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Sputnik International - Breaking News & Analysis - Radio, Photos, Videos, Infographics

Sputnik is a major new media brand with modern multimedia centers in dozens of countries. Sputnik is uniquely positioned as a provider of alternative news content and as a radio broadcaster. Offering a fuller picture of the world with a truly diverse rang

Copyright: Sputnik International - Breaking News & Analysis - Radio, Photos, Videos, Infographics

Angry Birds Game Maker Loses Half Its Market Value Since Going Public

Thu, 22 Feb 2018 17:18:00 +0300

Rovio Entertainment, a Finnish developer of video games, behind the extremely popular Angry Birds, has experienced the most dramatic loss of its market value since its initial public offering in September 2017.

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Nord Stream 2 to Start Attracting Project Financing in 'Couple of Months' - CFO

Thu, 22 Feb 2018 16:01:00 +0300

LONDON (Sputnik) - The Nord Stream 2 project will begin the process of attracting additional financing in the next couple of months, Chief Financial Officer Paul Corcoran told Sputnik on Thursday.

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Telegram Founder Launches Secret Second Presale of Homegrown Cryptocurrency

Thu, 22 Feb 2018 13:10:00 +0300

Earlier this week Pavel Durov, founder of Telegram and Russian social network Vkontakte, reported he had raised $850 million from 81 investors for the “development of the TON Blockchain, the development and maintenance of Telegram Messenger.”

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Venezuela’s Maduro Announces Another Cryptocurrency, Now Gold-Backed

Thu, 22 Feb 2018 06:34:00 +0300

MEXICO CITY (Sputnik) - Venezuelan President Nicolas Maduro said Wednesday his government was preparing to launch a new gold-backed cryptocurrency token next week.

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Traders Are Bullish on Bitcoin Rival Ethereum, Here Is Why

Thu, 22 Feb 2018 06:00:00 +0300

The price of the world’s 2nd most valued cryptocurrency, Ethereum, on Wednesday dropped below $870. However, cryptocurrency experts bet on the coin’s long-term chances.

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Failed US Ballistic Missile Interception? That Will Cost $130 Million

Thu, 22 Feb 2018 01:37:40 +0300

The US’ most recent failure to intercept a missile after shooting an interceptor from Hawaii led to diminished confidence in the country’s ballistic missile defenses. A new report adds insult to injury: the test cost $130 million to complete.

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Hedge-Fund Founder Who Devastated Argentina Calls Bitcoin Immoral

Wed, 21 Feb 2018 17:44:00 +0300

Paul Singer, founder of the Elliott Management hedge-fund, has repeatedly expressed his views on cryptocurrencies, dismissing the technology as “one of the most brilliant scams in history.”

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India Proposes Law to Tighten Noose on Ponzi Schemes; ICOs May Take a Hit

Wed, 21 Feb 2018 14:25:00 +0300

Under the proposed Unregulated Deposit Schemes Bill, a person or institution running an unregulated deposit or Ponzi scheme will have to face seven years in jail. Cryptocurrencies have been kept outside the purvey of the legislation, but an expert told Sputnik that initial coin offerings may face the heat.

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Venezuela's Cryptocurrency Raises $735Mln, to Be Used in Oil Trade

Wed, 21 Feb 2018 12:19:00 +0300

President Nicolas Maduro has announced that preliminary sales of Venezuelan cryptocurrency el petro have already reached $735 million.

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South Korea Strikes Free Trade Deal With 5 Central American Countries - Ministry

Wed, 21 Feb 2018 11:36:00 +0300

TOKYO (Sputnik) - South Korea and five Central American countries, namely Costa Rica, El Salvador, Honduras, Nicaragua and Panama, signed a free trade deal with a view to gradually eliminating duties on over 95 percent of goods within the next 10 years, the South Korean Ministry of Trade, Industry and Energy said Wednesday.

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Steven Seagal Becomes 'Ambassador' of Shady Cryptocurrency Project

Wed, 21 Feb 2018 06:49:25 +0300

Hollywood star Steven Seagal is endorsing a questionable Bitcoin sound-alike cryptocurrency “Bitcoiin” which is launching its initial coin offering.

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IMF Calculates Damage to Palestine's Economy Caused by Geopolitical Tensions

Wed, 21 Feb 2018 04:04:48 +0300

WASHINGTON (Sputnik) - Geopolitical tensions have put increasing strain on the Palestinian economy, pushing economic growth downward to nearly 3 percent last year, the International Monetary Fund said in a statement on Tuesday after a staff visit to the country.

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Venezuela’s New Cryptocurrency Targets Chink in US Economic Armor - Expert

Wed, 21 Feb 2018 01:23:41 +0300

Venezuela’s petro cryptocurrency has become a reality. The country’s government today officially launched the presale of its own cryptocurrency, in hopes that the new digital coin will boost the Venezuelan economy.

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Bitcoin an Asset, Not a Currency: Israel Issues New Tax Regulation

Tue, 20 Feb 2018 19:48:00 +0300

The local tax authority ruled that digital currencies aren't money, but rather an asset, and thus will be taxed accordingly.

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Multimillion Fortune of British "Bill Gates" Threatened by $5bn Lawsuit

Tue, 20 Feb 2018 15:07:00 +0300

The UK entrepreneur previously headed one of the most successful software companies in Britain before making a fateful multibillion dollar sale that came to haunt him six years later.

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Malaysian Firm Receives Sharia-Compliant Certification for Cryptocurrency

Tue, 20 Feb 2018 14:37:11 +0300

The firm HelloGold plans to launch its cryptocurrency product, dubbed GOLDX in Thailand later this year, according to the company representative.

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Bitcoin's Price Continues Growing After Reaching $11,500

Tue, 20 Feb 2018 13:20:00 +0300

MOSCOW (Sputnik) - The price of the world's most famous cryptocurrency, Bitcoin, has surpassed the $11,500 mark and continues growing, trading data showed on Tuesday.

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Projected Right-Wing Rise in Italy Challenges Eurozone Unity

Tue, 20 Feb 2018 12:41:00 +0300

Despite the fact that last year French National Front Marine Le Pen’s plan to pull out of the Eurozone cost her votes in the presidential election, the leader of the Italian Northern League party Matteo Salvini still prefers to play the “no single currency” card, reiterating his opposition to the euro.

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Venezuela Launches Oil-Backed 'Petro' Cryptocurrency Amid US Sanctions

Tue, 20 Feb 2018 08:39:00 +0300

MOSCOW (Sputnik) - The pre-sale of Venezuelan own cryptocurrency "Petro," which is backed by the country's oil reserves, has started.

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Greece Unlikely to Get New Tranche Before March - European Stability Mechanism

Tue, 20 Feb 2018 00:07:01 +0300

MOSCOW (Sputnik) - The European Stability Mechanism (ESM) is unlikely to transfer the next financial aid tranche of 5.7 billion euros or $7 billion, to Greece earlier than in the second half of March, Managing Director of the ESM Klaus Regling said Monday.

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