U.S. Department of the Treasury’s Under Secretary Brian E. Nelson has confirmed that terrorists’ use of crypto remains a small fraction of more established mechanisms to move money. He also admitted that “digital assets were not even a popular tool for Hamas or the Palestinian Islamic Jihad” and “Hamas is using crypto in relatively small […] Source: https://news.bitcoin.com/treasury-official-confirms-crypto-isnt-a-popular-tool-for-terrorists-says-they-prefer-traditional-products/
Month: February 2024
Blackrock’s Bitcoin ETF Holdings Near 110K BTC
Blackrock has amassed nearly 110,000 bitcoins for its spot bitcoin exchange-traded fund (ETF), Ishares Bitcoin Trust (IBIT), since its launch about a month ago. The world’s largest asset manager’s bitcoin ETF has a total net inflow of nearly $5 billion, leading the pack among all spot bitcoin ETFs. Blackrock CEO Larry Fink has stated that […] Source: https://news.bitcoin.com/blackrocks-bitcoin-etf-holdings-near-110k-btc/
Solana’s GameStop Meme Coin Plummets 70%—But GME Isn’t Dead Yet
After skyrocketing last week, Solana’s unofficial GameStop meme coin has, perhaps unsurprisingly, since plummeted—shedding more than 70% of its value since early last week. But meme coins are historically volatile and this one is no exception, mounting a surprise comeback over the last hours. At writing, the coin is trading at just under $0.004, according to CoinGecko. But even with…
Cathie Wood’s ARK Sells More Coinbase Stock as COIN, Bitcoin Boom
ARK Invest, Bitcoin bull Cathie Wood’s asset management firm, sold Coinbase stock again—this time ahead of the crypto exchange’s impressive earnings report. In total, ARK Invest sold $34.3 million in shares of the crypto exchange from three of its funds—ARK Innovation ETF (ARKK); ARK Fintech Innovation ETF (ARKF); and ARK Next Generation Internet ETF (ARKW), a Thursday filing showed. It…
VanEck Cuts Bitcoin ETF Fees as Competition Among Issuers Intensifies
VanEck is lowering its sponsor fee for its spot Bitcoin ETF just over a month after the digital asset manager launched the product, the latest in a string of cuts taken by issuers in a highly competitive market. In a supplemental filing submitted to the Securities and Exchange Commission on February 15, VanEck said that it will be lowering its…
FinCEN Finds Increased Cryptocurrency Involvement in Human Trafficking
The Financial Crimes Enforcement Network (FinCEN) has released an analysis that reports an alleged increase in the use of cryptocurrency in human trafficking cases. According to FinCEN, reports of cryptocurrency linked to these purposes grew from 336 in 2020 to 1,975 in 2021, an increase of almost 500%. FinCEN Alerts of Crypto Usage Linked to […] Source: https://news.bitcoin.com/fincen-finds-increased-cryptocurrency-involvement-in-online-child-sexual-exploitation-and-human-trafficking/
Bitcoin, Ethereum Casino Shuffle Reveals SHFL Airdrop Plans
In a whitepaper update released Thursday, online crypto casino Shuffle outlined the project’s tokenomics and plans to distribute the Ethereum-based SHFL tokens in a series of airdrops beginning the first week of March. The first airdrop, Shuffle said, will go to users who have played in the online casino in the first 12 months since its launch. Second and third…
Coinbase Is So Back (in Profit): Stock Jumps 11% as Crypto Exchange Posts Bullish Returns
America’s biggest cryptocurrency exchange Coinbase reported a successful final quarter of 2023. The San Francisco-based company’s Q4 2023 results showed that the company reported a profit of $273.4 million, compared with a loss of $557 million the same quarter one year ago. In Q3 2023, the exchange had reported a loss of $674 million in revenue. Coinbase also makes money…
Pro-Crypto US Attorney Considers Challenging Elizabeth Warren in Massachusetts Senate Race
John Deaton, a U.S. lawyer known for his pro-crypto stance, is reportedly considering a run against Massachusetts Senator Elizabeth Warren. The Republicans are eager to nominate a formidable candidate against Warren. This strategy could compel her to concentrate on her political survival, potentially diverting her focus from supporting other Democrats. Pro-Crypto U.S. Lawyer to Decide […] Source: https://news.bitcoin.com/pro-crypto-us-attorney-considers-challenging-elizabeth-warren-in-massachusetts-senate-race/
Recommend-To-Earn: Tokenizing Travel Recommendations with Sam Simmons
Recommend-To-Earn: Tokenizing Travel Recommendations with Sam Simmons Reza is joined by Sam Simmons, founder of MintPass. They discuss: – The Parallels between Professional Poker and Crypto – The profitability of Ethics – The “Recommend-To-Earn” economy Source: https://decrypt.co/videos/interviews/LATf5OYs/recommend-to-earn-tokenizing-travel-recommendations-with-sam-simmons