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Hi. Here's a news digest. ⚡ Shares of miners fell amid bitcoin growth Despite the growth of bitcoin price, shares of large mining companies, such as Marathon Digital and Riot Platforms, showed negative dynamics. Experts attribute the situation to increased market volatility and the fact that companies may face financial or infrastructural difficulties, not always directly dependent on the bitcoin rate. ⚡ Mining banned in several Russian regions Authorities in a number of Russian regions (among them Altai Krai and some regions of Siberia) have imposed a direct ban on mining. According to regional officials, the activities of miners create an increased load on the local power grid and provoke an increase in tariffs for the population. ⚡ Anton Siluanov: The risk is too high for state investments in bitcoin Russian Finance Minister Anton Siluanov said that state investments in bitcoin are too risky for today. The official questioned the reliability of the cryptocurrency as a long-term asset, and also pointed to potential volatile risks and legal problems. ⚡ Turkey approves AML requirements for crypto transactions Turkish authorities have adopted new anti-money laundering (AML) regulations requiring cryptocurrency exchanges and wallet operators to disclose additional transaction information. This includes stricter KYC and monitoring of large transfers. ⚡ Russia will start tracking cryptocurrency exchanges via dropships Russia is developing a mechanism to track transactions involving the use of drop accounts in the exchange of cryptocurrencies. It is assumed that special units will identify illegal cash-out and tax evasion schemes. ⚡ The industry assessed a possible ban in Brazil on USDT withdrawals to non-custodial wallets Brazilian regulators are considering banning the withdrawal of stablecoins, in particular USDT, to non-custodial wallets, citing money laundering and terrorist financing risks. Crypto industry experts have warned of a possible exodus of investors and restriction of citizens' freedoms. See you soon!

Hi! Here is the news digest. ⚡ The State Duma of Russia named the main condition for the creation of a Russian crypto exchange This opens prospects for the legalization of crypto exchanges in Russia, which can improve conditions for miners, providing access to local trading platforms.  ⚡ French authorities conducted a series of raids in search of illegal cryptomats French law enforcement authorities have conducted large-scale raids aimed at identifying illegal cryptomats. Increased control over cryptomats may affect the availability of services for miners, especially in Europe.  ⚡ Users of password manager LastPass lost $5.36 million worth of crypto assets This reminds miners to use secure methods to store keys and passwords.  ⚡ North Korean hackers have stolen $1.34 billion worth of crypto assets in 2024 North Korean group Lazarus continues to actively carry out cyberattacks on crypto exchanges and wallets. This year, the damage from their actions amounted to $1.34 billion. Experts recommend being as careful as possible when using public networks. ⚡ Ilya Lichtenstein named himself as the sole culprit in the Bitfinex hack Ilya Lichtenstein, accused of stealing cryptocurrency from the Bitfinex exchange, pleaded guilty. According to him, he acted alone despite years of suspicion that others were involved. See you next week!

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! 

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!

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!

Hi! Let's take a look at the news review for the 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

Hi. Here's a news digest. ⚡ The Russian government has approved taxation for cryptocurrency transactions Miners should take into account the new tax obligations when planning profits and withdrawals. This will help avoid legal problems and improve financial efficiency. ⚡ Britain has created an AI grandmother to fight phone scammers Artificial intelligence developed in Britain mimics a conversation with elderly people to apprehend phone scammers. ⚡ A trader lost $25.8 million due to an address error A cryptocurrency trader accidentally transferred $25.8 million to the wrong address, resulting in an irrecoverable loss of funds. This incident highlights the importance of carefully checking details before sending large sums of money. ⚡ Most institutional investors plan to increase investments in cryptocurrencies The influx of institutional money is boosting cryptocurrency rates, making mining more profitable. ⚡ The body of a missing cryptoblogger is found in a Montreal park The body of well-known cryptoblogger Benedict Arthur was found in a Montreal park a few days after his disappearance. Police speculate that his activities in the cryptocurrency industry may have been the cause of the crime. ⚡ Bitcoin's correlation with gold has fallen to its lowest in 11 months The correlation between bitcoin and gold has reached a level of -0.36, indicating an opposite movement in the prices of these assets. This is a signal to miners that bitcoin is becoming less dependent on traditional assets, strengthening its value in the market. ⚡ Chinese tech giant Nano Labs has started accepting bitcoins as payment Nano Labs, a major technology company in China, has started accepting bitcoins as payment for its goods and services. This is a step towards widespread adoption of cryptocurrencies in business. See you next week! 

