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Crypto Industry on Defensive as Ukraine Crisis Spotlights Russia Sanctions Compliance
Date: March 10, 2022
By Hannah Lang (Reuters) – Cryptocurrency evangelists are on the defensive amid warnings from U.S. and European lawmakers that digital asset companies are not up to the task of complying with Western sanctions imposed on Russia following the country’s invasion of Ukraine. The criticism has seen the crypto industry scrambling to regain control of the...
Perry Smith Appointed as Head of VeraEsports
Date: March 8, 2022
London, UK March 8th, 2022 – Verasity, a protocol and product layer blockchain platform for Esports and digital content, is pleased to announce that Perry Smith has been appointed as Head of VeraEsports—a competitive Esports and video streaming platform. Formerly Chief Operating Officer at Esports creative marketing agency, Hotdrop, Perry has a decade of experience...
Coinbase, Binance Resist Calls to Kick Russians Off Crypto Platforms
Date: March 4, 2022
By Niket Nishant (Reuters) -Two of the world’s biggest cryptocurrency exchanges, Coinbase Global Inc and Binance, rejected calls on Friday for a blanket ban on all Russian users to stop their platforms from being used as a way round Western sanctions. By staying put in Russia despite the invasion of Ukraine, the two exchanges are...
Switzerland Adopts New EU Sanctions on Russia
Date: March 4, 2022
ZURICH (Reuters) – The Swiss government on Friday widened sanctions against Russia in step with further measures imposed by the European Union, tightening exports and financial services to the country over the biggest attack on a European state since World War Two. In a sharp deviation from its traditional neutrality, Switzerland moved on Monday to...
The Impact of Meme Stocks, How GameStop Changed the Game and Why Short-Term Spikes Aren’t Always Ideal
Date: March 3, 2022
A lot happened in 2021, but one of the more notable was the GameStop share pump. The result of a Reddit board titled WallStreetBets, the pump saw an otherwise innocuous, so-called meme stock soar to a value beyond anything it had previously achieved. The aim way to disrupt those with short positions. The short squeeze started in...
Cryptoverse: Bitcoin Gains Conflict Currency Credentials
Date: March 1, 2022
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Bitcoin has leapt since Russia’s invasion of Ukraine, bolstered by people in those countries looking to store and move money in anonymous and decentralised crypto. Bitcoin trading denominated in the Russian rouble went into overdrive when the invasion began on Thursday, with daily volumes rising 259%...