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Venezuela Arrests Suspects in $2 Million Bitcoin Heist

Venezuela Arrests Suspects in $2 Million Bitcoin Heist As if US sanctions, economic volatility, and an at-times hostile government weren’t enough, Venezuelan traders also have to deal with hackers. The Venezuelan Scientific, Criminal, and Criminalistic Investigations Corps (CICPC), the equivalent of the Federal Bureau of Investigation in the US, recently announced the arrest of two

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Active Bitcoin Addresses Neared Record Highs in November

Active Bitcoin Addresses Neared Record Highs in November Roughly 19.6 million Bitcoin addresses either sent or received BTC during the month of November. According to blockchain data provider Glassnode, that’s the third-highest number ever for a single month, following January 2018 (19.67 million) and December 2017 (21.64 million). Active Bitcoin addresses are nearing a new

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Russia’s Largest State-Owned Bank to Launch Crypto ‘Experiment’ With JP Morgan

Russia’s Largest State-Owned Bank to Launch Crypto ‘Experiment’ With JP Morgan In brief Russia’s largest state-owned bank is considering launching its own digital coin. Sberbank is also considering launching a digital asset trading platform. It’ll start work next year. Sberbank, Russia’s largest state-owned bank, may soon launch a digital asset trading platform and its own

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The Libra Association Rebrands Itself to ‘Diem’

The Libra Association Rebrands Itself to ‘Diem’ In brief The Libra Association has changed its name to “Diem.” Ahead of the stablecoin’s early 2021 launch, the organization also added several new experts to its staff. Currently, “the Association is in active and productive dialogue with FINMA.” The Libra Association, a member organization of Facebook’s Libra

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Coinbase Enabled MicroStrategy’s Massive $425 Million Bitcoin Buy

Coinbase Enabled MicroStrategy’s Massive $425 Million Bitcoin Buy In brief Coinbase facilitated MicroStrategy’s $425 million investment in Bitcoin. Before today’s announcement, it was not known which custodian MicroStrategy used to purchase Bitcoin. Coinbase has also made it clear it is ready to help other companies diversify into crypto. Coinbase facilitated MicroStrategy’s $425 Bitcoin investment this