: Russian Crypto Miner Jailed for Four Years for Fraudulent Scheme

• A 47-year-old man from Orenburg, a southwestern city near Russia’s border with Kazakhstan, has been sentenced to four years in prison for crypto mining-related fraud.
• The court heard that the man had duped a local entrepreneur into investing in a mining project and promised profits by buying and reselling mining hardware.
• The man was ordered to pay the entrepreneur full compensation and fined just under $4,300.

Russian Crypto Mining Fraudster Sentenced to Four Years

A Russian man has been sentenced to four years in prison for crypto mining-related fraud. The 47-year-old resident of Orenburg, a southwestern city near Russia’s border with Kazakhstan, had duped a local entrepreneur into investing in a crypto mining project. He promised the entrepreneur profits by buying and reselling crypto-mining hardware.

Project Failed To Deliver On Any Promises

The court heard that the entrepreneur had given the man some $108,000 of his own money to invest in the project – as well as an additional $172,000 investment from a company founded by the entrepreneur. However, none of these promises were fulfilled and no cryptocurrency mining equipment was delivered – leaving both parties out of pocket.

Court Finds Man Guilty Of Two Counts Of Fraud

Despite pleading not guilty and claiming he had “no intention” of deceiving anyone, the court ruled otherwise and found him guilty on two counts of fraud. In addition to his four year sentence, he was also ordered to pay full compensation to both the entrepreneur and his firm – as well as a fine of just under $4,300.

Crypto Mining Popular Across Russia And Beyond

Crypto mining has become increasingly popular across many parts of Russia – particularly in areas such as Irkutsk where industrial crypto mining is growing rapidly due to its low energy prices. Additionally, there are numerous gas powered crypto mining projects being launched at oil drilling sites across Russia’s borders in Kazakhstan.

Criminals Targeting Crypto Miners On The Rise

Unfortunately this popularity has made it an attractive target for criminals too; earlier this year three individuals were arrested for scaling their neighbor’s balcony to steal 30 video cards from his cryptocurrency rigs!

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CME Bitcoin Futures Open Interest Reaches Near All-Time High, Institutional Demand Soars

• Chicago Mercantile Exchange (CME) Bitcoin futures open interest has risen to a near all-time high at 21%, indicating increasing institutional participation in BTC futures.
• Bitcoin prices have surged to over $23,000, up by more than 35% YTD, which has been backed by institutional participation in BTC futures.
• CME is one of the largest derivatives exchanges in the world that offers futures and options trading services in various industry segments, including cryptocurrencies.

The Chicago Mercantile Exchange (CME) Bitcoin futures open interest has been on the rise, reaching a near all-time high at 21%. This indicates increasing institutional participation in BTC futures, according to a recent report by Arcane Research. As Bitcoin prices have surged to over $23,000, up by more than 35% YTD, institutional participation in BTC futures has been increasing as well.

CME is one of the largest derivatives exchanges in the world that offers futures and options trading services in various industry segments, including cryptocurrencies. Generally, a rise in crypto-related trading volumes on the platform suggests an influx of institutional investors into the digital asset space. According to Arcane, CME’s January push comes as investors started to purchase the heavily discounted GBTC and hedge through CME futures after Genesis disclosed that Gemini had sold 30.9 million GBTC shares during its bankruptcy filings.

Another reason for the surge in open interest in Bitcoin futures on CME is that the contracts have started trading at a premium to the spot market, the first time this has happened since the fall of FTX. This suggests that the recent rally in Bitcoin prices has been driven by institutional investors. As more institutional investors enter the market, the demand for futures contracts on the CME platform is likely to continue to increase.

Furthermore, CME has been providing access to derivatives for institutional investors for some time now, and its growing market dominance in the world of BTC futures is likely to attract more institutional investors to the platform. This could have a positive impact on the price of Bitcoin in the long run, as institutional investors have deeper pockets than retail investors.

Overall, the rise in open interest in Bitcoin futures on the CME exchange is a positive sign for the future of the cryptocurrency market. As more institutional investors enter the market, the demand for Bitcoin is likely to increase, which should result in higher prices. Furthermore, CME’s dominance in the world of BTC futures is likely to attract more institutional investors to the platform, which could have a lasting positive impact on the price of Bitcoin.

