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Showing posts from March, 2022

SEC Names Crypto an Exam Priority This Year

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https://krakow3d.com/wp-content/uploads/2022/04/sec-names-crypto-an-exam-priority-this-year.jpg The Securities and Exchange Commission (SEC) has listed crypto assets as an examination priority for market participants this year. “In this time of heightened market volatility, our priorities are tailored to focus on emerging issues, such as crypto assets,” said an official with the SEC Division of Examinations. Crypto Assets Among SEC Examination Priorities The Securities and Exchange Commission’s Division of Examinations published its annual examination priorities Wednesday. Crypto is among the top priorities highlighted in the report this year. The Division of Examinations conducts the SEC’s National Exam Program, its website details, adding that its “mission is to protect investors, ensure market integrity and support responsible capital formation through risk-focused strategies.” SEC Chairman Gary Gensler explained that the examination priorities identify key risk areas that the SEC

Russia's Putin says gas payments will have to be made in rubles

http://img.youtube.com/vi/8ITvMN3PK_k/0.jpg https://www.youtube.com/watch?v=8ITvMN3PK_k Russian President Vladimir Putin says payments for natural gas will need to made in rubles. CNBC's 'Squawk on the Street' team reports. Origina post from https://krakow3d.com/videos/russias-putin-says-gas-payments-will-have-to-be-made-in-rubles.html

‘No Plan to Issue CBDC’ — Bank of Japan Governor

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https://krakow3d.com/wp-content/uploads/2022/03/no-plan-to-issue-cbdc-bank-of-japan-governor.jpg Haruhiko Kuroda, the governor of the Bank of Japan (BOJ), has said the bank is currently not planning to launch a digital currency. The remarks come just a few days after the BOJ announced the commencement of the second phase of central bank digital currency experiments. Role of CBDC in People’s Lives The governor of the BOJ, Haruhiko Kuroda, recently disclosed the central bank’s stance on issuing a digital currency has not changed — it will not issue a central bank digital currency (CBDC). The governor, however, insisted the BOJ will still continue “to carefully consider the expected roles of central bank money” in people’s lives today and in the future. In remarks made while delivering a speech at a Fintech Summit in Japan, Kuroda explained why the central bank is not rushing to launch a CBDC. He said: We consider it important to prepare thoroughly to respond to changes in circumstances

Gumi Cryptos Reveals $110 Million Fund Targeting Early-Stage Blockchain Startups

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https://krakow3d.com/wp-content/uploads/2022/03/gumi-cryptos-reveals-110-million-fund-targeting-early-stage-blockchain-startups.jpg On March 30, Gumi Cryptos Capital (GCC), announced the blockchain-focused venture capital firm’s second fund that will invest $110 million in early-stage blockchain startups. The second fund follows GCC’s initial $21 million fund that backed seed stage founders. Gumi Cryptos Capital Reveals Fund II — Firm Will Invest $110 Million Into early-Stage Blockchain Startups The blockchain-focused venture capital firm Gumi Cryptos Capital (GCC) has announced the launch of a $100 million fund that will be focused on blockchain concepts like decentralized finance (defi), game finance (gamefi), Web3, and other types of ideas being created by early-stage blockchain startups. In a statement sent to krakow3d.com News, GCC’s managing partner Rui Zhang said: “Think of us as blockchain’s experienced, high-conviction, high trust, hands-on value adding, long time preference,

Fintech Platform Nequi Plans to Get Into the Cryptocurrency Business in Colombia

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https://krakow3d.com/wp-content/uploads/2022/03/fintech-platform-nequi-plans-to-get-into-the-cryptocurrency-business-in-colombia.jpg Nequi, a fintech neobank which allowed Colombian citizens to test all-digital financial services, has announced its plans for expansion after having parted ways with Bancolombia, the bank that gave it its origin. These plans include an entry into the cryptocurrency world while complying with the limits set by current regulators. Colombian Nequi to Enter Crypto Market More and more neobanks are considering including cryptocurrencies in their service offerings. This is the case with Nequi, a fintech platform that is reportedly considering making an entrance into the crypto sector in Colombia. The platform, which has more than ten million customers, is now in talks to become an independent company and platform, separating itself from Bancolombia. The announcement was made by Nequi’s CEO, Cipriano Lopez, in a webinar with Credicorp Capital, a holding company

