Crypto News
Tokyo-Based Metaplanet Adds Almost 22 More Bitcoin to Its Treasury
Metaplanet, a Tokyo-based public company, has revealed that it has acquired more bitcoin for its treasury holdings. According to disclosure statements, Metaplanet acquired 21.877 bitcoin, spending about $1.26 million (200 million Japanese yen) for this purpose. Now, Metaplanet holds 225.61 bitcoin, having paid a little over $14.17 million for the cryptocurrency acquired. In May, theSource link
Chainalysis Chief Economist Joins Tether Amidst Ongoing Class Action Lawsuit
Amidst a legal challenge, Tether, the USDT stablecoin issuer, has made a strategic appointment. The Chief Economist of crypto surveillance company Chainalysis, Philip Gradwell, has been brought on board as Tether’s Head of Economics. This move comes at a time when Tether and its sister crypto exchange Bitfinex are facing a class action lawsuit. TheSource link
Bitcoin Dives as Mt. Gox Trustee Moves $2.8 Billion to Cold Wallet
After reaching $65,000 earlier today, Bitcoin took a dive as the Mt. Gox trustee shifted Bitcoin into one of its cold storage wallets.Source link
Bitcoin Dips Below $63K As Mt. Gox Moves $2.8B BTC to Internal Wallets
One observer said the movement of coins was likely a part of the exchange's creditor reimbursement plan.Source link
Australian Court Convicts Bitconnect Promoter for Providing Unlicensed Advice
John Bigatton, the Australian promoter of Bitconnect, has been convicted by the Sydney District Court for providing unlicensed financial advice, violating section 911B(1) of the Corporations Act 2001, the Australian Securities and Investments Commission (ASIC) announced Monday. Between August 2017 and January 2018, Bigatton promoted Bitconnect through seminars and social media, claiming significant returns onSource link