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Uncovering the Forbidden West in Horizon Forbidden West Main Missions

Horizon Forbidden West is the most desired sequel to Horizon Zero Dawn. Created through Guerrilla Games, this action role-playing game takes place in an apocalyptic future where machines and humans live together. Players play the character of Aloy who is a young hunter who sets out on a journey to uncover the mysteries to the Forbidden West. While exploring the post-apocalyptic world Aloy will meet dangerous foes and discover new places and discover the secrets that lie within The Forbidden West.

Exploring the Forbidden West

Horizon Forbidden West takes players to a trip through the post-apocalyptic realm in The Forbidden West. It is the Forbidden West offers a brand new area for players to explore featuring a variety of landscapes, from deserts to mountains, deserts, jungles, and much more. The players will travel through the new terrains, encountering new and formidable enemies and allies. On the way they’ll discover the mysteries that lie within the Forbidden West, and learn about its dark history.

Unlocking the Mysteries of the Forbidden West

While players explore their way through Forbidden West, players will discover mysteries, solve puzzles, and discover important artifacts. These objects will reveal the mysteries that lie within the Forbidden West and offer insights into its history. Additionally, players will be capable of upgrading their armor and weapons, and alter their characters according to their preferences.

Battles in the Forbidden West

The Forbidden West is brimming with many opponents for players to fight. They include machines, human beings, to animals and many more. The players will need to utilize their weapons and skills to win the fights in the Forbidden West. They can also utilize the surroundings to their advantage, by using traps, cover and environment to benefit.

The Characters of the Forbidden West

Alongside the enemies they will face within the Forbidden West There are also many characters to interact with. The characters can range from allies to adversaries, and give players numerous tasks, quests and challenges that players must accomplish. Players can establish connections with the characters and be rewarded by completing their missions.

The Storyline of the Forbidden West

The Forbidden West offers a captivating storyline that players have to unravel. As they play the game, they will get new details of the tale, which will allow them to better comprehend the Forbidden West and the motives of the people who live there. The plot is filled with twists and twists, and players are in the driver’s seat as they unravel the mysteries of the Forbidden West.

The Visuals of the Forbidden West

The graphics of Forbidden West are breathtaking and absorbing. The game offers stunning and realistic environments featuring stunning landscapes, dynamic weather, and a myriad of characters and creatures. The visuals are a living and breathing world and create a truly thrilling experience for players.

Conclusion

Horizon Forbidden West is a exciting adventure through an apocalyptic post-apocalyptic landscape. The players will travel through in the Forbidden West, face formidable enemies, unravel its secrets, and learn about the dark side of its past. With an intriguing plot with stunning graphics, as well as many settings and characters, Horizon Forbidden West is certain to be an engaging and thrilling experience.

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The AirPods 2: A Comprehensive Guide

AirPods 2 AirPods 2 have been the hot topic from the moment they came out. The latest generation of Apple’s wireless headphones have been widely acknowledged for their upgraded design as well as audio quality and battery life as well as the ability to block noise. They’re the ideal accessory to any market for media and are quickly becoming an essential accessory.

In this detailed guide, we’ll go over how the AirPods 2 design and build quality as well as sound quality and the battery’s life span and connectivity, noise cancellation and cost. We will also give our final review of AirPods 2’s design and build quality, noise cancellation capabilities, connectivity AirPods 2 to help you decide if they’re the best earbuds for your needs.

Design and Build Quality

AirPods 2 AirPods 2 are designed to be light and comfortable. They sport an elegant, minimalist design which is ideal for markets that focus on media. The earbuds themselves are constructed out of plastic, while their charging cases are constructed from aluminum. They AirPods 2 are also IPX4 certified, which means they’re waterproof and sweat-proof and are able to endure the splashing of water.

AirPods 2 AirPods 2 have a great build quality and feel durable inside your fingers. They’re also extremely lightweight and weigh just 4.1 grams. The AirPods also include three sizes of eartips made of silicone which means you’ll be able to find the perfect size to fit your ears.

Sound Quality

AirPods 2 AirPods 2 have great sound quality. They have Apple’s H1 chip which offers better sound quality as well as low latency using Bluetooth 5.0. The H1 chip also offers better noise cancellation that can help block out background noise to let you concentrate on the music.

AirPods 2 are a great pair of headphones. AirPods 2 also feature Apple’s Adaptive EQfeature, which automatically adjusts the sound to fit how you shape your ears. This will ensure that you receive the highest-quality sound regardless of what kind of music you’re listening to.

Battery Life

AirPods 2 AirPods 2 have great battery longevity. They can last for as long as five hours with a single charge while the charger is able to hold for up to 24 hours charge. That means you can wear AirPods 2 for a long time. AirPods 2 all day without needing to worry whether you’ll run out of batteries.

