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On Tuesday, the price of gold soared to new heights as an ounce of the precious metal surpassed $2K per ounce during the early morning trading sessions (EST). Hours later, gold tapped a high of $2,064.27 per ounce as the Russia-Ukraine war and global commodities surge has fueled demand. Gold’s Value Surges Higher Amid Commodities […]Powered by WPeMatico
A new fundraising platform whose objective is to help to raise funds for Ukrainians and the Ukraine military recently claimed to have raised 2 million of the stablecoin tether. Some of the donated crypto assets have been sent to the Ukrainian army and to a humanitarian fund that finances volunteers. Ukraine’s Crypto Donations Whitepay, a […]Powered by WPeMatico
At the end of the trading day on Monday, Wall Street was roiled once again as major stocks plunged during the day’s trading sessions. Most news outlets indicate the Russia-Ukraine war is causing the bleak outlook and reports show strained financial conditions worldwide are currently the tightest since 2020. Meanwhile, bond markets during Monday’s trading […]Powered by WPeMatico
Neutral Switzerland may target crypto assets within its territory that belong to sanctioned Russian entities, a report has said. The report quotes an official who explains that the move is designed to protect the integrity of the country’s cryptocurrency industry. The official, however, warns that crypto-assets that are not stored with cryptocurrency exchanges are impossible […]Powered by WPeMatico
G7 countries and the European Union are examining ways to stop the use of cryptocurrency by Russia to evade sanctions. “We should take measures to prevent listed persons and institutions from switching to unregulated crypto assets,” said Germany’s minister of finance. G7 and EU Seek to Prevent Crypto Use to Evade Sanctions The Group of […]Powered by WPeMatico
Veteran investor and fund manager Bill Miller explains why he thinks that it is currently “very bullish for bitcoin.” Miller noted that Russia has almost 50% of its reserves in currencies that are controlled by people who want to do them harm. Bill Miller’s Crypto Outlook: ‘It’s Very Bullish for Bitcoin’ Famed value investor Bill […]Powered by WPeMatico
In its latest efforts to destabilize the Russian invasion in Ukraine, the hacker group Anonymous offered Russian troops over $50k in Bitcoin in exchange for their tanks. According to Ukrainian media, the cyber hacking group will pay $52k in Bitcoin ($5 million Russan Rubles) for each surrendered tank. According to a report by Metro, Anonymous is telling Russians to put a white flag on their tanks and use the password “million” to show that they surrender and to claim the rewards. The hacking group has been highly vocal on Twitter regarding its attack against the Russian government and its banks.
The post Anonymous Offers Over $50K in Bitcoin for Each Surrendered Russian Tank appeared first on The Merkle News.
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Last week, Ukraine’s vice prime minister Mykhailo Fedorov requested major cryptocurrency exchanges to block addresses of Russian users. However, major cryptocurrency exchanges refused to sanction Russian accounts without a legal order. As the world is watching the Russia-Ukraine war, it’s clear that the west is looking to sanction Russia for its invasion in an attempt to incentivize peace and prevent a potential scenario for World War III. However, it’s important to note that attacking innocent Russian citizens who have little to no say regarding their government’s actions will not provide any relief to Ukraine or its people. So far, Binance,
The post Cryptocurrency Exchanges Refuse to Freeze Russian Accounts Despite Request by Ukraine appeared first on The Merkle News.
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