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BlockBeats News, December 29, Russian police have detained seven employees affiliated with "Rosseti Moscow Region" (Россети Московский регион), who are suspected of assisting illegal cryptocurrency mining operations in the Moscow region. The arrested individuals held positions ranging from ordinary electricians to senior engineers. According to investigators, these power company employees provided paid "services" to illegal mining farms, including artificially lowering electricity meter readings and helping to evade scheduled and surprise inspections. According to the Russian Ministry of Internal Affairs, the preliminary economic loss caused by these actions is estimated at about 10 million rubles. (Bits media)

According to TechFlow, on December 29, CoinDesk reported that as silver prices hit a historic high, demand for tokenized silver markets has surged. Data shows that in the past 30 days, the monthly trading volume of tokenized iShares Silver Trust (SLV) increased by more than 1,200%, the number of holders grew by about 300%, and the net asset value rose by nearly 40%. Currently, the price of silver is close to $75 per ounce, which is about three times higher than its price in 2024.

Tokenized silver trading volume has surged significantly, reflecting that investors are accessing silver through on-chain methods. Over the past 30 days, the monthly transfer volume of the tokenized version of iShares Silver Trust (SLV) increased by 1200%, and the number of holders grew by 300%. The rise in silver prices has been driven by supply constraints, increased demand from the solar industry, and macroeconomic factors, leading to a divergence between the physical market and paper pricing.