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Business Russia’s Opposition Leader Has Received 658 Bitcoin to Take Down Putin—Now Worth $32 Million Alexei Navalny has received $300,000 in Bitcoin this year alone. Analysts say it highlights Bitcoin’s role in challenging authoritarian regimes. This year alone, it received about 6 BTC. Analysts say the recent surge is related to the general interest in Bitcoin, Russia’s crypto liberalization, and anger over Navalny's detention upon return to Russia. Russia’s opposition leader Alexei Navalny’s movement has received 658 BTC in donations since 2016 to mount a campaign against incum...

As Ripple push back in the courtroom, XRP’s price hikes. Are the two related? Or is a pump and dump Telegram group behind it?

Analyst Gives Three Reasons Why $1.6 Billion in ETH Just Left Exchanges We get to the bottom of what happened to the $1.6 billion ETH drained from exchanges. More than $1.5 billion of ETH left exchanges this week. An analyst explains that it could have gone to DeFi, ETH2.0 staking snapped up by large investment firms. But his analysis still leaves some mysteries unanswered. Some hefty whales have been detected in the waters of the Ethereumblockchain. The Ethereum balance on top-tier cryptoexchanges reached a 15-month low of 15.4 million ETH  ($20.5 billion) according to a tweet from crypto a...

Presidential Candidate for Ecuador Proposes National Cryptocurrency A presidential candidate in Ecuador wants to merge the gold standard with blockchain technology. In brief Geovanni Andrade proposes to mint a gold-backed crypto. But will he have the backing of his party, let alone the electorate? Ecuador is not what you could call a crypto-friendly country. The closest it has come to having a favorable position towards crypto was when it moved from a ban on their use to their acceptance as assets—but not as a means of exchange. However, a presidential candidate wants to change that. Geova...

Pakistan is Now Using Government Funds to Mine Bitcoin The country’s economic growth has slowed down in the past few years. But Bitcoin mining could help partially revive that. It had earlier pushed for favorable crypto laws in the country. Countries like Pakistan and Iran have turned to Bitcoin to revive a failing economy. The government of Khyber Pakhtunkhwa (KP), one of Pakistan’s four provinces, announced the launch of two state-owned Bitcoin mining farms last week, as per a report on local outlet BOLNews. The move marked one of the first instances of a government using its own funds...