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Government

U.S. government moves $1 billion in bitcoin from Bitfinex hack wallet

U.S. government moves $1 billion in bitcoin from Bitfinex hack wallet

4 weeks ago by Crypto InsightsCrypto

Wallets linked to the U.S. government moved 12,267 bitcoin BTC$81,429.31, worth about $1.01 billion, on Thursday, according to data provided by blockchain intelligence firm Arkham. The coins left a wallet holding funds seized in the 2016 Bitfinex hack and went to a new, unlabeled address,… Read More

Australian PM warns of AI’s ‘furious pace’ after agent breached government site

Australian PM warns of AI’s ‘furious pace’ after agent breached government site

1 month ago by Crypto InsightsCrypto

Anthony Albanese said governments must help shape AI’s development, after revealing earlier that an OpenAI agent accessed non-public files on an Australian Medicare data portal.

U.S. government digital dollar set to be banned tonight under housing law’s CBDC limit

U.S. government digital dollar set to be banned tonight under housing law’s CBDC limit

4 months ago by Crypto InsightsCrypto

The CBDC limit expires at the end of 2030, though there was little chance that a Fed digital currency would have been executed by then. There’s been limited appetite at the central bank, where its previous leadership — even before the arrival of Trump’s newest… Read More

Trump orders government, Fed to review crypto firms' access to payment rails

Trump orders government, Fed to review crypto firms' access to payment rails

6 months ago by Crypto InsightsCrypto

Donald Trump’s executive order asks the Fed to review how depository institutions may be granted access to payment services, an area the crypto industry is deeply involved with.

The U.S. government moves $606,000 in bitcoin linked to the 2016 Bitfinex hack to Coinbase

The U.S. government moves $606,000 in bitcoin linked to the 2016 Bitfinex hack to Coinbase

7 months ago by Crypto InsightsCrypto

The U.S. government is active on the blockchain again, moving approximately $606,000 worth of bitcoin BTC$74,813.14 to Coinbase Prime. These are not just any coins. On-chain data suggests the transferred 8 BTC are linked to Ilya Lichtenstein, the man behind the decade-old hack of the… Read More

South Korea to pilot blockchain deposit tokens for government spending in Q4

South Korea to pilot blockchain deposit tokens for government spending in Q4

7 months ago by Crypto InsightsCrypto

South Korea’s Ministry of Economy and Finance will begin testing blockchain-based deposit tokens for government spending in the fourth quarter as part of a broader push to modernize how public funds are managed. The ministry said the pilot to spend Treasury funds as digital currency… Read More

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