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Public Mint Suspends Deposits and Withdrawals in Russia and Belarus
28.2.2022
Multiple countries have imposed broad economic sanctions in response to the extraordinary events that followed Russia’s invasion of Ukraine. To meet these requirements or sanction orders coming from different countries, the Public Mint is temporarily suspending all fiat deposits...
Crypto Donations to Ukraine Near USD 20M
28.2.2022
At least USD 18.9m worth of cryptoassets has been donated so far to the Ukrainian government and the nongovernmental organizations (NGOs) providing support to the Ukrainian military after Russia launched an invasion of the country on February 24.
As of February 27th, 23:50 UTC, data accumulated...
What Is DeFi & Which Cryptos Should I Buy? FIREPIN Token (FRPN), Terra (LUNA), & Avalanche (AVAX)!
28.2.2022
It’s safe to say that decentralized finance, Non-Fungible Tokens (NFT), and cryptocurrency have become mainstream. Crypto and NFT discussions may be heard in most companies, bars, and schools. It’s a national phenomenon spanning from the United States to India, Turkey, and Nigeria....
Ukraine Targets Russian Politicians’ Crypto Wallets as Russian Banks Are Cut From SWIFT
28.2.2022
Ukraine is now trying to expose cryptocurrency wallets used by politicians in Moscow amid warnings that Russia may employ digital coins to circumvent sanctions. The initiative comes as western allies agree to expel some Russian banks from SWIFT, the global interbank payments system. Government...
Crypto Donations Pour in After Ukraine Government Asks for Bitcoin and Ether — $17 Million Raised so Far
27.2.2022
Ukraine has raised more than $17 million in cryptocurrency donations since Russia began its invasion. Over $10 million were donated directly to the crypto wallets posted by the Ukrainian government about 24 hours after the government solicited donations in bitcoin, ether, and tether. Crypto...
Russia May ‘Nationalize’ Foreign Assets in Response to Western Sanctions, Medvedev Says
27.2.2022
Authorities in Russia may begin to seize funds of foreign nationals and companies that are in the country, former Russian President Dmitry Medvedev has indicated. His warning comes as the West continues to expend penalties imposed on Moscow over its military invasion of neighboring Ukraine....
US Charges Indian Citizen in $3.4 Billion Crypto Ponzi Scheme Bitconnect
27.2.2022
The founder of the $3.4 billion crypto Ponzi scheme Bitconnect has been charged in the United States. “If convicted of all counts, he faces a maximum total penalty of 70 years in prison,” said the U.S. Department of Justice. Bitconnect’s Founder Could Go to Prison for 70 Years...
Analysts Warn of Regulatory Risks if Russia Is Able to Use Crypto to Evade Sanctions
27.2.2022
Russia could turn to cryptocurrency if it is banned from the SWIFT payments system. Analysts have warned that if Russia is able to use crypto to evade sanctions, “political support in the U.S. for crypto will fall and regulatory risk will rise.” Crypto Faces Regulatory Risks if Used...
KuCoin Exchange Named the Best Cryptocurrency App of 2022: Everything You Need to Know
26.2.2022
PRESS RELEASE. Leading personal financial services’ evaluator, the Ascent, named KuCoin crypto exchange the best cryptocurrency app of 2022. The Ascent is a flagship product of world-renowned private financial and investing advice company, The Motley Fool. Ascent rated KuCoin Exchange based...
Bitcoin, Tether, Ethereum Trade for Premiums in Ukraine, Hryvnia BTC Price $3K Higher Than Global Average
26.2.2022
After Ukraine’s central bank imposed a limit on cash withdrawals, Kuna, a cryptocurrency exchange that provides trades in ruble and hryvnia saw a notable surge in volume. Moreover, to this day, crypto-assets being swapped on Kuna such as bitcoin, tether, and ethereum are trading for...
China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims
26.2.2022
Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels...
Blockchain forensics is the trusted informant in crypto crime scene investigation
26.2.2022
As mainstream adoption of crypto increases, blockchain forensics is enabling law enforcement to recover stolen crypto, making the space more secure
Bitcoin, Ethereum Technical Analysis: BTC Climbs to $40,000 on Saturday
26.2.2022
Bitcoin and ethereum were both higher to start the weekend, as markets seem to have discounted recent volatility. BTC momentarily passed the $40,000 level, with ETH moving towards $2,800. Bitcoin As of writing, cryptocurrency markets are up by over 3% on Saturday, with bitcoin trading close to...
Crypto Companies Increasing Efforts To Help Ukrainians, Crypto.com and Blockchain.com Join In
26.2.2022
As Vladimir Putin pushes unrelentingly to overtake Ukraine, numerous segments of the wider society have stepped up to do what they can from their side to help the people of Ukraine, including crypto companies.
Just a couple of days ago, major crypto exchange FTX said it gave out USD 25 to each...
European Parliament to Cancel Vote on Crypto Assets Framework
26.2.2022
The European Parliament will not hold a planned vote on crypto regulations after texts that can be interpreted as an attempt to ban coins with energy-intensive mining sparked negative reactions. The lawmaker leading the legislative effort says the matter needs clarification before MEPs can have...
Coinbase’s Trading Volume Grew 8.5 Times in 2021 — With 89 Million Verified Users
26.2.2022
The Nasdaq-listed cryptocurrency exchange Coinbase says the number of monthly transacting users on its platform rose to 11.4 million at the end of 2021, which was more than four times the previous year. In addition, Coinbase’s trading volume grew more than 8.5 times from the previous year...
ERTHA Listing on ByBit
26.2.2022
Ertha Metaverse, one of blockchain gaming’s most talked about metaverses has today announced the listing of the ERTHA token on another of the crypto industry’s top exchanges – ByBit. With over 5 million registered users across the globe, ByBit is a fantastic fit for Ertha....
Bitcoin Donations Pour in to Help Ukrainian Military Fight Russia — Over $5 Million in BTC Raised
26.2.2022
Cryptocurrency donations have poured into a nonprofit organization that provides support to Ukrainian soldiers after Russia launched a large-scale attack on Ukraine. More than $5 million in bitcoin has already been raised. Meanwhile, the group’s fundraising page on Patreon has been abruptly...
Crypto Exchange Bitmex’s Founders Plead Guilty to Bank Secrecy Act Violations
26.2.2022
The founders of cryptocurrency derivatives exchange Bitmex, Arthur Hayes and Benjamin Delo, have pled guilty to violations of the U.S. Bank Secrecy Act. “As a result of its willful failure to implement AML and KYC programs, Bitmex was in effect a money-laundering platform,” said...
Goldman Sachs exec joins Coinbase: 'It's time to embrace the cryptoeconomy'
25.2.2022
Roger Bartlett is the latest in a line of Wall Street executives who have moved into the blockchain and crypto space