Blocking of Russians and fraud with MetaMask. Main events of the week

The crypto-investor withdrew bitcoins that have risen in price by 400 thousand times in 11 years, almost 2 million Ethereum has been burned since August 2021,collector sold NFTs worth $1 million for 1 cent and other news of the past working week Wednesday

The United States began to study the possibility of restricting Russia's access to cryptocurrency

Deputy Secretary of State for Political Affairs Victoria Nuland noted that consultations with European partners are underway on this issue.

Bitcoin has risen in price by 8% per day and exceeded $41.8 thousand.

Last week, the price of the cryptocurrency reached $45.4 thousand, but then fell to $37.1 thousand.

Sanctions in the crypto industry. Which sites have already introduced bans for Russians

Over the past two weeks, some trading platforms have blocked access for individuals from the sanctions list, and have also warned other Russian users about possible restrictive measures.

Thursday

Nearly 2 million Ethereum burned since August 2021

Cryptocurrency burning mechanism was launched in the network of the largest altcoin by capitalization as a result of the London hard fork

Crypto investor withdrew bitcoins that have risen in price by 400 thousand times in 11 years

At the end of 2010, an unknown person bought 489 BTC for $50. On March 10, he withdrew the cryptocurrency, which rose to $20 million

Binance Disables Support for Visa and Mastercard Issued in Russia

Holders of Russian Mastercard and Visa cards can no longer make direct deposits and withdrawals in rubles on the trading platform

Friday

Chainalysis began tracking crypto wallets of persons under sanctions

At the moment, the company's tools allow identifying addresses used to circumvent sanctions in the Ethereum blockchain and EVM-compatible networks (Polygon, Avalanche)

Collector mistakenly sold $1 million worth of NFTs for 1 cent

The user made a mistake, which was immediately exploited by a bot that tracks non-fungible tokens at a reduced price

A new type of fraud with MetaMask wallets has appeared on the network

Unknown people send emails to users asking them to pass verification in MetaMask, promising that otherwise their wallet will be blocked

You can find more news about cryptocurrencies in our RBC-Crypto telegram channel.

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