The past week went over the flag of war taking place in Europe following Russia’s invasion of Ukraine. All eyes were on the conflict while global markets and cryptocurrencies were as volatile as ever. Let’s start with Bitcoin. Last week this time, things were looking relatively calm for Bitcoin despite the ongoing war between Russia and Ukraine. At that time, major economic forces such as the EU and the US hadn’t yet enforced any serious sanctions as most of them were still...
Read More »Ukraine Now Accepts Dogecoin and Solana Donations
The first-ever memecoin Dogecoin and Solana joined the list of cryptocurrencies that people can donate to the Ukrainian government. Until now, the nation received contributions in Bitcoin (BTC), Ethereum (ETH), Polkadot (DOT), and Tether (USDT). Mykhailo Fedorov – Vice PM and Minister of Digital Transformation of Ukraine – revealed that people could now support the country’s defense by making Dogecoin and Solana donations. In his most recent tweet, he even asked Elon Musk...
Read More »Community Members Bashes Pixelmon For Poor In-game Art Quality
Despite the “FUD,” Pixelmon’s founder Syber says he isn’t going anywhere. The Pixelmon saga isn’t looking good. The well-funded NFT adventure game has received severe backlash from the community after a disastrous reveal. But who’s to blame? Is Pixelmon Really The Next Blue Chip? Back in December 2021, Syber – the user who founded the project – had declared that Pixelmon is the next blue chip. Fast forward to three months, the project’s founder says that the team needs more...
Read More »The Tezos Network and its Silent Growth Over the Past Year
With the substantial growth of the Ethereum network, numerous similar systems allowing smart contract deployment emerged trying to compete. While many of them kept outlining shining plans to become Ethereum killers, some remained silent and focused on growth instead of bragging rights. This seems to be the case with Tezos – a decentralized open-source blockchain executing peer-to-peer transactions that saw the light of day nearly four years ago. It has stayed below the radar...
Read More »Crypto Scams on Dating Apps on the Rise (Report)
The COVID-19 pandemic disrupted almost every single aspect of life. Since the physical contact between humans had to be reduced to a minimum, love dates and romantic activities became increasingly popular on dating applications. And while some people found their soulmates online, others turned into victims of cryptocurrency scammers who drained a significant chunk of their savings. One such example is the 33-year-old Tho Vu, who fell in love with a mysterious lover named Ze...
Read More »El Salvador’s Bitcoin-fueled Vet Hospital Opens This Week
Nayib Bukele’s administration announced that the veterinary hospital built by bitcoin profits will open on Saturday (February 26). The President revealed that each treatment will cost $0.25 worth of BTC. Not Just Daydreaming Apart from becoming the first county to embrace bitcoin as legal tender, El Salvador has also purchased the primary cryptocurrency on a macro-economic level. In October 2021, the government disclosed they will use its $4 million profit (at that time) from...
Read More »Team Behind Meta’s Diem Announces New Blockchain Project Called Aptos
The brains behind Meta’s former Diem project have unveiled plans to launch the blockchain network as a separate protocol with support for other web3 solutions. Also, the announcement includes a name change to Aptos. Former Diem Developers to Relaunch Protocol Some members of the now-defunct Diem blockchain project have teamed up and announced plans to proceed with the network’s development and deployment. The news was shared via a medium blog post published on Thursday...
Read More »Pantera Capital Explains Why Bitcoin Could Rally Soon
Despite the recent turbulence in the cryptocurrency market, Pantera Capital envisioned a surge in bitcoin’s price in the following weeks. According to the investment firm, ‘Tax Day’ could be one of the propellers. Moreover, the cryptocurrency industry might soon separate from traditional financial markets and start trading independently, the company added. Light in The Tunnel Bitcoin’s last several months have been quite bearish. While many proponents expected to see it...
Read More »Political Sanctions Against Russia and the Crypto Market’s Reaction
Western and Asian leaders have revealed more sanctions on Russia after its forces invaded Ukraine. Australia, New Zealand, Taiwan, the European Union, and Japan have all slapped Moscow with fresh embargoes on Friday, fiercely condemning the military aggression that’s unfolding in Ukraine. Amidst the crisis, Ukraine urged the West to ban Russia from SWIFT, the high-security network that expedites payments among some 11,000 financial institutions in over 200 countries. Earlier...
Read More »Senator Ted Cruz Explains Why He Is Bullish on Bitcoin Amid Canadian Controversy
The American politician serving as the junior United States Senator for Texas – Ted Cruz – said he is a bitcoin supporter because the authorities cannot control it. He opined that China imposed its total crypto ban for the same reason. In addition, he opposed Justin Trudeau’s Emergency Act, by which the Canadian government froze the assets of the Freedom Convoy protesters. Communists Don’t Like BTC Because They Can’t Supervise It The 51-year-old member of the Republican party...
Read More »