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2022-06-07 10:00:08 ​​•Hackers hacked the website of the Ministry of Construction of the Russian Federation and demanded a ransom of 0.5
PTS
On the night of June 5, the website of the Ministry of Construction of the Russian Federation was subjected to a cyberattack. The hackers demanded a ransom of 0.5 BTC by June 7, otherwise they threatened to make the personal data of users publicly available.

•Indicators recorded signs of capitulation of bitcoin hodlers
In May, the LTH-SOPR indicator hit -27% for the first time since the summer of 2020. This is a sign of capitulation by long-term holders of digital gold.

•Google banned teaching deepfakes
Google has banned the training of deepfake models in the Colab cloud environment.
The company also restricted the use of face generation distributions DeepFaceLab and FaceSwap. When running models, users are warned about the execution of "forbidden code" and a potential account ban. Open / Comment

2022-06-03 10:00:15 ​​•Bitcoin broke $32,000 for the first time in three weeks
On May 30 and 31, the quotes of the first cryptocurrency exceeded $32,000 for the first time in three weeks. At the time of writing, the price of BTC has corrected to $31,570.

•Block: confidence in bitcoin depends on the level of knowledge about cryptocurrencies
They surveyed 9,500 respondents from North America, Europe and the Middle East, as well as countries in the Asia-Pacific region.
41% of those who called their knowledge of cryptocurrencies sufficient stated that they were highly likely to buy bitcoin in the next 12 months. Among those who assessed their level as insufficient, there were only 7.9%.
Experts have identified the greatest interest in digital assets in Nigeria, India, Vietnam and Argentina.

•Game developer Akatsuki launches $20 million fund focused on Web 3.0
Japanese company Akatsuki Inc. announced the creation of a $20 million Emoote fund. The structure will focus on investments in Web3 projects.
The fund will support startups in the metaverse, GameFi and NFT fields. The firm plans to focus its efforts on collaborations with Japanese entertainment and media companies. Open / Comment

2022-05-31 13:56:25 ​​​​Kering-owned premium brand Balenciaga announced the possibility of paying with cryptocurrencies in flagship stores in the United States and on an online platform, according to WWD.
Initially, the fashion house will start accepting Bitcoin and Ethereum. In the future, it is planned to expand the list of supported currencies and regions.
The payment service for the implementation of the option in Balenciaga has not yet been chosen.
Regarding the volatility of digital assets, the company noted:
“Balenciaga thinks about cryptocurrencies for the long term, and price fluctuations are nothing new.”

Earlier, a pilot project for accepting payments in digital currencies in the United States launched another fashion house from the Kering group - Gucci. Clients can pay in Bitcoin, Ethereum, Wrapped Bitcoin, Bitcoin Cash, Litecoin, Shiba Inu, Dogecoin and five dollar-pegged stablecoins.
Recall that in April, the fashion brand Off-White, owned by LVMH, added the ability to pay for goods with cryptocurrencies in a number of European stores. Open / Comment

2022-05-27 10:00:09 ​​JPMorgan named cryptocurrencies as the preferred alternative asset

Since the start of 2022, cryptocurrencies have plummeted as investors turned away from riskier investments, but investment bank JPMorgan recently stated that it believes the fair price of bitcoin is 28% higher than the current level, seeing upside potential for this asset and cryptocurrencies in general after sales, writes Business Insider.
Bank strategists including Nikolaos Panigirtzoglou wrote on Wednesday that cryptocurrencies have overtaken real estate as one of their preferred “alternative assets,” meaning those that don’t fall into typical categories like stocks and bonds.
The bank said it stands by its view that $38,000 is a fair price for bitcoin. This is 28% higher than BTC's $29,722 level on Wednesday morning.

The reason for the fall of cryptocurrencies in 2022 was a number of factors, including: rising inflation and interest rates, the conflict in Ukraine and the slowdown in the Chinese economy, which forced investors to abandon assets that are considered risky. Open / Comment

2022-05-24 10:00:10 ​​Kering-owned premium brand Balenciaga announced the possibility of paying with cryptocurrencies in flagship stores in the United States and on an online platform, according to WWD.
Initially, the fashion house will start accepting Bitcoin and Ethereum. In the future, it is planned to expand the list of supported currencies and regions.
The payment service for the implementation of the option in Balenciaga has not yet been chosen.
Regarding the volatility of digital assets, the company noted:
“Balenciaga thinks about cryptocurrencies for the long term, and price fluctuations are nothing new.”

