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Bitcoin Rises with All Eyes on Ukraine, Fed’s Next Move


  The price of bitcoin (BTC) has been on the rise since the beginning of the week, with traders now keeping an eye on developments in Ukraine, as well as on the US Federal Reserve’s (Fed) next move to combat high inflation. At 10:26 UTC on Tuesday morning, BTC traded at USD 44,137, up 4.5%...

IRA Financial Trust Hack Reportedly Sees USD 36M in Crypto Stolen From Users


  US-based IRA Financial Trust, a regulated financial institution that offers self-directed retirement accounts, has been hit with a hack that resulted in the loss of USD 36m in crypto, Bloomberg reported, citing a person familiar with the investigation.... Read More: IRA Financial Trust Hack...

US Inflation Hits 7.5%, More Than Expected


Inflation in the world’s largest economy reached 7.5% year-over-year for January, coming in well above analysts’ expectations. The change in consumer price index (CPI) since last month came in at 0.6%, above the 0.4% expected. Meanwhile, the so-called Core CPI, which excludes food and beverages...

Regulatory Clarity Would Bring More Crypto Trading to US - FTX's Boss


  Providing more regulatory clarity is the most important thing that can be done in order to attract crypto innovators to the US, FTX CEO Sam Bankman-Fried told senators. He was speaking during a hearing on digital assets in the US Senate’s Committee on Agriculture.... Read More: Regulatory...

Senator Rages Over Bitcoin's Less Than 0.08% Carbon Footprint


  The environmental impact of Bitcoin (BTC) and crypto mining took center stage during a hearing on digital assets in the US Senate’s Committee on Agriculture on Thursday, as some senators voiced concerns over the “astonishing” energy usage associated with mining. As reported, the Bitcoin mining...

Florida Home to be Auctioned Off as an NFT


  A Florida, USA home is being auctioned off as a non-fungible token (NFT) for the first time in the history of real estate. Real estate startup Propy will host the auction and will accept payment in the form of digital assets. The 2,162-square-foot Tampa Bay home has five bedrooms and three...

US Arrests Two Suspects in Bitfinex Bitcoin Hack, Seize USD 3.6B in Crypto


  Two individuals were arrested this morning in Manhattan for an alleged conspiracy to launder cryptocurrency that was stolen during the 2016 hack of Bitfinex, presently valued at approximately USD 4.5bn, the US Department of Justice said.   According to them, thus far, law enforcement has seized...

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