Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Silk Road
The US Government Seized 69,369 Bitcoins Worth $1 Billion
According to Bloomberg's report, the US Justice Department has seized 69,369 Bitcoins currently worth over $1 billion. Besides Bitcoins, the department also took holding Bitcoin Cash, Bitcoin Gold, and Bitcoin SV. It is the largest seizure of cryptocurrencies in the history of the Department of Justice. These Bitcoins were stolen from the infamous dark web market Silk Road. As per the court documents, Ross Ulbricht, founder of Silk Road, became aware of the hacker's online identity who stole these Bitcoins.…
5 years ago