Bitcoin donations to Ukrainian NGOs and volunteer groups rose tenfold during 2021, the crypto analytics company said. Source
Crypto Donations to Ukrainian Activists Soared in 2021, With Russia Looming at the Border: Elliptic
Day: February 8, 2022
US lawmaker pushes for state-level regulations on stablecoins at hearing on digital assets
Whether regulations on stablecoins and digital assets should be addressed at the state or federal level was the topic of discussion among at least two U.S. lawmakers in a hearing for the House Committee on Financial Services. Speaking virtually at a Tuesday hearing titled “Digital Assets and the Future of Finance: The President’s Working Group on Financial Markets’ Report on Stablecoins,” North Carolina Representative and ranking committee member Patrick McHenry asked the committee to consider state-level regulatory frameworks in lieu of a comprehensive federal law on stablecoins. In response to…
Alfa Romeo Is Building NFTs Into Latest Hybrid Car to Record Vehicle Data
In the same media briefing, Alfa Romeo announced it would be pivoting to sell only electric vehicles by 2027. The company has struggled with its sales in recent years, selling fewer than 19,000 units per year each of the last three years. By comparison, Mercedes-Benz recorded over 60,000 sales in the fourth quarter of 2021 alone. Source
NFT Trading Card Game Skyweaver Wraps Yearslong Tech Build With Public Launch
“The overwhelming response has been that these players adore Skyweaver for its gameplay alone – the strategy, the depth, the graphics, the new mechanics, all of that. They also love the player-owned economy, and I’ve seen how it can help them realize the potential of NFT economies,” Sanders said. Source
Why Bitcoin Bulls Must Hold Current Position Or Risk A Drop To $36,000
Bitcoin has now solidified its position in the bull trend. With each recovery trend has come a risk of reversal though, which makes a strong point for bulls to continue to hold the value up. In times like this, a small slip-up can end up being devising for the value of the asset causing it to cascade down into another stretched out downtrend. However, if bulls are able to hold above this point, then bitcoin may well and truly enter into another raging bull market. Why Current Position Is Important…
Increased NFT Demand Triggers Tezos Transactions And Smart Contract Activity
Recently, the Tezos network has been experiencing progressive growth in its smart contract addresses and adoption for the past 12 months. This is majorly linked to non-fungible tokens as the primary driver for the increase. Hence, with the move, Tezos stands as viable competition to Ethereum in terms of NFT minting and its markets. Non-fungible tokens, NFTs, are recently gaining more attention within different sectors. More businesses and even celebrities embrace this digital asset for various reasons that satisfy their purposes. From creating expressions and awareness to generating non-profitable funds…
Mining Round Table [Ep. 08] – Mining Rig Fire, New Mining Hardware, Upcoming Channel Changes
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In today’s episode of Mining Round Table, Join Red Fox Crypto, ChumpChangeXD and The Hobbyist Miner as they discuss Crypto Mining Farm Fires, New Mining Hardware Purchases and Upcoming Crypto Mining Channel changes coming down the pipe line. The group discuss what GPU Mining Hardware they have been purchasing recently, What GPUs they are purchasing in the current market and more! Some great conversation kicks off discussing Immersen Mining, Helium Miners, FPGA Purchases and finally Goldshell DogeCoin Miners. Todays episode is full…
Brazilian Asset Manager QR Launches First Local DeFi ETF
QDFI11 was listed on the Brazilian stock exchange, B3, and tracks the Bloomberg Galaxy DeFi index. Source
US Officials Seize $3.6B in Bitcoin From 2016 Bitfinex Hack
Some 120,000 BTC was stolen in the 2016 hack, then worth around $60 million and representing nearly one-sixth of the total trading volume at the time. At today’s prices, the total amount of bitcoin stolen is valued at $4.5 billion, but the DOJ only seized about 94,000 BTC valued at $3.6 billion. The DOJ release alleges the two conspired to launder these proceeds and heavily implies, but does not claim, they were the original hacker(s). Original
Bybit partners with Cabital to offer EUR and GBP fiat onramps
Today, Singapore-based crypto exchange, Bybit, announced a new partnership with digital assets institution Cabital for EUR and GBP on-ramp integration. Bybit crypto exchange platform users can now use EUR and GBP to buy cryptocurrency directly on the system through Cabital’s fiat on-ramp solution, with no transfer fees between their Bybit and Cabital wallets. According to the release, Cabital’s fiat-to-crypto on and off ramp service allows Bybit customers to purchase cryptocurrencies at reduced gas costs without having to leave the platform. Bybit is Cabital’s first partner to use its fiat on…