Cryptocurrency News

The Swedish Tax Agency ordered six cryptocurrency mining entities to pay approximately $56.5 million in back taxes and penalties. Audit Uncovers Systemic Tax Evasion The Swedish Tax Agency (STA) has reportedly imposed approximately $56.5 million (540 million Swedish kronor) in back taxes and penalties on six cryptocurrency mining companies operating in Boden following an investigation…Read More

Chris, the pseudonym the British man gave to the media, managed to reclaim his bitcoin stash after a legal fight with Intersango, formerly known as Britcoin, an exchange that shut down operations in 2014. While it was under Intersango’s custody, his investment grew to 3.3 million pounds ($4.4 million). Man Recovers Multi-Million-Dollar BTC Fortune After…Read More

While bitcoin’s price has risen a great deal over the last month, and Wall Street, die-hard crypto proponents, and even AI chatbots are bullish, prediction market bettors are expecting BTC prices to stay volatile and rather boring throughout the rest of the year. Prediction Markets Still See a Shaky, Sideways Road Ahead Over the last…Read More

A bullish bitcoin setup is emerging as BTC separates from the S&P 500, according to Willy Woo, who compares the divergence with 2015. Another analyst disputes whether the chart shows a meaningful decoupling. Bitcoin-Stock Split Revives the 2015 Comparison Bitcoin market analyst Willy Woo argued Sept. 6 that BTC’s relationship with stocks had reached its…Read More

Ripple CEO Brad Garlinghouse said the Dutch central bank’s $11 billion gold relocation illustrates how slowly traditional finance moves value. The bank used physical transfers and market transactions to reposition 86 metric tons. Garlinghouse Contrasts Gold Logistics With Crypto Transfers Ripple CEO Brad Garlinghouse argued on Sept. 4 that a months-long gold operation by De…Read More

Bitcoin Magazine Liquid Gets 3,400 BTC Back After On-Chain Talks; White Hats Keep 598.5 BTC A self-described white-hat party returned 3,400 BTC to Liquid Network’s federation wallet on Monday after Blockstream said bridge nodes were patched. About 598.5 BTC, near $47 million, remains at the holder address. This post Liquid Gets 3,400 BTC Back After…Read More

Bitcoin Magazine Alleged White-Hat Hackers Withdraw 4,000 bitcoin from Blockstream’s Liquid Network Federation Reserves Liquid Network said purported white-hat hackers withdrew about 4,000 bitcoin from the federation wallet that backs L-BTC. Bridge nodes are disabled and the sidechain is paused. This post Alleged White-Hat Hackers Withdraw 4,000 bitcoin from Blockstream’s Liquid Network Federation Reserves first…Read More

Bitcoin Magazine Hargreaves Lansdown Reverses Course, Rolls Out Bitcoin Trading  British investment firm Hargreaves Lansdown last year said bitcoin was too volatile. This post Hargreaves Lansdown Reverses Course, Rolls Out Bitcoin Trading  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.Read More

Bitcoin Magazine Trezor Breach Worse Than Reported: Another 67,000 US Customers Exposed Trezor said that its third party shipping partner, ShipMonk, had not erased customer data. This post Trezor Breach Worse Than Reported: Another 67,000 US Customers Exposed first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.Read More

Bitcoin Magazine El Salvador Isn’t Buying Bitcoin With Public Money, Says IMF  El Salvador apparently received bitcoin from private donors rather than using government funds, according to the International Monetary Fund. This post El Salvador Isn’t Buying Bitcoin With Public Money, Says IMF  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.Read More