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Russia to establish a national cryptocurrency exchange

November 29, 2022 -

According to local media reports, the Duma, or the lower house of the Russian government, has been in talks with market participants about changes to the country's current cryptocurrency legislation "on digital financial assets."

The central bank is the first to get a presentation of the revisions, which would establish the legal foundation for a national exchange.

Member of the Duma's Committee of Economic Policy Sergey Altuhov pointed out that no one can deny ...

Russia to resume foreign exchange purchases to boost currency reserves

May 05, 2023 -

According to Bloomberg Economics, the move aims to bolster Russia's reserves as growing energy revenues "stabilize" public finances despite the West's efforts to squeeze Kremlin's income. The media outlet estimated initial volumes amounting to an equivalent of around $200 million in yuan per month.

The Chinese currency is the main asset Russia can still use to conduct transactions for its $154 billion wealth fund because of the sanctions that cut the country off from the world's ...

Crypto exchange SUSPENDS trading of tokens for NYC and Miami

March 27, 2023 -

In a March 9 statement, crypto exchange Okcoin confirmed the suspension of trading for New York City's NYCCoin and MiamiCoin for the city of Miami. Both the mayors of the Big Apple and the Magic City backed the crypto tokens, and even touted that the digital coins benefited their respective communities.

According to Okcoin, its security team noticed "unexpectedly low liquidity levels" for both tokens in January 2023. The statement added: "Our first response was to reach ...

Govt. agency files complaint against crypto exchange Binance, alleging compliance violations

March 28, 2023 -

As reported by CNBC, the filing has the potential to disrupt the exchange's operations and may be the first move in a wider regulatory crackdown on the world's largest crypto exchange. In addition to disgorgement and other monetary penalties, the CFTC has asked the court to impose further relief, such as trading and registration bans.

According to the complaint Binance, Zhao, and Lim are alleged to have violated eight core provisions of the Commodity Exchange Act, including ...

NY Stock Exchange cancels early trades after glitch impacts 200+ stocks

January 26, 2023 -

According to the exchange's website, it "commenced continuous trading in 2,824 of 3,421 NYSE-listed securities without attempting to conduct an opening auction due to a technical issue." The snag was "determined to be a manual error involving the [NYSE's] disaster recovery configuration at the system start of the day."

Morgan Stanley, Verizon, AT&T, Nike and McDonald's were among the affected companies. Many stocks were shown to have abnormally large moves when the market ...

FTX victims sue YouTubers who promoted now-failed cryptocurrency exchange for $1 billion

March 26, 2023 -

According to reports, the plaintiffs are seeking $1 billion in damages in a class-action suit against these social media "influencers" who peddled the toxic company and its products to the unsuspecting masses.

One such influencer was former NFL quarterback Tom Brady, who appeared both online and on television hawking FTX as a solid investment tool. Brady, along with Madonna and Gwyneth Paltrow, is the subject of other similar lawsuits aimed at FTX promoters.

For ...

Crypto exchange platform Coinbase lost around 85% of its value in one year

November 23, 2022 -

Coinbase is one of the largest crypto exchanges by volume in the world, with the company's year-to-date trading volume as of early November being recorded as over $775 billion, right behind UpBit, OKX and Binance, the latter of which is the largest and is trading nearly $5 trillion in cryptocurrencies. (Related: Coinbase lays off 18% of workers as cryptocurrencies plummet in value.)

Coinbase became a publicly traded company on the Nasdaq exchange 19 months ago on April ...

Report: Crypto exchange Binance still serving Iranian clients, allowing them to trade despite sanctions

November 10, 2022 -

With over 120 million users, Binance is the world's largest platform for exchanging cryptocurrency assets with fiat money or even with physical assets like gold and silver.

The allegations against Binance have come following a review of blockchain data by New York-based blockchain researcher Chainalysis. The firm found that some $7.8 billion worth of funds, either in crypto assets or in fiat money, flowed between Binance and Nobitex, Iran's largest cryptocurrency exchange....

Deep state money supply: FTX, the collapsed crypto exchange, funded the “TOGETHER Trial” to discredit ivermectin

November 15, 2022 -

On May 16, the FTX Foundation issued a press release "proudly" announcing financial support for the "global expansion of the TOGETHER Trial," as they called it, the lead investigators of which were awarded that very same day the prestigious Trial of the Year Award from the Society for Clinical Trials (SCT) in San Diego.

"Each year the SCT presents one award for a randomized clinical trial published the previous year that best exemplifies five key criteria including ...

NATO secretary-general’s chief of staff proposes ceding Ukrainian territory to Russia in exchange for NATO membership

a month ago -

"I think that a solution could be for Ukraine to give up territory, and get NATO membership in return," Jenssen said during a panel debate on Aug. 15 in Arendal, Norway.

But Jenssen then added that the issue of Ukraine's status within the military bloc is already being discussed by NATO member nations and will be taken up and decided by Ukraine alone after its conflict with Russia ends. He noted, without naming them, that some other countries within NATO have also raised ...

