Bank of Russia sells 900,000 ounces of gold, generating $4.3B in proceeds

Gold fell below $4,500 per ounce on Friday as both spot prices and New York futures dropped about 0.94 percent, extending a sharp pullback from this year’s record highs. Early on May 22, gold slipped below $4,500 as spot and…

Switzerland's alignment with EU sanctions on Russia highlights increasing global regulatory scrutiny on crypto, impacting compliance costs and jurisdictional advantages. The post Switzerland adopts most of EU’s 20th sanctions package against Russia, including crypto restrictions appeared first on Crypto Briefing.

European authorities have cracked down on a VPN that has been used for various criminal activities. The operation, led by investigators in France and the Netherlands with help from Europol and Eurojust, has dismantled First VPN, a service that has been heavily promoted within Russia as a way of evading law enforcement. Criminals used it to conceal their identities and infrastructure while carrying out ransomware attacks, large-scale fraud, data theft, and other serious offences. While First VPN’s fates seems well-deserved, there are concerns about wider attempts by governments and law enforcers to clamp down on users of VPN services. Various legislations have tried to implement new laws restricting access to the internet, in particular, those seeking to limit minors from accessing social media and other sites deemed inappropriate by authorities. Australia has already brought in such a law and the UK is looking to follow suit. However. VPNs providers have fought back, claiming that thei

The billionaire cited underperformance vs gold and broader disappointment with crypto's breakout apps (or lack thereof) as drivers.

Increased military cooperation between Russia and Belarus heightens geopolitical tensions, potentially destabilizing Eastern European crypto markets. The post Russia delivers nuclear warheads to Belarus for military drills, raising geopolitical risk for crypto markets appeared first on Crypto Briefing.

The military drills could exacerbate regional energy volatility, impacting crypto mining profitability and potentially triggering economic sanctions. The post Russia delivers nuclear warheads to Belarus for military drills, raising energy and crypto mining questions appeared first on Crypto Briefing.

Putin's proposal to store Iranian uranium in Russia could shift geopolitical dynamics, positioning Moscow as a key nuclear mediator. The post Putin proposes storing Iranian enriched uranium in Russia, pitches plan to Xi Jinping appeared first on Crypto Briefing.

Putin's uranium storage proposal could reshape geopolitical dynamics, potentially stabilizing Middle East tensions and impacting global markets. The post Putin proposes storing Iranian enriched uranium in Russia, pitches plan to Xi Jinping appeared first on Crypto Briefing.