CryptoClan (ENG)

2022-03-12 18:12:01 Anyone Helping Rich Russians Hide Assets Will Be Prosecuted, U.S. Warns

The Justice Department will investigate and prosecute people, banks, cryptocurrency exchanges and others that help rich Russians hide or launder their luxury assets and money, a senior department official said.

The actions will be undertaken by a new task force dedicated to freezing or seizing the assets of Russian oligarchs and others under sanctions, in response to Russia’s invasion of Ukraine. Open / Comment

2022-03-12 16:58:32 Whale moves $1.17 billion in BTC out of Coinbase as U.S. inflation soars

Did an institution just invest $1.17 billion in bitcoin (BTC)? It sure looks so judging by three crypto transactions moving massive amounts of BTC from a wallet held by Coinbase Pro, to an anonymous bitcoin wallet. The three transactions were detected by the popular crypto tracking service Whale Alert and announced in a series of tweets. Open / Comment

2022-03-12 15:28:01 The ETH 2.0 deposit contract has hit 10M ETH staked

According to our data, at least 66% of these funds were deposited by exchanges and staking services, rather than individual stakers. Open / Comment

2022-03-12 13:08:02 Is That You Satoshi? Over $20,000,000 in Bitcoin (BTC) Suddenly Moves After Lying Low Since 2010

Whale Alert finds that the address, which was last active in October 2010, recently moved 489 Bitcoin worth over $20 million at time of transfer.

Public speculation tends to spark after large dormant Bitcoin wallets come alive as people start to believe the possibility that they contain Satoshi coins, or BTC belonging to the pseudonymous founder of the flagship digital asset, Satoshi Nakamoto.Several months ago, blockchain researcher Sergio Lerner estimated that Satoshi mined about 1.1 million Bitcoin, which could be worth over a whopping $40 billion at BTC's current price. Open / Comment

2022-03-12 09:33:01 A $4 Billion Hedge Fund Is Shorting Tether's Stablecoin

Fir Tree Capital Management, a $4 billion hedge fund, is shorting Tether as the largest stablecoin in crypto faces down scrutiny from regulators. Open / Comment

2022-03-11 21:16:42 Thailand Set To Become Crypto Paradise After Relaxing Crypto Tax Burden For Investors

In what is now a string of pro-crypto policies, the Thai government has decided to approve certain tax relief measures for the trading of digital assets as well as tax exemptions for funding start-ups.

In the statement, it was noted that the transfer of cryptocurrencies and digital assets on government-approved exchanges would be exempted from VAT. This policy would also apply to the country's CBDC. As disclosed by Mr. Arkhom Termpittayapaisith, Minister of Finance, and Mr. Santi Prompat, Deputy Minister of Finance, it was said that "This issue will allow Thai investors to trade digital assets on a reliable Thai exchange. Open / Comment

2022-03-11 18:33:01 Cryptocurrency Users Should Avoid Centralized Crypto Exchanges, According To Kraken’s CEO

Jesse Powell reacted to a video released on True North in which Chrystia Freeland stated that the authorities had frozen the crypto monies indicated by the RCMP, revealing that many more will follow suit.

The providers of financial services have been provided with the necessary regulations to implement.Jesse Powell reacted to a True North video in which Chrystia Freeland announced that the authorities have frozen the crypto money identified by the RCMP, implying that many more will follow suit. Open / Comment

2022-03-11 16:16:01 Stripe launches payments support for crypto businesses, partners with FTX

Global payments giant Stripe has announced that it now supports crypto businesses including exchanges, wallet providers, and NFT marketplaces, among others. Open / Comment

2022-03-11 14:31:59 Ethereum gas fees recently reached levels not seen since last summer Open / Comment

2022-03-11 14:03:03 Elrond Network Acquires Payments Firm Twispay, Wins E-Money License

Elrond Network, a layer 1 blockchain with scalability in mind, has acquired Romanian payments firm Twispay, and with it the approval to issue electronic money by the country’s central bank, the National Bank of Romania. Open / Comment