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Criminals more reliant on cross-chain bridges than ever after mixer crackdowns

Cybercriminals have accelerated their shift away from crypto mixers for cross-chain bridges over the past year, according to blockchain forensics firm Elliptic.In June and July, nearly all of the crypto stolen was laundered through cross-chain bridges, Elliptic’s data shows a complete reversal from the first half of 2022. In a Sept.

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Ethereum’s Shanghai upgrade made it easier to detect criminals

With its historic Merge event in September, Ethereum has become a proof-of-stake blockchain. The mechanism now used to confirm transactions relies on validators staking their Ether (ETH). Ethereum’s March upgrade, codenamed Shanghai, finally enabled stakers to withdraw their locked Ether. The Ethereum ecosystem’s “investment themes” have included a) decentralized finance (DeFi)

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Bitcoin cleans up the environment and helps catch criminals: US Senator Cynthia Lummis

United States Republican Senator Cynthia Lummis of Wyoming held a fireside chat with the founder and CEO of the Chamber of Digital Commerce, Perianne Boring, during the Bitcoin 2023 event in Miami on May 19.The topics of discussion were the importance of Bitcoin (BTC) to U.S. national and energy security and

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North Korea and criminals are using DeFi services for money laundering — US Treasury

A new report from the United States Treasury Department analyzing decentralized finance concluded that actors from the Democratic People’s Republic of Korea as well as other scammers are able to exploit vulnerabilities to facilitate money laundering.In its ‘Illicit Finance Risk Assessment of Decentralized Finance’ report released on April 6, the

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Debunking Crypto Myths With Binance! The Myth of Crypto Being Mainly Used by Criminals – Sponsored Bitcoin News

sponsored The world of cryptocurrencies and blockchain has exploded in recent years. However, a lack of understanding surrounding this technology has led to a number of false beliefs and misconceptions, causing many people to approach digital assets with unwarranted suspicion and uncertainty. To combat this, Binance has made it part

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