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Moscow’s Dark Bitcoin Market Revealed

Russian journalist, Alena Suharevskaia, recently discovered and published secret offline crypto exchanges in the country’s capital.

Alena Suharevskaia also shared a small publication after describing the secret offline cryptocurrency offices in the capital.. In the business center of Moscow, Suharevskaia has found several cryptocurrency offices, one of them, Berkut or “Golden Eagle of Partnership”, has an average daily trading volume of 100BTC($650,000).

Transactions are done here under pseudonyms, customers they come to the office with cash and documents proving their legality. After the coins are counted, they wait another 30 minutes for the transfer to complete on the blockchain.

Customers enjoy the office luxury lounge with big-screen TV and game consoles, while employees often do a brief survey of the customer’s history.

Berkut’s CEO, Denis Polokhin, ensures security and reliability by not hiding customers’ information in his office and closing the transfer only after both parties confirm the amount in their wallets.. He claimed that in his best days, his daily transaction volume reached up to $2 million.

Another cryptocurrency office in Moscow’s business center is the International Crypto Center, located on the ground floor of the building.. According to the subsidiary arm of an Estonian company, Aridika Asset Management, also CEO Roman Krayniak, the operation is perfectly legal.

Krayniak said that there are a few groups of buyers, the vast majority of whom are buyers to fund their own ICO projects.. The next majority are Chinese, who own clothing stores in Moscow, and the rest are internet traders and dubious traders. stated in his report. These traders feed trade centers in locations as diverse as Moscow City, Gardener, and South Gates.

The cryptocurrency bureau in Gardener says it has a daily trading volume of $10M, as much as the entire legal total in Moscow.. Still, Yurii Polupanov, head of the financial supervision department of the Bank of Russia, the amount is slightly less, around $8.6M, telling Bitsonline.

According to a report by Chepicap, the government’s thinking is that the country is not ready for cryptocurrency yet. Despite this, the use of crypto continues to bloom in the country.

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Confusion in Iran Grows Cryptocurrencies

Although there is political turmoil enveloping Iran right now, Bitcoin is being adopted more and more in Iran.

Growing Despite Censorship

Large protests took place in Iran last week and some sources stated that more than 20 people were killed during the demonstrations.. High unemployment, inequality, housing costs and other economic hardships are some of the things that triggered the protests.. Despite limited internet access and intermittent internet outages, the cryptocurrency community in Iran is gaining strength amid all this turmoil.

Cryptocurrencies are Safer

Blockchain researcher Ziya Sadr based in Tehran recently told the media about the protests and cryptocurrencies. “I keep all my money, all my capital mostly in Bitcoin and some other altcoins… the reason I only hold cryptocurrencies is the economic situation of Iran” said Sadr “I have seen people around me increasingly do the same” he added. Ziya Sadr expects “more people to do this”. Sadr also stated that one of his favorite altcoins is Monero due to its advanced privacy features.. Sadr says there is still time for people in Iran to realize privacy-based coins, as the Iranian government has still not given any clear indication that it will ban Bitcoin or cryptocurrencies. He said he has the experience, talent, and resources to deal with the current internet censorship:

“The internet connection was awful last week.. It wasn’t pulling from anywhere.. Internet connection is bad in general. But sometimes the phones (go). Pretty confusing for ordinary people. For the past few days they didn’t know how to communicate. But tech-savvy Iranians are equipped for such barriers because we’ve been dealing with social media blocking for a long time.”

Record Trade Volume

Data shared by Coindance According to Peer-to-peer trade between Iranian Rial and Bitcoin over the past weeks, protests have only just flared up, reaching record volumes. More than 70 billion Iranian Rials worth of Bitcoin were traded in the week of December 23. Looking at the 6.3 billion Iranian Rial record set in the market in November, there was more than 1000% increase in volume in December compared to the previous month.. Sadr said that the peer-to-peer Bitcoin trading increased during the turmoil:

“A few days ago we bought 100 Bitcoin in the morning and sold it at noon.”

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Who is Senamiaonline? senamiaonline what is his real name, how old is he?

Who is Senamiaonline? Senamiaonline, one of the most popular names of recent days, reaches thousands of people with its shares.. Senamiaonline continues to be investigated by its followers, who actively use both instagram and tiktok accounts.. We have compiled for you questions such as what is Senamiaonline’s real name, How old is Senamiaonline

Who is Senamiaonline? The young phenomenon known as Senamiaonline on Instagram, TikTok senamiakalip provides access to millions of people.. However, there is not much information about. However, we compiled the information we could find and shared it with you.. Here is the biography of Senamiaonline.

