Crypto.com Announced It Is Backing Arcade
Josh Poole, Arcade CEO said, "Having support from Crypto.com Capital as the lead backer is a big deal for the future of GameFi. As one of the world's leading exchanges and drivers for crypto adoption, they educate newcomers into the crypto industry every day."
The Struggle of Crypto Games in AsiaUpon playing the game, players can exchange the NFTs or cryptocurrencies that were awarded to them in a marketplace.Q4 2021 volumes have gone up or down and how much? Josh Poole, Arcade CEO said, "Having support from Crypto.com Capital as the lead backer is a big deal for the future of GameFi.
Josh Poole, Arcade CEO said, "Having support from Crypto.com Capital as the lead backer is a big deal for the future of GameFi. As one of the world's leading exchanges and drivers for crypto adoption, they educate newcomers into the crypto industry every day."
The Struggle of Crypto Games in AsiaUpon playing the game, players can exchange the NFTs or cryptocurrencies that were awarded to them in a marketplace.Q4 2021 volumes have gone up or down and how much? Josh Poole, Arcade CEO said, "Having support from Crypto.com Capital as the lead backer is a big deal for the future of GameFi.
South Korean Exchanges Block Russian IP Addresses
South Korean crypto exchanges have joined Switzerland in targeting Russian account holders by blocking Russian Internet Protocol addresses.
Exchanges Gopax, Upbit, Bithumb, Coinone, and Korbit have placed restrictions on Russian addresses, barred customers in high-risk money-laundering countries based on the South Korean Financial Action Task Force principles, and prevented Russian account holders from liquidating their crypto holdings.Upbit, the biggest exchange in South Korea with respect to transaction volume, said it would begin refusing withdrawals by Russian IP addresses.
South Korean crypto exchanges have joined Switzerland in targeting Russian account holders by blocking Russian Internet Protocol addresses.
Exchanges Gopax, Upbit, Bithumb, Coinone, and Korbit have placed restrictions on Russian addresses, barred customers in high-risk money-laundering countries based on the South Korean Financial Action Task Force principles, and prevented Russian account holders from liquidating their crypto holdings.Upbit, the biggest exchange in South Korea with respect to transaction volume, said it would begin refusing withdrawals by Russian IP addresses.
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Binance Donates $2.5 Million in Crypto To Help Ukranian Children
Binance has just donated to help the children of Ukraine in their country's ongoing war against Russia, joining a growing wave of individuals within the crypto ecosystem who are giving money and taking a stand for the country's struggle.
Binance Charity, the non-profit charitable arm of Binance, announced a $2.5 million cryptocurrency donation to UNICEF. The goal is to help cover the organization's expenses as it supports Ukrainian children and families who have been affected by the war."The truth is, crypto is too small for Russia. If we look at the crypto adoption today, there is probably about 3% of the global population with some kind of crypto exposure.
Binance has just donated to help the children of Ukraine in their country's ongoing war against Russia, joining a growing wave of individuals within the crypto ecosystem who are giving money and taking a stand for the country's struggle.
Binance Charity, the non-profit charitable arm of Binance, announced a $2.5 million cryptocurrency donation to UNICEF. The goal is to help cover the organization's expenses as it supports Ukrainian children and families who have been affected by the war."The truth is, crypto is too small for Russia. If we look at the crypto adoption today, there is probably about 3% of the global population with some kind of crypto exposure.
Drake Loses Bitcoins Worth $275,000 after Betting in a UFC Match
The famous Canadian rapper, Drake lost his crypto bet worth roughly $275,000 in Bitcoin, which he placed on American professional mixed martial artist Jorge Masvidal.He put money on Jorge Masvidal, who was defeated by Colby covington in the UFC 272 grudge match.
On Saturday, a Seismic UFC 272 event was held at the T-Mobile arena in Las Vegas. Drake placed a bet on Masvidal, as believed that he would easily defeat his opponent Colby Covington and could get him over $700,000 through the winning bet.
The famous Canadian rapper, Drake lost his crypto bet worth roughly $275,000 in Bitcoin, which he placed on American professional mixed martial artist Jorge Masvidal.He put money on Jorge Masvidal, who was defeated by Colby covington in the UFC 272 grudge match.
