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There's a physical war being fought in Ukraine, and there's a second war being fought online. Daniel Ives, the managing director of Wedbush Securities explained what targets Russia's cyberwarfare campaign could hit and how.
It's the first time cryptocurrency is being used in a global conflict, says Daniel Ives, the managing director of Wedbush Securities. Russia can use crypto to skirt U.S. sanctions, Ukraine can use it to get donations, and hackers can use it to tempt military defectors.
A number of Russian banks are now banned from the vital international payment system SWIFT. As Russian forces continue their attack on Ukraine, a tougher sanction being discussed is cutting Russia off completely. Gerald Tan walks us through the significance of that.