Who is Senamiaonline?

senamiakalip on tiktok, with the name of Senamiaonline He also shares his name on Instagram.. The beautiful phenomenon has marked the last months, especially with its reels videos.. He gained thousands of likes for his reels videos, which he usually shot with his friends.. Senamiaonline has received more than 6 million views with its “Mini animation”, shot with Efe Uygaç, Zeynep Sürmeli, Selinay Yalçın and Yağız Kurtuluş.. So what do we know about Senamiaonline, which is watched so much and succeeds in increasing the number of followers day by day? Unfortunately there is not much information about. However, we may share some information based on our guesses.

First of all, Senamiaonline’s real name is known as Sena Mia. Although the name Senamiaonline is perceived as a nickname, it is understood from other social media accounts that her real name is Sena Mia.. She continues her education at Özyeğin University.. The age of Senamiaonline is predicted to be 21.. Senamiaonline height is around 160 cm. He lives in Istanbul. It is estimated that Senamiaonline also lived in London for a while.

Does Senamiaonline have a girlfriend?

Especially her recognition in the social media world quite a lot. Sena Mia’s number of phenomenal friends is also very high, as you can imagine.. For this reason, he participates in many videos on YouTube as a guest.. However, it is known that there is no Senamiaonline youtube channel yet.. It is planned to develop a new business model in the coming days.. And Senamiaonline can concentrate on youtube account. Who knows, maybe he can answer many questions with the question-answer video he will make here.

On the other hand, Senamiaonline’s lover has been on the radar of her followers for a while.. Although they have relationships from time to time, it is known that Sena Mia’s heart is empty for now.. He has already shared his information on a social media account as no relationship.

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USA and India Pursuing BCC Founders

Officials from the states of Illinois and Arizona have formally contacted the Indian Criminal Investigation Agency to request the seizure of the property of a pair of BitConnect entrepreneurs.. According to the Times of India Report, a suspect has been caught, but his accomplice is still on the run with large sums of Bitcoin, most likely belonging to defrauded investors.

BitConnect (BCC) was an open source digital currency described by many as a Ponzi scheme.. The scam, which became an internet hot topic after Carlos Matos’ ridiculous motivational debut, became one of the top 20 digital currencies until its price fell within a year.. Divyesh Darji, the brainchild behind the scam, was arrested at Delhi’s airport last month.

98% Drop

In December 2017, BCC hit an all-time high of $463, but a Within a month, its value was reduced to $6.. On September 10, BCC coin trading ended with Trade Satoshi, the last exchange to host the unit, also delisting BCC.. At that time, it was worth about $0.68.

Darji started the BitConnect initiative in December 2016 with his water partner Satish Kumbhani, after which it was discontinued in India.. But by promising an annual return on investment of 800%, the scammers have managed to deceive a large number of investors into converting their BTC to BCC. people invested their Bitcoins in BCC because of the aforementioned attractive earnings promises. Kumbhani is still on the run while Darji is arrested at Delhi airport on his way back from Dubai airport. […] Kumbhani was tracked to South Korea some time ago but flew to Dubai by the time we could reach him. It is thought that Kumbhani handles the company’s worldwide operations and may have large amounts of BTC belonging to investors.”

According to the news release, Darji allegedly made a 10 percent commission from all investors who invested in the company on his behalf.. Fluent in English, Darji had run several outreach projects, helping to deceive already unsuspecting investors.. “Darji brought an investment of around Rs 4,100 crore ($566 million) to the company,” the reports said.. The total investment in Bitconnect could be around Rs 41,000 crore ($5.6 billion).”

Illinois and Arizona officials said, “The citizens of these states invested in the company in question and lost money.”

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Mithril rated more than 180 percent on Bithumb news

We have published a guide article on what Mihtril is, which has attracted attention with its steep rises recently, and what the project aims at.

We also pointed out in the guide that Mithril is currently only traded on OKEx. This essentially meant that Mithril would most likely be valued higher if it was traded on a different and important stock exchange. Mithril, which is currently traded on OKEx, rose rapidly with this news, providing its investors with a 180 percent return, which is difficult to obtain in the current market conditions.

