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Inflation pressure mounts

Inflation pressure mounts

Coinbase blocks 25,000 crypto wallets linked to Russian users

  • European #stocks fell to their lowest in a year, with the #DAX and Euro Stoxx 50 indexes closing in a bear market as soaring oil prices spurred concerns that high inflation will hurt economic growth
  • #Cryptocurrency trading platform #Coinbase Global Inc. said it blocked over 25,000 wallet addresses related to Russian individuals or entities that it believes to be engaging in illicit activity
  • #Samsung Electronics Co. has suffered a cybersecurity breach that exposed internal company data, including source code for the operation of its Galaxy smartphones
  • #GBPUSD dropped 0.7%
  • #AUDUSD fell 0.9%

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