Noise Cancellation

AirPods 2 AirPods 2 have excellent noise cancellation capabilities. They come with active noise cancellation that blocks out noise from the surrounding so that you can concentrate on the music. Noise cancellation is adjustable, allowing you to adjust the amount of noise cancellation according to your preferences.

Connectivity

AirPods 2 AirPods 2 are incredibly easy to connect to your device. All you need be able to open the case, then hold the device close to it. The AirPods will connect automatically to your device, and you’ll be able begin listening to music straight away. The AirPods are also equipped with hands-free control which allows you to manage your music at pressing a button.

Price

AirPods 2 are priced at $199.99. AirPods 2 are priced at $199.99 USD. It’s a reasonable price for the features you get – high-quality sound and a long battery life and superior noise cancellation. These AirPods 2 are also offered in a variety of colors, meaning you’ll be able to find the ideal pair that will match your preferences.

Conclusion

AirPods 2 AirPods 2 are the perfect accessory to any market for media. They provide excellent audio quality, a longer battery life, and efficient noise cancellation. They’re also extremely simple to connect to your devices and are available in a variety of colours. If you’re looking for an excellent set of wireless headphones they AirPods 2 are a great option.

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Japanese Tax Agency Signals Tax on NFTs and Crypto Gaming Profits

• The Japanese Tax Agency has signaled an intention to tax NFT sales and crypto gaming profits.
• NFT traders have been advised to make declarations and pay capital gains tax on their profits, while those receiving NFT giveaways may also have to pay tax.
• The NTA has clarified that NFTs qualify as a form of intangible property under national law, and that tokens that were stolen or disappeared may not be subject to taxation.

The Japanese Tax Agency (NTA) has recently released an FAQ-type document that provides guidelines on how to tax non-fungible token (NFT) sales and the profits earned by crypto and blockchain gamers. The guidelines, while not yet enshrined into the Japanese tax code or other laws, will likely be used by local or central tax authorities and NTA officers until parliament amends the relevant legislation.

For NFT traders, the NTA has advised that declarations should be made and capital gains tax should be paid on any profits. However, those making declarations will be able to deduct expenses from their declarations. Meanwhile, those receiving NFT giveaways may also have to pay tax on the tokens they receive. Additionally, the NTA has clarified that NFTs qualify as a form of intangible property under national law, and that tokens that have been „stolen or disappeared due to unauthorized [wallet] access“ may not be subject to taxation.

In regards to crypto and blockchain gamers, the NTA has conceded that “it is complicated to evaluate each individual transaction” in the case of play-to-earn (P2E) titles. As such, the agency is advising tax officers and those wishing to declare their transactions to “confirm” “details of calculation methods” for taxation when making annual tax returns with “experts” and officers specializing in the matter.

The guidelines released by the NTA signal a clear intention to tax NFT sales and the profits earned by crypto and blockchain gamers. The NTA is likely to use the guidelines until relevant legislation is amended, and those making declarations have been advised to assess their own situation with experts and officers specializing in the matter. Those receiving NFT giveaways may also have to pay tax, however, the NTA has clarified that tokens that have been “stolen or disappeared due to unauthorized [wallet] access” may not be subject to taxation.

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North Korean Crypto Hacks Surge in 2023: UN Sanctions on the Horizon

• A security provider has predicted a „surge in fraudulent activities“ and attempts to „steal virtual assets“ from North Korea in 2023.
• Crypto has become „an important source of funding for North Korean nuclear programs and missile development,“ according to the media outlet.
• UN sanctions may be imposed in response to an increase in North Korean illegal cyber activities.

Experts have warned that North Korean crypto hacks are expected to „surge“ in the coming year. This prediction is made by Spanish cybersecurity software firm, Panda Security, who believes that the hackers from North Korea will exploit the renewed public interest in cryptocurrency as markets recover from crypto winter.

The South Korean media outlet Money S has reported that North Korea is expected to focus more on illegal cyber activities to raise funds from the cryptocurrency market in 2023. This is because crypto has become an important source of funding for North Korean nuclear programs and missile development. It is believed to be the reason that North Korea was able to launch 70 ballistic missiles on at least 33 occasions in 2022, despite international sanctions.

Lim Chul, a Professor at the Center for Far Eastern Studies at Kyungnam University, believes that in order to fund an ambitious weapons plan presented at a North Korean central committee plenary meeting at the end of last year, the country will need to increase its illegal cyber activities. In response, the UN may impose sanctions which could further hamper North Korea’s efforts.

