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US Marshals Will Auction $40M in Bitcoin This Month

The U.S. Marshals Service is auctioning nearly $40 million in bitcoin, the first such auction since the end of 2018.

The Marshals will auction “approximately” 4,040 bitcoin, worth $37.7 million at press time, according to CoinDesk’s Bitcoin Price Index, to registered bidders on Feb. 18, the press release said. Potential bidders must register by Feb. 12.

“The auction will take place during a…

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#bitcoin #bitcoin auction #coindesk #Cryptoauction #News #TCRNews #thecryptoreport #US Marshals #US Marshals Service

New Post has been published on Bitcoin:Views

Cryptoauction Relaunch – Will it Help Bring Bitcoin Mainstream?

By Adam Hofman, bitcoinmagazine.com

Aimed at becoming the ‘eBay for Bitcoin,’ Cryptoauction was launched by Daryl Cusack in November 2013. Since then, we in the vast crypto-community have witnessed a plethora of events that have shifted focus toward expanding security. Some say these recent happenings, like the theft of Bitcoin from Flexcoin and the saga of Mt. Gox, may symbolize the end.

However, these incidents have enabled continued growth in transaction and personal security, and new innovations within the Bitcoin network. As cryptocurrencies are widely adopted, these events will have to be addressed, which will lead to a payment network that is stronger than ever, stable and sustainable.

#Bitcoin #Cryptoauction #Cryptocurrencies #Flexcoin