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June 29, according to The Sun, Russian President Vladimir Putin launched a major attack on much of Ukraine, with Ukrainian Air Force Communications Chief Yuri Inat calling the nighttime attack the largest airstrike in three years of conflict. The report said that the Russian army simultaneously attacked several cities with cruise missiles, hypersonic missiles and Iranian-designed "Witness" (Shahed) attack drones. In addition, the Russian army also launched four "Dagger" and seven "Iskander-M/KN-23" ballistic missiles at Ukraine, and dispatched Tu-95 strategic bombers and MiG fighters. One of the worst-hit cities was Kremenchuk, the report said, with the airstrike setting the city on fire and dozens of explosions lighting up the night sky.June 29, Ukrainian officials said on Sunday that Russia launched the largest air strike against Ukraine since the beginning of the conflict at night, according to the Associated Press. The escalating bombing campaign further shattered hopes for peace to end the three-year conflict. The Ukrainian Air Force said that the Russian army launched a total of 537 air strike weapons at Ukraine, including 477 drones (including decoy drones) and 60 missiles. Among them, 249 drones/missiles were shot down by the Ukrainian army, and another 226/missiles crashed due to failure of electronic interference. Ukrainian Air Force spokesman Yuri Ignat said that considering the number of drones and various missiles, this night attack was "the largest air strike operation." The targets of the attack covered many areas throughout Ukraine, including the western region far away from the front line. The Polish Air Force said on Sunday that Poland and its allies had urgently dispatched fighter jets to ensure the safety of Polish airspace.Ukraine said Russia launched 477 drones and 60 missiles at Ukraine overnight.Ukrainian military: An F-16 fighter jet crashed in Ukraine and the pilot was killed.June 29, according to the Financial Times, Nvidia (NVDA.O) insiders have sold more than $1 billion of the companys stock in the past 12 months. Trading volume has surged recently as executives cashed out on the artificial intelligence investment boom. More than $500 million of the stock was sold this month, just as the California chip design companys stock price climbed to a record high. Investors have previously increased their holdings of Nvidia shares, betting on a surge in demand for artificial intelligence chips, making it the worlds most valuable company. Before the stock price rose, Nvidia had experienced a turbulent year: trade tensions and breakthroughs in AI by other countries had threatened demand for its products. CEO Huang Renxun this week launched the first stock sale since September last year. Nvidia said that all of Huang Renxuns sales followed a preset trading plan developed in March, which had determined the price and date of the triggering sale in advance. Huang Renxun still holds most of his Nvidia shares. Ben Silverman, vice president of research at VerityData, commented: "When the stock price fell in the first quarter, he (Huang Renxun) did not sell, which was very wise. He waited for the stock price to rise to a more ideal selling price."

Indonesian Crypto Exchange Ensures Compliance With Biometric Security-Based Wallet

Cory Russell

May 11, 2022 10:37

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According to statistics site CoinMarketCap, crypto assets have lost about $800 billion in market value in the last month, reaching a low of $1.4 trillion on Tuesday, as the end of free monetary policy dampens desire for risk assets.


According to statistics site CoinMarketCap, crypto assets have lost about $800 billion in market value in the last month, reaching a low of $1.4 trillion on Tuesday, as the end of free monetary policy dampens desire for risk assets.


Bitcoin, which accounts for roughly 40% of the cryptocurrency market, fell to a 10-month low on Tuesday before rebounding to $31,450, only six days after hitting $40,000. It was down more than 54% from its all-time high of $69,000 on November 10th.


Prices of digital assets have fallen, reflecting a drop in stocks on worries of aggressive interest rate rises throughout the world to combat decades-high inflation. The Nasdaq, which is heavily weighted in technology, was down 28% from its all-time high in November 2021.


According to CoinMarketCap, the total crypto market worth was $2.2 trillion on April 2, down from an all-time high of $2.9 trillion in early November.


"Bitcoin remains closely tied to larger economic circumstances, implying that the road ahead may regrettably be bumpy, at least for the time being," stated blockchain data firm Glassnode in a note.


Investors were also alarmed by signs of weakness in stablecoins, which are normally a safer crypto currency. TerraUSD, the fourth-largest stablecoin in the world, lost a third of its value on Tuesday after losing its dollar peg.


According to a study issued on Monday by digital asset management Coinshares, despite bitcoin's price drop, funds and products related to it saw inflows of $45 million last week as investors took advantage of market weakness.


"An enormous amount of liquidity has inflated some of these cryptocurrencies," said Nordea Asset Management's senior macro analyst, Sebastien Galy. As various central banks tighten their monetary policies, he expects crypto, which is also tied to high-growth equities, will face pressure.

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