Crypto news

China banning Cryptocurrency

• China bans Cryptocurrency and makes the market drop

• Crypto exchange companies are having trouble giving money back to China users

• People say China banned cryptocurrency because of its scared use of decentralization

El Salvador using Bitcoin as their main currecny

• El Salvador is making their "Crypto City" by making bitcoin one of their main currencies

• They hay Cryptocurrency ATM all around El Salvador

The price of the Cryptocurrency market due to Russian war with Ukraine

• 20% of U.S oil come from Russia

• After the U.S cut oil ties with Russia, causing the price of Cryptocurrency and stocks to drop, and gas prices to go up.

Biden signs order on Cryptocurrency

• Biden signs order on Cryptocurrency for the government to examine the Risks and Benefits

• Biden also wants to explore a digital version of the dollar

A Married couple steals 3.6 billion dollars of Bitcoin

• The couple named Ilya Linchtenstien and Heather Morgan was caught for stealing 3.6 billion dollars worth of bitcoin

• This hack was performed in 2016 and was stolen from the company Bitfinex

Cryptocurrencies pose a severe threat to India's national security

• Due to the methods of Cryptocurrencies method of being denaturalized, it is hard to track down transactions

• Cryptocurrencies are being used in the dark net like TOR, Freenet, Zeronet and Perfectdark

REvil hacker is caught for trying to steal $2.3 million worth of Bitcoin.

• A REvil hacker was caught for stealing 2.3 million dollars worth of bitcoin by the Feds

• Cost US Bussiness millions of dollars

Russia can use Cryptocurrency to fight the U.S. sanctions

• Russia has cryptocurrency tools to fight off U.S Sanctions, and other digital called ruble and ransomware

• Sanctions are tools used by the US that influence the behavior of unallied countries like Russia