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    German software developer donated $1.2M in 'undeserved' Bitcoin to political party

    According to Hamburg-based news outlet Die Zeit, Moritz Schmidt, a software developer from the northeastern town of Greifswald, has sent one million euro — roughly $1.2 million — to Germany’s green party, known as The Greens or Alliance 90. A party spokesperson said Schmidt had made significant gains during the Bitcoin (BTC) bull run but wanted to contribute to causes related to environmental and climate protection rather than HODLing his crypto. Continue Reading on Coin Telegraph More

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    Hackers move 10,000 blacklisted BTC from 2016 exploit

    A combined 10,057 BTC valued at over $620 million moved today after being largely inactive since 2016. In the past hour, a total of 63 Bitcoin transfers between 50 BTC and 1,241.37 BTC have been reported by Whale Alerts. So far, the largest transaction was approximately 1,241.37 BTC, which is over $78 million at current market prices.The first transfer of 300 BTC was detected by the blockchain bot at 17:06:28 UTC. Coincidentally, the hacker began moving funds right at the heel of the Coinbase exchange listing on Nasdaq. The hacker has been largely silent since November 2020.As a backstory, the hacker(s) stole a whopping 120,000 BTC from Bitfinex in August 2016. The hacker has been struggling ever since to sell the blacklisted funds. In 2020, the hacker tried to dispose of 736 BTC via a Russian darknet market.According to several industry players, it will be almost impossible for the hacker to sell the stolen coins since no major exchange will accept the funds. Meanwhile, Bitfinex offered a $400 million reward last year for returning the stolen funds.Continue reading on BTC Peers More

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    The First Abstronaut takes NFTs to the moon, literally

    In an effort to demonstrate the tremendous opportunities NFTs offer, The First Abstronaut in consortium with the National Aeronautics and Space Administration (NASA) will be sending two distinct images in a capsule that will be sent to the moon this July by the aeronautics administrator.Speaking to reporters, the acclaimed digital artist revealed that both the images and certifications will be placed on the moon. Stating further, The First Abstronaut revealed that he was given a unique opportunity to put anything on a hard drive that will be taken to the moon by NASA.Placed in a lunar capsule, these NFTs which will bear the artist’s real name for verification purposes could change the shape of the crypto market completely.Currently on the OpenSea marketplace, the Rare Moon NFTs as it is called has a starting auction price of 20 ETH, worth $46,688 at the time of publication. While there are no bids yet, this NFT like that of Croatian professional tennis player Oleksandra Oliynykova will pioneer a paradigm shift in how people see and auction these tokens.Continue reading on BTC Peers More

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    Gary Gensler gets Senate approval as Joe Biden’s SEC chairman

    He was approved by the U.S. Senate with a final tally of 53-45. Gensler did not face much opposition throughout the proceedings. Although Republicans made comments concerning the US capital markets as part of general objections to President Biden’s plans to include issues like climate change under the SEC’s purview, Gensler’s credentials were well acknowledged. Back in March, he received a 124-10 committee vote.Speaking of his credentials, Gensler served as the chairman of the Commodity Futures Trading Commission during Obama’s era. As head of the agency, he spearheaded the implementation of the Dodd-Frank Act. Subsequently, he taught classes on blockchain technology and digital assets at MIT.In the wake of his confirmation, the existing commissioners of the agency congratulated Gensler.Continue reading on BTC Peers More

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    Acker begins accepting Bitcoin payments

    Established in 1820, Acker is the oldest wine shop in America. It also has the world’s largest rare and fine wine auction house, allowing collectors to sell rare and luxury wines on online auctions every week.The company announced that it would start accepting Bitcoin and several other cryptocurrencies at retail and auction. Apart from Bitcoin, Acker has opened its payment portal to receive Ethereum, Bitcoin Cash, and Dogecoin. This is in addition to stablecoins such as the PAX, BUSD, and Gemini Dollar.The new payment option is made possible via crypto payment processor BitPay. In reality, BitPay receives crypto payments on behalf of Acker and then converts them into fiat currencies.Furthermore, the wine shop has added Bitcoin and Ethereum to its analytics platform Acker Markets. The platform gathers and compares wine auction data from producers, vintages, and regions in the wine auction sector to other financial markets.Bitcoin and cryptocurrencies, in general, are proving to be more than just a fad. John Kapon, Acker chairman, said:Continue reading on BTC Peers More