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According to reports, the Travel Control and Enforcement Unit (TCEU) of the Philippine Bureau of Immigration (BI) reported on Friday that it has rescued six suspected victims of a cryptocurrency trafficking ring. The passengers were about to board a Jetstar flight to Phnom Penh on January 15 when they approached
A 15-person committee was established in the Central African Republic (CAR). A developing nation in Central Africa, to create legislation regulating the usage of cryptocurrencies. And tokenization in the country and the region. The president of the Central African Republic, Faustin-Archange Touadéra, has said that he believes cryptocurrency will play
The world’s most prominent cryptocurrency Bitcoin (BTC) kicks off the new year by retaining its bullish momentum. BTC peaking at over $23,000 price range, the first milestone since early August. Last weekend, Bitcoin began to show a positive trend, reaching a high of $19,942 before resting in the $18,000–$17,000 region.
An organization called Kraken, not to be confused with the well-known cryptocurrency exchange of the same name, has hacked into Solaris, a major marketplace for narcotics and other illegal items. Solaris reportedly gained between 20% and 25% market share after authorities shut down Hydra, the prior leader in this sector,
As reported by blockchain forensics company Chainalysis, ransomware payments have decreased by 40.58 percent. Chainalysis claims in a research published on Thursday that ransomware attackers stole at least $456.8 million in 2022, down from the $765.6 million they stole in 2021. Criminals that deploy ransomware demanding Bitcoin or other cryptocurrencies
Elon Musk, who purchased Twitter last year, said on Saturday that the microblogging service will soon begin offering a new, higher-cost, Blue membership that would do away with adverts. Though this feature has not yet been released. Verified users get 50% less ads than non-verified individuals on Twitter Blue, which
Bitcoin is poised for significant growth in the market as conditions replicate those seen after the hard-hitting bear market of 2018. Drawing from the newest study, BTC/USD looks set to advance with its Relative Strength Index suggesting a bullish outlook following a brief amount of adjustment. According to crypto dealer
JPMorgan Chase CEO Jamie Dimon expressed his doubts about bitcoin once again in an interview with CNBC on Thursday. The JPMorgan executive said, “Bitcoin itself is a hyped-up fraud. It’s a pet rock.” Dimon on the recent FTX fall stated: “I’m not surprised at all. I call them a decentralized
According to blockchain records, a Chinese miner recently transferred roughly 5,600 bitcoin (BTC), valued at almost $124 million, to the Binance cryptocurrency exchange, a move that might be regarded as a preparation to liquidate the holdings. Earlier this week, analytical company CryptoQuant saw a string of transactions in which Bitcoin
Global policymakers are becoming more concerned about the unpredictability of cryptocurrency markets. IMF officials Nobuyasu Sugimoto, deputy division chief of the division of financial supervision and regulation, and Bo Li, deputy managing director of the IMF, issued a warning on the potential impact of cryptocurrency market volatility on the global
