Month: July 2024

Tren de Aragua (Aragua’s Train), a criminal gang with Venezuelan origins, has been sanctioned by OFAC as a transnational organization engaging in kidnapping, human trafficking, extortion, and other illegal behavior. The U.S. Department of the Treasury also stated that the organization had used cryptocurrency to launder the proceedings of their activities to some extent. OFAC […] Source: https://news.bitcoin.com/venezuelan-crime-organization-tren-de-aragua-gets-sanctioned-by-ofac-on-crypto-money-laundering-allegations/

We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports United States President Joe Biden’s prospects of running for a second presidential term are dimming, according to bettors on the crypto-based prediction market Polymarket, as speculation…

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President Nayib Bukele has announced a new measure in his battle against speculation and price gouging in El Salvador, eliminating import duties for certain basic foods and supplies for a decade. While some of these products did not pay duties due to a previously approved bill, critics argue that this will exacerbate reliance on imports, […] Source: https://news.bitcoin.com/president-bukele-eliminates-basic-food-products-import-duties-for-a-decade-in-el-salvador/

Pixelverse, a crypto gaming franchise that has rapidly gained recent prominence in part due to the success of its PixelTap game on Telegram, launched its PIXFI token on The Open Network (TON) on Thursday—and revealed plans for rewarding players with an airdrop. PIXFI is currently trading at a price of around $0.024, as of this writing, though price trackers vary…

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Haruko, a prominent player in the cryptocurrency and blockchain industry, has successfully raised $6 million in a new funding round to support its ambitious growth plans in Asia. This significant investment will enable Haruko to expand its operations and capitalize on the rapidly growing interest in digital assets across the region. Haruko’s Expansion Strategy The funding round, led by prominent…

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Germany’s recent decision to liquidate $28 billion worth of Bitcoin has raised eyebrows in the crypto community and sparked debates over the legal and economic implications of such a massive market intervention. This article delves into the details of Germany’s move, the legal justifications, and its impact on the Bitcoin market. The Bitcoin Liquidation Move On July 18, Germany announced…

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In a groundbreaking move within the cryptocurrency space, Kraken, one of the largest crypto exchanges, has paid Dave Portnoy in Bitcoin for a sponsorship deal. This development highlights the growing acceptance and use of cryptocurrencies in mainstream media and business. Kraken’s Innovative Sponsorship Deal Kraken’s decision to pay Dave Portnoy, the founder of Barstool Sports, in Bitcoin marks a significant…

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