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Ether, Solana, and other altcoins are also seeing setbacks.

Use of a VPN to circumvent the prohibition could lead to hefty fines, according to media reports.

Use of a VPN to circumvent the prohibition could lead to hefty fines, according to media reports.

A North Korean hacking group earlier in August exploited a previously unknown bug in Chrome-based browsers to target organizations with the goal of stealing cryptocurrency, according to Microsoft. According to the report, the hackers exploited a flaw in a core engine within Chromium, the underlying code of Chrome and other popular browsers, like Microsoft’s Edge. When the hackers exploited the vulnerability, it was a zero-day, meaning the software maker — in this case, Google — was unaware of the bug and as such had zero time to issue a fix prior to its exploitation.

A report from consultancy Henley & Partners found the number of those with more than $1 million in cryptocurrencies nearly doubled this year.

Cryptocurrency investors and industry executives calling on Vice President Kamala Harris to pursue a softer regulatory stance on the industry are planning to raise at least $100,000 for the Democratic nominee at a Sept. 13 Washington fundraiser. The grassroots event is scheduled to take place between the Congressional Black Caucus and Congressional Hispanic Caucus conferences, and aims to bring together a diverse group of donors, the organizers told Reuters. Tickets to the fundraiser range from $500 to $5,000, said Cleve Mesidor, executive director of the Blockchain Foundation and one of the organizers.