Hydra’s ‘Complex Drug Delivery System’ in Russia Overshadows Western Darknet Markets

On September 14, the blockchain analysis firm Chainalysis reported on the infamous Russian darknet marketplace (DNM) known as Hydra and noted the DNM is Eastern Europe’s “sixth-largest service by volume in the region.” Moreover, the report also reveals that Hydra has created a “complex drug delivery system” inside Russia and throughout various countries in Europe as well. Russia’s Hydra Market: The 6th Largest Crypto Service by Volume in Eastern Europe At the end of August, the darknet marketplace (DNM) community said goodbye to the Empire Market, which unexpectedly decided to…

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49 US States Unveil Unified Regulation for Cryptocurrency Firms

The Conference of State Bank Supervisors, representing regulators from all U.S. states and territories, has launched a new regulatory framework for payments and cryptocurrency companies. One Set of Rules for All US States Regulators in 49 U.S. states have agreed to a single set of supervisory rules for money services businesses, including cryptocurrency service providers. State regulators supervise 79% of all U.S. banks. The new regulatory regime for money services businesses launched by the Conference of State Bank Supervisors (CSBS) on Tuesday will help companies expand across U.S. states and…

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Exclusive Casino Tournament with $5000 Prize Pool Begins at Bitcoin Games

Play in the newly launched tournament at Bitcoin Games to win a share of the $5000 prize pot, get guaranteed Free Spins just for participating. Play to Win The premium entertainment provider Bitcoin Games has been loading its arsenal of casino games with some of the most sought after software providers in the world. One such games provider, Playson, has been recently added to the casino’s library with a host of premium Slot games to be played from. Playson Tournament guarantees Free Spins to anyone who participates in the promotion…

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India’s Crypto Bill Omitted From Parliament Agenda While New Ban Report Appears

Despite much anticipation, the Indian cryptocurrency bill is not included in the list of bills to be introduced in the current session of parliament. Meanwhile, a new report of India’s government planning to ban cryptocurrency trading has emerged. Indian Government’s Cryptocurrency Plan The Indian government has been deliberating on how it will treat cryptocurrencies in the country after a draft crypto bill was submitted by an interministerial committee headed by former Finance Secretary Subhash Chandra Garg last year. The government originally said that it planned to introduce this bill in…

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P2P Bitcoin Exchange Paxful Shuts Down Venezuela Operations to Comply With US Sanctions

Peer-to-peer (P2P) crypto exchange Paxful is shutting down its operations in Venezuela, apparently, to comply with U.S. economic sanctions against the leftist government of disputed president Nicolas Maduro. On Tuesday, a Paxful spokesperson told news.Bitcoin.com that the exchange will now start restricting new accounts and closing old ones, as part of the shutdown process. “Current users will have 30 days to withdraw their funds without fees and will be notified directly via email on how to do so,” said the spokesperson, in a statement shared on email. “Venezuelan users who…

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Miny.CC – Innovation in the Cryptocurrency Mining Sphere

Aberdeen, Hong Kong, September 16, 2020. – More than 10 years after the first cryptocurrency was successfully mined, the mining space is more controversial than ever. The process was created to be democratic; to allow any PC with spare computing resources to contribute the surplus to help maintain the cryptocurrency network and earn rewards in return. The prospects of the mining prize mentioned here led entrepreneurs to innovate ways to make mining more profitable. In the process, they have fabricated specialized mining devices that do not only do the activity…

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US Company Accepts Bitcoin Payments for Luxury Planes, as $40M Gulfstream Jet Goes on Sale

Aviatrade Inc., a New Jersey-based aircraft sales company, is now accepting bitcoin as a means of payment for its range of multi-million dollar luxury jets. Philip Rushton, president of Aviatrade, told news.Bitcoin.com that the first plane available for purchase via cryptocurrency is a six-year-old Gulfstream G650ER, which went on sale a couple of weeks ago. The private jet, Gulfstream’s existing flagship, is selling for $40 million. Billionaires Jeff Bezos and Elon Musk are some of the noteworthy owners of this plane model, reports note. Rushton revealed that cash-based sales for…

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Report: Market Valuation of 14 Banking Giants Shed $635 Billion This Year

The world’s largest banks lost a considerable amount of market valuation amid the Covid-19 pandemic, according to a new report that estimates financial incumbents lost $635 billion. Between December 2019 and August 2020, the market caps of 14 major banking institutions lost upwards of 30-50% during the time period. A newly published report written by Buyshares and the researcher Justinas Baltrusaitis, shows that during the first half of 2020, the world’s banks lost a considerable amount of market capitalization. Buyshares data shows that 14 select “major global banks” lost a…

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Presidential Candidate Brock Pierce Served With Lawsuit for Alleged ICO Fraud

Former Disney child actor and U.S. Presidential candidate, Brock Pierce, was served with a lawsuit during a political campaign event held on Monday. The class-action lawsuit was filed in May and it claims the defendants, including Pierce, sold unregistered securities during the EOS initial coin offering (ICO). Last May, a class-action lawsuit on behalf of any person who purchased or received EOS tokens during the June 2017 ICO was filed against a number of firms and company executives behind the EOS project. The lawsuit named Brock Pierce, but also Block.one…

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