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Let's take a look at the news review for the past working week.

⚡ Andrey Lugovoi: We need a barrier to banning and restricting mining in Russia
State Duma deputy Andrei Lugovoi said that it is necessary to protect the mining industry in Russia from possible bans. He emphasized that mining can become a strategic direction for the country's economy, and its ban would lead to the loss of jobs and tax revenues. Lugovoi suggests creating favorable conditions for the development of the industry and taking measures to legalize it.

⚡ JPMorgan noted a 29% increase in bitcoin mining profitability
Increased profitability attracts new participants to the industry and contributes to its further growth.

⚡ We don't call the poor: Casa founder reveals who scammers are after
Jameson Lopp, founder of Casa, said that scammers most often target wealthy cryptocurrency owners. He noted that their main target is large sums of money, and their main methods are phishing attacks and social engineering.
This information emphasizes the need for increased attention to security for all market participants, especially large miners and investors.

⚡ A user transferred $129 million to a phishing address, but it was returned
An unknown user accidentally transferred $129 million in cryptocurrency to a phishing address. But within six hours This case was a rare example of a successful return of crypto assets.
This incident is a reminder of the need for caution when dealing with cryptocurrency wallet addresses and the efforts of some platforms to protect their users.

⚡ Brazilian pianist hospitalized for losing access to bitcoin wallet
A Brazilian pianist, whose name was not disclosed, was hospitalized after he lost access to a cryptocurrency wallet containing about $500,000 worth of bitcoins. The loss of access caused him severe emotional distress.
This case emphasizes the importance of backing up and safely storing cryptocurrency wallet keys.

⚡ Bitfinex hacker Heather Morgan sentenced to 1.5 years in prison
A U.S. federal court has sentenced Heather Morgan, known as “Rap Scheherazade,” to 18 months in prison for her involvement in laundering funds stolen from the Bitfinex exchange in 2016. Her husband, Ilya Lichtenstein, received a five-year sentence. The couple was arrested in 2022 when 94,643 BTC (about $3.6 billion at the time) was seized from them. Both pleaded guilty in August 2023. The court took Morgan's cooperation with the investigation into account when imposing the lighter sentence.

⚡ In which regions of the Russian Federation is mining the cheapest?
The Analytical Credit Rating Agency (ACRA) published a study in which it singled out the Russian regions with the lowest electricity tariffs for mining. Irkutsk region, Khakassia and Dagestan were included in the top.

See you next week