U.K. Government Takes Action Against Crypto and Forex Scams
admin• The Bureau of Investigative Journalism (TBIJ) has identified 168 companies accused of running crypto or fraudulent foreign exchange trading scams in the U.K. • Victims of the scams have…
Bitcoin Acts as Liquidity Indicator for Central Bank Balance Sheets
• Bitcoin is acting as a liquidity indicator for central bank balance sheets, as central banks are trying to reign in inflation by decreasing their balance sheets and increasing interest…
U.S. Government Buying Bitcoin to Pay Ransomware Attackers?
• Fox News host Tucker Carlson speculated that the recent bullish market moves of Bitcoin were due to the U.S. government buying Bitcoin to pay ransomware attackers. • On Jan.…
Silvergate Bank Receives $4.3 Billion Bailout After FTX Collapse
• Silvergate Bank received a $4.3 billion bailout from the Federal Home Loan Bank after the collapse of crypto exchange FTX. • The bank’s deposits had spiked following withdrawals from…
Crypto Investors Prefer Self-Custody Over Exchanges: $120M in BTC Withdrawn
• Around $120 million worth of Bitcoin (BTC) was withdrawn from crypto exchanges on Jan. 10. • Roughly $50 million of the withdrawals came from Binance, while $30 million was…