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ROLLUP: 2nd Week of June (El Salvador, Elizabeth Warren, Bitcoin FBI Ransom, Polygon & Arbitrum)

Bankless

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The Ransomware Ripple: Bitcoin's Image Under Fire

This chapter explores the ramifications of ransomware attacks demanding Bitcoin as payment, particularly highlighting a major pipeline hack and the FBI's recovery of ransom funds. It delves into the contrasting perceptions of Bitcoin and Ethereum communities during the Bitcoin 2021 conference and examines political criticisms surrounding cryptocurrencies. Additionally, it addresses the regulatory landscape and evolving financial strategies in the cryptocurrency sector, including significant investments and developments in DeFi.

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