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ZachXBT alleges cover-up as suspected crypto theft tops $133M

Blockchain investigator ZachXBT has raised the estimated value of a suspected cryptocurrency theft involving an unidentified European entity to more than $133 million after tracing another $27 million in withdrawals from centralized exchanges. In a November 3 update, ZachXBT said…

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Alchemy Pay brings fiat and crypto payments to Telegram’s Walt app

Alchemy Pay has integrated its fiat-to-crypto and crypto-to-fiat payment services into Walt, allowing users across 173 countries to buy and sell supported cryptocurrencies directly through the Telegram-based application. According to the company’s November 3 announcement, the integration connects its payment…

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Mercado Bitcoin hacker moves $8M in ETH: Is Tornado Cash next?

The hacker behind the $46 million Mercado Bitcoin breach has transferred approximately $8 million worth of Ethereum to new wallets, while blockchain investigators have identified more than $9 million in stolen assets that have been frozen. Blockchain analytics platform Arkham…

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South Korea lawmakers push for another crypto tax delay until 2029

South Korea’s ruling Democratic Party lawmakers have agreed to recommend another postponement of the country’s cryptocurrency income tax, with a two-year delay until 2029 emerging as the preferred option. According to Seoul Economic Daily, members of the National Assembly’s Finance,…