According to Russia’s Financial Monitoring Service, Rosfinmonitoring deputy head, German Neglyad, the move is meant to weed out money laundering incidents and other related vices. Under the proposed regulations, the Risfinmotoring will track the utilization of proceeds from cryptocurrency after the conversation to fiat. However, cryptocurrency proponents believe the move is laying the ground for abolishing digital assets like bitcoin. Banks already monitoring crypto proceeds German confirmed that banks are already monitoring transactions....

In particular, the number of SHIB on-chain transactions fell by more than 40% in January, marking the fourth consecutive monthly decline for the digital asset. SHIB had a total of 475,157 on-chain transactions in December 2021, compared to 278,942 in January 2022, representing a fall of 41.29% over the two months, according to data from blockchain analytics website bloxy.info. Notably, the number of transfers in January is more than four times lower than the all-time high of 1,389,603 transactions recorded in November 2021....

In June, the total number of SHIB transactions stood at 157,889, the lowest value for the last 15 months, as data retrieved on July 4 from blockchain analytics website bloxy.info demonstrates. The drop in transactions aligns with the steady downward trend that the dog meme token has been recording over recent months. Specifically, the number of SHIB transactions in May stood at 209,702, which means that June saw 24.7% fewer transactions....

Previously, our report that was published on September 21, 2021, indicated that there were 668,810 Shiba Inu holders on September 21, 2021. Currently, there are 699,971 holders of the meme token as of October 8, 2021, representing an increase of 31,161 new holders at the time of publication. The increase in holders had come at a time when Elon Musk posted a photo of his Shiba Inu puppy, Floki, on October 4 as Musk seems to be able to influence markets with apparently arbitrary tweets....

Melvin Capital, which started the year around $13 billion in assets and received an emergency cash funding of $2.75 billion from Steven Cohen’s Point 72 and Citadel, closed the position after experiencing massive losses. The hedge fund was down 30% as of today. Several other prominent hedge funds lost billions of dollars against the social media pumped rally. Steven Cohen’s Point72 plunged 15% since the beginning of this year, while Sundheim’s D1 Capital declined about 20%....

Notably, the number of smart contracts based on Plutus, a Cardano-based smart contracts platform, has reached a milestone of 996 as of January 25, putting it only four smart contracts short of the 1,000 mark. The graph depicts real Plutus-based smart contracts running on the Cardano blockchain, which were deployed as part of the smart upgrade enabled by the September Alonzo upgrade hard fork event. In particular, the upgrade meant that Cardano could provide a decentralized finance (DeFi) application development platform as well as offer programmability to the community of developers....

Taking into account the community votes cast through the Price Estimate tool at CoinMarketCap, the collective estimate sets the price of Solana at an average of $28.35 by December 31, 2022, according to the data retrieved by Finbold on November 21. If the community’s predictions, which result from 1,118 votes cast by press time, come true, they would represent an increase of $16.35 or +137.39% to the current price of $11....

The crackdown is a response to the fact that some Afghans have begun to store their riches in cryptocurrency in order to protect it from the reach of the Taliban, according to a senior Afghan police official who spoke with Bloomberg. According to Saadaat, thirteen persons were detained, although the majority of them were later freed on bail, and more than twenty enterprises linked to cryptocurrencies were also closed down in the city of Herat, Afghanistan’s third-largest city and a center for dealing in digital tokens....

Notably, Musk has been a strong supporter of Dogecoin, a meme coin that has grown beyond expectation, thanks to his support. The Tesla CEO who was recently named the person of the year by Times Magazine said the company would “see how it goes.” Whatsmore, Musk recently said that Dogecoin is better than the flagship digital currency Bitcoin in terms of transactions. Doge can be used to buy Tesla merchandise This announcement has been long-awaited as Dogecoin fans looked forward to when the coin’s lead supporter would accept it as payment in one of his companies....

In April, the electric vehicle (EV) manufacturer, managed to deliver 1,152 vehicles, while for May, the numbers jumped to 32,165 China-made vehicles sold. Tesla’s Shanghai factory reopened on April 19, after the renewed lockdowns in China, and was struggling to get the production back to pre-lockdown levels. Considering the backdrop of lockdowns, supply issues, and rising inflation the increase in China-made car deliveries means that the production jumped by over 200%....

