Last director of Wex, Dmitry Vasiliev, was arrested in Poland. Crypto exchange Wex, aka BTC-e indulged in many money laundering frauds. Previous founder of Wex, charged for money launderings of $4B BTC. These days it seems Russia and crypto have become completely inseparable even amidst all the new rules and
Bank of Russia halts any kind of major crypto payments. Central Bank of Russia instructs local banks to block accounts related to crypto payments. Bank says its for protecting customers from ‘emotional’ investments and purchases on crypto. Russia is one of the most tempted countries when it comes to crypto
Many times as a writer I have come across various scams and Ponzi always prevailing upon the cryptocurrency industry. And so nothing is a shock or a surprise in regards to it. Likewise, the Finiko Ponzi has been in play for a long time and soon it was found to
Scams and hackings have so far become an integral part of the cryptocurrency trend. The more technology develops also so do the aspects of crimes too. Digital crimes are even considered to be much safer compared to live robberies though. Almost every week there occurs a scam or hacks upon
The cryptocurrency mining sector is currently facing extreme hardships in maintaining its presence in recent times. Moreover, all the environmental concerns put forth on Bitcoin (BTC) mining and crypto mining upon the carbon footprints left by them is quite a reason to consider. And much over, all the Securities and
A recent survey about the crypto market trends in China, Japan, Korea and Russia. In China both NFT products and NFT blockchains seem to be popular. Over 66% of all respondents replied that NFT is a bubble. Japanese consulting group FEB Inc recently made an investigation about the crypto market
Founder of Basic Element a Russian industrial Group, with businesses such as Aluminum, Construction and Energy Billionaire Oleg Deripaska came out gun blazing at the Central Bank. According to Forbes is worth around $4.7 billion. Citing that even El Salvador realises the potential of crypto and the Russian bank is
Roscosmos use blockchain technology to fight IP violation in the space industry. Roscosmos can maintain and verify a database of IP data using the tool. It is the first organization to test the new tool. Roscosmos, a Russian space agency utilizes blockchain technology to fight intellectual property violations in the
