Crypto News
Tornado of Administrative Overreach: Challenging Sanctions of Crypto Mixing Services
Cryptocurrency transactions are often anonymous, but they’re not private. In fact, they’re quite public. Anyone with the right technical know-how can see every transaction ever made on most publicly accessible blockchains.This radical transparency and traceability has made it easier (contrary to popular belief) for law enforcement to track stolen and laundered cryptocurrency across various transactions. But it has also made it easier for criminal crypto actors to trace certain transactions, and — by collecting enough data points — recognize the real-world identity of crypto users who would otherwise remain anonymous.Dramatic stories abound about violent home invasions targeting those with large cryptocurrency holdings or hackers targeting those who donate to controversial causes. More mundanely, those who accept cryptocurrency as payment for...
Former Grayscale CEO Michael Sonnenshein Joins Aptos Labs as Adviser
Michael Sonnenshein, the former CEO of Grayscale Investments, has joined Aptos Labs as an adviser alongside OpenAI's chief product officer, Kevin Weil.Aptos Labs, the developer of layer-1 blockchain Aptos, said in an email it will harness Sonnenshein's knowledge to bring more traditional financial institutions to the network.Weil, who is also a former vice president of product at Facebook owner Meta (META), will advise Aptos Labs on AI strategies for blockchain applications.Sonnenshein stepped down as Grayscale's CEO in May after 10 years with the company, during which the digital asset management company grew its flagship Bitcoin Trust (GBTC) into the pre-eminent BTC investment vehicle, which subsequently became one of the first U.S.-listed bitcoin exchange-traded funds (ETFs).Read More: Payments Giant Stripe Brings...
MicroStrategy Makes Largest-Ever Bitcoin Buy, Adding $5.4 Billion Worth
MicroStrategy’s purchase of 55,500 Bitcoin represented its largest acquisition of the asset on record, bringing its stash to $37.6 billion.Source link
Microstrategy Drops $5.4B on 55,500 Bitcoins, Cementing Giant 386,700 BTC Hoard
Microstrategy shatters records, acquiring 55,500 more BTC for $5.4 billion, pushing its massive holdings to 386,700 BTC in an unprecedented crypto dominance move. 386,700 BTC Milestone: Microstrategy Secures 55,500 More Bitcoins for $5.4 Billion Software intelligence powerhouse Microstrategy Inc. (Nasdaq: MSTR) has once again doubled down on its bullish bitcoin strategy, announcing yet another acquisitionSource link
First Mover Americas: Bitcoin Regains $98K After Weekend Slump
Starting next Monday, First Mover Americas will become Crypto Daybook Americas, your new morning briefing on what happened in the crypto markets overnight and what's expected during the coming day. Publishing at 7 a.m. ET, it will kickstart your morning with comprehensive insights. You won't want to start your day without it.Latest PricesCoinDesk 20 Index: 3,433.47 +3.11%Bitcoin (BTC): $98,230.02 +0.33%Ether (ETH): $3,483 +4.89%S&P 500: 5,969.34 +0.35%Gold: $2,685.55 -1.13%Nikkei 225: 38,780.14 +1.3%Top StoriesBitcoin traded above $98,000 having dropped below $96,000 on Sunday. A pullback had been expected as traders took profits after last week's surge to nearly $100,000. XRP and DOGE led the drop, both losing more than 5%, while ETH, SOL and ADA fell between 2%-5%. They all also pared...