Amid the conflict in Ukraine with Russia, bitcoin trade volumes tied to Russian ruble pairs have surged in recent days. Metrics recorded by the crypto analytics provider Kaiko indicate that ruble (RUB)-denominated bitcoin volume reached close to 1.5 billion rubles four days ago, on February 24. Data also shows that bitcoin-ruble pairs saw a significant premium on February 28, jumping…
It is unfortunate that the United States Securities and Exchange Commission has chosen to send a message to the crypto industry by extracting a huge $100 million settlement from the lending platform BlockFi in an administrative proceeding publicly announced on Feb. 14. It was quite a Valentine’s Day kiss — $50 million for the SEC and $50 million for some…
On Feb. 17, United States Deputy Attorney General Lisa Monaco announced at the Munich Cyber Security Conference the formation of the new task force “dedicated to cryptocurrency” within the Federal Bureau of Investigation (FBI). Coming four months after the launch of the Justice Department’s National Cryptocurrency Enforcement Team (NCET), this marks another major step in the U.S. government’s crusade against…
Wirex, a digital payment platform that enables users to spend 62 fiat and cryptocurrencies at more than 61 million locations worldwide via the Wirex platform, announced the integration of Avalanche (AVAX) into its ecosystem on Monday. With the move, users can receive, send, store, and exchange AVAX tokens, and add custom tokens via the Avalanche blockchain. The company plans to…
press release PRESS RELEASE. February 2022: Leading Crypto service comparison site Cryptowisser, announces its Crypto Carbon Footprint list. The list ranks how sustainable the top 100 cryptocurrencies are and is based on the research of a Swedish team of sustainability experts. The list ranks each coin of how a typical transaction affects the environment through its carbon footprint. The list…
Major e-commerce marketplace eBay could integrate crypto payments soon, said CEO Jamie Iannone in a recent interview. The internet marketplace is among the oldest e-commerce platforms, now looking to become the go-to platform for Gen Z and Millennials. The CEO said in an interview with The Street that the firm is looking to integrate crypto payment options for quite some…
“Hodling” really is the way when it comes to accumulating Bitcoin (BTC). At least, that’s the conclusion made by an AI trading bot coded up by a Portuguese software developer. Bitcoiner Tiago Vasconcelos is the man behind the trading experiment. Vasconcelos built an AI trading bot that would help him accumulate more Bitcoin and test his coding skills. Almost inconceivably,…
Gabe Newell, founder and CEO of Valve, a popular company in the PC gaming market, has revealed his take on crypto and NFTs when applied to games. In an interview with gaming media, Newell validated the NFT technology that makes it possible to create these digital representations. However, he also stated that the actors in the sector tend to be…
At the beginning of February 2022, I had the opportunity to travel to El Salvador to represent Bitcoin Magazine during the unveiling of the “Bitcoin Boat” with the Built With Bitcoin Foundation. It was my first time outside of the country in a number of years and I was excited to discover a territory being directly influenced by the growing…
Cryptocurrency donations sent to Ukraine following Russia’s invasion have now exceeded $20 million, according to blockchain analytics platform Elliptic. “The Ukrainian government, and NGOs providing support to the military, have raised $20 million through thousands of cryptocurrency donations since the start of the invasion,” Elliptic said on a blog post tracking the donations. It added that one NGO received a…
