Trump Effect: China Considering Backpedaling on Bitcoin Policy
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Reports indicate that China is considering changing its negative stance toward bitcoin and cryptocurrency, as the next U.S. administration adopts a more open policy toward the cryptocurrency industry. This shift would be a direct result of President Trump’s support for crypto. China Considering Pivot on Its Bitcoin Strategy Due to President Trump’s Ideas The new […]

Bitcoin Bull Market May Drive Russian Miners Underground
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The Russian government might face an influx of illegal bitcoin miners due to rising prices and the impending ban on bitcoin mining in key regions. Analysts state that if authorities fail to address this upcoming problem, it could lead to illegal mining becoming a popular activity. Russian Miners Likely to Engage in Illegal Bitcoin Mining […]

Study: 76% of X Influencers Promoted Now-Defunct Meme Coins
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A Coinwire study reveals that most crypto influencers on X promote worthless meme coins, highlighting the risks of relying on social media for investment advice. Influencers Setting Up Investors for Failure According to a Coinwire study, over three-quarters (76%) of crypto influencers on X promoted meme coins that are now defunct. Moreover, two-thirds of the […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces
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A federal grand jury in Miami has charged nine individuals with laundering U.S. drug proceeds into cryptocurrency for Mexican and Colombian cartels, utilizing “a network of black market cryptocurrency launderers and unlicensed money transmitters,” according to the U.S. Department of Justice. From 2020 to 2023, defendants allegedly coordinated cash pickups from U.S. drug sales, converting […]

Cybercrime Marketplace Crumbles as Authorities Seize Hidden Crypto Stash
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The U.S. Justice Department has announced the seizure of Popeyetools, a cybercrime marketplace, and unmasked its role in illicit cryptocurrency transactions. Administrators Abdul Ghaffar, Abdul Sami, and Javed Mirza were charged with selling stolen financial data and facilitating crimes involving ransomware and fraud. Since 2016, Popeyetools generated $1.7 million in revenue, partly from cryptocurrency payments, […]

Russia’s Foreign Trade Defies Western Sanctions, Official Claims
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Russia’s foreign trade is defying Western sanctions, with rising imports, resilient transaction systems, and projected economic growth outpacing stagnating Western economies. Western Sanctions Meet Resistance as Russia’s Trade Surges Russian Finance Minister Anton Siluanov has claimed that Western sanctions will not hinder Russia’s foreign trade. Speaking in an interview with Nailya Asker-Zade on the Rossiya-24 […]

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