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Ukrainian Police Bust Crypto Call Centers Defrauding Investors Across Europe

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Ukrainian investigators have exposed a scheme targeting residents of the country and the European Union with various financial scams, including some related to cryptocurrencies. The criminal organization members contacted their victims through call centers to collect personal financial information. Fake Ukrainian Call Centers Promise Foreigners Excess Profits From Crypto Trading Officers from the Main Investigative … Read more

Bitcoin’s Mining Difficulty Change Prints 2022’s Second Largest Increase — Metric Nears All-Time High

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On Wednesday, Bitcoin’s mining difficulty jumped 9.26% higher, recording the second highest difficulty rise in 2022. The latest rise is Bitcoin’s third difficulty increase since August 4, 2022, and it’s now 11.63% harder to find bitcoin block reward. Bitcoin Difficulty Jumps 9.26% — Metric Prints the Second Largest Rise This Year Bitcoin (BTC) has experienced … Read more

Sideways Trading for Bitcoin and Ethereum Continues as Global Crypto Market Remains Below $1 Trillion

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Cryptocurrency markets continue to trade sideways this week after last weekend’s correction. While support for major digital assets like BTC and ETH holds, the global crypto market remains below the $1 trillion range, suggesting that the bears are still in control. August has been a weak month for BTC and ETH markets, as Bitcoin failed … Read more

FBI Warns About Decentralized Finance Exploits and the Losses Associated With Them

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The United States Federal Bureau of Investigation (FBI) has issued a public service announcement about exploits attackers have recently used to steal cryptocurrency from investors that put money on decentralized finance (defi) platforms. The organization also advised crypto investors to do their own research and verify that the decentralized finance platforms chosen were audited by … Read more

Fugitive Founder of Turkish Crypto Exchange Thodex Arrested in Albania

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Albanian authorities have detained the founder and chief executive of the Turkish cryptocurrency exchange Thodex, who allegedly fled Turkey with customer funds as the trading platform collapsed. Faruk Fatih Ozer was wanted for fraud with a red notice issued by Interpol. Albania Captures Alleged Crypto Fraudster, Prepares to Hand Him Over to Turkish Judiciary Police … Read more

Whale Spends 10,000 BTC Worth $203M, Bitcoins Stem From the Infamous 2011 Mt Gox Hack

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In two days’ time, bitcoin’s price dropped to fresh August lows as it dipped below the $20K per unit region for the first time since mid-July. During that time, two addresses created on December 19, 2013 sent 10,000 bitcoin worth $203 million to unknown wallets after sitting idle for close to nine years. Onchain data … Read more

Bitcoin and Ethereum Prices Continue to Recover After Weekend’s Correction, BTC at $20.3K, ETH Trading Above $1,550

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After trading at the $21k and $1,600 levels last week and crashing to the $19k and $1,400 range over the weekend, Bitcoin and Ethereum prices are recovering once again. This Tuesday, Bitcoin’s price is up 3%, trading back above $20k, while Ethereum is up 9%, trading at $1,584. With a significant rise in the 24-hour … Read more

Amid Colorado’s Gas Flare Ban, Report Shows Half Dozen Gas and Oil Firms Are Raking in a Lot of Bitcoin

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In November 2020, Colorado banned gas flaring, venting, and the release of raw gas into the atmosphere. While the centennial state has a large number of well sites, a recent report shows that roughly a half dozen Colorado oil and gas companies are leveraging gas-to-bitcoin flare mitigation systems and these firms are raking in a … Read more

Itau Unibanco Selected by Central Bank of Brazil to Build Real-Pegged Stablecoin Solution

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Itau Unibanco, one of the biggest bank conglomerates in Brazil, has been selected by the country’s central bank to develop a system with a stablecoin pegged to the value of the Brazilian real. Itau’s system was one of the eight proposals selected by the Central Bank of Brazil as part of LIFT Lab, an annual … Read more

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