On Saturday, a Seismic UFC 272 event was held at the T-Mobile arena in Las Vegas. Drake placed a bet on Masvidal, as believed that he would easily defeat his opponent Colby Covington and could get him over $700,000 through the winning bet.
Virginia Passes Bill Allowing Banks To Provide Crypto Custody Services
This week, the Virginia Senate unanimously passed a cryptocurrency bill, which would allow banks in the state to provide cryptocurrency custody services to their customers.
The bill, known as House Bill No. 263, was introduced by Delegate Christopher T. Head in January 2022, with the goal of obtaining an amendment that would allow authorized banks to provide cryptocurrency custody services."By codifying the ability for state-chartered banks to become custodians of cryptocurrency, this will make Virginia the first in the country to provide this ability to banks through legislation."
This week, the Virginia Senate unanimously passed a cryptocurrency bill, which would allow banks in the state to provide cryptocurrency custody services to their customers.
The bill, known as House Bill No. 263, was introduced by Delegate Christopher T. Head in January 2022, with the goal of obtaining an amendment that would allow authorized banks to provide cryptocurrency custody services."By codifying the ability for state-chartered banks to become custodians of cryptocurrency, this will make Virginia the first in the country to provide this ability to banks through legislation."
Switzerland Has Stated That It Will Impose A Restriction On Russian Cryptocurrency Assets
According to a Financial Times report published on Friday, the Swiss federal government intends to freeze crypto assets owned by Russian persons and corporations kept within Swiss borders.
According to Swiss Finance Minister Guy Parmelin, 223 Russians, including close colleagues of President Vladimir Putin, have had their bank accounts and physical assets frozen by Switzerland in the last week, according to the Financial Times.We are taking steps, particularly with regard to cryptocurrencies or crypto assets that should not be used to circumvent the financial sanctions imposed by the 27 EU countries.
According to a Financial Times report published on Friday, the Swiss federal government intends to freeze crypto assets owned by Russian persons and corporations kept within Swiss borders.
According to Swiss Finance Minister Guy Parmelin, 223 Russians, including close colleagues of President Vladimir Putin, have had their bank accounts and physical assets frozen by Switzerland in the last week, according to the Financial Times.We are taking steps, particularly with regard to cryptocurrencies or crypto assets that should not be used to circumvent the financial sanctions imposed by the 27 EU countries.
Visa’s embrace of crypto is starting to pay off
These days, virtually all financial services companies are bracing for technological disruption that promises to upend business as usual. Banks know that going branchless and online-only is the future, while brokerages are trying to “democratize” investing with easy-to-use trading apps and algorithm-based robo-advisors.
Visa is well aware of this. Despite a market capitalization of more than $500 billion, the payments behemoth is trying to reposition itself accordingly. In a world in which mobile wallets and real-time payments—from PayPal to the Federal Reserve’s instant settlement network—threaten traditional cash and card transactions.
These days, virtually all financial services companies are bracing for technological disruption that promises to upend business as usual. Banks know that going branchless and online-only is the future, while brokerages are trying to “democratize” investing with easy-to-use trading apps and algorithm-based robo-advisors.
Visa is well aware of this. Despite a market capitalization of more than $500 billion, the payments behemoth is trying to reposition itself accordingly. In a world in which mobile wallets and real-time payments—from PayPal to the Federal Reserve’s instant settlement network—threaten traditional cash and card transactions.
Goldman Sachs Will Now Offer Its Clients Ethereum Funds Via Galaxy Digital
Goldman Sachs will be offering its clients access to Ethereum Funds through Galaxy Digital’s Institutional Ethereum Fund. This was reported from the regulatory documents filed with the U.S Securities and Exchange Commission (SEC).
Goldman Sachs will be offering its clients access to Ethereum Funds through Galaxy Digital’s Institutional Ethereum Fund. This was reported from the regulatory documents filed with the U.S Securities and Exchange Commission (SEC).
Cryptocurrency Users Should Avoid Centralized Crypto Exchanges, According To Kraken’s CEO
Jesse Powell reacted to a video released on True North in which Chrystia Freeland stated that the authorities had frozen the crypto monies indicated by the RCMP, revealing that many more will follow suit.
The providers of financial services have been provided with the necessary regulations to implement.Jesse Powell reacted to a True North video in which Chrystia Freeland announced that the authorities have frozen the crypto money identified by the RCMP, implying that many more will follow suit.
