Russia’s crypto ban eases risks but curbs innovation: Fitch
Another motive for the restrictions may be to favor the development of Russia’s proposed central bank digital currency (CBDC), as in China
Category: Blockchain Assets
DeFi platform Qubit Finance Hacked, $80mn worth crypto stolen
The attackers hacked the protocol to take 206,809 Binance Coins (which totals more than $80mn) through Qubit’s QBridge deposit function
Google Cloud to enter blockchain market, applications open for blockchain experts
Google Cloud is already providing tools and services to build blockchain networks and has customers including Dapper Labs, Hedera and Theta Labs, along with other exchanges
Thailand to provide guidelines on crypto taxation soon, Finance Minister says
Currently, the Thai SEC is seeking comments on a consultation paper on digital assets until Feb. 8