Crypto-backed political groups have expanded their election spending as several US primaries test the industry’s influence in Congress. According to filings with …
Millions
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Smart Contracts
Ukrainian Police Officers Allegedly Kidnapped Crypto Entrepreneurs to Extort Millions
by shayaanby shayaanIn short Former Ukrainian police officers are said to have kidnapped crypto entrepreneurs and extorted approximately $2.2 million through violence, intimidation and …
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Markets
XRP Ledger's new proposal blocks the flash loan attacks costing DeFi hundreds of millions
by shayaanby shayaanA draft XRPL amendment notes that flash loan attacks are “structurally impossible” on the network because of how its transactions are built, …
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Markets
Satoshi’s 1.1M bitcoin and millions more can be saved from quantum attack, says expert
by shayaanby shayaanResearchers at the privacy-centric blockchain startup say their multi-layer quantum defense will feature a soft fork to freeze and protect dormant BTC. …
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Scams
Australian Police Seize Millions in Bitcoin From Alleged Darknet Marketplace Operator
by shayaanby shayaanIn brief New South Wales Police seized 52.3 Bitcoin worth about $4.2 million USD during raids in Ingleburn on May 4. A …
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Young workers between 18 and 45 are the target audience for a new Bitcoin investment product quietly launched last month by Porvenir, …
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Markets
Industry leaders are pouring hundreds of millions into a rescue plan for Aave users after massive crypto hack
by shayaanby shayaanThe response to the DeFi recovery fund has quickly extended beyond Aave, and in some cases began with direct outreach. www.coindesk.com
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Regulation
Crypto’s new $11 million PAC booked millions in ads with firm started by Tether US CEO
by shayaanby shayaanThe crypto’s industry emerging political action committee, Fellowship PAC, rushed out of the gate this month with $11 million in backing, and …
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Markets
Solana Policy Institute-backed PAC spends millions to jam Sherrod Brown's Senate run
by shayaanby shayaanThe Sentinel Action Fund is supporting Republican John Husted in that race, with funding from the Solana network’s advocacy group and Multicoin …
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Markets
Circle CEO says he won’t freeze USDC without a court order even as hackers walk away with millions
by shayaanby shayaanCircle defends its hands-off approach to freezing funds as critics point to hundreds of millions in losses tied to delayed action. www.coindesk.com