Founder of bankrupt FTX crypto exchange lost billions but not before donating millions to Dems, left-wing causes

November 13, 2022 -

Sam Bankman-Fried, the founder of crypto exchange FTX, has vanquished more than $15 billion in claimed assets, but while he still had other people's money to play with, he donated millions to Democratic candidates and leftist causes, according to Fox News Digital, which reported that he "infused at least $38 million into left-wing groups during the 2022 election cycle."

Bankman-Fried was, in fact, the second-biggest donor to Democratic political action committees and ...

Slowing fuel demand stokes fears of impending RECESSION in the US

May 09, 2023 -

The demand for diesel – the fuel of the industrial economy – has dropped abruptly as freight markets settle down. Fuels for vehicles have also seen a drop in demand as motorists are tightening their belts and cutting on spending. According to analysts, these signs indicate a slowdown in the world's leading economy that could soon go down to recession.

The demand for distillates including diesel, which is used to power the trucks and trains that deliver goods around the country, ...

EU lawmakers approve effective 2035 ban on new fossil fuel cars

February 15, 2023 -

(Article by Kate Abnett republished from Reuters.com)

The landmark rules will require that by 2035 carmakers must achieve a 100% cut in CO2 emissions from new cars sold, which would make it impossible to sell new fossil fuel-powered vehicles in the 27-country bloc.

The law will also set a 55% cut in CO2 emissions for new cars sold from 2030 versus 2021 levels, much higher than the existing target of a 37.5%.

"The operating costs of an electric vehicle ...

Biden’s chaotic, anti-fossil fuel policies are threatening global energy security

November 04, 2022 -

Today, the United States is a hollow shell of its former self – with pipelines and drilling operations shuttered. After the Biden regime took control in 2021, “hostile” federal administrators were quickly installed to take down the most important pillars of America’s energy infrastructure – fossil fuels, natural gas, and nuclear energy.

In the Presidential debates of 2020, Biden told the American people this was going to happen during his term, and his minions have ...

America’s diesel fuel shortage could CRIPPLE the supply chain by Thanksgiving

November 04, 2022 -

Automobile industry expert Eric Peters noted in an interview with radio host Kate Dalley that there will likely be a massive shortfall in diesel in the coming weeks "and that's going to be felt economy-wide." (Related: America is running out of gas: Surging demand leaves US with LESS THAN A MONTH'S supply of diesel.)

"Most people don't appreciate the importance of diesel macro in the economy because most people drive a gas-powered car," he said. "They don't understand ...

Scientists create eye tissue using stem cells and 3D printing

January 13, 2023 -

A group of researchers from the National Eye Institute (NEI), a branch of the National Institutes of Health, printed a combination of cells that compose the outer blood-retina barrier, the eye tissue that assists the retina's light-sensing photoreceptors.

This technique theoretically gives unlimited supply of eye tissue to study degenerative retinal diseases like age-related macular degeneration (AMD) and better understand how to cure or treat these diseases. (Related: Researchers ...

China still thinks fossil fuel is key to a reliable power grid

March 14, 2023 -

"We will strengthen the basic supporting role of coal and take orderly steps to increase advanced coal production while ensuring safety," the Chinese National Development and Reform Commission (NDRC) declared in a report to the National People's Congress on March 5. The NDRC serves as China's state planner in charge of macroeconomic policy.

Beijing China approved the construction of another 106 gigawatts (GW) of coal-fired power capacity in 2022, four times higher than ...

Solar and wind can’t replace fossil fuel, points out economist Peter Hartley

January 23, 2023 -

"I don't think solar and wind can replace fossil fuel. I'm sorry, it can't be done," Hartley told host Fergus Hodgson during the January 17 episode of the "Gold Newsletter" podcast. "The only thing that can replace it is nuclear. In fact, the only two examples we have of substantial replacement of fossil fuel are the French and Swedish nuclear programs." (Related: Wind and solar cannot replace oil: What we need is for the government to stop suppressing free energy.)

Hodgson ...

Study: Curcumin in turmeric STARVES CANCER CELLS to death

a month ago -

Over 4,500 published peer-reviewed studies have shown curcumin to prevent cancer progression through a variety of mechanisms – by reducing inflammation, preventing chemical stress from radiotherapy and chemotherapy, shutting down cancer-promoting pathways and interfering with the growth and development of malignant cells.

Most recently, a study has shown that curcumin starves cancer cells to death by restricting the ability of cancer cells to extract much-needed energy in ...

Nebraska and South Dakota both declare fuel supply emergencies amid escalating energy crisis

November 09, 2022 -

The latter's Kristi Noem, South Dakota's governor, issued an executive order (EO) providing truckers who haul liquid fuel products with relief from Hours of Service rules due to "extremely low inventories and outages of certain liquid products including gasoline, diesel, jet fuel, propane, ethyl alcohol, natural gasoline, diesel exhaust fluid, and anhydrous ammonia."

In Nebraska, Gov. Pete Ricketts issued a similar emergency declaration not long after providing relief ...