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US Sanctions Russian Crypto Broker Suex for Laundering Millions in Illicit Funds – Bitcoin News

The U.S. Treasury Department has blacklisted Suex, a cryptocurrency broker based in Russia, for its money laundering activities. The platform is suspected of processing hundreds of millions of dollars in crypto transactions related to scams, ransomware attacks, darknet markets, and the infamous BTC-e exchange. OFAC Adds Russian Crypto OTC Exchange Suex to Blacklist The Office of Foreign Assets Control (OFAC)…

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Ohio to host BIT Mining’s new 85 MW Bitcoin mining facility

Bitcoin (BTC) mining company BIT Mining plans to invest $12.14 million to develop an 85 megawatts crypto mining center in Ohio.As the company that owns the entire mining pool business operated under BTC.com, BIT Mining set up a joint venture agreement with Viking Data Centers to establish the Bitcoin mining facility.As part of the JV agreement, BIT Mining will pay $10.84…

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One River Digital raises $41M from Goldman Sachs and Coinbase

One River Digital, a cryptocurrency-focused hedge fund offering exposure to Bitcoin (BTC) and Ether (ETH), has closed its first funding round after launching last year.One River Digital president Sebastian Bea confirmed Wednesday that the company had raised $41 million in a Series A financing round from investors, including Goldman Sachs and Coinbase Ventures.Other investors included American diversified global insurer Liberty…

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Mars4 Explodes on MISO Launchpad – Sponsored Bitcoin News

sponsored Mars4 – centered ecosystem where you can explore a virtual Mars Metaverse, own and customize your land property with MARS4 dollars and even reap the rewards of the world’s first revenue-generating NFT! Attractive tokenomics of Mars4 leverages NFT Mars Land, Gamification and Token Redistribution.Mars4 is a unique metaverse. The Mars4 project’s development team has modeled their detailed 3D map…

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Solana DEX raises $18M Series A from Three Arrows Capital, Coinbase Ventures

Solana ecosystem project Orca has concluded an $18 million Series A investment round led by some of the biggest venture funds in crypto, offering further evidence that high-profile investors are keen to back SOL-based startups. Orca, which operates as a decentralized exchange, will use the funds to continue developing its automated market maker solutions for Solana, the company announced Wednesday. The…

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MASK Is Now Available on Changelly

Changelly has introduced the MASK token to the family of over 200 cryptocurrencies available for exchange on the platform. Now users can easily and quickly exchange MASK tokens at floating rates. MASK is the native token of MaskDAO, and the DAO is the owner of the Mask Ecosystem. Being members of MaskDAO, MASK holders have ownership of the Mask Ecosystem…

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Abusing Smart Contracts to Steal $600 million: How the Poly Network Hack Actually Happened

On August 10, a hacker stole more than $600 million through Poly Network and a bizarre series of events unfolded in the aftermath. In this article, Kraken Security Labs dives into the technical details of how the attacker was able to steal such a large amount of funds and the subsequent fixPoly Network implemented to ensure that this type of…

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Justice Department Denies Receiving 50 BTC Ransom Demand – Security Bitcoin News

South Africa’s Department of Justice and Constitutional Development (DOJCD) has denied claims that it has received a 50 bitcoin ransom demand from hackers that attacked its systems on September 6, 2021. Reports of Ransom Demand Deemed ‘Completely Untrue’ Instead, the DOJCD insists that its tech experts, “industry partners and selected organs of state have been working hard to contain the…

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