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Showing posts with the label china crypto news

WuBlockchain Weekly: MtGOX Executes Large-Scale Transfers, ETH ETF May Launch by End of June, Babylon Secures $70 Million Investment and Top10 News

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1. Mt. Gox Cold Wallet Begins Large-Scale Transfers link On May 28 at 9:41 UTC+8, Mt. Gox’s cold wallet initiated a transfer of Bitcoin, including 47.229k BTC to the new address 1HeHLv…vHoV68, 23.797k BTC to the new address 1zuWGg…FWGRH6, 47.229k BTC to the new address 16eAGJ…37P9gX, and 19.41k BTC to the new address 15VuDC…gSZnh4. Mt. Gox issued a statement clarifying that the rehabilitation trustee has not yet made direct repayments of BTC or BCH through designated cryptocurrency exchanges nor sold BTC and BCH to generate proceeds for repayments. Former Mt. Gox CEO Mark Karpelès also commented on X, stating, “The trustee is moving the tokens to another wallet in preparation for possible distributions this year, and there will be no immediate sale of Bitcoin.” 2. BlackRock Submits Revised S-1 Statement; Ethereum Spot ETF Expected to Launch by Late June link BlackRock has filed an amended S-1 registration statement, disclosing information about seed capital investors, paving the way fo...

Analysis: What changes have occurred in the L1 Infra track in recent months?

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Author: Laobai From ABCDE Edited:Wublockchain Recently in the primary market, the hottest track is undoubtedly AI, followed by BTC. About 80% of the projects discussed daily are focused on these two tracks, and at my busiest, I can discuss up to 5 or 6 AI projects in a day. It is foreseeable that the AI bubble will reach its peak in the next year or two. As hundreds of new AI projects are launched, the market value of the AI track will climb to its peak. When the bubble eventually bursts, it will be a mess, but it will also give birth to unicorns that truly find the convergence point of AI X Crypto, pushing this track and the entire industry forward. Therefore, in the current overheated AI environment, it’s worth taking a calm look at the changes that have occurred in the Infra level in recent months, especially in the public chain Infra track. There are some new developments worth mentioning. 1. ETH, or the further deconstruction of single-chain When Celestia first introduced the conc...

Cathie Wood Iinterview In HK: Bitcoin Price Prediction for 2030, HK Is a Leading Crypto Policy Pioneer

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Editor | Wublockchain Here is the full transcript of the Hong Kong Web3 Festival: Please welcome the head of HashKey Singapore and CEO of HashKey Capital, Mr. DC, and the CEO and CIO of ARK Invest, Ms. Cathie Wood, to share their insights. DC: Good morning, everyone! I feel a bit of pressure about today’s panel discussion, but I am also very excited. I’m from HashKey Capital, a frontline institutional investor in the Web3 industry, managing assets over 1 billion USD, with more than 500 projects invested in since we started in Singapore in 2015. Today, we have invited Cathie Wood, who has many years of experience in the investment field. I am very pleased she could join us. Before we delve deeper into the discussion, Cathie, would you like to say hello to everyone? Cathie Wood: I am delighted to participate in today’s panel discussion. I regret that I couldn’t be there in person, but I am honored to be invited to today’s conference. I was greatly inspired by the talks from many official...

WuBlockchain Weekly: US Authorities Arrest Co-Founder of Tornado Cash, HashKey to Open Retail Trading Next Monday and Top10 News

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1. US Government Arrests Co-Founder of Tornado Cash and Includes in Sanctions List link On August 23rd, the U.S. Department of the Treasury announced a new addition to the OFAC’s SDN sanctions list, which includes Roman Semenov, a co-founder of TornadoCash. The announcement indicates that he holds Russian nationality and was previously residing in Dubai. The announcement also reveals eight Ethereum addresses associated with him. The U.S. Department of Justice has filed charges against both Roman Semenov and the second co-founder of TornadoCash, Roman Storm. Today, Roman Storm was arrested by the Federal Bureau of Investigation (FBI) and the Internal Revenue Service (IRS). He is facing charges of conspiracy to commit money laundering, conspiracy to operate an unlicensed money transmitting business, and conspiracy to violate sanctions regulations. 2. China’s Court Website Releases Qualification of “Illegal Acquisition of Virtual Currency” link On August 24th, the China Court Network r...