Bitcoin

European cops shut down crypto mixing website that helped launder 1.3 billion euros

Security /

A coalition of law enforcement agencies coordinated by Europol announced Monday the shuttering of cryptocurrency laundering service Cryptomixer. Europol confirmed the seizure in a press release, where it called Cryptomixer “the platform of choice for cybercriminals seeking to launder illegal proceeds from a variety of criminal activities, such as drug trafficking, weapons trafficking, ransomware attacks, […]

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Cash App debuts a new AI assistant that answers questions about your finances

Fintech /

Cash App released a slate of new features as part of its fall update, including an AI chatbot that can answer questions about users’ finances, a new benefits program, and the ability to discover places that accept Bitcoin payments and make Bitcoin payments using USD. The company is launching an assistant called Moneybot that can

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Square launches AI voice ordering and an integrated Bitcoin solution for merchants

Apps /

Square, Block’s merchant payments platform, has launched new features for merchants, including AI-powered voice ordering for restaurants, enhancements to its AI assistants — such as providing local insights — and an integrated Bitcoin solution to accept and hold the digital currency. The company now lets restaurants and cafes using Square leverage AI to handle incoming

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U.S. government seized $1 million from Russian ransomware gang

Security /

The U.S. Department of Justice announced on Monday it has seized the servers and $1 million in Bitcoin from the prolific Russian ransomware gang behind the BlackSuit and Royal malware.  According to the press release, a coalition of global law enforcement agencies, including from the U.S., Canada, Germany, Ireland, France, U.K., and others, seized four

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Bitcoin surpasses $118K, its second all-time high, in less than 24 hours

Cypto /

Bitcoin achieved a new all-time high of $118,900 on Friday after exceeding its previous record, $113,822, on Thursday. At the time of this writing, Bitcoin’s price stands at around $117,400. This is a significant milestone for Bitcoin, as it highlights its resurgence, now higher than its low of around $76,000 in early April. It dropped

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Elon dips from DOGE, and Silicon Valley enters the ‘find out’ stage

Government & Policy /

Elon Musk has officially announced he’s stepping down as a U.S. special government employee and the de facto head of the Department of Government Efficiency, better known as DOGE.  The move follows Musk’s cooling relationship with the Trump administration and slumping Tesla sales tied to his political advocacy. Despite his announced departure, Musk gave a

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Garantex administrator arrested in India under extradition law

Cypto /

Indian police have arrested the co-founder of Garantex, a Russian cryptocurrency exchange sanctioned by the European Union and the U.S. government, under India’s extradition law, TechCrunch has exclusively learned and confirmed with state authorities. At 4 p.m. local time (3:30 a.m. PT) on Tuesday, the state police of Kerala arrested Lithuanian national Aleksej Besciokov in

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Hackers launder most of Bybit’s stolen crypto worth $1.4B

Cypto /

The hackers who stole around $1.4 billion in cryptocurrency from crypto exchange Bybit have moved nearly all of the robbed proceeds and converted them into Bitcoin, in what experts call the first phase of the money-laundering operation.  On February 21, Bybit said that a “sophisticated attack” on one of the company’s wallets resulted in the

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