Bank of Russia Expands Digital Ruble Pilot with 17 Additional Banks Joining the Program

by Александр Пирогов | Feb 2, 2024 | Blog News

The Bank of Russia has revealed that 17 more banks are set to join its digital ruble pilot program, expanding the initiative beyond the current 13 participating banks. The newly enlisted banks have signed agreements with the central bank and are in the process of...

U.S. Energy Information Administration Initiates Emergency Survey to Collect Energy Consumption Data from Crypto Miners

by Александр Пирогов | Feb 2, 2024 | Blog News

The U.S. Energy Information Administration (EIA) has commenced a provisional survey, “Cryptocurrency Mining Facilities,” to collect electricity consumption data from identified crypto-mining companies operating in the country. Authorized as an...

Meta’s Reality Labs Achieves Record Q4 Revenue Surpassing $1 Billion, Driven by Strong Sales of Quest Headsets and Ray-Ban Meta Smart Glasses

by Александр Пирогов | Feb 2, 2024 | Blog News

Meta’s metaverse arm, Reality Labs, reported a remarkable Q4 2023 with revenue exceeding $1 billion, the highest in its history. CEO Mark Zuckerberg attributed the success to robust sales of both Quest headsets and Ray-Ban Meta smart glasses. Despite the...

Reserve Bank of India Explores Technology Solutions to Address Privacy Risks in Digital Rupee Development

by Александр Пирогов | Feb 2, 2024 | Blog News

The Reserve Bank of India (RBI) is adopting a cautious approach in developing its digital rupee, actively exploring technology solutions to mitigate privacy concerns associated with a potential central bank digital currency (CBDC). A senior official revealed the...

Germany’s DZ Bank to Launch Retail Crypto Trading Trial for Over 700 Community Banks

by Александр Пирогов | Feb 2, 2024 | Blog News

DZ Bank, the second-largest bank in Germany, plans to initiate a retail crypto trading trial this year, making the service available to its extensive network of over 700 community banks. The Frankfurt-based bank aims to enter the pilot phase for retail crypto trading...

Singapore Issues Cybersecurity Warning Amid Rising Threat of Crypto Drainers

by Александр Пирогов | Feb 1, 2024 | Blog News

Singapore authorities, in collaboration with the Police Force and Cyber Security Agency, release a joint advisory cautioning citizens about the growing threat of crypto drainers in cyberattacks. The advisory highlights the use of commercial crypto draining kits,...