Report: Troubled Crypto Exchange Wex Finds New Owner

Exchanges Cryptocurrency exchange Wex, successor of the infamous BTC-e, has a new owner. Dmitry Havchenko, a former Ukrainian entrepreneur turned separatist fighter, has reportedly bought the coin trading platform through a family member. He now wants to restore it and also to track down the lost “Vinnik’s treasure.” Also read: BTC-e Operator Alexander Vinnik to […]

Russian Marketplace Allows Users to Sell Items Priced in Cryptocurrency

Featured A new Russian online marketplace that allows users to buy and sell goods and services priced in cryptocurrency has rapidly expanded in recent months. The Mentalmarket website has been publishing a growing number of ads in a dozen categories, from “cryptoindustry” to “real estate.”  Also read: Russian Miners Sell Their Equipment Amid Market Plunge […]

Russian Miners Sell Their Equipment Amid Market Plunge

Mining A growing number of Russian miners are looking to sell their hardware. The recent market correction has decreased the profitability of minting digital coins, especially for enthusiasts who are mining in their homes, basements and garages. Also read: Bitcoininfo.ru Wins Court Case Against Ban Russian Miners Selling Used Hardware Amateur mining used to be […]

Bitcoininfo.ru Wins Court Case Against Ban

News The owner of Bitcoininfo.ru has won an appeal against a ruling to block the cryptocurrency website. A court in Saint Petersburg has decided that access should be restored and that Nikolay Tonkoshkurov should be compensated for the unlawful actions of the prosecutors and judges who presided over the case.   Also read: BTC-e Successor Wex […]

US State Takes Action Against Crypto Operation Imitating a Liechtenstein Bank

Regulation The U.S. state of North Dakota has issued a cease and desist order against a cryptocurrency operation imitating a fully licensed bank in Liechtenstein. This operation goes by the same name as the token announced by the bank. Its website mirrors the bank’s website and its crypto announcement was identical to the bank’s, including […]

SEC Investigates Salt Lending’s ICO, Huobi Advises Russian Bank on DLT

Regulation In recent regulatory news, the U.S. Securities and Exchange Commission (SEC) has reportedly launched an investigation into Salt Lending’s 2017 initial coin offering. Separately, the SEC revealed that it has stopped accepting public comments on nine bitcoin exchange-traded funds that it rejected in August, and digital asset exchange Huobi has announced that it is […]

Crypto Detectives Project Rates and Investigates Suspicious ICOs

Crowdfunding An online platform created in Russia has set a noble goal of making the cryptocurrency industry safer for investors. The project investigates initial coin offerings (ICOs) that have raised suspicions and performs the due diligence for free. A report about each ICO is then published containing а summary of the findings and a conclusion […]

Greek Court Accused of Violating the Rights of Alleged Btc-e Operator, Postpones Hearing

News The judges at the Greek supreme court have been accused of violating Alexander Vinnik’s rights. The alleged Btc-e operator has been detained in Greece since July last year. The hearing against his extradition to France has also reportedly been postponed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Rights Violation Alexander Vinnik, who […]

New Local Crypto Street Exchange Shop Trades Bitcoin for Cash in Central Moscow

Featured A change bureau trading bitcoin has been opened in the Russian capital. According to local media, this is the only currency exchange in Moscow buying and selling cryptos for cash. Lawyers say nothing in the law prohibits this kind of service, and the business is legal.  Also read: Russians Owe 13% […]

Strict Rules for ICOs Prepared in Russia

Crowdfunding A new set of regulations for ICOs has been presented by the Russian Ministry of Communications. Companies organizing token sales will be obliged to guarantee that investors can sell back their tokens. Coin issuers will have to prove they control at least 100 million rubles of authorized capital in a Russian […]