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Tag Archives: News

Bitcoin Holder Forced to Transfer Their Assets Before Being Killed

Four men in Ukraine were arrested for murdering a 29-year-old foreign national after stealing their bitcoin on midnight, July 29. The Ukrainian Police stated that the men, ranging in age between 24 and 29, walked away with around 2.55 bitcoin worth 7 million Ukrainian hryvnias, around $170,000, after launching their assault. A translated version of the statement about the arrests read, “Four men aged 24 to 29 carefully prepared a plan to kidnap the victim. Having seized the latter’s money,...

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Mt. Gox Has Returned Over 40% of the Bitcoin It Owes. Selling Activity Is Yet to Rise

Mt. Gox has refunded about 41.5% of the bitcoin it owed to creditors who lost their funds. However, selling activity in the market remains minimal. That has taken the entire community by surprise. With the repayments occurring over a year after the defunct exchange shut its doors for good, creditors were expected to sell their assets once they received them. BTC has since seen an 8,500% increase in its price. A Glassnode report showed how creditors are holding the funds reimbursed by Mt....

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ETH ETFs Overcome Four-Day Outflow Streak as BTC ETFs Record Outflows

US ETH ETFs finally broke their streak of four-day losses, recording inflows on Tuesday. They brought in collective net inflows of $33.67 million, marking only the second day of net inflows since launch. The first time was the day they debuted. BlackRock’s ETHA drew $117.98 million, Fidelity’s FETH $16.36 million, Franklin Templeton’s EZET $3.73 million, and Bitwise’s ETHW $3.52 million. Grayscale’s Mini Ethereum Trust (ETH) saw $12.36 million flowing in, while its Ethereum Trust (ETHE)...

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