Crypto News
Russia Prepares Bill to Streamline Confiscation of Digital Assets
Russia is preparing a bill that would specify the requirements and procedures for the confiscation of digital assets, taking into account the specific circumstances surrounding these actions. The Russian Ministry of Justice emphasized that anonymity and the lack of centralized control over these assets have hampered these efforts. Russia to Introduce Bill Specifying Procedures toSource link
ASIC Seeks High Court Ruling on Crypto Yield Products After Block Earner Win
Australia’s corporate regulator is seeking High Court clarity on how crypto yield products should be regulated under financial law.Source link
Solana Chain Extension Sonic SVM Introduces New Token Burn Program
Sonic SVM, the first SVM chain extension on Solana, has announced the introduction of a new SONIC burn program aimed at enhancing the token’s value accrual mechanism. This strategic redesign replaces the previous burning model with a buy-and-lock system, where 50% of all transaction fees will be used to purchase SONIC tokens from the openSource link
Google Unveils Android XR Glasses with Gemini AI Integration
Google’s demo of the Android XR showed off features including livestreaming, photo capture, and Google Maps virtual display.Source link
US Tourist Says Bitcoin, XRP Worth $123K Stolen After Ride With Fake Uber in London
An American tourist has lost more than $123,000 in crypto after being drugged and abducted by a fake Uber driver in London’s West End.Source link