Author: Steven Sahiounie

The major crypto exchange Binance has seen a whopping $2.2 billion in outflows after news broke that it has been sued in the US by the Commodity Futures Trading Commission (CFTC). The lawsuit, which alleged that Binance offers “unregistered securities” to retail users in the US, was announced by the CFTC on Monday this week, and Binance customers have taken notice. Citing data from Ethereum tracking platform Nansen, the Wall Street Journal this week said as much as $2.1 billion of net outflows have been seen on Ethereum alone over the past seven days. The trend is not exclusive to…

Bitcoin, the world’s leading cryptocurrency, has recently experienced strong performance, surging over 4% in just a few hours. Moreover, the performance of other digital currencies, like Ethereum, has also gained momentum. This indicates that the cryptocurrency market is growing in popularity and could continue to appreciate in value. Even though the government has implemented stringent regulations on digital currencies, the cryptocurrency market continues to thrive.  Bitcoin, the most highly valued digital currency, is increasing in value, and numerous other forms of digital currency are emerging. US GDP Figures in Highlights In the world of cryptocurrencies, the prices of Bitcoin (BTC)…

The central Bank of Japan (BoJ) has stated that regulated stablecoins and a forthcoming central bank digital currency (CBDC) can coexist – and has given the clearest signal so far that Japan will launch a digital yen. The Japanese media outlet CoinPost reported that BoJ Governor Haruhiko Kuroda spoke about the matters at a fintech forum this week. Kuroda hinted that certain stablecoins could co-exist with a digital JPY in the Japanese economy and spoke of such stablecoins’ potential to carry out “conventional payment functions.” He also talked up their potential use in the settlement space. Mitsubishi UFJ Financial Group’s trust and banking arm…

On Monday, the UN Security Council did not support a resolution by Russia and China on an international investigation into the sabotage at the Nord Stream pipelines Russia is going to demand reports from the countries conducting national investigations into the sabotage at Nord Stream pipelines, Russian Foreign Ministry spokeswoman Maria Zakharova told a briefing on Thursday. “We will continue to raise this topic, which is inconvenient for the West. We will continue to return to it and make these countries return to it, demanding a report on national investigations,” she said. “To avoid the repetition of such attacks in…

At a moment of increased violence in the occupied Palestinian territory, with the new Israeli government threatening even further annexation, the international community must take firm action to protect the human rights and dignity of Palestinians, today said Francesca Albanese, the UN Special Rapporteur on the human rights situation in the Occupied Palestinian Territory. “The wave of deadly violence sweeping through the occupied West Bank since the beginning of this year is the inexorable consequence of an acquisitive and repressive occupation with no end in sight, and the culture of lawlessness and impunity Israel has nurtured and enjoyed,” said Albanese.…

The Russian foreign minister reiterated that education in the Russian language, the use of the language even in everyday life was banned in Ukraine, not to mention the closure of mass media outlets Western countries are direct participants in the war against Russia, Foreign Minister Sergey Lavrov said in an interview with Cuba’s Prensa Latina news agency. “We can no longer tolerate the policy of the West, which once again decided to choose the Nazi theory and practice in order to declare this time a hybrid war against the Russian Federation. It is being waged by the hands of the…

“The Israeli terrorist aggression that targeted some points in the vicinity of Damascus city this morning is nothing but a continuation of the fascist method of the Israeli entity towards the peoples and countries of the region”, Foreign and Expatriates Ministry affirmed Thursday. This hostile act is an attempt by this entity to escape from the internal dislocation witnessed there.” the ministry added on its account on Twitter. “The region cannot be at peace and stability unless putting an end to the Israeli occupation and its repeated attacks”, the ministry reiterated. On Thursday dawn, two soldiers were wounded and material…

Foreign and Expatriates Minister, Dr. Fayssal Mikdad, discussed in a phone call with Minister of Foreign Affairs of the Republic of Sudan, Ali Al-Sadiq Ali, the bilateral relations between the two brotherly countries and means to boost them. Minister Mikdad stressed Syria’s aspiration to work closely with the brothers in Sudan to overcome all the challenges facing joint Arab action, highlighting Sudan’s important role on the Arab and African arenas. He underlined Syria’s keenness to deepen its relations with brotherly Sudan in various fields. In turn, the Sudanese minister affirmed that relations with Syria are good and deep-rooted. He expressed…

Moscow stockpiled gold, yuan and foreign currency in cash to offset Western sanctions, the regulator has revealed The Bank of Russia had been preparing for an escalation of Western sanctions since 2014 and was beefing up additional funds as a hedge against future restrictions on its foreign exchange reserves, the regulator revealed on Wednesday. Amid “increasing geopolitical risks” the central bank ramped up investments in assets “that cannot be blocked by unfriendly nations” and transferred part of its reserves to gold, Chinese yuan and foreign currency in cash, the regulator announced in its annual report. The central bank managed to stash billions of…

Russian air defenses have intercepted a Ukraine Grom-2 tactical ballistic missile for the first time, the Russian Ministry of Defense announced on March 30. “During the day, one Grom-2 operational-tactical missile, three HIMARS multiple rocket launchers were intercepted, and two Ukrainian unmanned aerial vehicles were destroyed in the areas of the settlements of Novoandeyevka and Zelyony Gai of the Donetsk People’s Republic,” the ministry said in a statement. The incident marks the first time Russia has confirmed the use of the Grom-2, which is not known to be in service with Kiev forces, since the start of the special military…