DeCenter – Blockchain and Bitcoin
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DeCenter is the #1 blockchain community in Russia with over 75 000 experts. And this is our channel for English-speaking members.

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πŸ‡ͺπŸ‡Ί The European Central Bank backed the idea to transfer control over large crypto companies from individual countries to a single EU regulator β€” ESMA.

If the initiative is adopted, exchanges and crypto services will no longer be able to obtain a license in "convenient" countries like Malta or Ireland, to operate across the entire European Union with softer rules.

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☠️ American musician Garrett Dutton lost 5.9 BTC worth $420 000 after he installed a fake Ledger app and manually entered his seed phrase into it.

Hackers almost immediately withdrew the coins through nine transactions to addresses linked to the KuCoin exchange.

We recently warned that scammers are increasingly selling fake hardware wallets with a pre-set seed phrase β€” after some time, they simply withdraw the funds.

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πŸ–₯ The head of Galaxy Research believes that Bitcoin and AI are moving in opposite directions β€” mining has transformed from a home hobby into an industry with ASICs and huge data centers, while AI, on the contrary, is gradually moving away from giant clusters to compact models that can be run directly on your laptop or phone.

The further we go, the more accessible local neural networks become, whereas mining β€” less and less accessible for ordinary people.

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πŸ‡·πŸ‡Ί Russia may introduce a criminal article for "gray" cryptocurrency turnover β€” illegal transactions with damages from 3.5 million rubles will entail up to 4 years in prison, and for organized groups β€” up to 7 years.

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πŸ¦… The Central Bank of the Russian Federation explained that it allows Russians to use cryptocurrency NOT for investments, but primarily for "socially significant" transfers under restrictions.

Therefore, they want to set a limit for unqualified investors β€” no more than 300 thousand β‚½ per year through official Russian platforms.

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πŸ‹ Strategy purchased an additional 13,927 BTC for $1 billion.

Now the company's balance is 780,897 BTC, and the average purchase price is $75,577 per 1 BTC.

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πŸͺ™ The Ethereum network broke a historical record β€” over 3.6 million transactions passed through it in a day.

Blockchain activity has been growing for several months β€” in the first quarter alone, Ethereum attracted 284,000 new users, and the volume of stablecoins on the network reached a maximum.

Meanwhile, Tom Lee's BitMine bought another 71,524 ETH onto its balance β€” now the company holds 4.875 million ETH on its balance (over 4% of the total supply).

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πŸ” In the Irkutsk region, miners are increasingly often trying to disguise their farms as "chicken coop heating", greenhouses, or even wood drying.

Power engineers still find them by huge electricity consumption, noise, and thermal imagers β€” there were cases when ASIC miners were even placed on a grandmother's balcony without her knowledge.

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πŸ¦„ Several former crypto-Β«unicornsΒ», which were once valued at billions of dollars, have almost completely lost their value.

This shows how quickly in crypto even the most prominent and expensive projects can turn into Β«fallen unicornsΒ».

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βœ–οΈ Nikita Bier, Head of Product at X (Twitter), hinted that the platform might be preparing its own crypto product or an integration for crypto.

This was prompted by his statement that the crypto market had a "tough year" and X, perhaps, should "launch something to fix it".

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πŸ’Έ Hyperliquid has generated over $900 million in revenue with just 11 employees, making it one of the most efficient companies in the world in terms of profit per employee.

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πŸ—½ US SEC partially exempted DeFi services from broker registration β€” interfaces like Uniswap UI and MetaMask Swap will be able to operate without a license, if they do not hold client funds, do not provide advice, and do not profit from order routing.

Ironically, in 2022, Sam Bankman-Fried assured that the regulator would never agree to this.

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πŸͺ™ CEO Circle confirmed that the company plans to launch its own coin for the Arc blockchain, which is currently in the testnet phase.

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πŸ’Έ The US Department of Justice has begun payments to victims of OneCoin β€” one of the largest crypto pyramids in history, due to which investors lost over $4 billion.

Compensation will be paid from the confiscated assets of the organizers, including the property and bank accounts of the "cryptoqueen" Ruja Ignatova.

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πŸ‡©πŸ‡ͺ German giant Deutsche BΓΆrse invested $200,000,000 in crypto exchange Kraken.

The deal became one of the largest investments of the traditional financial market in the crypto industry.

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πŸš“ Security forces announced the uncovering of Russia's largest "paper" VAT scheme totaling 1.2 trillion rubles β€” it included nearly 40 thousand companies and 4800 shell companies.

Through fictitious transactions, businesses were helped to massively reduce taxes, and the organizers took 2–3% of the deduction amount for this.

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πŸͺ™ Tether launches crypto wallet Tether Wallet.

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πŸͺ™ Elon Musk's father stated that Elon and his brother Kimbal together own 23 400 BTC β€” this is about $1.7 billion and almost twice as much as Tesla holds.

According to him, cryptocurrencies are the future of finance, and the traditional banking system "has exhausted itself."

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🏬 In the App Store, a fake Ledger app was discovered, through which scammers have already stolen $9,500,000 in cryptocurrency in Bitcoin, Tron, and Solana.

Users themselves entered seed phrases into it, after which the attackers instantly gained full access to the wallets.

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πŸ’Έ Coinbase has started closely collaborating with Anthropic in order to gain access to the AI model Mythos and use it to find vulnerabilities and defend against new attacks.

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πŸ¦‘ Kraken has confidentially filed for an IPO.

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