Day: January 23, 2023

FBI Seizes Bitcoin From Overseas Scammers Who Posed as US Law Enforcement Officials – Featured Bitcoin News

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The Federal Bureau of Investigation (FBI) says it has seized bitcoin worth millions of dollars from overseas scammers targeting the elderly. The scammers posed as members of U.S. law enforcement agencies and tricked the victims into transferring money to them for “safekeeping.” FBI Says It Has Seized Bitcoin From Scammers Overseas The U.S. Attorney for the District of Connecticut and the Acting Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation (FBI) announced Friday that bitcoin and other digital assets have been seized in…

Bitcoin Surges Past $23K Before Retreating

The largest cryptocurrency by market capitalization was recently trading above $22,750, roughly flat for the last 24 hours but up more than 8% during the past week. Bitcoin has risen roughly 37% this year as investors dismiss various crypto industry headwinds, most recently Genesis Global Holdco LLC filing for Chapter 11 bankruptcy protection, although in an email to CoinDesk, Joe DiPasquale, CEO of crypto fund manager BitBull Capital, said that the rise was typical for first quarters and noted “a long consolidation period that saw shorts accumlating.” Source

US Authorities Charge Mango Markets Attacker — Defendant Arrested, Detained in Puerto Rico – Regulation Bitcoin News

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The U.S. Securities and Exchange Commission (SEC), the Commodities Futures Trading Commission (CFTC), and the Department of Justice (DOJ) have charged an alleged attacker who stole $116 million from crypto trading platform Mango Markets. The defendant has been arrested and is currently detained in Puerto Rico. Mango Markets Manipulator Arrested, Detained The U.S. Securities and Exchange Commission (SEC) announced Friday that it has charged Avraham Eisenberg with “orchestrating an attack on a crypto asset trading platform, Mango Markets, by manipulating the MNGO token.” The regulator noted that the crypto token…

Bitcoin derivatives data shows room for BTC price to move higher this week

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This week Bitcoin (BTC) rallied to a 2023 high at $23,100 and the move followed a notable recovery in traditional markets, especially the tech-heavy Nasdaq Composite Index, which gained 2.9% on Jan. 20. Economic data continues to boost investors’ hope that the United States Federal Reserve will reduce the pace and length of interest rate hikes. For instance, sales of previously owned homes fell 1.5% in December, the 11th consecutive decline after high mortgage rates in the United States severely impacted demand. On Jan. 20, Google announced that 12,000 workers…

Building better business by responsibly unlocking the value of personal information

ICO offers advice to the UK’s five and a half million SMEs UK regulator says getting good data practices in place from the start will save business owners time and money, and boost customer confidence Ahead of Data Protection Day, the Information Commissioner’s Office (ICO) is encouraging the UK’s 5,501,000* small-and-medium-sized businesses (SMEs) to check they have the right data protection practices in place to help sustain and develop their businesses. Good data protection practices project positively on a company’s reputation. A recent survey, commissioned by the ICO, showed 91%…