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$SAI’s Skyrocket on Friday Shows Enormous Potential in Bitcoin Heating


PRESS RELEASE. SAITECH Limited (SAI for short), a clean energy and computing operator based in Singapore, saw a surge in its stock price last Friday. The highest increase in SAI’s stock price on that day was $7.4, a 387% rise from the previous day’s price. The closing price of...

Nasdaq Aims to Launch Crypto Custody Services in Second Quarter


Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector which saw the collapse of some major...

Bank of Russia Registers Another Digital Asset Issuer


The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’ becomes the fifth ‘information system operator’ in the country that can legally tokenize traditional assets and organize their trade. Number...

Upbit Operator Denies it Wants to Buy a Securities Firm


Dunamu, the operator of Upbit, South Korea’s biggest crypto exchange, has denied it is poised to buy a securities company – and says it is instead eyeing non-fungible token (NFT) expansion. The operator has recently been linked with a takeover move for an unnamed domestic securities provider....

Mostecký operátor WMS TV se mění na FajnTelku


Severočeský poskytovatel internetu a televize WMS TV mění název na FajnTelku. Zákazníky od ledna postupně převádí na novou službu, která už má aplikace pro chytré televizory

State-backed Crypto Mining Farm under Construction in Russia’s Buryatia


A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is already underway, carried out by a subsidiary of Russia’s largest mining operator, Bitriver. Bitriver...

Major Crypto ATM Operator Coin Cloud Files for Bankruptcy


One of the largest cryptocurrency ATM operators, Coin Cloud, which claims to operate more than 5,000 crypto ATMs, has filed for bankruptcy in the U.S. The company’s largest creditor is Genesis Global Trading, whose parent company also recently filed for bankruptcy in the U.S. Coin Cloud Files...

Fasttoken, Official Crypto of Fastex, to Launch to the Public on January 18


Developed by technology giant SoftConstruct, Fasttoken (FTN) is the official cryptocurrency in the Fastex ecosystem and the native token of the Fastex Chain. Aside from passing two audits by independent third-party auditors, Fastex is a regulated virtual currency exchange and virtual currency...

Bill on Digital Ruble Submitted to Russian Parliament


A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation introduces rules determining how the new form of national fiat will be issued and amends a series of legal acts to facilitate its implementation. Bank of Russia to...

BTC-e’s Alexander Vinnik Applies for Release on Bail Citing Trial Delay


The alleged operator of crypto exchange BTC-e, Alexander Vinnik, has asked to be released on bail due to the delay in court proceedings. In early August, the Russian IT specialist was extradited to the United States to face charges of money laundering through the now-defunct coin trading platform....

Onecoin Co-Founder Pleads Guilty to Fraud Charges in US


Karl Sebastian Greenwood, a co-founder and operator of Onecoin, has pled guilty to his part in building the notorious crypto pyramid. The fake cryptocurrency’s “global master distributor” has been in custody since 2018 when he was arrested in Thailand and extradited to the United States....

Bahrain Telecom Operator Starts Accepting Crypto Payments


Stc Bahrain, a subsidiary of the Bahrain telecoms operator Stc Group, recently said its partnership arrangement with payment service provider Eazy Financial Services has created an opening that allows clients to pay bills using crypto. According to a statement, the telecom operator’s move...

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