I do not see Russia getting out of sanctions anytime soon, says RBC Capital's Helima Croft

http://img.youtube.com/vi/839hmMzRu1A/0.jpg https://www.youtube.com/watch?v=839hmMzRu1A Helima Croft, head of global commodity strategy at RBC Capital Markets, joins CNBC's 'Squawk Box' to break down oil prices amid Russia's invasion of Ukraine. Origina post from https://krakow3d.com/videos/i-do-not-see-russia-getting-out-of-sanctions-anytime-soon-says-rbc-capitals-helima-croft.html

Russian Ministry of Energy Calls for Urgent Legalization of Crypto Mining   

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https://krakow3d.com/wp-content/uploads/2022/03/russian-ministry-of-energy-calls-for-urgent-legalization-of-crypto-mining.jpg The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quotas for crypto farms instead of regulating their business at the federal level. Russian Official Proposes Regional Energy Quotas for Crypto Miners Cryptocurrency mining needs to be regulated soon, Evgeniy Grabchak insisted during Russia’s first national conference of legal bitcoin miners, held recently in Irkutsk . The Siberian oblast, where electricity rates start at just $0.01 per kWh, has been dubbed “the mining capital of Russia” as coin minting in the region spiked after China cracked down on the industry last May. Quoted by Tass, Grabchak elaborated: The legal vacuum makes it difficult to regulate this field and establish transparen

Nasdaq-Listed Microstrategy Obtains $205 Million Bitcoin-Backed Loan to Buy More BTC

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https://krakow3d.com/wp-content/uploads/2022/03/nasdaq-listed-microstrategy-obtains-205-million-bitcoin-backed-loan-to-buy-more-btc.jpg Nasdaq-listed Microstrategy has obtained a $205 million bitcoin-collateralized loan from Silvergate Bank through a subsidiary to buy more bitcoin. “The interest-only term loan is secured by certain bitcoin held in Macrostrategy’s collateral account.” Company to Use $205M Bitcoin-Backed Loan to Purchase Bitcoin The Nasdaq-listed pro-bitcoin software company Microstrategy announced Tuesday that one of its subsidiaries has obtained a bitcoin-backed loan to purchase additional BTC . Microstrategy CEO Michael Saylor tweeted Tuesday: Macrostrategy, a subsidiary of Microstrategy, has closed a $205 million bitcoin-collateralized loan with Silvergate Bank to purchase bitcoin. Silvergate Bank “has issued a $205 million term loan under its Silvergate Exchange Network (SEN) Leverage program to Macrostrategy LLC,” Microstrategy detailed. “The interest-only term loa

Axie Infinity Loses $620 Million After Hacker Compromised Ronin Validators

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https://krakow3d.com/wp-content/uploads/2022/03/axie-infinity-loses-620-million-after-hacker-compromised-ronin-validators.jpg According to Sky Mavis, the creators of the blockchain NFT game Axie Infinity, the Ronin network has been attacked, and a hacker has managed to siphon 173,600 in ethereum and 25.5 million usd coin (USDC). The attacker has obtained roughly $620 million worth of crypto assets, and the Ronin bridge and Katana Dex have been paused. The Largest NFT Blockchain Game Axie Infinity Suffers From a $620 Million Hack The largest non-fungible token (NFT) blockchain game, Axie Infinity , has suffered from an attack on Tuesday after the Ronin network validators were compromised. Sky Mavis, the company behind the Axie Infinity project, explained that the validators were compromised as early as March 23. The funds were drained in two transactions (transaction 1 and transaction 2 ) and Sky Mavis discovered the attack after a user complained that they could not withdraw 5,000 et

