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Crypto investors are advised against sharing seed phrases with anyone as it will provide them complete access to funds and the capacity to transfer or withdraw from it at will.
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Paulson also urged other victims to report scams without embarrassment, adding that “it only takes a second to be distracted and fall victim.”
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In total, the nine victims lost more than $1.2 million to the scam stemming from the data leak.
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Detective Sergeant Darryll Paulson asked Kent residents not to give away personal information over the phone to anyone claiming to be the police or a crypto host:
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“With that information, the fraudsters were able to rebuild the wallet, steal the funds and transfer them so that they can’t be recovered,” the police alert stated.
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The crucial policy has been a matter of great debate in the US since the 1990s. While the term “network neutrality” was coined in 2003 by Tim Wu, some US politicians expressed concerns over protecting the nascent internet in the early 1990s.
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The breaches occurred from around 2018 to early 2024, the DOJ said, adding that OKX has had an official policy preventing US persons from transacting on its crypto exchange since 2017.
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”Blatant disregard for the rule of law will not be tolerated,” Dennehy added.
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Local media outlet La Nacion claims to have seen text messages suggesting Milei’s sister, Karina Milei, who serves as secretary-general for Argentina’s presidential office, may have also been involved. Hayden Davis, the supposed sender, has denied sending the messages.
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Not all analysts are concerned about the debt ceiling’s impact on Bitcoin.
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While traditional markets are set for tightened liquidity, the debt ceiling may have a mixed impact on Bitcoin price, according to Marcin Kazmierczak, co-founder and chief operating officer of Redstone.
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Investors may even start seeing BTC as a hedge against monetary instability, he said.
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Co-founder Yi He made a similar comment earlier in the day. She said that the rumors of the exchange’s sale originated from the PR strategy of a competitor and implied that Binance would prefer to buy by asking that exchanges reach out if they’re considering selling.
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https://warpcast.com/bellabyni7099/0xaddc946d
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Binance has denied that the movements were related to the sale of assets and said they were “simply an adjustment in the Binance treasury’s accounting process.”
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https://warpcast.com/bellabyni7099/0x32eefda5
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Binance is the world’s largest cryptocurrency exchange by trading volume, a position that brings constant scrutiny from regulators and market analysts.
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https://warpcast.com/oliviaria459/0x7f73f52d
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https://warpcast.com/oliviaria459/0x7f73f52d
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Binance co-founder and former CEO Changpeng Zhao denied rumors that the cryptocurrency exchange is up for sale.
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