A hacker from the Vladimir region was sentenced to 20 months in prison for mining at the computing facilities of the state integrated telecommunications system. It is reported by the news agency Tass. The sentence of 42-year-old resident of the Vladimir region, who was engaged in mining cryptocurrency on state servers, passed the Murom City Court. Vladimir Morozov was convicted under the article “Creating, using and distributing malicious computer programs” and was sentenced to 1 year and 8 months in prison. In the course of the investigation, it was found out that the hacker in January 2017 hacked the state…
Author: BlockchainJournal
13% of Russians pay for online purchases using cryptocurrency . This is evidenced by the results of a survey among 924 respondents conducted on the initiative of Kaspersky Lab. According to the survey, 88% of Russians prefer to pay for purchases on the Internet by credit card, 76% use payment systems or online wallets. 38% of respondents choose contactless payment methods, and, finally, 13% pay for purchases using cryptocurrency. “Almost half of users in Russia cannot easily make online payments because they don’t feel that their money is securely protected, ” said Oleg Goodilin , head of marketing at Kaspersky…
The creators of the Bakkt platform, the first regulated futures contract for Bitcoin (BTC) in the United States, payments for which will be carried out in cryptocurrency, expect to receive approval from the authorities in the very near future, writes Wall Street Journal. Offer of New York Stock Exchange owner Intercontinental Exchange Inc. (ICE) is focused on institutional players who used to prefer to stay away from the cryptocurrency market due to its unregulated nature. “As soon as digital assets have more reliable regulation and they will generate more trust, people will be more willing to use them for settlement,…
From December 20, 2018, residents of six European countries will now have access to the leading cryptocurrency exchange Coinbase: Andorra Gibraltar Guernsey Iceland Isle Of Man Lithuania. Since its launch in 2012, the exchange has been striving to create an open financial system for the whole world. They managed to do this by expanding their reach outside the United States to 33 countries around the world, and now another 6 in Europe. New customers in these jurisdictions will have full access only to Coinbase.com and iOS and Android mobile apps. But the exchange has promised to open access to Coinbase…
AMD Radeon graphics processing units (GPUs) used in the production of cryptocurrencies have fallen by about 67% since February. This was announced by the portal CoinTelegraph. He also clarified that, for example, the processor model RX580 can now be bought for only 179.99 dollars, while only in the winter of the current year the cost of GPU devices exceeded 550 dollars. Thus, against the background of a falling cryptocurrency market, processors have fallen in price by more than 67% in just a few months. The crisis, in which Kryptranok was in a state, provoked a drop in mining income .…
13% of Russians pay for online purchases using cryptocurrency. This is evidenced by the results of a survey among 924 respondents conducted on the initiative of Kaspersky Lab. According to the survey, 88% of Russians prefer to pay for purchases on the Internet by credit card, 76% use payment systems or online wallets. 38% of respondents choose contactless payment methods, and, finally, 13% pay for purchases using cryptocurrency. “Almost half of users in Russia cannot easily make online payments because they don’t feel that their money is securely protected, ” said Oleg Goodilin , head of marketing at Kaspersky Lab…
In 2020-2021, a single digital currency may appear in the Eurasian Economic Union (EAEU). This was announced by the Deputy Minister of Finance Alexey Moiseev, writes TASS. “Since we have five members in the EEU (Russia, Belarus, Kazakhstan, Kyrgyzstan, Armenia), respectively, the negotiations will take at least the entire 2019, and, probably, the input will be in 2020-2021,” said Alexey Moiseyev. The digital currency will be analogous to the ECU, which was used in the European Monetary System of the EEC and the EU in 1979-1998. Alexey Moiseev said that not only the members of the EEU, but also the…
Famous Bitcoin-optimist and co-founder of Fundstrat Global Advisors Tom Lee said that he would no longer call any deadlines for Bitcoin to reach a “fair price,” Bloomberg reports. “We are tired of pricing questions. Because of the inherent volatility of cryptocurrencies, we will no longer voice any timeframes in the context of achieving fair price marks, ” Lee told Fundstrat clients. Note that in early 2018, Lee was convinced that Bitcoin would reach $ 25,000 in 12 months. The loudest unfulfilled analyst forecast concerned the May conference of Consensus, after which, in his opinion, the price of bitcoin should have…
The Seoul Prosecutor’s Office has accused three UPbit executives, one of the largest cryptocurrency exchanges in South Korea, of fraud. Executives, including founder Sun Ji-Hyung, are supposed to commit fraudulent transactions from September to December of last year using a fake corporate account. They made fake orders in the amount of 254 trillion won (or 226.2 billion US dollars) to inflate the trading volume and attract more customers to the exchange. They are also accused of selling 11,550 BTC to customers in order to receive 150 billion Korean won (or 133.8 million dollars) through falsified transactions. However, yesterday UPbit…
On December 20, Ebang, a major Chinese manufacturer of mining equipment, re-issued a request for an initial public offering (IPO) on the Hong Kong Stock Exchange (HKEX). In the document, the company indicated a “substantial decrease” in profits in the third quarter of 2018, CoinDesk writes. "We are faced with a significant decline in revenues and gross profit in the third quarter compared with the previous three months," the document says. In the first six months of 2018, Ebang earned $ 304 million in profits, which is eight times more than the figures for the same period of the previous…