Treasury auctions $51B in 5-year notes

http://img.youtube.com/vi/RUWswCX3an0/0.jpg https://www.youtube.com/watch?v=RUWswCX3an0 Rich Santelli reports treasury auctions for 5-year notes for 'The Exchange.' For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi  » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast    Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Fol

Meta Brings Metaverse-Like 3D Ads to Facebook and Instagram

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https://krakow3d.com/wp-content/uploads/2022/03/meta-brings-metaverse-like-3d-ads-to-facebook-and-instagram.jpg Meta is bringing interactive 3D ads to Facebook and Instagram feeds, inspired by the metaverse pivot the company has begun to execute since its name change. This is possible due to a new integration in Meta’s AR (Augmented Reality) publishing library with a development from a company called Vntana. Vntana Integrates 3D Ads in Meta’s Apps Publishers will now be able to include 3D models in their ads on platforms like Facebook and Instagram, that belong to Meta. This innovation will allow any publisher to include these metaverse-inspired ads in the feeds the platforms, with users being able to interact with the objects. The innovation was presented by a company called Vntana, which acts as a service provider so other companies can include their 3D assets in social feeds. According to a press release issued by the company, Vntana has exclusive access to Meta’s AR API to integra

Crypto Fear and Greed Index Hits ‘Greed’ for the First Time in 4 Months

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https://krakow3d.com/wp-content/uploads/2022/03/crypto-fear-and-greed-index-hits-greed-for-the-first-time-in-4-months.jpg On March 28, the Crypto Fear and Greed Index has jumped back to the “greed” position for the first time in four months. The last time the index reached the current position was when bitcoin reached a high of $69K per unit last year on November 10. Crypto Index Dedicated to Emotions and Sentiments Reaches ‘Greed’ for the First Time in Months The crypto economy has surged in value during the last day jumping 5.4% in value to $2.26 trillion. The price of bitcoin (BTC) reached a high of $48,234 at roughly 3:00 p.m. (ET) on Monday afternoon. Ethereum (ETH) tapped a high of $3,431 per unit roughly around the same time frame as BTC ’s daily high. Presently, bitcoin (BTC) has a dominance of around 40.3% of the $2.26 trillion, while ethereum (ETH) commands 18.1%. For the first time since November 16, 2021, and the week that preceded that date, the Crypto Fear and Greed I

Report: Digital AUM Surged to $48.7 Billion in March, Average Weekly Flows Turn Negative

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https://krakow3d.com/wp-content/uploads/2022/03/report-digital-aum-surged-to-48-7-billion-in-march-average-weekly-flows-turn-negative.jpg The total aggregate digital assets under management (AUM) surged to $48.7 billion in March, up from the $43.9 billion that was recorded in January, the latest data from Crypto Compare has shown. In contrast, the average daily trading volumes fell by 29.6% to $259 million during this period. BTC and ETH Products Lag Behind According to the latest data from Crypto Compare (CC), the total aggregate digital assets under management (AUM) topped $48.7 billion in March 2022. This latest AUM number represents an increase of $4.8 billion, or 11.1%, from the $43.9 billion recorded in January, the data shows. In its report , Crypto Compare also noted the surge in the total aggregate AUM had coincided with a period when bitcoin and ethereum-backed products had lagged behind. The report explains: Interestingly, Bitcoin and Ethereum backed products lagged behind

Justice Thomas under pressure after wife's texts urging Meadows to overturn 2020 election

http://img.youtube.com/vi/TDVD8Oy5rpU/0.jpg https://www.youtube.com/watch?v=TDVD8Oy5rpU Democrats on Capitol Hill are calling for Supreme Court Justice Clarence Thomas to rescue himself from any Jan. 6th related case after The Washington Post obtained text messages from his wife pushing for the 2020 election to be overturned. NBC News' Sahil Kapur reports. Origina post from https://krakow3d.com/videos/justice-thomas-under-pressure-after-wifes-texts-urging-meadows-to-overturn-2020-election.html

Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider

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https://krakow3d.com/wp-content/uploads/2022/03/parliament-member-says-1-tds-will-kill-crypto-asset-class-in-india-urges-government-to-reconsider.jpg An Indian parliament member has warned that imposing a 1% tax deducted at source (TDS) on every crypto transaction will kill the nascent asset class. This tax provision is contained in Finance Bill 2022 which Lok Sabha, the lower house of India’s parliament, has passed. However, India’s finance minister insists that the TDS on crypto transactions is for tracking purposes. Parliament Member Raises Concerns Over 1% TDS on Crypto Transactions Lok Sabha, India’s lower house of parliament, passed Finance Bill 2022 Friday which includes a proposal to tax crypto income at 30% and impose a 1% tax deducted at source (TDS) on every crypto transaction. The 1% TDS will go into effect on July 1 while the 30% income tax will start levying on April 1. Parliament member Ritesh Pandey raised concerns regarding the 1% TDS on crypto transactions. He explain

NFT Sales Slid Lower This Week, Cronos NFT Volume Jumps 236% Higher, Azuki Collection Rises 

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https://krakow3d.com/wp-content/uploads/2022/03/nft-sales-slid-lower-this-week-cronos-nft-volume-jumps-236-higher-azuki-collection-rises.jpg Last week, non-fungible token sales saw an improvement after tumbling week after week in terms of sales volume. This week, NFT sales are down 2.15% from last week’s $544.6 million to this week’s $539.2 million. The top NFT collection in terms of weekly sales was the Azuki compilation of collectibles, as the project saw a 318% increase in sales during the last seven days. Weekly NFT Sales Drop 2%, Cronos and Solana NFT Sales Spike Data stemming from the non-fungible token (NFT) economy indicates that sales are down this week by 2.15%. Statistics indicate that NFT sales across 16 different blockchain networks recorded roughly $539.2 million in sales this week. Metrics from cryptoslam.io show that the blockchain Ethereum captured most of the week’s sales with $443 million settled. However, Ethereum-based NFT sales are down 7.36% this week. The bloc

European Union’s MiCA Proposal Progresses to Trilogue Stage Without Bitcoin Ban Provision

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https://krakow3d.com/wp-content/uploads/2022/03/european-unions-mica-proposal-progresses-to-trilogue-stage-without-bitcoin-ban-provision.jpg The Markets in Crypto Assets (MiCA) regulatory package passed another potential hurdle this week and is moving to the next stage of the EU’s legislative process. Proponents of a controversial text prohibiting proof-of-work (PoW) cryptocurrencies, which was recently dropped from the draft, did not take an opportunity to block the draft’s progress. EU Parliament, Commission and Council to Negotiate Over MiCA Regulations Wording proposed by members of the European Parliament (MEPs) which aimed to impose a ban on cryptocurrencies relying on PoW mining was removed from MiCA before a recent vote. In mid-March the Committee on Economic and Monetary Affairs (ECON) approved the regulations without a provision that would have effectively prohibited the offering of services for bitcoin and the like. However, the crypto community couldn’t greet the developm

U.S. airline CEOs call on Biden to end federal mask mandate on planes

http://img.youtube.com/vi/2WbAf0gT_3w/0.jpg https://www.youtube.com/watch?v=2WbAf0gT_3w "We have seen over the last year a significant decline in these incidents, but they continue to occur at too high of a rate, so we will be keeping the zero tolerance policy in place," FAA administrator Steve Dickson tells CNBC's Phil LeBeau about unruly passenger incidents on planes. Origina post from https://krakow3d.com/videos/u-s-airline-ceos-call-on-biden-to-end-federal-mask-mandate-on-planes.html

