Bookmarking Crypto Insights
Auto Added by WPeMatico
Sberbank CEO Herman Gref announced that using cryptocurrencies as a payment method within Russia is currently prohibited by law and is unlikely to be allowed in the near future. Speaking at the “FI day. Blockchain: on the edge of a new financial era” conference in Moscow, Gref clarified that while Russia’s new legislation permits the … Read more
Authorities in Grant County, Indiana, have recovered $36,000 in a cryptocurrency scam involving Prateek Jain, a 33-year-old man from Kolkata, India. Jain faces charges of felony fraud and money laundering after allegedly convincing a Marion, Indiana resident to deposit funds into a bitcoin ATM as part of the scam. The case, initially reported to the … Read more
The FBI reportedly raided the Manhattan apartment of Shayne Coplan, CEO of betting platform Polymarket, early Wednesday. The raid followed Polymarket’s accurate prediction of Donald Trump’s 2024 presidential victory, a result that contrasted with traditional polls. FBI agents seized Coplan’s phone and electronic devices, though he was not arrested or charged. A source close to … Read more
China-Russia cooperation is helping to stabilize the region and avert a global crisis, according to Zhang Hong, a research fellow at the Chinese Academy of Social Sciences. Zhang emphasized that as permanent members of the UN Security Council, China and Russia are working together to uphold global peace and security through strong mutual trust and … Read more
Apple and A24 are in the early stages of developing a film adaptation of Michael Lewis’s book “Going Infinite: The Rise and Fall of a New Tycoon,” with Lena Dunham attached to write the script, Variety has reported. The film will co-develop and co-produce by Apple Studios and A24, exploring the dramatic rise and fall … Read more
Bitget has officially re-launched its UK website in compliance with the Financial Conduct Authority’s (FCA) Financial Promotions Regime. With Archax’s approval, British Bitget users can now access a range of crypto services, including trading and custody for tokenized real-world assets. “At Bitget, compliance is the core of our expansion strategy,” said Gracy Chen, CEO of … Read more
A 23-year-old Ukrainian tourist in Phuket, Thailand, was kidnapped and forced to transfer $250,000 in USDT stablecoins (about 8.56 million baht) to two armed robbers. Viacheslav Leibov was threatened with violence until he complied with the robbers’ demands. Initially, the two robbers, an Armenian and a Ukrainian, demanded $500,000 in USDT but agreed to settle … Read more
The use of national and alternative currencies in Russia-India trade has reached nearly 90%, according to Russian First Deputy Prime Minister Denis Manturov. Speaking at a Russian-Indian intergovernmental commission meeting, Manturov emphasized the importance of expanding banking cooperation between the two countries. Trade turnover between Russia and India rose 9% in the first eight months … Read more
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), launched in January, has now surpassed the Ishares Gold Trust (IAU) in assets under management (AUM). According to Factset, IBIT reached approximately $34.3 billion on Friday, overtaking IAU’s nearly $33 billion. This milestone follows President-elect Donald Trump’s victory, with Trump openly supporting cryptocurrency during … Read more
As bitcoin prices continue to reach new highs, the prices of related spot exchange-traded funds (ETFs) have surged significantly. According to the Hong Kong Stock Exchange, the three spot Bitcoin ETFs listed in Hong Kong recorded a trading volume of over HK$120 million last week, marking a remarkable increase of more than 55% compared to … Read more