The official tweeter account of Ukraine asked for donations through cryptocurrency on Saturday, just days after Russia invaded their country. They chose Bitcoin (BTC), Ethereum(ETH), and Tether (USDT). Vice Prime Minister of the country, Mykhailo Fedorov, has confirmed that the call for donations was real and he asked people to “Stand with Ukraine.” Related Reading
U.S. Senator Ted Cruz says one of the reasons he is so bullish on bitcoin is because it is decentralized and not controllable. He added that “China recently banned bitcoin because they can’t control it, which is the exact same reason Elizabeth Warren hates bitcoin.” US Senator Bullish on Bitcoin U.S. Senator Ted Cruz from
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 by Russia to Evade Sanctions Amid growing
NFTs on Sotheby’s got… rugged? Not exactly, but there was an interesting set of events that occurred at the premier auction house over this week. Meanwhile, the Associated Press faced the heat over it’s latest NFT sale, OpenSea is dealing with more hurdles, and Rakuten is the latest to launch an NFT marketplace. It’s all
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 on factors like fees, selection of coins, customer reviews, KYC rules, security features and
An executive at Goldman Sachs is joining Coinbase after 16 years at the global investment bank. “It’s time to embrace the crypto economy,” he said, adding that the change is a “once in a lifetime opportunity to be part of building the next stage of the digital evolution.” From Goldman Sachs to Coinbase Roger Bartlett
The fear of missing out (FOMO) was at its peak as the price for Bitcoin rose above $40,000. The cryptocurrency started a nervous weekend at around $39,000 on Feb 26 after a one-day spike briefly noticed USD 40,000 return to fame just a day ago. After a day of high volatility, Bitcoin was relatively calm …
Bitcoin Surges to $40,000 After Breaking Key Resistance Read More »
China’s Supreme Court adds fuel to the fire after the Russian military attacks on Ukraine slipped the crypto market cap to 1.5 trillion. The court declares crypto-fundraising illegal and determines jail time and fines for suspected persons. To be clear, the new bill announced on Thursday is an amendment to previous legislative documents regarding cryptocurrency
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 a significant premium. Crypto in Ukraine Sees Premiums The ongoing
London-based blockchain analyst reported that a Ukraine volunteers group supporting the country’s army through equipment had obtained more than a $4 million crowdfund grant in the shape of Bitcoin since Russia attacked Ukraine on Thursday, February 24, 2022. Elliptic, a London-based blockchain analyst, already highlighted earlier this month that donations to the volunteer groups started
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