EU Bleeds €1.5 Trillion Under Anti-Russian Sanctions, Report
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EU Bleeds €1.5 Trillion Under Anti-Russian Sanctions, Report

Russian Deputy Foreign Minister Alexander Grushko has claimed that the European Union has suffered financial losses exceeding €1.5 trillion (approximately $1.58 trillion) due to sanctions imposed on Russia. Speaking in Moscow, Grushko described these sanctions as a “self-destructive” policy, criticizing the EU for making what he termed a costly political decision. He highlighted that these […] Source: https://news.bitcoin.com/eu-bleeds-e1-5-trillion-under-anti-russian-sanctions-report/

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Chainlink Hits 3-Year High Amid Record Futures Open Interest

Chainlink (LINK) has surged to its highest level since January 2022, reaching $29.45 on Thursday as demand for the asset from sophisticated investors continues to rise. The decentralized oracle network posted a 20% gain over the last seven days and a 119% increase over the past month, making it one of the best-performing cryptos in recent weeks, according to CoinGecko…

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Bank of England watchdog asks firms to disclose crypto exposure

The UK’s central bank wants to monitor the stability of crypto and set future policy and has asked local firms to disclose their current and future crypto plans. Source: https://cointelegraph.com/news/bank-of-england-pra-gathers-crypto-exposure-info?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

It’s Time Social Networks Make a Comeback
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It’s Time Social Networks Make a Comeback

It’s 2009. You wake up to the sound of the whistling wind, cracking fall leaves, and a neighbor’s lawn mower in the distance. You open your blinds to rays of sunlight so radiant your skin warms. You finish your morning routine and meet the rest of your family downstairs for a home-cooked breakfast and good […] Source: https://news.bitcoin.com/its-time-social-networks-make-a-comeback/

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Trump team seek ways to slim or abolish banking regulators: WSJ

Trump’s team is asking whether the president-elect could nix financial industry regulators or combine them together, according to a Wall Street Journal report. Source: https://cointelegraph.com/news/trump-advisers-explore-slim-abolish-bank-watchdogs-wsj?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

EU Seizure of Russia’s Assets Could Erode Euro’s Reserve Status
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EU Seizure of Russia’s Assets Could Erode Euro’s Reserve Status

Seizing Russia’s frozen assets risks catastrophic fallout, including collapsing trust in global financial systems, destabilizing the euro, and sparking severe retaliatory measures. Confiscating Russia’s Assets Could Backfire Catastrophically, Euroclear Cautions EU Euroclear Ltd., the Belgian clearinghouse responsible for holding the bulk of Russia’s frozen central bank assets, has raised significant concerns about the risks and […] Source: https://news.bitcoin.com/eu-seizure-of-russias-assets-could-erode-euros-reserve-status/