bitcoin: Latest News

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07.06.2023 / 18:53

Slain Missouri doctor left behind pregnant fiancée; family says they have been left 'in the dark'

Richard Forsyth poses for a photo near his home in TKTK, Missouri, Thursday, June 1, 2023. Mr.

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South Jersey man who tried to have his child-porn victim killed is headed to prison

CAMDEN, N.J. - A New Jersey man has been sentenced to more than six years in federal prison after exchanging sexually explicit videos and images with a 13-year-old New York girl and later paying $20,000 in bitcoin to have her killed, eventually calling it off.John Michael Musbach, 34, of Haddonfield, received his 78-month prison term Tuesday during a court hearing in Camden, according to federal prosecutors. He will also have to serve three years of supervised release after prison.Musbach pleaded guilty in February to using interstate commerce facilities in the commission of a murder-for-hire plot.He began communicating online with the girl in 2015 and eventually began using those chats to request and receive sexually explicit videos and photographs of the girl, and send her similar videos and images of himself.

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U.S. regulators sue Coinbase, joining Binance as crypto exchanges under scrutiny

The U.S. Securities and Exchange Commission on Tuesday sued Coinbase, accusing the largest U.S. cryptocurrency exchange of operating illegally without having first registered with the regulator.

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Binance, the world’s biggest cryptocurrency exchange, is leaving Canada

Binance, the largest cryptocurrency exchange in the world, says it is pulling out of the Canadian market.

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Sheriff: Indiana teacher stalked teen student, sent nearly 600 text messages

Paige Simon (Credit: Decatur County Sheriff's Office) GREENSBURG, Ind. - An Indiana teacher has been charged with stalking a student, sending him nearly 600 lewd messages. The Decatur County Sheriff’s Department said 28-year-old Paige Simon of Osgood has been charged with stalking, official misconduct and battery. In a probable cause statement obtained by FOX Television Stations, authorities said they were alerted to the alleged crime by the victim's father. The victim is now 18 years old but was 15 at the time of the alleged incident.SHARED: Man charged in Harvard bomb threats, Bitcoin extortion schemeThe father said his son had been receiving inappropriate text messages from a teacher at South Decatur High School. The student later told the school staff and authorities that Simon had at one point reached for his cell phone and her hand lingered in the groin area.

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Man charged in Harvard bomb threats, Bitcoin extortion scheme

A general view of Harvard University campus is seen on April 22, 2020 in Cambridge, Massachusetts. (Photo by Maddie Meyer/Getty Images) BOSTON (AP) - A man is accused of phoning in bomb threats to Harvard University and demanding a large amount of Bitcoin in return, federal prosecutors said.William Giordani, of Nashua, New Hampshire, was arrested Tuesday on charges of conspiracy and aiding and abetting extortionate threats.

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Cops warn of crypto scam after Winnipegger loses $168,000

Police are warning Winnipeggers about investing in cryptocurrency after a local resident was scammed out of the equivalent of $168,000 in bitcoin.

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Convicted Nova Scotia murderer’s stash of bitcoin at centre of wrongful death lawsuit

A legal battle is brewing in Nova Scotia over access to bitcoin owned by an ex-medical student recently convicted of fatally shooting a fellow student during a drug deal.

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Bitcoin extends its longest winning streak since pandemic days

This story has been published from a wire agency feed without modifications to the text.

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Poilievre’s cryptocurrency-inflation comments prompted bureaucratic research: documents

Senior federal bureaucrats examined whether cryptocurrencies protect against inflation not long after Opposition Leader Pierre Poilievre made the claim as a candidate in the Conservative leadership race, according to an internal government document.

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Federal interest rate hikes are here: How will it impact your finances?

NEW YORK (AP) - Mortgage rates have jumped, home sales have slumped and credit cards and auto loans have gotten pricier. Savings rates are slightly juicier, though.As the Federal Reserve has rapidly increased interest rates, many economists say they fear that a recession is inevitable in the coming months — and with it, job losses that could cause hardship for households already hurt worst by inflation.Wednesday, the Federal Reserve sharply raised its key short-term rate by three-quarters of a point for a third straight time, even as its previous rate increases are being felt by households at all income levels.The Fed's latest move has raised its benchmark rate to a range of 3% to 3.25%, the highest level in 14 years.

