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Onecoin Head of Legal and Compliance Charged for Role in Crypto Pyramid


Authorities in the U.S. have announced charges against a former Onecoin executive for her alleged role in the notorious crypto pyramid scheme. Bulgarian national Irina Dilkinska, who was extradited on Monday, may face up to four decades in prison if found guilty on counts of fraud and money...

Several Crypto Mining Operations Busted in Russia


Authorities and power utilities in various Russian regions have shut down illegal crypto mining farms, seizing hardware and taking operators to court. The action against the coin minting facilities comes amid discussions on a proposal to introduce criminal liability for miners breaking the upcoming...

Russian Parliament Votes on Bill Opening Door for Digital Ruble


Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble. The legislation amends various other acts to introduce definitions and establish procedures related to the launch of the central bank digital currency. Russian...

Artists Finally Have A Tool To Help Fight Back Against 'AI' Platforms


It’s been almost a year since the emergence of “AI art” platforms (it’s neither truly “AI” or art), and in that time artists have had to sit back and watch helplessly as their creative works have been sucked up by machine learning and used to create new images without either credit...

Digital Assets Worth 2 Billion Rubles Issued in Russia in Less Than a Year


Digital financial assets (DFAs) for a total exceeding $26 million have been issued in Russia in the past year. This new market has been developing since it was regulated in 2021 and the country’s monetary authority started licensing issuers in the following year. Volume of Digital Assets Increases...

Openai’s GPT-4 Launch Sparks Surge in AI-Centric Crypto Assets


Following Openai’s release of GPT-4, a deep learning and artificial intelligence product, crypto assets focused on AI have spiked in value. The AGIX token of the Singularitynet project has risen 25.63% in the last 24 hours. Over the last seven days, four out of the top five AI-centric digital...

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