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#BTCSoarsTo68K #BinanceLabsInvestsLombard #scamriskwarning North Korean Hackers Steal $3 Billion In Crypto To Fund Nuclear Programme Korean hackers have stolen an estimated $3 billion worth of cryptocurrency since 2017, using the funds to support the regime's nuclear and missile programmes, a Microsoft report showed on Thursday. $SOL Of that amount, between $600 million and $1 billion was stolen just last year, based on Microsoft's ‘Digital Defence Report for 2024'.The report highlights that these stolen funds have financed over half of Pyongyang's nuclear development efforts, reports Yonhap news agency.Since last year, Microsoft has identified several new North Korean hacking groups -- Moonstone Sleet, Jade Sleet, Sapphire Sleet and Citrine Sleet, which have been targeting cryptocurrency organisations.In particular, Moonstone Sleet has developed a custom ransomware variant and deployed it against unidentified entities in the aerospace and defence sectors for both intelligence gathering and financial gain.

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#BNBRisesTo600 #USStockEarningsSeason alert🚨🚨 Delhi Police seizes of over 100,000 USDT crypto assets, arrests multiple people The elaborate scheme deceived numerous individuals into believing they could invest in the national energy plan and earn substantial returns. The scam reportedly gained traction through social media platforms where fraudsters promoted “M/s Goldcoat Solar” as a legitimate investment opportunity. The fraudsters further impersonated high-level government officials, and even used the names of high dignitaries, to falsely endorse the scheme. Victims were shown fabricated proofs of earnings, allegedly from earlier investors, to legitimize the scheme and build trust. The fraudsters allegedly funneled money deposited by victims through banks, with a portion of the funds being converted into cryptocurrency. The law enforcement agency with assistance from Binance was able to trace the money and track down the perpetrators. “Binance has been conducting sharing sessions with global law enforcement agencies, and this case highlights the positive outcomes of these collaborations”, Jarek Jakubcek, Head of Law Enforcement Training at Binance, said.$BTC

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#BTCSoarsTo68K #BNBRisesTo600 #ElSalvadors How Bitcoin Lover Prez Nayib Bukele Crushed 70,000 Gangsters and Rose El Salvador GDP by 3.5% President Nayib Bukele of El Salvador has become a global sensation for his unconventional approach to governance, especially when it comes to combating organized crime and reviving his nation’s economy with cryptocurrencies. In less than five years of his tenure, 43-year-old Prez Bukele has crushed drug cartels and organized criminal gangs plaguing his country and also promoted Bitcoin as a parallel economy structure. In a recent addressal, Bukele mentioned how he was warned by advisors that his style of treating criminals with iron fist can have negative repercussions on the country’s economy. Bukele added that the intellectual theory that “criminals also have a family to feed” isn’t practical and the only way to treat criminals is to remove them from the society. Bukele claimed that he was told that if he removed this underground economy abruptly, the country’s legal economy wouldn’t fill the gap fast enough, leading to economic collapse. Bukele, however, rejected these theories, asserting that allowing crime to persist would mean losing the “war of incentives.” He illustrated the struggles a young Salvadoran faces—choosing between low-paying, grueling work, such as selling tomatoes in the market or joining a gang for easy money. Without addressing this disparity, the youth would inevitably gravitate towards crime.$SCR

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#TrumpDeFi #USStockEarningsSeason Why Donald Trump’s Victory Matters for the Crypto Industry? 🇺🇸As the United States approaches its 2024 presidential elections in November first week, the outcome could have wide-ranging implications across various sectors – including finance and the crypto industry. Donald Trump’s potential return to the White House is particularly noteworthy for crypto enthusiasts as his previous administration had a mixed record on cryptocurrencies. 🤡While Trump’s stance on Bitcoin and blockchain in the past was often skeptical, the evolving political landscape and his policies now have the potential to dramatically shape the future of the digital asset space. Especially in recent months, Trump’s speeches have sounded way more friendlier towards the Bitcoin and crypto industry to the extent of him advocating for making America a crypto nation. Following are few aspects from which the crypto industry could potentially benefit if Donald Trump wins the US presidential election 2024. $$SOL 1. Deregulation of Crypto Markets 2. Impact on Global Crypto Policies 3. Shift in Bitcoin and Stablecoin Regulations 4. Role of Crypto in Economic Recovery Plans 5. Implications for the SEC and Crypto Oversight 6. Crypto Adoption in Political Campaigns

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#USStockEarningsSeason #TeslaTransferBTC JPMorgan Chase, Bank of America Forecast New Rate Cut in November As Fed President Says Soft Landing Likely Two of the largest banks in the US believe another rate cut from the Federal Reserve is incoming. The Fed started its rate-cutting cycle last month, announcing a 50 bps reduction in interest rates amid concerns about the health of the US economy. Now, analysts at JPMorgan Chase and Bank of America (BofA) think the Fed will take a more moderate approach moving forward, forecasting a 25 bps rate cut in November, reports Bloomberg. According to the market strategists, the US is flashing signs of resilience following reports that nonfarm employment grew by 254,000 in September. JPMorgan chief US economist Michael Feroli says the strength in the labor market should “make the Fed’s job easier.” He also says the central bank will likely take a “path of gradual rate normalization” unless a “rather large” surprise comes up in the November jobs report. Meanwhile, BofA economist Aditya Bhave says another 50 bps rate cut is no longer necessary amid the strong labor market data.$BTC

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