Moreover, Panda Security also believes that attacks on major crypto exchanges are also likely in 2023 and may also harm users. It is believed that the hackers will target exchanges to steal virtual assets and money, thus providing a source of income for North Korea’s weapons program.

The security provider has warned that these activities can be expected to increase in the year ahead, making it essential for users to remain vigilant and ensure that their assets are secure. It is unclear what the exact impact of this increased activity will be, but it is certain that it has the potential to cause disruption to the cryptocurrency market.

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Terra Luna Classic (LUNC) Surges Over 5%, Signaling Further Gains

• Terra Luna Classic (LUNC) has surged by over 5% in the past 24 hours, reaching a 0.5% drop in a week but a 23% gain in a fortnight, with the altcoin down by 7% in a month.
• The rise is attributed to the acceptance of a proposal to build a task force aimed at boosting its growth, as well as potential whale buying.
• The coin’s relative strength index (purple) has risen above 70, and its 30-day moving average (red) has overtaken its 200-day average (blue), forming a ‚golden cross‘ that could signal further gains.

The Terra Luna Classic (LUNC) price has been on an upward trajectory recently, with a surge of over 5% in the past 24 hours bringing its current level to $0.00016077. This marks a 0.5% drop in a week but a 23% gain in a fortnight, with the altcoin down by 7% in a month.

The surge appears to be a result of two factors. The first is the acceptance of a proposal to build a task force aimed at boosting the growth of the Terra Luna Classic ecosystem. The task force will be responsible for developing and promoting the platform, as well as liaising with potential partners and investors.

The second factor is the potential whale buying of the altcoin after a dip. The coin’s chart shows that it’s enjoying a little breakout at the moment, with its relative strength index (purple) rising above 70 in recent hours. This indicates growing momentum, as does the fact that LUNC’s 30-day moving average (red) has overtaken its 200-day average (blue), forming a ‚golden cross‘ that could signal further gains.

This optimism was reinforced by Binance’s announcement in early October that it was introducing its own burn of all LUNC tokens held by the exchange. This burn reduces the coin’s circulating supply, making it a more attractive long-term investment.

The Terra Luna Classic community is also actively working to reduce its supply further, with the introduction of a staking pool, an airdrop feature, and a yield farming service. All of these features are designed to make it easier for holders to earn rewards by staking their coins, and this could further reduce the coin’s circulating supply.

Overall, the Terra Luna Classic price is looking strong and could see further gains as the year progresses. With its growing community, increasing efforts to reduce its supply, and improving fundamentals, it could be an attractive investment for long-term holders.

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Cryptocurrency: Find the Next 100x Crypto For 2023!

• The S&P 500 is set to close its worst year since 2008, while the bond market is looking to suffer its worst year in modern history.
• Oil is on track to finish up 7% for the year and the dollar has had its best year since 2015.
• Cryptocurrency markets have had a tough year, with Bitcoin and Ethereum closing the year with losses of 65% and 67%, respectively.

It has been a tumultuous year for investors and traders worldwide, with the S&P 500 looking to close out its worst year since 2008 and the bond market about to suffer its worst year in modern history. Futures were lower Friday due to selling in tech stocks as Tesla (TSLA), which rose 8% in Thursday’s rally, is still down a staggering 65% this year and 35% for the month. Meanwhile, oil has sustained much of its gains from last year when it doubled early on, and is now set to finish up 7%. The dollar is slightly weaker yet will be closing out its best year since 2015 after increased demand via Federal Reserve interest rate hikes.

The cryptocurrency market has also experienced quite a year with Bitcoin and Ethereum closing the year with losses of 65% and 67%, respectively, since registering their all-time highs last year. As investors and traders prepare for the new year, it’s important to have a diversified portfolio, particularly in the quickly changing crypto markets.

In light of this, FightOut (FGHT) is an interesting option for investors and traders. FightOut’s highly-anticipated move-to-earn (M2E) app and fitness chain has already attracted $1 million during its week-long private sale, and the presale total has now exceeded an incredible $2.5 million–a feat that is quite rare in the crypto markets. Additionally, the project has an impressive team of experienced developers, advisors, and investors, and the project is expected to have a promising future.

Other cryptos that may be worth considering for investors are BIT, D2T, TON, and CCHG. BIT is a decentralized cryptocurrency backed by gold and offers a safe, secure, and and reliable way to store and transfer value. D2T is a decentralized platform that enables users to create and manage their own digital tokens and store them in secure wallets. TON is a blockchain-based platform that offers fast, secure, and efficient trading and payment services. Finally, CCHG is a crypto-trading platform that allows users to access real-time market data and trade multiple cryptocurrencies.

