Bitcoin24h $67,174.64-3.09%

Ethereum24h $1,948.83-5.03%

BNB24h $643.99-4.29%

XRP24h $1.42+5.17%

Solana24h $82.92-6.31%

TRON24h $0.2691-3.20%

Dogecoin24h $0.0948-3.52%

Bitcoin Cash24h $479.28-4.54%

Cardano24h $0.2637-2.70%

Hyperliquid24h $34.22+6.16%

Russia can dabble in crypto but won’t avoid sanctions, US analysts say

Russia’s central bank is reversing its stance on crypto to avoid sanctions. But top analytics firms Chainalysis and Elliptic aren’t worried.

BlockFi user data breached in HubSpot hack, other crypto firms affected

BlockFi says users’ personal details, including names and emails were targeted after hackers attacked its CRM platform provider, HubSpot.

Binance, Kraken, and Coinbase have refused blanket bans on Russian users, citing libertarian values. FTX has already cut off Russian banks.

With governments in Russia and Canada sanctioning specific crypto addresses, concerns arise over the slow erosion of Bitcoin’s fungibility.

Fir Tree, which manages $4 billion in assets, reckons Tether is backed by watery Chinese commercial paper tied to troubled real estate plays.