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Russian Bank Run Begins as Ruble Plunges to Record Low Amid Escalating Sanctions

A bank run has started in Russia as citizens rush to withdraw cash amid escalating sanctions. The Russian ruble also nosedived to a record low, plunging more than 30%. “There…

Continue ReadingRussian Bank Run Begins as Ruble Plunges to Record Low Amid Escalating Sanctions

Data Shows Ruble-Denominated BTC Volume Rising, BTC-RUB Prices Jump as High as $46K

Amid the conflict in Ukraine with Russia, bitcoin trade volumes tied to Russian ruble pairs have surged in recent days. Metrics recorded by the crypto analytics provider Kaiko indicate that…

Continue ReadingData Shows Ruble-Denominated BTC Volume Rising, BTC-RUB Prices Jump as High as $46K

Ukraine Targets Russian Politicians’ Crypto Wallets as Russian Banks Are Cut From SWIFT

Ukraine is now trying to expose cryptocurrency wallets used by politicians in Moscow amid warnings that Russia may employ digital coins to circumvent sanctions. The initiative comes as western allies…

Continue ReadingUkraine Targets Russian Politicians’ Crypto Wallets as Russian Banks Are Cut From SWIFT

Elon Musk Hears Kyiv’s Call, Activates Starlink Service in Ukraine

Tech entrepreneur Elon Musk has announced that the Starlink satellite internet service has been enabled for Ukraine. The move comes in response to a request from the government in Kyiv…

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