Bitcoin prices have been volatile lately as investors worry about inflation and the possibility of a global economic slowdown.

Inflation data is a key indicator of economic health, and it’s something that investors will be closely watching in the coming weeks. If inflation data comes in above expectations, it could be a sign that the economy is heating up, which could lead to higher interest rates and more volatile markets.

Bitcoin prices are also being affected by the ongoing trade war between the United States and China. The tariffs that have been imposed by both countries have led to uncertainty in the global economy, and this has caused investors to flee to safe-haven assets like gold and Bitcoin.

The bottom line is that there are a lot of factors that are affecting the price of Bitcoin right now, and it’s hard to say which way the market will move in the short term. However, in the long term, I believe that Bitcoin still has a lot of upside potential. The global economy is facing a lot of uncertainties, and Bitcoin could benefit from this.

Factors That Could Drive Bitcoin Prices Higher

There are a few factors that I believe could drive Bitcoin prices higher in the long term.

1. Economic Uncertainty

As I mentioned before, the global economy is facing a lot of uncertainties right now. This is due to the trade war between the United States and China, as well as other geopolitical tensions around the world. These factors could lead to more investors fleeing to safe-haven assets like gold and Bitcoin.

2. Increased Adoption

Another factor that could drive Bitcoin prices higher is increased adoption. The more people who use and invest in Bitcoin, the higher its price will go. We are already seeing this happen as more and more businesses are starting to accept Bitcoin as payment.

3. Limited Supply

Another factor that could affect Bitcoin prices is its limited supply. There will only ever be 21 million Bitcoin created, and about 17 million of those have already been mined. As the demand for Bitcoin increases, its price will likely go up as well.

4. Improving Technology

Finally, another factor that could drive Bitcoin prices higher is improving technology. The Bitcoin network is constantly evolving and becoming more efficient. This makes it more attractive to investors and users, which could drive up its price.

Bitcoin Prices Could Fall

While there are several factors that could drive Bitcoin prices higher, there are also some factors that could cause them to fall.

1. Regulation

One of the biggest threats to Bitcoin is regulation. If governments decide to crack down on Bitcoin, it could cause its price to drop.

2. Competition

Another factor that could cause Bitcoin prices to fall is competition from other cryptocurrencies. If another cryptocurrency becomes more popular than Bitcoin, it could drive down its price.

3. Economic Slowdown

Finally, an economic slowdown could also cause Bitcoin prices to fall. If the global economy weakens, people may be less likely to invest in Bitcoin.

Conclusion

Bitcoin prices are highly volatile, and there are several factors that could cause them to rise or fall. However, regulation is one of the biggest threats to Bitcoin, and if governments crack down on it, its price could drop. Competition from other cryptocurrencies is another factor that could cause Bitcoin prices to fall. Finally, an economic slowdown could also lead to lower prices.

FAQs

Q: What factors could cause Bitcoin prices to rise?

A: Several factors could lead to higher Bitcoin prices. These include increased demand from buyers, more positive news coverage, and an overall increase in the price of cryptocurrencies.

Q: What factors could cause Bitcoin prices to fall?

A: Regulation is one of the biggest threats to Bitcoin, and if governments crack down on it, its price could drop. Competition from other cryptocurrencies is another factor that could lead to lower prices, and if Bitcoin is used for illegal activities, that could also have a negative impact.

Q: How can I buy Bitcoin?

A: There are a few different ways to buy Bitcoin. One is to find a reputable exchange where you can trade fiat currency (like dollars or euros) for Bitcoin. Another is to find a person who is willing to sell their Bitcoin and make a transaction directly with you. Finally, there are Bitcoin ATMs where you can buy Bitcoin with cash.

Q: How do I store my Bitcoin?

A: You can store your Bitcoin in a digital wallet, either on your own computer or through a third-party website. There are also physical wallets that look like USB drives and can be used to store Bitcoin offline.

The post Bitcoin Whipsaws. Inflation Data Is a Big Test for Cryptos appeared first on DARB Finance 2022.

What are alternative investments?

Alternative investments are anything that falls outside the traditional asset classes of stocks, bonds, and cash. This can include everything from real estate and private equity to hedge funds, commodities, and venture capital.

While alternative investments can offer the potential for higher returns, they also come with more risk. That’s why it’s important to talk to a financial advisor before making any decisions. They can help you understand whether alternative investments are right for you and how to create a diversified portfolio that meets your individual goals.

How can I get started with alternative investments?

