CryptoNews

Cybercriminals Use Dexs and Crypto Cross-Chain Services to Launder $7 Billion — Elliptic – Security Bitcoin News

October 11, 2023
According to the findings of a research study by Elliptic, cybercriminals are believed to have used crypto cross-chain bridges and coin swap services to launder $7 billion worth of “illicit or high-risk funds.” The Lazarus Group, a cybercriminal organization said to be backed by North Korea, is “responsible for $900 million of cross-chain crime.” Bad Actors Exploiting Dexs and Cross-Chain…
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Ethereum Foundation Trades 1,700 ETH for $2.76 Million in USDC – Bitcoin News

October 10, 2023
Blockchain sleuths spotted the Ethereum Foundation trading 1,700 ETH for a hefty $2.76 million in USDC stablecoins. This comes hot on the heels of Ethereum’s co-founder, Vitalik Buterin, transferring a cool $3.79 million in ether within a mere ten days. Ethereum Foundation Parts With Ethereum in $2.76 Million Stablecoin Deal Through the decentralized platform, Uniswap, the Ethereum Foundation…
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Biggest Movers: SHIB Hits 4-Month Low, as Red Wave Washes Over Crypto – Market Updates Bitcoin News

October 10, 2023
Shiba inu was a notable mover on Monday, as the meme coin fell by as much as 5% to start the week. Today’s decline comes as traders moved away from high-risk assets, in favor of safe-havens like gold. XRP also dropped in today’s session, hitting a three-week low in the process. Shiba Inu (SHIB) Shiba inu (SHIB) fell to a multi-month low to start the week, as markets slipped due to growing…
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Berkshire Vice Chair Charlie Munger Warns Most Crypto Investments Will Go to Zero – Featured Bitcoin News

October 9, 2023
Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, has expressed his belief that the majority of cryptocurrency investments will become worthless. Regarding bitcoin, the executive opined: “That was the stupidest investment I ever saw.” Charlie Munger Continues to Slam Crypto Berkshire Hathaway Vice Chairman Charlie Munger expressed criticism toward…
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