Imogen is a journalist for CryptoVista reporting on the complexities of the digital currency space and its latest news from around the world.
Authorities in Russia and Ukraine have stopped the operation of several underground crypto mining facilities discovered in capital cities Kyiv and Moscow, and the Russian Republic of Dagestan. Russian law enforcement uncovered the illegal use of stolen electricity worth over 500,000 rubles (over US$7,000) per day of use from the system run by Rosseti in […]
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Bitcoin plunged to a low of US$46,000 on Saturday after sitting at a comfortable US$57,000 a day before. BTC hit nearly US$59,000 on Wednesday before the big drop that ended the week. Other digital coins like Ethereum also experienced a decline over the weekend with the total market falling from $2.6 trillion on Friday to […]
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Bank Indonesia is considering developing a central bank digital currency (CBDC) parallel to the rupiah to counter cryptocurrency in the country. Juda Agung, Assistant Governor of Bank Indonesia, said in parliament that crypto assets are traded alongside commodity futures and are overall regulated by the trade ministry despite its significant effects on the financial system, […]
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David Marcus, a leading executive at Meta Platforms and co-creator of the anticipated digital currency Diem, has announced that he is leaving the company after seven years to pursue other endeavours. Marcus’ former employer, Meta, formally known as Facebook Inc., has struggled through a series of red tape issues in its attempts to expand its […]
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Singapore-based online currency exchange Coinstore has commenced operations across India, despite the government’s expected legislative bar on most private cryptocurrencies. Coinstore has released plans to expand across India by opening branches in Mumbai, New Delhi and Bangalore to support the launch of their web and app platforms within the Indian marketplace. “There have been policy […]
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Crypto token Omicron (OMIC) soared by 900 per cent after the World Health Organisation announced a strain of COVID-19 of the same name to be a variant of concern. The token was created in November by the OlympusDAO DeFi protocol and runs on the network Arbitrum. OMIC had been steadily trading at US$65 the previous […]
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