The Daily Leo #168: Russia Attempting DeDollarization, Germany Calls For Crypto Regulation, $8M Bitkeep Hack
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World Bank grants Egypt $500mln financing for social protection
According to a statement released by the government on December 23, Minister of International Cooperation Rania Al-Mashat said that the World Bank has given Egypt a fresh $500 million development loan to fund the "Takaful and Karama" initiative. According to Al-Mashat, the programme protects the most vulnerable segments from the effects of external...
Russia goes toward de-dollarization
According to "The National Interest," the West's main concern should be Russia and China's recent decision to dedollarize their transactions and create a financial bubble that is impervious to Western sanctions. The West has a propensity to overlook Russian initiatives that provide the government the money it needs to get through...
Top regulator of Germany calls for global crypto regulation
The top regulator in Germany demanded that the cryptocurrency sector be regulated globally. He did it to stop money laundering, safeguard customers, and keep the economy stable. Regulators are now much more concerned following the FTX empire's dramatic downfall. Legislators are striving to enact reliable and effective cryptocurrency...
Hackers steal $8m worth of cryptocurrency from BitKeep wallets
The latest vulnerability to affect a decentralized banking network has seen more than $8 million worth of cryptocurrencies stolen from the wallets of BitKeep users in what seems to be a cyberattack. Cointelegraph said on Monday that BitKeep customers have...
SEC warns vs unlicensed cryptocurrency exchanges
THE Securities and Exchange Commission (SEC) has warned the public not to engage with unregistered and unlicensed cryptocurrency exchanges after the recent collapse of a large international cryptocurrency exchange. According to the regulator, several unregistered cryptocurrency exchanges...
HiveSQL is a Microsoft SQL database that contains all Hive blockchain data. It was created by @arcange, and is one of the super useful projects that has become part of Hive ecosystem for a very long time. As Hive blockchain continues to grow everyday, that data stored in the blockchain grows as well. Storing data, maintaining the database....
Why Threads Will Be Good For Hive - Not Necessarily The Price
The network requirement, which is RC in the case of hive is both a blessing and a curse, we have to be real with ourselves. It's a blessing because it is one of the features that feeds consistent value into the blockchain, by simply promoting "Hive time locks" but then....
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business as usual loans , regulations , hacks and sec making the bully
Yes. The current market is no fun. $80mn hacks seem normal now and they do not instill the level of panic or interest they used to.
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It my pleasure to read daily LEO again. Leofinace has so much in store for everyone.learning and understanding it is the key
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Lots of good information at one place. It seems like leofinance is the store of finance knowledge.
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