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Money

Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,700 as ‘Merge’ Date Confirmed

Bitcoin.com | Aug 25, 2022 at 3:07 PM

Ethereum was back above $1,700 in Thursday’s session, as the date for the long-awaited “Merge” was finally confirmed.

Over 300m Hr. in Seized Funds from Ex-President’s Son Transferred to Ukrainian Army

Kyiv Post | Aug 25, 2022 at 2:44 PM

Funds worth 304 million Hryvnia (over $8 million) seized from the son of ex-president Viktor Yanukovych have been transferred to the Armed Forces of Ukraine.

Citigroup to wind down Russian consumer and commercial operations

Financial Times | Aug 25, 2022 at 2:04 PM

…under sanctions after president Vladimir Putin’s invasion of Ukraine. The US bank announced the exit in a statement on Thursday after spending more than…

Bank of Russia unveils decline in damage by cyber fraudsters in Q2

TASS Russian News Agency | Aug 25, 2022 at 1:51 PM

In April-June of 2022, the Bank of Russia blocked 117,600 telephone numbers.

Markets bet UK interest rates will hit 4% by May

Financial Times | Aug 25, 2022 at 1:48 PM

…Financial markets are betting the Bank of England will more than double interest rates by May next year, as concern mounts about further rises in UK inflation….

Capital Group: the slow-moving giant in dangerous waters

Financial Times | Aug 25, 2022 at 1:31 PM

…Capital also refuses to comment on investing decisions, even when they are so big that they move share prices, as happened earlier this year with the sale of €7bn of European bank stocks….

Sanctions, Disagreements Hamper Regulation of Crypto Mining in Russia, Experts Say

Bitcoin.com | Aug 25, 2022 at 1:30 PM

The changing geopolitical and economic environment, as well as persisting differences between responsible government institutions, are hindering the advance of legislation tailored to regulate cryptocurrency mining in Russia.

CCRI Finds TRON as One of the Top Eco-Friendly Blockchains

Bitcoin.com | Aug 25, 2022 at 1:00 PM

A new report by the Crypto Carbon Ratings Institute (CCRI) showcases the environmental sustainability of the TRON network.

Bank of England/rates: rising reserve costs may prompt stealth tax on banks

Financial Times | Aug 25, 2022 at 12:58 PM

…Making commercial banks less competitive would increase flows to shadow banks . That would create new risks to financial stability….

The little Ukrainian restaurant that could

Financial Times | Aug 25, 2022 at 11:11 AM

…(Despite being located on the left bank with Transnistria, Pohrebea is controlled by Moldova.) “They already know me,” Ivan says. “When I pass by them, I play the Ukrainian anthem.”…

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