Monero ‘falling wedge’ breakout positions XMR price for 75% rally
The bullish setup emerges as Monero gears up to undergo a major hard fork in July 2022. Go to Source Powered by WPeMatico
Sanctions
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Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations
Cryptocurrency exchange Binance has been accused in a media report of agreeing to provide user data to Russia’s financial watchdog. The trading platform has refuted the allegations. It also insists it’s complying with Western sanctions imposed over Moscow’s invasion of neighboring Ukraine. Binance Consented to Russian Request for Customer Info, Reuters Claims in ‘Special Report’ … Read more
US Treasury Dept sanctions 3 Ethereum addresses allegedly linked to North Korea
The government department hinted that the addresses were added to the list in an effort to stop North Korea from evading sanctions imposed by the United States and United Nations. Go to Source Powered by WPeMatico
Binance Limits Services to Russian Users to Comply With EU Sanctions
Following the latest round of EU restrictions against Russia, digital asset exchange Binance is limiting services to Russian clients. The company pledged to lead the industry in implementing the sanctions and urged all major trading platforms to follow. Crypto Exchange Binance Cuts Services to Russian Accounts in Accordance With EU Penalties Binance, the world’s leading … Read more
US Sanctions Bitriver, Targets Russia’s Crypto Mining Potential
In an attempt to deny Russia opportunities to evade sanctions through cryptocurrencies, the U.S. Department of the Treasury has sanctioned leading Russian mining firm Bitriver. The move comes amid concerns that Moscow may use the minting of digital coins to monetize its energy resources. Zug-Based Bitriver and Its Russian Subsidiaries Blacklisted by United States The … Read more
Russian central bank needs to ease up digital asset projects, governor says
Elvira Nabiullina is concerned about the Bank of Russia not treating digital asset projects softly enough to attract funding and maintain the economy. Go to Source Powered by WPeMatico
Binance limits services in Russia due to the EU’s 5th package of sanctions
Binance CEO previously said that crypto exchanges must comply with sanctions in a similar way to traditional financial institutions. Go to Source Powered by WPeMatico
US Treasury Dept lists crypto mining firm in latest sanctions against Russia
“The United States is committed to ensuring that no asset, no matter how complex, becomes a mechanism for the Putin regime to offset the impact of sanctions,” said Treasury. Go to Source Powered by WPeMatico
Sanctioned Russia, Iran May Turn to Crypto Mining to Monetize Energy, IMF Says
Nations like Russia and Iran may utilize cryptocurrency mining to monetize their energy resources and circumvent sanctions, the International Monetary Fund predicts in a report. Repercussions of the war in Ukraine continue to reverberate globally and cryptoization is one of the effects, the IMF says. War, Sanctions Lead to Wider Spread of Crypto Assets, Report … Read more
FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms
On April 18, the Federal Bureau of Investigation (FBI), the U.S. Treasury Department, and the Cybersecurity and Infrastructure Security Agency (CISA) published a Cybersecurity Advisory (CSA) report concerning malicious North Korean state-sponsored cryptocurrency activity. According to the U.S. government, law enforcement officials have observed North Korean cyber actors targeting specific blockchain companies in the industry. … Read more
