Auto Added by WPeMatico

Russia to Work With Digital Currencies of Other Nations

The platform developed for the digital ruble will be able to operate with different state-issued digital currencies, the Bank of Russia said. Mechanisms for interaction with digital coins minted by…

Continue ReadingRussia to Work With Digital Currencies of Other Nations

Bitcoin Whale Transfers $13 Million Worth of Dormant Coins Dating Back to 2012 and 2013

Following the transfer of $60 million worth of bitcoins on April 19, after more than nine years of dormancy, another whale has made its move. The whale, who acquired 1,129…

Continue ReadingBitcoin Whale Transfers $13 Million Worth of Dormant Coins Dating Back to 2012 and 2013

EU Parliament Greenlights Markets in Crypto Assets Law, Tracing Rules

Members of the European Parliament gave their final approval to a package of EU-wide regulations for crypto assets. The legislators also backed the introduction of mechanisms allowing the tracing of…

Continue ReadingEU Parliament Greenlights Markets in Crypto Assets Law, Tracing Rules

NBA Hall of Famer Shaq Served in FTX Investor Suit

A law firm representing FTX investors has served former NBA star Shaquille O’Neal in a class-action case against celebrities who endorsed the failed crypto exchange. The lawsuit accuses Shaq, along…

Continue ReadingNBA Hall of Famer Shaq Served in FTX Investor Suit

Crypto Exchange Bitrue Suffers $23 Million Hack

Singapore-based crypto exchange Bitrue has lost millions of U.S. dollars’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct…

Continue ReadingCrypto Exchange Bitrue Suffers $23 Million Hack

Biggest Movers: ADA Surges to 7-Month High, as XRP Extends Recent Gains 

Cardano rose to its highest level in seven-months on April 14, as cryptocurrency markets remained bullish. The global crypto market cap rose by as much as 2.25% on Friday, with…

Continue ReadingBiggest Movers: ADA Surges to 7-Month High, as XRP Extends Recent Gains 

Russian Law Enforcement Prepares to Seize Crypto Assets, Seeks Permission to Set Up Wallets

Russian investigators are pressing the parliament and government in Moscow for permission to open their own cryptocurrency wallets. This would allow law enforcement agencies to seize digital assets during criminal…

Continue ReadingRussian Law Enforcement Prepares to Seize Crypto Assets, Seeks Permission to Set Up Wallets

Russia Takes Second Place Rank by Power Capacity in Crypto Mining, Reports

Russia is now ranking second in terms of energy capacities engaged in the extraction of cryptocurrencies, new data suggests. Despite persisting regulatory uncertainty and the negative effects of sanctions, the…

Continue ReadingRussia Takes Second Place Rank by Power Capacity in Crypto Mining, Reports

Chatgpt Pretty Intelligent, Did Not Recommend Bitcoin, Peter Schiff Tweets

Economist Peter Schiff praised the artificial intelligence of the Chatgpt assistant for omitting bitcoin in a suggested “recession-proof” portfolio. The long-time gold proponent commented on a report claiming the chatbot…

Continue ReadingChatgpt Pretty Intelligent, Did Not Recommend Bitcoin, Peter Schiff Tweets