State Duma lawmakers have signed off on a bill that will let Russian firms and their partners use the digital ruble and “digital assets” in international settlements. Per an official State Duma release and a report from the media outlet RBC, lawmakers approved the bill in a second and third reading on February 27. State…
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South Korean police continue to wage “war” on crypto-powered drug trafficking, with officers in the capital Seoul making 452 arrests from June 2022 to December 2023. Per the media outlet Money Today, police arrested three suspected drug dealers. Officers also charged 445 buyers and four illegal “cryptoasset trading platform operators.” South Korean Police in Uphill…
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Investment firm VanEck has launched a new non-fungible token (NFT) and digital assets market dubbed SegMint following the successful listing of its spot Bitcoin exchange-traded fund (ETF) in the U.S. In an announcement, VanEck said, the idea for SegMint came out of VanEck’s digital assets research and the platform built around its “Lock and Key…
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US spot Bitcoin ETFs saw another all-time high in daily trading volume on Wednesday with $7.7 billion. BlackRock’s IBIT doubled its personal record on the third consecutive day with $3.3 billion in trading volume. Fidelity’s spot Bitcoin ETF also doubled its previous record with $1.4 billion trading volume on the same day, Bloomberg analyst James…
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On Wednesday, bitcoin’s value ascended to the vicinity of $64,000, during which time users of Coinbase and Robinhood reported disruptions in service. As of Feb. 28, 2024, Coinbase’s status page indicated the platform was suffering from “degraded performance,” while Robinhood’s clientele voiced their grievances to the platform’s support team. Technical Troubles Shadow Bitcoin’s Climb to…
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The price of Bitcoin (BTC) has crossed the $59,000 mark amid a notable rally within the broader cryptocurrency market. At the time of writing, BTC is trading at $59,140, up by more than 5% over the past day. The leading cryptocurrency is up by 15% over the past week and around 40% over the past month. It…
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Serenity Shield project, a multi-chain data storage startup, fell victim to a theft on Tuesday that compromised its MetaMask wallet. “Today, a MetaMask wallet related to our project was compromised. Consequently, we’re taking immediate steps to address this and support our community,” the company said in a post on X (Twitter). Security Alert & Serenity…
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Argentina is leading the adoption of cryptocurrency in Latin America. According to a report titled “Argentina Crypto Capital,” produced by Lemon, a leading exchange in the country, four of every ten cryptocurrency apps in Latam are being used by Argentines, with over 70% of the deposits processed by the exchange corresponding to USDT, Tether’s dollar-pegged…
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Circle, USDC’s issuer, has struck a partnership deal with Coincheck, one of Japan’s biggest crypto exchanges – with a view to securing the stablecoin’s first listing in the nation. Per a Coincheck press release, the Japanese firm said that it had taken “steps toward handling USDC.” Circle, USDC Aiming for Japanese Success Circle claimed that…
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Russia has proposed the development and implementation of a BRICS-wide payment system that would use central bank digital currencies (CBDCs) to manage trade settlements. The BRICS bridge, as referred to by Russian Finance Minister Anton Siluanov, would address the fragmentation of the current payment system outside the West’s “unfriendly infrastructure.” Russia Hints at Using CBDC…
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