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March 2022

Andre Cronje Quits DeFi — 25 Services To Be Shut Down

Andre Cronje Quits DeFi — 25 Services To Be Shut Down

The “Godfather of DeFi” Andre Cronje has announced that he will be quitting the crypto industry for good, leaving 25 apps to an insecure fate.   Too much drama Via Twitter, Andre Cronje’s colleague at the Fantom Foundation Anton Nell announced yesterday that he will be leaving the DeFi space alongside Cronje, who deactivated his […]

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Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions

Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions

A popular destination for many Russians, Thailand is now looking for ways to facilitate their payments amid widening western sanctions over Moscow’s military invasion of Ukraine. Cryptocurrency is one of the options being explored by the tourism industry as Russian citizens now face financial restrictions. Authorities in Thailand Consider Accepting Cryptocurrency From Russian Visitors Talks

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Why central banks want to get into digital currencies?

Why central banks want to get into digital currencies?

With the utilization of actual money waning, especially following a time of lockdowns, premium has gone to national bank computerized monetary forms (CBDCs) again. More than 60 national banks have been investigating CDBCs starting around 2014, with a few as of now at the testing stage. Bank of Japan has begun a one-year preliminary of

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Russia warns of 0 oil, threatens to cut off European gas if West bans energy imports

Russia warns of $300 oil, threatens to cut off European gas if West bans energy imports

KEY POINTS “It is absolutely clear that a rejection of Russian oil would lead to catastrophic consequences for the global market,” Russian Deputy Prime Minister Alexander Novak said Monday in an address on state television. “The surge in prices would be unpredictable. It would be $300 per barrel if not more.” His comments come with

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VIRGINIA SENATE PASSES BILL ALLOWING STATE BANKS TO OFFER BITCOIN CUSTODY SERVICES

VIRGINIA SENATE PASSES BILL ALLOWING STATE BANKS TO OFFER BITCOIN CUSTODY SERVICES

A bill passed in the Virginian Senate allows banks to offer custodial services for bitcoin in either a fiduciary or non-fiduciary capacity once signed into law. The Senate of the Commonwealth of Virginia passes a bill allowing banks to offer custodial services for bitcoin and other cryptocurrencies. Banks will adhere to self-assessment criteria in order

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World of Women Teams Up With The Sandbox for M Inclusivity Push

World of Women Teams Up With The Sandbox for $25M Inclusivity Push

The new WoW Foundation will use the funding to invest in education and mentorship to increase female participation in Web 3 and the metaverse. The World of Women NFT project has teamed up with startup The Sandbox to launch a way to promote female inclusivity and representation in Web 3 and the metaverse. Dubbed the

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Binance Launches The Fiat-to-Crypto Gateway Bifinity

Binance Launches The Fiat-to-Crypto Gateway Bifinity

The leading crypto exchange by trading volume has launched a payment provider to help out with fiat-to-crypto transfers.   Bifinity will accelerate crypto mass adoption, says Helen Hai According to an official announcement on Binance’s blog, Bifinity will provide businesses with intuitive APIs to get them ready to scale up and start accepting crypto payments. Bifinity supports

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Crypto is Becoming the Lifeline for Ordinary Russians, Coinbase CEO Says

Crypto is Becoming the Lifeline for Ordinary Russians, Coinbase CEO Says

Meanwhile, as the war between Russia and Ukraine ravages, Coinbase CEO Brian Armstrong believes that cryptocurrencies are emerging as the lifeline for Russians as the nation faces heavy sanctions. Armstrong said: “Some ordinary Russians are using crypto as a lifeline now that their currency has collapsed. Many of them likely oppose what their country is doing, and a ban

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3 reasons why Bitcoin can rally back to K despite erasing last week’s gains

3 reasons why Bitcoin can rally back to $60K despite erasing last week’s gains

Several technical and on-chain indicators are flashing bullish despite the BTC price pullback below $40,000. Bitcoin (BTC) plunged to below $38,000 on March , giving up all the gains it had made last week, which saw BTC/USD rally over $45,000. BTC back below $40K as oil soars The losses appeared due, primarily, to selloffs across

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