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π΅π° Pakistan's Central Bank for the first time since 2018 allowed banks to work with crypto companies β now they can open accounts after license verification.
This is the first step towards legalizing the crypto market in the country, although banks are still prohibited from investing in or holding cryptocurrencies.
Earlier we reported, that Pakistan plans to create a strategic Bitcoin reserve.
@DeCenterOrg
This is the first step towards legalizing the crypto market in the country, although banks are still prohibited from investing in or holding cryptocurrencies.
Earlier we reported, that Pakistan plans to create a strategic Bitcoin reserve.
@DeCenterOrg
π» Bitcoin developers proposed an update BIP-361 to freeze early wallets, vulnerable to quantum attack.
@DeCenterOrg
@DeCenterOrg
π°π· South Korea already accounts for about 30% of the global cryptocurrency trading volume, with 85% of transactions there being in altcoins, rather than Bitcoin or Ethereum.
For comparison, Japan's entire crypto market with the yen generates only $2β3 billion per month, while Korea averages $26 billion in just a week.
@DeCenterOrg
For comparison, Japan's entire crypto market with the yen generates only $2β3 billion per month, while Korea averages $26 billion in just a week.
@DeCenterOrg
π·πΊ The State Duma Committee on Competition Protection unexpectedly spoke against overly strict regulation of the crypto market and warned that strict licenses could kill startups and leave the market only to large players.
The State Duma also suggested considering the launch of a Russian stablecoin, for example, pegged to the ruble or gold.
@DeCenterOrg
The State Duma also suggested considering the launch of a Russian stablecoin, for example, pegged to the ruble or gold.
@DeCenterOrg
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The farm was connected bypassing the meters, and the damage from the stolen electricity was estimated at approximately 2 million rubles.
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At the same time, miners, according to the Federal Tax Service, will pay only about 600 million rubles in taxes instead of the expected billions.
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Justin Sun called it blackmail and stated that the project is actually controlled by an anonymous group, capable of overturning any community decision.
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π¨π³ The Circle company, which issues the USDC stablecoin, stated that it sees "huge opportunities" for creating a stablecoin pegged to the Chinese yuan.
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Despite the sales, they still hold about 1.8 million BTC, and some large pools, including AntPool, even continue to accumulate coins.
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π Ukrainian security forces detained a member of an international hacker group that attacked companies in Europe and the USA β the man laundered over $100 million, obtained through ransom for stolen data, by converting money into cryptocurrency and investing it in real estate and property in Ukraine.
During more than 30 searches, law enforcement officers arrested real estate, cars, about $1 million in cash, and cryptocurrency worth approximately $8.3 million.
@DeCenterOrg
During more than 30 searches, law enforcement officers arrested real estate, cars, about $1 million in cash, and cryptocurrency worth approximately $8.3 million.
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π In the world, only 7 countries remain where Bitcoin is officially banned: China, Algeria, Egypt, Iraq, Morocco, Qatar, and Bangladesh.
@justhodling
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According to the regulator, if money is stolen after transfer or the user loses access, intermediaries will simply be able to disclaim responsibility, and the Central Bank wants to keep it with exchanges and brokers.
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The exchange claims that Western intelligence services may be behind the hack, and the stolen funds were transferred to TRX and collected in one wallet.
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Interestingly, yesterday Tether allocated $127.5 million to Drift for user compensation β and it is possible that one of the unofficial conditions for support could have been a public attack on the main competitor through a lawsuit against Circle.
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These wallets are found to contain modified chips, Wi-Fi, and Bluetooth modules, and a researcher has linked the firmware to the Chinese company Espressif Systemsβthe device stealthily steals the seed phrase and can empty the wallet at any time.
A similar scheme previously earned scammers approximately $9.5 million through the fake Ledger Live app. Therefore, users are advised to buy devices only from Ledger and immediately verify the Genuine Check.
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π» Beijing lecturer Jiang Xueqin stated that the CIA or DARPA could have been behind the creation of Bitcoin β according to him, the development of Bitcoin required too many resources, cryptography, and years of work to be the work of one person, and the very fact that the technology was released for free and its author disappeared, more closely resembles a state experiment than an ordinary IT project.
He also claims that blockchain could have emerged in the same environment as the internet or GPS, and Satoshi Nakamoto's anonymity only strengthens suspicions.
However, most experts consider the theory dubious: the Bitcoin network operates on tens of thousands of independent nodes around the world, and its code has been developing openly and publicly for 17 years.
@DeCenterOrg
He also claims that blockchain could have emerged in the same environment as the internet or GPS, and Satoshi Nakamoto's anonymity only strengthens suspicions.
However, most experts consider the theory dubious: the Bitcoin network operates on tens of thousands of independent nodes around the world, and its code has been developing openly and publicly for 17 years.
@DeCenterOrg