A computer scientist who claims to be the pseudonymous creator of Bitcoin (BTC) is dropping his lawsuit against Bitcoin developers. According to a new post by the Bitcoin Legal Defense Fund, Craig Wright, who for years proclaimed to be Satoshi Nakamoto, is dropping his case against the 12 Bitcoin developers and others he sued in […]
The post Self-Proclaimed Bitcoin Creator Craig Wright Drops Lawsuit Against BTC Developers appeared first on The Daily Hodl.
A UK Judge is freezing $7.6 million worth of computer scientist Crag Wright’s assets after he was ruled to not be Satoshi, the pseudonymous creator of Bitcoin (BTC). New court documents reveal that the judge has ordered a worldwide freeze of over £6 million worth of Wright’s assets as a means of preventing him from […]
The post UK Judge Freezes $7,600,000 of Craig Wright’s Assets After Ruling That He Is Not the Founder of Bitcoin appeared first on The Daily Hodl.
Authorities from the US and UK are reportedly investigating $20 billion worth of crypto assets sent to a Russian crypto exchange platform. According to a new report by Bloomberg, anonymous sources familiar with the incident say that officials from the US and UK are looking into the matter as part of a crackdown effort against […]
The post Officials From the US and UK Investigate Crypto Transfers to Russian Exchange Valued at $20,000,000,000: Report appeared first on The Daily Hodl.
Regulators in the United Kingdom are releasing new regulations for influencers and memes that promote financial products. In a new press release, the UK’s Financial Conduct Authority (FCA) is giving out new guidelines on how social media can be used to promote financial products, including fintech and digital assets, as a means of combating fraud. […]
The post UK Regulators Release Guidance for ‘Finfluencers’ and Memes Promoting Financial Products appeared first on The Daily Hodl.
New data from market intelligence firm Chainalysis reveals that global cryptocurrency gains topped $37.6 billion in 2023 as asset prices and market sentiment continue to improve after a challenging 2022. In a new report, the crypto analytics platform says that the United States accounted for the lion’s share of realized profits in 2023, hauling in […]
The post United States Leads All Countries With a Staggering $9,360,000,000 Worth of Crypto Gains in 2023: Chainalysis appeared first on The Daily Hodl.
A UK Judge is ruling that Australian computer scientist Craig Wright is not Satoshi Nakamoto, the anonymous creator of Bitcoin (BTC), nor is he the author of the BTC White Paper. According to BitMEX Research, the Cryptocurrency Open Patent Alliance (COPA) – a nonprofit crypto advocacy group – recently won its case against Wright, who […]
The post UK Judge Rules Craig Wright Is Neither Bitcoin Creator Satoshi Nakamoto nor the BTC White Paper Author appeared first on The Daily Hodl.
London’s Metropolitan Police hold more than $3.88 billion worth of Bitcoin (BTC) from a massive 2018 seizure, according to crypto analytics firm Arkham Intelligence. Arkham notes the United Kingdom law enforcement agency seized 61,000 Bitcoin from Jian Wen and Zhimin Qian back in 2018 and subsequently gained access to the crypto assets years later. “The […]
The post UK Metropolitan Police Holding $3,883,974,968 in Bitcoin (BTC) From 2018 Seizure: Arkham Intelligence appeared first on The Daily Hodl.
The UK government just released documentation notifying that the country’s law enforcement will soon have the power to seize crypto assets without going through extensive legal processes. The country’s Economic Crime and Corporate Transparency Act 2023, which was passed on October 26th, 2023, now comes with extensive provisions relating to crypto assets, including how authorities […]
The post UK Authorities Will Have Power To Confiscate Crypto Assets From the Public by End of April appeared first on The Daily Hodl.
Plans for new rules and regulations for stablecoins and cryptocurrency staking in the United Kingdom (UK) are in the pipeline, according to a Bloomberg report. The report quotes the Economic Secretary to the Treasury Bim Afolami as saying at an event organized by Coinbase crypto exchange in London that the UK government was “pushing very […]
The post UK Pushing To Regulate Stablecoins and Crypto Staking Within Six Months, Says Treasury Minister: Report appeared first on The Daily Hodl.
M&G invests $20 million in Global Futures & Options Holding to open up cryptocurrency derivatives trading to traditional financial institutions.
The investment arm of UK-based pension fund M&G has invested $20 million in the country’s first regulated Bitcoin (BTC) derivatives exchange, Global Futures & Options Holdings (GFO-X).
An announcement from M&G and GFO-X outlined the details of the investment, which forms part of a $30 million Series B funding round for the derivatives exchange. The platform will initially offer clearing of Bitcoin index futures and options contracts.
The move provides a platform for traditional finance institutions to gain exposure to a variety of cryptocurrency derivatives investment products. GFO-X is set to become a Financial Conduct Authority (FCA) regulated and centrally-cleared trading platform for crypto derivatives.
