Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash
Aug28

Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash

The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country as currency restrictions have been a driver of increased demand for digital coins. Monetary Authority of Russia Expands Citizens’ Access to Foreign Cash The Central Bank of the Russian Federation (CBR) has lifted one of the restrictions...

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Latvian Extradited to US for Wire Fraud Involving Crypto Investments
Aug28

Latvian Extradited to US for Wire Fraud Involving Crypto Investments

A Latvian national has been handed over to the United States where he is accused of fraud through several companies offering false crypto investment opportunities. Ivars Auzins will appear in a federal court in Brooklyn to face multiple charges of wire and securities fraud. Latvian Authorities Transfer Alleged Crypto Fraudster to US Custody Ivars Auzins, a citizen of the small Baltic nation of Latvia, was extradited to the United...

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Binance to Help South Korean City of Busan Grow Crypto Adoption, Develop Blockchain Ecosystem
Aug28

Binance to Help South Korean City of Busan Grow Crypto Adoption, Develop Blockchain Ecosystem

Binance is helping the South Korean city of Busan “grow crypto adoption within the city and beyond.” The global crypto exchange will also support the development of the city’s blockchain ecosystem and the Busan Digital Asset Exchange. Binance Signs MOU With Busan City Cryptocurrency exchange Binance announced Friday that it has signed a Memorandum of Understanding (MOU) with Busan Metropolitan City. Busan, located on the southeastern...

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SEC Probes Twitter Over Spam Accounts — Court Orders the Social Media Giant to Provide Additional Data to Elon Musk
Aug28

SEC Probes Twitter Over Spam Accounts — Court Orders the Social Media Giant to Provide Additional Data to Elon Musk

Twitter Inc. has been ordered to provide additional data relating to spam and bot accounts to Elon Musk. The social media giant has sued the Tesla CEO for terminating his $44 billion offer to buy the social media platform. The U.S. Securities and Exchange Commission (SEC) has also questioned Twitter about the number of spam accounts. Court Orders Twitter to Give Additional Data to Elon Musk Chancellor Kathaleen St. J. McCormick, a...

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Meta’s Chatbot Says it Pirates TV Shows and Leaked Movies
Aug28

Meta’s Chatbot Says it Pirates TV Shows and Leaked Movies

When Meta published its AI chatbot earlier this week, many people were happy to take it for a quick spin. Journalists were also keen to get involved, especially when the chatbot turned out to be a staunch Trump supporter who’s not fond of Mark Zuckerberg. This resulted in some intriguing conversations, as reported by the BBC, Business Insider and other. This made us wonder; what does the BlenderBot have to say about piracy? Is Piracy...

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