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Crypto Donations for Ukraine Reach a New High

Over the last few weeks, Live Bitcoin News has been carefully and closely monitoring Russia’s invasion of Ukraine. We have reported the high number of bitcoin and crypto donations the country has received, which are now allegedly being used to support Ukraine’s military and give people the supplies they need to fight back. Ukraine Keeps Getting Digital Money Not long ago, Ukraine was reported to have earned as much as $12 million in crypto donations. Now, it appears the...

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Diagnoal Scores $2.5M Funding Led by Coinbase Ventures, Messari’s Ryan Selkis

Non-custodial protocol, Diagonal Finance has announced a $2.5 million pre-seed round. The main objective of the platform is to make the subscription process seamless for companies focused on Web 3. Capital Infusion According to the official blog post, the funding round was led by Mechanism Capital. Other investors, such as Coinbase Ventures, MetaCartel Ventures, The LAO, Founder Collective, Angel DAO. Messari’s Ryan Selkis, The Daily Gwei’s Anthony Sassano, were among the...

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LUNA Now Second-Biggest Network In Terms of Staked Value

As Terra ascends the ranks of the top ten cryptocurrencies, its popularity as a yield generator continues to soar. It is now the second most staked crypto by value, surpassing even Ethereum 2.0. Staking VS DeFi To be clear, this “staked” value does not refer to the “total value locked” in the DeFi protocols on various blockchains. Ethereum still dominates in this arena, with $110 billion locked out of the total $200 billion across all of DeFi.  Terra remains at a distant 2nd...

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Face Pay to Launch New Digital Currency

Face Pay Inc. – a firm that looks to help credit card companies avoid or eliminate third-party fees – announced it is unveiling its own cryptocurrency known as Face Pay Crypto. Face Pay Is Launching a New Crypto System The company made headlines roughly two years ago when it launched a new fixed-price subscription service. Now, the enterprise will be entering the digital asset market so customers can shop utilizing currencies like bitcoin, Ethereum, and similar altcoins....

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Retail Accumulation on the Rise as Small BTC Addresses at All-Time High

Retail investors seem to be returning on the bitcoin landscape, at least according to relatively small addresses. Such holding at least 0.1 BTC have marked a new all-time high, while wholecoiners are at a 10-month peak. Retail Investors on the Hunt? Data from the blockchain analytics company Glassnode shows the gradual growth of bitcoin wallets containing 0.1 or more BTC. As the graph below demonstrates, such entities skyrocketed during the 2017 bull run, when the retail...

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Swiss City Lugano to Make Bitcoin and Tether its Official De Facto Currency

Lugano, a city in southern Switzerland, has introduced Bitcoin and Tether in addition to its own LVGA Points token as legal tender. The initiative was backed by the collaboration between Tether Operations Limited, the tech company behind the largest stablecoin by market capitalization, USDT. Tether and the City of Lugano plan to work toward the shared goal of scaling the city’s blockchain capabilities and transforming Lugano into a major hub for European DLT adoption. Plan ₿...

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Tatum NFTs Express Allows Enterprises to Create NFTs Without Holding Crypto

[PRESS RELEASE – Brno, Czechia, 1st March 2022] Tatum, a blockchain development platform backed by Octopus Ventures, has introduced a first-of-its-kind feature for creating NFTs. Called “NFT Express,” the feature allows users to mint NFTs without having to use cryptocurrencies to pay for blockchain transaction fees or deploy smart contracts. This opens doors for enterprises worldwide, eliminating the substantial overhead costs, complexity, and security issues associated with...

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Ether läuft Bitcoin im Anlegerinteresse den Rang ab

Dass Ethereum und andere Kryptowährungen hinsichtlich Marktkapitalisierung und Handelsvolumen gegenüber der stärksten und ersten Währung Bitcoin aufholen, ist bekannt. Die Sutor Bank hat die Entwicklung des Handelsvolumens nun durch eine Auswertung der eigenen Handelsdaten des Jahres 2021 analysiert und näher quantifiziert. Kunden, die bei den Sutor-Partnern investieren, haben nur ein Anlageinteresse, weil sie die erworbenen Währungen nicht anderweitig einsetzen können. Die Zahlen geben daher...

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USA’s DFS to Use Blockchain to Strengthen Sanctions Enforcement Against Russia

The Department of Financial Services (DFS) will use blockchain analytics technology to build strengthen the enforcement of the sanctions against Russia. Specifically, the effort will be to detect if Russian individuals try to bypass the imposed penalties. Blockchain Technology to Help Monitor Sanction Enforcement The Department of Financial Services oversees numerous key programs and initiatives concerning the monetary sector. As a result of the growing conflict in Ukraine,...

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Le plan B de Lugano (Suisse)

Lors d’un événement diffusé aujourd’hui en direct, la municipalité de Lugano, située au sud de la Suisse dans le canton du Tessin, a annoncé qu’elle permettrait désormais à ses administrés de payer leurs taxes et leurs factures en bitcoin et en Tether (un stablecoin répliquant l’USD). Elle souhaite par ailleurs encourager toutes les entreprises de la ville à utiliser des cryptomonnaies pour leurs...

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