ChainFabricNews

Image source: Cryptoninjas  New Zealand has recently made headlines by banning all cryptocurrency ATMs across the country. This bold move is part of the government’s effort to strengthen its fight against money laundering and illegal financial activities. While the decision has sparked debate among crypto enthusiasts, officials believe it’s an essential step to protect the financial system and ensure transparency. Why Were Crypto ATMs Banned? For years, cryptocurrency ATMs offered an easy way for people to buy and sell digital assets using cash. However, these machines also became a loophole for criminals to convert illicit money into untraceable cryptocurrency. According to government reports, more than 220 crypto ATMs were operating in convenience stores, fuel stations, and other public spaces across New Zealand. Authorities discovered that some of these ATMs were used for high-value money laundering schemes , including drug trafficking and fraud. In one alarming case, over ...

Image source: Brave New Coin  The UK’s crypto market has just witnessed a major milestone. London-based artificial intelligence company Satsuma Technology has successfully raised £100 million (approximately $135 million) to build the largest corporate Bitcoin treasury in the country. This move not only sets a record but also signals growing confidence among UK businesses in adopting Bitcoin as a strategic asset. A Historic Fundraising Round The fundraising was conducted through a secured convertible loan note offering, which was oversubscribed due to strong investor interest. According to company sources, the funds will be fully deployed within two weeks. Once converted into Bitcoin, Satsuma is expected to become the second-largest corporate Bitcoin holder in the UK , just behind The Smarter Web Company, which already holds around 1,600 BTC worth nearly $190 million. Why This Matters Satsuma Technology’s vision goes beyond just holding Bitcoin. The company is focused on blend...

Image source: Yahoo Finance In mid‑July 2025, a single Bitcoin whale made headlines by selling a staggering 80,000 BTC —worth nearly $9.6 billion —which had originally been purchased over a decade ago for just $54,000. This blockbuster move ranks among the most profitable trades in crypto history, reflecting both massive early conviction and timing that couldn’t be more opportune The Economic Times +14 Tom's Hardware +14 Business Insider +14 . A Trade Two Decades in the Making What makes this sale remarkable isn’t just the size, but the extraordinary return—roughly 18 million percent over 14 years, translating to a compound annual return of around 145% . Another whale also sold a similar amount, earning billions on a $210,000 initial purchase in 2014. These monumental profits have cast the spotlight on what analysts are calling the peak of “BTC whaling season” in July 2025 Tom's Hardware . Such whale activity sends a powerful signal to markets. On one hand, it shows that ea...