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Russian Finance Ministry Rules Out Sale of Oil for Bitcoin


The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto...

Sberbank to Conduct First Digital Asset Transaction on Own Platform


Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top executive revealed this week. The announcement comes after earlier this year, the bank was authorized to issue digital financial assets. Sberbank...

Everything We Know About WWE's Probe Of Vince McMahon


WWE CEO and chairperson Vince McMahon “voluntarily stepped back” from his roles within the company amid an investigation of an alleged affair and payout with a WWE employee, according to the Wall Street Journal. Here’s everything we know about McMahon’s ongoing investigation so far. Read more

Let’s Put EA CEO’s $20 Million Payout In Context


The CEO of Madden maker Electronic Arts is set to rake in $19.8 million in total compensation for his company’s strong performance in 2021. That’s about half of what it was for 2020 after EA’s Board of Directors cracked down on exorbitant bonuses in the face of shareholder backlash, but still...

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