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⚡European Parliament called for the creation of a bitcoin reserve

The European Parliament has called for the creation of a bitcoin reserve — the initiative is aimed at ensuring stability and security in the field of cryptocurrencies, as well as supporting innovations in this area. It is expected that this will be an important step in the development of the cryptocurrency infrastructure in Europe.

#news

⚡ Hackers hacked rapper Drake's account to promote a fake memcoin

Hackers gained access to celebrity rapper Drake's account on social network X (formerly Twitter) and used it to promote a fraudulent memcoin. The attackers posted tweets urging people to invest in the cryptocurrency, promising fabulous returns.
Please be vigilant and keep your accounts safe!

#news

News digest is on the line!
Let's see what's new.

⚡ Tether disclosed data on the number of USDT holders
Tether reported that the number of USDT steiblcoin holders has reached 18 million. Most of the users are concentrated in Asia, where the steiblcoin is used for fast transfers and trading. There has also been an increase in interest in USDT in Latin America and Africa.

⚡ A bitcoin reserve has been proposed in Texas
If the idea of bitcoin reserves is realized, it will strengthen the position of cryptocurrencies as strategic assets.

⚡ Hackers have accessed the data of 58,000 Byte Federal customers
In a leak at Byte Federal, hackers gained access to the sensitive information of 58,000 customers. The data leak underscores the importance of cybersecurity, especially for cryptocurrency platforms.

⚡ ConsenSys: 93% of people in the world know about cryptocurrencies
According to a ConsenSys survey, 93% of people surveyed globally have heard of cryptocurrencies. Bitcoin and etherium remain the most well-known assets. Consensys noted that the penetration rate of digital assets in developing countries is much higher than that of developed countries.

⚡ The U.S. Commission has charged a pastor with a $6 million crypto scam
The US Commodity Futures Trading Commission has charged a pastor with running a crypto pyramid scheme that defrauded investors of $6 million.

⚡ In Abkhazia, the Internet has been shut down to combat cryptocurrency mining
This decision is aimed at reducing the load on the energy system of the region.

⚡ Abakan lost 5 million rubles trying to make money on cryptocurrency
A resident of Abakan became a victim of fraudsters who promised high income from investments in cryptocurrency. As a result, he lost 5 million rubles.

Until next week!
#news

⚡ Emin Gün Sirer: all of Satoshi Nakamoto's bitcoins should be frozen

Emin Gün Sirer, founder and CEO of Ava Labs, has suggested that about 1.1 million bitcoins belonging to Satoshi Nakamoto should be frozen. He expressed concern that older wallets using the Pay-To-Public-Key (P2PK) format could be vulnerable to quantum computing that could crack their cryptography. Sirer noted that modern wallets use the more secure P2PKH format, but early addresses associated with Satoshi remain at risk.

#news

⚡ In Abkhazia, the Internet was shut down to combat cryptocurrency mining

On the night from December 9 to 10, 2024, the authorities of Abkhazia turned off access to the Internet from midnight to 7 am local time. This measure was taken to combat illegal mining of cryptocurrencies, which significantly loads the energy system of the republic. Timur Dzhinjolia, the general director of the Chernomorenergo company, said that the mining farms consume about 40-45 MW, which is more than 350 million kWh annually - half of the current electricity deficit. Acting Prime Minister Valeri Bganba said the internet shutdown is an experimental measure aimed at assessing its effectiveness in reducing the load on the energy system.

#news

Hi! This is the weekly digest.

⚡ In France, the country's first real estate deal for bitcoins has taken place
The country's first real estate transaction for bitcoins took place in France. The seller and buyer used a secure platform for the transaction, an important step for the adoption of cryptocurrencies in traditional markets.
The recognition of bitcoin as a means of payment in large transactions such as real estate purchases reinforces its status in the global economy.

⚡ Absolute record: bitcoin broke through the $100,000 mark
Bitcoin has reached an all-time high, breaking the $100,000 mark. The new bitcoin price record confirms its attractiveness for investors and positively affects the profitability of mining.

⚡ The UK has shut down a Russian cryptocurrency laundering network
The UK, together with international partners, has shut down a Russian cryptocurrency laundering network linked to the Garantex and Ryuk platforms. This is one of the biggest strikes against illegal schemes in recent times.

⚡ Google DeepMind has tested a Russian AI environment
Integrating AI into the crypto industry could increase its efficiency and predictability, opening up new opportunities for miners and traders.

⚡ Illegal miners have pushed Abkhazia's energy infrastructure into a state of emergency
In Abkhazia, the energy infrastructure was on the verge of collapse due to the activities of illegal miners. The authorities have strengthened control and started shutting down illegal farms.

⚡ The complexity of bitcoin mining has reached a record 103 T
Bitcoin mining difficulty has risen to 103 T, setting a new record.

See you next week!

⚡ Bitcoin surrendered the $100,000 mark in extreme volatility

From December 5 to 6, 2024, the bitcoin price reached an all-time high of over $104,000, but then fell sharply to $90,500 before recovering to $98,000. Experts attribute this to “leverage offloading” and forced position closures caused by excessive leverage by retail traders. Liquidations reached $564 million, the highest since June 2024.

