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A New York federal judge has denied an Ethereum developer’s motion to dismiss criminal charges over allegations he assisted the North Korean regime to bypass U.S. sanctions.The developer and former-hacker, Virgil Griffith, is accused of helping North Korea evade economic sanctions by delivering a speech during a Pyongyang blockchain conference
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NexTech's Evan Gappelberg is the latest CEO to use company treasury funds to buy bitcoin. Source
Read MoreVirgil Griffith, the former Ethereum Foundation researcher accused of conspiring to violate U.S. sanctions against the Democratic People's Republic of Korea, filed a motion on Thursday to dismiss the charge against him on the grounds that prosecutors from the Southern District of New York have failed to properly state Griffith’s
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Crypto mining operator Core Scientific is set to become the first North American cooperative repair center for major crypto mining hardware manufacturer, Bitmain.According to an announcement shared with Cryptox, the company will offer repair services for Bitmain’s machines. The company says that this will reduce costs associated with shipping hardware
Read MoreChina’s mining giant Bitmain has entered a new partnership to streamline its operations in North America.As Bitmain officially announced on Sept. 10, the company has officially partnered with Foundry, a wholly-owned crypto mining subsidiary of major cryptocurrency firm, Digital Currency Group, or DCG. Within the partnership, Foundry will provide financing
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Prosecutors say the 280 accounts hold crypto stolen from two exchange hacks last year. Source
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A group of hackers associated with the North Korean regime have kept their crypto extortion efforts alive in 2020.A group of North Korean hackers operating under the name “Lazarus” targeted several crypto exchanges last year, according to a report published by Chainalysis.One of the attacks involved the creation of a
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Ethereum Foundation researcher Virgil Griffith plans to request changes to a court case against him — the result of a trip to North Korea.Griffith “will now seek to get the case moved for lack of venue out of the U.S. District Court for the Southern District of New York,” the
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Bitcoin’s PoW miners continue to dominate the cryptocurrency mining industry both in terms of total revenue and total security spending. Bitcoin miners received $5.5bn in total block rewards, $5.2bn (94.8%) of which were newly minted coins, and $284m (5.2%) of which were transaction fees.These days, almost everyone in crypto-space is
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