The typically neutral country has joined the EU and the US in imposing financial sanctions against Russians following the war started by President Putin. Moreover, the nation’s authorities have also gone after their cryptocurrency holdings within Switzerland’s borders. Ever since Putin launched its “special military operation”...
Ukraine’s NFT auction has come to a very profitable end: On Wednesday, the country raised $6.75 million worth of ETH after a three-day bidding process for an image of its flag. The bidding process began on February 26th, when the flag NFT was listed. It ended...
Non-custodial protocol, Diagonal Finance has announced a $2.5 million pre-seed round. The main objective of the platform is to make the subscription process seamless for companies focused on Web 3. Capital Infusion According to the official blog post, the funding round was led by Mechanism Capital. Other...
As Terra ascends the ranks of the top ten cryptocurrencies, its popularity as a yield generator continues to soar. It is now the second most staked crypto by value, surpassing even Ethereum 2.0. Staking VS DeFi To be clear, this “staked” value does not refer to the...
Sanctions from the West have been hitting Russia’s economy hard. But Japan’s financial regulator and the country’s industry body for cryptocurrencies is now looking to ensure that these sanctions are carried out effectively. It aims to do so by plugging loopholes and restricting the transfer...
The South American nation has seen economic struggles for years, whether prompted by hyperinflation or simply low salaries. Now, though, the president – Nicolas Maduro – announced a positive development for the locals in the form of an 18-fold increase in the monthly minimum wage. 18x...
Retail investors seem to be returning on the bitcoin landscape, at least according to relatively small addresses. Such holding at least 0.1 BTC have marked a new all-time high, while wholecoiners are at a 10-month peak. Retail Investors on the Hunt? Data from the blockchain analytics company...
The past week went over the flag of war taking place in Europe following Russia’s invasion of Ukraine. All eyes were on the conflict while global markets and cryptocurrencies were as volatile as ever. Let’s start with Bitcoin. Last week this time, things were looking relatively...
Namaste Tribe! WazirX is turning FOUR on 8 March 2022! We have come a long way since 2018 and want to thank you for always supporting us and making us the number one crypto exchange in India. To acknowledge your support and celebrate this milestone, here...
Lugano, a city in southern Switzerland, has introduced Bitcoin and Tether in addition to its own LVGA Points token as legal tender. The initiative was backed by the collaboration between Tether Operations Limited, the tech company behind the largest stablecoin by market capitalization, USDT. Tether and...