The number of crypto ATM machines in Australia has hit new highs over the past four months, surpassing El Salvador, the country where Bitcoin (BTC) is legal tender. What’s more, two other countries overtook El Salvador: Spain and Poland. Per Coinatmradar.com, the top 3 countries by the number of installed crypto ATMs are the US,…
Read more
According to a recent study published by the online investing news and education platform Invezz, Switzerland currently has the most profitable bitcoin traders worldwide. That’s according to data stemming from Chainalysis, Worldometers, and Triple A, which helped Invezz assign each country a score in terms of the most profitable bitcoin trading by country. Researchers Rank…
Read more
Determined to reduce the carbon footprint of his Bitcoin (BTC) mining operations and cut his electricity bill, Polish miner Paweł Wojciechowski started using photovoltaic (PV) modules to mine the crypto, allocating the excess heat to warm the water in his household. Amid surging demand for his know-how, Wojciechowski has decided to commercialize the technology….…
Read more
Poland’s central bank (Narodowy Bank Polski, NBP) and the country’s largest retail bank seem to be accelerating their respective works on developing digital assets – with the former potentially working on a central bank digital currency (CBDC), and the latter possibly moving to launch its own crypto…. Read More: Polish Banks Mull CBDC, Cryptoasset…
Read more
Former chief executive of the Russian cryptocurrency exchange Wex, Dmitry Vasiliev, has been released from arrest in Warsaw earlier this month. The ex-head of the now-defunct coin trading platform has since returned to Russia while court proceedings against him in Poland are still ongoing. Polish Court Rejects Extradition of Wex Executive to Kazakhstan Authorities in…
Read more
Polish competition watchdog says it has been increasingly monitoring alternative investment ads by Polish social media influencers, recently charging a few persons with promoting Ponzi schemes – but is apparently not investigating crypto-related ads, with a few exceptions. … Read More: Polish Competition Watchdog Targets Scamcoin, Not All Crypto Ads Read more »Pay, Trade, Buy Bitcoin…
Read more
Bitbay has become a fully licensed cryptocurrency exchange in Estonia which introduced stricter rules for the industry last year. The European trading platform has recently passed an independent audit that confirmed its “solvency, security and fiscal responsibility.” Audit Examines AML and KYC Procedures at Bitbay Bitbay, a leading crypto trading platform in Europe, is now…
Read more
Reports of the detention of Dmitry Vasiliev, ex-head of the bankrupt cryptocurrency exchange Wex, have been confirmed by authorities in Poland. The former executive of the platform, allegedly involved in the theft of funds worth millions of dollars, faces possible extradition to Kazakhstan. Prosecutor’s Office Confirms Vasiliev Is in Custody in Poland Dmitry Vasiliev, who…
Read more
Dmitry Vasiliev, former chief executive of Russian cryptocurrency exchange Wex, has been detained in Warsaw, the Polish press reported. Vasiliev is wanted in Kazakhstan where he is accused of fraud related to the now defunct trading platform, successor of the infamous BTC-e exchange. Former Wex Executive in Polish Custody as Prosecutor’s Office Reviews Extradition Request…
Read more
On Jan. 22, an attacker shot two employees at a cryptocurrency and gold exchange in the Polish city of Olsztyn, escaping with over $120,000 in gold. Polish police have detained a suspect in an armed attack on FlyingAtom, a cryptocurrency and gold exchange in the city of Olsztyn in northeastern Poland. The incident, which occurred…
Read more
