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Blockchain analytics company Arkham Intelligence claims to know the specific wallets holding Tesla’s and SpaceX’s bitcoin. Once thought to simply be held by a corporate custodian with impeccable privacy practices, analysts at Arkham claim that they have now uncovered Tesla’s 68 and SpaceX’s 28 bitcoin wallets. According to its dashboard, Tesla currently owns 11,509 Bitcoin worth $775 million at time of publication while SpaceX ’s dashboard shows 8,285 Bitcoin worth $558 million. Coinbase’s prime custody controls all of these wallets on behalf of Tesla and SpaceX . Elon Musk apparently replaced Tesla stock tweets with Bitcoin bait Read more: Elon Musk promised to fund Dogecoin, now the foundation accounts are overdue Here’s when Elon Musk got too scared to hodl Tesla’s bitcoin If Arkham has correctly identified the Coinbase custodial wallets, it knows exactly when Musk authorized sales of Tesla’s bitcoin. ( Tesla purchased precisely $1.5 billion worth of bitcoin in January ...

Senator Warren claims the Trump Administration “gave a green light” to allow for a cryptocurrency market full of junk tokens, rug pulls and ponzi schemes. United States Senator and crypto skeptic Elizabeth Warren wants the Securities Exchange Commission (SEC) to “double down” on its crypto enforcement efforts, highlighting that the cryptocurrency industry is running “scared” for what’s to come next. Warren’s comments came from an interview with American Economic Liberties Projects on Jan. 25. The Senator opined that since Gensler was sworn in as SEC Chairman in April, 2021, the Commission “has made a good start” on fixing some of the problems created by the former SEC leaders under the Trump Administration. Senator Elizabeth Warren wants Congress to deploy more authorities and resources to help the SEC crackdown on the cryptocurrency industry participants. Source: Reuters. Warren claimed that the previous SEC administration “essentially gave the green light” to open up a cryptocurren...