Russia bans crypto mining in key regions starting 2025

Key Takeaways Russia will ban crypto mining in several regions starting January 1, 2025. The ban addresses electricity shortages and interregional cross-subsidization issues. Share this article Russia will prohibit crypto mining in several regions starting January 1, 2025, extending through March 15, 2031, according to state news agency TASS. The move seeks to tackle energy issues by imposing seasonal restrictions in major mining regions to avoid power shortages. Affected areas include Dagestan, Ingushetia, Chechnya, and the Donetsk and Luhansk People’s Republics, where mining operations are considered contributing to electricity shortages…

Threat actor steals half a million via 15 compromised X accounts: ZachXBT

Key Takeaways A threat actor stole $500,000 via meme coin scams promoted through compromised X accounts. ZachXBT suggests not reusing emails and using security keys for important accounts. Share this article A threat actor netted approximately $500,000 through a series of meme coin scams launched via more than 15 compromised X accounts, according to blockchain sleuth ZachXBT. The hacked accounts included Kick, Cursor, Alex Blania, The Arena, and Brett, among others. 1/3 A threat actor has stolen ~$500K over the past month by compromising 15+ X accounts (Kick, Cursor, Alex…