Cryptocurrency Analysis and News Portal
Russian marketplaces on the dark web have continued to operate despite Western sanctions and efforts to shut them down, according to a report accessing the illicit blockchain space amid the world’s “first crypto war.” Ransomware actors and high-risk crypto exchanges have also remained active. Underground Russian Crypto Platforms Adapting to Disruptions
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Four Russians have been charged in the U.S. with operating a crypto pyramid and Ponzi scheme that defrauded investors of millions of dollars. If convicted, they would face a maximum penalty of 20 years in prison for their roles in the purportedly decentralized finance (defi) platform Forsage. Forsage Founders Charged With
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Social media groups devoted to cryptocurrencies in Russia have been attacked by bots in what looks like a campaign against bitcoin and the like. Their comments on Russia’s largest social media platform are triggered by certain keywords like crypto and blockchain, members of the community have noticed. Bots Flood Vkontakte
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For now, the value of cryptos can be displayed in Russian rubles, US dollars, euros, and other fiat currencies. In the future, Yandex is planning to add more pairs. Yandex, a Russian tech giant the Yandex search engine, has announced adding cryptos to its currency converter. Now, in addition to the data about
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A draft law filed in the Russian parliament permits operators of platforms providing financial services to also run blockchain platforms. The legislation will allow them to combine their regular activities in the traditional financial market with issuing digital assets. New Law Opens Door to Blockchain Space for Russian Financial Service Providers The
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A Russian national accused of processing cryptocurrency payments from ransomware attacks has pleaded guilty to money laundering in the United States. The man who was extradited from the Netherlands in mid-August, last year, will be sentenced in April. Russian Crypto Launderer Pleads Guilty in US Court, May Get Up to 20
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Other members sanctioned include Maksim Mikhailov, a developer known as “Baget;” Valentin Karyagin, a developer known as “Globus;” Mikhail Iskritskiy, an alleged money launderer for the group known as “Tropa;” Dmitry Pleshevskiy, a coder known as “Iseldor;” Ivan Vakhromeyev, a manger known as “Mushroom;” and Valery Sedleski, an administer known
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The crypto mining industry has faced moratoriums in some parts of the United States and Canada in recent months. Now, Russia provides tax incentives for those who want to invest in crypto mining. With the government’s direct support, the new $12 million crypto mining center will open in east
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By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin’s comeback has stalled at the $24,000 level, as it retraced last night to $22,700. Bitcoin
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The Office of Foreign Assets Control of the United States Department of the Treasury has added two cryptocurrency wallets allegedly connected to a Russian sanctions evasion network as part of its list of Specially Designated Nationals.In a Feb. 1 announcement, OFAC said it had added one Bitcoin (BTC) address and
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