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🔥Hot off the press!🔥 Rui-Siang Lin, a Taiwanese national, was arrested at JFK Airport on May 18 for running Incognito Market, a darknet drug bazaar. Operating under the pseudonym "Pharoah," Lin allegedly facilitated over $100 million in crypto transactions through the sale of illegal narcotics. 💊💉 Lin, who identifies as a crypto developer and Monero enthusiast, is facing a slew of charges, including money laundering, engaging in a continuing criminal enterprise, narcotics conspiracy, and conspiracy to sell misbranded and adulterated medication. 😱 According to the FBI, they tracked Lin down by tracing crypto transactions from the marketplace to an exchange account under his name. The exchange provided Lin's driver's license, email, and phone number. 🕵️‍♂️💻 Despite the allegations, Lin reportedly conducted a workshop on cybercrime and cryptocurrency for police officers at the Saint Lucia Police Academy in early April. If convicted, he could be looking at a life sentence.👮‍♂️🚓 This case serves as a stark reminder that the so-called "dark web" is not a sanctuary for illegal activities. As always, stay safe and smart in the crypto world, folks! 🌐💡🔒

🔥Hot off the press!🔥 Rui-Siang Lin, a Taiwanese national, was arrested at JFK Airport on May 18 for running Incognito Market, a darknet drug bazaar. Operating under the pseudonym "Pharoah," Lin allegedly facilitated over $100 million in crypto transactions through the sale of illegal narcotics. 💊💉

Lin, who identifies as a crypto developer and Monero enthusiast, is facing a slew of charges, including money laundering, engaging in a continuing criminal enterprise, narcotics conspiracy, and conspiracy to sell misbranded and adulterated medication. 😱

According to the FBI, they tracked Lin down by tracing crypto transactions from the marketplace to an exchange account under his name. The exchange provided Lin's driver's license, email, and phone number. 🕵️‍♂️💻

Despite the allegations, Lin reportedly conducted a workshop on cybercrime and cryptocurrency for police officers at the Saint Lucia Police Academy in early April. If convicted, he could be looking at a life sentence.👮‍♂️🚓

This case serves as a stark reminder that the so-called "dark web" is not a sanctuary for illegal activities. As always, stay safe and smart in the crypto world, folks! 🌐💡🔒

