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Bitcoin price sheds 3% as $6B leaves Mt. Gox cold wallet

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Mt. Gox appears to be shifting funds from cold storage in preparation for distribution to creditors, with nearly 100,000 BTC in outflows on July 16.

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Coin Market

Wolf Capital co-founder pleads guilty to $9.4M Ponzi, promised 547% returns

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According to the US Department of Justice, Wolf Capital’s co-founder has pleaded guilty to wire fraud conspiracy for luring 2,800 crypto investors into a Ponzi scheme.

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Coin Market

US Bitcoin reserve would have ‘profound’ impact on adoption: CoinShares

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The Bitcoin Act’s passage could eventually send BTC’s price past $1 million per coin, industry executives say.

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Coin Market

Bitcoin corporate treasury shareholder proposal submitted to Meta

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“Due to its verifiable fixed supply, Bitcoin is the most inflation-resistant store of value available,” the proposal read.

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