Auction News

An auction is public trade of different kinds of goods and assets. An auction is organized with rules set in advanced that can differ from auction to auction. Nevertheless, one common thing for every event like this is competition between potential buyers in order to find the winner of the auction. Competition is necessary, as initially the price for the displayed product is lower than its market price. As well as other things, cryptocurrency can be sold in an auction and BTC auctions are popular, as almost everybody can afford to buy them there. Usually, it is Bitcoin that had been confiscated from criminals and sold in a police or FBI Bitcoin auction. In 2016, there began a daily Gemini auction of Bitcoin for dollars, which the exchange platform launched.

Crypto Auctions: Where Do Arrested Bitcoins End Up?

Crypto Auctions: Where Do Arrested Bitcoins End Up?

APR 29, 2018 | by Robin La Quercia

Seizure of Crypto, what governments and police do with arrested Bitcoins.

  27287   |     1
DomRaider Looking to Revolutionize Auctions Through Blockchain

DomRaider Looking to Revolutionize Auctions Through Blockchain

SEP 12, 2017 | by Jon Buck

DomRaider is a successful business seeking to create new and innovative Blockchain solutions for auction management.

  11799   |     2
Gemini Exchange All Set to Host Daily Ether Auctions Starting Friday

Gemini Exchange All Set to Host Daily Ether Auctions Starting Friday

JUL 28, 2017 | by Joshua Althauser

Gemini, digital currency exchange based in New York, announced the launching of their daily ...

  17449   |     3
South Korean Government to Auction 216 Bitcoins Later This Year

South Korean Government to Auction 216 Bitcoins Later This Year

JUN 21, 2017 | by Anthony Coggine

South Korean government is set to auction off 216 Bitcoins at lower market rate later this year after seizing it from suspects of illegal activities.

  7343   |     1
Gemini Brings Regulated Bitcoin Exchanges to HK and Singapore

Gemini Brings Regulated Bitcoin Exchanges to HK and Singapore

OCT 03, 2016 | by Joseph Young

Gemini, a regulated Bitcoin exchange founded by the Winklevoss Twins, is officially expanding its services to Hong Kong and Singapore.

  677   |  
Winklevoss’s Gemini Launches First-Ever Daily Bitcoin Auctions

Winklevoss’s Gemini Launches First-Ever Daily Bitcoin Auctions

SEP 21, 2016 | by Evander Smart

Gemini exchange, based out of New York’s Flatiron District, is launching what may be a first within the Bitcoin ecosystem - daily Bitcoin auctions.

  595   |  
$1.6Mln Bitcoin Auctioned Off in US: Will Bitcoin Price Increase?

$1.6Mln Bitcoin Auctioned Off in US: Will Bitcoin Price Increase?

AUG 11, 2016 | by Angus Leung

The US Marshals service will be auctioning $1.6 million worth of Bitcoin from various cases on August 22. Will Bitcoin price increase?

  735   |  
$16 Million Worth of Bitcoin Auctioned in Australia

$16 Million Worth of Bitcoin Auctioned in Australia

JUN 29, 2016 | by Olusegun Ogundeji

Financial services firm Ernst and Young has announced it has successfully auctioned off 24,518 Bitcoins at a closed international auction which ended on June 21...

  403   |  
Australia to Auction $11.49 Million Worth of Bitcoins Confiscated After the Closure of Silk Road

Australia to Auction $11.49 Million Worth of Bitcoins Confiscated After the Closure of Silk Road

MAY 31, 2016 | by Olusegun Ogundeji

Global assurance, tax and advisory services firm, Ernst & Young, will facilitate a first-of-its-kind Bitcoin sale process in Australia on June 20.

  779   |  
The First and Most Reputable BTC Escrow Is For Sale

The First and Most Reputable BTC Escrow Is For Sale

DEC 25, 2015 | by Martin Rojko

BTCrow.com, the oldest and most reputable bitcoin escrow service in the market, is for sale.

  725   |     1
U.S. Marshals Hold Final Auction of Silk Road Bitcoins (for Cash Only)

U.S. Marshals Hold Final Auction of Silk Road Bitcoins (for Cash Only)

OCT 06, 2015 | by Joseph Young

The U.S. Marshals Service has announced the final auction of 44,341 BTC seized from Ross Ulbricht during the Silk Road investigation, which will take place duri...

  341   |  
50,000 of Ulbricht’s Bitcoins up for Auction by US Govt, Auernheimer Stakes Claim

50,000 of Ulbricht’s Bitcoins up for Auction by US Govt, Auernheimer Stakes Claim

FEB 19, 2015 | by William Suberg

The US is set to sell off 50,000 bitcoins previously owned by jailed Silk Road founder Ross Ulbricht in a sealed auction, it has been announced.

  238   |  
The first Anniversary Auction

The first Anniversary Auction

FEB 11, 2015 | by Cointelegraph

We are delighted announce what is a rather significant event for us. Today, February 11, CT is celebrating one year since it was founded.

  184   |  
Bitcoin Trust Wins Majority of US Marshal Auction, Tim Draper Gets the Rest

Bitcoin Trust Wins Majority of US Marshal Auction, Tim Draper Gets the Rest

DEC 09, 2014 | by Ian DeMartino

The Bitcoin Investment Trust announced that it has won the majority of the auction, 19 of the total 20 “blocks” were picked up by the trust, totaling 48,000 bit...

