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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    how NFTs became a global brand and a Web3 “social currency”

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    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

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    CryptoPunks Floor Price Hits 3-Year High of $208,000

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    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Experience to Earn: Everdome’s Metaverse Frontier

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    how NFTs became a global brand and a Web3 “social currency”

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    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Labubus have succeeded in every way that NFTs have failed

    Labubus have succeeded in every way that NFTs have failed

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    CryptoPunks Floor Price Hits 3-Year High of $208,000

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    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

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    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

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    Early Off the Grid Skin Holders Are Cashing In – Will You?

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    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

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    NFTs at Your Fingertips: Inside Japan’s NFT Vending Machine Trend

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    NFTs Stage a Summer Comeback: Blue-Chips Reclaim Spotlight in July Rally

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    On-Chain Games Don’t Have a ‘Secret Sauce,’ YGG’s New Advisor Says

  • Blockchain
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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

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    SoonVerse Partners with Arris to Enhance User Experience

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    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

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    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

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    UAE emirate launches new free zone for digital assets, Web3 and AI

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    What’s the Difference & Which Is Better to Trade?

    Think Your Cold Wallet Is Safe? Not If You Make These 7 Mistakes

    Think Your Cold Wallet Is Safe? Not If You Make These 7 Mistakes

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

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    What Is Copy Trading in Crypto? A Beginner’s Guide

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    What Is Crypto Staking? How to Earn Crypto by Holding It

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  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

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    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

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    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home Bitcoin

$300 Million In Silk Road Bitcoins On The Move After CPI Data

October 15, 2023
in Bitcoin
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$300 Million In Silk Road Bitcoins On The Move After CPI Data
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Bitcoin nears $91K as buying pressure soars, but challenges emerge

Spot Bitcoin ETF Options – How U.S exposure is set to soar after CFTC’s notice

  • Two unconfirmed transactions present that 9,800 Bitcoin linked to darkish net market Silk Highway was transferred on Wednesday.
  • 506 BTC was despatched to a change tackle and 0.01 BTC was moved to the pockets 361yog within the first transaction, per experiences.
  • Within the second transaction, the transfer transferred 8,200 BTC to the identical 361yog pockets and 1,118 BTC to a separate change pockets.
  • The transactions had been found shortly after the U.S. CPI knowledge was launched nevertheless it stays unclear if the federal government is behind the BTC transfers.

Crypto addresses with Bitcoin tied to the defunct darknet market Silk Highway moved BTC value round $300 Million to contemporary wallets on Wednesday shortly after the CPI knowledge was introduced.

The BTC actions had been first seen by crypto observers over two unconfirmed transactions. Within the first transaction, 506 BTC was despatched to a change tackle, and 0.01 BTC was moved to the pockets 361yog.

Pockets 361yo once more acquired 8,200 BTC value roughly $250 million within the second transaction. 1,118 BTC was additionally despatched to a change tackle separate from the primary.

8200 Silk Highway Bitcoin Dispersed Throughout A number of Wallets

Based on blockchain perception supplier MistTrack, the 8200 Silk Highway Bitcoin seized by the U.S. Justice Division was cut up throughout a number of pockets addresses. Every of the brand new wallets acquired 79.2008, MistTrack famous. 1,118 BTC moved to a change tackle was not moved but at press time.

See also  Bitcoin's price dump to $45K would simply be a 'normal market pullback'
$300 Million In Silk Road Bitcoins On The Move After CPI Data 14
Silk Road 8200 BCT Shuffle by MistTrack

In March, U.S. authorities liquidated 9,800 BTC for about $216 million. The federal government additionally revealed plans to unload 41,490 BTC in 4 tranches throughout 2023. Notably, Coinbase is the official digital asset accomplice that helps the U.S. authorities to promote its seized Bitcoin and digital currencies. The crypto alternate is at the moment dealing with a lawsuit filed by the SEC alleging rulebreaking.

Silk Highway forfeited over 51,000 Bitcoins to the U.S. authorities after creator Ross William Ulbricht was sentenced to life in prison after his arrest in 2013. The darkish net market operated for over two years and allowed customers to pay for narcotics, cash laundering providers, and different unlawful operations utilizing BTC.

$300 Million In Silk Road Bitcoins On The Move After CPI Data 15
BTC/USDT by TradingView



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Tags: BitcoinsCPIdatamillionmoveRoadSilk

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