Жауапкершіліктен бас тарту туралы мәлімдеме: үшінші тараптардың пікірлері бар. Қаржылық кеңес емес. Ішінде жарнамалық контент болуы мүмкін. Шарттар мен талаптарды қараңыз.
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🚀Buckle up, Bitcoin enthusiasts! A recent Harris Poll survey reveals a surge in voter interest in Bitcoin and other cryptocurrencies. The survey, funded by Bitcoin ETF issuer Grayscale, shows that one in three U.S. voters will consider a political candidate's stance on cryptocurrencies before casting their vote. 🗳️ 📈The poll, which gathered responses from over 1,700 likely U.S. voters, found that 77% believe U.S. presidential candidates should at least have an "informed perspective" on cryptocurrencies. It also found that 41% of voters are paying closer attention to Bitcoin due to geopolitical tensions, inflation, and a weakening U.S. dollar, up from 34% in November 2023. 🌐💰 🔥In addition, 47% of respondents expect to include crypto in their investment portfolios, up from 40% the previous year. Events such as the U.S. spot Bitcoin ETF approval in January 2024 and the halving in April 2024 have heightened voter interest in investing in BTC and other crypto assets. 📊 👀Grayscale highlighted BTC's strong performance in 2024, with its price reaching a new all-time high on March 13. This sparked speculation that the upcoming election could be dubbed "the Bitcoin Election." The survey also revealed that voters increasingly view crypto as a good long-term investment opportunity. 🚀 📜The survey found that 52% of voters would be more likely to invest in crypto with clearer policies, up from 48% in November 2023. A significant majority (79%) agreed that political leaders should work towards creating frameworks and rules that enable financial inclusion and investor protection. 🏛️ 🎉Presidential candidate Donald Trump has recently taken a pro-crypto stance, asking if Bitcoin could be leveraged to solve the U.S. national debt problem. The crypto world is buzzing, and it's clear that Bitcoin is becoming a hot topic in the political arena! 🏦🔥
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🚀🚀 Bitcoin enthusiasts, buckle up! The need for Bitcoin scaling solutions is more pressing than ever. Binance's new research report, "The Future of Bitcoin," highlights this urgency. 📊 In 2022, Casey Rodarmor launched the Ordinals protocol, sparking the Bitcoin non-fungible token (NFT) hype cycle in 2023. This, along with the creation of the Bitcoin fungible token standard, BRC-20, and the Runes protocol, has attracted a new wave of Bitcoin users, traders, and builders. 🏗️💰 But with new protocols and projects come challenges. The influx of activity has led to a more congested mempool and higher transaction fees. From 2022 to 2023, the average Bitcoin transaction fee rose 175% from $1.5 to $4.2 and has further increased to $9 in 2024. 😱💸 As we aim for global mass adoption, these high transaction fees could become a significant hurdle. If 2% of the world's population were to make ten Bitcoin transactions per year, we could see up to 1.6 billion transactions! 🌍🔥 Binance insists that Bitcoin scalability solutions are necessary for true global mass adoption. Existing solutions like the Lightning network, RGB, Stacks, BounceBit, and Merlin are already in place. Let's see how the Bitcoin network evolves to handle this surge! 🌐🚀
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🎉🎉Good news for all BTC enthusiasts! Two cybersecurity whizzes, Joe Grand and Bruno, have successfully helped an anonymous crypto user, known as Michael, recover a whopping 43.6 bitcoins (BTC) that he lost access to 11 years ago.🕵️‍♂️🔐 Back in 2013, Michael, a stickler for security, used RoboForm to generate a unique password for his BTC wallet. He stored the password in an encrypted file, which unfortunately got corrupted, locking him out of his wallet.😱💔 Fast forward to 2023, Michael, undeterred, approached Grand and Bruno, who discovered a vulnerability in RoboForm's random number generator. The bug, which was fixed in 2015, connected each generated password to a date and time it was created on a user’s computer.👨‍💻🔍 With this knowledge, they began the arduous task of testing hundreds of passwords. After much effort, they hit the jackpot with a password created on May 15, 2013.💡🎉 Upon cracking the code, they accessed the wallet and retrieved the bitcoins. Michael, in a gesture of gratitude, gave a portion of the stash to Grand and Bruno. He sold some of his BTC when it hit $62,000 and now holds 30 BTC worth roughly $2 million. His plan? HODL until BTC hits $100,000!💰💰 So, folks, remember, never lose hope, and keep HODLing on!🚀🌕
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🚀 Bitcoin (BTC) enthusiasts, hold on to your hats! Our favorite digital asset has been taking it easy this past weekend, chilling at just under $68,000. 🏖️ BTC started the week with a bang, skyrocketing from under $69,000 to over $70,500 in just a few hours on Monday. 🎆 But the bulls took a breather, and BTC started to lose value, even dipping close to $67,000. The rest of the week was a rollercoaster ride, with a few attempts to conquer $70,000 and a couple of dips below $67,000. 🎢 By the end of the business week, BTC was enjoying the calm, sitting pretty at around $68,000. The weekend was a bit of a snooze, with BTC failing to make any significant moves in either direction. Its market cap is holding steady at $1.330 trillion, and it still reigns supreme over the altcoins with a dominance of 50%. 👑 Meanwhile, the altcoins have been following BTC's lead, failing to make any major moves on a daily basis. But the weekly landscape has seen some impressive gains. ETH, TON, and SHIB have all seen minor weekly gains, while LINK and WIF have jumped the most in the past seven days. 📈 On the flip side, some larger-cap alts like Uniswap have taken a hit, slumping by more than 12%. Dogecoin is down by 7%, slipping below $0.16. Other losers include BCH, NEAR, ARB, IMX, and XRO. 📉 The total crypto market cap has shed about $40 billion since last Sunday, now sitting at $2.660 trillion. But hey, in the world of crypto, what goes down must come up, right? 🌈 Stay tuned, BTC lovers! The next big move could be just around the corner. 🌟
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🚀🎉 Hold on to your hats, BTC enthusiasts! Ethereum (ETH) is making waves after the US Securities and Exchange Commission (SEC) gave the green light for ETH ETFs. This has resulted in a rollercoaster ride for ETH's price, with swings between $3,650-$3,950. But don't worry, it's currently chilling at around $3,800. 🎢💰 Analysts are predicting a potential rally for ETH, with predictions reaching as high as $20,000! 😱🚀 The approval of ETH ETFs by the SEC is expected to attract major world banks and financial institutions to the Ethereum ecosystem. DBS Bank, one of Singapore's largest banks, is already a crypto whale, holding 173,753 ETH valued at almost $670 million. 🐳💸 On-chain metrics are also looking promising for ETH. The total value locked on Ethereum has risen impressively since October 2023, currently standing at almost $65 billion. This suggests more capital is flowing into the ecosystem, reflecting positive market sentiment. 📈💹 Furthermore, the Ethereum exchange netflow has been predominantly negative in the last seven days. This shift from centralized platforms to self-custody methods could be bullish for ETH's valuation, as it reduces the immediate selling pressure. 🐂📊 So, buckle up, folks! Ethereum's journey is just getting started! 🚀🌕
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