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Fundraising Platform Says It Raised and Distributed 2 Million USDT to Ukrainians
8.3.2022
A new fundraising platform whose objective is to help to raise funds for Ukrainians and the Ukraine military recently claimed to have raised 2 million of the stablecoin tether. Some of the donated crypto assets have been sent to the Ukrainian army and to a humanitarian fund that finances...
Coinbase to Block 25,000 Crypto Addresses That Are Linked to Russia
8.3.2022
Many countries have imposed sanctions on Russia after it declared war on Ukraine. These are ultimately crippling the financial ecosystem of Russia, making its economy bleed more than it can take. Visa and Master, for instance, have suspended their services. This has left entire Russia dependent...
Binance Fully Resumes EUR and GBP Deposits and Withdrawals via SEPA, Faster Payments
8.3.2022
Cryptocurrency exchange Binance has fully resumed EUR and GBP deposits and withdrawals via the SEPA payment network and Faster Payments Services (FPS). Binance is also offering all verified users zero fees for depositing EUR via SEPA and GBP via FPS to “celebrate the return of SEPA...
BRISE token soars to new highs after the official launch of BitGert Chain
7.3.2022
Crypto markets are down, but that’s not stopping BRISE price from tacking on a near thousand percent gain. Here’s why this new project is making waves
FCA reiterates power to 'suspend or cancel' crypto firms' registrations following Bifinity concerns
7.3.2022
Certain individuals and entities that are part of the Binance Group may now be considered “beneficial owners” of Digivault following the Bifinity and Eqonex partnership
Coinbase Blacklists Over 25,000 Crypto Addresses Tied to Russian Individuals and Entities
7.3.2022
The cryptocurrency exchange Coinbase has addressed the company’s procedures toward complying with sanctions in a blog post published on Sunday. The crypto firm says that respecting sanctions plays a “vital role in promoting national security” and the acts can help deter...
Binance to focus on crypto payments with new subsidiary Bifinity
7.3.2022
Binance’s new payment affiliate Bifinity will provide a $36 million convertible loan to the Nasdaq-listed digital asset firm Eqonex
Coinbase to Stall Banning of All Russian Client’s
7.3.2022
The Western front is uniting to force an economic war on Russia as it has been trying to invade Ukraine for the last couple of weeks. Ever since the war was declared, the mobility of cryptocurrencies has increased in Eastern Europe. Both governments and people alike are using cryptocurrencies like...
Report: Official Says Switzerland May ‘Target’ Crypto Assets Belonging to Sanctioned Russians
7.3.2022
Neutral Switzerland may target crypto assets within its territory that belong to sanctioned Russian entities, a report has said. The report quotes an official who explains that the move is designed to protect the integrity of the country’s cryptocurrency industry. The official, however...
Japan Looks to Stop Sanctioned Russian Entities From Transferring Crypto Assets
6.3.2022
As financial authorities around the world continue to target sanctioned Russian entities, regulators in Japan along with the country’s crypto association are attempting to find and close gaps that may be used to circumvent sanctions. The two bodies, however, have said they are not discussing...
Impermanent loss challenges the claim that DeFi is the ‘future of France’
5.3.2022
Investors are often lured to DeFi by the four-digit APYs on offer, but in many instances, impermanent loss actually siphons away any potential profits investors might have accrued
Coinbase CEO Says Ordinary Russians Use Crypto as a Lifeline as the Ruble Collapses
5.3.2022
The CEO of the Nasdaq-listed crypto exchange Coinbase says ordinary Russians are using cryptocurrency as a lifeline now that their own currency, the ruble, has collapsed. The executive also does not see a high risk of Russian oligarchs using crypto to avoid sanctions. Crypto Becomes a Lifeline...
Altcoin Roundup: JunoSwap, Solidly and VVS Finance give DeFi a much-needed refresh
4.3.2022
DeFi is undergoing a revival and this time, it’s happening on Ethereum network competitors
Top 4 Cryptocurrency Exchanges for Beginners
4.3.2022
Newcomers to the cryptocurrency industry need to find an exchange catering to their needs. Several companies are more open to novice users, whereas others focus on the needs of experienced traders. Striking a balance between the two creates a competitive advantage for any trading platform. ...
Binance Puts Restrictions on Cards From Russian Banks
4.3.2022
The stance taken by crypto projects earned greater importance in the war between Russia and Ukraine. Ever since the war was declared, the mobility of cryptocurrencies increased by a greater degree in the two countries currently engaged in the fight. The reports have shown that Bitcoin’s...
UK financial watchdog is investigating 50 unauthorized crypto firms
3.3.2022
The FCA said it had opened more than 300 cases into unregistered crypto firms in the last six months, "many of which may be scams."
Social Token GARI Gets Listed on Indian Exchange CoinDCX
3.3.2022
The first-ever social token created in India gets endorsed by CoinDCX. The native social token GARI from the short-video platform received one of the biggest announcements ever since its launch. The 7.5 million users of the social token will now be able to trade on CoinDCX. The coin’s...
South African Crypto Exchange Valr Raises $50 Million in Series B Funding Round
3.3.2022
South African cryptocurrency exchange Valr announced recently that it has raised $50 million in a Series B round led by Pantera Capital. The capital raise means Valr is now valued at a reported $240 million. Funds Raised to Finance Valr’s Expansion Into Other Markets The South African...
Bob Dylan goes meta as Sony and Universal partner with Snowcrash NFT platform
3.3.2022
Solana-based NFT marketplace Snowcrash will release NFT collections of Bob Dylan and Miles Davis later this year
US Senator Urges Regulators to Increase Scrutiny on Crypto as It Risks Undermining Sanctions Against Russia
3.3.2022
U.S. Senator Elizabeth Warren is worried that “cryptocurrencies risk undermining sanctions against Russia.” She urges financial regulators “to take this threat seriously and increase their scrutiny of digital assets.” Senator Elizabeth Warren Worried Russia Could...