Cryptographic News

Cryptographic News

All about the crypto market


How crypto exchanges confirm clients' assets.

1 May 2025 5 minute read 1 comment Evtuoil

Trust in centralized platforms remains a key element of the cryptocurrency industry. After a series of high-profile bankruptcies in 2022, the topic of transparency and confirmed custody of client assets has become particularly important. In response...

In Russia, near Irkutsk, cryptocurrency miners were detained, causing damage of 200 million rubles.

30 Apr 2025 1 minute read 0 comments Evtuoil

An illegal mining farm in the Irkutsk region caused damage to a network company worth 200 million rubles ($2,45 million). Cryptocurrency miners used hundreds of devices to mine cryptocurrencies and paid for electricity at a discounted rate, the organ...

Cifra Markets was named a convenient crypto service for Russians at the BF 2025 forum.

30 Apr 2025 4 minute read 2 comments Evtuoil

On April 23-24, Moscow hosted the international Blockchain Forum 2025, dedicated to the problems of blockchain, cryptocurrencies and mining. The forum gathered more than 15,000 participants from 100 countries, including representatives of the Ministr...

In Russia, in the Irkutsk region, a house burned down due to cryptocurrency mining.

29 Apr 2025 1 minute read 1 comment Evtuoil

People are always looking for a way to make money. They borrow money and take out loans to purchase devices for mining cryptocurrencies. Some are successful, while others are not. This is life, and who gets lucky depends on the will of chance. Why do...

Why are prices for anonymous cryptocurrencies rising now?

29 Apr 2025 3 minute read 2 comments Evtuoil

By the morning of April 28, the quotes of the Monero (XMR) cryptocurrency increased by more than 45% within a few hours, to a level of about $ 320 — this is the maximum since May 2021. XMR trading volumes exceeded $300 million per day against an aver...

A crypto investor lost $700,000 on a simple stablecoin exchange. What was that, and how to protect yourself?

28 Apr 2025 4 minute read 0 comments Evtuoil

Most often, cryptocurrency scammers use straightforward ways to steal digital assets. For example, we are talking about attempts to get to the victim's seed phrase, which allows you to restore access to a specific address in the blockchain and withdr...

Bitcoin mining is getting more expensive. How much do the largest miners pay?

28 Apr 2025 3 minute read 0 comments Evtuoil

Mining Bitcoin is becoming more expensive. The largest mining companies, whose shares are traded on the stock exchange, spent an average of $82,162 on the production of one bitcoin in the fourth quarter of 2024. This is stated in a new report by the...

Cryptocurrency mining has become a means of saving Bhutan's economy.

27 Apr 2025 2 minute read 0 comments Evtuoil

Bhutan has mined millions of dollars worth of bitcoins in recent years, relying on cryptocurrency as a means of supporting the economy. The mountainous country has faced problems due to "brain drain", high unemployment and a decrease in the flow of t...

ARK predicted Bitcoin at $2.4 million by 2030.

27 Apr 2025 2 minute read 0 comments Evtuoil

ARK Invest has raised its forecast for the cost of bitcoin from $500,000 to $2.4 million by 2030, depending on market conditions. This estimate was made by ARK analyst David Puell based on an updated methodology for predicting the price of bitcoin, w...

In the United States, they requested 8 years in prison for withdrawing $110 million from the DeFi protocol.

26 Apr 2025 1 minute read 0 comments Evtuoil

The New York City Attorney's Office has requested 6.5 to 8 years (78 to 97 months) in prison for Abraham Eisenberg. In 2022, he withdrew $110 million from the Mango Markets DeFi platform, but not by hacking its code, but by exploiting a vulnerability...