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Phillips Auction Featuring Basquiat Painting Worth $70M to Accept Bitcoin, Ethereum Payments
2.3.2022
On May 18, the auction house Phillips will be hosting an evening sale featuring the work of the American artist Jean-Michel Basquiat. Phillips’ Evening Sale of 20th Century & Contemporary Art will auction Basquiat’s “Untitled, 1982” piece worth an estimated...
Airbnb Looking to Support Crypto While Focusing on Free Housing for 100,000 Ukrainian Refugees
2.3.2022
Airbnb confirms that it is looking to support cryptocurrency. The company has also offered to provide housing for up to 100,000 Ukrainian refugees. According to the European Union, about four million people may try to leave Ukraine because of the Russian invasion. Airbnb’s CEO Discusses...
Russian Sanctions May Test Crypto's Proposition
1.3.2022
A coalition of countries including the U.S. and European Union want to freeze the Russian central bank’s international reserves and lock (some) Russian banks out of the global financial system
Potential Fallout From War in Ukraine May Be Priced Into Crypto Market - Observers
28.2.2022
Russia’s invasion of Ukraine continues, and so do the discussions on how the worsening geopolitical, economic, and social factors may affect pretty much all segments of the wider society. Two crypto exchanges shared their views with Cryptonews.com on what may await the crypto market, and what...
Crypto firms may still face SEC penalties for self-reporting securities laws violations: Report
28.2.2022
SEC enforcement director Gurbir Grewal reportedly said the agency wouldn't be ignoring the funds or securities laws violations for crypto companies that come to them
India's Top Court Queries Government on Crypto, but May Not Expect a Response
28.2.2022
The question was asked during a bail hearing and a court order didn't say it needed an answer
Drilling at West Africa Abujar Gold Deposit Garners Over 503 Grams Per Tonne
28.2.2022
Ivory Coast or Côte d’Ivoire’s Tietto Minerals recently said it had drilled and extracted as much as 503.85 grams per tonne from 83 metres at its Abujar Gludehi deposit. The drilling result moves the miner another step towards production on what may become West Africa’s...
Bitcoin Resilient as Commodity Prices Inflate, Dollar Strength May Hurt
28.2.2022
The sustainability of bitcoin's gains is under question, as the escalating U.S.-Ukraine crisis has led to stress in the dollar funding markets
Ukraine Targets Russian Politicians’ Crypto Wallets as Russian Banks Are Cut From SWIFT
28.2.2022
Ukraine is now trying to expose cryptocurrency wallets used by politicians in Moscow amid warnings that Russia may employ digital coins to circumvent sanctions. The initiative comes as western allies agree to expel some Russian banks from SWIFT, the global interbank payments system. Government...
Elon Musk Hears Kyiv’s Call, Activates Starlink Service in Ukraine
27.2.2022
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...
Russia May ‘Nationalize’ Foreign Assets in Response to Western Sanctions, Medvedev Says
27.2.2022
Authorities in Russia may begin to seize funds of foreign nationals and companies that are in the country, former Russian President Dmitry Medvedev has indicated. His warning comes as the West continues to expend penalties imposed on Moscow over its military invasion of neighboring Ukraine....
Sanctions May Not Affect Russia’s Access to Crypto, Reports Claim
25.2.2022
As sanctions rain on Russia, following the Kremlin’s decision to invade Ukraine, media reports have suggested that they are unlikely to limit the country’s access to crypto assets. While the Russian elite may use them to circumvent restrictions, ordinary Russians are also likely...
Russian miners keep running, may see pivot to Bitcoin in response to sanctions
25.2.2022
With sanctions coming from the U.S. and allied NATO nations, it is unclear how the local BTC sector and the broader market will be impacted, however, Russian crypto mining appears to be operating smoothly for the time being
First Mover Americas: Bitcoin May Not Be out of the Woods Yet; Stablecoins' Bull Market Continues
23.2.2022
Bitcoin was trading flat to negative even as the European stocks and the S&P 500 futures got a slight tailwind
Veteran Trader Peter Brandt Warns Bitcoin’s Price Corrections Can Be Lengthy
20.2.2022
Veteran trader Peter Brandt has warned that bitcoin’s price corrections have taken many months in the past and it may take some time for the price of the cryptocurrency to hit another all-time high. He criticized bitcoin’s proponents for constantly hyping the crypto regardless of...
Ariva Looks To Offer Its Users A ‘Second Life’ Via Ariva Wonderland
18.2.2022
PRESS RELEASE. People from all across the planet miss being able to freely travel to new areas and other nations while the worldwide pandemic continues. Nevertheless, thanks to Ariva’s metaverse and VR-based initiative called Ariva Wonderland, users may enjoy a fully next-generation...
Russia Adopts Law Allowing State to Seize Illegal Funds, Digital Assets From Officials
18.2.2022
The State Duma of Russia, the lower house of parliament, has passed a law permitting law enforcement authorities to seek confiscation of illegally obtained funds from government officials, including cryptocurrency. The state may attempt to seize the assets through court if they exceed...
DeFi may turn to DAO governance to reduce regulatory risks in 2022: Report
18.2.2022
“If DeFi aims to reduce regulatory risk, the form of DeFi governance will gradually become a DAO,” writes KuCoin Labs in its annual report
Ethereum dominance may dwindle as competitors emerge: Morgan Stanley
18.2.2022
“Ethereum demand is tied more closely to transactions. Therefore, similar scaling constraints hurt Ethereum demand more than they suppress Bitcoin demand,” Morgan Stanley’s report reads
China Says it Has Closed all Crypto Exchanges – But Traders, Miners May Still Be Active
16.2.2022
The Chinese central bank – the People’s Bank of China (PBoC) – says that all crypto exchanges and peer-to-peer (P2P) trading platforms have now been closed down on the Mainland. But it appears the authorities are still fighting an ongoing struggle against crypto mining, with many advocates...