Russia recognizes Bitcoin ! Russia is in the works of creating a law that will recognize Bitcoin as a currency. The law will also require the report of every transaction over $8,000. If not reported it will be deemed a criminal act. This is a great small step forward. By the looks of it , another country in the coming months will do the same . Mass adoption cannot come without regulation unfortunately.

russia recognizes bitcoin
Alexei Druzhinin—TASS via Getty Images

Bitfinex hackers have been caught ! 5 years ago the Bitfinex exchange was attacked for over 100,000 bitcoin. The Assistant Attorney General said that they were only able to trace down the stolen crypto because of the information on the blockchain. Authorities were able to get a search warrant on  Ilya Lichtenstein and his wife Heather Morgan.

According to Apple, the soon-to-be-launched Tap to Pay feature will extend support to “Apple Pay, contactless credit and debit cards and other digital wallets.” It basically means that unless Apple places a direct barrier for it, customers who are using Coinbase Card, Crypto.com Visa Card or a similar payments card would be able to use their cryptocurrency holdings to make payments via Tap to Pay.

The Gentlemen of Crypto is a daily live cryptocurrency podcast that broadcasts on YouTube. Isaiah Jackson and King Bless provide cryptocurrency analysis across a variety of blockchain news stories. 

Russia Recognizes Bitcoin | Struggle Rapper Hacks Bitfinex

February 9, 2022 Top cryptocurrency gains / losses.

  • XRP (6.87%)
  • AVAX (6.75%)
  • Shiba (4.7%)

Russia recognizes bitcoin as cryptocurrency: 2:37

  • Russia’s government and central bank are now working on a law define crypto as a currency
  • Transactions of more than 600,000 rubles (roughly $8,000) would have to be reported; otherwise, it would be considered a criminal act. Those who illegally accept cryptocurrencies as payment will incur fines.

Bitfinex hackers caught, funds seized: 11:12

Apple iPhone to integrate crypto payment options: 20:28

Churches move to the metaverse: 25:10

Vibin 31:42

Bonus: https://thegentlemenofcrypto.com/blog/solana-crypto-beginners-guide/

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