Russian Accused of Laundering Cryptocurrency From Ransomware Attacks Extradited to US

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A Russian national suspected of laundering ransomware payments in cryptocurrency on behalf of cybercriminals targeting hospitals has been extradited to the U.S. by the Netherlands. The man was allegedly involved in the criminal activity for a period of three years before his arrest in Amsterdam last November. Alleged Russian Money Launderer Handed Over to U.S. …

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Another Stablecoin Fluctuates Wildly as HUSD Slips Below USD Peg to $0.82 per Token

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The stablecoin HUSD, originally associated with the crypto exchange Huobi Global, lost its peg with the U.S. dollar on Wednesday, August 17, and it dropped even lower in value the following day on Thursday, August 18. On Thursday, Huobi addressed the public on Twitter and the exchange said “we are aware of the current liquidity …

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Bitcoin’s Mining Difficulty Rises for the Second Time in a Row — It’s Now 0.63% Harder to Find a BTC Block

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On August 18, 2022, Bitcoin’s mining difficulty increased again after the 1.74% rise two weeks ago on August 4. At block height 749,952 at 7:07 a.m. (EST) the network’s mining difficulty rose by 0.63% from 28.17 trillion to 28.35 trillion Thursday morning. Bitcoin Network Records Second Consecutive Difficulty Increase Since August 4 Finding a bitcoin …

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The Financialization Of Real Estate Is The Problem, Bitcoin Is The Solution

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Some claim that Bitcoiners are the cause of price increases in developing countries’ real estate markets, but that doesn’t tell the whole story. This is an opinion editorial by Jeremy, an advisor to Escape to El Salvador which is a community of professionals who assist expats in gaining residency and citizenship in El Salvador. Over …

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The Ethereum Merge: Risks, Flaws And The Pitfalls Of Centralization

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Ethereum’s switch to proof-of-stake is scheduled for mid-September. What are the possible risks? How does it work compared to Bitcoin’s proof-of-work consensus? The below is a full free article from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin …

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Accounting For Bitcoin And Digital Assets: Everyone Loves Controversy

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Current accounting guidelines provide virtually no upside for companies with bitcoin on their balance sheet — but this could change. This is an opinion editorial by Matt Maraia, a CPA looking to help educate the Bitcoin community on the ever-changing regulations on accounting standards. As the evolving digital assets ecosystem continues to pose more questions …

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Craig Wright Vs. Hodlonaut: A Timeline Of The Legal Battle

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A timeline of events leading to seven days in Norwegian court for BSV Founder Craig Wright and pseudonymous Bitcoiner Hodlonaut. This is an opinion editorial by Elsa Waldorf. On September 12, 2022, a seven-day trial will begin in Oslo, Norway between Craig Wright and the pseudonymous Bitcoiner, hodlonaut. Wright’s name might be familiar to readers, …

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Houston texans, il primo team NFL che accetta Bitcoin

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BitWallet, una nota società di pagamento in criptovaluta con sede a Houston, ha appena stretto una partnership per diventare il wallet ufficiale di valuta digitale degli Houston Texans. La partnership permetterà alla squadra iscritta al campionato NFL statunitense di accettare pagamenti in criptovalute per i biglietti dello stadio e per tutto il merchandising. “Siamo orgogliosi …

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