ESL through an official statement have announced that they have cut ties with the Russian government which include individuals or organizations under alleged or confirmed EU sanctions related to the ongoing political conflict between Russia and Ukraine which follows the word that no Russian based teams would be allowed to participate at the Pro League […]

The post Russian teams to play under different names at ESL Pro League: Event Organizer appeared first on TalkEsport.

German-based esports tournament organizer ESL Gaming has imposed sanctions on teams associated with Russia.  This news follows an unfathomable week…

The post CS:GO: ESL Bans Russian-Based Teams Amid Ukraine Attack appeared first on Esports News Network | ESTNN.

Mykhailo Fedorov, the vice prime minister of Ukraine, issued an official document addressed to all esports organizations and gaming companies.

Click here to read the full article.

Details of a new nation-state sponsored phishing campaign have been uncovered setting its sights on European governmental entities in what's seen as an attempt to obtain intelligence on refugee and supply movement in the region. Enterprise security company Proofpoint, which detected the malicious emails for the first time on February 24, 2022, dubbed the social engineering attacks "Asylum

As tensions in Ukraine lead to sanctions against Russia, some politicians have called for crypto exchanges to play a role in blocking the flow of funds to the former Soviet republic. Speaking in an interview with MSNBC, former first lady and presidential candidate Hillary Clinton said she was “disappointed” in “so-called crypto exchanges” for not […]

The post Crypto Industry Rejects Politicians Pushing Exchanges to Block Russian Users appeared first on Coin Bureau.

Bitcoin recorded its largest single-day pump in a year as the Russian ruble tanked 20% in its value against the dollar amidst worldwide economic sanctions imposed in the country after their attack on Ukraine. Sanctions Pump Bitcoin The most influential countries in the world have imposed penalties on Russia aiming for its economic collapse to stop Putin’s efforts to invade Ukraine. However, it is not only politicians who are threatened by penalties but common citizens. State Duma deputy from the Communist Party Nikolai Arefiev commented to a local news portal that savings of Russians could be confiscated by the Russian government: “If all funds that are abroad are blocked, then the government will have no other choice but to seize all the deposits of the population – there are about 60 trillion rubles – in order to get out of the situation.” Both Russians and Ukrainians have recorded enormous increases in crypto trading volume as they run to use it as a safe haven for their savings and wealth and a financial tool that allows them to take their money abroad or avoid sanctions. Similarly, bitcoin also became a valuable tool to send donations to Ukrainian efforts. The cryptocurrencies that have recorded the highest trading volumes in the countries have been bitcoin and tether. Bitcoin’s original narrative seems to be winning amongst the people who need it and so, its price has increased while recording other historical marks. Related Reading | Bitcoin Soared 20% In Two Session With Crypto Demand As Haven The Pump As per Arcane Research data, the bitcoin price increased 14.5% on Monday, its largest pump since February 8th, 2021, when the crypto coin reacted positively being shot up to an ATH after Elon Musk announced Tesla had bought $1.5 billion in bitcoin. Furthermore, data shows that the digital coin was back at providing better returns after a rough month. Bitcoin’s 7-day volatility increased to 5.4%, its highest mark since June 2021. Arcane Research notes this proves that the digital coin “behaves opposite of the rest of the financial markets concerning volatility, as upwards price movements often cause the most significant volatility spikes.” Similarly, many were already used to the possible correlation between bitcoin and tech stocks, but that correlation has decoupled as bitcoin price increased 5% during the past day while equity stocks closed at lower prices. Bitcoin use case as a store of value might be making a return to the markets. Before Monday’s big pump, bitcoin trading volume reached over $10 billion last Thursday as a reaction to Russia’s attack on Ukraine. This is the highest level reached since December 4th. Related Reading | Bitcoin Breaks Above 50-Day SMA, Will BTC Ride It Out To $50,000? BTC Price Arcane data further noted that the digital coin has returned to its $40-44k trading range and the resistance level of $44,000, found during early February’s rally, is an important mark since the coin has yet to convincingly break through that resistance. Data suggests that if BTC breaks through $44k again, then “$47,000 is the next resistance area to pay attention to.” Meanwhile, bitcoin was slightly up in the last 24 hours. At the time of writing the digital coin’s price is $43,894.

The international hacktivist collective known as Anonymous has vowed to attack Russian government websites over the recent Ukraine invasion. So far Anonymous says that it hacked the Russian Ministry of Defense database and various state-operated television channels in Russia. Additionally, a spokesperson from Russia Today (RT) said that after Anonymous’ recent statement, RT websites were […]

Hacktivist collective Anonymous has joined the global majority in backing Ukraine. Russian ransomware hackers are ready to strike back.

The post Anonymous set for cyberwar with Bitcoin-powered Russian hacker crew appeared first on Protos.

Key Takeaways:

• The initial wave of sanctions targeted Russian banks and the financial industry plus individual “inner circle” elites, with more sanctions likely to follow in the coming weeks as events unfold.
• Broad restrictions on debt and equity transactions with certain entities in the Russian financial, energy, and infrastructure sectors.
• Expanded export controls, including foreign-direct product rule restrictions, new license requirements, and Entity List designations impact a wide range of exports to Russia.…

More

The post Review of Sanctions and Export Controls Imposed in Response to Russia’s Invasion of Ukraine first appeared on IPO, Then What?.

Key Takeaways:

• The U.S., EU, and UK are coordinating a significant sanctions and export controls package to be implemented if Russia takes further action in Ukraine.
• Restrictions are likely to target key Russian industries including finance, energy, and defense and would be far more severe and far-reaching than past sanctions.
• New export controls could include restrictions on foreign-produced items made using U.S.-origin technology or software,…

More

The post Possible International Trade Consequences of Further Escalation of Conflict in Ukraine first appeared on IPO, Then What?.