In 2021, the volume of illegal cryptocurrency transactions jumped by almost 80% to $14 billion, which is a record high. The total volume of transactions jumped by 567%, which suggests that legitimate transactions are outpacing illegal ones.
Fraud has also increased this year. Fraud proceeds rose 82% to $7.8 billion, with more than a third of that amount coming from so-called rug pulls. Carpet theft is a type of scam where the developers of seemingly legitimate projects simply create wallets to take investors’ money and escape.
According to the report, the largest growth (1,964% per year) for laundering illegal funds was observed in the DeFi industry; in second place is mining activity (slightly less than 500%), writes Bloomberg.
<<< News Feed February 22, 2022 >>>
The regional government of the Leningrad region abandoned the idea to deprive some of the deputies of their salaries. If earlier only the speaker, chairmen of the commissions and their deputies sat on monetary allowance, then in the new convocation it was decided to pay everyone. For — voted unanimously.
The salary of an ordinary parliamentarian consists of a salary, an allowance «for special working conditions» and bonuses. On average, this is 185 thousand per month. To this are added three salaries for vacation and an annual bonus.
Since 2008, more than half of all UK golden visas have been issued to applicants from Russia and China.
The Tier 1 Investor Visa, also known as the Golden Visa, was established in 1994 to attract investment into the country in exchange for residency and citizenship.
A £2m investment allows a person to apply for permanent residence in the UK after five years, while a £10m investment cuts that period in half.
Since 2008, more than 12,000 such visas have been issued.
General Motors Co and its Cruise division, which specializes in self-driving technology, have asked US regulators to allow the creation and deployment of a self-driving car without traditional controls such as a steering wheel or pedals.
The Chinese taxi aggregator DiDi sent out a notification to partners about the termination of work in Russia and Kazakhstan from March 4 this year. RBC was told about this by two sources in the taxi market. The information was confirmed by the representative of the press service of DiDi.
Arbitration in The Hague begins hearing on compensation to Naftogaz in the amount of $10 billion «for the lost opportunity to use assets in the Crimea» — the head of the company
The European Union (EU) imposed sanctions against five Russian citizens for organizing elections to the State Duma, which took place in Crimea in September 2021.
1. Andrei Chernyak, State Duma deputy
2. Leonid Babashov, State Duma deputy
3. Tatyana Lobach, State Duma deputy
4. Nina Faustova, head of the election committee of Sevastopol
5. Alexander Chmykhalov, Deputy Head of the Electoral Committee of Sevastopol
Defense Minister Sergei Shoigu offered the Serbian film director Emir Kusturica to become the chief director of the Central Academic Theater of the Russian Army (TsATRA), he agreed.
The Embassy of Israel in Ukraine is being transferred from Kiev to consular offices in Lviv, the head of the country’s Foreign Ministry, Yair Lapid, gave the corresponding order, the ministry said.
Shares of the company «Rusal» sharply cheaper during the morning trading on the Hong Kong Stock Exchange. To date, their decline has reached almost 20%, according to the data of this site.
Russian stock indices fell by 10-13%, while the dollar and euro rates approached 80 and 90 rubles, respectively. Shares of Aeroflot fell by more than 15%, close to the Kremlin Rosneft — by more than 18%, VTB — by more than 17%, Gazprom — by 10%, Lukoil — by almost 7%, NLMK – by 8%, Rostelecom – by more than 7%, Sberbank – by more than 17%, Surgutneftegaz – by more than 10%
The plane of the Indian airline Air India flew to Kiev to evacuate Indian citizens from Ukraine. According to the Hindustan Times newspaper, the Indian air carrier will operate three special flights to Kiev Boryspil International Airport on February 22, and two more outward special flights will be carried out on February 24 and 26.
The Australian Foreign Ministry will send additional staff to Poland and Romania in order to preserve the opportunity for Australians in Ukraine to return to their homeland, Australian Foreign Minister Maris Payne said.
VTB raised mortgage rates by 1 percentage point to 11.3%.
As part of supporting financial stability, the Bank of Russia allowed banks to use the exchange rate as of February 18, 2022, until October 1, when calculating mandatory ratios, and allowed credit institutions to temporarily not reflect negative revaluation of securities on their balance sheets so that this would not worsen their performance. The regulator has already applied similar measures in 2014 and 2020.