If you’re interested in exploring alternative investments, the first step is to talk to a financial advisor. They can help you understand the risks and potential rewards of these investments, as well as how to add them to your portfolio in a way that meets your individual goals.

What are some common alternative investments?

Common alternative investments include hedge funds, commodities, and venture capital. Each of these comes with its own set of risks and rewards, so it’s important to talk to a financial advisor before making any decisions.

How can I diversify my portfolio with alternative investments?

One way to diversify your portfolio is to add alternative investments. These can offer the potential for higher returns, but they also come with more risk. That’s why it’s important to talk to a financial advisor before making any decisions. They can help you figure out how to best balance your portfolio and reach your financial goals.

What are the risks of investing in alternative investments?

Alternative investments come with their own set of risks. For example, hedge funds can be volatile, and commodities can be subject to market fluctuations. That’s why it’s important to talk to a financial advisor before making any decisions. They can help you understand the risks involved and make sure you’re comfortable with them.

How much to put in alternative investments?

Just like with any other investments, how much you put in depends on your overall financial picture. Your age, income, debts, and other factors all play a role in how much you should invest. A financial advisor can help you figure out the right mix of investments for you.

What to expect from alternative investments

Alternative investments can be volatile. They may not always perform as well as traditional investments, such as stocks and bonds. But they can also provide the potential for higher returns.

It’s important to remember that all investments come with risks. Before investing, you should understand the risks involved and make sure you’re comfortable with them. A financial advisor can help you with this.

Examples of alternative investments

There are many different types of alternative investments. Here are a few examples:

-Real estate: This can include everything from residential properties to commercial real estate.

-Commodities: These are natural resources like oil, gas, gold, and silver.

-Hedge funds: These are investment funds that use different strategies to try to make money.

-Private equity: This is when you invest in a company that isn’t publicly traded.

-Venture capital: This is when you invest in a start-up company.

Each type of alternative investment has its own risks and rewards. You should do your own research to see if an alternative investment is right for you.

Should you invest in alternatives?

Whether or not you should invest in alternatives depends on your goals, risk tolerance, and other factors. If you’re looking for higher returns, you may be willing to accept more risk. But if you’re risk-averse, you may want to steer clear of alternatives.

Before investing in any asset, it’s important to understand the risks. alternative investments are no different. Some common risks include:

-Lack of liquidity: This means it can be hard to sell your investment.

-High fees: Many alternative investments have high fees, which can eat into your returns.

-Complexity: Alternative investments can be complex and may be difficult to understand.

If you’re thinking about investing in alternatives, make sure you do your homework first. Understand the risks and make sure the investment is right for you.

Conclusion

When it comes to investing, there are many different options available. Alternative investments are one type of investment, but they come with their own set of risks. Before investing in any asset, it’s important to understand the risks and make sure the investment is right for you.

The post Should you try alternative investments? Here’s what experts say, how much to put in, and what to watch for appeared first on DARB Finance 2022.

Since the 2000s, cyber threats have become a concern for everyone from major government information systems to the computers of ordinary citizens. A cyber threat  –  is the illegal penetration or threat of malicious intrusion into virtual space to achieve political, social or other goals.

Cyber warfare between countries

The largest cyber conflicts are between states with the greatest computing and intellectual resources for cyber warfare. Information about electronic non-aggression agreements and virtual space confrontation between countries is highlighted in a separate article.

The eternal cyber war between Russia and the United States

Cybercrime has become the world’s largest area of criminal activity. 

Chronicle of events in the article:

• Cybercrime in the World

Cybercriminals inflict enormous economic losses on individual organizations and entire countries every year:

• Cybercrime Losses

Banks are cybercriminals’ biggest targets. The losses of financial institutions are reported in a separate article:

• Banks’ Losses from Cybercrime

Often it is not criminals who cause financial damage to organizations, but rather their own employees who steal, delete data, or lose media outside the organization’s loop:

Losses from data breaches

Industry Specific

• Information security in the company

Automobiles

• Automotive information security

Banks

• Information security in banks

Healthcare

• Information Security in Medicine

Logistics and Transportation

• Information Security in Logistics and Transportation

E-Commerce

• Information Security in Electronic Commerce

Energy

• Information Security in the Energy Industry

The market for information security solutions and services.

For example, for its reliability and security can compete with the Top Online Casinos Canada, as these sites with gambling themes installed the latest web security, which allows you to repel almost 99% of all known hacker attacks

Cybersecurity’s reach is expanding to become Digital Security.

