US Judge Demands $5.2M in Bitcoins from a Hacker
A US judge based in San Francisco is forcing a hacker to surrender his cryptocurrency and give up his sports car after accusing him of stealing funds from tech companies in Silicon Valley.
A US judge based in San Francisco is forcing a hacker to surrender his cryptocurrency and give up his sports car after accusing him of stealing funds from tech companies in Silicon Valley.
Block Research has reported that August saw a 6% decrease in trading of both Bitcoin and Ether.
Jay Clayton, the former chairman of the US Securities and Exchange Commission (SEC), has predicted that a spot Bitcoin exchange-traded fund (ETF) will eventually be approved in the United States.
Robinhood has expanded its non-custodial Web3 wallet’s support networks to Bitcoin and Dogecoin, which was driven by its clients’ desire to have more assets on more blockchains.
Only six months after launching its own crypto wallet, Robinhood has added “custody, send, and receive support” for Bitcoin and Dogecoin, as well as enabling Ethereum swaps.
Analysts James Seyffarth and Eric Balchunas of Bloomberg now estimate the likelihood of a spot Bitcoin ETF launching before the end of 2023 to be 75%, after Grayscale’s legal victory over the SEC.
Bloomberg Senior Analyst Mike McGlone has compared Bitcoin metrics to the stock market and concluded that even if BTC dropped to $10,000, it would still keep its remarkable performance.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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