Metatron Releases Crypto Trading Mobile App

Bitmeet™, a cryptocurrency transaction platform with price tracking and location services, available now on Google Play
16 January 2018   1260

Metatron, a company that offers digital content distribution and mobile app development, announced on January 16 the release of BitMeet™, a cryptocurrency transaction platform with price tracking and location services available now on Google Play.

According to the announcement, Bitmeet™’s features include chat, locations of users who want to buy and sell cryptocurrency, pricing, market cap and the latest news.

The Blockchain revolution will likely create the largest social and financial market disruption the world has ever seen. There has never been a peer to peer exchange that provides a solution for lack of trust among un-related parties with the underlying tech of the Bitcoin unit. We expect the Bitmeet™ platform to eventually solve this glaring market need.

 

Joe Rieh

 CEO, Metatron

Company plans to release Bitmeet™ for iOS devices in the near future.

US Authorities to Sell $4.3M Worth Seized BTC

As reported, the Bitcoins were seized during different federal investigations
18 October 2018   155

The US Federal Penitentiary and Marshals Service has announced an auction, during which 660 Bitcoins will be sold, previously confiscated by law enforcement agencies. The current market value of the coins put up for sale is about $ 4.3 million, CoinDesk reports.

Bitcoins offered for sale were seized during federal criminal, civil and administrative investigations.

The auction will be held on November 5, and to participate in it, you must register no later than October 31 and make a deposit of $ 200,000.

The trades will be divided into two parts and include the sale of six blocks of 100 BTC and one more block of 60 BTC. Auction participants will not be able to view other people's rates or change their own.

The Office clarified that part of the assets put up for auction includes Bitcoins, which were seized during the recent investigations into the cases of the traders Teresa Tetley and Thomas Mario Costanzo. Teresa Tetley was sentenced in July to a year in prison on charges of trading in cryptocurrency without the necessary license and laundering money obtained from drug trafficking.

The Marshals do not report which part of the bitcoins seized from Tetley and Costanzo is put up for auction, however, it was previously known that 40 BTC were withdrawn from the first, and 80 BTC from the second.

Two previous major auctions for the sale of confiscated bitcoins were held in the United States in January and March of this year. In the first case, 3813 BTC was sold, in the second - 2170 BTC.