US Government Transfers $243 Million in Seized Bitcoin to Coinbase
On June 26, 2024, the U.S. government transferred 3,940 bitcoins, valued at $243 million, originating from a darknet market dealer. This batch of BTC was directed to an exchange address tagged as Coinbase. U.S. Law Enfor...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
U.S. Government Sends $1 Billion in Seized Bitfinex Bitcoin to Unlabeled Wallets
A wallet holding bitcoin stolen in the 2016 Bitfinex hack sent 12,267 BTC, worth about $1.01 billion, to new addresses on Thursday...
US Government Shifts $1 Billion in Bitcoin, $94 Million in Tether
The U.S. government’s cryptocurrency shuffle isn’t over. Following two days of bitcoin transfers totaling $770 million, federal wa...
Wallet linked to 2016 Bitfinex hack transferred 12,267 BTC valued at $1.01 billion to new addresses
The transfer of BTC linked to the 2016 hack may signal future market volatility and strategic shifts, impacting Bitcoin's price st...
Bitcoin Price Prediction: Is the US Government Behind The Crypto Crash?
Bitcoin is trading at $82,400 after losing 4% over the past week, but that bounce does little to settle the question behind the se...
82 Million Galaxy Devices Will Support USDC Transfers This October
USDC is set to become Samsung Wallet’s default dollar stablecoin as Coinbase expands its partnership with the smartphone maker. Th...
Samsung Wallet Brings USDC to 82M Galaxy Devices With Coinbase, Solana and Sui Support
Key Takeaways: Samsung Wallet will support 82 million U.S. Galaxy to add transfers on USDC. Coinbase will keep USDC in their Coinb...