Students Mining Crypto in Dorms May Face Criminal Prosecution in Russia, Lawyer Says

University students in Russia minting digital currencies in their dormitories risk penalties and even criminal charges, according to a legal expert quoted by local media. The warning comes as Russian authorities are trying to curb crypto mining with cheap energy in residential areas. Mining May Turn Into Risky Undertaking for Russian Students As more and … Read more

Theta Network Price Up 22% Amid Upcoming The Price Is Right NFT Drop and Replay’s RPLAY Token Launch

Theta Network is up over 22% today, making it the top Metaverse crypto coin gaining the most price today. The recent price hike comes amid an upcoming NFT drop for the iconic show The Price Is Right, along with a recent announcement that Replay is launched the industry’s first video licensing and tracking protocol. Let’s … Read more

Kazakhstan President Orders Government to Find All Miners and Raise Tax by April

President of Kazakhstan Kassym-Jomart Tokayev has instructed authorities to identify all crypto mining enterprises and increase the electricity surcharge they are required to pay. The state is not against legal mining activities, but crypto farms should be licensed and taxed, Tokayev insisted. Miners in Kazakhstan to Pay Higher Electricity Tariffs On top of electricity shortages … Read more

Ukrainian Volunteer Groups Accept Bitcoin Donations Amid Tensions With Russia, Study Finds

Non-government and volunteer organizations collecting funds to support Ukrainian forces have been accepting donations in cryptocurrency, a new report has unveiled. The findings have been published amid heightened tensions with Russia, which has been accused of amassing troops at the border with Ukraine. Ukrainian Organizations Crowdfund Defense Effort With Crypto Ukrainian NGOs and volunteer groups … Read more

Aave Launches Web3, Smart Contracts-Based Social Media Platform Built on Polygon

The decentralized finance (defi) lending platform Aave has revealed the launch of a Web3 social media platform called the Lens Protocol. According to the team, Lens is a “Web3, smart contracts-based social graph” that is built using the Polygon blockchain. Defi Project Aave Drops the Lens Protocol, Platform’s Intent Is to ‘Empower Creators to Own … Read more

Russian Government Approves Plan to Regulate Cryptocurrency

The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework is expected to place cryptocurrency flows under state oversight, introduce strict obligations for market participants, and ensure investor protection. Russian Authorities Move to Legalize Crypto Economy The Russian government “has determined the … Read more

Russian Government Eyes $13 Billion in Taxes From Crypto Economy

Authorities in Moscow expect to collect more than $13 billion as tax payments from the Russian crypto market, according to a government document quoted by media. The estimate comes as Russian institutions are holding discussions on the future of cryptocurrencies in the country. One Trillion Rubles to Enter State Coffers as Crypto Taxes, Russian Analysts … Read more

This Recently Released Cryptocurrency Gained Over 1400% Today, You Will Be Shocked When You Find Out Why

Looking on CoinMarketCap, we noticed a cryptocurrency by the name of BoleToken (BOLE) registering a 1400% gain in the past 24 hours. Taking a closer look at the token, we noticed it reached a $451 million valuation only 24-hour after being released on CMC. Let’s find out what all the hype is about and why … Read more

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