Search
Big Short Against Tether, CBDC Giweaway, New NFT Collections + More News
11.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Big Short Against Tether, CBDC Giweaway, New NFT Collections + More News
The Best- and Worst-Performing Coins in the Second Week of the Ukraine War
11.3.2022
Two weeks after the war in Ukraine started, the crypto markets continue to be volatile. Bitcoin (BTC) has seen unusually big moves both up and down, often moving in tandem with changes in the global risk sentiment. As usual, however, the biggest movers are altcoins, which have seen both strong...
Hedge Fund Fir Tree Makes ‘Big Short’ Bet Against Tether: Bloomberg
11.3.2022
The asymmetric bet limits the downside, but promises big profits if correct, say clients of the firm
Ukraine Tether Trading Volume Sees Strong Growth, Persistent Premiums
11.3.2022
Trading volume in the stablecoin tether (USDT) with Ukrainian hryvnia (UAH) is again seeing strong growth on crypto exchange Binance, with the volume on several days this week reaching and surpassing the level seen on the day the war started....
Read More: Ukraine Tether Trading Volume Sees...
Gold-backed cryptos are shining in 2022, market cap hits $1B for the first time
10.3.2022
PAX Gold did most of the weightlifting in pushing the gold token market cap above the $1 billion-milestone, outperforming Tether Gold
Kraken to Distribute USD 10M to Ukrainian Clients, Total Donations 'Close to USD 100M'
10.3.2022
United States-based crypto exchange Kraken has announced an "ambitious aid package" aiming to distribute USD 10m in bitcoin (BTC) to its Ukrainian clients.
Ukrainian users who created a Kraken account prior to March 9 will be eligible to receive USD 1,000 worth of bitcoin starting March 10...
CBDCs will not impact private stablecoin market, says Tether CTO
10.3.2022
Tether CTO Paolo Ardoino claimed CBDCs would primarily replace the old-age payment systems and utilize private blockchain as a modern and cost-controlled tech infrastructure
Crypto Trading in Russia Rises Again as Price Discounts Emerge
8.3.2022
Trading in bitcoin (BTC) and the stablecoin tether (USDT) is once again rising in Russia, with trading volume on both coins on Monday breaking their highs from the start of the war in Ukraine. Meanwhile, price discounts have emerged on Russian ruble (RUB) trading pairs, while Ukrainians...
Fundraising Platform Says It Raised and Distributed 2 Million USDT to Ukrainians
8.3.2022
A new fundraising platform whose objective is to help to raise funds for Ukrainians and the Ukraine military recently claimed to have raised 2 million of the stablecoin tether. Some of the donated crypto assets have been sent to the Ukrainian army and to a humanitarian fund that finances...
Law Decoded: Crypto in times of war, Feb. 28–Mar. 7
7.3.2022
The catastrophe unfolding in Ukraine will have long-lasting consequences for the crypto space, too
Crypto Market Sentiment Moves Up; BTC on Top, ATOM Sees Biggest Improvement
7.3.2022
Sentiment among crypto market participants rose over the last week, with major cryptoassets once again seeing the strongest sentiment. According to the market sentiment analysis service Omenics, the average 7-day sentscore for 10 major cryptos rose to 5.02 this week, up from 4.7 last...
Crypto Market Tries to Recover With Ukraine Negotiations in Focus; Gold & Commodities Rise
7.3.2022
Bitcoin (BTC) and several other major cryptoassets initially fell on Monday, before buyers showed up later in the trading day to offer relief. At the same time, the US dollar, gold, and a large number of other commodities continued on a surge higher, as a ban on Russian oil imports seem to be...
Whales' stablecoin buying power grew over 7% in one month: Here's what it means
7.3.2022
Whales with USDT holdings of $10,000 to $10 million added $1.06 billion worth of Tether to their wallets over the past month, increasing their buying power by 7%
Ukraine Crypto Donations Reach a Plateau; 40% of the Country's Military Suppliers Accept Crypto
7.3.2022
Crypto donations to Ukrainian causes have slowed down over the weekend, while reports revealed that roughly 40% of Ukraine’s military suppliers accept crypto payments.
The Ukrainian government and non-profit organizations providing support to the military raised less than USD 2m over...
Crypto Trading Volumes in Ukraine, Russia Fall After the Early War Spike
4.3.2022
Crypto trading volumes using Ukrainian hryvnia (UAH) as the fiat currency have fallen to nearly their normal levels, despite banking restrictions in Ukraine making fiat transactions in the region increasingly difficult. From Russia, however, crypto trades using the Russian ruble (RUB) still...
Ukraine Crypto Donations Exceed USD 63M
4.3.2022
In a robust sign of support to Ukraine amid the country’s invasion by Russia, the global crypto industry has donated in excess of USD 63.25m as of today, with donations made in bitcoin (BTC), ethereum (ETH), and a number of other cryptos.
Data from blockchain ecosystem security firm SlowMist...
The city of Lugano will accept Bitcoin, Tether and LVGA token as 'de facto' legal tender
3.3.2022
Residents of the Switzerland city will be able to pay taxes, parking tickets, public services, and tuition fees using crypto
Swiss City of Lugano Makes Bitcoin, Tether ‘De Facto Legal Tender’
3.3.2022
Bitcoin (BTC) and tether (USDT) will become “de facto legal tender” in the southern Swiss city of Lugano, as the city partners with Tether to become the “Bitcoin Capital of Europe,” Tether’s Chief Technology Officer (CTO) Paolo Ardoino said during an event hosted with Lugano city officials...
Swiss City of Lugano to Make Bitcoin and Tether 'De Facto' Legal Tender
3.3.2022
The announcement was made this afternoon at Lugano's Plan B event
Swiss city of Lugano to pay taxes in crypto via Tether partnership
3.3.2022
The ultimate goal is to accept crypto for payment of all goods and services in the city of Lugano, the city administration said