Mobile game probe: India’s ED freezes Bitcoin worth Rs 7 Crore
As a result of an ongoing probe into money laundering involving the gaming app E-nuggets, ED reports that it has frozen an additional 44.5 bitcoins.
Tag bitcoin
Elon Musk-owned Tesla’s Bitcoin Holdings remain unchanged, stands at $218 Mn
In July, in the second quarter, Tesla sold $936 million worth of bitcoin, approximately 75% of its holdings.
The Guinness Book Of World Records now includes Bitcoin
There are currently several entries for Bitcoin in the Guinness Book of World Records.
Salvadoran President Nayib Bukele Fires Back At Bitcoin Detractors
Key Takeaways: El Salvador’s current President chastised BTC naysayers. El Salvador’s inventive actions, he claims, threaten the world’s most powerful people and elites The first nation to officially recognize Bitcoin as legal money is El Salvador. This implies that BTC…
The CFTC Chair Says Bitcoin’s Price Might ‘Double’ Under the Regulator’s Supervision
Key Takeaways: Bitcoin, according to CFTC Chairman Behnam, might flourish in a regulated market where institutional investors are more at ease investing in the space. Behnam also asserted that the CFTC’s present funding is insufficient to adequately oversee the cryptocurrency…
Russia Agrees to Make Bitcoin Mining Legal in Energy-Prosperous Regions
Key Takeaways: Russian government agencies are negotiating a deal to make Bitcoin mining legal in areas with plenty of electricity. An efficiency guideline for crypto mining in Russia has been developed by crypto researchers. Russian authorities have reverted to focusing…
Colorado now Accepts Crypto and Bitcoin as Payment for Taxes
Key Takeaways: Residents of Colorado can now use cryptocurrency to pay state taxes. Taxpayers of the state may do so via PayPal for an additional fee. As the first U.S. state to accept bitcoin for tax payments, Colorado now allows…
Coinberry Suffers a $3 Million Loss Due to a Software Bug
Key Takeaways: Coinberry is taking legal action to reclaim the stolen Bitcoins from its customers. Coinberry addressed 546 impacted registered individuals through email and demanded that the monies be returned. Only 23 Bitcoins were returned in response to the inquiry.…
Singapore Considers Limiting Retail Bitcoin Trading
Key Takeaways: The MAS will start looking into methods to restrict access to credit facilities, introduce customer suitability checks to add friction to retail access and use credit facilities to discourage foolish investment. Singapore’s central bank’s head said the city-state…
Latvian National Extradited to the U.S for Crypto and Wire Fraud
Key Takeaways: Extradition of a Latvian national to the US for scamming cryptocurrency investors. The Latvian man was sent to the United States, where he is charged with fraud for allegedly defrauding various businesses that offered cryptocurrency investment opportunities. Ivars…