To prevent losses associated with cybercrime, governments and companies are purchasing information security equipment, software and services. Information security tools for protecting information from unauthorized access.

Systems of identification and management of access to information resources of enterprise – IDM.

Information security threats

Analyzing potential cyber threats to an organization is a service that can be purchased in the marketplace.

Cyber Threat Research Services

Actions that threaten information systems can be divided into two main categories: internal (intentional and unintentional actions of employees) and external (network cyber attacks, media theft).

• Internal threats

Internal threats are primarily related to data leaks:

Data leaks

The most common leaks are caused by the following actions taken by authorized users (employees, insiders):

1. Deliberate theft, replacement with deliberately false or destruction of data on a workstation or server;
2. Data corruption caused by the user’s careless or negligent actions;
3. loss of data carriers outside the organization perimeter.

External threats

Electronic methods of influence carried out by hackers:

• Unauthorized intrusion into computer networks;
• DoS and DDoS attacks;
• Computer viruses;
• Spam;
• Natural threats: A variety of external factors can affect the company’s information security: improper storage, theft of computers and media, force majeure and other circumstances can result in data loss.

Main problems of data protection in information systems

The ultimate goal of implementing security measures. Improving the consumer properties of a protected service, namely:

• Service usability
• Security when using the service

With respect to RBS systems it means preservation of money

For systems of electronic interaction this means control over the rights to an object and preservation of resources

Loss of any security features means loss of trust in the security service

What undermines trust in security services?

• Information about theft of money and property, often presented in a hypertrophied manner;
• People become fearful of unintelligible and therefore uncontrollable threats (cyberattacks, hackers, viruses, etc.);
• Poor performance of the service provided,(failures, errors, inaccurate information, loss of information);
• Not strong enough identity authentication;
• Facts of fraud that people encounter or hear about.

On a legal level

• Loss of security service legitimacy on a formal basis (expiration of certificate, site certificate, activity license, end of support);
• Failures in ACS – OVC, confidentiality breaches;
• Weak trust in the authentication service.

Failures and flaws in security systems, allowing to challenge the legitimacy of performed operations.

The construction of any computer network begins with the installation of workstations, hence the subsystem of information security begins with the protection of these objects.

Here are possible:

1. operating system protection means;
2. anti-virus package;
3. additional user authentication devices;
4. means of protection of workstations from unauthorized access;
5. means of application level encryption.

On the basis of the above information protection means the first level of information security subsystems in automated systems is built. At the second stage of system development individual workstations are united into local networks, dedicated servers are installed and Internet access from local networks is organized.

At this stage the second level information security tools are used – the level of protection of the local network:

1. security means of network operating systems;
2. means of restricting access to shared resources;
3. means of protection of the local network domain;
4. user authentication server;
5. proxy server firewalls;
6. means of detection of attacks and vulnerabilities of local network protection.

When combining local networks into a common intranet used as a communication environment of public networks (including the Internet), security information exchange is provided by using VPN technology, which is the basis of the third level of information security.

Physical means of ensuring information security

Physical protection measures are various kinds of mechanical, electrical and electronic-mechanical devices and facilities specifically designed to create physical barriers to possible paths of penetration and access by potential violators to components of the information system and protected information. The list of physical methods of information protection includes:

• Organization of a pass regime;
• Organization of accounting, storage, use and destruction of documents and media containing confidential information;
• Distribution of access control requisites;
• Organization of covert control over the activities of users and maintenance personnel of the information system;
• Activities carried out in the design, development, repair and modification of hardware and software.

When physical and technical methods are not available, administrative measures to ensure information security are applied. The experience of organizations with a complex information system organization has shown that the best results in achieving information security are achieved by using a systems approach.

Why IS risks are high in SMBs

Many small business leaders underestimate the importance of information security, believing that small companies are not as interesting to hackers as large ones. This is a misconception. Small businesses are very attractive to cybercriminals. First and foremost, they are not too concerned about security.

Not every small business has an IT specialist on staff, but illegal software and “left-handed” antivirus are common. Data may be stored in public folders, keys to remote banking systems (RBS) – in the drawer of the manager’s desk. The use of smartphones and tablets also increases the risk of corporate data leakage.

As analysis of incidents shows, as a rule, attackers do not go after any particular company, “siccing” viruses on everyone who gets their hands on them.

“And those who are less protected or not protected at all become the first ‘victims’ of hackers who, penetrating a company’s information network, steal secret keys, transaction or customer data,” as well as a host of other sensitive information.

