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The clouds of war

The clouds of war

Crypto firm BlockFi to pay record penalty to settle U.S. SEC, state charges

  • Asian markets fell and oil prices rallied after the United States warned Russia could attack Ukraine within days as diplomatic efforts to prevent a war appeared to fail, while fears over inflation kept traders on edge
  • A subsidiary of crypto company #BlockFi Inc has agreed to pay $100 million to the U.S. Securities and Exchange Commission and 32 states to settle charges in connection with a retail #crypto lending product
  • Iraq’s #oil production capacity has grown from 3 million to around 5 million bpd in recent years, but the departure of oil majors such as #Exxon Mobil and #Shell from a number of projects means future growth is uncertain
  • #XAUUSD rose 0.6% in the last session
  • The last session saw EUR fall 0.6% against USD
  • #GBPUSD dropped 0.3%
  • #AUDUSD fell 0.4%


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