Australia to Stocktake Crypto Holdings Ahead of Regulation
Australia intends to do a virtual stocktake of cryptocurrency assets held by its citizens, the new executive power in Canberra announced this week. The move is viewed as an indication…
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Report: Investment Management Giant Invesco Launches Metaverse Fund
The investment management giant Invesco has launched a metaverse fund that will invest in a myriad of startups focused on metaverse technology, a Citywire report detailed on Monday. “We will…
Russian Caught Mining Crypto in Covid-19 Clinic
An IT specialist working for a medical institution in Russia’s Altai Republic has been detained for illegally mining cryptocurrency at the premises of a Covid-19 hospital. The man minted digital…
Moscow Exchange Prepares to List Digital Financial Assets by Year End
Russia’s largest market for equities, bonds, and derivatives, the Moscow Exchange, intends to launch a product based on digital financial assets by the end of the year, an executive has…
Leading Japanese Online Broker SBI to Pull Out of Russia’s Crypto Mining Sector
SBI Holdings, the largest online brokerage in Japan, is shutting down its crypto mining business in the Russian Federation. Amid mounting uncertainty over the future of such investments due to…
Crypto Fear and Greed Index Shows Market Sentiment Remains Fearful
After the Crypto Fear and Greed Index (CFGI) dropped to significant lows and pointed to “extreme fear” in crypto markets at the end of May, and throughout most of June,…
Whitepay Introduces Crypto Payments to Ukraine’s Tech Stores
Ukrainians will be able to purchase electronics and other products with digital coins thanks to a service provided by Whitepay. The payment processor, established by the Ukrainian-born digital asset exchange…
Russian Accused of Laundering Cryptocurrency From Ransomware Attacks Extradited to US
A Russian national suspected of laundering ransomware payments in cryptocurrency on behalf of cybercriminals targeting hospitals has been extradited to the U.S. by the Netherlands. The man was allegedly involved…
Electricity Consumption of Russian Crypto Miners Spikes 20 Times in 5 Years, Research Finds
Power needs of cryptocurrency miners in Russia have grown significantly since 2017, with consumption of electrical energy seeing a 20-fold increase over the five-year period. In 2021, the minting of…
British Fintech Revolut Granted Crypto License in Cyprus
U.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old Continent. The fintech firm says the regulatory approval will allow…
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