Silk RoadTwo unconfirmed transactions show that 9,800 Bitcoin linked to dark web marketplace Silk Road was transferred on Wednesday. 506 BTC was sent to a change address and 0.01 BTC was moved to the wallet 361yog in the first transaction, per reports. In the second transaction, the move transferred 8,200 BTC to the same 361yog wallet and 1,118 BTC to a separate change wallet. The transactions were discovered shortly after the U.S. CPI data was released but it remains unclear if […]

Binance AustraliaSummary: Australia’s securities regulator searched the office premises of Binance Australia as part of an ongoing investigation, Bloomberg reported. This comes after the platform’s derivatives license was revoked in April after a mass liquidation incident that affected local users. Binance announced plans to sunset operations in Australia amid a “targeted review” of its business and regulatory scrutiny on multiple frontiers. The local office of Binance Australia was probed by the Australian Securities and Investments Commission (ASIC) as part of the […]

Crypto operatorsSummary: Crypto exchange operators in South Africa have until November 30 this year to apply for a license. This forms part of a plan by the country’s Financial Sector Conduct Authority designed to standardize the local industry and mitigate crypto-asset risks. The FSCA already received 20 applications since the policy was announced and promised enforcement action against operators without a license after the November deadline. South Africa’s top watchdog is introducing a licensing regime that requires crypto operators and digital […]

AzukiSummary: A newly formed DAO in the Azuki community voted to hire a lawyer after last week’s Elementals launch. The DAO comprised of 74 members wants to recover 20,000 ETH from pseudonymous founder Zagabond and the blue-chip NFT project. Azuki’s community voiced heavy backlash against the Elementals NFTs with members saying they look strikingly similar to the original collection. A newly formed DAO in the Azuki community – a popular Japanese manga-themed project –voted to hire a lawyer for the […]

BinanceSummary: Germany’s top watchdog BaFin turned down an application for a custody license from Binance, FinanceFWD reported. Paysafe also announced its decision to end support for Euro transactions by September this year. This comes as the exchange suffers blow after blow in European markets including being de-banked in Australia and pulling its registration application in the UK. The company is also facing stiff regulatory action in the U.S. following lawsuits from the SEC alleging securities violations. Binance continues to face […]

MicroStrategySummary: MicroStrategy added to its massive Bitcoin coffers with a $347 million purchase. The company bought an additional 12,333 BTC at an average price of $28,136 per coin, Founder and Chairman Michael Saylor shared. MicroStrategy now owns 152,333 Bitcoins worth approximately $4.6 billion, further solidifying the company as the largest corporate holder of BTC. MicroStrategy added to its BTC holdings after spending $347 million in cash buying 12,333 Bitcoins between April 29 and June 27, a filing with the U.S […]