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Kim Dotcom on the ‘Great Reset,’ Strong Russian Ruble Puzzles Economists, and More — Bitcoin.com News Week in Review
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Russia Fails to Act on Request to Help Freeze Millions in Crypto Withdrawn From Wex Wallet
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Ex-Head оf Wex Crypto Exchange Reportedly Arrested in Poland, Faces Extradition to Kazakhstan
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Mining Closures Reveal Recurring Bitcoin Bear Market Trend
Another bitcoin miner this week shut down its operations, though the news didn’t come as much of a shock. The latest closure, of U.S.-based Giga Watt which went bankrupt last year, follows a trend among large mining operations that stretches back years. Also read: No Reason to ‘Bury’ Cryptocurrencies, Russian PM Medvedev Says Bankruptcy to […]
The post Mining Closures Reveal Recurring Bitcoin Bear Market Trend appeared first on Bitcoin News.
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Cryptocurrency Recognized as Valuable Property by Russian Court
A Russian arbitration court of appeals has recognized cryptocurrency as a property with value in its ruling on Monday. This overturned a previous ruling by another court even though Russia currently has no legal framework for cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Recognized as Property The Ninth Arbitration Court of […]
The post Cryptocurrency Recognized as Valuable Property by Russian Court appeared first on Bitcoin News.
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Hacked Cryptocurrency Exchange Youbit Re-Emerges Amid Insurance Controversy
Cryptocurrency exchange Youbit has reportedly re-emerged after a series of hacks and a bankruptcy filing, amid an insurance claim controversy and civil lawsuits. The exchange continues to operate after it was sold and renamed, local media reported. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Insurance Claim Denied DB Insurance, one of […]
The post Hacked Cryptocurrency Exchange Youbit Re-Emerges Amid Insurance Controversy appeared first on Bitcoin News.
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Court Will Not Seize Crypto as Debt Payment from Bankrupt Citizen in Russia
The Moscow bankruptcy court has ruled that cryptocurrencies of a bankrupt debtor will not be seized to pay his creditors. The trustee for the case has failed to convince the judge to include the debtor’s cryptocurrencies in the bankruptcy estate. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Court Rejects Crypto in Bankruptcy […]
The post Court Will Not Seize Crypto as Debt Payment from Bankrupt Citizen in Russia appeared first on Bitcoin News.
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Russian Bankruptcy Court Orders Debtor to Disclose Cryptocurrency Holdings
The Moscow bankruptcy court has ordered a bankrupt debtor to provide information about his cryptocurrency holdings. The trustee has requested that his cryptocurrencies be included in the bankruptcy estate. The court will decide if the coins can be used to pay creditors. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Court Orders […]
The post Russian Bankruptcy Court Orders Debtor to Disclose Cryptocurrency Holdings appeared first on Bitcoin News.
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Korean Exchange Youbit May Avert Bankruptcy – Members Have 3 Options
South Korean exchange Youbit filed bankruptcy last week but has now come up with additional options to pay back its members. The exchange is asking them to vote between three options. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Youbit’s Bankruptcy Filing Youbit exchange’s operator Yaffian filed bankruptcy on December […]
The post Korean Exchange Youbit May Avert Bankruptcy – Members Have 3 Options appeared first on Bitcoin News.
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