The City of London Police has opened a civil asset recovery program in partnership with legal firm Gowling WLG, following a successful pilot in which assets were recovered on behalf of an elderly victim of a £2 million cryptocurrency fraud. The partnership will be focused on coordinating retrieval efforts between police and other stakeholders, including victims and their legal representatives.…
Month: April 2025
Smart money still hunting for memecoins despite end of ‘supercycle’
The most successful cryptocurrency traders are still chasing quick profits in memecoins, despite signs that the broader “supercycle” for the speculative assets may be winding down. The shift follows recent disappointment tied to memecoin launches associated with US President Donald Trump. The industry’s most successful cryptocurrency traders by returns — tracked as “smart money” traders on Nansen’s blockchain intelligence platform…
Germany Considers Repatriating Billions in Gold From US Amid Tariff Tensions
Germany is weighing the potential withdrawal of approximately 1,200 tons of gold, valued at over €113 billion ($124.41B), from the U.S. Federal Reserve in New York amid escalating trade tensions triggered by Trump’s tariffs on the European Union, according to recent reports and political statements. Trade Strains Prompt Germany to Reevaluate 1,200-Ton Gold Stash in […] Source: https://news.bitcoin.com/germany-considers-repatriating-billions-in-gold-from-us-amid-tariff-tensions/
Happy Birthday, Satoshi Nakamoto: Bitcoin Creator’s Symbolic Birth Date Hits 50
Today marks what crypto enthusiasts celebrate as Satoshi Nakamoto’s 50th birthday, according to the birth date the mysterious Bitcoin creator registered on his profile for the P2P Foundation—a nonprofit organization dedicated to researching and advocating for the adoption of P2P solutions. Based on his profile, Satoshi was born on April 5, 1975. That is, of course, as unverified as most…
Bitcoin holds firm as stocks lose $5T in record Trump tariff sell-off
Bitcoin is gaining renewed attention as a hedge against financial instability after holding relatively steady during a record-breaking stock market downturn that saw $5 trillion wiped from the S&P 500. The S&P 500 posted a $5 trillion loss in market capitalization over two days, its largest drop on record, surpassing the $3.3 trillion decline in March 2020 during the initial…
New ‘MemeStrategy’ Bitcoin firm by 9GAG, jailed CEO’s $3.5M bonus: Asia Express
9GAG’s meme mogul goes Bitcoin The creator of meme culture pioneer 9GAG is diving headfirst into Bitcoin and blockchain, acquiring a publicly listed Hong Kong company with plans to turn it into a crypto and AI venture. 9GAG CEO likens crypto downturn to the dot-com crash. (Ray Chan, screenshot edited for space) Ray Chan, co-founder of 9GAG, has acquired a…
Satoshi Nakamoto turns 50 as Bitcoin becomes US reserve asset
Satoshi Nakamoto, the pseudonymous creator of Bitcoin, marks their 50th birthday amid a year of rising institutional and geopolitical adoption of the world’s first cryptocurrency. The identity of Nakamoto remains one of the biggest mysteries in crypto, with speculation ranging from cryptographers like Adam Back and Nick Szabo to broader theories involving government intelligence agencies. While Nakamoto’s identity remains anonymous,…
Satoshi Nakamoto turns 50 as Bitcoin becomes US reserve asset
Satoshi Nakamoto, the pseudonymous creator of Bitcoin, marks their 50th birthday amid a year of rising institutional and geopolitical adoption of the world’s first cryptocurrency. The identity of Nakamoto remains one of the biggest mysteries in crypto, with speculation ranging from cryptographers like Adam Back and Nick Szabo to broader theories involving government intelligence agencies. While Nakamoto’s identity remains anonymous,…
Cointelegraph Bitcoin & Ethereum Blockchain News
What is BlackRock’s BUIDL fund? BlackRock USD Institutional Digital Fund, BUIDL, is BlackRock’s first tokenized money market fund. It enables these traditional financial products to be traded as cryptographic tokens on blockchains. A money market fund is a mutual fund that invests in high liquidity, short-term debt instruments. These funds aim to provide investors with a place to park money…
Pectra Upgrade Offers Hope Amid Ethereum’s 2025 Struggles, Expert Says
Ethereum has underperformed compared to bitcoin and the broader cryptocurrency market, and this divergence in performance has led to frustration among ether holders and fans. An expert attributes ether’s recent price decline to the network’s focus on foundational development rather than hype-driven narratives. Ethereum Prioritizes Foundational Development Over Hype Ethereum’s ( ETH) performance since the […] Source: https://news.bitcoin.com/pectra-upgrade-offers-hope-amid-ethereums-2025-struggles-expert-says/