@BOMBERuss 19 December 2021 more from that month

The main thing for the week: 19.12.2021. At the moment, 90% of existing bitcoins have been mined! At the moment, 90% of existing bitcoins have been mined, but according to experts, it will take 100 years to extract the remaining 10%. The biggest risk for Bitcoin? How Quantum Computers Can Damage Bitcoin The investment company CoinShares has published a study of the potential dangers for bitcoin with the advent of quantum computers. Theoretically, there are several scenarios that could allow a quantum attacker to exploit certain vulnerabilities in the Bitcoin network. In the next decade, this technology could become mainstream, putting the cryptocurrency and the entire economic sector around the world at risk. The investment company claims that Bitcoin has certain characteristics that make it resistant to traditional hacking methods thanks to the SHA-256 algorithm, which actually makes it "unbreakable" even if this technology develops, but a quantum computer can harass its users through its transaction model. This security risk is based on the vulnerability of the elliptic curve and the way transactions are processed on the Bitcoin network. Germany's largest savings bank will open access to bitcoins for 50 million people Germany's largest savings bank, which holds more than 1 trillion euros for thrifty Germans, is exploring the possibility of offering a wallet for cryptocurrency trading, their group said on Monday. The project marks a potentially radical departure from the traditional position of the group, whose clients still use cash and avoid risky investments or large loans. They are trusted with the savings and investments of approximately 50 million customers, and they make up the largest financial group in Germany. The move comes amid high inflation and fines levied on banks and depositors, fueling a heated debate in Germany about central bank money printing. ETH 2.0 Contract Deposits Have Reached a Record High of over $33 billion As the Ethereum network accelerates the transition to ETH 2.0, investors are already preparing to use the staking function, continuing to deposit ether. As of December 15, 2021, the total amount of ETH 2.0 deposit agreements reached a new all-time high of 8,662,786 ETH. Based on the Ethereum price of $ 3864 at the time of publication, the deposit amount is $ 33 billion. A deposit contract is where Ethereum investors send their ether if they want to place a bet on the network, and this bet attracts a reward of up to 23%. The updates correspond to Ethereum's ongoing transition to replacing the network with proof-of-stake. This shift is expected to make Ethereum an energy efficient ecosystem. The Central Bank of the Russian Federation will not allow investments in cryptocurrencies for mutual funds The Russian central bank intends to ban mutual investment funds (mutual funds) from investing in the cryptocurrency industry. This is stated in a document published by the Central Bank. Mutual funds are organizations that manage the money of many investors to invest in different assets: stocks, bonds, currency, art objects and so on. In Russia, these are Gazprombank, Raiffeisen, VTB and many others. The document states that the following types of assets cannot be included in the assets of mutual investment funds (joint-stock investment funds): digital currencies; derivative financial instruments, the change in the value of which depends on changes in the exchange rates of digital currencies; securities, the value of which depends on changes in the exchange rates of digital currencies and (or) on changes in the value of derivative financial instruments (other securities), the change in value of which depends on changes in the exchange rates of digital currencies. Thus, the Central Bank wants to protect investors. The draft has been published for discussion, and its provisions can be changed until December 27. Russia will have to choose in 2022: banning cryptocurrencies or legalizing exchanges In 2022, the largest country in the world, Russia, will enter the crossroads in the field of cryptography regulation. On Thursday, conflicting reports appeared in Russia about the state of cryptocurrency regulation. First, a Reuters report indicates that the Central Bank of Russia is seeking a ban on cryptocurrencies, citing risks to financial stability and the rapidly growing volume of transactions. Although the government is considering launching a digital currency of the central bank, at least eight federal laws and five legislative codes need to be changed in order for the digital ruble to enter into force. Binance closes branch in Singapore Binance is withdrawing its application for a license to operate a cryptocurrency exchange and will close its trading platform in Singapore until February 13. Binance Singapore users will be informed by email about what steps they will need to take when the platform ceases to operate. The company stated that registrations, cryptocurrency and foreign currency deposits and trading on the Binance Singapore platform will be closed immediately. Binance Singapore was among about 170 companies that applied to the Monetary Authority of Singapore (MAS) for a license to provide crypto services. The company was operating under a temporary exemption during the licensing process. 10% of the richest Cardano addresses control 94% of all ADA Despite the turbulent year 2021 for the entire crypto industry, Cardano whales seem to be untouched by this, as a small number of the richest ADA holders control approximately 94% of the total volume of circulating resources. The data shows that as of December 13, 2021, the top 10% of Cardano whales hold over ADA 31 billion of the 33.43 billion circulating coins, according to data extracted from the analysis of the Coin Metrics platform. It is noteworthy that the number of ADA in the first 10% of addresses has been steadily growing since the beginning of the year. Starting from 30 billion in January, the number of ADAS belonging to these addresses has increased by more than 1 billion, which is an increase of 3%. Dogecoin rose by 25% after Elon Musk confirmed that Tesla will accept DOGE DOGE will be the only cryptocurrency that Tesla currently supports after payments start. The price of Dogecoin (DOGE) rose sharply on December 14 after Elon Musk announced that Tesla would start accepting it for some purchases. Data from Cointelegraph Pro and TradingView markets showed DOGE/USD growth of more than 25%. The meme-based altcoin followed Bitcoin (BTC) and other large-cap tokens down during the week, but as a result, the changes brought DOGE holders 10% weekly profit. The move came after Tesla CEO Musk announced that the automaker would soon begin accepting DOGE as merchandise. Top Gainers^^^