EU slashes 10% of Russian imports with new sweeping sanctions

EU slashes 10% of Russian imports with new sweeping sanctions

EU bans Russian coal in first hit to energy imports Existing coal contracts must be terminated by start of August EU also bans imports of Russian chemicals, vodka, caviar Exports of technology, jet fuel to Russia banned More oligarchs, Putin’s daughters face asset freezes April 8 (Reuters) – The European Union on Friday formally adopted … Read more

Crypto and gaming collide in high-risk ‘play-to-earn’ economies

Crypto and gaming collide in high-risk ‘play-to-earn’ economies

April 8 (Reuters) – Jarindr Thitadilaka says he made as much as $2,000 a month last year from his collection of digital pets, which he would breed and send into battle to win cryptocurrencies. The 28-year-old from Bangkok was playing Axie Infinity, one of a new breed of blockchain-based online games, dubbed “play-to-earn”, which blend … Read more

In Istanbul and Dubai, Russians pile into property to shelter from sanctions

In Istanbul and Dubai, Russians pile into property to shelter from sanctions

Some buying for investment, others seek a home Both UAE and Turkey maintain flights to Russia Some Russians may have prepared ahead of invasion ISTANBUL/DUBAI, March 28 (Reuters) – Wealthy Russians are pouring money into real estate in Turkey and the United Arab Emirates, seeking a financial haven in the wake of Moscow’s invasion of … Read more

Cryptoverse: Bitcoin’s scared of commitment, Mr Biden

Cryptoverse: Bitcoin’s scared of commitment, Mr Biden

March 15 (Reuters) – Bitcoin loves flirting with the mainstream. But now, as the US president says he wants to get serious, he may be getting cold crypto feet. When Joe Biden ordered officials to prepare reports on the role of cryptocurrencies in future finance last Wednesday, bitcoin leapt as much as 9% and ether … Read more

Investors turn to crypto funds, companies as Russia-Ukraine crisis escalates

Investors turn to crypto funds, companies as Russia-Ukraine crisis escalates

NEW YORK, March 14 (Reuters) – Global investors are scooping up stakes in cryptocurrency funds and companies, as they seek exposure to a sector many believe could withstand the fallout from the Russia-Ukraine conflict. Research firm Fundstrat, in its latest note to clients, said venture capital (VC) buyers invested around $4 billion in the crypto … Read more

Cryptoverse: Bitcoin gains conflict currency credentials

Cryptoverse: Bitcoin gains conflict currency credentials

A Bitcoin sign is seen in a window in Toronto, May 8, 2014. REUTERS/Mark Blinch Register now for FREE unlimited access to Reuters.com Register March 1 (Reuters) – Bitcoin has leapt since Russia’s invasion of Ukraine, bolstered by people in those countries looking to store and move money in anonymous and decentralized crypto. Bitcoin trading … Read more

NFT marketplace shuts, citing ‘rampant’ fakes, plagiarism problem

NFT marketplace shuts, citing ‘rampant’ fakes, plagiarism problem

LONDON, Feb 11 (Reuters) – The platform which sold an NFT of Jack Dorsey’s first tweet for $2.9 million has halted transactions because people were selling tokens of content that did not belong to them, its founder said, calling this a “fundamental problem” in the fast-growing digital assets market. Sales of NFTs, or non-fungible tokens, … Read more

Tesla receives subpoena from SEC over 2018 settlement

Tesla receives subpoena from SEC over 2018 settlement

Feb 7 (Reuters) – Tesla Inc (TSLA.O) said on Monday it received a subpoena from the US securities regulator in November related to the SEC settlement that required top boss Elon Musk’s tweets on material information to be vetted. The disclosure in an annual filing with the US Securities and Exchange Commission comes after Musk … Read more