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Russian Politicians Want to Ban Private Citizens from Mining Crypto


A senior Russian politician has claimed that lawmakers want to bar private citizens from mining crypto – but will allow industrial miners to operate. The comments came from Anton Tkachev, the Deputy Head of the State Duma’s Committee on Information Policy, Information Technologies,...

Web3 Wallet Backpack Launches Registered Crypto Business in Dubai


Backpack , an all-in-one Web3 wallet, has become the latest to receive a Virtual Asset Service Provider (VASP) license in Dubai. The approval will enable Backpack to launch a regulated cryptocurrency exchange service in the city. Per the company’s press release, Backpack Exchange is set...

Ledger Debuts Cloud-based Private Key Recovery Tool Despite Previous Backlash


Popular hardware wallet company Ledger has launched a cloud-based private key recovery tool called 'Ledger Recover.' According to the official X announcement on October 24, Coincover, a renowned blockchain protection platform, designed the recovery tool. Ledger Recover will provide users an entry...

Solana Upgrade Ushers in Era of Private Transactions


Solana has successfully implemented its 1.16 upgrade, introducing several new features, including improved runtime support for zero-knowledge proofs and enhancements for validators. However, the highlight of this upgrade is the “confidential transfers,” a feature that allows fully...

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