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“#Russian cyber attacks against US banks increasing” Russia appears to have officially declared cyberwar on the US, taking what’s been described as preliminary steps at crippling its banking system and possibly other major industries, the Post has learned. The Biden Administration has been working with bank executives for months about preparing for cyberattacks in as…
“# Trudeau revokes emergencies act powers but the case for crypto grows ” Prime Minister of Canada Justin Trudeau has announced he will repeal emergency powers used to freeze $8 million from 210 bank accounts connected to Canadian ‘Freedom Convoy’ protestors, according to CBC news. On Feb. 24, Trudeau stated in a televised press conference…
“# ‘Deep bullishness’ for crypto: Analyst comments on Deutsche Bank report ” As an unlikely but welcome source of hope during crypto market jitters, Deutsche Bank’s report, the “Future of Cryptocurrencies,” sheds light on potentially bullish cryptocurrency activity. A survey critical to the report suggests that neither traders nor investors are likely to part with…
“# Credit Suisse data leak reveals decades of shady clients and activity ” Leaked data shows that until recently, Swiss bank Credit Suisse held accounts valued at more than $100 billion for sanctioned individuals and heads of state reportedly accused of money laundering. The New York Times reported on Feb. 20 that the data leak included…
“# Future of finance: US banks partner with crypto custodians ” Grayscale Investments’ latest report “Reimagining the Future of Finance” defines the digital economy as “the intersection of technology and finance that’s increasingly defined by digital spaces, experiences, and transactions.” With this in mind, it shouldn’t come as a surprise that many financial institutions have…
“# Bitcoin at the barricades: Ottawa, Ukraine and beyond ” Protesting anti-vax truckers blockading downtown Ottawa, Canada had their fund-raising platform shut down because their host fears the “promotion of violence.” The protesters move to a Bitcoin crowdsourcing funding service. It quickly raised $900,000. Russian troops gather on Ukraine’s borders. Ukrainian NGOs and volunteer groups…
“# Binance exec to lead crypto expert center by Russian bank association ” Amid Binance halting its services in countries like Israel over licensing matters, the world’s largest cryptocurrency exchange by trading volume continues strengthening relations with Russia. Binance announced Thursday its entry into the Association of Banks of Russia, aiming to facilitate dialogue with…
“#Former exec Tim Leissner says Goldman Sachs bankers knew of Jho Low’s 1MDB ties” Top bankers at Goldman Sachs knew that Malaysian businessman Jho Low was involved in deals related to the 1MDB sovereign wealth fund that was robbed of billions of dollars, former Goldman executive Tim Leissner claimed under oath. Leissner took the stand…
“#NYSE, large US banks to drop mask mandate” The New York Stock Exchange is withdrawing its mask mandate for fully vaccinated people effective immediately, a source said on Friday, after several large U.S. banks also dropped their mask requirements at their U.S. offices. The NYSE, which is owned by Intercontinental Exchange Inc (ICE.N), is now making…
“# US Federal deposit insurer lists “crypto-asset risks” among its top priorities for the year ” Martin J. Gruenberg, the acting chairman of the Federal Deposit Insurance Corporation, or FDIC, named “crypto-assets” among the agency’s key priorities in 2022, alongside addressing financial risks associated with climate change and promoting amendments to major federal statutes relevant…