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Canadian Police Seize Bitcoin Worth $28 Million From Former Government Employee in Ransomware Case – Regulation Bitcoin News

Canada’s police have seized bitcoin worth more than $28 million from a former government employee who has been extradited to the U.S. to “face charges for dozens of ransomware attacks resulting in the payment of tens of millions of dollars in ransoms.” Canadian Authority Seizes Bitcoin Worth $28 Million The U.S. Department

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Ukraine Buys Military Gear Worth $15M Using Crypto Donations

Quick take: Ukraine has purchased military gear with $15 million from crypto donations The supplies include bulletproof vests, night vision goggles, medical equipment, and military-grade food rations Total crypto donations to Ukraine have exceeded $64.6 million Ukraine’s Vice Prime Minister, Mykhailo Fedorov, is optimistic donations will hit $100 million this week Ukraine has reportedly utilized

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Phillips Auction Featuring Basquiat Painting Worth $70M to Accept Bitcoin, Ethereum Payments – Bitcoin News

On May 18, the auction house Phillips will be hosting an evening sale featuring the work of the American artist Jean-Michel Basquiat. Phillips’ Evening Sale of 20th Century & Contemporary Art will auction Basquiat’s “Untitled, 1982” piece worth an estimated $70 million. According to the announcement, Phillips has revealed the

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Network Nears 2 Million ETH Burned Worth Over $6.9 Billion – Technology Bitcoin News

Approximately 205 days ago, the Ethereum network upgraded via the London hard fork which implemented the packaged Ethereum Improvement Proposal (EIP) 1559. Since then, the EIP-1559 upgrade made it so a fraction of gas is destroyed during the transaction process and to date, 1,915,220 ether has been burned worth over

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Sequoia Capital launches crypto fund worth up to $600M

American venture capital firm Sequoia Capital has launched a new cryptocurrency fund as part of its ongoing efforts to bootstrap the next generation of blockchain-focused startups.Bloomberg reported Thursday that Sequoia is allocating up to $600 million towards the new sector-specific fund. Shaun Maguire, a partner at Sequoia, described crypto as

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