Mithril’s market value exceeds 150 million dollars, while the 78th largest digital currency became. Traded at $0.55, Mithril managed to enter the top 10 in 24-hour volume, despite being 78th with its market value.

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ASIC Crypto Mining Chip Partnership With Samsung’s Squire!

Canadian crypto mining firm Squire Mining Ltd. It has joined forces with Samsung Electronics to manufacture ASIC chips used for crypto mining. Squire will use the foundry services of the world’s giant company Samsung, which has a presence in this East Asian country, to manufacture cryptomining chips in the said design house.

Low Power, High Efficiency

Application- ASIC, a ‘Specific Integrated Circuit’, is a random access memory chip widely used due to its small size, low power consumption, and computational power-boosting features. Microchip technology fully complies with the criteria for cryptocurrency mining, which is a watt-hungry process and requires constant computation.

Tech giant Samsung said in May that growth in demand for ASIC chips contributed 73% to its consolidated revenues in the first quarter of 2018. had confirmed. Also, considering that the Bitcoin price at that time was above the support of $10,000, we can understand why mining companies are now more willing to buy ASIC machines. We see that the mining industry is hosting more and more players day by day, even though it is lower than 80…

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The anticipated Bitcoin bill passed the US House of Representatives! What will happen next?

The legislative process to regulate Bitcoin and crypto money markets in the USA continues at full speed. The anticipated bill passed the US House of Representatives! What awaits the US Bitcoin and cryptocurrency markets next?

The anticipated Bitcoin bill passed the US House of Representatives!

The name of the law passed by the House of Representatives : Eliminate Barriers to Innovation Act of 2021. So “Remove Innovation Barriers Act of 2021”. Before we go into the details of this law, let’s take a look at some concepts.

There are two top-level offices in the United States that oversee and regulate financial markets.. These; US Securities and Exchange Commission (SEC) and US Commodity Futures Trading Commission (CFTC). Since Bitcoin and cryptocurrencies are quite new assets, there may be confusion between the duties of the SEC and the CFTC.

  • Whatever happens will happen from May 3 to June 17!

The basis of the above-mentioned main confusion lies in the uncertainties in the definition of Bitcoin and cryptocurrencies.. If Bitcoin and cryptocurrencies are securities, these assets fall under the SEC’s mandate. Investment firms need to obtain the necessary permits and licenses from the SEC for Bitcoin ETFs (Bitcoin Exchange Traded Fund).

If Bitcoin and cryptocurrencies are commodities, this time Bitcoin and crypto monies fall under the CFTC’s jurisdiction. For a cryptocurrency to be listed on the Chicago Commodity Exchange, it must obtain the necessary permits and licenses from the CFTC.

Bitcoin is listed as a commodity on the Chicago Commodity Exchange. But so far, no investment firm has obtained the necessary permits and licenses for Bitcoin ETFs from the SEC.. If necessary permissions were obtained, Bitcoin ETFs would be listed on the New York Stock Exchange or the Nasdaq.

US legislation has passed the bill titled Eliminate Barriers to Innovation Act of 2021 to avoid this turmoil. passed the House of Representatives. Both Republican senators and Democrats voted yes to the bill.

  • Keep your eye on these 6 cryptocurrencies in May

According to the law An independent “Action Force” will be created to appoint members from the SEC and CFTC. Members from the private sector, universities and other government institutions can also take part in the Action Force.. Action Force; He will prepare a report on innovative fields, especially Bitcoin and cryptocurrencies.. The prepared report will be presented to the Biden Administration as a recommendation.. President Biden will make the final decision.

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Amazing success from Ripple XRP!

The effects of the lawsuit filed by the US Securities and Exchange Commission (SEC) against Ripple in December 2020 still continue and Ripple is heavily relying on this process.. There was a positive development for Ripple.. Details are in our news.

Great success from Ripple XRP!

XRP prices with the first shock effect of the SEC’s lawsuit against Ripple It was down to 20 cents.. While there was a serious bull season in the Bitcoin and crypto money markets, Ripple was added to this trend much later.. XRP reached the highest value of the last 3 years with $ 1.96 on April 14.

Although Ethereum, Bitcoin and many altcoins equaled the record in the 2017-2018 period, Ripple’s XRP has not yet broken the record in this period.

Ripple broke the all-time record with $3.84 on January 4, 2018. XRP is still far from this record level. The SEC lawsuit had a great impact on Ripple’s failure to reach a new ATH during the bull season of 2021.

