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Chrome Extension SwitchyOmega Breach Exposes Crypto Wallets to Private Key Theft

Researchers have uncovered a serious security breach in the widely-used Chrome extension SwitchyOmega, putting over 500,000 users at risk of private key theft from their crypto wallets, according to a March 12, 2025, report from SlowMist, a leading blockchain security firm. The compromised version of this proxy-switching tool, version 24.10.4, was infiltrated with malicious code…

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Russia Proposes Regulated Crypto Investment Framework for Qualified Investors

The Bank of Russia has submitted proposals to the government to establish a regulated framework for cryptocurrency investments under a three-year experimental legal regime (ELR), as announced on March 12, 2025, following directives from the Russian president. This initiative would allow a limited group of “particularly qualified” investors to buy and sell digital currencies, aiming…

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Bitcoin Faces Selling Pressure as Miners Sell During Downturn

Bitcoin is struggling to recover from its recent lows, dropping to $77,700 on March 10, 2025, amid intense selling pressure from miners, macroeconomic uncertainty, and dashed hopes for a government Bitcoin reserve purchase. According to CryptoQuant analyst IT Tech, miners are increasingly moving their Bitcoin to exchanges as prices decline, acting as “forced sellers” to…

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