Europol shuts crypo tumbler ChipMixer, seize $46m in bitcoin Crypto tumbler ChipMixer is the target of law enforcement as American and European federal authorities took action to seize assets and dismantle the platform, according to announcement from the European Union Agency for Law Enforcement Cooperation, or Europol. U.S. and German authorities took down the ChipMixer infrastructure for its alleged…

Wallets associated with U.S. government transfer 40,000 BTC Wallets associated with the government of the United States transferred around 40,000 bitcoin, a majority of which are internal transfers. Among the total amount of Bitcoin transferred, which is worth more than $2 billion, a definite quantity of coins was moved to the leading crypto exchange Coinbase. Notably, the leading…

Mt. Gox creditors may finally start seeing their bitcoins this month Mt. Gox creditors may start seeing their first bitcoin payments this month as the window for repayments is set to open. Creditors are expected to receive early repayments from March 10 onward, while the deadline for such payments to be completed is September 30, according to a January statement. …

Bitcoin Core maintainer Marco Falke announces to step down Bitcoin Core maintainer Marco Falke has announced he will step down from the role. The prolific Bitcoin developer took to Twitter on Tuesday, saying: “In a challenging decision, I concluded to transition out of my role as maintainer. I remain passionate about open source and Bitcoin and I am positive…

Bitcoin NFT protocol Ordinals surpasses 100,000 inscriptions Just five days after reaching 50,000 inscriptions, Bitcoiners using the Ordinals protocol have now inscribed more than 100,000 pieces of data onto the Bitcoin blockchain. Since the project’s launch in January 2023, a seemingly endless stream of pictures, audio files and PDFs have been uploaded. Inscriptions through the Ordinals protocol…

DCG offloads Grayscale shares to raise capital: Report Cryptocurrency conglomerate Digital Currency Group (DCG) has reportedly begun to sell its holdings in crypto funds managed by its subsidiary Grayscale Investments as it looks to raise capital and preserve liquidity. According to a Feb. 7 Financial Times report citing seen United States securities filings, DCG sold around a quarter…

Lebanon devalues its currency by 90% Lebanon is adopting a new official exchange rate, devaluing its local currency by nearly 90%. The new rate is set at 15,000 Lebanese pounds against the U.S. dollar, according to a January 31 report, which cited a statement from the country’s central bank governor, Riad Salameh. This marks a significant…

Blockstream secures $125 million in funding for bitcoin mining operations Digital asset infrastructure firm Blockstream has secured $125 million in funding aimed at expanding its bitcoin mining facilities. Blockstream has received the funding in convertible note and secured loan financing, the company announced in a Tuesday press release, adding that it plans to use the money to expand its mining…

El Salvador paves way for first sovereign Bitcoin Bond In 2021, the Republic of El Salvador announced that it would raise $1 billion through bitcoin bonds, also referred to as the Volcano Bonds, because of the use of renewable energy, including that generated from the country’s active volcanoes, to fund bitcoin mining. The seemingly distant dream could soon be…