News with the tag "German government"

Worldcoin , a crypto-based biometrics project co-founded by OpenAI’s Sam Altman, has been found to have violated European Union (EU) data protection regulations, resulting in data deletion requests from German regulators . The Bavarian State Office for Data Protection Supervision (BayLDA) has issued...

The German government recently sold off 50,000 Bitcoins at $54,000 apiece, possibly costing the country a minimum of $2.4 billion. Read original article on coincu.com

From June to August, selling Bitcoin by U.S. and German authorities caused a "nightmare" for the Q3 2024 crypto market, triggering severe price drops. Read original article on coincu.com

German Government Shuts Down 47 Crypto Exchanges in Crackdown on Illicit Activities In a significant move to combat illegal activities in the cryptocurrency industry, the German government has taken decisive action by shutting down 47 cryptocurrency exchanges. According to reports from CoinDesk, the...

German authorities sent a loud and clear message to criminal users of the exchanges: We found their servers and have your data — see you soon.

The bitcoin market recently saw a significant sell-off, absorbing over 48,000 BTC from the German government. Amidst this and upcoming Mt Gox distributions, a report from Glassnode researchers explores how these sell-side forces and exchange-traded funds (ETFs) impact bitcoin’s price action. Glassno...

Michael Saylor, the chairman of MicroStrategy, recently directed a statement at the German government following their liquidation of Bitcoin worth… The post Bitcoin Bull Michael Saylor Speaks To German Government After $3B BTC Dump first appeared on The Crypto Basic .

The German government has sold all of its Bitcoin (BTC) in just two weeks. The reason for the substantial Bitcoin dump was unveiled in a recent statement by the Saxony Central Office for the Protection and Realization of Virtual Currencies. Why Germany Sold All Its Bitcoin In a blog post published o...

German authorities have announced the completion of an emergency sale of nearly 50,000 bitcoins, raising about 2.6 billion euros. They explained that this sale was mandated to avoid a potential value decline due to the crypto’s price volatility. The funds are now secured for criminal proceedings at ...

The German government has officially acknowledged its involvement in selling 49,858 bitcoin linked to the movie2k case. In a press release, German authorities reported that the sales were completed due to what is stipulated in Section 111p of the Code of Criminal Procedure, classifying this move as ...