Auto Added by WPeMatico

Russians Own $215 Billion in Crypto Suggests Estimate Attributed to Government

Russians may own more cryptocurrency than previously thought, a new estimate reportedly used by the government has indicated. The quoted figure amounts to over a tenth of the global holdings…

Continue ReadingRussians Own $215 Billion in Crypto Suggests Estimate Attributed to Government

Kazakhstan Expects $1.5 Billion From Crypto Mining in 5 Years, Estimates Suggest

Crypto miners now bring more than $230 million into the economy of Kazakhstan each year and estimates show the figure could increase significantly in the future. The industry’s leading organization…

Continue ReadingKazakhstan Expects $1.5 Billion From Crypto Mining in 5 Years, Estimates Suggest

Investors Lost $10,000 on Average to Russian Crypto Pyramid Finiko, Poll Reveals

Investors defrauded by the Russia-based cryptocurrency Ponzi scheme Finiko have sent the crypto pyramid an average exceeding 720,000 rubles, or more than $10,000 at current exchange rates. The assessment comes…

Continue ReadingInvestors Lost $10,000 on Average to Russian Crypto Pyramid Finiko, Poll Reveals