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NYDFS will charge cryptocurrency companies for supervision - CryptoSlate

Two men got inside a Durham home last week and, at gunpoint, forced a couple to transfer hundreds of thousands of dollars of cryptocurrency to them, police said.

It happened just before 9:30 a.m. on April 12 at a Wells Street home.

Police said two men had handguns, used zip ties to restrain two 76-year-olds and forced them to transfer $250,000 worth of cryptocurrency to an unknown account.

Durham police are looking for a BMW X5 built between 2021 and 2023.

The couple had minor injuries and authorities took them to an area hospital.

"Anytime we're dealing with a home invasion, they're inherently violent, said Durham police Sgt. Jermaine Clark.

Clark said this kind of crypto crime is rare.

"You probably could count on a hand how many times recently there have been cases in which of this magnitude involving cryptocurrency, Clark said.

Clark said while cryptocurrency like Bitcoin is difficult to track, everything is traceable.

"There are investigative tools that can be utilized to assist in recuperating those assets, Clark said.

Police said while home invasions are also rare, they do happen.

Durham Police Investigator Christopher Walker said you should never open your door to someone you do not know.

"If somebody comes over to your house that you don't know that's coming unannounced, do your due diligence, Walker said. Ask for information, IDs, before you open any door to anybody that you don't know."

Durham police said it is still an active case, and they're asking anyone with information to come forward.

Police say Ring doorbell cameras and other security systems are effective - along with community relationships. They say it's important to check in with your neighbors and keep an eye on your surroundings.

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Durham couple forced to wire $250K of cryptocurrency at gunpoint ... - WRAL News

Welcome to the exciting world of cryptocurrencies and international transfers!

As we embark on this journey, well take a look at how you can use cryptocurrency instant exchange Quickex, an advanced crypto currency exchange platform, to effortlessly send money overseas.

With the rise of digital currencies and blockchain technology, transferring funds across borders has never been more affordable, secure and efficient. In this introductory guide, well help you understand the basics of cryptocurrency exchanges, reveal the benefits of using Quickex for international transactions, and give you the knowledge to navigate the future of global finance. So, sit back and get ready to revolutionize cross-border money transfers with Quickex!

As we move further into the digital age, the landscape of global finance is changing rapidly. Cryptocurrencies like Bitcoin, Dogecoin, Ethereum, Tether, Binance Coin are becoming increasingly popular as both investment vehicles and means of payment. This shift has brought about innovative solutions for international money transfers, and Quickex is at the forefront of this revolution.

Crypto currency exchanges are online platforms that facilitate the buying, selling, and trading of various digital currencies. These exchanges play a vital role in the crypto ecosystem by providing users with a seamless way to convert their fiat currencies (such as USD, EUR, or JPY) into cryptocurrencies and vice versa.

Quickex stands out among other cryptocurrency exchanges by offering a user-friendly platform designed for both beginners and experienced traders. With a wide range of supported cryptocurrencies and competitive fees, Quickex makes it easy for anyone to send money abroad using digital currencies.

Heres how it works:

Choosing Quickex for your international money transfers comes with numerous advantages over traditional methods, such as bank transfers and remittance services:

Speed: Cryptocurrency transactions are typically processed within minutes, whereas traditional transfers can take hours or even days.

Low fees: Quickex offers competitive exchange rates and low transaction fees, making it more cost-effective than many other international transfer options.

Security: Quickexs robust security measures protect your funds and personal information from potential threats.

Accessibility: With Quickex, you can send money to anyone, anywhere, as long as they have access to a crypto currency wallet and an internet connection.

Apart from using cryptocurrency exchanges like Quickex, there are several other options available for sending crypto funds abroad. These alternatives provide various levels of convenience, fees, and speed, depending on the specific service:

Each option has its pros and cons, so its essential to consider factors such as speed, fees, ease of use, and the recipients familiarity with cryptocurrencies when deciding on the best method for sending crypto funds abroad.

To summarize, the world of international money transfers has changed dramatically with the advent of cryptocurrencies and blockchain technology. Various options, including cryptocurrency exchanges such as Quickex, P2P transfers, crypto currency wallets with embedded exchanges, payment gateways, money transfer services, crypto debit cards and stabelcoins, provide users with many options for sending funds abroad.

These alternatives offer numerous advantages over traditional methods, such as faster transaction speeds, lower fees and increased security. However, factors such as ease of use, the recipients familiarity with cryptocurrencies, and the specifics of each service must be considered when choosing the most appropriate option for international transfers.

By embracing the possibilities of digital currencies and becoming familiar with the methods available, you can revolutionize the way you send money across borders, making international transfers more affordable and efficient than ever before.

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How To Use Cryptocurrency Exchange To Send Money Abroad - Harlem World Magazine

Welcome to another edition of Crypto NFT Today! If you enjoy cryptocurrency, NFTs, and riding emotional, and sometimes, sketchy rollercoasters, youve come to the right place. So put on some soothing music and lets go!