Second Largest Israeli Bank Leumi Launching Cryptocurrency Trading

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https://krakow3d.com/wp-content/uploads/2022/03/second-largest-israeli-bank-leumi-launching-cryptocurrency-trading.jpg Israel’s second-largest bank, Leumi, is launching a cryptocurrency trading service to allow customers of its digital investment platform to trade cryptocurrencies. “The service will allow Pepper Invest customers to buy, hold, and sell cryptocurrencies.” Major Israeli Bank Launching Crypto Trading Service Pepper Invest, the digital investment platform of Pepper by Leumi (TASE: LUMI), announced Friday the upcoming launch of its cryptocurrency trading service. “Pepper will be the first banking platform in Israel … to allow its customers to trade cryptocurrencies, in an attractive pricing model,” the announcement details, adding that the service will also become accessible to other Bank Leumi customers in the near future. The new service is a collaboration between Leumi Group and Paxos, a regulated U.S. blockchain infrastructure platform. The announcement adds that upon co

Creators of the Cool Cats NFT Collection Sign With Leading Talent Agency CAA

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https://krakow3d.com/wp-content/uploads/2022/03/creators-of-the-cool-cats-nft-collection-sign-with-leading-talent-agency-caa.jpg According to a report released on Friday, the creators of the non-fungible token (NFT) collection Cool Cats have signed a deal with the American talent and sports agency based in Los Angeles, CAA (Creative Artists Agency). Cool Cats is one of the top 20 NFT projects in terms of all-time sales volume, and Cool Cats follows other NFT projects like Cryptopunks, Meebits, and World of Women, that have inked deals with a talent manager or agency. Cool Cats Creators and CAA Ink Licensing Deal CAA, the talent agency business that manages numerous clients in entertainment and sports, has revealed it has signed a deal with the creators of the NFT project Cool Cats . The randomly generated NFTs on the Ethereum blockchain were created by Rob Mehew, Colin Egan, Evan Luza, and Tom Williamson in July 2021. The Cool Cats compilation consists of 9,999 randomly assembled cats

Survey: Cryptocurrency Adoption to Grow Significantly This Year in Latam

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https://krakow3d.com/wp-content/uploads/2022/03/survey-cryptocurrency-adoption-to-grow-significantly-this-year-in-latam.jpg A new cryptocurrency-related survey presented by Sherlock Communications highlights the growth that Latam countries are expected to experience this year, due to the particular traits the region has compared to other areas of the world. The results of the survey make projections that see crypto adoption growing by triple digits in some countries like Argentina and Brazil. Survey Indicates Crypto Will Thrive in Latam This Year A new survey commissioned by Sherlock Communications presents a very healthy panorama for the future of cryptocurrencies in Latin America. The report prepared by the PR company indicates that countries like Argentina and Brazil will experience big gains when it comes to cryptocurrency adoption. For example, in Argentina, the number of people buying cryptocurrencies is expected to more than triple, going from 5.55% to 18.4%, growing by 235%.

FBI documents detail plan for three people to attack Chicago mosque

http://img.youtube.com/vi/rgXFBV55OTQ/0.jpg https://www.youtube.com/watch?v=rgXFBV55OTQ Three people from different states were planning mass murders at Chicago-area synagogues and mosques, all in the name of ISIS. That's according to the FBI in newly unsealed court documents. NBC News' Tom Winters reports. Origina post from https://krakow3d.com/videos/fbi-documents-detail-plan-for-three-people-to-attack-chicago-mosque.html

