| The United States seeks to confiscate $1 billion in BTC related to the dark web; Bitcoin soars during the day, approaching $16,000

黄雪姣

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2020-11-06 00:32

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Bitcoin has held above $10,000 for 100 consecutive days.

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Bitcoin has held above $10,000 for 100 consecutive days.

headlines

U.S. seeks to seize $1 billion in bitcoin linked to darknet Silk Road

The United States is prosecuting over the seizure of more than $1 billion worth of bitcoin. The US Department of Justice said in a statement that the confiscated cryptocurrencies are related to the dark web Silk Road and are the largest cryptocurrency seizure in the United States to date. Authorities seized the bitcoins from a hacker they identified as Individual X in the statement. The case began when agents from the IRS Criminal Investigation Division identified 54 previously undiscovered bitcoin transactions on the darknet Silk Road. According to the U.S. Department of Justice, the funds involved in these transactions originated from a bitcoin address through which they were able to track down the hackers. According to previous news, on the morning of November 4, the address ranked fourth on the Bitcoin rich list transferred 69,369 bitcoins worth nearly US$1 billion, and then the blockchain analysis company Elliptic found that the bitcoins may have originated from Darknet Silk Road. (Bloomberg)

The OKEx market shows that BTC continues to rise today, and it has risen by more than 15,800 USDT, an increase of 12% in 24 hours. (Data source: BitUniverse)

digital currency

MicroStrategy and Square Both Gain Over 30% on Their Investments as Bitcoin Continues Rally
As the price of Bitcoin continued to rise above $14,000, MicroStrategy and Square made 32% and 38% profits on their Bitcoin investments, respectively. MicroStrategy invested a total of $425 million in two large deals in August and September of this year, with an average purchase price of $11,000 in bitcoin. The rise in bitcoin netted MicroStrategy $133 million, and the company’s total bitcoin is now worth $558 million.

Square invested $50 million in Bitcoin in October last year. So far, Square’s Bitcoin investment has made a profit of $18 million, and the total value of its Bitcoin holdings is currently $68 million. (Decrypt)

FTX Founder SBF Donates $5.2 Million to US Presidential Candidate Joe Biden

On November 5, according to data from Opensecret.org, FTX founder and CEO Sam Bankman-Fried has donated $5.2 million to U.S. Democratic presidential candidate Joe Biden (Joe Biden). (The Block)

Bitcoin has held above $10,000 for 100 consecutive days

As of the end of the day on November 4, Bitcoin has held above $10,000 for 100 consecutive days since July 27 this year. The last time the record was maintained was 63 days, and it happened during the bull market in late 2017, after which the price of Bitcoin reached a high of nearly $20,000. (Inbitcoinwetrust.net)

OKLink: Ethereum 2.0 deposit contract address received 3200ETH pledged by V God
According to data from OKLink, as of now, the Ethereum 2.0 deposit contract address (0x00000000219ab540356cbb839cbe05303d7705fa) has received 19,685 ETH, worth about $7.8706 million. The mortgage transaction records start with 0x1db3, which belongs to V God’s wallet address, and a total of 3200 ETH has been mortgaged for this address.

According to previous news, the condition for Ethereum 2.0 to start the genesis block is that at least 16,384 verification nodes complete the mortgage before December 1, and each node mortgages 32 ETH, a total of 524,288 ETH.

Report: Ethereum’s transaction volume exceeded $47 billion in October, 99% of which came from the DeFi ecosystem
DappRadar released the October 2020 DApp Ecosystem Report yesterday. The main points are as follows:
1. Ethereum daily active wallets increased by 14% month-on-month in October;
2. The transaction volume of Ethereum exceeded $47 billion in October.
3. 99% of Ethereum transaction volume comes from the DeFi ecosystem.
4. Both TRON and EOS have declined in terms of native token value, daily active wallets, and transaction volume.

5. The best performer among the remaining blockchains is Binance Smart Chain (BSC), with 10,000 daily active wallets and a transaction volume of $1.2 billion. BSC DeFi DApp may become the main competitor of Ethereum DeFi ecosystem.

Bitcoin rose sharply last night. According to the contract position report, the total contract position of the entire network was 3.024 billion US dollars, an increase of 382 million US dollars in 24 hours.

Blockchain industry

Digital collectibles platform Terra Virtua received $2.5 million in private equity financing, Woodstock and others participated in the investment

Investment and Financing

Digital collectibles platform Terra Virtua received $2.5 million in private equity financing, Woodstock and others participated in the investment

Terra Virtua, a platform for digital collectibles, announced the completion of US$2.5 million in private equity financing, with participation from Woodstock, Hashed, NGC Ventures, LD Capital, YBB foundation, AU21 Capital, Twin Apex Ventures, Amplifi.vc, and Rarestone Capital. It is reported that the funds raised in this round will be used to further build Terra Virtua's NFT ecosystem.

The decentralized exchange Switcheo (SWTH) announced the completion of a US$1.2 million strategic financing led by cryptocurrency investment institution DeFiance Capital, with participation from Three Arrows Capital, Digital Assets Capital Management, DeFi Capital and MXC Exchange (Matcha Exchange).

global policy

Venezuela launches state-run crypto exchange VEX

Venezuela has launched a state-run cryptocurrency exchange that will support petro (PTR), BTC, LTC and DASH trading pairs with the bolivar. According to a statement published by Venezuelan crypto regulator Sunacrip on the government media portal, its state-run crypto exchange has been named Venezuelan Exchange (VEX). Sunacrip added that VEX will use “P2P technology” and will also be accessible and linked to PetroApp, a government-issued crypto wallet application. (Cryptonews)

Norges Bank: Digital currency still has a way to go

Norges Bank says digital currency "still has some way to go". (Golden Ten)

Russia's parliament, the State Duma, is set to discuss a new draft law requiring Russians to disclose "electronic" asset gains and holdings on overseas platforms, a move that could have implications for crypto traders. While not specifically mentioning cryptocurrencies (or fiat currencies), the draft proposes that citizens need to declare to the state tax authorities if their annual transaction value on overseas digital platforms exceeds $7,730. Additionally, provisions of the bill give lawmakers and the Federal Tax Service (FTS) authority to use it for crypto wallets and exchange accounts. (Cryptonews)