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” Crypto offers Russia no way out from Western sanctions “ With the concerns of Janet Yellen and Hillary Clinton notwithstanding, there isn’t enough cryptocurrency in the world to bail out Russia from the economic hole which it now finds itself to be settling into. Even if there were a large enough supply, it probably…
” How are crypto execs reacting to economic sanctions against Russia? “ As the West and America tighten their economic sanctions on Russia, concerns have emerged about how this will affect the cryptocurrency market. The country has been largely cut off from the SWIFT international payment system, and businesses in the United States and other…
” City-building startup Praxis secures $15M in Series A Funding “ Peter Thiel-backed city-building startup Praxis has raised $15 million in Series A funding from a variety of crypto venture firms led by Paradigm Capital, Sam Bankman-Fried’s Alameda Research, and Three Arrows Capital. Dryden Brown of New York University, and Charlie Callinan of Boston College,…
” Ethereum price consolidates near $2.8K as analysts say bulls prepare for a push higher “ Choppy market conditions dominated the cryptocurrency landscape on March 3 as the global economy continues to face challenges on multiple fronts and uncertainty about the future weighs heavily on asset prices. Data from Cointelegraph Markets Pro and TradingView shows…
” The city of Lugano will accept Bitcoin, Tether and LVGA tokens as ‘de facto’ legal tender “ Switzerland’s southern city of Lugano plans for many local businesses to accept some cryptocurrencies as “de facto” legal tender as part of a partnership with Tether (U. Speaking at the city’s Plan B event on Thursday, Tether…
” Swiss city of Lugano to pay taxes in crypto via Tether partnership “ The city of Lugano, the economic capital of Italian-speaking southern Switzerland, is adopting cryptocurrencies for tax payments as part of a new collaboration with the provider of the Tether (USDT) stablecoin. Tether Operations Limited, the blockchain-based platform that powers USDT, the…
“# Ukraine cancels token airdrop, reveals new NFT plans ” The vice prime minister of Ukraine informed the public on Wednesday that they have decided to cancel the airdrop for crypto donors that was announced on Tuesday and plans to raise more money through the sale of nonfungible tokens (NFTs) instead. After careful consideration we…
“# Japanese wealth manager Nomura to explore crypto and NFTs with new unit ” In a move that may suggest growing institutional interest in cryptocurrencies and NFTs, Nomura Holdings has announced it is establishing a new digital assets team to look into possible opportunities in the asset class. The wealth management company said that it was…
“# $45,000 Bitcoin looks cheap when compared to gold’s marketcap ” Bitcoin (BTC) pulled off an impressive double-digit rally this year, but the digital asset has been struggling to break the $45,000 resistance lately. This level does not hold any historical importance because it has been easily breached multiple times. The same can be said…
“# Dogecoin community donates $53K to Ukraine as country hints at upcoming airdrop ” With the price of the meme-based token Dogecoin (DOGE) higher than that of the Russian ruble, Ukraine opened to DOGE donations for the first time. Ukraine’s Minister of Digital Transformation Mikhail Fedorov announced on Wednesday that the token had “exceeded Russian…