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Deutsche Bank to Exit Russia, Says There Will Be No New Business There
13.3.2022
Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine erupted....
US Banking Giants Goldman Sachs and JPMorgan Wind Down Business in Russia
13.3.2022
Global investment banks Goldman Sachs and JPMorgan Chase are winding down business in the Russian Federation. The move comes as western sanctions against Moscow over its decision to launch a military invasion of Ukraine continue to expand, supported by leading financial institutions. Goldman Sachs...
UK Watchdog Asks Crypto ATM Providers to Stop Operating or ‘Face Enforcement Action’
13.3.2022
U.K. watchdog, the Financial Conduct Authority (FCA), has told firms running crypto ATMs in the country that they are operating illegally and must therefore shut down their machines. Operators that fail to heed the warning will face enforcement action, the FCA said. Crypto ATM Providers Operating...
Supreme Tribunal in Venezuela States Sunacrip Has Strategic Role, Voids Earlier Sentence
13.3.2022
The Supreme Tribunal of Justice of Venezuela has stated in a recent sentence that the tasks developed by Sunacrip, the national cryptocurrency and bitcoin mining watchdog, have a strategic significance for the country. The sentence also voids certain resolutions taken in a case where another court...
DOJ Task Force ‘KleptoCapture’ to Target Crypto Exchanges in Sanctions Evasion Crackdown
13.3.2022
A new task force set up by the U.S. Department of Justice (DOJ), KleptoCapture, will also target cryptocurrency exchanges. Financial institutions, banks, money transmission services, and crypto exchanges that allow Russian oligarchs to move money “will be in the crosshairs of this...
Kevin O’Leary Shares Crypto Investing Strategy — 20% of His Portfolio Now in Crypto and Blockchain
13.3.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared his cryptocurrency investment strategy. He revealed that 20% of his portfolio is now in cryptocurrencies and blockchain. “The whole point is you don’t know who is going to win.” Kevin O’Leary’s...
Apple Co-Founder Steve Wozniak Expects Bitcoin to Hit $100K — Says ‘I Just Really Feel It From All of the Interest’
13.3.2022
Apple co-founder Steve Wozniak expects the price of bitcoin to hit $100,000. “I just really feel it from all of the interest,” he explained. “The interest in crypto is so high.” Steve Wozniak’s Bitcoin Price Prediction Apple co-founder Steve Wozniak shared...
Stripe Brings Back Crypto Support After 4 Years — Says ‘Crypto Is Going Mainstream’
12.3.2022
Payment giant Stripe has brought back crypto support after it stopped processing bitcoin payments four years ago. The company now says, “Our optimism for the future of crypto was not unfounded … Crypto is going mainstream.” Stripe Brings Back Crypto Support Payment giant Stripe...
Upcoming AML Regulations in Estonia to Affect Cryptocurrency Industry
12.3.2022
Estonia is preparing to enforce a set of new anti-money laundering rules that will stiffen requirements for crypto companies operating under Estonian license. The changes come amid concerns that Russia may use crypto to evade western sanctions and an ongoing audit of the Baltic nation’s...
Yuga Labs Obtains Cryptopunks and Meebits Brands, Gives Commercial Rights to NFT Holders
12.3.2022
On Friday, Yuga Labs, the firm behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, announced the company acquired the intellectual property behind the Cryptopunks and Meebits brands. Furthermore, after obtaining the IP from Larva Labs, Yuga has decided to give “full...
Shelling Out $30K or More in Ethereum — A Look at the Top 5 NFT Floor Prices
12.3.2022
Non-fungible token (NFT) assets have been very popular for well over 12 months and a great number of collections have skyrocketed in value. While interest in NFTs has slid to a four-month low according to Google Trends search queries, a vast quantity of NFTs are still selling for hundreds...
Biggest Movers: XRP Rises 7%, While LUNA Falls by the Same Amount
12.3.2022
Although cryptocurrency markets started the weekend lower, XRP was able to avoid the red wave, rising by as much as 7% in the process. LUNA on the other hand was lower, with ANC also down close to 10%. Ripple (XRP) XRP rose to its highest level in almost one month on Saturday, as the world’s...
Bitcoin Exchange Reserves Drop to Lowest Point in 3 Years
12.3.2022
The number of bitcoin held on exchanges has continued to drop in recent times as the metric suggests crypto advocates are pulling funds off of trading platforms for long-term holding. At the time of writing, 2.32 million bitcoin worth over $90 billion is held on centralized cryptocurrency...
Bitcoin, Ethereum Technical Analysis: ETH Remains Close to Support of $2,550 to Start the Weekend
12.3.2022
Ethereum was once again trading close to its support of $2,550 on Saturday, as crypto markets continue to consolidate. Following strong gains on Tuesday, BTC and ETH have both mainly traded sideways, as price uncertainty grips markets. Bitcoin Bitcoin is down just over 1% as of writing, as...
Crypto4Winners Looks to Offer a Unique Trading Platform With a Wide Range of Useful Features
12.3.2022
PRESS RELEASE. Crypto4Winners (C4W) strives to actively manage customers’ BTC, ETH, and USDT to offer them a source of consistent passive income by increasing the number of their respective crypto assets. To that end, C4W has several pools such as BTC Pool, ETH Pool, and Global Crypto Pool....
Western Union Suspends Operations in Russia, Belarus Over Ukraine War
12.3.2022
Remittance giant Western Union has joined other financial services companies supporting sanctions in response to Russia’s invasion of Ukraine. The decision will affect customers in the Russian Federation as well as those in Belarus, an ally of Moscow, backing its military operation. Western...
Terraform Labs Donates 12 Million LUNA to Luna Foundation Guard
12.3.2022
Terraform Labs, the company behind the creation of Terra, has announced a new donation to support the ecosystem of the terra (LUNA) token. Do Kwon, CEO of Terraform Labs, announced that the company has donated 12 million LUNA (approximately $1.2 billion) to the Luna Foundation Guard (LFG) with...
Zapala Free Zone to Offer New Opportunities to Bitcoin Miners in Argentina
12.3.2022
The Zapala Free Zone, an area located in Neuquen, Argentina that has the objective of incentivizing various productive activities, will receive its first bitcoin mining-related investment this year. The company that will create the power infrastructure for the mining farm aims to generate more than...
Canadian Police Seize Bitcoin Worth $28 Million From Former Government Employee in Ransomware Case
12.3.2022
Canada’s police have seized bitcoin worth more than $28 million from a former government employee who has been extradited to the U.S. to “face charges for dozens of ransomware attacks resulting in the payment of tens of millions of dollars in ransoms.” Canadian Authority Seizes...
AMC Theatres Now Accepts Dogecoin and Shiba Inu Crypto Payments
12.3.2022
The world’s largest movie exhibition company, AMC Entertainment, has finally begun accepting payments in dogecoin and shiba inu. Supporters of DOGE and SHIB have been waiting for AMC Theatres to accept the two meme cryptocurrencies since September last year. AMC Customers Can Now Pay With...