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According to Arkham Intelligence, $2 billion in dormant Bitcoin (BTC) has moved for the first time in five years. What next for Bitcoin as Grayscale also moves 9,000 BTC to a crypto exchange? Arkham Intelligence has reported the movement of $2 billion worth of dormant Bitcoin ( BTC ) – also just before the US markets opened today. It’s the first time these coins have moved since 2019. “ $2 BILLION of dormant Bitcoin moved just before the US market opened today, across several linked addresses. The BTC had moved once in 2019, and before that had been dormant since 2013. Historically these Bitcoins have all moved at the same times and dates. They were consolidated today from 49 addresses into 5 new addresses, each now holding between 8K-12K BTC ($380M-$480M per address) ,” the blockchain security and market intelligence platform posted on X. $2 BILLION of dormant Bitcoin moved just before US market open today, across several linked a...

A Western Sydney man was charged for allegedly attempting to import a variety of illicit drugs, purportedly by acquiring them on the deep web with crypto. According to an Aug. 29 Australian Federal Police announcement, the 23-year-old man faced the court on the day of the publication for his alleged attempt to import a number of drugs. Per the announcement, those drugs were acquired through deep web black markets and concealed in a variety of items, including cookware, toy cars and a blackjack set. The investigation began when Australian Border Force (ABF) officers in New South Wales intercepted three packages. The first contained 133 MDMA tablets, 100 oxycodone tablets, and 97 nitazene analogue tablets. The rest held 60g of MDMA, 25g of ketamine, 15g of methamphetamine, and 14g of heroin. Upon discovering these packages, the ABF alerted local law enforcement, leading to the execution of a warrant at the Greenfield Park address where the parcels were intended to be delivered. Durin...

In recent years, meme coins have emerged as influential factors within the cryptocurrency market, attracting investors due to the possibility of significant returns. Originating from internet humor and viral culture, these digital currencies can potentially bring about transformative changes in the crypto industry. Several meme coins exhibit promising attributes that extend beyond their humorous origins, offering real-world applications and benefits. In this context, we will examine the upward trajectory of meme coins that hold the potential to ascend to the ranks of the top 50 cryptocurrencies within the next three years . Among these meme coin contenders,  DigiToads , Dogecoin, and Shiba Inu, capture the attention of seasoned investors. DigiToads DigiToads is a web3 game that has gained a growing community and introduced its token. The game allows players to acquire non-fungible tokens (NFTs) called TOADS and train them for participation. A portion of the prize pool is distribu...

The export privilege ban comes from Griffith’s conviction and further impacts his involvement in international trade and transactions. The Department of Commerce has imposed a 10-year export privilege bar on Virgil Griffith, an Ethereum developer currently serving a five-year prison sentence. This bar restricts him from enjoying export privileges until April 12, 2032. The export privilege ban affects his ability tonparticipate in international trade and business. On April 12, 2022, Virgil Griffith was convicted in the US District Court for the Southern District of New York for breaching the IEEPA. Griffith was found guilty of unauthorized export of services to North Korea and circumventing U.S. sanctions imposed on North Korea. U.S. Attorney Geoffrey S. Berman accused Griffith of knowingly sharing technical information with North Korea that could aid in money laundering and evading sanctions, according to a statement. As a result of his conviction, Griffith has been sentenced to 63...