Dormant 2011 Bitcoin Wallet Awakens, Transferring 100 BTC Worth $8.5M
On Sunday, a wallet that had lain inactive for nearly 14 years sprang to life, executing a transaction of 100 BTC—a haul from 2011 now valued at $8.5 million. 14-Year-Dormant Bitcoin Migrates to Modern P2SH Addresses At block height 889,103, a long-dormant Pay-to-Public-Key-Hash (P2PKH) wallet sprang into action, migrating 100 BTC—now valued at $8.5 million—to […] Powered by...
Director Uses Takedowns to Remove Pirate Bay Docu “TPB-AFK” from YouTube
Released in 2013, The Pirate Bay documentary TPB-AFK offers insight into a pivotal moment in Internet history. Created by Simon Klose, the film follows three Pirate Bay founders during their trial in Sweden. True to the nature of the site, it was made widely available online for free. People could still buy copies or support the film directly, but those who didn’t want to spend a dime could grab a copy though torrent sites, including...
UAE Leads World in Crypto Obsession, Study Finds
A study by Atmos ranks the UAE as the world’s most crypto-obsessed country due mostly to its high crypto ownership and adoption rates. UAE Has Highest Crypto Ownership Rate Globally According to a study by Atmos, the United Arab Emirates (UAE) is the world’s most crypto-obsessed country, with a score of 98.4. The Middle Eastern […] Powered by...
$23 Million Seized as Crypto Market Maker Collapses With Guilty Plea
A crypto market maker admitted to years of fake trading, using custom software to inflate token prices and volumes in a massive scheme to mislead investors. Wash Trading Empire Crushed: DOJ Exposes Years-Long Crypto Volume Scam The U.S. Department of Justice (DOJ) announced on March 21 that Gotbit Consulting LLC and its founder Aleksei Andriunin […] Powered by...
Tether Ranks Seventh Among Top US Treasuries Buyers in 2024
Tether, the largest stablecoin company in the cryptocurrency space, has become one of the largest buyers of U.S. treasuries as a way of backing the value of the over 140 billion USDT issued. According to data posted by Tether CEO Paolo Ardoino, the company purchased over $33 billion in treasuries in 2024, only falling behind […] Powered by...
