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Crypto

Most bitcoin owners use them to speculate on crypto markets, survey finds

What do those who own bitcoins really spend them on?
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Man jailed for fake UN cryptocurrency claims

A fraudster who used a phony digital coin to con investors out of $600 million by convincing them they were helping to promote world peace has been jailed by a New York court.
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The Ethereum Big Merge: panacea for climate change or goldmine for scammers?

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The Ethereum Big Merge is coming soon, but will it help with climate change, and is there anything to worry about?
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US recovers $30m Lazarus Group stole in the Ronin hack

Blockchain analysts and the FBI helped to retrieve $30m worth of crypto North Korean hacker collective Lazarus Group stole from Axie Infinity in the Ronin exchange hack.
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Shiba Inu cloud credentials leaked online

Crypto token’s Shiba Inu Amazon Web Service (AWS) account credentials were exposed on a public code repository, researchers say.
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NBA announces Sorare "official NFT fantasy partner"

Sorare, a Paris-based company, will launch the NBA's first officially licensed NFT fantasy basketball game this fall – just in time for the 2022-2023 season.
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Crypto influencer runs Ponzi scheme in "awareness campaign"

"Crypto bros are far too gullible," influencer FatMan Terra said after collecting $100,000 worth of bitcoin in a murky investment scheme he pitched on Twitter. He said he refunded all the money he received – but faced backlash anyway.
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Hacker stole $185,000 worth of crypto Bill Murray raised for charity

The hacker drained 119.2 ethereum, or about $185,000, from Murray’s wallet just hours after he raised funds in an auction-style bidding war.
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Ukraine police arrest crypto-fraud suspects

Police in Ukraine have shut down a call center network allegedly run by cybercriminals who posed as legitimate dealers in cryptocurrency, gold, and oil to cheat people there and in the EU out of money.
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Latvian brought to US to face $7m crypto-fraud charges

A man has been extradited from Latvia to the US to stand trial for allegedly using fraudulent cryptocurrency offers to cheat investors out of millions of dollars, the Department of Justice (DoJ) announced.
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Telegram teases NFT-like marketplace

Reserved usernames, group, and channel links, as well as emojis and stickers, could be auctioned off on the messaging app’s blockchain-based marketplace.
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Hackers deepfaked top Binance executive to scam crypto projects

“I was not prepared for the onslaught of cyberattacks,” said Patrick Hillmann, Chief Communications Officer at Binance, who joined the company a year ago.
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NFTs worth $100 million stolen in past year, Elliptic says

Thieves stole over $100 million worth of non-fungible tokens in the year to July, as the fast-emerging digital asset became a new front in crypto's hacking problem.
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Crypto prices move in sync with Asian stocks, prompting regulation

Asia’s crypto trading was the main driver of a global crypto surge, leading to a higher correlation between blockchain and equity markets.
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Bitcoin ATMs hijacked by mystery threat actor

A cryptocurrency ATM manufacturer has been hacked by an unknown party in what could be a reprisal for its declared support for Ukraine against the Russian invasion.
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US bans virtual currency mixer Tornado Cash for its role in money laundering

The US Treasury sanctioned a notorious virtual currency mixer. Since 2019, it has been used to launder over $7 billion in virtual currency.
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Don't fall for it: Dogecoin has no official support account

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Has a Dogecoin ‘official support’ team contacted you? If so, ignore them – because the genuine Doge community has warned that it is a scam, stressing that it offers no such support service.
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Russian ex-con arrives in US to face crypto laundering charges

Computer wiz Alexander Vinnik has been extradited to the US not long after serving a jail term in France for money laundering.
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