche9000 Upgrade
Avalanche announced the recent closure of a $ 250 million token sale that will support the upcoming launch of Avalanche9000. This major upgrade aims to turn Avalanche into a swarm of interconnected L1s. Avalanche Raises $ 250 Million Before Major Avalanche9000 Upgrade Avalanche, a top 15 blockchain project, has recently closed a $ …
‘They Have No Idea What They Own’: Space Force Major Condemns US Bitcoin Sale
In recent months, the idea of a U.S. strategic bitcoin reserve has stirred animated discussions, fueled further when the government moved nearly 20,000 bitcoins from its wallets. The transaction prompted a United States Space Force major, who is deeply involved in exploring bitcoin’s role in national security, to share insights on the matter. Embarrassed Like […]
Debridge Closes Exclusive Token Sale for Certain Participants
Debridge kicked off its LFG Vault for DBR tokens, giving active members of its ecosystem and Jupiter’s community an exclusive opportunity to acquire tokens at a locked-in price. With a focus on fairness and stability, the launch introduced a new token sale model designed to curb gas wars and market volatility. Debridge Releases A New […]