Ukraine Update: Kyiv Focuses on Russian ‘Military-Industrial Complex

Ukrainian President Volodymyr Zelenskiy is making it clear that he believes more needs to be done to put pressure on Russia’s “military-industrial complex.” In his recent address to the nation, he emphasized that sanctions alone are insufficient to address the ongoing Russian aggression. Zelenskiy is calling for measures that will inflict tangible losses on Russia … Read more

JPMorgan’s Chase UK Bank Blocks Crypto Payments for Enhanced Security

JPMorgan’s Chase & Co.’s digital banking service in the UK is taking steps to protect its customers from cryptocurrency-related fraud and scams. Starting from October 16, Chase UK customers will no longer have the option to make cryptocurrency transactions using their debit cards or by initiating outgoing bank transfers.   An email sent to customers … Read more

Citibank’s Return to the Bond Market: First Bank-Level Deal Since 2019

“Citibank, a part of Citigroup Inc. based in New York, is entering the investment-grade bond market today. This move comes after a gap of four years, mainly because its deposits have started to decrease from the high levels seen during the pandemic.   Citibank, which offers services like savings accounts, credit cards, and mortgages, is … Read more

If MicroStrategy Had Invested in Ethereum Instead of Bitcoin: Michael Saylor’s Potential Gains

MicroStrategy Inc., a data intelligence firm led by Michael Saylor, has long been renowned for its significant holdings of Bitcoin (BTC). However, recent data has brought an intriguing revelation to light: the company might have potentially garnered greater profits had it invested in Ethereum (ETH) instead.   Information sourced from blockchaincenter.net, an analytics platform, indicates … Read more

Fhenix Raises $7 Million to Enhance Privacy on Public Blockchains

“A blockchain platform called Fhenix was able to raise $7 million in venture capital funding. The seed funding round was led by Multicoin Capital and Collider Ventures, with participation from several other investors including Node Capital, Bankless, HackVC, TaneLabs, and Metaplanet.   The newly acquired capital will be used to launch the public testnet of … Read more