Bitcoin News

• Netherlands-Based Coinbase Customers Required to Submit KYC Data When Transferring Crypto off the Platform
  Coinbase has announced that the company plans to introduce a number of changes for customers in the Netherlands in order to comply with the 1977 Sanctions Act, a law that recently applied know-your-customer (KYC) guidelines to non-custodial wallets. If the person living in the Netherlands wants to send crypto to a third-party wallet via Coinbase, […]
• Binance Launches New Platform for VIP and Institutional Crypto Investors
  Crypto exchange Binance has launched a new platform for VIP and institutional investors. The VIP program allows Binance users to “get rewarded with more discounts and VIP privileges” as their trading volume climbs up VIP tiers. ‘Binance Institutional’ Launched Global cryptocurrency exchange Binance announced Thursday the launch of “Binance Institutional,” a new platform for VIP […]
• British MP Calls for ‘Liberal’ Crypto Regulation — Says ‘No Country Can Stop This Revolution’
  British Parliament Member Matt Hancock has called for “liberal” cryptocurrency regulation, noting that no country can stop the crypto revolution. “I hate the patronizing idea of regulators telling people what they can and can’t do with their money,” the lawmaker stressed. British MP Wants ‘Liberal’ Crypto Regulation Matt Hancock, a Conservative member of parliament and […]
• Bank of Russia Accelerates Schedule for Digital Ruble Project
  The Central Bank of Russia continues to step up efforts to test and issue the digital ruble, with a roadmap for the full implementation of the new form of the national fiat now expected by the end of 2023. Trials with real transactions and users are scheduled to begin next April, earlier than originally planned. […]
• Hardware Worth $1.9 Million Stolen in Russia’s Crypto Mining Capital
  Russian law enforcement is looking into the alleged theft of mining hardware valued at around $1.9 million. The powerful computing equipment disappeared from a crypto mining hotel in Irkutsk, the owners of which have been accused of large scale fraud. 100 Russians Lose Mining Machines Worth 100 Million Rubles Police in the Russian Irkutsk Oblast […]
• Report: Goldman Sachs Looks to Buy Distressed Assets From Celsius, Crypto Lender Seeks Restructuring Advice
  After the crypto lending platform Celsius halted operations on June 12, at 10:10 p.m. (ET), two days later the Wall Street Journal (WSJ) quoted “people familiar with the matter” who said Celsius was hiring restructuring lawyers. At the time, the WSJ said Celsius was looking to hire the bankruptcy and restructuring law firm Akin Gump […]
• A String of 200 ‘Sleeping Bitcoins’ From 2010 Worth $4.27 Million Moved on Friday
  While the price of bitcoin is holding above the $21K per unit range, four bitcoin block rewards mined in 2010 were spent for the first time in over 11 years. The four block rewards were mined between September and October 2010 and the 200 bitcoin worth $4.27 million were transferred to an unknown wallet. 4 […]