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Resident loses $108K in bitcoin scam: Central Hastings OPP

Central Hastings OPP are investigating a fraud involving bitcoin that they say cost an area resident more than $100,000.

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Why the crypto plunge is a cautionary tale for public pension funds

FUYANG, CHINA - JUNE 26, 2022 - Photo taken on June 26, 2022 shows US dollars and bitcoin in Fuyang, Anhui Province, China. (Photo credit should read CFOTO/Future Publishing via Getty Images) MINNEAPOLIS (AP) - When the Houston Firefighters Relief and Retirement Fund bought $25 million in cryptocurrencies, with the fund’s chief investment officer touting their potential, retired fire Capt. Russell Harris was concerned.Harris, 62, has attended the funerals of 34 firefighters killed in the line of duty.

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EU hammering out cryptocurrency regulations that could set global standard

Europe prepares to lead the world in regulating the freewheeling cryptocurrency industry at a time when prices have plunged, wiping out fortunes, fueling skepticism and sparking calls for tighter scrutiny.

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Crypto crash: Bitcoin falls below $20,000 as selloff continues

cryptocurrencies is deepening.Bitcoin, the most popular cryptocurrency, fell below the psychologically important threshold, dropping as much as 9% to less than $19,000, according to CoinDesk.The last time bitcoin was at this level was November 2020, when it was on its way up to its all-time high of nearly $69,000.Bitcoin has now lost more than 70 percent of its value since reaching that peak.MADRID, SPAIN - 2022/06/17: A store offering numerous cryptocurrency electronic cash such as Bitcoin (BTC, BCH) and Ethereum (Ether, ETH) ATM machine in Spain. (Photo by Xavi Lopez/SOPA Images/LightRocket via Getty Images) Ethereum, another widely followed cryptocurrency that's been sliding in recent weeks, took a similar tumble on Saturday.RELATED: Bitcoin, other cryptocurrencies collapse, major crypto lender Celsius Network halts operationsIt's the latest sign of turmoil in the cryptocurrency industry amid wider turbulence in financial markets.

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Bitcoin drops below US$ 20,000 for the first time since 2020

The price of bitcoin fell below $20,000 for the first time since late 2020 on Saturday, in a fresh sign that the selloff in cryptocurrencies is deepening.

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Bitcoin and crypto platforms are in trouble. What’s behind the collapse?

The plummeting value of Bitcoin and turmoil across major cryptocurrency platforms has many investors fretting about their digital wallets and leaders in the space warning about a “crypto winter.”

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Bitcoin, other cryptocurrencies collapse, major crypto lender Celsius Network halts operations

NEW YORK - Bitcoin and other cryptocurrencies were collapsing in price Monday, after a major cryptocurrency lender effectively failed and halted all withdrawals from its platform, citing "extreme market conditions."It's the latest high profile collapse of a pillar of the cryptocurrency industry. These meltdowns have erased tens of billions of dollars of investors' assets and spurred urgent calls to regulate the freewheeling industry.Bitcoin was trading at roughly $23,400 Monday afternoon, down more than 16% in the past day.

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Peterborough police retrieve victim’s $100,000 lost in cryptocurrency scam

Peterborough police are warning residents to be very wary of cryptocurrency investment deals after a resident recently lost $100,000 in a scam.

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Crypto shall survive the great covid asset chase

This month’s digital currency crash in the wake of a US Fed rate hike featured a Terra quake that evoked talk of rules to help us tell flaky tokens apart. As a concept, crypto was unshaken

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Shouldn’t stablecoins be stable? What’s behind TerraUSD’s collapse

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Crypto market’s crash could send shockwaves through the financial system

On Tuesday, bitcoin fell briefly below $30,000 for the first time in 10 months, while cryptocurrencies overall have lost nearly $800 billion in market value in the past month, according to data site CoinMarketCap, as investors fret about tightening monetary policy.

