Enforcement goes on with Bitzlato action: Law Decoded, Jan. 16–23
Anatoly Legkodymov, founder of China-based crypto firm Bitzlato, was arrested under suspicion of money laundering related to illicit Russian finance.
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Business
What is ethical hacking, and how does it work?
Ethical hacking is the practice of identifying and testing vulnerabilities in a system to improve its security and prevent unauthorized access.
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FTX lawyers: Examiner could cost $100M and ‘provide no benefit’
FTX lawyers, joint provisional liquidators of FTX US and the Bahamas and a committee of creditors have all opposed the appointment of an independent examiner.
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Bitcoin surges past $24,000 on CME launch of BTC event contracts
Bitcoin futures on CME have traded 550,000 contracts since inception.
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Secret Network validator shuts down nodes after leadership turmoil
An internal conflict at the privacy-focused Secret Network has resulted in at least one validator throwing in the towel.
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Swiss National Bank says it will support Credit Suisse if necessary
Swiss regulators reaffirm the soundness of the Swiss financial system, following recent concerns about Credit Suisse.
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Tether CTO denies borrowing from bankrupt lender Celsius
Celsius bankruptcy report by court-appointed examiner Shoba Pillay either has a typo, or a “mischaracterization,” Tether’s chief technology officer stated.
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Shiba Inu community divided over allegations of code, chain ID plagiarism
“I just want to know why, we, a billion dollar project that paid $10m dollars to develop our layer 2, have another projects Chain ID,” wrote one user.
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5 biggest economic bubbles in history
Economic bubbles occur when the price of an asset, such as stocks or real estate, is driven up artificially and becomes disconnected from its underlying value.
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Holding Bitcoin: A profitable affair 88.5% of days
Bitcoin’s historical price performance confirms that a hard limit on total supply and seamless global usability is critical to becoming a store of value.
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