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Search Results for: russia

Crypto Industry Expected to Flourish in Russia to Overcome Sanctions by the West

Russian BTC miners contributed roughly 11.2% of the worldwide BTC hash rate. SWIFT and crypto transactions will not be affected by the new limits. According to experts, Russia may use cryptocurrencies to avoid the sanctions imposed by the United States as part of its ongoing conflict with Ukraine. Today morning,

February 25, 2022 1 min read

Vitalik Buterin Tweeted on the Ongoing Feud Between Russia and Ukraine

The capital Kiev and the city of Kharkiv, were hit by Russian missiles. Ethereum has been down 11.67% in the last 24 hours. Ethereum co-founder Vitalik Buterin expressed his disappointment on Twitter at Putin’s decision to go to war and abandon the possibility of a peaceful resolution to the conflict

February 24, 2022 1 min read

Ukraine Legalizes Cryptocurrencies Amid Russia Face-Off

Fintech companies and government organizations use Elliptic to keep tabs. Moscow denies that it is contemplating an assault. Amid escalating tensions with Russia and the presence of more than 100,000 Russian soldiers on its border, Ukraine legalized cryptocurrencies on Thursday, a move that sent global markets into a tailspin. Ukraine

February 18, 2022 1 min read

Major Darknet Online Crypto Marketplaces Seized by the Russian Authorities

Trump’s Dumps has raked in roughly $4.1 million since its inception in 2017. UniCC became the market leader when Joker’s Stash was shut down. Millions of credit card credentials are traded for crypto assets every day in the Darknet market. Cybercriminals use these cards to make online purchases they may

February 12, 2022 1 min read

Recent Opinion Poll Reveals Russians Divided Over Crypto Ban in the Country

According to the poll, most Russians (64%) have heard about bitcoin. Russians own nearly 17 million crypto wallets. The Russian Public Opinion Research Center (Vtsiom) has released new research evaluating Russian individuals’ opinions towards crypto assets and operations amid continuous disputes on the future of digital currencies. Regarding the country’s

January 30, 2022 1 min read

Russia Being Blocked From SWIFT Would Benefit Crypto Market?

More than 11,000 financial institutions now rely on the SWIFT payment network. It is crucial for global finance since there is no acknowledged alternative. It seems that the Kremlin is terrified of being cut off from the global financial system as Western nations threaten Russia with an unprecedented sanctions package

January 27, 2022 2 mins read

An Aggrieved Employee Of Russian Crypto Exchange Slashes Twitter Account

A significant fact is that crypto exchanges are being hacked with quite a few breaks but it has been a rotational process. Some exchanges have been hacked and the assets of the users have also been stolen. Traversing that, social media hacking has also become a common trend while it

January 24, 2022 2 mins read

Russia’s Central Bank Demands Complete Crypto Ban

The regulations for cryptocurrencies from the Federal department of several countries have tightened. As an added country to the list of revised regulations, Russia has joined now as the central bank demands a crypto ban. According to the report revealed on Thursday, the central bank of Russia claims that the

January 20, 2022 2 mins read

Russian Central Bank Plans to Get Crypto Ban in the Country

The central bank’s current stance is a total rejection of all cryptos. Earlier this year, Russia’s central bank cited China and India as examples. In light of the growing number of cryptocurrency transactions, two people familiar with the Russian financial industry believe that the Russian central bank is imposing a

December 17, 2021 1 min read

Russia Tops With Highest Crypto Transactions of $5 Billion For 2021

Russia becomes the highest crypto user country in the world for 2021. Russians are the highest users among the Binance platform. The Central Bank of Russia is quite worried about the current financial inflammation due to cryptocurrency . Whether it be the World wars, nuclear weapons, space programs, whatever field

November 28, 2021 2 mins read