Binance, the worlds largest crypto currency exchange by volume, will disable multiple existing deposit

blockchain addresses to upgrade its digital infrastructure.

The announcement on April 18, said Binance, in order to upgrade security and efficiencies, would retire selected deposit addresses and memos on multiple blockchains, affecting Ether (ETH), Tron (TRX, BNB and Steller (XML).

Users of impacted addresses will be notified by email, with the exchange urging impacted users to immediately obtain new addresses and memos. The email will include expiration dates for the old addresses. Once users get new deposit addresses, the old ones will no longer be valid.

Users will be required to log into their Binance accounts and follow the instructions on the notification. The schedule for the migration is set to be complete in June. Binance assured users that no funds will be lost if funds are mistakenly sent to expired addresses.

Payments made to expired addresses will not, however, be immediately credited. Instead, users will have to manually credit any deposits from their old address with a transaction history page.

On April 15, US Representative Warren Davidson (R-OH), announced legislation to fire Securities and Exchange Commission chairman Gary Gensler.

In response to Coinbases legal counsel, the crypto-supporting congressman tweeted his intention to remove Gensler after the SEC said they would revise the definition of an exchange.

To correct a long series of abuses, I am introducing legislation that removes the Chairman of the Securities and Exchange Commission and replaces the role with an Executive Director that reports to the Board (where authority resides), Davidson tweeted.

On April 14, Gensler said the proposed redefinition would benefit markets and investors by regulating brokers and modernizing what constitutes an exchange. In January, 2022, similar amendments were proposed, but crypto advocates insisted the SEC was overreaching and could hobble markets.

Pro-crypto SEC commissioner Hester Peirce, affectionately known as Crypto Mom, rebuked the proposed rule amendments, declaring, stagnation, centralization, expatriation, and extinction are the watchwords of the move by Gensler.

On Tuesday, chipmaking titan Intel (INTC) stated it is ceasing production of its Blockscale bitcoin mining chip.

As we prioritize our investments in IDM 2.0, we have end-of-lifed the Intel Blockscale 1000 Series ASIC [application specific integrated circuit] while we continue to support our Blockscale customers, said an Intel spokesperson.

It was about a year ago that Intel announced its entry into bitcoin mining, with the sale of the first chipsets to Argo Blockchain (ARBK), Block (SQ), Grid Infrastructure and Hive Blockchain (HIVE).

However, only Hive confirmed the activation of mining rigs powered by the Blockscale chip. ePIC Blockchain is promoting its bitcoin mining rigs that use the Intel CPUs.

Bitmain and MicroBT chips dominate the bitcoin mining market that Intel meant to disrupt. When asked if they will replace the Blockscale chips with other bitcoin mining chips, a spokesperson said Intel will continue to monitor market opportunities.

Google One just got a lot better at protecting users privacy. The company just announced it will offer a VPN and dark web monitoring, at no additional cost, in its base $1.99 subscription.

The expanded plans will be available in 22 countries and introduced in the next few weeks. In addition to Android and iOS, the new tools will be available on Windows and Mac desktops.

Subscribers will be allowed to share the VPN with up to five others if theyre on the Google One plan. The move is a huge benefit to base-plan users. Previously VPN was limited to Google One $10 a month / 2TB plans.

However, unlike many VPNs, Googles VPN isnt designed to by-pass geographic restrictions. In addition to end to end encryption, it does mask the users IP address from networks and third parties.

The new service will also monitor the dark web for your personal information like, name, address, email, phone numbers, and SSN, which Google said will be handled according to Googles privacy policy and you can delete any info from your profile or stop monitoring at any time.

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Crypto NFT Today: The Latest News in Blockchain, Cryptocurrency ... - Innovation & Tech Today

RIDGWAY-Following a year of complaints and protests about a cryptocurrency Bitcoin mine in Ridgway Township on Long Level Road, the Ridgway Township Supervisors have crafted an ordinance to address current and future mining operations. Beginning at 6:30 p.m. on Tuesday, residents could view, ask questions, and voice concerns over the new ordinance that the supervisors and their attornies have drafted to address Bitcoin mines in the township. After the public hearing, in the regular meeting, the supervisors approved ordinance number 122, which begins the process of passing the new cryptocurrency zoning law with the first advertisement of the ordinance. A copy of the proposed ordinance is available for public viewing at the Ridgway Township offices during regular business hours. Ironically, the Bitcoin mine that was the source of all the controversy and complaints was moved out of the township and into a neighboring municipality in the past few months. This ordinance protects residents against future mines that may attempt to be constructed in the area. The ordinance follows similar zoning restrictions that have been enacted in Fox Township and St. Marys.

Read more Ridgway Township news in Thursday's Ridgway Record

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Ridgway Township moves ahead with cryptocurrency ordinance ... - Ridgway Record