eu

28

Feb

EU Commission to remove Russian banks from SWIFT cross-border network

While condemning the Russian president Vladimir Putin’s move to lay siege across Ukraine, the EU Commission committed to undertake a series of measures to isolate Russia from the international financial system. The European Commission announced to remove a number of Russian banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) messaging system, aimed at hindering Russia’s […]

BTC Chart

28

Feb

Non-zero BTC addresses hit all-time high of 40 million

The supply-side dynamics of the Bitcoin network continue to demonstrate strong adoption as there are now more addresses with a positive BTC balance than ever before. On-chain statistics through February have suggested positive sentiment for Bitcoin as addresses with a non-zero balance of BTC reached an all-time high. Additionally, those wallets with a positive BTC balance are increasingly hodling[…]

crypto

27

Feb

Are crypto and blockchain safe for kids, or should greater measures be put in place?

Age verification and educations around the implications of blockchain technology should be enforced for minors dabbling in the crypto space. Crypto is going mainstream, and the world’s younger generation, in particular, is taking note. Cryptocurrency exchange Crypto.com recently predicted that crypto users worldwide could reach 1 billion by the end of 2022. Further findings show that Millennials — those[…]

eu

26

Feb

ECB president calls for crypto regulation in response to Russia potentially evading sanctions

“It’s so critically important that MiCA is pushed through as quickly as possible so we have a regulatory framework within which crypto assets can actually be caught,” said Christine Lagarde. Christine Lagarde, president of the European Central Bank (ECB), has called on lawmakers to approve a regulatory framework on crypto, hinting at potentially preventing Russia from getting[…]

soccer

26

Feb

Is there a future for digital fashion in the Metaverse?

With the rising popularity of the Metaverse, the digital fashion industry turns into a global empire, involving both the major luxury brands and retail consumers. Courtesy of Kat Taylor Cattytay, digital fashion appeared in 2017. However, we began to talk loudly about it only in 2020. It all began five years ago when Kat first made an Instagram post with[…]

bitcoin

25

Feb

Bitcoin price spike to $39K leads traders to say the panic is over for a few days

BTC and stock markets recovered some of their recent losses, leading traders to suggest that the panic selling could be “over for a few days.” Global financial markets and crypto markets were pummeled over the past 24-hours as the invasion of Ukraine by Russian forces sent investors scrambling and sell-offs took place across most asset classes. Data from CoinMarkets Pro and TradingView shows[…]

meta

25

Feb

Monster Energy files metaverse trademark applications

The beverage maker has filed a total of four trademarks with the United States Patent and Trademark Office. According to recent filings with the United States Patent and Trademark Office (USPTO), Monster Energy has four pending trademark applications related to the nonfungible tokens (NFTs) and metaverse realms.  The first trademark application consists of downloadable virtual goods comprised of,[…]

donation

24

Feb

$89M flows into Bitcoin funds despite looming conflict

CoinShares noted that despite “price weakness and perceived negative impact from the looming conflict in Eastern Europe,” digital asset investment products saw inflows totaling $109 last week. Amid a marketwide downturn across major crypto assets over the past week, institutional traders tipped almost $89 million into Bitcoin (BTC) funds. However, the money men failed to back Ethereum[…]

Venezuela

23

Feb

Bill to regulate crypto in Brazil for first time heads to Senate vote

The largest Latin American country could soon be the latest to regulate crypto, which lawmakers hope will increase its uses across the country. The Brazilian Senate is set to vote on a bill which would make the country the biggest in Latin America to regulate cryptocurrency. The crypto bill was unanimously approved by the Senate’s Economic Affairs Committee on[…]

BTC Chart

23

Feb

Bitcoin price could ‘probe lower’ as volumes dip and macroeconomic issues loom overhead

BTC price is holding slightly below $38,000, but analysts warn that mounting macroeconomic issues and a lack of buyers could lead the price to “probe lower.” Bitcoin’s sell-off appears to be taking a pause even though the United States rolled out new sanctions against Russia on Feb 22. Data from CoinMarkets Pro and TradingView shows that the price of Bitcoin (BTC) continues to[…]

ethereum

23

Feb

Puma registers ENS domain, changes name to Puma.eth on Twitter

The sports company added the ENS domain name to its growing collection of NFTs, joining Nike and Adidas in the metaverse. Puma is the latest in a growing list of major brands to purchase a decentralized URL and reveal their nonfungible token, or NFT, by changing their Twitter handle to Puma.eth. The German sportswear brand registered the domain name[…]

senate

22

Feb

CA lawmaker introduces legislation to accept crypto as payment for govt services

Politicians seeking to represent California at the state or federal level have made proposals seemingly favorable to crypto adoption. California State Senator Sydney Kamlager, representing the 30th Senate District, which includes parts of downtown Los Angeles, has introduced a bill that would amend the state’s code to allow for the acceptance of cryptocurrencies for certain payments. According[…]