Crypto
Current state of quantum technology: all you need to know
As scientists across the world express their excitement about the development of quantum technology, others are worried about the dangers it poses to today’s encryption and the potential benefits it could offer to cybercriminals.
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Bitzlato founder arrested for laundering $700m in crypto
US authorities arrested Russian national Anatoly Legkodymov, founder of Bitzlato crypto exchange known for assisting money laundering.
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FTX admits $400m hack but declares $5.5bn in digital assets
Despite admitting to being hacked to the tune of more than $400 million, liquidated cryptocurrency platform FTX says it has $1.7 billion in cash, $3.5 billion in crypto assets, and $0.3 billion in securities.
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Leaked Nexo Co-Founder email accuses company of fraud
A cryptocurrency firm under investigation for malpractice has been further incriminated by a leaked email in which one of its founders claims the company engaged in fraudulent activity for years.
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Illicit crypto transactions hit all-time high despite market downturn
Chainalysis's most recent report shows that illicit cryptocurrency transaction volume surged for the second year in a row, reaching an all-time high of $20.1 billion.
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US judge rules bankrupt Celsius Network owns most customer crypto accounts
A US federal bankruptcy judge ruled on Wednesday that cryptocurrency deposited by customers into the now-bankrupt Celsius Network lending platform belongs to the firm, hence ruling against thousands of customers in line for repayment.
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Binance pauses withdrawals after Ankr hack
Binance CEO Changpeng Zhao said the crypto exchange has paused withdrawals after Ankr and Hay were hacked.
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Matt Wallace upsets crypto community: what will he pump and dump next?
Musk super-adorer entrepreneur and social media personality Matt Wallace is stirring things up in the Dogecoin community using his influential Twitter account to make wild claims.
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Cyber pet peeve: hackers stole my crypto account
Scams come thick and fast in the world of crypto – so how do you stay safe?
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Swindler duo jailed for stealing from crypto bosses
Two Massachusetts men targeted heads of crypto companies or anyone else loaded with digital currency.
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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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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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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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Crypto scammers posing as Elon Musk briefly hack Imran Khan’s Instagram account
The former prime minister of Pakistan had his account compromised in an attempt to use two prominent individuals with high social media followings to defraud more people.
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Doge community follow crumbs to uncover a Ponzi scheme
Unusual transactions on the Dogecoin blockchain led the community to a discovery of an alleged Ponzi scheme.
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Fake crypto apps defraud investors to the tune of $42.7m
More than two hundred victims have been scammed out of millions of dollars by fraudulent apps offering bogus investment schemes in cryptocurrency, the FBI has warned.
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World’s largest NFT marketplace cuts 20% of its staff
Non-fungible token (NFT) marketplace OpenSea has fired 20% of its workforce to reduce costs.
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QAnon cryptocurrency scam defrauds victims of millions
QAnon-affiliated Telegram channels were reportedly used to swindle followers out of millions of dollars via cryptocurrency scams.
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Coinbase to fire 1,100 employees amid crypto crash
Cryptocurrency exchange platform Coinbase will slash approximately 18% of its global workforce.
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