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Grinex to repay 1B ruble in client losses after hack
The recently hacked cryptocurrency exchange Grinex intends to compensate customers for stolen assets worth over a billion Russian rubles.
Cryptopolitan·10d ago
A7A5 handles transactions worth over 7.5 trillion rubles
Decentralized finance helped Russia’s favorite stablecoin, A7A5, reach trillions of rubles in annual turnover, according to a top manager of the sanctioned project. The role of such cryptocurrencies has been growing for Russian trade under Western sanctions, the latest of which s...
Cryptopolitan·13d ago
EU Expands Crypto Sanctions to Target Settlement Infrastructure
The European Union has placed crypto settlement at the center of its latest Russia sanctions package. The twentieth package, adopted on April 23, expands pressure on Russia-linked financial channels and targets the systems that help digital assets move across borders. The package...
TurkishNY Radio·13d ago
European Union Imposes Sweeping Cryptocurrency Sanctions Against Russia
The EU's largest Russia sanctions in two years ban crypto platforms, the digital ruble, and A7A5 stablecoin network to combat financial evasion. The post European Union Imposes Sweeping Cryptocurrency Sanctions Against Russia appeared first on Blockonomi.
Blockonomi·14d ago
EU Unveils Sweeping Russia Sanctions With Full Ban on…
What Does the EU’s New Crypto Ban Include? The European Union has unveiled its largest sanctions package against Russia in two years, introducing a full ban on crypto providers and platforms established in the country. The measures prohibit all transfers and exchange services lin...
Finance Feeds·14d ago
EU Hits Russian Crypto With Full CASP Ban and Digital Ruble Block
TLDR: EU now bans all Russia and Belarus crypto service providers, not just named exchanges only RUBx and the digital ruble join A7A5 on the EU banned crypto-assets list from May 24 Garantex users reportedly moved funds to Grinex using the sanctioned A7A5 stablecoin Compliance te...
Blockonomi·17d ago
EU targets Russia's sanctions evasion cryptos, allies in 20th package of sanctions
Russian ruble-pegged stablecoins like A7A5 and RUBx will be hit by the EU’s newest sanctions aimed at further cutting Moscow’s financial flows. The restrictions introduced by Brussels seek to thwart transactions using both traditional and digital currencies by attacking processin...
Cryptopolitan·17d ago
Breaking: EU Bans Russian Crypto Service Providers
The EU has adopted its 20th sanctions package, imposing a total sectoral ban on Russian crypto providers and prohibiting the Digital Ruble to stop war funding.
CryptoTicker·18d ago
Seven Israeli military and police officers charged with stealing tens of millions of shekels
Israeli authorities have charged seven military and police officers with running a multimillion-dollar theft and bribery ring, the second crypto-related criminal case to hit the country’s defence establishment in two months. The State Attorney’s Office filed charges Monday at the...
Cryptopolitan·21d ago
Garantex Successor Grinex Collapses Days After Coordinated Wallet Exploit
Hackers drained Grinex wallets and moved funds through SunSwap into TRX before consolidating assets into a single TRON address.
CryptoPotato·23d ago
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