Terraform wallet moves $62M BTC as Do Kwon remains in legal limbo
Awaiting extradition to either the US or South Korea, Do Kwon could have had access to the Terraform Labs wallet containing more than 1,075 Bitcoin. Go to Source
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Plastic Surgery Fails to Help Crypto Scammer Evade Arrest After 10 Months
South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12 million). Operating from November 2021 to June 2022, he promised an 18% monthly return on investments in a fake cryptocurrency mining business. The scam resulted in individual losses ranging from 1.2 million … Read more
Anthropic CEO says future of AI is a hive-mind with a corporate structure
Even artificial workers can’t escape the bureaucracy. Go to Source
WazirX announces INR withdrawals will resume on Aug. 26
The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues. Go to Source
Anchored Coins warns of potential issues for AEUR amid FlowBank collapse
The stablecoin issuer said there was a risk of a “respective loss for the holders of AEUR tokens” due to FlowBank’s bankruptcy in June. Go to Source
Morgan Stanley discloses $188M in BlackRock Bitcoin ETF holdings
The investment firm disclosed to the SEC that it held more than 5.5 million shares of the iShares Bitcoin Trust in the second quarter of 2024. Go to Source
Ex-Bitfarms interim CEO steps down amid board shakeup
Bitfarms announced a new member and leadership to its board as Riot Platforms’ still appeared poised to replace three members in October. Go to Source
Swan Bitcoin cancels conference amid staff reduction, mining shutdown
According to Swan Bitcoin CEO Cory Klippsten, “it just doesn’t feel like the right time for a festival” after the firm announced staff cuts in July. Go to Source
Futurama can’t stop making fun of crypto and blockchain
The season two premiere of the animated science fiction series’ latest iteration focused on an NFT heist from a museum displaying digital artwork. Go to Source
Bitcoin Beach co-founder claims Bitcoiners want to move families to El Salvador
The Bitcoin-friendly area of El Salvador has attracted many visitors using crypto, but are people considering moving themselves and their children abroad? Go to Source