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Russian Finance Ministry Rules Out Sale of Oil for Bitcoin


The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto...

Bitflex Commences BETA Testing With Zero-Trading Fees


PRESS RELEASE. Seychelles, June 20, 2022 – Bitflex Inc. (the “Company,” “we” or “our”), a blockchain technology company in the global market, today announced that the Company will commence BETA testing of its cryptocurrency exchange and plans...

Solend DAO is Increasing Voting Time and Invalidating SLND1


Solend DAO has undergone quick modifications in recent months. Despite introducing SLND1 fairly recently, the project received harsh criticism from its users. The venture has decided to address the concerns by introducing SLND2 actively. The DAO released an official post informing community members...

OraiDEX Announces ORAIX Tokenomics and Launch Date


The decentralized exchange OraiDEX finalized the launch details of its native governance and utility token ORAIX. After much deliberation with the community, the team has designed a deflationary ecosystem for the token. The listing will take place on June 22 on the OraiDEX platform. OraiDEX is...

Tesla CEO Elon Musk Confirms He’ll Keep Buying and Supporting Dogecoin


Tesla and Spacex CEO Elon Musk has reaffirmed his commitment to dogecoin (DOGE). He confirms that he will keep buying and supporting the meme cryptocurrency. The price of dogecoin climbed following his statements amid a crypto market downturn. Elon Musk Reaffirms Commitment to Dogecoin Tesla...

Binance Suspends Direct Deposits and Withdrawals in Brazil


Binance announced this week that the direct withdrawal and deposits were suspended in Brazil. The exchange issued a statement where it announced that this was the result of a change in the payments partner in the country and that it will be taking legal steps against it. However, the partner states...

Sberbank to Conduct First Digital Asset Transaction on Own Platform


Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top executive revealed this week. The announcement comes after earlier this year, the bank was authorized to issue digital financial assets. Sberbank...

Ukraine Joins European Blockchain Partnership as Observer


Ukraine has been granted observer status in the European Blockchain Partnership (EBP). Officials in Kyiv hope the move will facilitate the implementation of blockchain technologies by the Ukrainian government and lead to the adoption of more efficient crypto regulations. Ukraine Advances Toward...

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