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Bank of Israel Launches Digital Shekel Challenge

[May 28 10:21 PM] The Bank of Israel has announced the Digital Shekel Challenge, inviting various entities — private companies, public sector organizations, and academic institutions — to participate in the digital shekel’s experimental environment. The…

US Jury Convicts Two in $8M Crypto-Linked Dark Web Drug Scheme

[May 28 8:28 PM] A federal jury in Salt Lake City convicted Oluwole Adegboruwa and Enrique Isong, foreign nationals, of multiple drug-related charges. From 2016 to 2019, they generated over $8 million in cryptocurrency, including bitcoin and ethereum. Adegboruwa…

Is Mt. Gox A Worry For Bitcoin? Crypto Analyst Weighs In

[May 28 8:00 PM] Bitcoin outflows from the Mt. Gox exchange have occurred in the past day, making some worry about potential bearish effects. Here’s what an analyst thinks. Mt. Gox Has Made Several Bitcoin Transactions In The Last 24 Hours During the past…

Bitcoin Price Struggles to Reclaim $70K: Will the Bulls Prevail?

[May 28 6:57 PM] Bitcoin price struggled to stay above $70,000 and corrected gains. BTC is now trading below $69,000 and showing a few bearish signs. Bitcoin extended its downside correction below the $69,000 zone. The price is trading below $69,000 and the 100…

Metaplanet to Buy Another ¥250 Million Worth of Bitcoin

[May 28 9:34 AM] Metaplanet Inc. (TSE Standard: 3350), a Japanese publicly traded company, has announced a significant enhancement to its Bitcoin holdings. In a recent board of directors meeting, the company resolved to purchase an additional ¥250 million…