Security Rules

There are a few mandatory information security rules that you simply must follow (2014).

Viruses and spam protection

Viruses and spam screen. The biggest threat to company security, according to experts, is malware. As of August 2014, about 200 thousand new samples of malware appeared every day. According to IS market participants, 95% of global companies were attacked by hackers at least once in 2013. An equally serious threat is the leakage resulting from unsecured sharing of corporate information via employees’ mobile devices.

To prevent these threats, it is necessary to give up “left-handed” software, install a firewall, and regularly update the antivirus.

Use the RBS computer only for RBS

The computer on which RBS is installed must be disconnected from local networks. You may not access the Internet from it, except for communications with the bank.

Not to use social networks and open Wi-Fi from work computers

If you use smartphones and tablet PCs at work or for storing information, you should not use them for accessing social networks or using public Wi-Fi.

Keep keys and passwords under lock and key

Moreover, some careless employees of a company don’t take a usb flash drive with the RBS key out of the computer at all. In case a hacker gains control of a computer it will result in stealing all secret keys and an intruder will use the RBS system on behalf of an organization. The information must be kept in a safe or other secure location and must not be accessible to outsiders.

Corporate data must be stored on a remote server

Commercial and personal data is best entrusted to cloud services. This is safer than in a folder on your desk or computer, on a thumb drive or removable drive. Data in data centers is stored encrypted and can only be accessed with digital signature keys.

Distinguish access to data between employees

It is also important to prevent internal threats – intentional or accidental violations of information security policy by company employees. These risks can be minimized by setting access to corporate information depending on the level of employees’ permissions. For example, the sales manager has information only on his customers, while the full database and the entire history of sales is available only to the head of the sales department. The chief accountant must have access only to accounting information, and the management accounting will be available only to the general director. Of course, in a small company it is difficult to achieve complete separation of functions, but you still have to try to separate information flows between employees. All of this will also reduce the likelihood of data leakage.

The post What is information security and why webmasters need it appeared first on DARB Finance 2022.

Peculiarities of cryptocurrency storage

The world’s first cryptocurrency, Bitcoin, appeared in 2009. It was created by an anonymous developer under the pseudonym of Satoshi Nakamoto. He also published the first prototype of a cryptocurrency wallet – Bitcoin-qt. A little later, this wallet was renamed Bitcoin Core, and to this day it remains one of the most popular ways to store bitcoin. 

Bitcoin Core is specialized software that allows you to store, receive and send digital currency. To perform such actions, you need a bundle of two special codes: 

• A public (public) key (address);
• A private (private) key. 

The wallet itself was created specifically to work with bitcoin and to use it you need to download the entire blockchain. 

Also in Bitcoin Core were initially integrated and the basic principles of working with the cryptocurrency: 

• All transactions are done directly between two users. 
• You can only receive cryptocurrency by transferring it to a public address.
• To send cryptocurrency, it is mandatory to sign the transaction with a private key.  

Anyone can download a wallet to their computer and use it at their discretion. 

Blockchain acts as a secure, decentralized space where bitcoins are stored. And they can be accessed from anywhere in the world. All you need to have is a private key. 

A successful transaction cannot be undone.

If you want, you can see information about all accounts and transactions in a public registry.  

These same features of working with cryptocurrency are preserved in modern wallets. At the same time, different developers released many other wallets for bitcoin and other cryptocurrencies. Most have implemented new features and capabilities. Due to the characteristics of specific wallets, they have become more convenient to use for certain tasks. 

Types of cryptocurrency wallets

Before you buy cryptocurrency, you need to think about how it will be stored and choose an appropriate wallet. 

Cold and hot wallets

All cryptocurrency wallets can be roughly divided into two main categories:

Hot Wallets. These are wallets that are frequently used to send and receive funds. Accordingly, they are constantly connected to the Internet, which increases the risk of loss or theft of assets. Therefore, you should not keep large amounts of money in hot wallets.

Cold

These wallets are distinguished by the fact that they are used very infrequently and are permanently disconnected from the Internet. Accordingly, they provide a safe place to store large amounts of bitcoins. 

At the same time, the same wallet can be used as hot and cold storage. For example:

If you download Bitcoin Core to your computer and turn it off for a long time, such a wallet can be considered cold. 

If the computer with Bitcoin Core installed is constantly connected to the Internet and is often used for transactions, it will be considered a hot wallet. 

However, there are already different wallets that initially have a certain set of characteristics that make them better to use as only hot or only cold storage. 

