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Russia is using cryptocurrencies to facilitate a small but growing part of its oil trade with China and India to skirt Western sanctions, Reuters reported on Friday — citing four sources with direct knowledge who declined to be identified due to the sensitivity of the matter.Russian oil companies ar…
One of the operators of sanctioned Russian cryptocurrency exchange Garantex was arrested in India on Tuesday, according to two recent news reports.Lithuanian national and Russian resident Aleksej Besciokov, 46, was reportedly arrested by police in the Indian state of Kerala, while vacationing on the…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Wednesday! This morning's U.S. CPI data gave the crypto market a glimmer of hope with inflation coming in slightly lower than expected — briefly lifting bitcoin. But, as has been the …
Wall Street asset management firm Cantor Fitzgerald has tapped Copper and Anchorage Digital as custodians for its new bitcoin financing business, which aims to provide institutional investors with leverage on their bitcoin holdings, the firm said on Tuesday."We are launching with $2 billion in init…
The US push to maintain the dollar’s global dominance through stablecoin adoption could have unintended benefits for Bitcoin as it emerges as a potential national reserve asset.During the White House Crypto Summit on March 7, US Treasury Secretary Scott Bessent said the American government would use…
Bazaars has integrated Tether (USDT) to its platform, offering secure, instant, and fee-reduced global transactions. This integration could attract more users due to the convenience and cost-effectiveness of USDT transactions, especially for global trade. As Bazaars becomes more appealing, more peop…
El Salvador acquired 13 Bitcoin since March 1, despite International Monetary Fund (IMF) pressure on the country's public sector to stop accumulating the decentralized store of value asset.According to the El Salvador Bitcoin Office, the country's Bitcoin treasury holds a total of over 6,105 BTC, v…
As US President Donald Trump prepares to host the first White House Crypto Summit on March 7, the industry is watching closely to see who will be invited.The roundtable, scheduled from 6:30 pm to 10:30 pm UTC, is expected to include more than 25 participants, including members of the Presidential Wo…
By Angus BerwickLUGANO, Switzerland — Giancarlo Devasini, one of the world's newest billionaires, leads a reclusive life in this Alpine town. He stays in a modest apartment by the lake, strolls the cobbled streets with a black hoodie pulled over his head — and rages about the American rival he belie…
As of March 1, 2025, XRP, the native token of the XRP Ledger developed by Ripple, is experiencing a significant price drop, trading at approximately $2.13 - a 17% decline in the last 24 hours and a whopping 31% drop over the past month. This has left investors and the XRP community asking: Why is XR…
Recent efforts to “debank” crypto firms in the US revealed a “staggering” level of corruption among government officials, and the problem is not yet resolved, one banking executive said in a Feb. 27 interview during Bitcoin Investor Week. “The magnitude of skullduggery that is happening in Washingto…
As more governments explore Bitcoin as a strategic reserve asset, some in the crypto community question whether this aligns with its original purpose. Whether or not Bitcoin creator Satoshi Nakamoto thought of BTC as a state reserve asset, its nation-state adoption is ultimately inevitable, accordi…