BitcoinWarrior

News and Education

Month: December 2023

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U.S. Ark sells additional $5 million in Coinbase stock ─ Purchases Robinhood and SoFi | CoinDesk JAPAN

Cathie Wood’s investment management company ARK Invest acquired an additional $5 million in Coinbase stock on November 29th. At the same time, he sold $2 million (approximately 300 million yen) worth of shares in trading platform Robinhood and $1.5 million…

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Mysterious Bitcoin Wallet Snaps Up $424M Worth BTC In November

An unidentified Bitcoin (CRYPTO: BTC) wallet holder has reportedly acquired 11,268 BTC, worth approximately $424 million, since November 10. The wallet now ranks as the 74th largest BTC holder, according to data from Bitinfocharts. As reported by CoinDesk, these BTC…

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German regulator orders Bitcoin Group to take anti-money laundering measures

Pointing out deficiencies in money laundering measures On the 28th, Germany’s Federal Financial Supervisory Authority (BaFin) ordered Futurum Bank, a subsidiary of the country’s crypto asset (virtual currency) and blockchain company Bitcoin Group (ADE), to correct deficiencies in anti-money laundering…

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Binance ends support for Binance USD on December 15th | CoinDesk JAPAN

Crypto asset (virtual currency) exchange Binance has announced that support for the stablecoin Binance USD (BUSD) will end on December 15th. Binance announced in August that it would phase out support for the Binance USD after its publisher, Paxos, was…

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Grayscale begins preparations for Bitcoin spot ETF ─ Updates trust agreement for “operational efficiency” | CoinDesk JAPAN

Grayscale, the administrator of the Grayscale Bitcoin Trust (GBTC), plans to renew its trust agreement for the first time since 2018. This was revealed in a filing on the 29th. The objective is to optimize the structure of GBTC in…

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Philippine SEC: “Binance sells unregistered securities”

Binance’s violation of regulations pointed out The Philippine Securities and Exchange Commission (SEC) on the 28th warned the public that crypto exchange Binance is selling securities without a license in the country. The company explained that it is illegal for…

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Court approves FTX estate to sell $870 million worth of crypto investment trusts

GBTC etc. can be liquidated A Delaware court on Wednesday approved a proposed sale of shares in the Grayscale and Bitwise crypto investment trusts worth a total of $874 million filed by the debtors of the failed cryptocurrency exchange FTX….

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Soccer player Ronaldo faces class action lawsuit in the US for being involved in selling Binance securities

facing class action lawsuit World-famous soccer player Cristiano Ronaldo is facing a class action lawsuit in the United States for his involvement in promoting the cryptocurrency exchange Binance. According to court documents dated July 27, the plaintiffs allege that Ronaldo…

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UK government advises users to voluntarily declare crypto-related taxes | CoinDesk JAPAN

The UK government on November 29th urged crypto users to voluntarily declare their unpaid capital gains and income taxes to avoid penalties, and published guidance on how to pay them. Tax returns must reflect capital gains and income from exchange…