Russia unlikely to turn to crypto if SWIFT sanction is imposed
Measures to detect sanctioned entities’ crypto transactions can come into play, experts say.
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Putin’s attack triples Ukrainian crypto exchange’s trading volume
Trading volume in Ukrainian crypto exchange Kuna has more than tripled by Friday since Russia invaded the Eastern European nation, according to CoinGecko data. See related article: Bitcoin, crypto market tank as Putin declares war on Ukraine Fast facts The 24-hour trading volume at Kuna was at around US$1.5 million on Thursday morning Asia time,…
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Terra bullish trend continues; rest of crypto top 10 in red
Terra LUNA is continuing its bullish trend from where it left off on Wednesday, up almost 7% to trade at $59.39 on Thursday morning, Asia time. Fast facts See related article: Is Terra — whose LUNA coin is now at another all-time high — really where the smart money is? The currency has been as…
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Binance’s investment in Forbes is a wake-up call for the crypto industry
When the world’s biggest crypto exchange acquires a major stake in the business publication it once sued for defamation, should we worry?
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Hedera gears up for smart contract upgrade, leads market rebound
Hedera’s HBAR is leading a crypto market bounce with a 14% surge over the last 24 hours to trade at US$0.2306 on the back of the HederaStarter launch announcement as the ecosystem preps for its smart contract era. See related article: Hedera Hashgraph provides provenance for data from Syrian war Fast facts HederaStarter is slated…
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Law can’t cover crypto losses, China court reiterates
The high court of China’s southeastern Guangdong province has ruled cryptocurrency investment activities are not protected by law, further clarifying that crypto is not a legitimate currency in the mainland. See related article: China customs seizes 49 second-hand crypto mining rigs for export Fast facts The Guangdong high court on Tuesday listed a crypto-related virtual…
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China customs seizes 49 second-hand crypto mining rigs for export
Dongguan customs in China’s southeast seized 49 second-hand Ant miners declared “shoe material” for export, at least the third seizure in February, state media reported on Monday. See related article: Kazakhstan busts 13 illegal Bitcoin mining farms amid power concerns Fast facts See related article: China to ‘outdate’ crypto mining industry with more restrictions
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Why digital assets are poised to disrupt philanthropy
Charitable giving in Bitcoin and other cryptocurrencies is growing by leaps and bounds. Michael B. Greenwald and Logan Weber explain the risks and benefits.
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India needs to make up its mind over crypto
Although India hoped that taxation would be a step toward regulation rather than a ban, the high tax rates and proposed rules seem to be geared toward dissuading crypto trading.