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Tag: Cryptocurrency

David Sacks to lead Trump’s AI and crypto initiatives

David Sacks, venture capitalist and podcast host, was appointed by Trump as AI and crypto czar, aiming to advance U.S. leadership in both fields.

Bitcoin hits US$100,000 milestone

Bitcoin surpasses US$100,000 following Trump’s election win and pro-crypto policies, marking a historic milestone in cryptocurrency’s journey.

Bybit says mainland Chinese can trade through VPN, but yuan transactions remain restricted

Bybit lets mainland Chinese trade via VPN but bans yuan transactions, focusing on global growth and compliance despite regulatory hurdles.

Avenir CRYPTO unveils US$500 million initiative to lead global crypto innovation

Avenir CRYPTO’s US$500M initiative tackles market fragmentation and boosts crypto trading innovation at its flagship event in Singapore.

Ohio man guilty of Bitcoin laundering to forfeit over US$400 million in assets

Ohio man Larry Dean Harmon was sentenced to 3 years for Bitcoin laundering and forfeiting US$400M+ in assets, highlighting crypto mixer misuse.

18 states challenge SEC over crypto regulation enforcement

18 US states filed a lawsuit challenging the SEC’s authority over crypto regulation, seeking state-level control. The legal battle could reshape oversight.

Bitfinex hacker sentenced to five years for massive crypto heist

Bitfinex hacker Ilya Lichtenstein was sentenced to five years in prison for stealing US$10 billion in Bitcoin—wife Heather Morgan will be sentenced soon.

New malware SteelFox targets Windows users through fake software activators

Beware of SteelFox malware, targeting Windows users worldwide with fake activators for AutoCAD, JetBrains, and Foxit, causing data theft and cryptojacking.

Sam Altman’s Worldcoin shifts focus to Orbs, dropping ‘coin’ in rebrand

Sam Altman's Worldcoin rebrands itself as 'World,' shifting its focus from cryptocurrency to identity verification with its Orb eye-scanning technology.

Lego website targeted in cryptocurrency scam hack

On October 4, Lego's website was hacked to promote a crypto scam, but the issue was quickly resolved, and no user accounts were compromised.

Flappy Bird creator denies involvement in new game release

Flappy Bird creator Dong Nguyen confirms he has no involvement with the new game despite claims from the Flappy Bird Foundation.

Sam Bankman-Fried receives a 25-year sentence for FTX fraud

Sam Bankman-Fried, co-founder of FTX, has been sentenced to 25 years in prison for fraud, marking a pivotal moment in cryptocurrency regulation.