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Men charged by U.S. with laundering more than $1B in cryptocurrency
Hundreds of millions of dollars were laundered for a North Korean hacking group, Justice Department says Federal authorities on Wednesday charged two men with running a massive money-laundering scheme that allegedly handled more than $1 billion in illegal transactions, including moving hundreds of millions of dollars worth of cryptocurrency for North Korean hackers linked to…
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Crypto phishing scams: How users can stay protected
In the fast-paced and ever-evolving world of cryptocurrency, where digital assets are exchanged, and fortunes can be made, a lurking danger threatens the safety of both seasoned investors and newcomers alike: crypto phishing scams. These schemes are designed to exploit the trust and vulnerability of individuals, aiming to trick them into revealing their sensitive information…
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Bitcoin price could reach $45,000 due to rising gold price, says JPMorgan
The current gold price of nearly $2,000 per ounce would imply a bitcoin price of $45,000, according to JPMorgan analysts, as the two assets tend to move in tandem and are seen as alternatives by investors. “With the gold price rising above $2,000, the value of gold held for investment purposes outside central banks is…