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Ethereum World News 2022-03-01 12:35:37

Russian Bank SWIFT Ejection Causes Chaos, Crypto Usage Spikes

Russia’s exclusion from the SWIFT network has resulted in the devastation of its economy. One of its largest banks, Sberbank, is reportedly nearing failure as it sees heavy deposit outflows. Cryptocurrency usage in Ukraine and Russia is rapidly spiking as citizens attempt to skirt around the economic chaos. Russia’s ongoing acts of aggression against Ukraine has brought near global condemnation, and the latest in the West’s bid to punish Russia for its actions appears to be taking full form. Major […]

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