Satoshi stirs, FTX looks abroad, Brazil central bank hacked | Weekly Recap
Main Idea
The article highlights several significant developments in the cryptocurrency space, including the activation of dormant Satoshi-era Bitcoin wallets, crypto-related money laundering in Brazil, and FTX's legal efforts for asset distribution.
Key Points
1. Dormant Satoshi-era Bitcoin wallets became active after 14 years.
2. Brazilian hackers used cryptocurrency to launder stolen bank funds.
3. FTX is seeking legal approval to distribute assets in restricted jurisdictions.
4. Metaplanet increased its Bitcoin holdings.
5. The IMF rejected Pakistan's Bitcoin mining subsidies.
6. The SEC paused approval for Grayscale's fund conversion.
7. Ripple partnered with OpenPayd.
8. Deutsche Bank plans to launch a crypto custody service.
9. Iran’s largest cryptocurrency platform resumed operations.
10. Robinhood expanded its crypto offerings.
Description
From billion-dollar Bitcoin movements to courtroom maneuvers and cross-border hacks, this week’s crypto headlines span the strange, the strategic, and the staggering. Dormant wallets from the Satoshi era suddenly sprang to life, Brazilian hackers used crypto to launder stolen bank funds, and FTX sought legal approval to distribute assets in restricted jurisdictions. Meanwhile, Robinhood and Deutsche Bank pushed deeper into blockchain development, Ripple secured a key payments partner, and Bitcoi...
Latest News
- XRP price surges as new Ripple ETF nears $250m milestone2025-07-12 08:08:31
- The internet’s new backbone isn’t Big Tech’s cloud—it’s DePIN | Opinion2025-07-12 06:53:27
- RICH Miner’s strategy could bring a stable appreciation of crypto assets every day2025-07-11 23:02:40
- Bitcoin’s breakout isn’t about the Fed, it’s about market structure: analysts2025-07-11 20:49:26
- DDC announces $100m Bitcoin treasury partnership with Animoca Brands2025-07-11 19:38:50