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Ukraine Receives $13M Support From the Crypto Space


The Russian invasion of Poland is getting unprecedented attention from the crypto space. Last week, projects like Litecoin and CoinGatecom reached out to help the people of Ukraine. This week, the Ukrainian government announced wallet addresses to receive funds through Bitcoin, Ethereum, and USDC....

HOPR Receives $6 Million in Grants from Variety of Web3 Projects


HOPR is a little less than midway through their Hop on Board program, but they wanted to provide the world with an update on the rapidly growing HOPR ecosystem. They’ve been in detailed conversations with cryptocurrency projects at each and every layer of the web3 stack over the last several...

Bitcoin Tests USD 44K, Ethereum Nears USD 3K, LUNA and WAVE Outperform


  Bitcoin price broke the main USD 40,000 resistance to start a strong uptrend. It is currently (04:02 UTC) trading near USD 43,200 after briefly spiking to almost USD 44,200.  Similarly, most major altcoins are gaining bullish momentum. ETH was able to clear the USD 2,750 and USD 2,850...

Bitcoin Rises Above USD 41,000 for the First Time in Almost Two Weeks


  Bitcoin (BTC) broke above the USD 40,000 mark again today, after being rejected at the same level over the weekend. The major breakthrough comes on a strong day for both BTC and the broader crypto market, with most coins now in the green for the past 24 hours. At 16:43 UTC, BTC stood at...

AUD/USD Slips to 0.7150 with Escalation of the Russia-Ukraine Conflict


The AUD / USD index has shown negative growth by hovering around 0.7180, a 0.72% drop compared to the previous week’s trading. This can result from the market weakness surrounding Russia and Ukraine’s geopolitical instability. Even the Australian strong rally in macroeconomic data could...

Crypto Donations to Ukraine Near USD 20M


  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...

Russian Central Bank Ramps up USD Exchange Rate as Ruble Run Worries Mount


  Russia’s Central Bank is desperately trying to avoid a run on the fiat ruble in response to incoming sanctions measures from the EU, the United States, and their allies. And as the Ukraine crisis deepens, the bank has unleashed yet more extreme measures – which may eventually include freezing...

Luna Foundation Guard Raises $1Bn to Save UST Dollar Peg


The LFG (Luna Foundation Guard) recently raised over 1 billion dollars in its private token sale. The NPO was established with the aim to boost the development of the Terra framework. Now, the organization will use these funds to secure the peg of UST against market fluctuations. As the primary...

Zebec From Solana Manages to Raise $15 Million Through Venture Investments


Zebec, a web3 payment protocol, has managed to accumulate a staggering $15 million in the recent round of fundraisers led by Solana Ventures. The new and successful round on Solana has turned the eyes of investors towards this lucrative blockchain. However, this is not the only venture of Solana....

First Syndicated Loan for Alameda Research Surpasses USD 100M


  Maple Finance, an institutional capital marketplace focused on crypto, has issued its first syndicated loan in excess of USD 100m to Alameda Research, a quantitative trading firm and parent company of crypto derivatives exchange FTX. According to an announcement from Maple Finance, the loan...

Texas Man Sues OpenSea Over Stolen NFT, Asks for Over USD 1M in Damages


  Timothy McKimmy, the US man who says he had lost his non-fungible token (NFT) due to an issue related to OpenSea's user interface (UI) design, has filed a lawsuit against the NFT marketplace, alleging that the platform was aware of the issue but did not "timely put adequate safety measures...

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