Nevada Man Pleads Guilty in $722 Million Fraudulent Cryptocurrency Scheme

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https://krakow3d.com/wp-content/uploads/2022/03/nevada-man-pleads-guilty-in-722-million-fraudulent-cryptocurrency-scheme.jpg A Nevada man has admitted his role in laundering funds solicited for the Bitclub Network, a $722 million fraudulent cryptocurrency scheme. He also pleaded guilty to tax offenses. Bitclub Network Investor Pleads Guilty The U.S. Department of Justice (DOJ) announced Thursday that Gordon Brad Beckstead, a 57-year-old from Henderson, Nevada, has pleaded guilty in connection with the Bitclub Network fraud. The announcement details: A Nevada man today admitted his role in laundering funds solicited for Bitclub Network, a $722 million fraudulent cryptocurrency scheme. The DOJ explained that the Bitclub Network was a fraudulent scheme that ran from April 2014 through December 2019. Its creator and operator, Matthew Brent Goettsche, was indicted in December 2019. Silviu Catalin Balaci, Russ Albert Medlin, Jobadiah Sinclair Weeks, and Joseph Frank Abel were also indicted a

Defi Protocol Anchor to Implement ‘Semi-Dynamic Earn Rate’ Following Governance Vote

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https://krakow3d.com/wp-content/uploads/2022/03/defi-protocol-anchor-to-implement-semi-dynamic-earn-rate-following-governance-vote.jpg On Thursday, the team behind the lending protocol Anchor announced that a proposal has passed and the decentralized money market will “implement a more sustainable semi-dynamic earn rate.” Following the announcement, the value of the protocol’s native token ANC slipped roughly 2% lower during the last 24 hours. Anchor Protocol Is Changing the Application’s Earn Rate Anchor Protocol , the decentralized finance (defi) money market and lending application built on Terra, is making some changes to its earn rate. According to a recently passed governance vote , Anchor Protocol will dynamically adjust payout rates. The earn rate can increase or decrease per period to 1.5% spending on the increase and decreases in yield reserves. The Anchor governance vote’s outcome shows 14.98% voted “yes” to the proposal, while 2.4% voted “no.” Furthermore, Anchor’s official

Report: Gas Giant Exxon Is Running a Gas-to-Bitcoin Mining Pilot Program in North Dakota

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https://krakow3d.com/wp-content/uploads/2022/03/report-gas-giant-exxon-is-running-a-gas-to-bitcoin-mining-pilot-program-in-north-dakota.jpg Exxon Mobil Corporation is reportedly participating in a pilot program that leverages excess natural gas to power crypto mining machines, according to a recent report quoting people familiar with the matter. The report states that the oil giant is partnered with the firm Crusoe Energy Systems, and the pilot is purportedly taking place in North Dakota at the Bakken shale basin. Unnamed Sources Say Exxon Is Piloting a Bitcoin Mining Operation in North Dakota Using Flare Gas On March 24, Bloomberg author Naureen S Malik reported that the largest American oil and gas corporation Exxon Mobil (NYSE: XOM ) is participating in piloting a bitcoin mining project with excess gas. Malik wrote that “people familiar with the matter” told Bloomberg that they could not be named because the information is not public. However, the people who asked to not be named s

Putin is 'humiliated' over military progress in Ukraine, says former U.S. ambassador Michael McFaul

http://img.youtube.com/vi/cP3fP7V1wKI/0.jpg https://www.youtube.com/watch?v=cP3fP7V1wKI Michael McFaul, former U.S. ambassador to Russia, joins ‘The News with Shepard Smith’ to discuss the new U.S. sanctions against Russia for its ongoing war in Ukraine. Origina post from https://krakow3d.com/videos/putin-is-humiliated-over-military-progress-in-ukraine-says-former-u-s-ambassador-michael-mcfaul.html

