Crackdown on Crypto Mining in Irkutsk, Russia: Illegal Miners Targeted

by Александр Пирогов | Mar 21, 2024 | Blog News

The Irkutsk Prosecution Service announced via Telegram that a 35-year-old crypto miner will face trial for allegedly stealing electricity in Cheremkhovo, a town in the Russian crypto mining hotspot of Irkutsk. This move comes amid a broader crackdown on illegal and...

Optimism Surrounding Passage of Critical Crypto Legislation in USA

by Александр Пирогов | Mar 21, 2024 | Blog News

Congressman Patrick McHenry expressed optimism regarding the passage of crucial cryptocurrency legislation before the November elections. He highlighted positive shifts in legislative prospects, particularly after leadership changes within the House Republicans....

Bitcoin Rising: Argentinians Shift Wealth Preservation Strategies

by Александр Пирогов | Mar 20, 2024 | Blog News

Amidst Argentina’s ongoing economic challenges, a notable transformation is underway as citizens seek to safeguard their wealth against the persistent devaluation of the peso. Increasingly, Argentinians are turning to Bitcoin as a hedge against inflation,...

Crypto Advocacy Groups Rally Behind Coinbase in SEC Case

by Александр Пирогов | Mar 20, 2024 | Blog News

In a significant development, several prominent advocacy groups, including the Crypto Council for Innovation (CCI), Satoshi Action Fund, Texas Blockchain Council, Paradigm, Lejilex, and the U.S. Chamber of Commerce, have filed amicus briefs in support of...

UK FCA to Introduce Market Abuse Regime for Cryptocurrencies

by Александр Пирогов | Mar 20, 2024 | Blog News

In a bid to strengthen investor protection and ensure market integrity, the Financial Conduct Authority (FCA) of the United Kingdom has unveiled plans to implement a market abuse regime for cryptocurrencies within the current year. The move, outlined in the...

Bitcoin Faces Quantum Computing Threat: A Crossroads for the Crypto Giant

by Александр Пирогов | Mar 20, 2024 | Blog News

Quantum computing, hailed as a transformative force with the potential to reshape various industries, poses a significant threat to Bitcoin, the leading cryptocurrency valued at $1.27 trillion. Bitcoin’s reliance on the Proof-of-Work (POW) consensus protocol and...