Mon, November 18

Search Results for: russia

Robert Kiyosaki Predicts Bitcoin To Reach $120,000 by 2024

Robert Kiyosaki, author of the best-selling financial book “Rich Dad Poor Dad,” claims that Bitcoin will soon be worth $120,000. These estimates are in line with those made by Standard Chartered Bank, which predicts that Bitcoin will reach $50,000 this year and $120,000 by the end of 2024. Meanwhile, the

July 11, 2023 1 min read

Grant Thornton survey: Global sanctions continue to pose significant challenges for financial institutions

—76% of financial institutions are experiencing enhanced regulatory scrutiny related to sanctions —36% consider their sanctions compliance budgets to be inadequate —88% identified sanctions risk assessments as one of their top investment areas CHICAGO–(BUSINESS WIRE)–Grant Thornton LLP, one of America’s largest audit, tax and advisory firms, has released its first-ever

July 11, 2023 5 mins read

Several Celebrities to Judge NFT Competition Benefiting AIDS Research

Several celebrities will be among the judges for a forthcoming NFT collection to feature winning pieces of digital art. In order to benefit The Foundation for AIDS Research (amfAR). These include models Kendall Jenner and Kate Moss, musician J Balvin, artist Jeff Koons, and director Baz Luhrmann to name a

June 27, 2023 2 mins read

Wagner Rebellion Triggers Surge in Ruble-Tether Trading Volume Amidst Political Turmoil

The paramilitary group Wagner rebelled against the military leadership in Moscow, resulting in the Russians exchanging their rubles, Russia’s currency, with the dollar-pegged cryptocurrency this weekend. This results in a total volume of trades between rubles, and the stablecoin Tether (USDT) has surged from $4 million on Saturday to $15

June 27, 2023 3 mins read

Turkey Raises Interest Rate by Whopping 15% To Combat Inflation

Turkey’s central bank delivered a significant interest rate rise on Thursday, signaling a turn towards more traditional economic strategies to tackle sky-high inflation. The bank’s benchmark interest rate was increased by 6.5 basis points, to 15%. The first hike since March 2021, represents a leap from the current 8.5% but

June 22, 2023 1 min read

CertiK Receives $500k Reward by SUI Network for Finding Vulnerability

CertiK, a blockchain security company, was awarded a $500,000 prize by the Sui network for reporting a problem that may have affected the whole layer-1 blockchain. The CertiK team, in a statement, said that the “HamsterWheel” vulnerability was unique in comparison to other assaults that have shut down blockchains by

June 20, 2023 1 min read

European Investment Bank’s Website Down Following Cyberattack

The European Investment Bank (EIB), the world’s largest multilateral lender, has been the target of a cyberattack. Russian hackers are expected to be the suspects who threaten to bring down the Western financial system days later. Moreover, earlier today, the pro-Russian Killnet hackers claimed on their telegram that they had

June 20, 2023 3 mins read

BRICS Application by Bangladesh: Major Global Economic Shifts

Bangladesh has submitted a formal application to join the BRICS alliance, which has Brazil, Russia, India, China, and South Africa in hand. The application follows a meeting between Prime Minister Sheikh Hasina and South African President Matamela Cyril Ramaphosa in Geneva. This development carries significant implications for the global economic

June 19, 2023 2 mins read