Crypto Pyramid Busted in Russia, Losses Exceed $10 Million

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https://krakow3d.com/wp-content/uploads/2022/03/crypto-pyramid-busted-in-russia-losses-exceed-10-million.jpg Russian law enforcement agencies have gone after the organizers of a large crypto pyramid which has been promising extraordinarily high returns. The Ponzi scheme is being unraveled after a similar project defrauded thousands of investors in Russia, the region, and far beyond. Police Find Crypto Pyramid Organizers in Dagestan, Russia Officers from the Federal Security Service (FSB) and the Ministry of Internal Affairs in the Russian republic of Dagestan have identified persons suspected of organizing a major financial pyramid offering victims profits of up to 500% per year on their investments in digital assets. According to sources quoted by the Russian business daily Kommersant, the suspects are representatives of the Yusra Global project, Forklog reported. Besides Dagestan, the fraudulent entity had established offices in other Russian regions, Kazakhstan in Central Asia, and

Russian Law Requires Election Candidates to Disclose Their Crypto Assets

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https://krakow3d.com/wp-content/uploads/2022/03/russian-law-requires-election-candidates-to-disclose-their-crypto-assets.jpg The Russian parliament has adopted a new law obliging persons running for office to present information about their digital asset holdings. The legislation will amend a number of acts and apply to presidential and parliamentary candidates as well as government officials. Russian Politicians to Declare Their Cryptocurrency Funds Before Elections Members of the State Duma, the lower house of Russian parliament, have approved a law under which participants in elections will have to declare their crypto. It requires running candidates to share data about their spending on the acquisition of digital financial assets and digital currency, the Moskovsky Komsomolets daily reported on Wednesday. The new legislation will introduce various changes including to the laws on the election of the President of the Russian Federation, the deputies in the Duma, the members of the F

The Fed Could Take 10 Years to Get Inflation Under Control, Says Almonty Industries CEO

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https://krakow3d.com/wp-content/uploads/2022/03/the-fed-could-take-10-years-to-get-inflation-under-control-says-almonty-industries-ceo.jpg The CEO of Almonty Industries has warned that it could take the Federal Reserve 10 years to get inflation under control if they do not act now and stop spending money. “And they need to raise rates. That’s the only tool that works,” he said. Federal Reserve Could Take a Decade to Get Inflation Under Control Almonty Industries CEO Lewis Black discussed the state of the U.S. economy and inflation in an interview with Kitco News this week. Almonty is a global mining company focused on tungsten mining and exploration. Black has over 15 years of experience in the tungsten mining industry. He recently explained that one key use for tungsten is in the batteries used in electric vehicles. “Tungsten is used in anodes and cathodes in batteries, helping vehicles charge quicker,” he said. While noting that the Russia-Ukraine war is directly contributing to the

St. Bernard sheriff reports one dead after tornado rips through New Orleans

http://img.youtube.com/vi/0MYfmBdyyqc/0.jpg https://www.youtube.com/watch?v=0MYfmBdyyqc CNBC's Perry Russom reports from St. Bernard Parish in Louisiana, where. a tornado left one person dead as it ripped through New Orleans and its surrounding towns. Origina post from https://krakow3d.com/videos/st-bernard-sheriff-reports-one-dead-after-tornado-rips-through-new-orleans.html

Biggest Movers: ETC up 80% in the Last Week, as Loopring Gains 42% on Wednesday

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https://krakow3d.com/wp-content/uploads/2022/03/biggest-movers-etc-up-80-in-the-last-week-as-loopring-gains-42-on-wednesday.jpg Loopring was trading by over 42% on Wednesday, overtaking QNT as the world’s 65th largest crypto in the process. This came as ethereum classic was trading 10.30% higher on the day, taking its one week gain to over 80%. Loopring (LRC) On Wednesday, loopring (LRC) rose to its highest level in three months, a move which saw it cement itself as the world’s 65th largest cryptocurrency. Following a low of $0.8075 on Tuesday, LRC/USD rallied to an intraday high above $1.21 during hump-day. Today’s move came as LRC has consolidated for the last few months, moving between support of $0.6222 and resistance of $0.8889. However, prices finally broke out of this range today, coming after bulls piled on the pressure, once the floor in the 14-day RSI of 51.16 failed to break. Looking at the chart, price strength then rose to a high above 71, which is the most overbought it