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President Vladimir Putin has tasked several ministries and the central bank to prepare to verify information provided by government employees about their digital asset holdings. The order comes as part of a new plan to combat corruption which was recently approved by the Russian leader. Authorities to Inspect Crypto Disclosures Filed by Russian Officials as … Read more
Polish police have uncovered a secret crypto mining operation at their headquarters in Warsaw, local media reported. An IT specialist accused of minting digital coins on police computers has been dismissed and the case has been handed over to the Prosecutor’s Office. Polish Police Force Fires IT Specialist for Crypto Mining at Work Officers from … Read more
Bitcoin’s global hashrate dropped ten days ago following a coal mine accident that caused significant grid blackouts in Xinjiang, China. While initial estimates had shown more than 40% of the hashrate dropped, statistics from a five-day average show the hashpower only lost around 25%. Meanwhile, Chinese miners located in Sichuan may put more pressure on … Read more
In mid-August officials from the Chinese province of Sichuan approved a number of enterprises that mine bitcoin for legal hydropower consumption in the region. Following the local government of Ya’an city deciding to foster mining, officials from Chengdu recently spoke about welcoming crypto mining at the Hashcon 2020 event as well as bolstering a blockchain … Read more
A statement issued by the People’s Government of Yiling District, Yichang has revealed that Chinese officials have been the target of a ransomware email attack in recent days. Also Read: Late Quadrigacx CEO Used Personal Funds to Fulfill Withdrawals Chinese Government Officials Face Ransomware Attack A statement issued by a Chinese provincial government website has … Read more
The authorities of two U.S. states have reportedly asked Indian officials to seize the property of the promoters of Bitconnect since citizens of their states have invested in the company and lost money. One promoter has already been arrested and the investigators are tracking down another promoter. Also read: Yahoo! Japan Confirms Entrance Into the Crypto … Read more
Since the dawn of the Silk Road and the myriad of darknet markets (DNM) that followed, it’s been a cat and mouse game between law enforcement and DNM vendors and users. Also read: Proof-of-Stake is a Rebranded Version of the Old Financial System Operation Bayonet For a while, after the Silk Road was taken down it … Read more
This week in Southern California a Los Angeles woman who called herself the ‘Bitcoin Maven’ will be sentenced this Monday after pleading guilty for illegal money transmission. According to law enforcement, the woman made close to $300,000 USD annually by selling BTC on the peer-to-peer exchange Localbitcoins. Also read: Bitcoin Cash Innovation Continues with the … Read more
Telegram’s initial coin offering has been the catalyst of confusion among Iran’s leadership, with conflicting statements regarding a potential ban on Telegram being made by officials. A few days ago, Iranian parliamentarian, Alaeddin Boroujerdi told media that Iran’s “highest level” officials wish to ban Telegram by April 20 due to the app’s monopoly position within … Read more
The South Korean government has reportedly de facto banned all government officials from holding and trading cryptocurrencies. Even if their crypto activities are not related to their jobs, public officials can still be subject to disciplinary actions. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Public Officials De Facto Banned from Crypto South … Read more
