New York state ramps up blockchain monitoring to enforce sanctions
Blockchain analytics will help ensure that NY-licensed companies don’t send money to sanctioned Russians. Go to Source Powered by WPeMatico
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Dogecoin community donates $53K to Ukraine as country hints at upcoming airdrop
“Dogecoin, itself, is generally used for small transactions, but we are a caring and passionate bunch,” said Billy Markus, who said he sent funds to Ukraine. Go to Source Powered by WPeMatico
Analysts say bulls will aim for $48K now that Bitcoin’s ‘accumulation phase’ has begun
BTC price appears to be consolidating below $44,000, while analysts highlight $48,000 as the next short-term bull target. Go to Source Powered by WPeMatico
‘Help Ukraine’ Scams Appear as Country Seeks Crypto Donations, Report Reveals
Scams have started exploiting the desire of many in the crypto community to support Ukraine’s efforts to withstand Russia’s military assault and help its citizens endure the conflict. As the country is raising millions in bitcoin, a report has indicated that fraudulent schemes luring donors to “help Ukraine” with cryptocurrency are on the rise. Crypto … Read more
US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions
Jerome Powell said that the situation with Russia “underscores the need for really congressional action on digital finance, including cryptocurrencies.” Go to Source Powered by WPeMatico
Ukraine Adds Dogecoin to List of Accepted Cryptos, Prime Minister Asks DOGE Co-Founder and Elon Musk to Donate
According to a Twitter announcement stemming from Ukraine’s vice prime minister, Mykhailo Fedorov, the Ukrainian government will now accept dogecoin donations. Fedorov highlighted that meme assets like dogecoin are worth more than the Russian ruble and “even [memes] can support our army and save lives from Russian invaders.” Ukraine Vice Prime Minister: ‘Even Memes Can … Read more
EU will cut off 7 Russian banks from SWIFT, with ordinary Russians facing consequences
Inflation in the eurozone soared to 5.8% in February, well above the European Central Bank’s 2% target, amid a backdrop of escalating sanctions against Russia. Go to Source Powered by WPeMatico
Starlink Terminals Arrive in Ukraine as Elon Musk Makes Good on Promise
Spacex has managed to deliver Starlink equipment to Ukraine as promised by its founder, Elon Musk. The hardware will provide access to high-speed internet for users in the country, which has been experiencing disruptions in communications as a result of Russia’s military invasion. Ukrainians Get Starlink Internet Amid Ongoing Russian Offensive Ukraine has received a … Read more
War coincides with Bitcoin’s highest ‘real’ volume since early December
“Investors are speculating that crypto will become increasingly important apolitical and trustless money in a time of escalating geopolitical uncertainty, conflict, and capital controls,” Arcane Research wrote. Go to Source Powered by WPeMatico
Data Shows Ruble-Denominated Crypto Trading Has Spiked, RUB Represents Over 2% of USDT Trades
According to reports and data stemming from ruble-denominated crypto trading pairs, Russian citizens are flocking toward cryptocurrencies amid the conflict in Ukraine. Analytical data indicates that the ruble is the sixth most traded pair with tether and tether’s fourth most traded fiat-denominated pair globally excluding two crypto assets. Report Highlights Russian Rubles Pouring Into Tether, … Read more