Italian schoolchildren will study Dante’s Divine Comedy with the help of the Minecraft computer game. According to Milano today, the authors created a game with characters and an afterlife system based on the poem. They hope that this will allow a new generation to qualitatively study one of the most important works of Italian literature.
In Bulgaria there is a national strike of employees of museums and libraries. The protesters do not agree with the low level of funding for the sector. In the budget for 2022, it is proposed to increase funds for the development of museums and galleries by 5%, and for libraries by 9%. The trade union of cultural workers called such subsidies thoughtless and humiliating, writes Dariknews.
SpaceX founder Elon Musk posted a new video an hour ago showing the launch of a Falcon 9 rocket along with 46 satellites from the Cape Canaveral Spaceport in Florida on February 21st. 10 minutes after launch, the first stage of the rocket landed on the SpaceX A Shortfall of Gravitas unmanned floating drone, which is used as a landing platform.
This was the record-breaking 11th flight of this Falcon 9 first stage rocket. It is also confirmed to be the 100th landing of the Falcon 9 rocket and the 107th landing for SpaceX overall, including landings of Falcon Heavy launch vehicles.
Representative of the US Congress Vicki Hartzler said that Xi Mingjie, the only daughter of Chinese President Xi Jinping, lives in America. Harzler spoke about this when she introduced the «Act to Protect Higher Education in the United States from the Chinese Communist Party.»
Apart from a few basic biographical details, very little is known about President Xi Jinping’s beloved daughter and second wife, renowned folk singer Peng Liyuan. Xi Mingjie, born on June 27, 1992, studied French at the Foreign Studies High School in Hangzhou. She came to the US in 2010 to study under a pseudonym at Harvard University. In 2019, Xi’s daughter returned to the US after living in China for 5 years.
In China itself, information about President Xi’s family is considered a state secret. There is a known case when a Chinese man was accused of leaking personal information about Xi Jinping’s daughter and sentenced to 14 years in prison.
Yango Group defaults on $657 million foreign loans: Chinese developer Yango Group failed to pay $27.3 million in interest on two bonds after a 30-day grace period, company management says — Caixin
The Dutch Consumer and Markets Authority has fined Apple €5 million for failing to propose new rules for in-app purchases bypassing the App Store in a week. This is the fifth fine, the total amount has risen to €25 million. If Apple does not comply, the company will be periodically fined up to the maximum possible amount of €50 million.
In October 2021, the Dutch government recognized Apple as a monopoly, and in December, the regulator ordered Apple to allow alternative payment methods in the App Store until January 15th.
By the end of 2021, the European Union overtook China in terms of purchases of Russian food. The growth of exports to the EU was provided primarily by the rise in price of crabs and grain. Deliveries to China sank due to the closure of ports for Russian fish
The Federal Antimonopoly Service of Russia opened a case against MTS due to an «unreasonable» rise in prices for communication services. Tariffs increased by an average of 9.5% in January 2022. The operator explained this by an increase in the cost of its services due to an increase in inflation, the cost of equipment and its delivery, an increase in electricity costs, investments in the expansion and construction of new networks, and more. However, the FAS did not confirm the growth of expenses. The Antimonopoly Service considered that «the increase has no technological, economic or other grounds.»
Apple employees are organizing into unions and are going to demand higher pay, believing that they should receive more bonuses, as they make a tangible contribution. Apple’s hourly rates of $17 to $30 per hour tend to be in line with what other retail companies are paying in the regions where they operate. But most other retailers don’t make that much. Moreover, no company is worth $3 trillion. However, despite the IT giant’s record revenue, lower-ranking employees are not valued or compensated after growth.
The number of small businesses in the US is growing. Google searches for “how to start a small business” jumped 124%. And these requests were not just a sign of curiosity — people really started their own companies. In 2021, there were 5.4 million applications to open companies.
The most popular areas for small business newbies are food delivery, HR consulting, and e-commerce. Also in the lead are online retail, shipping, warehousing, and highly professional services.
In Germany, a deputy from the federal state of Baden-Württemberg called for the confiscation of the estate, villas and hotels belonging to the son-in-law of the ex-President of Kazakhstan Nazarbayev and his daughter Dinara, so that “Baden-Württemberg does not become a haven for autocrats and their property.” The cost of this property is estimated at 100 million Euro
The German Ministry of Economy has given instructions to suspend the certification of Nord Stream 2, said German Chancellor Olaf Scholz.
Page is being updated … stay tuned to TopNews ……