The U.S. Department of the Treasury is sanctioning three Ethereum (ETH) wallets connected to the North Korean hacking group reportedly behind last month’s Ronin Network attack. According to a new twee...
Tag: sanctions
Compass Mining to Liquidate $30 Million in Equipment to Avoid Sanctions
In efforts to avoid U.S. and U.N. sanctions, Compass Mining is looking to liquidate all its equipment in Russia in a massive sale that could roll northwards of $30 million. Compass Mining Inc, a leadi...
U.S. Sanctions More North Korean ETH Addresses Over $600M Ronin Hack
The U.S. Department of the Treasury last week connected North Korean hacking organization Lazarus to an ETH wallet used in last month’s $622 million Ronin Network hack, a sidechain established for the...
Fearing Sanctions, U.S. Crypto Miner Seeks Hasty Exit From Russia
U.S. crypto miner Compass Mining is looking to quickly divest its equipment in Siberia after the United States cracked down on its partner BitRiver over its Russian operations. In an announcement on D...
US Treasury Dept sanctions 3 Ethereum addresses allegedly linked to North Korea
The United States Treasury Department has added three Ethereum wallet addresses to sanctions allegedly linked to the hacker group responsible for the theft of more than $600 million in crypto from non...
Russian official admits sanctions are crippling the economy as the country grapples with a selloff and mass shortages
The ruble may not be showing it, but Western economic sanctions imposed against Russia are working. In revealing testimony before the Duma parliament, the head of the Central Bank of Russia (CBR) told...
Binance Curtails Services to Russian Users in Light of New EU Crypto Sanctions – crypto.news
Following the European Union’s new sanctions on Moscow, the world’s largest cryptocurrency exchange by trading volume curtails services in Russia, one of its key markets. Binance Limits Russia Service...
Treasury Sanctions Additional North Korean Wallets Tied to Ronin Hack
Key Takeaways The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned three North Korean crypto addresses. Those addresses are tied to Lazarus Group, which carried out a $551 ...
Leading Crypto Exchange Binance Shuts Down Russian Accounts in Compliance With New EU Sanctions
Crypto exchange giant Binance says it will halt services in Russia to comply with the latest round of restrictive measures imposed on the embattled nation by the European Union (EU). According to a ne...
Binance CEO CZ Says Exchange Will Comply With All Sanctions
Binance CEO Changpeng “CZ ” Zhao said the exchange’s recent restrictions against Russian users came from compliance with sanction rules. He added that crypto exchanges must comply with “all sanctions....
Binance Limits Crypto Services to Russian Users After EU’s Latest Sanctions Package
Following the European Union’s (EU) fifth sanctions package against Russia, Binance has begun taking “restrictive measures” against Russian users and entities. Russian users with accounts holding mor...
EU admits rouble payments for Putin’s gas might not breach sanctions
Putin Russia sanctions energy gas payments roubles EU – JENS SCHLUETER / AFP The EU has admitted countries may be able to comply with Putin’s demand for gas payments in roubles without breaching...
Russian Bank Finds Novel Way to Pay Lenders and Bypass Wall Street, Sanctions
(Bloomberg) — Sovcombank PJSC will offer a bond swap to its Eurobond holders to bypass the foreign banking web that has been blocking payments of Russian borrowers after sanctions were imposed f...
Sanctions could hurt Russia’s multibillion-dollar crypto industry
Illuminated mining rigs operate inside racks at the CryptoUniverse cryptocurrency mining farm in Nadvoitsy, Russia. Bloomberg | Bloomberg | Getty Images Sanctions imposed on Russia over the country...
Binance Limits Services to Russian Users to Comply With EU Sanctions – Exchanges Bitcoin News
Following the latest round of EU restrictions against Russia, digital asset exchange Binance is limiting services to Russian clients. The company pledged to lead the industry in implementing the sanct...
Bitcoin Holds Steady As US Extends Sanctions Against Russia To Cryptocurrency Mining
Sanctions are being imposed on cryptocurrency mining companies for the first time in history. The US Treasury Department announced that it is taking action against virtual currency mining companies ac...
US levies fresh sanctions against Russian entities, including Bitcoin miner BitRiver
The U.S. has announced new sanctions against entities connected to Russia, and this time around, one of them is a crypto mining company, according to a Reuters report. BitRiver operations hit with san...
Binance Deactivates Accounts Of Its Major Clients In Russia As Part Of EU Sanctions
The world’s biggest crypto exchange by trading volume, Binance, will deactivate the accounts of its Russian users, cutting its services in Russia as part of the EU compliance, the company said on Thur...
US Treasury sanctions Russian crypto miners, its first sanction on mining
advertisement Today, the US Treasury took aim at Russia’s cryptocurrency mining industry. On April 20, the Treasury’s Office of Foreign Assets Control added Russia-based cryptocurrency min...
EU Sanctions Prompt Binance to Introduce Russian Restrictions
Binance has introduced restrictions for Russian nationals in compliance with the fifth round of EU sanctions against Russia. The exchange will be limiting services for “Russian nationals or natural pe...
Binance Restricts Services To Russian Users In Light Of EU’s Latest Sanctions ⋆ ZyCrypto
Advertisement     Binance, the world’s largest crypto exchange by trading volume, has announced that it is undertaking serious restrictions on Russian users following ...
Russian Billionaire Alekperov Resigns As Lukoil CEO Amid Sanctions Over Ukraine
Topline Russian billionaire Vagit Alekperov stepped down as CEO of Russia’s second-largest oil company, Lukoil, the company said on Thursday, days after the U.K. and the EU sanctioned the former Sovie...
BitRiver Calls OFAC Sanctions ‘Unfair’ Anti-Competitive Move to Benefit US Miners
BitRiver’s parent company is based in Switzerland and “has never provided services to Russian government institutions” or worked with entities already targeted by sanctions, Igor Runets, the com...
Binance to restrict services to Russia following EU sanctions
Binance, the largest crypto exchange by trading volume, said it will limit services to Russian citizens after the EU announced its new sanctions against the country. Binance said the EU’s fifth packag...
US Government Sanctions Major Crypto Miner BitRiver
The US Treasury Department announced that it imposed sanctions on BitRiver, a cryptocurrency mining company, which is one of the largest data center service providers in the sphere, over its operation...
US Sanctions Bitriver, Targets Russia’s Crypto Mining Potential – Mining Bitcoin News
In an attempt to deny Russia opportunities to evade sanctions through cryptocurrencies, the U.S. Department of the Treasury has sanctioned leading Russian mining firm Bitriver. The move comes amid con...
US Sanctions Bitriver, Targets Russia’s Crypto Mining Potential – Coinotizia
In an attempt to deny Russia opportunities to evade sanctions through cryptocurrencies, the U.S. Department of the Treasury has sanctioned leading Russian mining firm Bitriver. The move comes amid con...
US Treasury Department sanctions Russia-based crypto mining firm
The US Treasury Department has included a crypto mining service provider among the firms included in sanctions against Russia. BitRiver and some of its subsidiaries have been accused of enabling the e...