FOIA reveals US Marshals sitting on at least $1.6B in BTC
A freedom of information request filed by The Rage reporter L0la L33tz revealed that the US Marshals Service holds $1.6B in BTC. Source
Coinbase
Coinbase
Did Adam Back betray Bitcoin for a Wall Street payout?
Adam Back seems less concerned with bitcoin’s role in displacing traditional banking as he gets rich alongside Wall Street bankers. Source link
Coinbase
No, the US government hasn’t sold 179,000 bitcoin
Confusion over seized and forfeited assets led pro-crypto Senator Cynthia Lummis to panic about the US selling off 179,000 BTC. Source link
Coinbase
Wormhole almost killed Solana DeFi — now works with Blackrock, Hamilton Lane
Wormhole, the blockchain bridge that suffered a series of losses in 2022, is earning partnerships with the world’s biggest asset managers. Source link
Coinbase
Tornado Cash still laundering funds as founder Roman Storm stands trial
Roughly $10M worth of ETH stolen from Infini was sent to Tornado Cash today, while over 1,700 ETH was swapped for roughly 5.9M
Coinbase
IMF claims El Salvador isn’t buying Bitcoin despite Bukele’s boasts
The IMF gave El Salvador another $118 million as part of its deal to wind down the state-issued Chivo bitcoin wallet by July
Coinbase
The global web tied to MicroStrategy’s $71B bitcoin stash
Securities, funds, and derivaties tied to MicroStrategy (MSTR) and its bitcoin are almost too numerous to count. Source link
Most new BTC treasury stocks down at least 50% this year
According to Bitbo, more than half of all new public BTC treasury companies are trading at least 50% below their year-to-date high. Source
Coinbase
Bitcoin torture suspects granted bail in Manhattan court
John Woeltz and William Duplessie allegedly kidnapped an anonymous BTC trader in New York and threatened to set him on fire. Source link
Coinbase
PUMP lost $700M in market cap as Alon Cohen shut down airdrop rumor
Pump Fun’s PUMP token fell 14% on Wednesday at the same time as the company’s CEO Alon Cohen was being interviewed by Threadguy.