US Marshals to Sell 2170 BTCs

The price of sale is unknown, but their average market value was about $ 18.7 million
23 March 2018   1147

The US Federal Marshals Service conducted another auction, during which 2,170.7 bitcoins were sold. As noted by the representative of the department, most of the lots, 2100 BTC, was bought by one of the participants, reports CoinDesk.

It is unknown on which rate bitcoins were sold, but at the time of publication, their average market value was about $ 18.7 million. In total, 42 buyers participated in the auction.

Recall, the auction was announced on March 6. As it was reported then, it was planned to auction 14 individual lots for the auction: two for 500 BTC, eleven for 100 BTC and one for 70 BTC.

The origin of most confiscated bitcoins is indicated on the official website of the department. Some coins are associated with the case of former US Secret Service agent Sean Bridges, who was sentenced to imprisonment for stealing bitcoins during the investigation of the DarkNet Market.

tZERO to Launch Bitcoin Trading App

Application itself is being developed by Bitsy; it may also begin to support Ethereum in the future
22 March 2019   108

The security tokens platform tZERO announced plans to launch a mobile application for buying and selling bitcoin. In the future, the application may also begin to support Ethereum,  CoinDesk reports.

According to Saum Noursalehi, CEO of tZERO, applications for iOS and Android devices should be launched in June. Bitsy is developing it, a cryptocurrency start-up that is part of the portfolio of the Overstock venture division of Medici Ventures.

That’s part of the reason we acquired Bitsy — to accelerate time to market for our mobile app. They have an app for trading crypto, primarily bitcoin, in a beta-phase, they built a wallet and key recovery mechanism, and this will be the foundation of the mobile app for tZERO. They are also working on some cool stuff like biometric login. 
 

Saum Noursalehi

CEO, tZero

According to him, the application will allow you to store cryptocurrency without the need to trust third parties and it will be connected to the network of exchanges through the API. The implementation of this plan will occur through partner tZERO, the institutional trading platform SFox.

In the future, the head of tZERO added, the platform also intends to create its own cryptocurrency vault to meet the demand from users.

The public beta testing of Bitsy wallet started in November 2018. With his help, the Overstock retailer plans to launch Bitcoin sales on its website.