Wharton professor says Bitcoin can overtake the US dollar
The US economy is being affected by the rising inflation levels, and people have been resulting to Bitcoin as a store of value. A professor at the Wharton School of…
EU, US Concerned Russia May Use Crypto to Avoid Sanctions
Quick take: Officials in the EU and US have expressed concerns that Russia might use cryptocurrencies to evade sanctions The EU is taking all measures to guarantee that digital assets…
South Korean Crypto Exchanges Restrict Russians’ Access Over War in Ukraine
Major South Korean cryptocurrency exchanges have introduced restrictions for Russian users, effectively joining western sanctions over Moscow’s military invasion of Ukraine. The measures include blocking IP addresses originating from the…
Bitcoin, Ethereum Technical Analysis: BTC Approaching $40,000 Support on NFP Day
Following three consecutive sessions of declines, BTC was fast approaching its support level of $40,000 on Friday, as markets prepared for February’s nonfarm payrolls report. This came as ETH also…
Infura Mistakenly Leaves Venezuelan Users Without Metamask Support
Infura, the service provider of Metamask, one of the most used smart contracts-based wallets, blocked the access of Venezuelans to the Ethereum blockchain. Reports about this happening circulated on social…
GAIMIN Poised for Significant Growth and Technology Advancement in 2022
March 6th sees GAIMIN enter its fifth and most exciting year: GAIMIN’s distributed data processing application which rewards users for participation in the network will be launched in April 2022.…
Korean blockchain experts seek the government’s help for digital asset market
The Korea Digital Asset Industry Committee meeting discussed crypto tax, DeFi markets, nonfungible tokens and metaverse during their meeting on Thursday. The Korea Digital Asset Industry Committee comprising of leading…
Google Trends data reveals that no one cared about metaverse or NFTs in 2022
Search interest for main keywords “metaverse” and “NFT” continues to drop since the start of the year. While the worldwide search interest for the keywords “metaverse” and “NFT” boomed in…
How crypto execs react to economic sanctions against Russia?
Most companies in the United States and other Western nations are no longer allowed to conduct business or exchange money with Russian banks. As the West and America tighten their…
UkraineDAO raises over $6M via NFT sale to aid Ukrainian citizens
One week into the Russia-Ukraine conflict, the team behind UkraineDAO announced their efforts will go to local NGO Come Back Alive. UkraineDAO, the decentralized autonomous organization created by Pussy Riot’s…
Metamask Accidentally Halts Services In Venezuela
Metamask abruptly halted its services in Venezuela last night citing compliance issues The sudden abruption in services prompted Venezuelans and Iranians to tag MetaMask on Twitter, seeking quick redressal to…
Ukraine Cancels Crypto Airdrop Amid $57M Crypto Contributions, Announces NFTs Instead.
In Summary Ukraine canceled its airdrop short before it was due. Instead, the country will release NFTs to support the Ukrainian Armed Forces. Ukraine has received over $50 million in…
Gluers: A Bridge Between the Decentralized and Centralized
Our economic system has been built and run by centralized technologies (emails, APIs, CRMs, e-commerce, ERPs, SQL databases, cloud computing). It changed when decentralized technologies arrived, enabling safe economic interactions…
Bitcoin mining difficulty drops for the first time this year
The difficulty adjustment for Bitcoin mining posted its first negative adjustment for 2021, dropping 1.5%. For the first time since November 2021, the Bitcoin (BTC) mining difficulty adjustment has dropped,…
Bitcoin returns to test $40K as macro factors pile up to squash BTC bulls
Bitcoin price action goes from $45,000 to $40,800 in 48 hours thanks to an increasingly volatile macro environment. Bitcoin (BTC) bended to new macro pressures on March 4 after bulls…