Germany | ForkLog

ForkLog 8 04.07.2024

German Authorities Transfer 1300 BTC to Major Exchanges

On July 4, a Bitcoin wallet associated with Germany’s Federal Criminal Police Office (BKA) transferred 1300 BTC (~$75.5 million) to centralized exchanges, according to data from Arkham. Data: Arkham. Of the total amount, German authorities sent 400 BTC each to Coinbase and Kraken, and 500 BTC to Bitstamp. An additional transfer of 1700 BTC was […]

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ForkLog 4 02.07.2024

German Authorities Transfer 282.74 BTC to Major Exchanges

On June 2, Germany’s Federal Criminal Police Office (BKA) transferred 282.74 BTC (approximately $17.6 million) to Coinbase, Bitstamp, and Kraken. The transaction was observed on Arkham. Three hours later, the administrators moved an additional 361.8 BTC (around $22.65 million) to the address of market maker Flow Traders. Over the past month, coins worth approximately $193 […]

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ForkLog 16 01.07.2024

Cryptocurrency Developments: German and US Transfers, Binance Alerts, and Pump.fun Revenue

Pump.fun’s fees have generated $50 million in revenue for the platform. Binance has added monitoring tags for several highly volatile tokens. The governments of Germany and the US have moved $150 million in Bitcoin and Ethereum. Profits from Memes Since its launch, the cumulative revenue of the meme-token creation platform Pump.fun, based on Solana, has […]

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ForkLog 20 26.06.2024

German Authorities Transfer $36 Million in Bitcoin to Trading Platforms

On June 26, Bitcoin wallets associated with the German government transferred 595.3 BTC, valued at approximately $36.65 million, to cryptocurrency trading platforms, according to data from Arkham. Data: Arkham. Of this amount, 125 BTC each were sent to the cryptocurrency exchanges Bitstamp and Kraken. Following a test transaction of 0.001 BTC, a transfer of 345.3 […]

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ForkLog 9 25.06.2024

German Authorities Transfer 400 BTC Worth $24.34 Million to Coinbase and Kraken

On June 25, wallets associated with Germany’s Federal Criminal Police Office (BKA) transferred 200 BTC each (totaling $24.34 million) to the exchanges Coinbase and Kraken. The transactions were tracked by Arkham. UPDATE: German Government selling additional $24M BTC In the past 2 hours the German Government has moved 400 BTC to exchange deposits at Kraken […]

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ForkLog 9 19.06.2024

German Authorities Transfer $425 Million in Bitcoin

A wallet associated with the German government has transferred 6500 BTC (~$425 million) to a new address, with some of the funds ending up on exchanges. This is according to data from Arkham. Data: Arkham. Initially, the wallet marked as German Government (BKA) held 50,000 BTC. According to Arkham, these funds were seized in January […]

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ForkLog 19 30.04.2024

Ukraine and Germany Forge Partnership for Cryptocurrency Oversight

NSSMC and BaFin have signed a memorandum to provide mutual assistance in financial sector investigations and exchange relevant information. The priority areas include: financial reporting requirements; alternative funds; non-state pension funds; fraud prevention; oversight of virtual assets; construction financing and investment funds in the construction sector. The National Commission described this partnership as “another step […]

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ForkLog 10 05.03.2024

Deutsche Börse Launches Crypto Exchange Targeting Institutional Investors

The stock exchange operator Deutsche Börse has launched a regulated platform focused on institutional investors for spot trading, settlement, and custody of cryptocurrency assets, named Deutsche Börse Digital Exchange (DBDX). Settlement and custody services will be provided by its subsidiary Crypto Finance (Deutschland), which holds licenses from BaFin. “We will ensure transparent and secure market […]

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ForkLog 25 30.01.2024

German Authorities Seize Nearly 50,000 BTC from Pirates

During a review of an old criminal case involving a major pirate website, German police seized nearly 50,000 BTC (valued at $2.17 billion at the time of writing), acquired through illegal activities. According to the investigation, in 2013, two administrators of the portal profited from the unauthorized commercial use of copyrighted works. The platform was […]

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ForkLog 20 10.01.2024

European Crypto Custodian Finoa Secures $15 Million in Funding

Germany-based licensed staking and custodial service provider Finoa, focusing on institutional clients, has concluded a strategic funding round, raising $15 million. The startup’s valuation remains at $100 million, according to The Block. The funding round was led by Maven 11 and Balderton, with participation from Blue Bay Ventures, Signature Ventures, Coparion, and Venture Stars. The […]

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ForkLog 12 21.12.2023

German police shut down darknet marketplace Kingdom Market

The German public prosecutor's office and police seized servers of the darknet marketplace Kingdom Market that were located in several countries and halted its activities.

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ForkLog 28 01.08.2023

German regulator opens investigation into Worldcoin

The Bavarian state data protection supervisory authority (BayLDA) has been investigating since late 2022 the Worldcoin project by Sam Altman regarding the collection of biometric information.

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