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Russia’s foreign trade is defying Western sanctions, with rising imports, resilient transaction systems, and projected economic growth outpacing stagnating Western economies. Western Sanctions Meet Resistance as Russia’s Trade Surges Russian Finance Minister Anton Siluanov has claimed that Western sanctions will not hinder Russia’s foreign trade. Speaking in an interview with Nailya Asker-Zade on the Rossiya-24 … Read more
A U.S. senator has proposed selling gold reserves to create a strategic bitcoin reserve, a revolutionary move to bolster the dollar and tackle U.S. national debt. Selling Gold for Bitcoin: US Senator’s Game-Changing Proposal U.S. Senator Cynthia Lummis (R-WY) shared insights during a Thursday interview with CNBC as bitcoin reached a historic peak. She attributed … Read more
A new study reveals that the United States leads in both scam and failed crypto projects. US Leads in Crypto Scams, Study Finds According to a study examining more than 1,500 crypto projects, U.S. founders account for 43.4% of all identified scam crypto projects in 2024. Between January and October, the country’s share of total … Read more
India’s expanding payment ties with nations like UAE and Sri Lanka highlight a push for seamless transactions, paired with cautious central bank digital currency (CBDC) advancements. India’s Growing Regional Payment Ties Signal a New Financial Era India is broadening its payment linkages with several nations, including Sri Lanka and the United Arab Emirates (UAE), as … Read more
Donald Trump’s administration is reportedly considering a “crypto czar” role to oversee crypto policy, signaling sweeping changes in U.S. cryptocurrency regulation and innovation strategy. Crypto Czar Role Looms as Trump White House Eyes Bold Policy Overhaul President-elect Donald Trump’s incoming administration is reportedly considering a new White House role focused solely on cryptocurrency policy, according … Read more
A young trader pulled off a pump-and-dump scheme on the coin called QUANT token, but the crypto community countered by rallying the token’s price. Trader Live Streams Token Dump A pump-and-dump coin created by an unidentified young trader saw its market capitalization continue to surge hours after he dumped his holdings on unsuspecting users. Although … Read more
A crypto mining firm faces a $14 million penalty after admitting to a $2.5 million bribery scheme to secure a Japanese casino contract, which ultimately failed. A Mining Empire’s Downfall: Bribery Scandal Leads to Global Fallout The U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC) have taken major actions against … Read more
A U.S. Space Force major aims to shape defense policy by advocating a national bitcoin reserve and highlighting proof-of-work technology’s role in strategic security. Jason Lowery Pushes for Bitcoin Strategy Role in National Security Council Jason Lowery, a major in the U.S. Space Force and a prominent advocate for bitcoin’s role in defense strategies, has … Read more
Crypto advocate Howard Lutnick’s nomination as Commerce Secretary by Trump could revolutionize U.S. cryptocurrency policy. Wall Street Leader Howard Lutnick Tapped as Commerce Secretary, Backing Crypto Growth President-elect Donald Trump has announced the nomination of Howard Lutnick, CEO of Wall Street giant Cantor Fitzgerald, as the next Secretary of Commerce. Lutnick, a seasoned financial executive, … Read more
A Russian ransomware kingpin extradited from South Korea to the U.S. faces charges for orchestrating the $16 million Phobos malware targeting global critical infrastructure. Justice Catches Up: The Fall of a Ransomware Kingpin The U.S. Department of Justice (DOJ) announced Monday that Evgenii Ptitsyn, a 42-year-old Russian national, has been extradited from South Korea to … Read more
