Crypto
The global KYC crusade against Bitcoin and crypto user privacy
When it comes to the regulation of the Bitcoin (BTC) and crypto industry, user privacy is one of the key areas that governments are trying to address in order to maintain control over businesses and citizens, also known as taxpayers.
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Top Bitcoin technology trends in 2023 for non-tech people
Given Bitcoin's decentralized nature, tracking all its developments can be quite challenging. Nevertheless, certain fresh solutions, alongside those already familiar, have garnered more attention this year compared to others. Let's take a quick look at a few of them.
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What does the latest friend.tech hype say about crypto friends?
In a market that‘s otherwise lukewarm, the crowd of adrenaline-seeking and profit-hungry crypto players has stumbled upon a new toy for speculation.
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Crypto exchange Poloniex hacked, offers 5% bounty on $114M stolen
After suspicious outflows of $114 million, cryptocurrency exchange Poloniex has confirmed that it has been hacked. Poloniex investor Justin Sun offered a 5% white hacker bounty. However, the adversary seems to be the notorious Lazarus Group from North Korea.
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Ukraine and EU unite to smash crypto crime ring
Police from across Europe have joined forces to shut down an online cryptocurrency scam that defrauded victims out of millions of euros.
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Bittrex crypto scam targets defunct platform’s ex clients
A novel phishing scam that tried to trick former customers of Bittrex into parting with credentials to ‘rescue’ outstanding funds deposited with the bankrupt platform has been exposed.
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Bitcoin ATM operator CoinFlip breach exposes thousands
CoinFlip, a Bitcoin ATM operator and owner of the financial services app Olliv, fell victim to a hacker attack that exposed over 36,000 of the company’s clients.
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$1.89B stolen from crypto investors in 2023
Cryptocurrency heists have cost users $1.89 billion this year alone, according to fresh data. The findings echo recent research into crimes targeting Web 3.0.
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Most NFTs are now worthless, report says
The NFT bubble has burst, according to an analysis of 73,257 collections that showed 95% of them to be worthless.
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$200 million stolen in Hong Kong crypto heist
Mixin, a Hong Kong-based crypto company, announced that it was halting deposits and withdrawals for users after $200 million were stolen from its network.
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Lazarus steals $41M from virtual betting site
North Korean threat group Lazarus bilked online gambling platform Stake.com out of a cool $41 million in cryptocurrencies including Ethereum, the FBI says.
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Using a password manager to secure Bitcoin
Is it wise to store private crypto keys in password managers?
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LastPass under fire again as users report stolen crypto keys and losses
Repercussions from the 2022 LastPass hacks continue to linger. The company is now facing a new barrage of allegations tied to compromised data and stolen crypto funds.
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Jail for crypto thief who hacked SIM cards to steal $20M
A cryptocurrency thief who used the so-called SIM-swapping technique to hijack target mobile phone accounts and rob victims of $20 million has been jailed for three years.
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Buried gold, burning trash: US couple admits to hiding hacked crypto
A husband-and-wife duo pleads guilty in an elaborate scheme to launder stolen money from a 2016 crypto hack involving Bitfinex, buried gold coins, and burning documents.
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Bitcoin could be in danger as quantum computing advances
Is Bitcoin in danger? Current achievements in quantum computing suggest that the grandaddy of cryptocurrencies may not survive the current decade.
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Solana heist suspect to stand trial in New York
New York authorities have recorded a second indictment in as many days of a suspect accused of cryptocurrency fraud. In this case the defendant was initially hired to protect against the very crime he is alleged to have committed.
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FTX wants to revive international crypto exchange
Bankrupt FTX is in talks to revive its flagship international crypto exchange, while a US judge denies its founder, Sam Bankman-Fried, a bid to throw out fraud charges against him.
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Crypto malware ring targeting Canada busted in Ukraine
The criminals operated in a rented office space and demanded that new staff members take a polygraph test, Ukrainian authorities claim.
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Musk's Dogecoin insider trading suit likely to proceed
A federal judge says the insider trading lawsuit against Elon Musk for publicizing and then profiting off the sale of Dogecoin cryptocurrency can likely proceed.
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