Tag Archives: Cash

Australian Police Seize Illegal Gun Runner’s Bitcoin to Cash 2000% Profit

Australian authorities have become unwitting benefactors of Bitcoin’s impressive bull run in recent years. The Australia Federal Police’s latest Annual Report highlights a bust which netted them a cool 2000% profit. In it, the Feds reveals seized bitcoin worth approximately A$ 7,300 ($ 4,995) in 2016 from a man using the cryptocurrency to purchase three weapons in contravention of the 1901 Customs Act. Continue reading Australian Police Seize Illegal Gun Runner’s Bitcoin to Cash 2000% Profit

Block.one has paid $30 million in cash to purchase a domain name

Eos (EOS) developer Block.one has paid $30 million in cash to purchase a domain name for its new blockchain-based social media, called “Voice.” The development was revealed in a filing published by the United States Securities and Exchange Commission (SEC) on June 18. Continue reading Block.one has paid $30 million in cash to purchase a domain name

Why Has Litecoin and Bitcoin Cash Kept Market Momentum Moving?

All eyes have been on Bitcoin this week as it fired up engines and lifted off with a surge of 20% in a couple of days. The move has had the time tested effect of pulling the entire crypto market up as over $30 billion poured back into digital currencies. BTC has not been the only mover though as other altcoins have registered greater gains and two of them are still climbing. Continue reading Why Has Litecoin and Bitcoin Cash Kept Market Momentum Moving?