Sanctioned Russian crypto age | TradeSphere
One of the top Russian crypto exchanges, Grinex, said that Western intelligence services stole almost $14 million worth of crypto assets from “Russian users” in an attempt to inflict “direct damage on ... The Kyiv Independent on MSN: Sanctioned Russian-linked crypto exchange shuts down after $13 million cyberattack Grinex, a sanctioned cryptocurrency exchange with ties to Russia, said it has suspended operations after a cyberattack resulted in the theft of more than 1 billion rubles (13.1 million dollars). MOSCOW () - Russia-linked sanctioned crypto exchange Grinex said on Thursday it had suspended operations after assets worth 1 billion roubles ($13.10 million) were stolen during a cyber ...
Understanding the Context
Grinex suspends operations following a large-scale crypto hack involving $13.7M theft, highlighting links to foreign agencies. A sanctioned cryptocurrency exchange with ties to Russia said April 16 it has shut down operations after a cyberattack resulted in the theft of more than 1 billion rubles (13.1 million dollars) in ... Russia-linked sanctioned crypto exchange Grinex said on Thursday it had suspended operations after assets worth 1 billion roubles ($13.10 million) were stolen during a ... In a law introduced to Russia's State Duma on Friday, lawmakers proposed that entities engaged in certain crypto activities without a license could be subject to criminal penalties.
Image Gallery
Key Insights
MOSCOW, April 16 (Reuters) - Russia-linked sanctioned crypto exchange Grinex said on Thursday it had suspended operations after assets worth 1 billion roubles ($13.10 million) were stolen during a ... SANCTIONED definition: authorized, approved, or allowed. See examples of sanctioned used in a sentence. To penalize, as for violating a moral principle or international law: "Half of the public defenders of accused murderers were sanctioned by the Texas bar for legal misbehavior or incompetence" (Garry Wills). Sanctioned: The past tense of "sanction," indicating something has been approved or penalized.
Related Articles You Might Like:
CAR, the bull age 'Don't kiss anybody after:' Texas restaurant scoops up crawfish ice cream Rally on Pause with Peace Deal Uncertainty | Closing BellFinal Thoughts
Sanctioning: The present participle form, describing an ongoing process of approval or enforcement. Sanction has two nearly opposite meanings: to sanction can be to approve of something, but it can also mean to punish, or speak harshly to. Likewise, a sanction can be a punishment or approval. Very confusing — the person who invented this word should be publicly sanctioned!