Light and heavy wallets

This is a classification based on the size of the space the wallet takes up on the user’s device:

A light wallet involves only installing a simple app to receive and send transactions. 

A heavy wallet requires downloading the entire blockchain, which can take up quite a bit of space. For example, the size of a bitcoin blockchain is up to 400 gigabytes.

The second option is most often chosen by those who, in addition to sending and receiving coins, need additional features. For example, mining, development of smart contracts, etc.

Hot use of cryptocurrencies

The main advantage of hot wallets is their convenience. There is no need to download the entire blockchain when using such a wallet. Also, hot wallets often have additional features built in from the beginning that allow you to conduct transactions more quickly and work with cryptocurrency in general. 

Online Wallets

This category includes all wallets that can only be accessed through a computer browser. They can be specialized online services for operating or using digital assets. In addition, online wallets include all cryptocurrency exchange accounts. 

One should keep in mind that all user assets stored in an online wallet are under the control of the company that provides the wallet. Therefore, before you start using such a service, you need to study it carefully to understand how reliable it is. 

Browser Extensions

This is lightweight software that is created as an extension for the browser. Such wallets are quite convenient to use. There are services in the cryptocurrency market that can only be accessed through a browser wallet. 

In contrast to online wallets, they assume that the user must control the security of his or her device himself or herself. If the computer gets infected with malware, hackers can steal the entire contents of the browser wallet. 

In any case, it is necessary to save the private key on a separate medium. Then, if necessary, you can restore access to the wallet through another device. 

Easy Wallets

In most cases, hot wallets don’t involve downloading the entire blockchain. Most often, they are lightweight software that is installed on a PC or mobile device. It is used only to store keys and provide connectivity to the decentralized network. 

Standardly, such a wallet allows you to receive and send cryptocurrency, it may have additional functions. When working with such software, it is important to keep private keys to be able to restore access to the account from another device. 

Cold Wallets

Cold wallets are most often chosen by people who work with large amounts of money, or plan to store cryptocurrency for a long time. Therefore, they need reliable storage, as well as protection against theft and loss of funds. 

Downloadable wallets

The classic version of a cold wallet involves downloading the entire blockchain to your computer. Take bitcoin as an example – today its blockchain size reaches 400 GB. Many users also use lightweight wallets for this purpose. In addition, there are versions for smartphones and tablets.  

Once such a wallet is installed, the device is disconnected from the network and is rarely used for transactions thereafter. If the device is not unplugged, it cannot be considered cold storage. 

Many users believe that the best cold storage wallets are those developed by the creators of a particular cryptocurrency. And software from third-party developers is considered less reliable. This is not the case. There are platforms that store bitcoins with just as high security.

Hardware wallets

A hardware wallet is a small device that is designed to securely store private keys as well as conduct transactions. They are considered cold because they are not connected to the Internet. 

To make a transaction, such a wallet must be connected to a PC via USB-connector. Next, you need to specify the amount and the recipient’s account. The sending itself is confirmed by pressing the physical button on the device. 

A high-quality hardware wallet guarantees that the private keys will not be stolen, even if it is connected to an infected PC. 

Paper Wallet

This is probably the cheapest way to store bitcoins. At the same time, it has high security. 

A wallet is a simple piece of paper with public and private keys printed on it. It is possible to place QR codes for both keys on it, if you wish. 

In order to receive funds on such a purse, it is necessary to give the sender a public key. And to send cryptocurrency, it is necessary to enter a private key into any wallet and create a transaction. Both of these actions are simplified by the use of QR codes. 

Multicurrency wallet

This is a separate category of cryptocurrency wallets, which involves storing different assets in one place. They come in different types: online wallets, desktop, mobile, hardware, etc. Moreover, such wallets can be either hot or cold. 

Today it is multi currency wallets that are in maximum demand. The main reason is their convenience – if a user wants to work with different assets, he does not need to download separate wallets for each cryptocurrency. 

In addition, such wallets often have additional built-in functions. For example:

1. Cryptocurrency exchange directly in the wallet;
2. Ability to integrate with decentralized applications;
3. Purchase of cryptocurrencies through bank cards and electronic accounts;
4. Participation in staking. 

One of the most popular examples of a multi-currency wallet is Trust Wallet. It’s a dedicated mobile app for Android and iOS that supports more than 53 blockchains and over 160,000 assets. Of course, when working with this wallet, you don’t need to download all the blockchains – you’ll only need public and private keys to receive and send coins. Trust Wallet can act as a hot wallet or cold storage. If necessary, the wallet can be accessed from any device. 

