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/ Bitcoin
$BTC my view right now.. YO of 2021 check! lets see how we move from here.. wouldnt be surprised if we push higher first but id pass here and instead focus on a good sell/short position. #information
2023-03-23
/ Bitcoin
$BTC im not rushing into this yet but 2023 could be a nice long year to accumulate.. 4 digits here we go! #Bitcoin #information
2022-11-11
/ Bitcoin
$BTC successfully found its bottom at the 2017 ATH and 2020 breakout at around $20k.. lets see how high we rally here in LTF before further down moves inc. Alerts @ ~$26.5k and ~$29k. #pretrade
2022-08-10
/ Police shut down dark web crypto laundering service linked to FTX hack
An international coalition of law enforcement agencies announced on Wednesday that it had taken down the popular dark web crypto laundering service ChipMixer, seizing more than $46 million in crypto and terabytes of server data. The service, for example, was used last year by the attacker who stole funds from the now failed crypto exchange FTX, as well as by several ransomware groups. “The platform and the criminal content have been seized,” ChipMixer’s website now reads. “The ChipMixer software blocked the blockchain trail of the funds, making it attractive for cybercriminals looking to launder illegal proceeds from criminal activities such as drug trafficking, weapons trafficking, ransomware attacks, and payment card fraud,” Europol wrote in a press release. “Deposited funds would be turned into ‘chips’ (small tokens with equivalent value), which were then mixed together – thereby anonymizing all trails to where the initial funds originated.”
More on TechCrunch• 2023-03-15
/ CEO of crypto media outlet The Block resigns after it's revealed he took tens of millions in loans from Sam Bankman-Fried
The Block is a cryptocurrency-focus media outlet that was originally founded in 2018 by Mike Dudas. In 2020, Michael McCaffrey became CEO of the company, and in 2021 he led a buyout to make the company employee-owned. Dudas says that at the time, he believed "McCaffrey's family was wealthy and loaned him money to buy out [his stake] and the VCs so the team could assume full independent ownership."
More on web3isgreat• 2022-12-10
/ FTX claims it was hacked as more than $600 million is withdrawn
Over $600 million was mysteriously withdrawn from FTX and FTX US late on November 11, despite the company freezing withdrawals. An FTX account administrator wrote on the FTX support Telegram, "FTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on FTX site as it might download Trojans". The message was pinned by FTX General Counsel Ryne Miller. Miller later wrote on Twitter, "Investigating abnormalities with wallet movements related to consolidation of ftx balances across exchanges - unclear facts as other movements not clear. Will share more info as soon as we have it."
More on web3isgreat• 2022-11-12
/ FTX files for bankruptcy, Sam Bankman-Fried resigns
Aaaand there it goes. FTX announced that it had filed for Chapter 11 bankruptcy in the United States. Sam Bankman-Fried resigned as CEO. SBF had spoken about trying to raise additional funds. In leaked Slack messages, he had allegedly written that "One could maybe say, if they wanted to be optimistic, that we have a lot theoretically in and/or potentially for the raise". No one was actually saying this.
More on web3isgreat• 2022-11-11
/ US Treasury Sanctioned Tornado Cash
The U.S. Treasury sanctioned Ethereum’s “best-known coin mixing service,” Tornado Cash (https://tornado.cash). On August 8, 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the Tornado Cash Ethereum mixing service. According to the Treasury’s announcement, purported criminals have laundered more than $7 billion worth of cryptocurrency through the service since 2019. The Lazarus Group allegedly laundered $455 million worth of cryptocurrency through Tornado Cash. The Treasury has used money laundering by the Lazarus Group as partial justification for sanctioning other cryptocurrency exchanges, including Blender.io.
More on Darknetlive• 2022-08-10
/ Two Charged for Operating a Cryptocurrency Exchange Business
A federal grand jury returned a 33-count superseding indictment charging two cryptocurrency exchange operators with money laundering and other financial crimes. In March 2021, a grand jury returned a 20-count indictment charging Ian Freeman, Colleen Fordham, Renee Spinella, Andrew Spinella, “Nobody” (formerly Richard Paul), and Aria DiMezzo with an assortment of financial crimes related to the operation of a “virtual currency exchange business in violation of federal anti-money laundering laws and regulations, including those requiring money transmitting businesses to meet registration and reporting requirements.”
More on Darknetlive• 2022-04-28
#Bitcoin
The next halving will happen at block: 840,000
This means that 57,672 blocks are left and it will approximately happen in..
316 days or
7,587 hours or
455,234 minutes!
What is it all about?
Halving is an anti-inflation mechanism implemented, in the Bitcoin network. As the name suggests a reduction in the supply of new coins is cut by half (50%).
This causes BTC inflation to fall cyclically.
It takes place whenever 210,000 blocks have been mined which is roughly around once every 4 years.
Current mining rewards are 6.25 bitcoins.
Bitcoin: A Peer-to-Peer Electronic Cash System