Crypto

"AI would've invented Bitcoin": is BTC and AI a match made in heaven?

While some Bitcoin (BTC) projects have already started exploring the use of artificial intelligence (AI)-powered solutions, the next major breakthrough may arise from the reverse scenario: AI harnessing the Bitcoin network, blockchain, and its native asset, BTC.
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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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Paxos admits to bug that charged Bitcoin owner $500k in transfer fees

Paxos has admitted its responsibility for a glitch that caused a hapless Bitcoin owner to be charged around half a million dollars on a $2,000 transaction in cryptocurrency.
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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

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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

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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

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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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