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German authorities are auctioning bitcoin seized from the darknet in cybercrime cases. The auction website reportedly experienced high traffic to bitcoin listings, with 4,000 new registered users over the past few days. German Government Auctioning Seized Bitcoin The Justice Ministry of North Rhine-Westphalia, Germany’s largest state by population, announced Monday an auction of bitcoin seized […]Powered by WPeMatico
The U.S. government has seized cryptocurrencies worth $1.2 billion so far this year, according to an Internal Revenue Service director. This is a significant increase from $137 million in crypto seized the previous year. $1.2 Billion in Cryptocurrencies Seized Jarod Koopman, director of cybercrime at the Internal Revenue Service (IRS), shared some information on cryptocurrencies […]Powered by WPeMatico
American venture capital investor Tim Draper still believes in a bitcoin price prediction he made in mid-April 2018, at the Draper University blockchain party. At the time, Draper said that he thinks bitcoin could reach $250K by 2022, and during an interview with CNBC’s Jade Scipioni this week, Draper reiterated his six-digit bitcoin price forecast. […]Powered by WPeMatico
The French government will auction 611 bitcoins that were seized from hackers next week. There will be two sales comprised of 478 lots altogether. Each lot consists of between 0.11 and 20 bitcoins. Paris-based auction house Kapandji Morhange will auction 611 bitcoins on March 17. The company says this is the first auction of seized […]Powered by WPeMatico
Finland’s customs officials have revealed plans to sell 1,981 bitcoins that were seized mainly in connection with drug trafficking-related criminal investigations. The majority of the confiscated bitcoins (1,666) are from the Douppikauppa case, the darknet operator who was arrested in 2016. To Sell or to Destroy the Coins According to a report by one Finnish […]
The post As BTC Continues to Soar Finland Wants to Cash in on Bitcoins Seized in 2016 appeared first on Bitcoin News.
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Irish auctioneer Wilsons Auctions is to sell off 315 bitcoins seized by the Belgian government in a drug trafficking case that involved the dark net. The 24-hour online auction will start at noon on Feb. 28. Also read: Bitgo Obtains $100M Insurance Policy to Cover Crypto Assets Wilsons to Auction $390k Worth of Drug-Related Crypto Wilsons […]
The post Irish Auctioneer to Sell off 315 BTC Seized by Belgian Police appeared first on Bitcoin News.
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The well-known venture capitalist and cryptocurrency investor Tim Draper has revealed his four-year prediction after holding back his statements in a few interviews some weeks ago. Now Draper, who correctly predicted bitcoin’s price would surpass $10,000 USD per coin by 2018, believes in just four years the price will be $250,000. Also read: Coinsecure Announces Repayment […]
The post On the Money Prognosticator Draper’s Bitcoin Price Prediction: $250,000 by 2022 appeared first on Bitcoin News.
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One of the most intriguing things about the cryptocurrency space is the diverse, eclectic, and often eccentric characters it attracts. Everyone from Wall Street brokers to cypherpunks and from industrialists to anarchists can be found staking their claim in the fledgling crypto economy and saying their piece. In a recent interview, venture capitalist Tim Draper […]
The post Tim Draper on Bitcoin: “Why Would I Sell the Future for the Past?” appeared first on Bitcoin News.
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The U.S. Marshals announced on January 11 that the agency has plans to have another online bitcoin auction on January 22. The six-hour auction will see the sale of 3,813 bitcoins ($50Mn USD) seized from various criminal cases. Also read: Miami Bitcoin Conference Stops Accepting Bitcoin Due to Fees and Congestion A Six-Hour Online Bitcoin Auction […]
The post US Marshals Plan to Auction $52M Worth of Seized Bitcoins appeared first on Bitcoin News.
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