The cryptocurrency world recently buzzed with a significant announcement. US Treasury Secretary Scott Bessent has revealed a staggering valuation of the government’s Bitcoin holdings. This news offers crucial insights into official stances on digital assets. Indeed, the estimated worth stands between $15 billion and $20 billion. This revelation comes from a statement reported by Walter […]
Imagine a single entity holding a staggering $21 billion worth of digital currency. That entity is the U.S. government. Recent reports highlight the immense scale of US government crypto holdings, primarily accumulated through law enforcement actions against criminal enterprises. The Scale of US Government Crypto Holdings According to data analyzed by blockchain intelligence firm Chainalysis […]
In a significant on-chain movement, the U.S. government has reportedly transferred a substantial amount of Ethereum (ETH) linked to the Sae-Heng case. Data from Arkham Intelligence, a blockchain analytics platform, reveals that a wallet identified as belonging to the U.S. government moved 884.33 ETH, valued at approximately $1.77 million, to an external address. This development […]
In a potentially revolutionary move, Russia’s Civic Chamber has put forward an intriguing proposal that could significantly alter how seized cryptocurrencies are managed and utilized. Imagine a dedicated fund, specifically designed to house digital assets confiscated from criminal activities. Sounds like something from a futuristic financial thriller, right? But this is real, and it’s happening […]
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