Malta Tops Exchange-Based Crypto Trade, Russia Leads in OTC Volume

Malta Tops Exchange-Based Crypto Trade, Russia Leads in OTC Volume

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Jurisdictions with crypto-friendly legislation or comprehensive regulations in place are leading in terms of exchange-based cryptocurrency trading. According to a new study, however, over the counter and P2P exchange is much more popular in developing nations and countries where non-cash payments are still not widely spread. Also read: Crypto Funds Number 466 Despite Trends, Uncertainty…

Kaspersky Labs Warns Against Cryptocurrency Mining Malware Affecting Several Corporations

Kaspersky Labs Warns Against Cryptocurrency Mining Malware Affecting Several Corporations

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The public threat of cryptocurrency miners seemingly increases daily. In the latest instance, a cryptocurrency miner dubbed “PowerGhost” was found to have infected servers of entire corporations, extracting massive amounts of energy to fulfill unlawful purposes. Miner Threatens Corporations As stated on SecureList on July 26, 2018, Moscow-based Kaspersky Labs revealed the presence of a…

Russians To Mine Bitcoin Close to a NATO Exercise in Norway

Russians To Mine Bitcoin Close to a NATO Exercise in Norway

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A serious Russian investment in a new mining facility in Norway has sparked questions – why here, why now? Russians are throwing a billion kroner into a project to install thousands of powerful computers mere kilometers from the scene of a large NATO exercise. The construction of the farm is expected to begin this summer,…

Putin: Cryptocurrency Has Its Place, No State Can Have Own Crypto

Putin: Cryptocurrency Has Its Place, No State Can Have Own Crypto

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Cryptocurrency has its place in the world and Russia should carefully consider when and how to take part in the process of its development, Vladimir Putin said in his annual Q&A session with Russian citizens. The president noted that “by definition” neither Russia, nor any other country could have a national cryptocurrency. Putin also mentioned the…

SA Central Bank Comes Up With Another Nickname for Cryptos – “Cyber Tokens”

SA Central Bank Comes Up With Another Nickname for Cryptos – “Cyber Tokens”

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Cryptocurrencies don’t meet the requirements of money, according to the South African Reserve Bank which has decided to call them by a different name. It’s one that does not imply either currency or cryptography. “We prefer to use the word ‘cyber-token’,” said a high-ranking official of the central bank in Pretoria, adding another entry into…

Russian Duma Adopts Three Crypto Bills on First Reading

Russian Duma Adopts Three Crypto Bills on First Reading

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Russian State Duma has approved its first reading of the long-awaited legislation package regulating crypto-related matters and activities. The legal texts, voted almost unanimously, will open the way for legalization of cryptocurrencies in the Russian Federation, including their exchange and circulation under certain conditions. Deputies now have about two weeks to propose amendments before they…

Sberbank Buys Commercial Bonds Issued Over Blockchain Platform

Sberbank Buys Commercial Bonds Issued Over Blockchain Platform

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Russian bank Sberbank CIB and telecoms firm MTS have conducted what they say is the country’s first commercial bond transaction made using blockchain.

Bitcoin in Brief Tuesday: Bank Wires, Tickets, and Diplomas on Blockchain Tech

Bitcoin in Brief Tuesday: Bank Wires, Tickets, and Diplomas on Blockchain Tech

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The prospect of transferring an entire national payment system to blockchain technology deserves attention and we are covering the story in today’s Bitcoin in Brief. Reports that Russia may transform its version of SWIFT as early as next year coincided with the news that the US banking giant JP Morgan has applied for a blockchain…

Telegram Rakes in Over $1.5 Billion, Ditches ICO for an Open Network & Token

Telegram Rakes in Over $1.5 Billion, Ditches ICO for an Open Network & Token

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The Wall Street Journal reported Telegram has raised $1.7 billion in anticipation of an initial coin offering (ICO). However, the company has instead decided to scrap its much publicized ICO in favor of beefing up its popular messaging service and expanding into tokenization. Also read: Microsociety Fort Galt in Chile Uses Bitcoin to Build Anew…