btc news

The US government seized 3,940 Bitcoin (worth $240 million) from a Silk Road vendor after a trial in January 2024. The wallet tagged to the US government just moved all the Bitcoin to a Coinbase account, sparking fears of a major sell-off.…

A letter from Consensys states that the SEC’s approval of spot Ether exchange-traded funds indicated that it had “updated its position to classify ETH as a commodity and not a security,” but not everyone agrees.

Bruno Vaccotti, Head of Public Affairs of Penguin, a bitcoin mining company, has referred to the existence of what he called “vulture contracts,” and its effects on developing mining operations in Paraguay. Vaccotti stated that…