{"id":13300,"date":"2024-05-07T18:32:08","date_gmt":"2024-05-07T15:32:08","guid":{"rendered":"https:\/\/forklog.com\/en\/ukraines-prozorro-to-auction-bitcoin\/"},"modified":"2024-05-07T18:32:08","modified_gmt":"2024-05-07T15:32:08","slug":"ukraines-prozorro-to-auction-bitcoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ukraines-prozorro-to-auction-bitcoin\/","title":{"rendered":"Ukraine&#8217;s ProZorro to Auction Bitcoin"},"content":{"rendered":"<p>The Ukrainian government procurement platform ProZorro has <a href=\"https:\/\/nrcukraine.com.ua\/uk\/commercialSell-english\/procedures\/view?id=CSE001-UA-20240502-18356\">put<\/a> 0.1 BTC up for auction. Bidding will commence on May 14 with a starting price of <span data-descr=\"Ukrainian hryvnia\" class=\"old_tooltip\">\u20b4<\/span>188,000 (~$4700).<\/p>\n<p>This is the first time such a lot has been offered. Both legal entities and individuals may participate in the auction, provided they submit the necessary documents.<\/p>\n<p>Participants are required to make a guarantee deposit of \u20b49400.<\/p>\n<p>The bidding increment is set at \u20b41880.<\/p>\n<p>This state-initiated sale of digital assets will not be the largest. For instance, in January, Finland sold bitcoins worth approximately \u20ac73 million, with the proceeds directed to aid Ukraine.<\/p>\n<p>The U.S. government handles the most significant sums in the first cryptocurrency. In 2023, Casa&#8217;s CTO Jameson Lopp calculated that losses from the &#8220;hasty&#8221; sale of assets confiscated from criminals by authorities amounted to $5.1 billion.<\/p>\n<p>In May alone, U.S. law enforcement confiscated 3940 BTC (~$249 million) from an Indian-origin drug dealer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ukrainian government procurement platform ProZorro has put 0.1 BTC up for auction. Bidding will commence on May 14 with a starting price of \u20b4188,000 (~$4700). This is the first time such a lot has been offered. Both legal entities and individuals may participate in the auction, provided they submit the necessary documents. Participants are [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13299,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[526,1172,16],"class_list":["post-13300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-auction","tag-seized-bitcoins","tag-ukraine"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/13300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=13300"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/13300\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/13299"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=13300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=13300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=13300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}