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Esteban Cabrera Da Corte in April pleaded guilty to participating in the 2020 scheme to steal millions of dollars worth of crypto and trick U.S. banks into refunding them. The 27-year-old Miami resident was also ordered to pay restitution of nearly $3.6 million and forfeiture of $1.2 million. Source
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Digital-asset markets are heating up, especially for blockchain tokens. In this week's Protocol issue, we highlight November's 19% jump in the CoinDesk Smart Contract Platforms Index (SMT), the biggest gain in 10 months. Original Source
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Recent weeks have seen a massive surge in digital asset investments, with inflows totaling $346 million, led by Bitcoin and Ethereum. Investments in digital asset products have surged recently, marking a significant trend in the crypto market. Last week, these products experienced an influx of $346 million in capital, setting a
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Tron founder Justin Sun’s crypto businesses have come under repeated attacks from hackers over the past two months, with at least four hacks on platforms related to the crypto entrepreneur.Sun’s HTX crypto exchange has been hacked at least twice since the platform rebranded from Huobi on Sept. 13, 2023. The
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Leading global crypto exchange Binance recently experienced a notable departure with Jennifer Hicks resigning from her position as the firm’s first anti-terrorism financial advisor. Hicks, who previously worked as a cybercrime investigator at Chainalysis and has a background in the U.S. Navy, joined Binance as Senior Manager of Intelligence and Investigations
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Cryptocurrency analyst Crypto Jebb predicted in a Nov. 17 YouTube video that Cardano’s ADA token could reach $0.90 within the next six months. In the video, Jebb lays out several reasons for his bullish outlook on ADA. ADA is currently trading at just $0.38, down 88% from its all-time high of
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The 90 day net change in the supply of the top four stablecoins has flipped positive, indicating an inflow of capital into the market. Source
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Big declines across the board prompted over $307 million in liquidations of leveraged crypto long positions – bets on higher prices – over the past 24 hours, data from CoinGlass shows. This was the largest amount of liquidated longs in a day since August 17, when bitcoin (BTC) plunged from
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Several former FTX executives have teamed up to help build a new cryptocurrency exchange in Dubai with a specific focus on what FTX failed to do — secure customer funds.Ex-FTX lawyer Can Sun is leading the way with Trek Labs, a Dubai-based startup that received a license to offer cryptocurrency
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With the Bitcoin halving just months away, MicroStrategy co-founder and Bitcoin bull Michael Saylor thinks that demand for BTC could grow by as much as 10X by the end of 2024. During a speech at the 2023 Australia Crypto Convention on Nov. 10, Saylor was asked to give his outlook
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