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Queens Bitcoin Heist: Seven Charged With Grand Larceny and Money Laundering

Seven individuals have reportedly been indicted on charges of grand larceny, money laundering, and identity theft for stealing $300,000 in bitcoin from a Queens auto body shop owner. The victim’s…

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Cornell Professor Warns of Growing Crypto Risks Amid Misleading Promises and Hype

A professor at Cornell University’s Dyson School, Eswar Prasad, has raised concerns about the increasing risks in the cryptocurrency market, pointing to regulatory gaps and centralization as key issues. “If…

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SEC Addresses Final Court Ruling in Ripple Case, Highlights Key Outcomes

The U.S. Securities and Exchange Commission (SEC) has addressed District Judge Analisa Torres’ ruling in the Ripple case over XRP, emphasizing the substantial financial penalties imposed on the crypto firm…

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Putin Signs Law to Regulate Crypto Mining in Russia

Russian President Vladimir Putin has enacted legislation to formally regulate the cryptocurrency mining sector in Russia, with the law set to take effect in November. This legislation establishes a regulated…

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Solana Gains Ground on Ethereum and Bitcoin in 2024

Over the past week, there’s been a buzz among market watchers about solana’s performance against BTC, especially when compared to ether. Since the year kicked off, ether has tumbled over…

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Spot Bitcoin and Ethereum ETFs Shed Millions in Friday Trading

During Friday’s trading sessions, U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) experienced significant outflows, with $89.73 million exiting the BTC ETFs and $15.71 million flowing out of the ETH…

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Over a Dozen 11-Year-Old Bitcoin Wallets Awaken, Transferring Millions

In recent days, as bitcoin edged past the $60,000 mark after dipping below $50,000 on Monday, Aug. 5, a couple of intriguing dormant bitcoin transfers have surfaced from wallets established…

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Wazirx to Reverse All Trades Made After Withdrawal Freeze

Indian crypto exchange Wazirx has decided to reverse all trades made after withdrawals were halted following the recent cyberattack. The exchange announced that this process will take place over the…

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Milei’s Government Creates ‘Minority Report’ AI Unit to Predict Crimes in Argentina

The government of President Javier Milei has created a security-focused artificial intelligence (AI) unit that will use learning algorithms and other technologies to supervise the internet and predict crimes before…

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