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Russian Anti-Money Laundering Agency Plans to Classify Illegal Cryptocurrency Mining as a Criminal Offense

3 hours ago

On April 30th, as per CryptoNews, Russia's anti-money laundering agency, Rosfinmonitoring, intends to seek the classification of illegal cryptocurrency mining as a criminal offense. It has received support from the Ministry of Finance, the Central Bank, and the Chamber of Commerce. Deputy Director German Neglyad mentioned that the proposal is aimed at combating the use of illegal mining to assist criminals in money laundering, and relevant legislative amendments are in the process of being prepared. Currently, in Russia, only 9 regions are prohibited from mining during winter. Some areas in Irkutsk are under a ban until 2031. However, illegal mining has not yet been incorporated into the criminal law and is only punished under charges such as electricity theft.
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The Indian High Court has ordered the ban of the encrypted email platform ProtonMail.

On April 30th, the High Court of Karnataka in India issued an order to ban the encrypted email service Proton Mail. The court invoked the "2008 Information Technology Act" and directed the government to "immediately block" the domain names related to Proton Mail. This action originated from a complaint filed by a New Delhi design firm in January of this year, claiming that its employees received offensive emails through the service. It is important to note that in March 2024, Indian authorities had proposed to ban the service due to "false bomb threats," but the service continued to operate in India. Additionally, Proton AG (the Swiss parent company of the platform) provided a user's information to Spanish authorities in 2024, which raised concerns among privacy advocates regarding the data security of this centralized service. Proton was founded in Switzerland in 2014 and is renowned for services such as Proton Mail, Proton VPN, and Proton Drive. It focuses on providing privacy-firs

3 minutes ago

Bloomberg Prediction: Probability of LTC and SOL Spot ETF Approval by 2025 Reaches 90%

On April 30th, as per Bloomberg's Senior ETF Analyst Eric Balchunas, Bloomberg Intelligence projects that by 2025: the likelihood of approval for LTC and SOL spot ETFs stands at 90%; the likelihood of approval for an XRP spot ETF is 85%; the likelihood of approval for DOGE and HBAR spot ETFs is 80%; the likelihood of approval for ADA, DOT, and AVAX spot ETFs is 75%.

3 minutes ago

In the last 24 hours, CEX net outflow of 8845.35 BTC

On April 30th, based on Coinglass data, in the past 24 hours, CEX has a total net outflow of 8845.35 Bitcoins. The top three outflow exchanges are as follows: Coinbase Pro with an outflow of 8840.52 BTC; Bybit with an outflow of 909.39 BTC; and OKX with an outflow of 274.04 BTC. Additionally, Kraken had an inflow of 1081.54 BTC, ranking first in the inflow list.

3 minutes ago

ALPACA Short-Term Breaks $0.91, Surges Over 3000% Since "Binance Delisting" Announcement, Liquidates $26.87 Million in the Past 4 Hours

On April 30th, based on market data, ALPACA briefly exceeded $0.91 and once again reached a new high in the current upward trend since the "Binance delisting" announcement (with a cumulative increase of more than 3000%). Currently, it is trading at $0.75, with a 24-hour gain of 214%. According to Coinglass data, the total 24-hour trading volume of ALPACA reached $4.45 billion, and the current open interest is $167 million. In the past 4 hours, there have been liquidations totaling $26.87 million across the network, making it the highest liquidation amount for a specific trading pair in the last 4 hours. Among these liquidations, long positions were liquidated for $0.786 million and short positions for $26.09 million. It is worth noting that this liquidation amount significantly exceeds the sum of liquidations for BTC, ETH, and SOL during the same period ($9.88 million + $4.06 million + $1.23 million = $15.17 million), and also accounts for the vast majority of the total network liquid

3 minutes ago

CZ will attend a Binance Clubhouse event in Dubai today at 3:30 PM.

On April 30th, according to official channels, Binance founder CZ is scheduled to make a live appearance at the Dubai Binance Clubhouse at 15:30 local time (19:30 Beijing time). He will engage in a fireside chat with the co-founder of Coin Bureau, Guy Turner. The specific topic of the conversation remains to be determined. The event will be live-streamed.

3 minutes ago

Bitunix Analyst: First Trade Deal "Sealed", BTC Trading Range Short-Term Volatility, Awaiting Direction

April 30th. On Tuesday, the U.S. Secretary of Commerce disclosed in an interview with foreign media that "I have completed the first trade agreement. It is truly completed." However, it still needs to be approved by the counterpart country's government and parliament. He emphasized that this agreement does not involve China as the negotiations with China are being handled by the Treasury Secretary Bennett. The market generally anticipates that Japan, South Korea, and India will be the first to finalize the agreement. In the cryptocurrency market dynamics, with some risk-off funds returning to the traditional market, crypto safe-haven assets are being reallocated and ETFs and whale buying remain active. Bitunix Analyst Recommendation: Lutenic is optimistic about the upcoming trade agreement, which brings a short-term positive outlook to the market and drives the rebound of risk assets; crypto assets are also supported during the rotation to safe havens. The analyst suggests that inves

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