Day: January 5, 2023

Ukrainian Pharmacy Chain Introduces Cryptocurrency Payments – Bitcoin News

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A major Ukrainian chain of pharmacies has started accepting cryptocurrency through Binance Pay. The new payment method will be available online, according to the company, which operates hundreds of drugstores across the war-torn Eastern European nation. Pharmacy Offers Ukrainians Option to Pay With Crypto Using Binance Pay Customers of the Ukrainian pharmacy chain ANC can now buy medicines and other items using a number of cryptocurrencies. The new payment option is accessible since Tuesday, the company announced, claiming it has become the first pharmacy chain in Europe to offer it.…

BONK Goes Bonkers With Over 200% Increase In Last 24 Hours

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Solana’s ecosystem found itself in knee-deep trouble caused by fear, uncertainty and doubt surrounding its connections with disgraced crypto exchange FTX. Since then, the ecosystem has been trying to distance itself from Sam Bankman-Fried with Messari even releasing a detailed overview of the ecosystem back in December 15.  But a new project called Bonk has been making headlines recently as it shot up in price in the past few days.  What Is BONK And What It Can Bring To The Solana Ecosystem According to Bonk’s official website, Bonk stands for…

Crypto firm Juno urges users to withdraw after ‘uncertainty’ with custody partner

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Fiat-to-crypto on-ramp solution provider Juno has urged its users to sell or self-custody the crypto on its platform citing “uncertainty” with its crypto custodian partner Wyre. In a Jan. 4 tweet, the platform explained it that it doesn’t hold any of its customer’s crypto, and relies on its “crypto partner” for those services. “Due to uncertainty with our crypto partner, we have taken preemptive action in the interest of our customers,” it wrote, adding it’s also actively reaching out to customers to ask them to self-custody. 2/ Juno as a…

Fanatic sells 60% stake in Candy Digital amid ‘imploding NFT market’

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Sports merchandise firm Fanatics is divesting its stake in nonfungible token (NFT) company Candy Digital as confidence in the asset class wanes. On Jan. 4, it was reported that Michael Rubin’s sports company Fanatics was offloading its majority 60% stake in the NFT startup. Fanatics was started in 2011 and has become a known name in sports merchandising and e-commerce, valued at $31 billion.  MLB ICON Leadoff NFT Collectibles, launched by Candy Digital in Apr. 2022 Source: MLB However, the crypto bear market has hit the NFT sector hard in…

Magic Eden to refund users after 25 fake NFTs sold due to exploit

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Nonfungible token (NFT) marketplace Magic Eden has pledged to refund all users who were duped into purchasing fake NFTs on its website as a result of an exploit. In a Jan. 4 statement, the company said a bug in its newly deployed “activity indexer” for its Snappy Marketplace and Pro Trade tools essentially allowed fake NFTs to skirt verification and get listed alongside genuine NFT collections.  Magic Eden said the exploit led to 25 fraudulent NFTs sold across four collections in the last 24 hours but is currently confirming whether…

Ethereum Price Looks Ready For Another Leg Higher Over $1,300

Ethereum was able to clear the $1,240 resistance zone against the US Dollar. ETH is showing positive signs and there might be a move above the $1,300 resistance. Ethereum is moving higher above the $1,220 and $1,240 resistance levels. The price is now trading above $1,220 and the 100 hourly simple moving average. There was a break above a key contracting triangle with resistance near $1,215 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise further if there is a clear move above the $1,300…