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Brazilian Police Thwart Bitcoin Robbery, Arrest 8 Suspects

13 hours ago

On December 19, Brazil’s São Paulo State Police announced they had arrested eight suspects linked to a Bitcoin robbery as part of a large-scale operation codenamed “Cryptonita.” One suspect remains at large. The victim had disclosed their Bitcoin investment to a worker during an office renovation, then was robbed by an armed group in November 2024. Within roughly an hour, the group forced the victim to transfer Bitcoin worth approximately $54,000. They also made off with a truck valued at $36,200, plus cell phones and laptops. Tracing on-chain transaction records, police found the suspects set up shell companies to launder the stolen funds. Most have prior criminal records and connections to the construction industry. (Source: CriptoNoticias)
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A certain Ethereum pre-mine address that has been dormant for 10.4 years has been activated, containing 2000 ETH

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Bitwise Managing Director: By 2025, Bitcoin ETP Inflows to Surpass Gold ETP

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Cango mined 125.8 BTC this week, bringing the total holdings to 7290 BTC

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In the last 1 hour, the entire network saw a total of $61.8 million in liquidations, with the primary liquidated position being a short.

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Bitcoin has surpassed $89,000, and Ethereum has surpassed $3,000.

On December 19, HTX market data shows Bitcoin topped $89,000, up 1.37% over the past 24 hours. Ethereum crossed $3,000, posting a 24-hour gain of 2.54%.

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The Federal Reserve Seeks Feedback on Proposal to Establish Limited "FedNow Accounts" for Certain Financial Institutions

The Federal Reserve announced Friday it’s seeking feedback on creating limited “payment accounts” for certain financial institutions. These accounts would let institutions use the Fed’s payment services for clearing and settling transactions—but won’t grant the broader access to facilities that banks currently enjoy. Fed Governor Christopher Waller noted such accounts could “support innovation” while safeguarding the payment system’s security. If established, the accounts would be separate from the Fed’s master accounts, earn no interest, and not have access to the Fed’s credit services. They’d also be subject to balance limits. Waller first floated the idea last October, as the Fed aimed to balance enabling wider use of its payment services by fintech firms and other entities—without giving full master account access to less-regulated groups. (Jinse Finance)

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