conflict – DIGIT INFO

Arthur Hayes Predicts Bitcoin Boom Amid Middle East Tensions and Inflation

DIGIT — Fri, 18 Oct 2024 00:30:28 +0000

Former Bitmex CEO Arthur Hayes sees a bitcoin bull market on the horizon, driven by soaring energy prices and rampant inflation as Middle East tensions escalate. He argues that rising costs will send BTC’s value surging in fiat terms, with newly printed dollars flooding the market. But while bitcoin’s future looks bright, Hayes warns investors […]

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Mercy Corps CIO explains how NGOs can integrate blockchain to amplify their efforts

DIGIT — Wed, 16 Oct 2024 10:05:09 +0000

Rapid and efficient humanitarian aid distribution is enhanced through the use of blockchain technology. Mercy Corps CIO Scott Onder explains how.

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IRS, Chainalysis Helping Ukraine Track Russians Using Crypto to Evade Sanctions

DIGIT — Sun, 14 May 2023 10:19:59 +0000

The U.S. Internal Revenue Service (IRS) said it’s working closely with Ukraine to help it trace crypto transactions of Russian sanctions evaders. The agency is providing the Ukrainians access to a Chainalysis tool as well as specialized training to Ukrainian law enforcement. IRS Offers Ukraine Tools From Chainalysis to Trace Russian Blockchain Transactions The criminal […]

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Binance Reportedly Investigated in US for Russia Sanctions Violations

DIGIT — Sun, 07 May 2023 07:49:58 +0000

Cryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report. The inquiry is looking into whether the trading platform was used by Russians to circumvent financial restrictions imposed over Moscow’s invasion of Ukraine. Crypto Exchange Binance Faces Another US Probe, Sources Say The U.S. Department […]

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ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations

DIGIT — Tue, 18 Apr 2023 22:19:55 +0000

There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In a recent interview, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. can maintain its debt obligations. However, she warned that if the U.S. were to default […]

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Police in Kosovo Seize Crypto Mining Rigs From Serbs

DIGIT — Sun, 16 Apr 2023 21:30:34 +0000

Kosovo police have seized dozens of crypto mining devices from residents of a majority Serb region in the north of the country. Authorities in Pristina and Belgrade exchanged accusations over the move, which has the potential to raise tensions in the ethnically divided, partially recognized Balkan state. Kosovo Government Cracks Down on Crypto Mining in […]

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Ukraine Dismantles $40 Million Russian Crypto Pyramid

DIGIT — Thu, 06 Apr 2023 21:30:48 +0000

Ukrainian law enforcement has exposed a financial pyramid originating from Russia suspected of making millions of U.S. dollars. The scam convinced victims to send fiat money and cryptocurrency by promising profitable investments in big companies around the world. Large Crypto Pyramid Scheme With Russian Roots Busted in Ukraine Officers from the Security Service of Ukraine […]

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Most Crypto Sent From Wallets Sponsoring Russia in Ukraine War Reaches CEXs, Binance, Research Shows

DIGIT — Thu, 30 Mar 2023 22:04:58 +0000

Millions of U.S. dollars’ worth of cryptocurrency has been sent to centralized exchanges (CEXs), most notably Binance, from wallets providing funds in support of Russia’s war effort in Ukraine, transaction data suggests. According to Ukrainian analysts, the money was transferred to the crypto trading platforms in order to be laundered. Over 90% of Pro-Russian Crypto […]

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North Macedonia Says Bomb Threats Come From Russia, Crypto Used to Hide Origin

DIGIT — Wed, 08 Mar 2023 02:30:07 +0000

The government of North Macedonia believes that an ongoing wave of false bomb threats against public targets in the country is coming from Russia and Iran. The authorities in Skopje also say that payments related to the attacks have been made with cryptocurrency to conceal traces. Over 700 Facilities Targeted With Bomb Threats in North […]

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Ukraine’s Government-Provided Crypto Addresses Raised $70 Million During War, Report

DIGIT — Thu, 02 Mar 2023 07:00:04 +0000

Crypto donations collected by the government in Kyiv since the start of the Russian invasion have amounted to almost $70 million, according to Chainalysis. Ether has been the most donated crypto followed by bitcoin and the stablecoin tether, the blockchain intelligence firm said in a report. Ukraine Receives Millions of Dollars in Various Coins From […]

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