Author: Cointelegraph By Stephen Katte

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Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’

USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in…
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China Supreme Court revises Anti-Money Laundering law to include ‘virtual assets’

Supreme People’s Procuratorate said there has been a 20-fold increase in people prosecuted for money laundering since 2019.  Source link

Australia took down 600 crypto scams, says AI will make it worse

Australia’s financial markets regulator says due to the evolving nature of technology, it’s becoming increasingly challenging for consumers to identify…
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Man allegedly tries to ‘recover’ losses from BitConnect, kidnapping two

Indian authorities have arrested a man for allegedly kidnapping two employees of BitConnect creator Satish Kumbhani and extorting $125 million…
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Meta denies claim more than half of Facebook crypto ads are scams

Australia’s competition watchdog has claimed 58% of crypto ads on Facebook are scams; Meta says the data is old and…
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Australian regulator claims 58% of crypto ads on Facebook are scams

Australia’s competition watchdog cited preliminary research that found more than half of the crypto ads on the platform breach Meta’s…
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Core Scientific drops 10% after $400 million convertible senior note offer

Core Scientific stock has dropped to $8.46 per share on the Nasdaq following an announcement of offering convertible senior notes…
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BitGo CEO argues WBTC security is unchanged amid concerns

BitGo recently announced a new venture to diversify its Wrapped Bitcoin custodial locations, and Justin Sun’s involvement has caused concern…
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Bitcoin new addresses hint at ‘renewed interest’ from retail investors

Retail investors could be coming back into the market after a recent upward trend in new Bitcoin addresses. Source link

Bitfarms stock rises 22% after Q2 loss came out better than expectations

Bitfarms stock had a strong trading session on Aug. 8 amid lower-than-expected losses in its latest quarterly earnings report. Source…
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