Thanks to the extensive functionality of multi currency wallets, their owners can react faster to cryptocurrency news. As well as work with popular assets that have good prospects for development. 

Conclusion

Today, there are many ways to store cryptocurrencies. They have their own features and characteristics suitable for different purposes.

The post How and where to store cryptocurrency – an overview of reliable ways appeared first on DARB Finance 2022.

Bitcoin owes its decline to a stronger dollar, which rose on news that US President Joe Biden will reappoint Jerome Powell as head of the Federal Reserve, downplaying speculation that Powell could be replaced as Fed head by Lael Brainard, whom the market considers a big dove. Thus, it strengthened expectations of an even more “hawkish” attitude of the Fed.

In addition to this news, we should also note the movement of BTC and cryptocurrencies in general since the beginning of the week. The hourly chart now clearly shows bitcoin support at $55,750, a break below which will already be an important “bear” signal. In this case, the level of $55,000 will become the next potential threshold of support, which should be paid attention to.

Bitcoin needs a return above the $60,000 mark in order to go higher and turn to the bull market. Before that key threshold, however, there are a few more short-term resistances, especially at the $57,000 level.

The post BTC under pressure, and further declines still possible appeared first on DARB Finance 2022.

“Given the high volatility of bitcoin’s price, its use as legal tender entails risks for consumers and financial integrity and stability. Its use also gives rise to contingent fiscal liabilities,” the review said.

The criticism is presented as part of the organization’s preliminary conclusion following a staff visit to El Salvador as part of consultations under paragraph IV of the IMF Articles of Agreement. The institution stressed that the findings of the review “do not reflect the views of the Executive Board.”

The experts visiting El Salvador recommended that the country’s government “narrow the scope of the bitcoin law and strengthen regulation as well as oversight of the new payment system.”

“As with other electronic wallets, Chivo should be required to fully protect customer funds, both in U.S. dollars and bitcoin, through segregation and ring-fencing of reserve assets. Stricter regulation and oversight of the payment ecosystem should be implemented immediately to protect consumers, combat money laundering and terrorist financing, and manage risk,” they wrote.

The experts added that the authorities should consider measures to limit contingent fiscal obligations. Among the possible steps, they noted the elimination of government subsidies for Chivo and the closure of the state bitcoin trust.

In response to the IMF review, President Salvador Naib Bukele stressed that he disagreed with the organization on criticisms of the decision to legalize bitcoin.

The IMF estimates that El Salvador’s economy will grow 10% in 2021. The organization expects the country’s public debt to reach 85% of GDP by the end of the year.

The law recognizing bitcoin as El Salvador’s official currency entered into force on September 7, 2021.

Not everyone in the country was enthusiastic about the government’s decision. There was a large-scale protest in the capital, during which demonstrators burned one of the cryptocurrency ATMs.

The IMF has already warned about the risks of legalizing digital gold in the country. The organization pointed out that such measures require a thorough analysis and competent regulatory policy.

The rating agency S & P Global later noted that the actions of President Buquele have negative implications for the credit rating of the country and jeopardize the achievement of an agreement with the IMF. From the latter, El Salvador expects to receive $1 billion in financial aid.

The post IMF again criticized the legalization of bitcoin in El Salvador appeared first on DARB Finance 2022.

The Federal Tax Service (FTS) of Russia is now actively studying the cryptocurrency market, the head of the agency Daniil Egorov announced in an interview with RBC.

Dogecoin has become the most popular cryptocurrency by search queries in 23 U.S. states, according to The Advisor Coach survey. Bitcoin and ETH/USD ranked second (10 states) and third (eight states), according to Business Insider.

The Bank of Russia proposes to introduce responsibility for the illegal circulation of digital financial assets (DFAs) and establish a procedure for taxation of transactions with them.

Crypto-payment infrastructure provider MoonPay completed a $555 million Series A funding round led by Tiger Global Management and Coatue.

Over the past few months, 14 major mining companies have taken more than 2 million pieces of equipment out of China. The main recipients were Russia, Kazakhstan, the United States and Canada, the Financial Times informs.

According to Messari, the token of the blockchain game platform Gala Game has risen the most over the past week among digital assets. GALA/USD rose more than 322 percent to $2.37 billion, while COCOS/USD fell more than 20 percent in Monday’s trading.

The post Liability for illicit trafficking of digital assets: crypto market news appeared first on DARB Finance 2022.