bitcoin sale

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German Authorities Announce Bitcoin Sale Completion, Net €2.6 Billion

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German authorities have announced the completion of an emergency sale of nearly 50,000 bitcoins, raising about 2.6 billion euros. They explained that this sale was mandated to avoid a potential value decline due to the crypto’s price volatility. The funds are now secured for criminal proceedings at the Leipzig Regional Court. 2.64 Billion Euros Raised … Read more

US Government Plans to Sell Over 41,000 Bitcoins Confiscated from Silk Road Hacker

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According to a court document filed on March 31, 2023, regarding the sentencing of James Zhong, who stole over 50,000 bitcoin from the Silk Road marketplace, the U.S. government plans to liquidate 41,490 bitcoin “over the course of this calendar year.” U.S. Government Discloses Strategy for Selling Confiscated Bitcoin The U.S. government, one of the … Read more

Public Sale Is Live for Coin Powering Cypherpunk Pioneer David Chaum’s Privacy Focused Xx Network

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The Xx network is designed to allow people to communicate and exchange value without revealing any information to intrusive government agencies or companies that collect and sell personal data. It was created by Dr. David Chaum, a world-renowned cryptographer and privacy advocate. The public sale of the Xx coin that powers the network is now … Read more

Alleged Fraudster Arrested in China Over $15M Mining Hardware Con

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When making investment decisions it is always important to remember the old saying, “If something looks too good to be true, it probably is.” This is especially true if anyone promises you a bitcoin mining rig, which people wait for months in advance, at just a third of the retail price. Also Read: Silicon Valley … Read more