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Congress demands crypto payments notification from DOS when helping Ukraine
20.9.2022
The bill amendment demands the Secretary of State submit reports to congressional committees explaining why the DOS made the determination to pay out rewards in cryptocurrency
Despite the Historical Blunders of Price Fixing, European Commission and G7 Pledge to Impose Price Controls
7.9.2022
With the global economy looking gloomy and financial trade more restricted than ever before in history, government-mandated prices are seemingly coming back with a vengeance. Europe is suffering from significant financial hardships stemming from the Ukraine-Russia war, and just recently the Kremlin...
Rome’s Financial Volatility to Shock the Eurozone — Hedge Funds Bet $39 Billion Against Italian Debt
4.9.2022
Hedge funds are betting against Rome’s liabilities as S&P Market Intelligence data indicates investors have amassed a $37 billion short bet against Italian debt. The hedge funds are betting large against Italian bonds and investors haven’t bet this high against Rome since 2008...
Latest Ghana Benchmark Rate Hike the Largest on Record — President Promises Action Against ‘Unacceptable Depreciation of the Cedi’
23.8.2022
After seeing Ghana’s inflation rate surge to 31.7% in July, the Bank of Ghana responded by hiking the benchmark interest rate by 300 basis points. In addition to the rate hike, the central bank said it will gradually raise banks’ primary reserve requirements. One expert has said...
EUR Drops Below USD for the Second Time in 20 Years, Greenback’s Strength Leads to Largest Weekly Rise Since March 2020
22.8.2022
The U.S. dollar has been very strong compared to a myriad of fiat currencies worldwide and this week, the euro dropped below the USD for the second time in 20 years after meeting parity with the dollar in mid-July. The dollar’s recent brawniness has resulted in the largest weekly rise since...
Global Economic Growth Slows Amid Gloomy and More Uncertain Outlook
28.7.2022
Pierre-Olivier Gourinchas is the Economic Counsellor and the Director of Research of the International Monetary Fund (IMF).
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The world’s three largest economies are stalling, with important consequences for the global outlook. Inflation is a major concern....
Read More: Global Economic...
No, Ukrainian Prosecutors Didn’t Just Seize 830kg of Silver from an OTC Crypto Gang – Here’s What Happened
14.7.2022
Reports that prosecutors in the Darnytskyi District of Kyiv, Ukraine, have recently busted a gang of over-the-counter (OTC) crypto brokers – who allowed individuals in Russia and areas under Russian control to swap silver, cash, and land for cryptoassets – appear to be somewhat wide of...
El Salvador Treasury Minister States Ukraine-Russia Conflict Disrupted Bitcoin Prices, Volcano Bonds Still on Hold
3.6.2022
Alejandro Zelaya, Treasury minister of El Salvador, explained that the conflict happening currently between Ukraine and Russia has influenced the price of bitcoin on international markets, disrupting it. Due to this disruption, Zelaya also stated that it was not feasible to issue the volcano bonds...
How blockchain archives can change how we record history in wartime
12.5.2022
We are coming into a great age of blockchain technology, but there are limits that need to be solved before decentralized archives enter the mainstream
Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June
6.5.2022
While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The greenback has seen five weeks of consecutive gains following the Federal Reserve’s 50 basis point...
Crypto Adoption Continuing in Developing Countries Despite Price Drop
29.4.2022
Despite a challenging backdrop with rising rates and falling stock prices, real-world adoption of crypto is continuing, with developing countries known for depreciating fiat currencies having the highest levels of crypto adoption worldwide, a new report from DappRadar has said....
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Slapstick Russian Propaganda Says Nazi Assassins Owned The Sims 3
26.4.2022
Russia’s Federal Security Service (FSB) released a series of photos on Monday, reportedly showing the belongings of a group of “Nazi Assassins” who had been plotting to murder Russian TV host Vladimir Solovyov. It is a very funny series of photos, for a number of reasons.Read more
Financial Stability Risks Grow as War in Europe Complicates Push to Contain Inflation
23.4.2022
Tobias Adrian is the Financial Counsellor and Director of the International Monetary Fund (IMF)’s Monetary and Capital Markets Department.
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While no systemic event has materialized, the balance of risks has tilted more firmly to the downside....
Read More: Financial Stability Risks...
Binance Limits Its Services in Russia, New Crypto Investments, Kadena's Grants + More News
21.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______...
Read More: Binance Limits Its Services in Russia, New Crypto Investments, Kadena's Grants + More News
Ukrainian crypto and blockchain firms survive despite ongoing conflict
20.4.2022
Executives at nonfungible token service provider Finch are planning to open an office in Miami, while many employees of blockchain firm NEAR have gathered in Lisbon
‘I’ve never paid with crypto before’: How digital assets make a difference amid a war
9.4.2022
For many Ukrainians and Russians, digital assets have become the means to support themselves and their loved ones during the crisis
Russia’s Central Bank Slashes Benchmark Rate, Pegs RUB to Gold — Ruble Rebounds to Pre-War Levels
9.4.2022
Amid the Ukraine-Russia conflict, the Russian ruble has managed to rebound despite the strict sanctions imposed against the Russian Federation. The country’s central bank has taken a few steps to protect the nation’s currency as the Bank of Russia revealed a fixed price for gold...
Awkwardly, Ubisoft’s Division 2 Update Is All About A Nuclear Power Plant Invasion
2.4.2022
During Russia’s ongoing and horrific invasion of Ukraine, Russian military forces have taken over and held various nuclear power plants located in the country. In what is unfortunate but likely unintentional timing, Ubisoft has revealed that the new mode coming in loot shooter The Division...
War Game Disables In-Game Chat Over 'Political' Concerns
30.3.2022
War Thunder is a multiplayer combat game on PC and consoles that lets players take control of tanks, ships and aircraft from various time periods and just go at it. And like many other games of this type—World of Tanks and Warships in particular—the in-game chat experience can sometimes...
Retro Computer And Game Museum In Ukraine Destroyed By Russian Bombing
26.3.2022
A large, privately-owned, and operated museum dedicated to retro computers and video games was destroyed earlier this week in Ukraine as a result of the ongoing and horrific invasion of the country by Russia. While a museum being destroyed doesn’t compare at all to the thousands dead and injured...