Hi! Here is a news digest. ⚡️ Law enforcers forcibly shut down a mining farm in Samara In Samara, law enforcement agencies discovered an illegal mining farm operating on the territory of one of the enterprises. During the searches 371 ASIC-miner were seized, as well as equipment for hiding the real consumption of electricity. According to the Ministry of Internal Affairs, the enterprise caused damage of over 2 million rubles by consuming over 319,000 kW⋅h of electricity. The director of the company compensated for the damage, but the case has been sent to court. This case emphasizes the need to comply with legislation in the field of mining. Illegal connection to the power grid and concealment of real consumption can lead to serious legal consequences and financial losses. Miners should operate within the law to avoid such situations.  ⚡️ Bitcoin mining complexity exceeds 100 T for the first time in history On November 5, 2024, the bitcoin mining difficulty increased by 6.24%, reaching a record high of 101.65 T. The average hashrate of the network was 680 EH/s, but is currently back above 720 EH/s. According to Glassnode, on October 31, the network's hash rate peaked at 755.7 EH/s. ⚡️ Unknown men kidnapped WonderFi CEO and extorted $1 million On November 6, 2024, the CEO of Canadian cryptocurrency company WonderFi, Dean Skurka, was kidnapped in Toronto. The attackers demanded a ransom of $1 million, which Skurka transferred, after which he was released. In a comment to the media, the victim said he was safe and emphasized that customers' funds and data were not affected by the incident. ⚡️ Bitcoin price hits new all-time high near $77,000 On November 8, 2024, the price of bitcoin reached a new all-time high, approaching the $77,000 mark. The price rise came amid a 0.25% cut in interest rates by the US Federal Reserve. However, analysts warn of a possible correction due to the high level of liquidity and the risk of mass liquidations of long positions. ⚡️ Bitcoin whales have accumulated $132 million amid predictions of a Trump victory According to Lookonchain, large investors known as “whales” have withdrawn more than 1,806 bitcoins worth more than $132 million from the Binance exchange, amid predictions of Donald Trump's victory in the U.S. presidential election, which analysts say could boost interest in risky assets such as bitcoin. See you next week!

Hi! Here's a news digest ⚡️ The law on regulating the circulation of digital currency in the Russian Federation has come into force As of November Day 1, mining has become legal in Russia. The legal regulation of digital currencies in Russia creates a more predictable and safe environment for miners and cryptocurrency companies.  ⚡️ More than 50 mining companies have received licenses in Kazakhstan Licensing of mining companies in Kazakhstan contributes to the legalization and streamlining of mining activities, which can increase investor confidence and ensure stability of miners in the region.  ⚡️ Another “pseudo-Satoshi”. Stephen Mulla has proclaimed himself the creator of bitcoin On October 31 in London, a man named Stephen Mulla declared himself Satoshi Nakamoto - the creator of bitcoin. However, he was unable to provide convincing evidence, citing technical problems. Mulla has previously been involved in lawsuits related to cryptocurrency fraud. ⚡️ NiceHash leaves Russia NiceHash will stop supporting users from Russia as of November 12. Due to the move, the company will stop working with Russian clients.  ⚡️ Bhutan government prepares to sell $66 mln worth of bitcoins Authorities in Bhutan have transferred more than $66 million in bitcoins to the Binance exchange, signaling their intention to sell some of their cryptocurrency reserves. Analysts note that the country's government has been mining for more than five years and has stored about $890 million worth of bitcoins. ⚡️ Bitcoin added 14% in October, but started November with a correction At the end of October, the price of bitcoin rose by about 14%, reaching $73,620. However, with the beginning of November, quotations moved to a correction, falling below $69,000. Experts note the abnormal demand for the asset from clients of the OTC market, which may affect the further dynamics of the price. See you next week! 

Hi!  Let's take a look at a roundup of the week's top news stories.  ⚡️ President of El Salvador donates 2 BTC to build schools in Honduras El Salvador's President Nayib Bukele donated 2 bitcoins to build schools in Honduras, emphasizing the importance of supporting education through the use of digital assets. ⚡️ Russian Deputy Energy Minister: mining should be banned in energy-deficient regions Restricting mining in energy-deficient areas could lead to a redistribution of capacity, which requires miners to find sustainable solutions and locations.  ⚡️ Expert: adoption of bitcoin as a global currency is possible by 2030 Experts predict that bitcoin could become a globally accepted currency as early as 2030. The possible adoption of bitcoin as a global currency could radically change the global financial system and create new opportunities for miners.  ⚡️ Denmark will consider introducing a 42% tax on unrealized income from cryptocurrencies The Danish authorities are discussing the possibility of introducing a 42% tax on unrealized income from cryptocurrencies. This innovation will affect crypto investors, regardless of whether they withdrew their assets in fiat funds. The bill has caused mixed reactions as it affects long-term investors. ⚡️ Experts: quantum computers do notyet threaten bitcoin key security For now, the bitcoin network remains secure, but the development of quantum technologies requires the crypto industry to create stronger cryptographic algorithms for future security.  ⚡️ Bitcoin mining difficulty up 3.94% 🔼 The figure reached a record high of 95.67T See you next week!