Solar energy stocks are thus likely to be on the radar of astute investors on the lookout for the best environmental stocks right now, especially given the market opportunities due to the volatility in prices witnessed towards the end of 2021. Investment in renewable energy equities should be attractive to readers looking for a brighter future, regardless of short-term obstacles the stocks have faced. As far as analysts are concerned, sustained development in solar energy is almost inevitable, particularly in light of President Joe Biden’s 2030 carbon-free power objective....

A filing at the U.S. District Court in Illinois shows that the litigation has lasted almost a year. However, the settlement still requires approval from a federal judge. The lawsuit claims that TikTok violated the strict Illinois biometric privacy law by sharing the user data with third parties like Facebook and Google. The state further alleges that ByteDance failed to adequately disclose where the collected data was stored or shared....

In a blog post, TikTok indicated that the collectibles are under the TikTok Top Moments’ brand and will be based on six “culturally significant TikTok videos” from top creators. The social media platform intends to auction the collectibles and select limited edition NFTs for the planned October weekly sales. The platform notes that the initiative is part of the company’s commitment to helping creators achieve their goals to leverage the growing creator economy....

As most digital assets rally, a few coins are leading the way to emerge as the top gainers for the new year. Below, Finbold has listed the top five cryptocurrencies by gains so far in 2023 out of the top 100 coins by market cap as tracked on CoinMarketCap. Below is a breakdown of the top-gaining assets in 2023. Lido DAO (LDO) Lido DAO (LDO) is one of the leading Ethereum (ETH) liquid staking solutions....

The tax credits are designed to instantly and fully reimburse the employers dollar-for-dollar when they offer Coronavirus-related leave to their employees. This financial relief is provided under the Families First Coronavirus Response Act (Act) that was signed on March 18, 2020, by President Donald Trump. This Act will enable the US to fight and defeat COVID-19 by providing all American businesses with less than 500 employees funds to give their workers paid leave....

The Chief Operating Officer of Emirates, Adel Ahmed Al-Redha, has said that the airline intends to employ Bitcoin as a payment service while simultaneously introducing non-fungible tokens, also known as NFT collectibles on the company’s websites for trading purposes, making these remarks while attending the Arabian Travel Market reports Arab News on May 11. Al-Redha also stated to a media gathering that the airline headquartered in Dubai will hire new staff for the metaverse and NFTs, in an effort to develop applications to monitor customer needs....

Nubank’s CEO and co-founder David Vélez confirmed the milestone noting they expected to hit the target in a year considering the ongoing crypto winter, NeoFeed reported on August 1. The crypto service dubbed Nucripto was launched in May this year to 46.5 million Nubank users. Through the platform, customers can buy and sell Bitcoin (BTC) and Ethereum (ETH) via a crypto trading and custody service provided by Paxos’ infrastructure. There are also plans to add more assets in the coming days....

But, sometimes you might decide to hide your stories from some people, the solution to this? Hidden stories. If you want to know how to hide your Snapchat stories from public view or some of your friends, make sure you continue reading this article. Another thing you will learn from this article is how to hide unwanted Snapchat users’ stories from your feed. How To Hide Your Stories on Snapchat?...

Clearing the cache is one of the most effective solutions when your Messenger keeps crashing. But what is cache, and what does “clear cache” mean on Messenger? This post examines what “clear cache” means on Messenger, why you should do it, and how to do it. Overview of Cache on Messenger The cache is an umbrella word for all temporary files that a browser or app stores when you login into the site or application....

We will explain why abbreviations and coded phrases are common on Snapchat. Further, we will understand what “FS” means on Snapchat, giving examples of when it can be used and what it means in that context. Lastly, we will see other abbreviations that are popular on Snapchat. Why Is Snapchat Popular With Abbreviations and Coded Phrases? Snapchat is a common social platform, and its reputation is built on the cool features it offers, including filters and snaps....