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 removed. Crypto Donations Soar After Russia Invaded Ukraine One of the largest non-governmental
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 the U.S. Department of Justice. Bitmex’s Founders Guilty of Bank Secrecy
Popular mobile payment platform Cash App, developed by Jack Dorsey’s Block Inc., generated $10 billion in bitcoin revenue and $218 million in bitcoin gross profit in 2021. Compared to the previous year, the bitcoin revenue increased 119% while gross profit rose 124%. Cash App’s Bitcoin Business Block Inc., formerly Square Inc., released its Q4 2021
The European Central Bank president Christine Lagarde called for quick approval of crypto regulations as war and crypto become intertwined and moral quandaries appear. Authorities fear Russia could use digital assets to bypass the sanctions imposed upon them. Europe depends on Russia for 40% of its natural gas supplies and this has put expected Swift
Texas senator Ted Cruz has once again shown support for bitcoin. Bitcoin has been gaining popularity among the ruling class and more politicians are coming out in support of it. The Republican who holds a bullish stand on the digital asset has revealed why he supports the cryptocurrency. In a recent talk, Cruz laments issues …
U.S. Senator Ted Cruz Reveals Why He’s So Bullish On Bitcoin Read More »
PRESS RELEASE. LABEL Foundation recently gained authorization from one of South Korea’s main exchanges and a listing position with KRW (South Korean currency), the advancement has immediately followed after Clesson (the parent company) garnered equity capital from two significant investment firms with a strong presence in the local market. The aforementioned exchange was revealed as
News of the largest bug bounty ever paid out by crypto exchange Coinbase has been circulating. The bounty which was paid to a white hat hacker who found a bug in the exchange’s advance trading feature was paid $250,000. This can be a sizable amount for a bug bounty but users in the space have
Tourism is booming in El Salvador. Since September, when the Bitcoin Law went into effect, it’s up by “more than 30%.” Good news all around, right? But, how did the media react? How did they report on these numbers? We’ll find out after the quotes from Morena Valdez, Minister of Tourism, who told El Salvador
The blockchain-based virtual world Decentraland has announced the launch of a Metaverse Fashion Week that is scheduled to take place on March 24 – 27, 2022. According to the announcement, a large number of well-known fashion brands such as Dolce & Gabbana, Selfridges, Tommy Hilfiger, Jacob & Co, and more will be participating in the
Data shows more than $170 million in Bitcoin futures has liquidated over the past 24 hours as the price of the crypto makes sharp recovery above $38k. BTC Price Makes Sharp Recovery From Crash Due To Russia’s Invasion Of Ukraine Following the commencement of the Russian invasion of Ukraine yesterday, the price of Bitcoin took …
$170 Million In Futures Liquidate As Bitcoin Recovers Above $38k Read More »
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