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Crypto and tech stocks are plummeting. What that means for your investments

Early on in the COVID-19 pandemic, rising tech star Shopify became Canada’s most valuable company, beating out established player Royal Bank of Canada for the top spot.

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Bitcoin has lost nearly half its value since 2021 peak

Bitcoin is seeing its value rapidly erode amid a global stock market downturn.

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Canadians less likely to use, invest in cryptocurrency than Americans, poll suggests

Canadians are less likely than Americans to use or invest in cryptocurrencies, says a new survey released Tuesday.

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Cryptocurrencies not a way to ‘opt out of inflation’: Bank of Canada official

A senior Bank of Canada official poured water on the idea that cryptocurrencies are a good hedge against inflation as the federal finance committee asked central bank leadership about the path to getting surging prices back under control.

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Bitcoin 2022 conference: Miami's cryptocurrency craze on full display

MIAMI - Thousands of cryptocurrency enthusiasts are gathering in Miami as the city builds its reputation as one of the key locations to develop the blockchain technology despite its underdog status.Dozens of companies are using the Bitcoin 2022 conference running Wednesday through Friday as a venue to network, pitch ideas and share announcements to the industry and beyond.New York City and Silicon Valley continued to lead in funding raised by blockchain startups in 2021, with $6.5 billion and $3.9 billion. But Miami is now tied with Los Angeles, where firms pulled in more than $760 million in funding, according to market research firm CB Insights.Cryptocurrency exchange FTX bought the naming rights for the NBA arena in downtown Miami last year, replacing American Airlines.

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Crypto space gaining traction among some Conservative MPs

Conservative MP Michelle Rempel Garner says she hopes her bill to help grow the cryptocurrency sector will get Canadian legislators talking about it in a non-polarized way.

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Guelph, Ont. police seeing an increase in cryptocurrency investment scams

Guelph, Ont., police are seeing an increase in cryptocurrency investment scams and trying to warn the community about some of the ways people are losing money.

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Alberta has potential to become new hub for cryptocurrency industry

Cryptocurrency has been described by some observers as a “Wild West,” so it’s no surprise that of all Canadian provinces, Alberta is the one that has set its sights on becoming a North American hub for the maverick industry.

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Freezing ‘freedom convoy’ crypto possible, but faces roadblocks, experts say

When the so-called “freedom convoy” pivoted to Bitcoin and other digital assets as a source of funds when traditional channels were cut off, Canadian authorities ratcheted up attempts to police the cryptocurrency space.

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Edmonton’s Glenrose Rehabilitation Hospital Foundation to accept cryptocurrency donations

The Glenrose Rehabilitation Hospital Foundation is now accepting cryptocurrency as donations.

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Ottawa’s Emergencies Act cracks down on convoy crypto. Experts warn that’s not easy

The federal government’s move to invoke the Emergencies Act marks an attempt to cut off funds directed to the “Freedom Convoy,” including new cryptocurrency channels.

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NY couple tries to launder billions of stolen cryptocurrency, feds claim

NEW YORK - A New York couple was arrested Tuesday on charges of conspiring to launder $4.5 billion in cryptocurrency that was stolen in a 2016 hack of a virtual currency exchange, the Justice Department said.Besides the arrests, federal law enforcement officials also revealed that the Justice Department has seized roughly $3.6 billion in cryptocurrency linked to the hack of Bitfinex, a virtual currency exchange whose systems were breached nearly six years ago.The stolen cryptocurrency, valued at $71 million at the time of the theft, is now valued at $4.5 billion, officials said.Ilya Lichtenstein, 34, and his wife, Heather Morgan, 31, were arrested in Manhattan on Tuesday morning and face federal charges of conspiracy to commit money laundering and conspiracy to defraud the United States. It was unclear if they had lawyers or people who could speak on their behalf."Today, federal law enforcement demonstrates once again that we can follow money through the blockchain, and that we will not allow cryptocurrency to be a safe haven for money laundering or a zone of lawlessness within our financial system," said Assistant Attorney General Kenneth A.

