Category : Blockchain

Blockchain

EU Ensures Russia Cannot Bypass Sanctions thorugh Crypto, Says French Finance Minister Le Maire

French Finance Minister Bruno le Maire said on Wednesday that the European Union (EU) is looking for ways other than to impose EU sanctions on Russia, Reuters . The EU is currently imposing economic sanctions on Russia in three situations over Mos...

Ethereum Needs to Hold $2,800 for Sustainable Bullish Momentum

With Ethereum being treated like a stone's throw away from the psychological price of $3,000, its upward momentum continues to gain steam. The second-largest cryptocurrency based on market capitalization was up by 22.21% in the last seven days to h...

Crypto Market Cap Returns to $2 Trillion

Global cryptocurrency markets have rallied strongly in recent days in the wake of the Russian invasion of Ukraine, with Bitcoin's rising to $44,188 on Wednesday after falling to $36,370 last week. Other leading cryptocurrencies, including Ethereum,...

Federal Reserve Chair Powell Sees Interest Rate Hike this Month

US Federal Reserve Chairman Jerome Powell announced on Wednesday that the is set to begin raising interest rates this month as part of efforts to combat high inflation, strong economic demand, and a tight labour market. The Fed chair said that the...

LocalBitcoins Cuts Fees to Zero for Ukrainians Both Locally and Abroad

To ease transactions amongst Ukrainians as they face the Russian Army Invasion in their nation, the world’s leading peer-to-peer Bitcoin marketplace, LocalBitcoins, has all fees for them both locally and abroad. Based on its primary objective of r...

Payments Firm FIS Worldpay Taps Shyft Network, Enhance Global Crypto Regulation Compliance

FIS, a US multinational corporation that offers a wide range of financial products and services, on Wednesday announced that its subsidiary business, Worldpay, has selected the Shyft Network, as part of its commitment to help its merchants comply wi...

Animoca Brands to Halt Trading Services to Russian Users

Animoca Brands, a leading blockchain company and venture capital firm based in Hong Kong, announced on Wednesday that it would stop its trading services to Russian users in response to the invasion of Ukraine. Animoca further mentioned that besid...

MoonPay Lands $750K World of Women NFT in Christie's Auction

Digital currency payments startup, MoonPay, has come off as the lucky winner of an auction for a World of Women (WoW) Non-Fungible Token (NFT). Reportedly, acting on behalf of a , the WoW NFT #5672 was snapped up for £567,000 ($754,340) at the auct...

Ukraine Opens Channel for Dogecoin Donations Towards Relief Efforts

As the Russia-Ukraine war rages on, Ukraine has increased the number of digital currencies it now accepts from donors, particularly those in the cryptocurrency ecosystem. In a shared on Wednesday by Mykhailo Fedorov, the vice prime minister of Ukr...

Revolut CEO Breaks Silence on Russian-Ukraine War, Condemns Violence

The Chief Executive Officer of a digital banking app Revolut Nikolay Storonsky has condemned the Russian invasion of Ukraine, the first time he is publicly talking about the event. “For me, as for so many, the idea of a war between Russia and Ukrai...

Digital Currency Group Announces $250M Share Buyback from Crypto Trusts

Digital Currency Group (DCG), the parent company of Grayscale Investments, has announced a new share buyback program projected to be worth $250 million. As by the company, the buyback program will feature a wide range of the company’s trust produ...

Turkish Female Investors Shows More Crypto Knowledge than Male Counterparts, Study Shows

In Turkey, more women are investing and trading cryptocurrencies as their crypto curiosity tops that of men, to a survey by crypto exchange KuCoin. Per the announcement: “One of the key takeaways is how women in Turkey get involved in crypto...

Ethereum Foundation Releases Grants worth $750,000 to Fund ETH Research

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MIT Sees Ethereum’s PoS as Game Changing Tech

Ranked sixth among the top 10 technological breakthroughs of 2022, the Massachusetts Institute of Technology (MIT) Ethereum’s proof of stake (PoS) consensus mechanism as a game-changer that will prompt the adoption of energy-saving technology. Pe...

Ukrainian Government Accepts Polkadot DOT Donations, Expanding Crypto Donations Over $30M

Ukraine Expands over $30M worth crypto donation program by accepting Polkadot’s DOTs after the Russian Army Invasion. The Ukrainian government accepts DOT for the 11th-largest cryptocurrency by market capitalization, Polkadot, according to a statem...

Blockchain Payment Company Facepay Launches Facepay Crypto Service

Blockchain payments company Facepay Inc. announced Tuesday local time for the release of Facepay Crypto, bringing cryptocurrency payments to auto stores. Facepay Crypto will allow auto shops to accept , Ethereum and other cryptocurrencies directly...

Electric Capital Raises $1B to Invest in Crypto Startups

Palo Alto-based Venture Capital firm Electric Capital announced Tuesday that it has raised $1 billion to invest in the cryptocurrency ecosystem. to the official post on the startup’s blog, it confirmed that the capital would be used to fund a vari...

Provenance Blockchain Foundation Names Morgan McKenney as CEO

The Provenance Blockchain Foundation, a San Francisco based public blockchain network designed and developed to support financial service industry needs, on Monday announced the appointment of Morgan McKenney as the company’s CEO. In her role, McKe...

AMC Theatres to Accept Shiba Inu and Dogecoin by March 19

American entertainment and cinema brand AMC Theatres integrates Dogecoin (DOGE) and Shiba Inu (SHIB) as payment options for its services. As on Twitter by the company’s Chief Executive Officer, Adam Aron, the integration on the company’s website c...

Mastercard Pulls Russian Banks from its Payment Network

American payment services giant Mastercard has cut off Russian financial institutions from its payment network, a move it said is in compliance with the sanctions being meted by the United States government for the country’s role in the invasion of...

South Korean Billionaire Businessman Kim Jung-ju Passes away, Aged 54

News has emerged that Kim Jung-ju, a prominent South Korean businessman, investor, philanthropist, and founder of Korea’s largest gaming company, Nexon, died on Monday at the age of 54, according to the Korean Herald. Reports, citing Nexon’s holdin...

Barcelona FC Preparing to Launch its Own Cryptocurrency & NFTs

Barcelona Football Club, a major professional football club based in Barcelona, Spain, announced on Monday that it is planning to develop its own cryptocurrency and launch a variety of its NFTs (Non-Fungible Tokens). Joan Laporta, the President of...

FC Barcelona Preparing to Launch its Own Cryptocurrency & NFTs

Binance Exchange Makes Strategic Venture Investment in Malaysian MX Global