‘We don’t have time’ for traditional fundraising, crypto is most efficient: Ukraine DAO
With limited access to donations through traditional crowdfunding, cryptocurrencies and NFTs offer immediate help, Trippy Labs tells Forkast.
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USDT-RUB volume outpaces Bitcoin pair as Russia sanctions pile
The trading volume of the USDT-RUB pair spiked to a 10-month high and outpaced the ruble’s Bitcoin pair as international sanctions against Russia shake local financial stability. See related article: US asks crypto exchanges to comply with Russian sanctions: report Fast facts The daily trading volume of the BTC-RUB pair surged to over 3 billion…
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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…
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US asks crypto exchanges to comply with Russian sanctions: report
The U.S. is asking crypto exchanges around the world to prevent Russia from skirting sanctions imposed after it invaded Ukraine last week, Bloomberg reported. See related article: Binance may join sanctions imposed on Russian targets Fast facts The Biden administration is concerned that cryptocurrencies can be used to evade heavily regulated traditional financial systems. The…
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Crypto market gained $200B in the last 12 hours
The global cryptocurrency market cap recovered above US$2 trillion since dropping below the mark in mid-February, in a US$200 billion 12-hour run. See related article: Bitcoin, crypto market tank as Putin declares war on Ukraine Fast facts Bitcoin’s price jumped over US$2,000 in a 10-minute window from 6:30 am HKT Tuesday to mark a ceiling…
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Will Bitcoin and Ethereum make a comeback in 2022?
Russia’s war on Ukraine is battering crypto prices, but what does the more distant future hold for BTC and ETH? Fintech experts offer predictions.
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Ukraine crypto donations top $36M amid Russian invasion
Cryptocurrency donations to Ukraine through government and private channels have topped US$36 million as contributions continue to mount throughout the Russian invasion. See related article: Binance may join sanctions imposed on Russian targets Fast facts The Ukrainian government has received 113 BTC and 2,001 ETH, totaling almost US$10 million, as of press time. Binance has…
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Ethereum reaches 1 million NFT buyers as gas fees sink
The total number of unique non-fungible token (NFT) buyers on the Ethereum blockchain crossed the 1 million customers milestone on Sunday as the network’s gas fees slid to its lowest since August. See related article: Ethereum price expected to hit $7,609 in 2022: report Fast facts NFT sales on Ethereum increased by 36.06% in the…