February 25, 2022

Apple Discontinues Support for Sanctioned Russian Banks On App Store

ApplePay – Apple’s digital wallet service – is no longer providing support to Russian banks following sanctions from the United States and its western allies. Applications from Promsvyabank – a state-backed Russian bank – have also been removed from the App Store. Sanctioning Russia Apple’s removal of Russian financial services was reported by Russian news...
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Senator Ted Cruz Explains Why He Is Bullish on Bitcoin Amid Canadian Controversy

The American politician serving as the junior United States Senator for Texas – Ted Cruz – said he is a bitcoin supporter because the authorities cannot control it. He opined that China imposed its total crypto ban for the same reason. In addition, he opposed Justin Trudeau’s Emergency Act, by which the Canadian government froze...
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Cardano’s First Scaling Solution Based on ZK Rolloups to Support DeFi Innovation

The Cardano blockchain will have its first ZK rollup layer 2 solution – Orbis. The main objective is to support decentralized finance (DeFi) applications and a thriving blockchain ecosystem. A Wave of ZK Companies The official blog post by the team behind the protocol explained that Orbis offers the level of scalability and transaction throughput...
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Following The Ukraine Conflict: Ethereum Mining Pool Ceases All Services to Russia

The fifth-largest Ethereum mining pool – Flexpool – announced it will no longer provide services to customers in Russia. By doing so, the entity opposed Putin’s military operation and showed solidarity with Ukraine. The mining company became the first in its field to halt its endeavors on Russian soil. This comes a day after the...
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BASED VITALIK: Public Mint Now Live for Art101 IOS Newest NFT Collection

[PRESS RELEASE – Sheridan, United States / Wyoming, 23rd February 2022] Today Art101 launched their newest NFT Collection BASED VITALIK. Inspired by and based on the ever eccentric creator of Ethereum. A traditional portrait turned generative NFT, BASED VITALIK is a high-effort collection developed entirely in-house by the creators of Non-Fungible Soup. BASED VITALIK is...
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Is the $100K Target for Bitcoin(BTC) & $10K for Ethereum(ETH) Still Viable?

Bitcoin and Ethereum underwent a decent rebound since the early trading hours. And showcase the possibilities of going parabolic despite outpowering the fear of a plunge. Despite the current conditions being pretty uncertain, the upcoming days may witness steady growth. And as both are hovering just above these levels and aim to rebound finely after...
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Yearn Finance Deployed to Ethereum’s L2 Arbitrum

Yearn Finance, a DeFi protocol providing yield farming, lending aggregation, and other services, launched on another blockchain network – Arbitrium. Arbitrium is the largest Ethereum layer 2 blockchain, with about $3 billion in total value locked. It also has much lower fees, up to 10 times lower than Ethereum’s, the company pointed out. Moreover, popular...
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Crypto Council for Innovation Welcomes Gemini Into its Roster

Apart from Gemini’s addition, the council’s other prominent industry leaders Block (previously Square), Coinbase, Paradigm, Fidelity Digital Assets, Andreessen Horowitz, and Ribbit Capital. Gemini – The Latest Addition to CCI NY-based cryptocurrency custody and exchange, Gemini is all set to join the Crypto Council for Innovation (CCI) –  a global alliance of crypto industry leaders...
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Someone Donated $3 Million in BTC to Ukraine’s Charitable Organization in Support of its Military

According to Elliptic data, people have donated $400,000 worth of Bitcoin to the Ukrainian nongovernmental organization – Come Back Alive. The latter provides military equipment, medical supplies, and training services to the local army. In addition, today (February 25), a mysterious contributor donated 80 BTC to a charity organization supporting the Ukrainian army. Calculated at...
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This is Why Bitcoin’s Price Crashed to $35K on Robinhood Today

The broader cryptocurrency market saw a considerable recovery over the past hours following yesterday’s bloodbath that came in response to Russia invading Ukraine. Bitcoin managed to recover about $4,000 of its value, but it appears that popular retail trading platform Robinhood went through some challenges in this regard. Several people took it to Twitter today...
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Dogecoin Co-Creator Bashes Other Memecoins, Compares them to Ponzi Schemes

Billy Markus – Co-Founder of Dogecoin – is not keen on other memecoins. In his view, creators of such projects are “trying to get rich” on the back of individuals seeking quick profits. ‘Memecoins Aren’t Even Memes’ In his most recent tweet, Billy Markus – aka Shibetoshi Nakamoto – was not kind to other memecoins....
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BitMEX Arthur Hayes, Benjamin Delo Plead Guilty to Bank Secrecy Act Violations

The United States Department of Justice (DOJ) has revealed that the founders of the Seychelles-based cryptocurrency exchange BitMEX – Arthur Hayes and Benjamin Delo – had pled guilty of violating the Bank Secrecy Act (the BSA). The authorities said the derivatives trading venue was “in effect a money-laundering platform” due to its willful failure to implement...
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Will Ripple’s Triumph Against The SEC Be Determined By This Single Word Order?

  The crypto sphere amidst the current hassles prevailing from the tensity of geopolitical disputes. Has come across relief from one of its ails, which revolves around Ripple. However, a recent ruling from Ripple’s vs SEC lawsuit prevails in the favor of the defendants.  Advertisement Successively, Judge Analisa Torres in a recent order has dismissed the...
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Bitcoin (BTC) $ 68,364.32 0.92%
Ethereum (ETH) $ 2,425.51 1.75%
Tether (USDT) $ 0.999549 0.05%
BNB (BNB) $ 557.46 0.39%
Solana (SOL) $ 159.92 1.58%
USDC (USDC) $ 1.00 0.06%
XRP (XRP) $ 0.50759 0.46%
Dogecoin (DOGE) $ 0.162673 7.90%
Lido Staked Ether (STETH) $ 2,424.44 1.69%
TRON (TRX) $ 0.162664 1.58%