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Crypto Payments May Not Help Russia Bypass Sanctions, Experts Say
26.9.2022
Russia is preparing to authorize international crypto payments but people involved in the industry doubt this would allow the country to circumvent sanctions. At the same time, the United States has been tightening the noose, recently targeting the use of cryptocurrencies to dodge the financial...
Hardware Wallet D’CENT Offers Multiple Ways Which Can Help Users Bypass Crypto Exchanges
25.5.2022
PRESS RELEASE. D’CENT Hardware Wallet recently added a new user-focused feature named ‘Exchange’ under the platform’s ‘Discovery’ tab menu, allowing users to exchange multiple network cryptocurrency assets with only a few clicks. Furthermore, users...
Report: 100,000 Cubans Are Using Cryptocurrencies to Bypass Financial Sanctions
3.5.2022
On May 2, 2022, a report stemming from the broadcast television and radio network the National Broadcasting Company (NBC), 100,000 Cubans are leveraging crypto assets. The report says increased crypto usage is due to the fact that Cubans cannot use certain payment vehicles due to the sanctions...
FBI director: Russia overestimates its ability to bypass US sanctions using crypto
10.3.2022
Christopher Wray cited the FBI's recent work in seizing large amounts of crypto as evidence there were vulnerabilities in using digital assets to get around sanctions
Umbrel Bitcoin Node Runners Now Help to Bypass Internet Censorship
3.3.2022
Users running Umbrel Bitcoin (BTC) and Lightning nodes can now also help others to bypass internet censorship by installing the Snowflake proxy app on their nodes. It might help censored journalists and other people to access the free and open internet safely....
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EU is ‘taking measures’ against Russia using crypto to bypass sanctions, say finance ministers
2.3.2022
“When it comes to economic and financial sanctions, we want to remain flexible and mobilized,“ said France’s finance minister, Bruno Le Maire
Experts reject concerns Russia will use crypto to bypass sanctions: 'Totally unfounded'
2.3.2022
Blockchain Association's Jake Chervinsky believes politicians should not be worried that Russia may use crypto to get around economic sanctions because it is not feasible at the scale required
Nvidia Hackers Are Selling Software to Bypass Ethereum Hashrate Limiter
1.3.2022
LAPSUS$ said it’s selling a customized driver that could help miners get around the hash rate limiter installed on Nvidia’s high-end gaming cards
Crypto could bypass President Biden's 'devastating' sanctions on Russian banks and elites: Report
24.2.2022
“If a wealthy individual is concerned that their accounts may be frozen due to sanctions, they can simply hold their wealth in Bitcoin," said Mati Greenspan
Spain Based Custodial Services to Report Ownership of Crypto Assets, According to New Law Draft
27.5.2021
A new law draft approved just today by the Finance Commission of the Spanish Congress would make Spain-based custody services report the ownership of the cryptocurrencies under management. The law, which was stuck in Congress for some time, aims to close a gap in the legislation that allowed some...
Path Of Exile Let Streamers Bypass Long Server Wait Times
19.4.2021
During the launch of its new expansion Ultimatum, Path of Exile’s servers were having some problems over the weekend, leaving players with wait times to get in that sometimes stretched into hours. Unless, that is, you were a streamer paid to broadcast the game, in which case you got straight...
DeFi Major Aave Working With Polygon to Bypass Ethereum Congestion
31.3.2021
Whopping gas fees shouldn't limit DeFi to five-figure portfolios, said Aave founder Stani Kulechov
South Korean Tax Agency Identifies Over 2,400 Evaders Who Used Cryptocurrencies to Bypass Taxation
17.3.2021
South Korean authorities seem to be focusing on strengthening measures to combat tax evasion across the nation. The country’s tax watchdog profiled thousands of evaders that relied on cryptocurrencies to hide assets worth billions of Korean won. Evaders Hid a Total of $32.24 Million in Assets...
Nvidia RTX 3060 mines Ether at full power as miners allegedly bypass hash limits
10.3.2021
Nvidia's plans to separate gaming and mining demand could be foiled after a custom modification allegedly bypassed the RTX 3060's Ether mining limitations
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24.2.2021
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Federal Court Rejects Motion Filed by Crypto Developer Virgil Griffith to Dismiss Charges on Aiding North Korea
30.1.2021
A U.S. federal judge has rejected a motion filed by a former Ethereum Foundation developer over allegations of assisting North Korea to bypass sanctions. Prosecutors claim, Virgil Griffith, aided the regime by providing critical information on cryptocurrencies. Prosecutors Say Griffith’s...
183 Violations: US Government Fines Bitgo for Allowing Users to Bypass Sanctions With Cryptocurrency
1.1.2021
The U.S. Office of Foreign Assets Control has fined Bitgo for failing to prevent users in sanctioned countries from using its crypto wallet service. The agency says Bitgo processed 183 cryptocurrency transactions that were “apparent violations of multiple sanctions programs.”...
Central Bank of Iran Official Says Cryptocurrencies Have ‘Made No Contribution to Bypassing Sanctions’
28.12.2020
An official with the Central Bank of Iran (CBI) has claimed that cryptocurrencies have played no significant role in Iran’s sanction hit economy. According to Mohammadreza Mani Yekta, the deputy head of CBI’s office for payment systems, “studies” have shown that digital...
Venezuelan Army Starts Mining Bitcoin for ‘Unblockable Income’
30.11.2020
The Venezuelan Army has inaugurated a cryptocurrency mining center with bitcoin mining equipment aimed at generating “unblockable income,” as the country attempts to bypass U.S. sanctions. The crypto mining center has the support of the country’s crypto regulator, Sunacrip....
‘Bypass’ Attack in Coldcard Bitcoin Wallet Could Trick Users Into Sending Incorrect Funds
25.11.2020
Bitcoin hardware wallet Coldcard is fixing a flaw that could trick users into sending bitcoin on mainnet when they meant to use its testnet