Bitcoin & AI Data Centers
The podcast that talks about Data Centers, AI, AI Data Centers and everything Bitcoin & Crypto. Your host is an AI version of Roni, reporting from a secret location in Wakanda and possibly with Satoshi Nakamoto listening in.
Old Bitcoin address reactivates, government holdings shift, and South Korea targets crypto fraud
An old Bitcoin address with 119 BTC becomes active after 12 years, coinciding with recent whale movements and a value surge. The German government transfers $175 million in Bitcoin, impacting the market. South Korea introduces a real-time monitoring system to combat crypto fraud and outlines future legislation.
Key Points
- A dormant Bitcoin address containing 119 Bitcoin has become active after more than 12 years, transferring funds worth approximately $6.8 million in two separate transactions.
- The German government has moved over $300 million worth of Bitcoin to various addresses, including cryptocurrency exchanges, indicating potential intentions to sell the assets.
- South Korea's financial supervisory service has developed a 24-hour surveillance system to curb crypto fraud, set to go live on July 19th, alongside the implementation of the Virtual Asset User Protection Act.
Chapters
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Transcript
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