As the final crypto trading day of 2022 draws near, investors and traders across the globe are filled with anticipation for what the new year might bring. With the financial and risk asset markets looking for a possible recovery in 2023, it’s essential to have a diversified portfolio, especially in the quickly-changing crypto markets. The aforementioned cryptos may be worth considering for investors looking for the next 100x crypto in the new year.

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Kevin O’Leary’s Twitter Account Hacked, Promoting Crypto Giveaway Scam

• Kevin O’Leary’s Twitter account was hacked on Thursday, promoting a crypto giveaway scam.
• The fake tweet claimed that Mr. Wonderful had said on CNBC that he planned to give away some cryptocurrencies, and provided a link for users to send their own digital assets.
• Crypto giveaway scams are one of the most prevalent forms of scams in the industry, often involving hacked accounts of famous people, politicians, celebrities, and companies.

On Thursday, Shark Tank star Kevin O’Leary had his Twitter account hacked, which promoted a crypto giveaway scam. The fake tweet, which has since been deleted, claimed that Mr. Wonderful had said on CNBC that he planned to give away some cryptocurrencies. The tweet then provided a link that instructed respondents to first send their own digital assets to verify their wallet addresses, to receive the giveaway prizes.

Crypto giveaway scams are one of the most rampant forms of scams in the cryptocurrency industry, often involving hacked accounts of prominent figures. The scammers impersonate well-known individuals like Elon Musk, Michael Saylor, and CZ, using fake accounts to promote their fraudulent schemes. These individuals, who are leaders in companies such as Tesla, MicroStrategy, and Binance, are commonly targeted by the hackers. Unfortunately, once the victims send their own digital assets to verify their wallets, no funds are sent to them and the scammers make away with the funds.

O’Leary’s Twitter account, which is followed by more than 982,000 people, is just the latest example of a high-profile account being hacked to promote a crypto giveaway scam. Unfortunately, it appears that these scams are becoming increasingly popular, as the hackers continue to take advantage of unsuspecting victims. It is important to remain vigilant and not click on any suspicious links or provide any personal information when engaging with any cryptocurrency-related messaging.

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Galaxy Digital Rescues Argo’s Bitcoin Mining Firm with $100M Investment

• Galaxy Digital, Michael Novogratz’s crypto-focused financial services firm, has agreed to purchase Argo’s Helios Bitcoin (BTC) mining facility and provide an additional $35 million loan to help with restructuring efforts.
• As part of the deal, Galaxy will give Argo a new asset-backed loan in an aggregate principal amount of $35 million with an initial term of 36 months.
• Argo will use the cash proceeds from the sale of Helios to repay existing debts, prepayment interest, and other fees of approximately $84 million owed to NYDIG ABL LLC and $1 million to North Mill Commercial Finance.

Michael Novogratz’s Galaxy Digital has announced an investment of $100 million to help save Argo Blockchain’s Bitcoin mining firm, Helios, from bankruptcy. The crypto-focused financial services firm will purchase the mining facility and provide a $35 million loan to assist with restructuring efforts.

The loan is structured as an asset-backed loan with an initial term of 36 months and will be secured by a collateral package that includes the mining machines currently running at Helios, as well as machines located at Argo’s Canadian data centers. This loan will help reduce Argo’s debt by $41 million and provide them with a stronger balance sheet and enhanced liquidity to ensure continued operations through the bear market.

In addition to the loan, Galaxy will host Argo’s 23,619 Bitmain S19J Pro mining machines located at Helios for two years. The companies plan on optimizing their operations with the lower capex and opex requirements that the new setup will provide.

The cash proceeds from the sale of Helios, as well as a portion of the borrowings under the asset-backed loan, will be used to repay existing debts, prepayment interest, and other fees of approximately $84 million owed to NYDIG ABL LLC and $1 million to North Mill Commercial Finance. A collateral account controlled by NYDIG ABL LLC will return $6 million to the company upon repayment.

The investment from Galaxy Digital and the restructuring of Argo’s debts will provide the company with a much-needed financial lifeline. Peter Wall, Argo’s Chief Executive, is optimistic that the investment will help the firm to continue operations in the bear market and to stay competitive in the future. This news is encouraging for the industry as a whole, as it demonstrates that there are still opportunities to invest in Bitcoin mining despite the current market conditions.

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