Aid for Ukraine’s $54M crypto fund buys vests, scopes, and UAVs
The crypto donations have played a “significant role in Ukraine’s defense,” a Ukrainian government official wrote.
CBDCs only solution to ‘smooth continuation’ of the monetary system: ECB
The European Central Bank working paper sought to identify issues and consensus regarding CBDCs, as well as to identify gaps in the research — such as what users want.
Crypto scams fall 65% after gullible noobs exit the market: Chainalysis
Less gullible retail investors and falling asset prices have made scamming a less enticing endeavor, but the tsunami of new DeFi applications has hackers licking their lips.
Crypto.com secures UK registration for ‘cryptoasset activities’
As defined by the FCA, “cryptoasset activity” includes anything that involves exchanging one crypto for another or exchanging crypto for fiat and vice versa.
Korean regulators investigate banks over $6.5B tied to Kimchi premium
South Korean financial regulators are looking into the massive amount of foreign remittances of cash that came from crypto exchanges.
Justin Bieber, Paris Hilton among 19 celebs called out for shilling NFTs
Consumer watchdog group Truth in Advertising says celebrities promoting non-fungible tokens (NFTs) on their social media channels is an area “rife with deception.”
Scaramucci highlights key factors why crypto market will soon recover
Anthony Scaramucci cited the Merge, improving macro indicators such as waning inflation, key business partnerships and pumping crypto prices as reasons for his optimism moving forward.
Network and token freeze after Acala exploit raises questions
The Acala hack saw over a billion aUSD stablecoins minted from thin air, but now community members are scratching their heads wondering how a decentralized protocol would handle the clean up.
Ethereum hits 8-month highs in BTC as money heads for ‘riskier’ altcoins
Liquidity is strong on alt markets as Bitcoin gives way to Ethereum after a battle which has raged throughout 2022.