@BOMBERuss 20 February 2022 more from that month

Results of the week: #Bitcoin has failed the $40,000 level: On Friday, February 18, the quotes of the first cryptocurrency fell below the $40,000 mark. Edward Moya, senior analyst at the brokerage company OANDA, cited "short-term geopolitical risks and potential overly aggressive monetary policy tightening" by the Fed as the reasons for the fall. Despite the protracted correction, as a result of another recalculation, the complexity of bitcoin mining increased by 4.78% and reached a new historical maximum at around 26.97 trillion hashes. At the time of writing, digital gold is trading near $38,400. Media: The Central Bank of the Russian Federation has prepared bills to ban bitcoin and fines up to 1 million rubles! The Bank of #Russia has prepared draft laws banning the issuance and organization of circulation of "private digital currencies" in the country, the media reported. The regulator proposed to fine individuals for organizing the issuance or turnover of cryptocurrencies in the amount of 300,000 to 500,000 rubles, legal entities up to 1 million rubles. For accepting payments - up to 50,000 rubles and up to 1 million rubles, respectively. The Ministry of #Finance of the Russian Federation described the preliminary scheme of taxation of cryptocurrencies and clarified the limit on their purchase! The Ministry of Finance has opened a public discussion of two bills regulating the turnover of cryptocurrencies in Russia until March 18. The publication of texts is envisaged at the next stage. The first one - "On Digital #Currency" - is aimed at creating a regulatory framework for the implementation of "activities related to transactions with digital currencies and their issuance." The second makes changes to individual acts. The Ministry of Finance estimated tax revenues to the budget from the legalization of the #cryptocurrency market at 10-15 billion rubles, and the main amount of payments is expected from miners. Later, the department reported that they would temporarily abandon the special taxation of the latter in the first version of the bill due to difficulties in assessing their income. It is proposed to take personal income tax from individual investors after the sale of digital assets at a rate of 13%. Simultaneously with the development of the bill, the Ministry of Finance is discussing limiting the maximum amount for investments in cryptocurrencies for unqualified investors at the level of 50,000-100,000 rubles. #Ukraine adopted the law "On Virtual Assets" On February 17, the Verkhovna Rada of Ukraine, during reconsideration, adopted in the second reading and in general the updated law "On virtual #Assets" regulating transactions with cryptocurrencies on the territory of the country. The document was supported by 272 deputies. According to the updated law, state regulation of the virtual asset market is carried out by the National Securities and Stock Market Commission (NCCBFR) and the National Bank of Ukraine within their powers. #Coinbase, #FTX and #Crypto.com they showed ads at the Super Bowl On February 13, the final game for the title of champion of the National Football League was held in the #USA. Cryptocurrency companies have shown a record amount of advertising for the industry as part of the Super Bowl. In 2022, a 30-second placement cost $6.5 million. #Kazakhstan discussed a tenfold increase in the mining tax The Ministry of National Economy of Kazakhstan has proposed to increase the tax rate on cryptocurrency mining by 10 times — from 1 to 10 tenge (from $0.0023 to $0.023) per kWh. The authorities also announced the creation of an interdepartmental group to combat illegal miners. Involved in assets stolen from #Bitfinex released on bail of $ 3 million The District of Columbia Court has released Heather Morgan, accused of laundering assets stolen from the Bitfinex bitcoin exchange, on bail of $3 million. Her husband and the second person involved in the case, Ilya Lichtenstein, remained in custody. The judge acknowledged that there was no substantial evidence against Morgan other than the claim that she "allegedly received funds related to the case." The #Monero community is concerned about the potential threat of a 51% attack on the network! One of the network pools — #MineXMR - at the moment concentrated 50% of the network's computing power under control, which caused users to worry about a possible 51% attack. By the end of the week, the situation had stabilized — the pool controls 38% of the hashrate. The head of Intel criticized bitcoin for the impact on the environment The CEO of one of the largest manufacturers of Intel chips, Pat Gelsinger, criticized the first cryptocurrency for its impact on the environment. According to him, one transaction on the bitcoin network "consumes enough energy to power the house throughout the day." He called this situation a "climate crisis." In 2012, lawyers told #Ripple that #XRP had no signs of a security In the consultations provided to Ripple by the law firm Perkins Coie in 2012, it was argued that the XRP token is not a security. However, experts noted a "small" risk that SEC investigators may disagree with this analysis. According to attorney James Phelan, the released documents are "generally favorable" for Ripple. He noted that the company "acted very proactively." Vitalik #Buterin: the actions of the Canadian authorities illustrate why cryptocurrencies are needed. Ethereum founder Vitalik Buterin did not justify the actions of the protesters in #Canada, but noted that the measures of the authorities clearly illustrate why cryptocurrencies exist. He called decentralized systems "the return of the rule of law." On February 19, the non-custodial Nunchuk #wallet also reported that the Ontario Supreme Court had sent an order to the company to freeze and disclose assets (Mareva Injunction or freezing injunction) of persons involved in the protests.