Russian Exchange Leaks Source Code Amid Bitcoin Crackdown
A defunct Russian bitcoin exchange has released its source code to the bitcoin community amid the country's perceived crackdown on digital currency. The exchange, which made the announcement via the Bitcoin Talk forum and Reddit, says it is seeking to help the global bitcoin market evolve by allowing other companies to integrate its software. Its three founders had self-funded the platform's year-long production process, spending approximately $100,000 to reach an alpha version. However, faced with Russia's increasingly hostile regulatory climate, the team decided to abandoned their launch....
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Russian hacker Nanashi claims to have a database of Mt. Gox customers' personal information. About a week ago, Russian hacker "Nanashi" leaked the entire source code for Mt. Gox. Unsurprisingly, considering how unprofessional Mt. Gox has been, the code is pretty bad. Some random red flags:- There's a class with the name of the application. (Issues: Scope, SRP). - There's a class with 1708 lines of code. (Scope). - There's a switch-case statement that runs over 150 LOC (readability, maintainability). - There's a string parsing function in the same class as transaction processing (Separation....
The Russian cryptocurrency exchange Livecoin has shut down amid accusations that it has pulled an exit scam. Customers are unable to withdraw their funds and have been asked to provide extensive identifying information which they fear would lead to identity theft. The exchange claims that it was hacked in December. Livecoin Crypto Exchange Closes Down The Russian cryptocurrency exchange Livecoin announced Saturday the decision to close down its platform. The exchange claimed in December that it was hacked. As news.Bitcoin.com reported, hackers supposedly manipulated the prices of several....
Russian lawmakers have approved amendments regulating the taxation of transactions with digital assets. The legislation concerns business operations with cryptocurrencies and tokens. In some cases, the burden for Russian companies will be reduced as compared to foreign entities. Russian Duma Passes Law to Tax Crypto Transactions A bill amending the Tax Code of the Russian Federation to allow the authorities in Moscow to tax operations with digital financial assets (DFAs) has been approved on second, third, and final reading in the State Duma, the lower house of Russian parliament. The....
The FBI is not bidding on stolen National Security Agency (NSA) source code with bitcoins seized from Silk Road, contrary to a widely reported allegation. That’s according to security experts interviewed by The Hill. The allegation emerged when a bitcoin user sent money to both an NSA source code account and the seized bitcoin account, but no money changed between the accounts, according to experts. NSA Source Code Hacked. Last week, a group called the Shadow Brokers claimed to have hacked NSA source code and offered to sell hacked source code in exchange for the most generous financial....
A popular destination for many Russians, Thailand is now looking for ways to facilitate their payments amid widening western sanctions over Moscow’s military invasion of Ukraine. Cryptocurrency is one of the options being explored by the tourism industry as Russian citizens now face financial restrictions.
Authorities in Thailand Consider Accepting Cryptocurrency From Russian Visitors
Talks are underway between the Phuket Tourist Association (PTA) and the Bank of Thailand (BOT) to find alternative payment methods, including cryptocurrency, for Russian tourists visiting....