City Sanction Financial News

16.06 / 15:13

Twitter Extreme Coindesk 3AC Three Arrows Capital Liquidators Request Contempt Sanctions for Co-Founder Kyle Davies – What's Going On?

Amid the ongoing legal proceedings surrounding the collapse of Singaporean crypto hedge fund Three Arrows Capital (3AC), the co-founder Kyle Davies is facing potential contempt of court charges.

02.06 / 20:35

defi Treasury Tornado Cash Support Blockchain Association Files Amicus Brief To Support Coin Center’s Lawsuit Over Tornado Cash Sanctions

Washington DC-based Blockchain Association filed an amicus brief in support of crypto think tank Coin Center’s lawsuit against the US Treasury Department over its sanctions against Tornado Cash.

25.05 / 18:25

ETH Binance Citizens Platform Pool Cyber Cyber Attackers Seize Control of Sanctioned Crypto Mixer Tornado Cash

Tornado Cash, a fully decentralized and open-source cryptocurrency mixer operating on Ethereum-based networks, has been subjected to a malicious takeover. This comes as another significant blow to the platform following its troubled history with regulatory authorities.

08.05 / 09:29

business regulation sanctions ChatGPT China is developing AI without US chips: Here's how

The race to create artificial intelligence (AI) continues as China pushes forward the development of home-grown AI without utilizing the latest technology from the United States due to current sanctions.

16.03 / 17:15

UPS Provident Tether USDT Platform Crypto Exchange Russians Reportedly ‘Using Crypto Exchanges to Send USDT to UK’ – Here’s How

Russians are using “several” Moscow crypto exchanges to send Tether (USDT) to people based in the UK, a new report has claimed.

14.03 / 14:05

Hack Seoul: Sanctions May Be Ineffective Against North Korea’s Crypto Hacks

North Korea’s crypto hacking campaign may be impervious to international sanctions, a South Korean government official has claimed.

06.03 / 19:55

Blockchain Ethereum ETH Suspected Hackers Move Stolen Funds to Sanctioned Crypto Mixer

Blockchain security firms PeckShield and Beosin have reported that suspected hackers who exploited Lendhub, a decentralized finance lending protocol, have moved more than half of their ill-gotten gains to Tornado Cash, a crypto mixer service. According to Beosin, around 2,415 Ether (ETH), worth about $3.85 million, was sent to Tornado Cash from a wallet connected to the Jan. 12 exploit. Beosin also reported that a total of 3,515.4 ETH, currently worth over $5.7 million, has been sent to Tornado Cash by the exploiter since Jan. 13.

05.03 / 19:53

Blockchain Ethereum Hackers Crowdfunding Bitcoin Russia-Ukraine war: How both sides of the conflict have used crypto to win

In the Russia-Ukraine war, both sides of the conflict have been leveraging cryptocurrencies to achieve the upper hand.

27.02 / 15:17

Target SUN Sanctions Net Widens to Catch Russia’s Middle East Shipping Company

The European Union sanctioned a Dubai-based subsidiary of Russia’s state-owned shipping giant, the first time it has used new powers to hit foreign-based entities that help Moscow circumvent Western restrictions.

27.02 / 13:41

Kucoin Binance Huobi ByBit Crypto Exchange Kucoin and Huobi Are Accused in Report of Enabling Russian Banks to Break Sanctions

Huobi and KuCoin, two of the world's largest crypto exchanges, have reportedly continued to provide services to customers of sanctioned Russian banks.

27.02 / 03:11

Target SUN Sanctions Net Widens to Catch Russia’s Middle East Shipping Company

26.02 / 19:09

Target SUN Sanctions Net Widens to Catch Russia’s Middle East Oil Shipper

21.02 / 21:47

U.S. Plans to Impose New Sanctions on Some 200 Russian Individuals, Entities

WASHINGTON—The Biden administration is expected to impose fresh sanctions on about 200 Russian individuals and entities this week, according to a person familiar with the matter, in a push to tighten the sanctions net around the country a year after its invasion of Ukraine.

21.02 / 15:15

boost U.S., Allies to Boost Efforts to Stop Russia Skirting Sanctions

The U.S. and its allies are preparing to increase efforts to enforce sanctions against Russia, threatening to hit foreign companies helping Moscow evade economic restrictions.

30.01 / 18:49

Provident Microchip Russia Boosts China Trade to Counter Western Sanctions

Trade between China and Russia boomed last year, providing a lifeline to Russia’s beleaguered economy and showing the limits of Western sanctions, according to a new report.

12.01 / 16:09

Blockchain regulation Report crimes Time Illicit crypto transactions reached all-time highs in 2022: Report

Setting aside the criminal investigations of failed crypto businesses like FTX, Celsius, 3AC, Terra and others, 2022 set the record in illicit on-chain transactions. According to a yearly report published by Chainalysis on Jan. 12, the total cryptocurrency value received by illicit addresses reached $20.1 billion in the last year.

12.01 / 15:35

business Police Nexo offices reportedly raided by police in Bulgaria

Troubled cryptocurrency lender Nexo is facing more pressure from regulators as its offices have been reportedly raided as part of an international investigation.

10.01 / 08:47

defi regulation Decentralization Money laundering Sanctions couldn't 'pull the plug' on Tornado Cash: Chainalysis

Sanctions aimed at decentralized crypto mixer Tornado Cash weren’t able to completely cut off its usage, though it has hamstrung the service, a blockchain analytics firm has shared.

02.12 / 17:07

UPS Citizens Bitcoin Sanctions Increase Crypto Risks for Russians, Warns Central Bank

The Russian Central Bank has warned that citizens should stay away from crypto, with “risks” on the rise due to “sanctions from unfriendly countries.” And it has followed up with yet another call for a blanket ban on tokens such as bitcoin (BTC).

23.11 / 12:53

regulation Central Bank sanctions Bitcoin Central banks can use Bitcoin to fight off sanctions: Harvard research

A research paper published at Harvard university highlighted how central banks can use Bitcoin (BTC) to hedge against financial sanctions from fiat reserve issuers.

22.11 / 16:07

UPS U.S. Presses Allies to Tighten Up Sanctions Enforcement on Russia

WASHINGTON—U.S. officials are jetting around the globe in a quiet diplomatic push to get Russia’s major trading partners to enforce sanctions and trade controls, as exports to the country pick up after diving in the weeks following Moscow’s invasion of Ukraine.

what's happening in city Sanction

What is the current situation in city Sanction?

In city Sanction, the spotlight is on local government initiatives that affect the region’s daily life.

Where can I find reliable news about city Sanction?

We publish reliable reports about the situation in city Sanction, based on information from regional journalists.

What shapes the media agenda in city Sanction?

The news landscape of city Sanction is shaped by key decisions by local authorities, reflecting its unique context.