Cryptocurrency Theft Remains Key Revenue Source for North Korea, UN Report Says

Cyberattacks on cryptocurrency exchanges have been a major source of funds for North Korea in the past year, a United Nations report has unveiled. According to the document, the sanctioned nation has also been developing its nuclear and missile programs. North Korea Hits Cryptocurrency Exchanges, Sanctions Monitors Say Hackers controlled by the Democratic People’s Republic … Read more

Russians Mining Crypto to Pay at Least 15% Tax, Companies – No Less Than 6%, Lawmaker Says

Private individuals mining cryptocurrency may expect a higher tax burden than businesses involved in the industry, a high-ranking member of the Russian parliament has indicated. While the extraction of digital currencies is yet to be regulated in Russia, authorities lean towards recognizing it as an economic activity, which will allow the government to tax mining … Read more

Russian Government to Present Regulatory Scenarios for Cryptocurrencies Within a Week, Report

The federal government of Russia should be ready with different regulatory scenarios for the country’s crypto market by the end of next working week, documents from a recent meeting have indicated. The executive power in Moscow favors regulation over the prohibition of cryptocurrencies and related activities. Government Inclined to Legalize Rather Than Ban Cryptocurrency in … Read more

Gofundme Shuts Down Truckers’ Freedom Convoy Fundraiser, Move Highlights the Importance of Crypto Crowdfunding

This week the world has been watching the thousands of truckers in Canada protesting the vaccine mandates at the Freedom Convoy in Ottawa. The Freedom Convoy has received worldwide support and millions of dollars were raised using Gofundme to help fund the protest. However, the crowdfunding platform decided to halt the fundraise and reimburse the … Read more

Russian Association of Power Suppliers Proposes Measures to Prevent Home Mining

The industry organization of Russian energy suppliers has come up with ideas on how to combat cryptocurrency mining in homes, basements and garages. The association believes the phenomenon is the main issue with mining in Russia as authorities prepare to legalize it. Suppliers Move Against Mining With Cheap Electricity The Russian association of energy suppliers … Read more

A DAO Created to Free Julian Assange Has Raised $7.5 Million in Ethereum

A group of cypherpunks recently initiated a decentralized autonomous organization (DAO) in order to try and free the incarcerated Wikileaks founder and activist Julian Assange. So far, the DAO has raised $7.5 million in ether and the funds will be used to help with Assange’s legal fees and raise public awareness about his case. Assangedao … Read more

Belarus Moves to Allow Investment Funds to Acquire Crypto Assets

The crypto-friendly nation of Belarus is preparing to permit investment funds to put money into digital currencies. A proposal to do so is part of a package of necessary legal changes tailored to attract such institutions to the country. Finance Ministry Takes Steps to Facilitate Crypto Investments in Belarus Amendments aimed at luring investment funds … Read more

Top 3 Metaverse Crypto Coins Gaining the Most Price Today (KTON, BYG, ACK)

Today has been an excellent day for global cryptocurrency markets and Metaverse crypto coins. Since Bitcoin and Ethereum saw significant price gains today, we’ve seen many Metaverse coins explode in value. Let’s take a look at the top three Metaverse crypto coins gaining the most price today, ordered by 24-hour price growth, lowest to highest. … Read more

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