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Venezuela Might Be Affected by Russian Banks’ SWIFT Suspension


Analysts from Venezuela have expressed their worries about the expulsion of a number of Russian banks from SWIFT, an international messaging system that allows the interconnection of banks. These measures could affect the finances not only of Venezuela, but also of other countries in the region...

Elon Musk Hears Kyiv’s Call, Activates Starlink Service in Ukraine


Tech entrepreneur Elon Musk has announced that the Starlink satellite internet service has been enabled for Ukraine. The move comes in response to a request from the government in Kyiv which is trying to halt a Russian military assault that may disrupt communications, among other threats. Elon Musk...

Technical Analysis: AVAX Enters Crypto Top 10, as NEO, THETA Also Gain


AVAX climbed into the cryptocurrency top ten on Wednesday, following a three-day winning streak. Today’s move comes as THETA and NEO were also higher, despite the current market uncertainty. Biggest gainers Although the majority of the crypto top 100 was underneath a red wave, there were...

Bitcoin Rises with All Eyes on Ukraine, Fed’s Next Move


  The price of bitcoin (BTC) has been on the rise since the beginning of the week, with traders now keeping an eye on developments in Ukraine, as well as on the US Federal Reserve’s (Fed) next move to combat high inflation. At 10:26 UTC on Tuesday morning, BTC traded at USD 44,137, up 4.5%...

Russian Government Approves Plan to Regulate Cryptocurrency


The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework is expected to place cryptocurrency flows under state oversight, introduce strict obligations for market participants, and ensure investor protection. Russian...

AXS and SLP Move Higher as Axie Infinity Reveals Economic Revamp


  Popular blockchain-based mobile game Axie Infinity (AXS) has made economic adjustments for its upcoming season 20, drastically reducing the daily issuance of Smooth Love Potion (SLP) tokens which are earned as rewards. In the first place, the game has eliminated the adventure mode and the daily...

Ubisoft’s Latest Galaxy-Brain Move Is To Gift Scammy NFTs To Employees


Ubisoft’s ongoing NFT odyssey continues to bewilder and demoralize not just longtime fans but also its own developers. The company recently held another workshop aimed specifically at addressing the concerns of skeptical employees, yet also started giving out special NFTs to some members of...

Bitcoin and Ethereum Move Higher, Altcoins Surge


  Bitcoin price remained well bid above the USD 37,000 level. BTC started a decent increase and cleared the USD 38,000 resistance before moving lower again. It is currently (11:54 UTC) up around 3% in a day and is trading near USD 38,000.... Read More: Bitcoin and Ethereum Move Higher, Altcoins...

Hut 8's 'Ferrari of GPUs' Ready for Ethereum's PoS Move, Miner Open to M&A


  Contrary to smaller Bitcoin (BTC) and crypto miners, Canada-based Hut 8 would not be "really affected" by Ethereum (ETH)'s move to the proof-of-stake (PoS) consensus mechanism, as the miner is ready "no matter what," Sue Ennis, Vice President (VP) of Corporate Development and Investor Relations...

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