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Russia Will Not Try to Ban Home Crypto Mining, Finance Ministry Official Indicates
3.4.2022
A high-ranking representative of the Ministry of Finance in Moscow sees no point in banning crypto mining in Russian households as it would be hard to restrict the activity. The top official also revealed that the department is currently finalizing regulations for the mining sector as part...
Kyberdyne Partners with SWFT Blockchain for Easy Payment and NFT Trading Activity
30.3.2022
Kyberdyne, the forerunner of the blockchain game 3.0, has announced that it would work closely with SWFT blockchain, a cross-chain flash exchange, along with the NFT marketplace aggregation service. This partnership is going to benefit both parties’ user experience and community ecology....
Russian Banks Told to Track Crypto-Related Transactions Amid Currency Restrictions
19.3.2022
Bank of Russia has recommended commercial banks pay heightened attention to their clients’ transactions related to cryptocurrencies. The regulator requires the financial institutions to monitor such activity against the backdrop of restrictions on currency operations amid western sanctions....
FinCEN Issues ‘Red Flags’ on Potential Sanctions Evasion Using Cryptocurrency
9.3.2022
The Financial Crimes Enforcement Network (FinCEN) has issued an advisory on Russian efforts to evade sanctions that includes a number of crypto-related red flags. However, the bureau admitted that it has not seen “widespread evasion” of its sanctions using cryptocurrency. FinCEN Warns...
Coinbase Touts Blacklist of 25K Russia-Linked Addresses Allegedly Tied to Illicit Activity
7.3.2022
Combating accusations that crypto is an ideal sanctions evasion tool, Coinbase said it has long taken “proactive” steps to root out criminally-tied Russians
eToro Q4 Trading Income Rose Amid Crypto Activity Rebound
7.3.2022
The crypto trading platform said it is continuing to work hard on the SPAC merger that would see the company go public by June 30
Layer 2 address activity slows, but Arbitrum bucks the trend
1.3.2022
Layer two activity is cooling for most networks, but Arbitrum has seen an increase in TVL and active addresses recently
Valve CEO Gabe Newell Praises NFT Technology, Criticizes Bad Actors
28.2.2022
Gabe Newell, founder and CEO of Valve, a popular company in the PC gaming market, has revealed his take on crypto and NFTs when applied to games. In an interview with gaming media, Newell validated the NFT technology that makes it possible to create these digital representations. However, he also...
Bank of America Sees No Crypto Winter Given User Adoption, Developer Activity Growth
28.2.2022
Even so, crypto-market upside likely to be limited for the next six months by Fed tightening, macroeconomic headwinds
Bitcoin network activity down 30% from highs as 'tepid' demand mimics mid-2019
21.2.2022
2022's bear is 2019's bull as Bitcoin active entities number around 275,000 per day in February
Credit Suisse data leak reveals decades of shady clients and activity
21.2.2022
Swiss bank secrecy laws have protected Credit Suisse from having to disclose whether it was banking criminal activity, which is a far cry from the transparency blockchain technology offers
Report Attributes Large Share of Global Crypto Crime to Russia, Moscow City
16.2.2022
The growing popularity of cryptocurrencies has placed Russia among the leaders in adoption. But while it is yet to reach the top of the ranking, the country already has a “disproportionate share” of global activity related to some forms of crime involving cryptocurrency, according...
Cent NFT Marketplace Suspends Activity Due to Plagiarism Issues
14.2.2022
Cent, one of the first marketplaces to allow people to sell tweets as NFTs, has suspended almost all of its activity due to plagiarism-related problems. According to its CEO and co-founder Cameron Hejazi, people keep selling NFTs of other NFTs or using content that is not owned by them originally...
Report: Chainalysis Detects ‘Significant’ Wash Trading Using NFTs
7.2.2022
Chainalysis, one of the leading blockchain and cryptocurrency auditing firms, has issued a report indicating signs of significant wash trading activity involving NFTs. In these operations, some actors effectively sell their assets to themselves, with the intention of increasing the floor price...
Russians Mining Crypto to Pay at Least 15% Tax, Companies – No Less Than 6%, Lawmaker Says
6.2.2022
Private individuals mining cryptocurrency may expect a higher tax burden than businesses involved in the industry, a high-ranking member of the Russian parliament has indicated. While the extraction of digital currencies is yet to be regulated in Russia, authorities lean towards recognizing it...
Tezos transactions and smart contract activity surge on NFT demand
2.2.2022
Smart contract activity in the Tezos ecosystem has surged over the past year as it becomes a magnet for NFT activity
Chrono․Tech Attracts $30 million Investment
27.1.2022
PRESS RELEASE. Australian asset manager Mark Carnegie and a European Family Office have recently taken stakes in the company, totalling around $30 million, as Chrono’s ecosystem soared in activity and value over the course of 2021. The growth of the crypto market and blockchain sector...
Utility Seeks $800,000 From Russians Mining Crypto With Cheap Power
27.1.2022
The main utility company in Irkutsk is looking to collect almost $800,000 from owners of crypto farms that have allegedly caused a spike in electricity consumption in the Russian region. The supplier accuses the miners of burning cheap household electricity in what is, in fact, a business activity....
Blockchain meets activity tracking: Project rewards healthy habits with tokens
21.1.2022
Medical professionals have developed ways to track and store personal health data securely within the blockchain
Auditing Firms Claim Crypto.com Lost $15 Million in Incident as Users Report Suspicious Activity
19.1.2022
Crypto.com, a leading cryptocurrency exchange, experienced an incident on January 17 when some of its users reported strange activity in their accounts. The exchange acknowledged the event, and conducted an investigation immediately after, declaring that all funds were safe. However, reports from...