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February 2022

USDT Sees Rise on Ukraine’s Kuna Exchange Following Russia Attack

USDT Sees Rise on Ukraine’s Kuna Exchange Following Russia Attack

The price of Tether’s USDT stablecoin soared to 36.97 Ukrainian hryvnias (UAH) ($1.23) on Ukraine’s Kuna exchange on Thursday. The rise in Tether’s USDT stablecoin Kuna exchange was due to the ongoing Russian invasion of Ukraine. In the past 24 hours, the total trading volume of all cryptos on the exchange amounted to about $4.4 […]

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Officials Attend First Lecture on NFTs at Major Turkish University

Officials Attend First Lecture on NFTs at Major Turkish University

Ankara University has become the first higher education institution in Turkey to organize a course on non-fungible tokens (NFTs). The freshly-launched lecture has been attended by high-ranking government officials, local media reported. Leading University in Turkey Begins Course on NFTs Ankara University has added a course on NFTs to its curriculum, becoming the first Turkish

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Crypto Market Crashes after Putin Announcing Military Operations against Ukraine

Crypto Market Crashes after Putin Announcing Military Operations against Ukraine

The cryptocurrency market is full of bearish sentiment right after Russia launched the latest military operations against Ukraine. Bitcoin, the leading cryptocurrency, plunged over 7.8%, trading at around $34.7K during the Asian trading session, according to CoinMarketCap. The downtrend of bitcoin has similarly affected other leading cryptocurrencies such as Ethereum (ETH), Binance coin (BNB), ripple (XRP)

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A Chinese financial regulator has issued a warning about the dangers of fraud in the metaverse.

A Chinese financial regulator has issued a warning about the dangers of fraud in the metaverse.

After eradicating crypto trading and mining in the country, the Chinese government’s next concern lies with the growing number of scams around metaverse projects. The Chinese Banking and Insurance Regulatory Commission issued a risk warning for the public against fraudulent metaverse projects. The notice highlighted how the buzz around metaverse had made it a primary

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Crypto companies are tempting top talent away from Big Tech to build ‘Web3’

Crypto companies are tempting top talent away from Big Tech to build ‘Web3’

KEY POINTS Crypto companies like Polygon and Circle are hiring top talent from Big Tech firms, enticing them with the pitch of working on the next “big thing” in tech — Web3. The Web3 movement proposes overhauling the internet in a way that would move online services over to decentralized technologies like blockchain. Tech executives

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1Password Adds 1-Click Credential Storage for Solana-Based Phantom Wallet Users

1Password Adds 1-Click Credential Storage for Solana-Based Phantom Wallet Users

The new collaboration is intended to make crypto security human-centric by simplifying login management and lowering the barrier to entry. Every year people lose access to their digital wallets due to poor key management. Now, 1Password, a popular secure password management platform, has teamed up with crypto wallet provider Phantom to help prevent this sort

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Puma registers ENS domain, changes name to Puma.eth on Twitter

Puma registers ENS domain, changes name to Puma.eth on Twitter

The sports company added the ENS domain name to its growing collection of NFTs, joining Nike and Adidas in the metaverse. Puma is the latest in a growing list of major brands to purchase a decentralized URL and reveal their nonfungible token, or NFT, by changing their Twitter handle to Puma.eth. The German sportswear brand registered the

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BRAZIL TAKES FIRST STEP TO REGULATE BITCOIN

BRAZIL TAKES FIRST STEP TO REGULATE BITCOIN

The Senate’s economic affairs committee unanimously approved a bill that seeks to regulate the day-to-day usage of bitcoin in financial transactions. The Brazilian Senate’s Economic Affairs Committee (CAE) approved a bill on Tuesday to acknowledge and regulate the Bitcoin and cryptocurrency markets in the country, according to an official statement. CAE’s unanimous approval of PL 3825/19 – a

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El Salvador’s Tourism Rises 30% After Bitcoin Became Legal Tender

El Salvador’s Tourism Rises 30% After Bitcoin Became Legal Tender

El Salvador’s tourism has grown more than 30% after adopting bitcoin as legal tender, according to the country’s ministry of tourism. “Cryptocurrency multiplies the opportunities to do business with more partners anywhere in the world,” the Salvadoran government explained. El Salvador’s Economy Boosted by Bitcoin Law The Salvadoran government has outlined some economic benefits resulting

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Barclays full-year net profit quadruples as corporate and investment bank booms

Barclays full-year net profit quadruples as corporate and investment bank booms

KEY POINTS Fourth-quarter net income attributable to shareholders came in at £1.12 billion, outstripping a mean forecast of £756.5 million, according to Refinitiv data. The figures marked a significant improvement from the £1.53 billion net profit reported in 2020 and £220 million in the fourth-quarter of that year, as the U.K. navigated fresh nationwide Covid-19

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