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EU Data Act Proposes Shutdown Function for Smart Contracts


The European Union has published its new Data Act, a law proposal that aims to regulate the generation and handling of data by the actors that harness it. The act, in its large scope, touches on the subject of smart contracts and proposes that every smart contract should have a termination function...

Russian Consumers, Firms Feeling Impact of Sanctions as Ruble Keeps Diving


  Ordinary Russians are increasingly starting to feel the bite of Western-led sanctions, media reports from inside the country have indicated. The ruble fell once again today and, at the time of writing, is worth around USD 0.0090, or 26% less than on the day of the invasion of Ukraine (February...

Bitcoin and Ethereum Consolidate, SOL Inches Higher


  Bitcoin price made another attempt to clear the USD 45,000 resistance. BTC failed to gain momentum and is currently (11:58 UTC) consolidating gains above USD 44,100. If there is a downside correction, the price might test USD 43,200. Similarly, most major altcoins are stuck in a range. ETH...

South African Mobile Network Operator MTN Buys Land in the Metaverse


Mobile network operator MTN recently staked claim to its status as one of the first South African companies to enter the metaverse, after it purchased 144 plots of digital land in the virtual world Ubuntuland for an undisclosed amount. MTN Seeks to ‘Amplify Consumers’ Digital...

Animoca Bans Russian Users; Revolut CEO Condemns War, Matches Donations


  Animoca Brands, a digital entertainment company that develops and publishes a wide portfolio of blockchain games, traditional games, and other products, has banned all Russian customers from its services in response to the country's invasion of Ukraine. The crypto company is ostensibly...

Starlink Terminals Arrive in Ukraine as Elon Musk Makes Good on Promise


Spacex has managed to deliver Starlink equipment to Ukraine as promised by its founder, Elon Musk. The hardware will provide access to high-speed internet for users in the country, which has been experiencing disruptions in communications as a result of Russia’s military invasion. Ukrainians...

Venezuela Might Be Affected by Russian Banks’ SWIFT Suspension


Analysts from Venezuela have expressed their worries about the expulsion of a number of Russian banks from SWIFT, an international messaging system that allows the interconnection of banks. These measures could affect the finances not only of Venezuela, but also of other countries in the region...

Bitcoin and Ethereum Protect Gains, NEAR and RUNE Rally


  Bitcoin price remained supported above the USD 43,500 level and climbed above USD 44,500 before correcting lower again. It is currently (04:25 UTC) consolidating gains near USD 44,888 and is up almost 3% in a day. Similarly, most major altcoins are also facing hurdles. ETH broke an important...

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