  195   |  
Winner Will Grab 50,000 Bitcoins in Second US Marshals Auction

Winner Will Grab 50,000 Bitcoins in Second US Marshals Auction

DEC 04, 2014 | by Armand Tanzarian

The US Marshals Service is auctioning off another 50,000 bitcoins seized from last year’s Silk Road bust. The auction for eligible bidders closes at 2 p.m. EST ...

  146   |  
Crypto Auctions: Where Do Arrested Bitcoins End Up?

Crypto Auctions: Where Do Arrested Bitcoins End Up?

APR 29, 2018 | by Robin La Quercia

Seizure of Crypto, what governments and police do with arrested Bitcoins.

  27287   |     1
Gemini Exchange All Set to Host Daily Ether Auctions Starting Friday

Gemini Exchange All Set to Host Daily Ether Auctions Starting Friday

JUL 28, 2017 | by Joshua Althauser

Gemini, digital currency exchange based in New York, announced the launching of their daily ...

  17449   |     3
DomRaider Looking to Revolutionize Auctions Through Blockchain

DomRaider Looking to Revolutionize Auctions Through Blockchain

SEP 12, 2017 | by Jon Buck

DomRaider is a successful business seeking to create new and innovative Blockchain solutions for auction management.

  11799   |     2
South Korean Government to Auction 216 Bitcoins Later This Year

South Korean Government to Auction 216 Bitcoins Later This Year

JUN 21, 2017 | by Anthony Coggine

South Korean government is set to auction off 216 Bitcoins at lower market rate later this year after seizing it from suspects of illegal activities.

  7343   |     1
Australia to Auction $11.49 Million Worth of Bitcoins Confiscated After the Closure of Silk Road

Australia to Auction $11.49 Million Worth of Bitcoins Confiscated After the Closure of Silk Road

MAY 31, 2016 | by Olusegun Ogundeji

Global assurance, tax and advisory services firm, Ernst & Young, will facilitate a first-of-its-kind Bitcoin sale process in Australia on June 20.

  779   |  
$1.6Mln Bitcoin Auctioned Off in US: Will Bitcoin Price Increase?

$1.6Mln Bitcoin Auctioned Off in US: Will Bitcoin Price Increase?

AUG 11, 2016 | by Angus Leung

The US Marshals service will be auctioning $1.6 million worth of Bitcoin from various cases on August 22. Will Bitcoin price increase?

  735   |  
The First and Most Reputable BTC Escrow Is For Sale

The First and Most Reputable BTC Escrow Is For Sale

DEC 25, 2015 | by Martin Rojko

BTCrow.com, the oldest and most reputable bitcoin escrow service in the market, is for sale.

  725   |     1
Gemini Brings Regulated Bitcoin Exchanges to HK and Singapore

Gemini Brings Regulated Bitcoin Exchanges to HK and Singapore

OCT 03, 2016 | by Joseph Young

Gemini, a regulated Bitcoin exchange founded by the Winklevoss Twins, is officially expanding its services to Hong Kong and Singapore.

  677   |  
Winklevoss’s Gemini Launches First-Ever Daily Bitcoin Auctions

Winklevoss’s Gemini Launches First-Ever Daily Bitcoin Auctions

SEP 21, 2016 | by Evander Smart

Gemini exchange, based out of New York’s Flatiron District, is launching what may be a first within the Bitcoin ecosystem - daily Bitcoin auctions.

  595   |  
$16 Million Worth of Bitcoin Auctioned in Australia

$16 Million Worth of Bitcoin Auctioned in Australia

JUN 29, 2016 | by Olusegun Ogundeji

Financial services firm Ernst and Young has announced it has successfully auctioned off 24,518 Bitcoins at a closed international auction which ended on June 21...

  403   |  
U.S. Marshals Hold Final Auction of Silk Road Bitcoins (for Cash Only)

U.S. Marshals Hold Final Auction of Silk Road Bitcoins (for Cash Only)

OCT 06, 2015 | by Joseph Young

The U.S. Marshals Service has announced the final auction of 44,341 BTC seized from Ross Ulbricht during the Silk Road investigation, which will take place duri...

  341   |  
50,000 of Ulbricht’s Bitcoins up for Auction by US Govt, Auernheimer Stakes Claim

50,000 of Ulbricht’s Bitcoins up for Auction by US Govt, Auernheimer Stakes Claim

FEB 19, 2015 | by William Suberg

The US is set to sell off 50,000 bitcoins previously owned by jailed Silk Road founder Ross Ulbricht in a sealed auction, it has been announced.

  238   |  
Bitcoin Trust Wins Majority of US Marshal Auction, Tim Draper Gets the Rest

Bitcoin Trust Wins Majority of US Marshal Auction, Tim Draper Gets the Rest

DEC 09, 2014 | by Ian DeMartino

The Bitcoin Investment Trust announced that it has won the majority of the auction, 19 of the total 20 “blocks” were picked up by the trust, totaling 48,000 bit...

  195   |  
The first Anniversary Auction

The first Anniversary Auction

FEB 11, 2015 | by Cointelegraph

We are delighted announce what is a rather significant event for us. Today, February 11, CT is celebrating one year since it was founded.

  184   |  
Australian Authorities About to Sell at Auction 24,500 BTC Confiscated From Silk Road Drug Dealer

Australian Authorities About to Sell at Auction 24,500 BTC Confiscated From Silk Road Drug Dealer

OCT 31, 2014 | by Diana Ngo

An Australian Silk Road drug dealer was sentenced today to 11 years of prison for commercial trafficking. Local authorities are about to sell at auction nearly ...

  182   |