Kurz vor dem Ende seines ICOs kündigt das Frankfurter Fintech savedroid eine große Überraschung an. Das Unternehmen hat heute mit sofortiger Wirkung bekannt gegeben, dass es jetzt weltweit der erste ICO ist, das nicht nur die Standard-Kryptowährungen wie bitcoin und Ethereum als Bezahlung für ihren SVD-Token akzeptiert, sondern auch eine große Auswahl an Münzen und…There is a sale for March 19, 2018, in which the United States Marshals are aiming to auction almost $25 million in bitcoin (). The sell-off would be a significant portion of their crypto stockpile accumulated in recent times.
Expensive Seat at the Table: Auction Specifics
They announced their plans for this auction on March 6, 2018, and detailed how there would be about 2,170 bitcoins auctioned off in this sale.
Any party that wishes to sign up as a bidder will have to make a deposit of $200,000, as well as meeting all of the registration specifications before the auction in order to participate as outlined by the Marshals Service.
The event is set to be broken into 14 different sessions, with there being two 500 BTC auctions, eleven 100 BTC auctions and a single auction of 70 BTC up for sale.
The release states that the Marshal Service has confiscated the bitcoins being sold as a result of “various federal criminal, civil and administrative cases.” This bounty encompasses everything from Drug Enforcement Agency () confiscations to federal trials.
bitcoin has been used extensively by criminals in recent years as a way of laundering and transacting funds in a relatively anonymous way. Comparatively, it is becoming far and away the preferred alternative to fiat.
This shift in transaction medium is why the US Marshals’ bitcoin stash is so significant, as many of the criminals prosecuted by these government agencies have substantial stockpiles of bitcoins used in criminal activities.
The origins of most of the bitcoins being auctioned have been published online.
Additionally, a portion of these coins has been traced to a case that involved an ex-Secret Service Agent named who received a prison sentence following accusations that he stole funds that were part of the Silk Road investigation.
He received a conviction in 2015 for the stealing of $800,000 worth of bitcoins.
The Silk Road was effectively an eBay for criminal activities, such as the buying and selling of narcotics and weapons. It was shut down by the FBI in October 2013, and they seized approximately 144,000 bitcoins.
Previous Auctions
In January 2018, there was another held by the US Marshals in which over 3,600 bitcoins were sold to a total of five bidders.
The total sum raised was more than $30 million. Another sale of this kind was held in the middle of 2016 when 2,700 bitcoins were auctioned off.
The price of bitcoin has, of course, since the beginning of 2017, with the total sum raised through the 2016 auction only being about $1.6 million. It is not clear if the holdings of bitcoin cash or bitcoin gold are included with these sums of seized bitcoin.
There have also been numerous similar auctions held by government authorities across the world in recent times, involving countries such as Australia, South Korea, and Ukraine.
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The Beast from the East snow storm in Scotland may have stopped traffic across the country but it certainly hasn’t slowed progress of the SAFE Network. This month has been full of new hires, new guidelines for developers and development updates.
Thanks to the continued hard work of Victoria, our Office Manager, we are now welcoming many new faces to the Maidsafe team. We have now filled the Test and Release Manager, Rust Engineer, Software Support Analyst, UX/UI Designer and Admin Assistant roles. This is not only testament to the ever growing needs of the network but the speed of its growth. We look forward to these new staffers becoming part of the community.
We are very excited to have announced our first European DevCon in Scotland in April 2018. As the majority of the MaidSafe global team will in the Ayr HQ for a staff weekend we are inviting developers to join us for a one day development conference to learn more about the network, recent developments and share community projects. If you would like to join us please email outreach@maidsafe.net. We will also be sharing the conference via a livestream and will post joining details closer to the time.
Following a very successful funding cycle the Safecoin animated video Community Engagement Programme was over funded. In light of this we have agreed with Hypercube to create a second video in addition to the Safecoin video. There has been good progress on the Safecoin video and we are expecting to see initial animations in the coming weeks.
Progress for the new MaidSafe website is also coming along. We have now completed the wireframing and are expecting the designs from the agency later this week. This is an exciting stage and will give us a better idea of the end product. We will continue to share updates on the forum.
Dug, Marketing and Outreach Coordinator, has been increasing his outreach work this week and has been attending and speaking at a number of events. It is not practical for Dug to create or attend meet ups around the globe so we are once again looking to the community to help us spread the SAFE Network word. The long term vision is to have meet ups in every major city around the world. More information on this can be found on this forum thread and if you would like to lead or set up a Meet Up locally please contact Dug Campbell (outreach@maidsafe.net).
The front-end team and Shona have been working hard in the last few months and have now released UX Guidelines. We hope that this will be helpful for app developers and we will continue to see several new and exciting apps being developed on the SAFE Network.
Following the development of Peruse Browser earlier this year we have now released V0.4.0 with new features and functions. There has also been a new new version of the SAFE Browser released this month, v0.9.0.
Routing has been busy in the last few weeks and we have now outlined the milestones for implementations onto our workflow system (JIRA). Although this is still an ongoing process as we continuously improving the design. Steady progress is being made with tasks being picked off towards the DataChains first milestone.
Thanks for your continued support!
