Lens
Altcoins
Vice Prime Minister Mykhailo Federov said on Thursday that Ukraine would cancel a crypto airdrop created to reward its donors that had been announced just one day before. Fast facts “After careful consideration we decided to cancel airdrop. Every day there are more and more people willing to help Ukraine to fight back the agression. […]
Jeanhee Kim
Regulation
The European parliament has scrapped wording from proposed legislation that would have banned cryptocurrencies that rely on the proof-of-work (PoW) consensus mechanism, like Bitcoin. See related article: How serious is the threat of Bitcoin mining to the environment? Fast facts The European Parliament member in charge of spearheading the bill known as the Markets in […]
Lachlan Keller
Altcoins
Ukraine’s Minister of Digital Transformation Mykhailo Fedorov on Tuesday thanked crypto companies by name for their financial support in their defense against the Russian invasion. Fast facts “I am grateful to @gavofyork, who made an impressive donation of $5M from @Polkadot $DOT. This will certainly contribute to the Ukrainian victory as well as support civil […]
Jeanhee Kim
Regulation
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 […]
Jeanhee Kim
Regulation
Measures to detect sanctioned entities’ crypto transactions can come into play, experts say.
Timmy Shen
Regulation
The European Commission announced Wednesday it will propose a bill in early 2023 to introduce a digital euro, according to a report by Politico. Fast facts The European Central Bank (ECB) is already experimenting with the digital euro and is expected to begin working on a prototype by the end of next year. A digital […]
Lachlan Keller
Bitcoin News
Ukrainian activists and volunteer groups are crowdsourcing significant money through crypto donations to fund the defense against a possible Russian invasion. Fast facts Ukrainian non-governmental organizations (NGOs) and volunteer groups have collectively received over US$570,000 in crypto, with the majority of funding coming in last year, data from blockchain analysis firm Elliptic shows. Come Back […]
Monika Ghosh
Regulation
Iceland, which is suffering from a power shortage, is reducing electricity to some industrial clients and turning away new requests for power from cryptocurrency miners, reported Bloomberg, citing a statement from national power company Landsvirkjun. Fast facts The Nordic island nation is now reducing power supply for heavy consumers, including aluminum smelters, data centers and […]
Timmy Shen
Regulation
Binance, the world’s largest cryptocurrency exchange by trading volume, is working to rebuild its operations in the U.K. after it was told to close down the business there back in June, the company’s CEO Changpeng Zhao, or CZ, told the newspaper the Sunday Telegraph. Fast facts CZ told the local press the company is making […]
Timmy Shen
Upcoming NFT Projects
The non-fungible token (NFT) frenzy has extended to the luxury wine and spirits industry. The Dalmore, best known for its Scottish whiskies, has partnered with BlockBar, an NFT platform for luxury liquor brands, to offer a limited-edition liquor NFT with a set of The Dalmore Decades No.4 Collection, the brand said in a Wednesday statement. […]
Timmy Shen