Jesse Powell reacted to a video released on True North in which Chrystia Freeland stated that the authorities had frozen the crypto monies indicated by the RCMP, revealing that many more will follow suit.
The providers of financial services have been provided with the necessary regulations to implement.Jesse Powell reacted to a True North video in which Chrystia Freeland announced that the authorities have frozen the crypto money identified by the RCMP, implying that many more will follow suit.
Thailand Set To Become Crypto Paradise After Relaxing Crypto Tax Burden For Investors
In what is now a string of pro-crypto policies, the Thai government has decided to approve certain tax relief measures for the trading of digital assets as well as tax exemptions for funding start-ups.
In the statement, it was noted that the transfer of cryptocurrencies and digital assets on government-approved exchanges would be exempted from VAT. This policy would also apply to the country's CBDC. As disclosed by Mr. Arkhom Termpittayapaisith, Minister of Finance, and Mr. Santi Prompat, Deputy Minister of Finance, it was said that "This issue will allow Thai investors to trade digital assets on a reliable Thai exchange.
In what is now a string of pro-crypto policies, the Thai government has decided to approve certain tax relief measures for the trading of digital assets as well as tax exemptions for funding start-ups.
In the statement, it was noted that the transfer of cryptocurrencies and digital assets on government-approved exchanges would be exempted from VAT. This policy would also apply to the country's CBDC. As disclosed by Mr. Arkhom Termpittayapaisith, Minister of Finance, and Mr. Santi Prompat, Deputy Minister of Finance, it was said that "This issue will allow Thai investors to trade digital assets on a reliable Thai exchange.
Is That You Satoshi? Over $20,000,000 in Bitcoin (BTC) Suddenly Moves After Lying Low Since 2010
Whale Alert finds that the address, which was last active in October 2010, recently moved 489 Bitcoin worth over $20 million at time of transfer.
Public speculation tends to spark after large dormant Bitcoin wallets come alive as people start to believe the possibility that they contain Satoshi coins, or BTC belonging to the pseudonymous founder of the flagship digital asset, Satoshi Nakamoto.Several months ago, blockchain researcher Sergio Lerner estimated that Satoshi mined about 1.1 million Bitcoin, which could be worth over a whopping $40 billion at BTC's current price.
Whale Alert finds that the address, which was last active in October 2010, recently moved 489 Bitcoin worth over $20 million at time of transfer.
Public speculation tends to spark after large dormant Bitcoin wallets come alive as people start to believe the possibility that they contain Satoshi coins, or BTC belonging to the pseudonymous founder of the flagship digital asset, Satoshi Nakamoto.Several months ago, blockchain researcher Sergio Lerner estimated that Satoshi mined about 1.1 million Bitcoin, which could be worth over a whopping $40 billion at BTC's current price.
Whale moves $1.17 billion in BTC out of Coinbase as U.S. inflation soars
Did an institution just invest $1.17 billion in bitcoin (BTC)? It sure looks so judging by three crypto transactions moving massive amounts of BTC from a wallet held by Coinbase Pro, to an anonymous bitcoin wallet. The three transactions were detected by the popular crypto tracking service Whale Alert and announced in a series of tweets.
Did an institution just invest $1.17 billion in bitcoin (BTC)? It sure looks so judging by three crypto transactions moving massive amounts of BTC from a wallet held by Coinbase Pro, to an anonymous bitcoin wallet. The three transactions were detected by the popular crypto tracking service Whale Alert and announced in a series of tweets.
Anyone Helping Rich Russians Hide Assets Will Be Prosecuted, U.S. Warns
The Justice Department will investigate and prosecute people, banks, cryptocurrency exchanges and others that help rich Russians hide or launder their luxury assets and money, a senior department official said.
The actions will be undertaken by a new task force dedicated to freezing or seizing the assets of Russian oligarchs and others under sanctions, in response to Russia’s invasion of Ukraine.
The Justice Department will investigate and prosecute people, banks, cryptocurrency exchanges and others that help rich Russians hide or launder their luxury assets and money, a senior department official said.
The actions will be undertaken by a new task force dedicated to freezing or seizing the assets of Russian oligarchs and others under sanctions, in response to Russia’s invasion of Ukraine.