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Cryptocurrency fraud ‘exploding’ in Canada, according to consumer advocacy groups

An Alberta woman has another warning about so called “digital gold” and the rush to cash in on cryptocurrency.

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Aylmer man loses $141,000 in cryptocurrency scam: police

Aylmer Police are investigating after they say a man lost $141,000 in a Bitcoin cryptocurrency scam over the span of half a year.

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Tennessee ax woman hacked dad’s arm and gave grandpa black eye, deputies allege

Tennessee woman allegedly chopped her dad with an ax and punched her grandpa in the face before they disarmed and subdued her, according to authorities.Nevada Fortson, a 25-year-old Elizabethton resident, faces charges of aggravated assault, aggravated burglary, violating an order of protection and resisting arrest in Carter County after allegedly breaking into their home despite an order of protection from her mother.The county sheriff’s office says she hitched a ride to her grandpa’s house, where he lived with her parents, and broke in through a guestroom window with an ax around 2:20 a.m. on Tuesday.Nevada Fortson, a 25-year-old Elizabethton resident, faces charges of aggravated assault, aggravated burglary, violating an order of protection and resisting arrest in Carter County.

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Federal documents warn of sweeping implications if ‘digital loonie’ adopted

Internal government documents show Finance Department officials believe there could be sweeping implications for the economy if the Bank of Canada ever issued its own cryptocurrency.

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Man who claims he invented Bitcoin wins trial over $50B cryptocurrency dispute

NEW YORK (AP) - Craig Wright, a computer scientist who claims to be the inventor of Bitcoin, prevailed in a civil trial verdict Monday against the family of a deceased business partner that claimed it was owed half of a cryptocurrency fortune worth tens of billions.A Florida jury found that Wright did not owe half of 1.1 million Bitcoin to the family of David Kleiman. The jury did award $100 million in intellectual property rights to a joint venture between the two men, a fraction of what Kleiman's lawyers were asking for at trial.RELATED: What is cryptocurrency?"This was a tremendous victory for our side," said Andres Rivero of Rivero Mestre LLP, the lead lawyer representing Wright.David Kleiman died in April 2013 at the age of 46.

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Bitcoin price plummets after steep weekend decline

Bitcoin tumbled almost five per cent on Monday as the start of the week offered little respite to the world’s largest cryptocurrency after a bruising weekend where at one point it lost over a fifth of its value.

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Bitcoin crashes 9%, down 20% from record highs as new Covid variant rattles investors

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Ontario youth arrested, charged in $46M cryptocurrency theft

A Hamilton, Ont. youth has been arrested in connection with a large digital currency theft estimated to be around $46 million, according to police.

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Saskatoon police warn of scam involving packages at the border

The Saskatoon Police Service (SPS) says scammers targeting people via phone are claiming to represent the Canada Border Services Agency.

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Bitcoin price continues surge as Fed chairman says ‘no intention to ban’ cryptocurrency

Bitcoin continued its surge Friday morning, rising by nine per cent to $60,196 (US$47,536) — its highest level in 12 days.

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Amazon denies reports that it may accept bitcoin as payment by end of 2021

Amazon.com Inc on Monday denied a media report saying the e-commerce giant was looking to accept bitcoin payments by the end of the year.

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Bitcoin price soars past US$50,000 after months-long slump

Bitcoin‘s price surged past US$50,000 on Monday for the first time since May, continuing its rebound from a months-long slump.

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Bitcoin tumbles as China cracks down on mining

Bitcoin tumbled on Monday to a two-week low on China’s expanding crackdown on bitcoin mining, as investors grew more uncertain about the future of the leading cryptocurrency.

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Cryptocurrency could become an Edmonton election issue

From potholes to taxes, there are issues Edmontonians expect to be raised every municipal election.

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India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0