Ukrainian crypto and blockchain firms survive despite ongoing conflict

Executives at nonfungible token service provider Finch are planning to open an office in Miami, while many employees of blockchain firm NEAR have gathered in Lisbon. Many Ukraine-based businesses have had to shutter or suspend operations following the outbreak of the conflict with Russia on Feb. 24, but some in the cryptocurrency space have been […]

Russian tax authority proposes using crypto as a foreign trade payment tool

using crypto as a foreign trade payment tool

Russia’s Federal Tax Service (FTS) has joined the debate around crypto regulation in Russia with an unexpectedly blunt proposition — to let Russian companies use digital currencies as a payment method when transacting internationally. On April 20, local newspaper Izvestia reported that the FTS left its official feedback on the draft of the crypto bill […]

Nexo Launches Crypto-Backed Credit Cards in Europe in Partnership With Mastercard

Nexo

Digital assets platform Nexo has inked a deal with Mastercard and DiPocket to launch crypto cards that will allow its customers in Europe to spend digital currencies without touching their funds. Spending Crypto Without Depleting One’s Digital Asset’s Reserve This is going to be made possible with the Nexo crypto card, as users will gain […]

Crypto Wallets: Some facts to keep your funds safe

Every crypto user has probably wondered about how crypto wallets work. Understanding these wallets and their utility properly is as important as the buying of coins itself. The concept is simple and the term ‘crypto wallets’ is self-explanatory to some extent. But what if we told you that strictly speaking, crypto wallets don’t actually store […]

How to Buy Bitcoin and Other Cryptocurrencies: A Guide for New Crypto Investors

buy bitcoin

Once you’ve learned the lingo, accepted the risk, and met your other financial priorities, the next step to crypto investing is actually buying in. There are thousands of different cryptocurrencies, but experts say you should take a hard pass on most of them. Crypto values fluctuate by the hour, and this can be especially true […]

Cake DeFi launches new corporate venture arm with US$100 million

Cake-Defi

Cake DeFi launches new corporate venture arm with US$100 million to invest in Global Web3, Gaming and Fintech Startups Cake DeFi, a Singapore-based a fully transparent, highly innovative and regulated fintech platform that makes DeFi (decentralised finance) services and applications accessible to everyone, has launched its corporate venture arm with US$100 million in earmarked capital. […]

First Blockchain Dedicated to Sports and Entertainment Launches

Following the growth in interest of everything blockchain-related, Chiliz, a company that has already become the most prominent in digital assets in the world of sports and entertainment, has now turned up the heat even further by launching its own digital network called Scoville. This new network has been created to allow organizations and brands […]

Mozilla Attempts to Appease its Environmentally-conscious Community by Accepting PoS Crypto Donations Again

Mozilla

There has been a lot of talk about Mozilla this week after the company decided to begin accepting PoS crypto again after an outcry against Bitcoin forced it to suspend donations earlier this year. The Mozilla Foundation had put cryptocurrency donations on hold in January following a community backlash sparked by trenchant criticism from co-founder […]

DeFi Platform Oasis.app Raises $6M USD in Series A Round

Oasis.app, the platform for decentralized finance enabling DeFi users to borrow and multiply their exposure to cryptocurrencies, as well as earn on their assets, has raised $6 million in funding during a Series A funding round led by Libertus Capital. The platform can be used to swap tokens, borrow Dai against your favorite cryptocurrencies or […]

Bitcoin Fluctuates as European Central Bank Offers Cautious Tone on Monetary Policy Tightening

Bitcoin Fluctuates

The European Central Bank (ECB) said it will stick to its plan to end its stimulus program and tighten monetary policy, but kept options open in light of uncertainty over the economic impact of the war in Ukraine. Bitcoin (BTC) reacted by moving slightly higher on the news before correcting lower. “We will maintain optionality, […]