February 28, 2022

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February 28, 2022

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Are Blockchains Becoming Centralised? | Blockchain News

February 28, 2022

Since blockchains came into the limelight, critics have sprung up to downplay the importance of a blockchain-powered society. In these situations, blockchain evangelists resort to the ultimate argument that blockchain is decentralised and is, therefore, beneficial. According to the broader blockchain community, decentralisation is the greatest feature of the technology. Sure, Bitcoin may be a store of value, but its real value lies in its decentralised nature. Running on a decentralised system means Bitcoin is resistant to government censorship. Moreover, there are more participants in the network and multiple points…

Bitcoin network’s carbon emission jumped 17% after China ban: Report

February 28, 2022 boss

Bitcoin network’s proof-of-work mining consensus has been a topic of evironmental, social and governance (ESG) debates for a long time and a new study may only add to the growing controversy around BTC’s carbon footprint. A new research report titled “Revisiting Bitcoin’s carbon footprint” published in the peer-reviewed scientific journal Joules has highlighted that the Chinese crypto mining ban might not have contributed to the reduction in the carbon footprint of the Bitcoin network as propagated by many Bitcoiners, on the contrary, it has increased by 17%. China was the…

Binance to Donate $10M to Ukraine Refugees, Opens Crowdfunding Project

February 28, 2022

Binance says the money will be donated to NGOs on the ground to help refugees and children. Source

Bitcoin Resilient as Commodity Prices Inflate, Dollar Strength May Hurt

February 28, 2022

Bitcoin trades were steady as commodity prices rallied on Monday, hinting at higher inflation ahead. However, the resilience to the escalating Ukraine-Russia crisis may prove fleeting as demand for the U.S. dollar, the global reserve currency and one of the most liquid asset globally, is rising. Source

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February 28, 2022

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🌟 Metaverse evrenini en iyi projeler üzerinde deneyimlemek için hemen ICRYPEX’e üye ol: 📲ICRYPEX iOS & Android: 📲Huawei AppGallery: 🔴#Fed 14 Şubat’ta toplantı kararı aldı! Bu olağanüstü toplantıda kararlar korkutabilir mi? Fed #faiz kararı 0.5’e yakın korkacak bir şey yok fakat volatilite artabilir! 🔴Fed bilançosunu küçültmeye gidecek fakat nasıl yapılacağı bilinmiyor. 🔴#Bitcoin teknoloji hisselerinden yüzde 12 daha iyi performans gösterdi! 🔴#Bitcoin hashrate’inde yüzde 32’lik artış ile yeni zirve yaşandı! #BTC fiyat hareketi nasıl etkilşendi? 🔴#Rusya -Ukrayna savaşa mı giriyor? Bu gerginlik ekonomiyi…

Russian Banks Raise Key Rates to 20% in Desperate Measure to Save Ruble

February 28, 2022

The country faces sanctions from the West as the war against Ukraine transcends into economic and financial cripples. Source

War puts BTC price to the test — 5 things to watch in Bitcoin this week

February 28, 2022 boss

Bitcoin (BTC) starts a new week in the shadow of a new geopolitical conflict — what are the main hurdles that investors face? In what has become an unrecognizable macro-environment compared to even days ago, Bitcoin, like many other assets, is feeling the pressure. Russia’s invasion of and subsequent war against Ukraine is wreaking havoc on global markets, and developments can upend sentiment within hours or just minutes. The timing has hit Bitcoin, too — its “safe haven” quality is seeing a serious test, as investors look for safety and…

Central Bank of Russia Braces for Turmoil With Nonresident Trading Ban

February 28, 2022

Brokers will not be able to execute trades on Russian equities for non-residents as central bank prepares for a tumultuous market opening. Source

Ukraine Targets Russian Politicians’ Crypto Wallets as Russian Banks Are Cut From SWIFT – Bitcoin News

February 28, 2022 boss

Ukraine is now trying to expose cryptocurrency wallets used by politicians in Moscow amid warnings that Russia may employ digital coins to circumvent sanctions. The initiative comes as western allies agree to expel some Russian banks from SWIFT, the global interbank payments system. Government of Ukraine Seeks Info on Crypto Assets of Russian and Belarusian Officials Authorities in Kyiv have issued a call on social media for information about crypto wallets controlled by politicians in Russia and Belarus. On Saturday, Ukraine’s Deputy Prime Minister Mykhailo Fedorov announced on Twitter that…