Please See: What Happens Between May 3 and June 17!

After the SEC’s lawsuit against Ripple, many crypto exchanges, especially Coinbase, delisted XRP. This process seriously damaged XRP.

One of the exchanges that delisted XRP was Phemex.. The exchange made a radical decision to relist Ripple.. This relisting can be seen as a success for Ripple. XRP Investors can hope that other exchanges will list XRP after Phemex lists.. Phemex allegedly founded by Wall Street workers. However, Phemex is not a prominent exchange.

In the meantime, we would like to point out that US investors cannot use the Phemex exchange.

We see the weekly change in XRP prices in the chart below.

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SegWit2X hybrid mining mechanism is more productive than Bitcoin mining

SegWit2X fork block 528750 on December 28, 2017 took place in. The reason for the fork was to bring more freedom to the cryptocurrency world, bring the mining process closer to individual miners, and present a unique and revolutionary cryptocurrency world.

Some time ago the SegWit2X team introduced Hybrid Mining, which combines Hybrid Defense and POS protocols.

Why will Hybrid Mining change the rules in the world of encryption?

There are two main mechanisms that should be adopted by blockchain technology. Proof of Work (POW) and Proof of Stake (POS) protocols help confirm new blocks on a Blockchain. Combining POW and POS mechanisms, Melez Madencilik provides more benefits to miners and protects them from 51% attacks. Pow mining is run by professional high-capacity rigs. POS mining is enabled with cryptocurrencies stored in users’ accounts.

How does SegWit2X Hybrid Mining work

SegWit2X team introduced POW + POS Mining in 9:1 ratio. This means that there are 9 blocks with the POW protocol, and the 10th block is POS. After the POS mining is performed, miners have to wait 8 hours and 100 blocks. POS mining is performed on standard hardware with no dedicated hardware. Miners using the POS mechanism participate in the lottery every 100 blocks, and those with more crypto assets will have a higher chance of being selected.

Benefits of Hybrid Mining for miners

  • The mining mechanism introduced by the SegWit2X fork is very beneficial for end users. Some miners claimed that B2X mining is more productive than DASH and Bitcoin mining, thanks to the advanced mechanism offered by the fork.
  • 2. Hybrid mining gives opportunity to co-miners who do not have access to professional mining equipment and hoard cryptocurrencies.

    3. Hybrid consensus system prevents ‘51% Attack. This attack is done by a person manipulating the Blockchain by gaining access to 51% of the mining in that block.

    Please visit the SegWit2X website for additional information and enjoy Hybrid Mining.

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    While the price of Bitcoin is rising abroad, why is it not rising in Turkish stock markets?

    One of the most asked questions in our country: Why is the price of Bitcoin not rising in Turkish stock markets while it is rising abroad? Turkish stock markets are often criticized for not being sensitive enough to price movements. The price of Bitcoin is coming out abroad. Why is it still low in Turkey? Although the price formation is formed according to the buyer-seller balance in each exchange, sometimes there can be serious price differences between foreign and domestic exchanges, and there are even price differences between Turkish exchanges.

    Why doesn’t the price of Bitcoin rise in Turkish stock markets while it is rising abroad?

    Since there are investors from abroad besides Turkish investors in Bithesap, which was developed in England, a more sensitive and realistic Bitcoin price is formed to foreign price movements. For example, at the time of writing, the price of Bitcoin, which is around 42 thousand TL in Turkish stock markets, is currently trading at 44 thousand TL in Bithesap. Since there may be situations like the opposite, that is, when the price is cheap in Bithesap, it is expensive in other exchanges, it is possible to earn risk-free profits as following the price of each exchange without being tied to a single exchange will provide arbitrage opportunities. A price API is offered to follow the instant price formations in Bithesap, and the information of this API is known to be accessible through its website.

    Bitcoin transfer fees are lower with SegWit

    With the new Bitcoin version last week, many exchanges With the new Segwit infrastructure that Bithesap has also passed, sending Bitcoin from one exchange to another with low transfer fees is now cheaper than before, and there are more opportunities to arbitrage and earn profits.

    Commission rates according to transaction volume

    Bithesap With the new commission model it has recently updated, it applies commission according to the transaction volume of the last 30 days, and users with high transaction volume can also benefit from very affordable commission rates such as 0.09%.