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Kremlin Pushes New Idea: Count Crypto Mining as Russia’s “Hidden Export”

A top Kremlin economic adviser, **Maxim Oreshkin**, ignited debate on December 3, 2025, by urging Russia to classify cryptocurrency mining as a “**hidden export**” in official trade statistics. Oreshkin, President Vladimir Putin’s former Economic Development Minister, argued that mined digital assets—sold on global exchanges without physical borders—generate foreign revenue akin to traditional exports, warranting inclusion in balance-of-payments data to track …

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Solana Mobile to Launch SKR Native Token in January

Solana Mobile, the blockchain’s hardware arm, unveiled plans on December 3, 2025, for SKR, its native governance token, set to launch in January 2026. With a fixed supply of 10 billion tokens, SKR aims to fuel staking, device security, dApp curation, and community rewards across the ecosystem, building on the success of the Seeker smartphone, which has garnered over 150,000 …

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Regulators Crack Down: Coinme Ordered to Repay $8M and Shut Down Operations

Washington state’s Department of Financial Institutions (DFI) delivered a seismic blow to the crypto ATM sector on December 1, 2025, issuing a Temporary Order to Cease and Desist against Coinme, the Seattle-based operator of the nation’s largest cash-to-crypto network. The regulator accuses the firm of illegally claiming over $8.3 million in unredeemed customer vouchers as income, mandating full restitution and …

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Ledger Sounds Alarm: Solana Seeker Core Chip Has Unfixable Security Flaw

The crypto hardware space faced a jolt on December 3, 2025, when Ledger disclosed a critical, hardware-embedded vulnerability in the MediaTek Dimensity 7300 chip powering the Solana Seeker smartphone—a device touted for its integrated crypto wallet and dApp ecosystem. The flaw, uncovered by Ledger’s Donjon security lab, enables attackers with physical access to seize full device control, potentially extracting private …

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Wall Street Talent Goes Crypto: Ex-Citadel Engineers Raise $17M for Stablecoin Startup Fin

The fusion of traditional finance and cryptocurrency gained momentum this week as former Citadel engineers Ian Krotinsky and Aashiq Dheeraj secured $17 million in Series A funding for Fin, a stablecoin-powered payments app targeting high-value cross-border transfers. Ex-Citadel Expertise Powers Fin’s Vision Citadel’s reputation for elite engineering and low-latency trading systems is legendary. Krotinsky and Dheeraj, who honed their skills …

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