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Category: Crypto

Investment Fund Focused on Crypto Mining to Be Created in Russia

Posted on March 3, 2023 By Caden
Investment Fund Focused on Crypto Mining to Be Created in Russia

The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian Crypto Mining Sector to Attract Shareholders Through Investment Fund Work has begun to set…

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Bank of Russia, Crypto, crypto mining, Cryptocurrencies, Cryptocurrency, equipment, establishment, fund, Hardware, investment, investment fund, Mining, mutual fund, Regulations, rules, Russia, russian

Briton Wanted by US for Advising North Korea on Crypto Arrested in Russia

Posted on February 23, 2023 By Caden
Briton Wanted by US for Advising North Korea on Crypto Arrested in Russia

A British national wanted with a red notice from Interpol for consulting North Korea on cryptocurrencies has been detained in Moscow. U.S. authorities allege that the man helped the regime in Pyongyang to bypass sanctions using digital assets. U.K. Citizen Sought by U.S. for Violating North Korea Sanctions Apprehended in a Moscow Hostel The Russian…

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American, Arrest, Arrested, Blockchain, blockchain technologies, Brit, British citizen, Briton, Crypto, crypto entrepreneur, crypto technologies, Cryptocurrencies, Cryptocurrency, detained, evasion, INTERPOL, News, north korea, pyongyang, Russia, russian, Sanctions, U.S., US

Russia Releases Bitzlato Co-Founder Anton Shkurenko After Questioning

Posted on February 12, 2023 By Caden
Russia Releases Bitzlato Co-Founder Anton Shkurenko After Questioning

Russian authorities have released the recently arrested co-founder of crypto exchange Bitzlato, said to have processed illicit funds worth millions of U.S. dollars. Anton Shkurenko, who was questioned in Moscow, denies the French charges against him that became the reason for his brief detention. Shkurenko Says Potential Case Against Him in Russia Won’t Interfere With…

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Anton Shkurenko, Arrest, Bitzlato, Charges, co-founder, Crypto, crypto exchange, Cryptocurrencies, Cryptocurrency, Europol, Exchange, Exchanges, extradition, France, french, INTERPOL, Prosecutor's, Release, Russia, russian, Shkurenko

Hive Ransomware Network Dismantled by American, European Law Enforcement

Posted on January 27, 2023 By Caden
Hive Ransomware Network Dismantled by American, European Law Enforcement

Law enforcement authorities from over a dozen countries in Europe and North America have taken part in disrupting the activities of the Hive ransomware group, the U.S. Justice Department and Europol announced. Hive is believed to have targeted various organizations worldwide in the past couple of years, often extorting payments in cryptocurrency. Captured Decryption Keys…

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companies, Crypto, Cryptocurrency, darknet, DOJ, EU, Europol, Extortion, FBI, government facilities, hive, hospitals, IT, Law Enforcement, News, OIL, Payments, ransom, ransom payments, ransomware, Ransomware attacks, uk, US, Victims

Crypto Regulation Is Like a Flimsy Umbrella in a Monsoon

Posted on January 25, 2023January 27, 2023 By Caden
Crypto Regulation Is Like a Flimsy Umbrella in a Monsoon

You know what they say, “when life gives you lemons, make lemonade.” But when it comes to protecting your crypto funds on centralized exchanges (CEXes), the old adage should be “when life gives you regulations, make a self-custody wallet.” Self-custody is undoubtedly a better solution for protecting the interests of customers in crypto. Regulation alone…

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Germany’s Financial Watchdog Warns of ‘Godfather’ Malware Attacks on Crypto Apps

Posted on January 12, 2023January 27, 2023 By Caden
Germany’s Financial Watchdog Warns of ‘Godfather’ Malware Attacks on Crypto Apps

The agency overseeing the financial sector in Germany has issued a warning about the ‘Godfather’ malware attacking banking and crypto applications. Hundreds of these platforms have been targeted, the regulator noted, including those operating in the Bundesrepublik. Financial Authorities Advise Germans How to Protect Their Mobile Apps From Malware The Federal Financial Supervisory Authority of…

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accounts, android, applications, Apps, Attacks, banking apps, Crypto, crypto apps, Cryptocurrencies, Cryptocurrency, german, Germany, Godfather, Hacks, Malware, mobile apps, regulator, Security, Trojan, Wallets, watchdog

UK Treasury Considers Digital Pound, Maintains Crypto Hub Objective

Posted on January 12, 2023January 27, 2023 By Caden
UK Treasury Considers Digital Pound, Maintains Crypto Hub Objective

The U.K. is mulling over launching a digital pound as it remains committed to becoming a cryptocurrency hub, a government representative has indicated. British authorities should also regulate payments with stablecoins, according to the official. United Kingdom Prepares to Begin Consultation on Digital Pound Currency The executive power in London is considering the introduction a…

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CBDC, Crypto, crypto regulations, Cryptocurrencies, Cryptocurrency, Digital Currency, digital pound, Finance, Government, minister, Regulations, rules, secretary, Stablecoins, Treasury, U.K., uk

Crypto Lender Nexo Under Investigation for Alleged Money Laundering, Russian Sanction Violations in Bulgaria

Posted on January 12, 2023January 27, 2023 By Caden
Crypto Lender Nexo Under Investigation for Alleged Money Laundering, Russian Sanction Violations in Bulgaria

According to several reports, Bulgarian law enforcement officials are investigating crypto lender Nexo for alleged money laundering and sanctions violations. Siika Mileva, a spokesperson for Bulgaria’s attorney general, said the probe into Nexo is a large-scale operation involving 300 investigators from various agencies, including the National Security Service, Gendarmerie, and Sofia Police. Bulgarian Law Enforcement…

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Trump’s NFT Prize Collection Surfaces on Secondary Markets, Generates $53K in 24-Hour Sales

Posted on January 12, 2023January 27, 2023 By Caden
Trump’s NFT Prize Collection Surfaces on Secondary Markets, Generates $53K in 24-Hour Sales

Following the launch of Donald Trump’s non-fungible token (NFT) card collection, winners of the Trump-themed prizes are selling prize NFTs on secondary NFT marketplaces such as Opensea. The Polygon-minted NFTs act as passes for a one-on-one Zoom meeting with the 45th president of the United States and a gala dinner with Trump. During the past…

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Crypto Miners in Kazakhstan Start Paying Higher Electricity Fees

Posted on January 7, 2023January 27, 2023 By Caden
Crypto Miners in Kazakhstan Start Paying Higher Electricity Fees

Since the beginning of 2023, cryptocurrency miners operating in Kazakhstan are obliged to pay new fees for the power they need to mint digital coins. A surcharge introduced in 2021 now depends on the price of electricity consumed by bitcoin farms and can be much higher than the original levy. New Year Brings Higher Costs…

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bitcoin farms, Crypto, crypto farms, Cryptocurrencies, Cryptocurrency, FEE, Fees, Kazakhstan, Miners, Mining, mining companies, mining farms, rates, tariff, Tax, Taxes

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