Bitcoin shores up Ukraine fighters amid Moscow’s money meltdown
Top blockchain and crypto news: Digital currency battling Russian invasion. Ethereum remains NFT projects’ chain of choice. China to lock up crypto traders.
-
-
Animoca Brands halts services to Russians: report
Hong Kong-based Animoca Brands has shuttered its services to Russian users saying it is relying on legal advice that equates Western sanctions against Russian entities to the blanket sanctions against North Korea, Bloomberg reported on Wednesday. See related article: Binance may join sanctions imposed on Russian targets Fast facts “The legal advice we’ve been receiving…
-
Ukrainian Bitcoin ATM producer eyes Asia expansion
Ukrainian Bitcoin ATM developer Intellogate is expanding its services to Asia through a new partnership with two South Korean firms. See related article: Singapore crypto ATMs shut down to comply with central bank rules Fast facts South Korean blockchain service provider Publish and kiosk producer Lincrux signed a memorandum of cooperation with Intellogate to leverage…
-
Russia unlikely to turn to crypto if SWIFT sanction is imposed
Measures to detect sanctioned entities’ crypto transactions can come into play, experts say.
-
Digital yuan pilot attracts Chinese province bordering Russia
Heilongjiang province in northeastern China has joined the bid to compete with 10 other cities to become the next digital yuan pilot city, it announced on Monday. See related article: E-CNY chief says digital dollar poses no threat to China Fast facts See related article: Hong Kong makes apt testbed for e-CNY cross-border use
-
South Korea sees new metaverse ETF while forerunners lag in profit
NH-Amundi Asset Management listed its second metaverse exchange-traded fund (ETF) Tuesday that will specifically invest in metaverse-related companies in the U.S. See related article: Hong Kong gears up for its first metaverse ETF Fast facts The HANARO U.S. Metaverse iSelect ETF follows 20 key players in the U.S. metaverse, virtual and augmented reality, and the…
-
BIT Mining ditches Kazakh data center due to rocky power supply
BIT Mining, a Hong Kong-headquartered cryptocurrency miner, has terminated its data center construction in Kazakhstan due to an unstable local power supply, the company said in its quarterly report. See related article: Crypto mining’s Great Migration continues — out of Kazakhstan Fast facts BIT Mining now abandons a US$9.3 million pledge to a Kazakh data…
-
Buyers snap up Olympics panda NFTs
Animoca Brand’s nWayPlay sold out second batch of Bing Dwen Dwen mascot NFTs on Thursday as prices of first set fetched 900% in average resale value.