Russian crypto advocates urge Putin to stop regulatory hostility
Russia’s existing regulatory stance on the cryptocurrency industry would potentially lead the country to “direct financial losses,” the RACIB argued. Go to Source Powered by WPeMatico
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Silk Road Bitcoin for sale? US government-linked addresses transfer $1B in BTC
US law enforcement agencies have confiscated thousands of BTC from Silk Road over the years and a significant chunk of it has been auctioned from time to time. Go to Source Powered by WPeMatico
Russian Crypto Industry Association Asks Putin to Help With Regulations
The organization representing Russia’s crypto and blockchain sector has urged Vladimir Putin to spur regulatory efforts. The association fears the Russian Federation may lag behind other nations if it maintains its conservative approach towards new financial technologies. Russian Crypto Businesses Want Putin to Engage With Regulatory Process The Russian Association of Cryptoeconomics, Artificial Intelligence and … Read more
North Macedonia Says Bomb Threats Come From Russia, Crypto Used to Hide Origin
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 … Read more
CoinFLEX restructuring approved in Seychelles as rebranding reportedly continues
The Seychelles courts have approved a plan that would give 65% of the company to creditors and 15% to employees as CoinFLEX is said to transition into the Open Exchange. Go to Source Powered by WPeMatico
Bitcoin ASIC manufacturer Canaan saw 82% revenue drop in Q4
The firm’s revenue only fell by 14% for the entire year as part of better industry conditions in Q1 and Q2 2022. Go to Source Powered by WPeMatico
Hong Kong’s losses to crypto scams doubled to $217M last year: Report
Crypto-related scams in Hong Kong reportedly accounted for over 50% of the total $407 million stolen from city residents in tech crimes in 2022. Go to Source Powered by WPeMatico
Argo increases Bitcoin production despite BTC difficulty growth
Argo’s daily Bitcoin production rate in February surged 7% despite a 10% month-over-month increase in average network difficulty. Go to Source Powered by WPeMatico
Russian Court Sends 3 Crypto Robbers to Strict-Regime Prison
Three Russians are going to spend time in high-security prison for stealing over a million U.S. dollars’ worth of cryptocurrency from another man. In addition, the court has also ordered them to fully compensate the victim for the damages, prosecutors announced. Robbers Get Prison Sentence for Cryptocurrency Theft in Russia A court in the Russian … Read more
Bitcoin price enters ‘transitional phase’ according to BTC on-chain analysis
BTC has struggled to overcome the $25,000 level, but on-chain analysis suggests that the pushback at the key price level is part of the transition out of the bear market. Go to Source Powered by WPeMatico