Earlier, a pilot project for accepting payments in digital currencies in the United States launched another fashion house from the Kering group - Gucci. Clients can pay in Bitcoin, Ethereum, Wrapped Bitcoin, Bitcoin Cash, Litecoin, Shiba Inu, Dogecoin and five dollar-pegged stablecoins.
Recall that in April, the fashion brand Off-White, owned by LVMH, added the ability to pay for goods with cryptocurrencies in a number of European stores. Open / Comment

2022-05-20 10:00:12 ​​Tether Cuts USDT Collateral in Commercial Securities by 17%

In the first quarter of 2022, the USDT stablecoin issuer, Tether Holdings Limited, reduced its reserves in commercial securities by 17%. By the end of the second quarter, the company intends to reduce the amount of collateral in these assets by another 20%.

In three months of 2022, the company's commercial securities reserves fell from $24.2 billion to $20.1 billion, according to an audit report from accounting firm MHA Cayman.
As of March 31, Tether's total assets are over $82.42 billion. According to CoinGecko, USDT's market supply is valued at $74.12 billion at the time of writing.
“The reserves of the consolidated group, created against the issued digital tokens, exceed the amount necessary to repay them,” the report says. Open / Comment

2022-05-17 10:00:10 ​​​​Billionaire Charlie Munger predicted the collapse of bitcoin

Warren Buffett's Berkshire Hathaway vice chairman Charlie Munger said during the company's annual shareholder meeting that the value of bitcoin is "very likely" to collapse to zero. This is reported by the portal U.Today.
Magner believes that bitcoin is undermining the US Federal Reserve, which America "desperately needs." According to U.Today, in February, he also compared the largest cryptocurrency to a venereal disease.
Berkshire Hathaway Chairman and CEO Warren Buffett has said he doesn't know what will happen to Bitcoin over the next few years. At the same time, he noted that he did not want to invest in cryptocurrencies. A well-known entrepreneur said that he would not even pay $25 (about 1.7 thousand rubles) to buy all existing digital assets.
“I wouldn’t take it Bitcoin. What would I do with it?" the billionaire said. Open / Comment

2022-05-13 10:11:08 ​​David Markus Launches Lightning Network Growth Startup

Former head of the Meta payments division, David Markus, announced the launch of a new company, Lightspark, focused on expanding the use of bitcoin.

Lightspark has been backed by many major investors including Andreessen Horowitz, Paradigm, Coatue and Matrix Partners.
According to Marcus, in the first stage, the company is gathering a team to study and develop the Lightning Network protocol.

Lightspark plans to create an infrastructure for companies, developers and merchants to conduct transactions through the Lightning Network. Open / Comment

2022-05-10 10:51:42 ​​The authorities of El Salvador told about additional purchases of bitcoin

The authorities of El Salvador said they bought another 500 coins on the depreciation of bitcoin.

"El Salvador just bought on a drawdown! 500 coins at an average price of $30,744", the politician wrote on his blog.
The first government purchase of bitcoin in El Salvador in the amount of 400 bitcoins took place in September last year at a price of $51,353, in total, the authorities publicly announced such purchases ten times. According to analysts in the local media, the total volume of purchases today is about 2301 bitcoins.
The losses of the El Salvadorian government, which spent more than $100 million on buying cryptocurrency, are now estimated at $30 million due to a significant depreciation of its rate. Open / Comment

2022-05-06 10:00:10 ​​Binance allocated $500 million to Elon Musk to buy Twitter: crypto market news

Binance, the largest crypto exchange, allocated $500 million to Elon Musk to buy Twitter (NYSE:TWTR), and Coinbase (NASDAQ:COIN) warned some Russian clients about blocking accounts - these and other important news of the cryptocurrency market in our review.
Binance, the largest crypto exchange in terms of trading volume, has allocated $ 500 million to finance the purchase of the social network Twitter by billionaire Elon Musk. The businessman indicated the relevant information in a report for the US Securities and Exchange Commission (SEC). In total, Musk has raised $7.1 billion from a group of “equity investors.”
Some users of the Coinbase crypto exchange from Russia received letters according to which their accounts will be blocked from May 31 of this year. The company offered such clients to withdraw all funds or provide documents that confirm that they are not subject to EU sanctions. Open / Comment