US Transfers $2 Billion in Silk Road Bitcoin, Bitcoin ETF Trading Volumes Tripled in March, Tether Increases Bitcoin Holdings

US Transfers $2 Billion Worth of Silk Road-Seized Bitcoin In a significant move related to the infamous Silk Road marketplace, roughly $2 billion in Bitcoin, previously seized by United States authorities, has been transferred to a new wallet address. This development involves cryptocurrency that was connected to James Zhong, who in 2022 was convicted of […]

KuCoin Accused of $9 Billion Money Laundering Scheme, Spot Bitcoin ETFs Get Renewed Interest, Decade-Old Bitcoin Wallet Active

KuCoin Accused of $9 Billion Money Laundering Scheme and Violating U.S. Financial Laws The Department of Justice (DOJ) has charged cryptocurrency exchange KuCoin and its founders, Chun Gan and Ke Tang, with violating anti-money laundering (AML) laws, including operating an unlicensed money-transmitting business and breaching the Bank Secrecy Act. The indictment highlights KuCoin’s failure to […]

Bitcoin price dips hard, Future of Ether ETFs in Doubt, Trezor X account hacked

Bitcoin price dips 17,5% The Bitcoin (BTC) price experienced a dip of 17.5% from its all-time highs, with recent losses bottoming at $60,760. This downturn coincides with notable outflows from U.S. spot Bitcoin ETFs and anticipation around the Federal Reserve’s interest rate decision. Market observers are closely watching for any changes in rates or guidance […]