Analysts Warn of Regulatory Risks if Russia Is Able to Use Crypto to Evade Sanctions

Russia could turn to cryptocurrency if it is banned from the SWIFT payments system. Analysts have warned that if Russia is able to use crypto to evade sanctions, “political support in the... Read more »

EU Commission to remove Russian banks from SWIFT cross-border network

The European Commission announced to remove a number of Russian banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) messaging system, aimed at hindering Russia’s capacity to carry out cross-border payments. ... Read more »

Floor Prices for High-Value NFT Projects Are Falling

Key Takeaways The floor prices of high-value NFTs have declined in February. Bored Ape Yacht Club NFTs have fallen almost 30%, and CryptoPunks are down 24% over the past month. Despite high-value... Read more »

US Charges Indian Citizen in $3.4 Billion Crypto Ponzi Scheme Bitconnect

The founder of the $3.4 billion crypto Ponzi scheme Bitconnect has been charged in the United States. “If convicted of all counts, he faces a maximum total penalty of 70 years in... Read more »

Users deride $70M NFT project Pixelmon following reveal of its ‘art’

Pixelmon, a non-fungible token (NFT) project that raised over $70 million earlier this month, has recently revealed the artworks for which users paid up to $10,000…and the crypto community has been having... Read more »

Are crypto and blockchain safe for kids, or should greater measures be put in place?

Crypto is going mainstream, and the world’s younger generation, in particular, is taking note. Cryptocurrency exchange Crypto.com recently predicted that crypto users worldwide could reach 1 billion by the end of 2022.... Read more »

China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims

Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying... Read more »

The NFT Community Is Rallying to Support Ukraine

Key Takeaways The NFT community is showing support for Ukrainian artists following Russia’s invasion. Many Ukrainian artists have seen their sales spike over the last 24 hours, and several leading NFT marketplaces... Read more »

Bitcoin consolidates after $40K surge as analyst eyes weekly higher low for BTC price

Bitcoin (BTC) began a nervous weekend at around $39,000 on Feb. 26 after an overnight spike briefly saw $40,000 return. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks gains but crypto “fear”... Read more »

4 ways Web3 will change the internet

Recently, top media platforms such as Facebook, Youtube, and Reddit have announced news and initiatives related to Web3. For example, YouTube posted a director-level role for “Youtube Web3” requiring 15 years of... Read more »