#news

⚡ Bitcoin price has passed the $100,000 mark

On the night of December 4-5, 2024, bitcoin broke the $100,000 mark for the first time in history, peaking at $104,088 on the Binance exchange.

Today you and I witnessed a historic event! With what we congratulate our dear miners 🎉

#news

⚡ A Russian deputy organized a mining farm in his garage

The Prosecutor's Office of the Novosibirsk Region has charged 28-year-old Alik Nersisyan, a deputy of the Krivodanovsky Village Council, with causing damage to the energy company “RES” to the amount of at least 6.5 million rubles. From June 2022 to June 2023, Nersisyan illegally connected his mining farm, located in a garage, to an overhead power line using special piercing clamps. During the search, 16 mining devices were seized. The case was sent to the district court, the deputy faces up to five years in prison, and his property worth 1.2 million rubles was arrested.

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⚡ Big miners spent $3.6 billion on modernization

According to a recent report, the largest mining companies invested $3.6 billion in equipment modernization in 2024. The main spending was on purchasing new ASIC devices, improving power supply, and expanding infrastructure. These investments are attributed to the increasing complexity of mining and the need to improve efficiency to remain competitive.

#news

⚡ French department store Printemps has started accepting cryptocurrency for payment

The famous French department store Printemps has become the first major retailer in the country to start accepting cryptocurrency to pay for goods. Customers can pay with bitcoin and other popular digital assets through special terminals. Transactions are processed instantly using a secure platform that automatically converts the cryptocurrency to euros.

#news

Hi! Its weekly digest!

⚡ Russia has legalized taxes on bitcoin transactions
Russia has adopted a law on taxation of transactions with cryptocurrencies. Income from bitcoin transactions is now taxed up to 22% depending on the amount of profit. Transactions with digital assets are treated as property transactions.

⚡ Anatoly Aksakov: bitcoin is not yet suitable for gold and currency reserves
This approach indicates a cautious attitude to cryptocurrencies at the state level, despite their growing popularity among investors.

⚡ Demand for mining equipment in Russia has tripled
Demand for mining equipment in Russia has tripled compared to last year. This is due to the rise in bitcoin prices and the legalization of mining activities in the country.

⚡ Texas authorities obliged miners to register their equipment
In Texas, a law requiring mandatory registration of mining equipment came into force. This measure is aimed at preventing congestion on the power grid and increasing the transparency of the industry.

⚡ Hackers and crypto fraudsters took in over $71 million in November
According to Immunefi, hackers stole more than $71 million in November 2024 through hacks and fraudulent schemes, including attacks on DeFi platforms.
This incident emphasizes the need for increased security when dealing with cryptoassets.

⚡ 180 people tried to convince an AI bot to give up $40,000
An AI bot was subjected to 180 hacking attempts to gain access to a wallet containing $40,000. This is a deliberate measure in which AI creators try to find vulnerabilities with a test like this. All attempts were unsuccessful due to the built-in defenses.

See you next week!

⚡ Experts called the current bitcoin pullback a pause before growth to $100,000

The current drop in bitcoin price to $93,000 is considered by analysts as a temporary correction before further growth. A trader at Bluntz Capital noted that the uptrend is expected to continue after this pullback. Analysts at K33 Research attribute the correction to seasonal fluctuations and are confident in overcoming the $100,000 mark in the coming weeks. Charlie Sherry of BTC Markets considers the decline “healthy” and predicts further growth after consolidation.

#news

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⚡ Inflows into crypto funds strengthened to a record $3.12 billion

According to the CoinShares report, for the first half of November 2024, the inflow to cryptocurrency funds reached a record $3.12 billion. This is a 17% increase compared to the previous month. Bitcoin remained the most popular among investors, which accounted for more than 70% of all investments. Analysts attribute the growth of interest to the strengthening of the cryptocurrency market and its resistance to macroeconomic risks.

#news

⚡ The demand for mining equipment in Russia has tripled

According to the latest data, the demand for mining equipment in Russia has tripled compared to the same period last year. The main reasons for the growth are the legalization of mining in the country, the high bitcoin exchange rate and attractive electricity tariffs in some regions. Russian companies note that miners are actively purchasing ASIC devices aimed at long-term operation under stable regulatory changes.

#news

Hi!

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

⚡ Head of the Federal Tax Service Daniil Egorov: Our work with miners is only just beginning

Head of the Federal Tax Service of Russia Daniil Egorov told about the start of registration of miners in the official register. At the moment, about 150 applications have already been submitted, which was the first step in the implementation of the new law on mining. Egorov noted that work with miners is just beginning, and regulation in this area requires coherent interaction with the Ministry of Energy for optimal allocation of energy resources. He also emphasized the importance of separating the taxation of individuals and legal entities, which allows the system to be adapted for different categories of participants.

#news

⚡ Bitcoin price exceeds $97,800

On November 21, 2024, the price of bitcoin reached a new all-time high, surpassing the $97,800 mark. Experts predict that bitcoin could surpass the $100,000 mark before the end of the year if current trends continue.

#news

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