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Bitcoin rallies over 18% in 24-hour span in wake of SVB crisis

The value of major cryptocurrencies rose Monday in the wake of U.S. government plans to protect Silicon Valley Bank and Signature Bank depositors. The Federal Reserve issued a pair of statements on Sunday with one clear message: Silicon Valley Bank’s depositors, both insured and uninsured, will receive help in a manner that will “fully protect” …

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Hacker took pains to hide $3.36B of stolen bitcoin. Feds found it anyway

Enlarge / Bitcoin laundering concept vector illustration. Federal prosecutors have recovered $3.36 billion in bitcoin that was stolen a decade ago from Silk Road, the dark web bazaar responsible for distributing massive quantities of illegal drugs and other illicit goods and services to people worldwide. Last November, federal agents executing a search warrant on a …

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Bitcoin traders aren’t concerned by whether we’re in a recession or not

I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology. 1 Bitcoin traders don’t care about a recessionDebate over the definition of a recession, and whether we’re in one, feels like a distraction. (CoinDesk)+ Technically the US may now be in recession, but much of the economy remains strong. (The Guardian)+ Here’s …

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