Russia Financial News

04.03 / 16:35

business Binance coinbase How crypto execs react to economic sanctions against Russia?

As the West and America tighten their economic sanctions on Russia, concerns have emerged about how this will affect the cryptocurrency market.

04.03 / 16:35

european equities Investors pull record $6.7bn from European equities and pile into gold on Ukraine jitters

Spooked investors pulled a record amount from European equities and financial stocks over the past week, as Russia's invasion of Ukraine prompted savers to opt for cash as a safe haven.

04.03 / 16:29

MARKET Gold Ukraine war Bitcoin debate Bitcoin vs Gold Debate Continues as Both Assets Rise Following Ukraine War

The never-ending debate around bitcoin (BTC) versus gold is once again in the spotlight, as both assets have risen after the onset of the Ukraine war -- and bitcoin’s properties as censorship-resistant money has come back into focus.

04.03 / 16:23

BLOCK Digital Platform Kraken Crypto remains divisive amid Russia's invasion of Ukraine

Calls to clampdown on exchanges operating in Russia are contrasted with those who laud crypto as a means to provide Ukrainians with an alternate form of currency and fast access to financial support from across the globe. It remains to be seen whether regulators (perhaps especially those in the US) will feel sufficiently vindicated in their long-standing opposition to cryptocurrency given its ability to funnel funds into the hands of bad actors, to push back further on allowing crypto in the market in any mainstream way.

04.03 / 15:43

cryptocurrency Terra Luna Terra crypto volatility Terra Luna Doubles In Past One Month, Despite Increasing Crypto Volatility

Terra Luna doubles in the past one month, despite increasing crypto volatility.

04.03 / 14:39

BlackRock index BlackRock halts purchase of Russian equities across active and index funds

BlackRock, the world's largest asset manager, said it stopped trading Russian securities across its funds earlier this week.

04.03 / 14:11

Ethereum Tether TRON Bitcoin crypto donations Ukraine Crypto Donations Exceed USD 63M

In a robust sign of support to Ukraine amid the country’s invasion by Russia, the global crypto industry has donated in excess of USD 63.25m as of today, with donations made in bitcoin (BTC), ethereum (ETH), and a number of other cryptos.

04.03 / 12:55

Binance coinbase Kraken Russian Oligarchs Unlikely to Use Crypto to Dodge Sanctions - Coinbase CEO

The heads of some of the world’s biggest centralized crypto exchanges (CEXes) have hit back against critics who claim crypto could be used by Russian oligarchs attempting to evade Western sanctions. However, the exchanges will abide by the law in case there's a ban on all Russian users.

04.03 / 12:55

cryptocurrency NVIDIA Ransomware Hackers who stole data from Nvidia's servers want the company to remove Lite Hash Rate from their GPUs

A group called Lapsus$ had managed to breach Nvidia's security to make off with up to 1 TB of official data from the servers. This included firmware, source code for drivers and design schematics.

04.03 / 12:49

Digital us sanctions Ex-US Treasury adviser tells crypto firms Russia will attempt to evade US sanctions

A former US Treasury official told the global cryptocurrency industry to get its compliance house in order to stop Russia dodging sanctions through digital assets.

04.03 / 12:02

Ethereum Twitter Fighting Bitcoin Ukraine Cancells Crypto Airdrop Program, Instead Embraces NFTs Plan

Ukraine's government announced on Thursday that it cancelled its plan of a crypto airdrop for receiving donations towards its fight against last week's Russian invasion. The authorities have instead stated that they will sell non-fungible tokens (NFTs) to raise funds to support its armed forces.

04.03 / 10:59

Reactor hit but radiation levels 'normal' as Russia attacks nuclear plant

A fire at a nuclear power station in Ukraine, the largest in Europe, is now out after overnight shelling by Russian forces.

04.03 / 10:45

UPS Ukraine war risks inflation spike, Fed’s Powell warns

Federal Reserve chairman Jerome Powell said that Russia’s invasion of Ukraine was likely to push up inflation, a setback to central bank expectations that price pressures would diminish in the coming months.

04.03 / 09:47

Export Controls Against Russia Add to Uncertainty for Business

Restrictions on technology sales that the U.S. and its allies are clamping on Russia are adding to the uncertain climate for businesses, though how hard the export controls hit the Russian economy, trade specialists said, will depend on enforcement.

04.03 / 09:47

Powell Says Fed Is on Track to Raise Rates in Two Weeks

Federal Reserve Chairman Jerome Powell said he would propose a quarter-percentage point rate increase at the central bank’s meeting in two weeks amid high inflation, strong economic demand and a tight labor market, offering an unusually explicit preview of anticipated policy action.

04.03 / 08:17

Bitcoin news Bitcoin Bitcoin now has higher market cap than Russian currency

Bitcoin on Wednesday soared to $44,000, pushing the total cryptocurrency market cap to cross $2 trillion. With the recent gains, Bitcoin now has a higher market cap than the rapidly-declining Russian currency ruble. Bitcoin has a market cap of approximately $835 billion while the ruble has a market cap of around $626 billion.

04.03 / 08:01

Bank of England official warns of market correction risk amid Russia-Ukraine conflict

A senior Bank of England official said that a market correction could be on the cards in the wake of escalating conflict in Ukraine.

04.03 / 06:51

cryptocurrency Bitcoin Crash Bitcoin Cryptocurrency Prices Today: Bitcoin, Ethereum decline as Russia-Ukraine war intensifies

The global cryptocurrency market capitalisation fell 5.21 percent over the last 24 hours to $1.83 trillion while trading volumes declined 10.69 percent to $85.22 billion during the period.

04.03 / 06:47

Adoption economics Bitcoin Russian crypto volume across major exchanges plunges by 50%

Data from blockchain-analysis firms show that Russian denominated crypto purchasing and trading on major exchanges have faltered, debunking theories that the country will pivot to digital assets to circumvent sanctions.

04.03 / 06:31

UPS Lowe's Dash Chainlink, MATIC and TRX Price Analysis: 03 February

As the market tried to recover amidst Russia’s escalating tensions, the likes of Chainlink and MATIC projected growth patterns. However, TRX seemed more inclined towards the bears.

04.03 / 04:27

us government debate Updates OpenSea updates banned countries list sparking decentralization debate

U.S.-based NFT marketplace OpenSea has reportedly begun barring Iranian users from its platform, sparking outrage from NFT collectors and raising fresh debate about decentralization in the crypto space.

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