Brazilian authorities seize $ 33 million money laundering investigation related to cryptocurrency exchanges – Bitcoin News

Brazilian authorities seized $ 33 million in connection with a money laundering investigation involving cryptocurrency exchanges. The operation, which the Brazilian police referred to as the “Exchange Transaction”, involved six search warrants in different parts of the country. These searches were aimed at finding mailbox companies that were using cryptocurrency exchanges for alleged money laundering …

Huge Bitcoin outflows at Binance, BTC will soon crack $ 40,000?

The on-chain analysis shows huge Bitcoin outflows from the Binance crypto exchange. BTC could continue the rally and crack $ 40,000. Huge Bitcoin outflows at Binance As can be seen from a CryptoQuant post, the crypto exchange observed enormous BTC outflows on Monday. The Binance Outflows indicator shows the amount of Bitcoin that has been …

Conflicting reports on the whereabouts of directors emerge – regulation Bitcoin News

In a new twist to the Africrypt saga, two separate reports have made conflicting claims about the whereabouts of Raees and Ameer Cajee, the two directors of the collapsed Bitcoin investment firm. However, both reports suggest that the Cajees brothers planned their escape from the alleged hacker incident in April. Vanuatu or Tanzania In his …

Institutions continue to reduce their BTC exposure despite price recovery

Investments in institutional Bitcoin products continued to decline over the past week. In his July 26th Digital asset capital flows reported, CoinShares notes that institutional crypto products have seen outflows for the third straight week, with $ 28 million exiting the sector in the week ending July 23rd. The results showed that Bitcoin-based funds saw …

Market strategist says Bitcoin’s best days are ahead and won’t see any restrictive Fed policies any time soon – Markets and Prices Bitcoin News

Investment management firm founder Michael Lee Strategy says that “Bitcoin’s best days are definitely ahead” and expects the cryptocurrency to hit “new all-time highs”. The strategist goes on to say that it will be a long time “before we see any kind of throttling or restrictive policy from the Fed” or other central banks around …

Tesla reports record earnings of $ 1 billion for the second quarter despite a $ 23 million impairment loss on BTC

Electric vehicle and clean energy company Tesla reported net income of $ 1.14 billion for the second quarter. The company’s earnings report on July 26 showed that total revenue was up 98% year over year for the second quarter, up from $ 6 billion in 2020 to $ 11.9 billion this year. Attributing much of …

Thorchain is trolled by hackers after two successful seven-digit exploits – News Bitcoin News

Thorchain, a popular defi protocol, has been compromised twice in the past two weeks, resulting in losses of over $ 10,000,000. The hacker responsible for the latest exploit left a message describing the measures that should be taken to protect users. Hacker returns to the scene for a lecture on security In another blow to …

Cardano (ADA) and Dogecoin (DOGE) are seeing the highest gains while the crypto market is rising Sur

Cardano (ADA) and Dogecoin (DOGE) have grown rapidly with the surge in the crypto market. The last 24 hours are still interesting for the crypto market, as prices have risen across the board after a bullish run-up. Top coins like Bitcoin and Ethereum have seen massive price gains so far. Total crypto market cap increased …

Bitcoin indicator forecast calls for USD 46,000, new all-time highs possible

Bitcoin price soared more than $ 5,000 in a flash in the past 48 to 72 hours, and the forecast just changed from cloudy with a chance of downward movement to much sunnier days for the bulls ahead. In fact, a technical indicator from here points to at least $ 46,000 and shows that there …

Jeff Bezos instructs Amazon to accept Bitcoin and other popular cryptocurrencies: Report – Bitcoin News

Amazon reportedly plans to accept Bitcoin by the end of the year, after which the company will roll out support for other major cryptocurrencies. In addition, the company is examining the introduction of its own cryptocurrency. “The directive comes from the very top … Jeff Bezos himself.” Amazon’s crypto project “Ready to Roll” Following news …