50K Bitcoin linked to Silk Road and seized in November 2021 was seen on the move again, a portion of which was sent to Coinbase fueling selling rumors.
by U.S. agencies from the Silk Road marketplace in November 2021. The confiscated BTC was consolidated in two wallet addresses: bc1q5s…0ch and bc1q2ra…cx7.Out of these three transfers, the majority appear to be internal transfers. However, approximately 9,861 BTC was sent to Coinbase. The other two transfers include a 30,000 BTC transfer to an address starting with bc1q... and a 9,000 BTC transfer to an address starting with bc1qe7....
Silk Road was an online black market and the first modern darknet market. It was launched in 2011 by its American founder Ross Ulbricht under the pseudonym"Dread Pirate Roberts." The marketplace was one of the first to accept Bitcoin payments and even popularised crypto use at its time. The U.S. law enforcement agencies confiscated multiple items from its founder, including hoards of BTC which have been auctioned from time to time and as early as 2014.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
While Bitcoin's Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit – Mining Bitcoin NewsMerge-mining is a process in which miners can mine various cryptocurrencies at the same time without any additional cost.
Read more »
Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents – Technology Bitcoin NewsThe Rollkit development team has announced that Bitcoin has been integrated as a means for sovereign rollups to store and retrieve data.
Read more »
Bitcoin, Ethereum Technical Analysis: BTC, ETH Stall Ahead of Powell Testimony – Market Updates Bitcoin NewsBitcoin remained in consolidation earlier in Tuesday’s session, as markets prepared for this afternoon’s testimony from Fed Chair Powell.
Read more »
Compass Mining Alerts Bitcoin Miners of Changes in Bitmain's ASIC Design – Mining Bitcoin NewsThe post advised miners to be aware of the changes as Compass identified 'three issues' with two different bitcoin Antminer S19 series mining devices.
Read more »
These Machine-Washable Silk Pajamas Let Me Sleep Like The 1%R29's senior writer reviews Quince's affordable, washable 100% silk pajama set.
Read more »
Thailand Offers $1B Tax Break for Firms Issuing Investment Tokens: ReutersThailand wants to offer companies issuing digital tokens tax breaks, which is expected to cost the government $1 billion, according to Reuters. jackschickler reports.
Read more »