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Russia’s Interior Ministry Employs Tool to Identify Crypto Wallet Owners, Track Transactions

The Russian Ministry of Internal Affairs is now using a digital tool allowing officers to link cryptocurrency wallets to their owners. The software also has a feature facilitating the monitoring of crypto asset transactions, the department told Russian media. Russian Police Brag About New Crypto Tracing Tool on Eve of Anti-Corruption Day Employees of MVD, the Ministry of Internal Affairs of the Russian Federation, now have access to a specialized digital platform called “Personal account of a law enforcement agency,” Tass reported. The ministry revealed to the news agency that it’s identifying owners of cryptocurrency wallets using the new system. “This digital project has already been implemented and is successfully operating,” the head of MVD’s Main Department of Economic Security and Anti-Corruption, Police Lieutenant General Andrey Kurnosenko, told Tass on the eve of the International Anti-Corruption Day, celebrated on Dec. 9 to raise public awareness for efforts to combat corru

Kevin O'Leary Reveals FTX Paid Him $15 Million to Become a Spokesperson for the Exchange

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that the collapsed crypto exchange FTX paid him about $15 million to become its spokesperson. “I put about $9.7 million into crypto. I think that’s what I lost. I don’t know. It’s all at zero,” O’Leary said. Kevin O’Leary Was Paid $15M by FTX Shark Tank star Kevin O’Leary revealed in an interview with CNBC Thursday that the collapsed crypto exchange FTX paid him about $15 million last year to become its spokesperson. Noting that he fell prey to “groupthink,” O’Leary detailed: Total deal was just under $15 million, all in … I put about $9.7 million into crypto. I think that’s what I lost. I don’t know. It’s all at zero. The Shark Tank star further revealed that he also had over $1 million of FTX equity, which is now rendered worthless due to the bankruptcy protection process. In addition, Mr. Wonderful explained that the balance of a little over $4 million was purportedly eaten up by taxation and agent fees. He admitted

ZOGI Token Launches on Cronos, BNB Chain and Ethereum With Revolutionary Wrapper

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Dubai, December 9th – Zogi Labs , a pioneering crypto company & gaming studio famously known for the BEZOGE token and the up-and-coming crypto-based MMORPG, The Legends of Bezogia today launches their new ZOGI token on Cronos, BNB Chain & Ethereum. The ZOGI token is a wrapped version of the primary BEZOGE token optimized for the Zogi Labs decentralized ecosystem. From day one of launch, ZOGI will be available on Cronos, BNB Chain & Ethereum, rapidly boosting the exposure of the token which can now be wrapped and moved between chains instantly, with very low gas fees using the upcoming Zogi Bridge. “ With the launch of ZOGI on Cronos, BNB Chain & Ethereum, we’re taking our native token BEZOGE to the next level by allowing users to wrap their BEZOGE into ZOGI and bridge it quickly and securely between chains. ZOGI expands our ecosystem to multiple chains, and we expect to see massive growth and exposure, giving our dedicated community the flexibility they need to incre

PayPal Picks This EU Country As Its Launchpad for Crypto Service Expansion

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Join Our Telegram channel to stay up to date on breaking news coverage For years, PayPal has been staying away from cryptocurrencies, not even allowing its service to be used for transferring money to and from crypto exchanges. This changed in late 2020 when the service announced that it would add support for digital coins on its own platform. Then, in 2021, the company expanded its service into the UK, adding support for digital assets, but only for UK users, while the rest of European countries still had to wait for some future date. Now, however, PayPal is ready to expand its crypto service into the 26-country trading bloc, and it decided that its first crypto incursion into the EU should start in Luxembourg. After all, the small land-locked country already houses the company’s headquarters, so starting there only makes sense. The company announced this in an update that did not say when exactly cryptos might become available, only noting that it will happen in the “coming

Bitcoin mining project in Kenya helps power rural community

Gridless Compute, a hydro-powered Bitcoin mining initiative, tweeted that the project has successfully powered a rural community and lowered its existing energy rates. A hydro-powered crypto mining project based in Africa released an update on its efforts to bring energy developments to rural communities via Bitcoin (BTC). On Dec. 9, Gridless Compute tweeted photos and commentary on how their hydro- power BTC mining rigs are power ing an entire rural settlement while also lowering Energy rates for 2,000 people, the equivalent to 500 families. According to the tweet, costs decrease from $10 per month to $4. All of this while securing BTC’s underlying blockchain network.  Powering a rural Kenya village and securing the #Bitcoin network with excess hydropower, all while lowering rates to 2000 people (500 families, ~$10/month to $4). @GridlessCompute pic.twitter.com/9GUlAU6265 — jack (@jack) December 9, 2022 Earlier this week, the project also shared results of a successful $2 mil

Band Protocol Price Prediction: This BAND Bullish Pattern Aims For $3

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When the crypto winter began this year, it sent the prices of most cryptocurrencies to unexpected lows, and BAND was not an exception. Band protocol price dropped below $5 during the first days of 2022, and by mid-October, the BAND price had hit a $1 low.  At the time of this writing, Band protocol ranks #268 on CoinMarketCap, with a live market cap of $72.8 million, with a 24-hour trading volume of 52.79 million, up by 1.98%.  Nevertheless, Band protocol was among the best performing cryptocurrencies in the first week of December, leaping 77% to a high of $2.78. The uptick rode on the excitement of an announcement that project developers were working to revamp the ecosystem. However, as the hype of the protocol revamp continues to fade off, BAND price has conformed to the market volatility, joining other projects that are still suffering from the FTX implosion and the prolonged bear market.   Band Protocol Price Reacts To BandChain Mainnet Upgrade Hype Band protocol was launched to

SmarterWorx Art NFT Project Shows That Innovation In DeFi Has Not Died With Pancakeswap And Uniswap

Join Our Telegram channel to stay up to date on breaking news coverage Decentralized finance has risen to fame due to the exponential growth of blockchain technology witnessed worldwide. In less than two decades, blockchain technology has grown to a multi-trillion dollar market capitalization housing advanced technologies such as cryptocurrencies and Non-Fungible Tokens, often dubbed digital art. A new DeFi platform is rising from the ashes with some of the most attractive Features to the eye of any digital asset investor. SmarterWorx is the new revolution of NFTs. Pancakeswap and Uniswap are not innovating. Pancake swap and Uniswap are decentralized crypto and derivatives exchanges offering token exchange services to their users. These two projects are currently the largest DEXes in the world, handling millions of dollars worth of transactions every month. The native and utility token for PancakeSwap is CAKE, while Uniswap is known as UNI. CAKE and UNI have ranked among the t