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crypto amid Russia Ukraine conflict

BTC Price Fell After Russia Started Military Operation in Ukraine

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Russian President Vladimir Putin announced today on starting a special military operation in Ukraine, saying that the goal is to demilitarize and denazify the country. The situation was tense in the proceeding months as there were massive troop buildups. The crisis is around the status of Crimea...

Brazil crypto regulations

Senate in Brazil Discusses Crypto Regulation Bill

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Brazilian Senators will vote on the crypto regulations bill, which had been approved by the Senate’s Economic Affairs Committee on February 22. If it passes, the bill will be addressed to President Jair Bolsonaro and will come into effect after he signs it. The document sets guidelines stating...

DAO buy the broncos

New DAO Aims to Buy Denver Broncos NFL Team

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A group of crypto community members formed a DAO (Decentralized Autonomous Organization) to acquire National Football League team Denver Broncos. The team announced officially that it is up for sale and that the expected amount of the deal is over $4 bln. Therefore, the DAO with the name 'Buy the...

Malaysia

Malaysian authorities confiscated mining equipment worth $13M in 2021

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In 2021, the volume of illegal mining in Malaysia increased sharply, the value of the confiscated equipment for mining cryptocurrencies amounted to $12.9 million, said Datuk Seri Abd Jalil Hassan, head of the Criminal Investigation Department (CID). Law enforcement officers opened 570 cases related...

David Heinemeier Hansson

The creator of Ruby on Rails called criticism of bitcoin a mistake

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The creator of the Ruby on Rails web framework, David Heinemeier Hansson, called his negative position on bitcoin amid the situation with protests in Canada erroneous. “I still can’t believe this is a protest that will prove that every bitcoin weirdo is a prophet. And I had to admit I was wrong...

Huobi CEO Bitcoin

Huobi’s Du Jun Sees the Next BTC Bull Run To Happen Not Till 2024

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The next Bitcoin bull run will occur no sooner than 2024 or early 2025 according to the co-founder of Huobi exchange, Du Jun. In an interview with CNBC, he noted that his opinion is based on the Bitcoin halving technique which takes place about every 4 years when 210.000 blocks are mined. BTC...

Man Group

Hedge fund Man Group called bitcoin a risky asset

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The increasing correlation between bitcoin and the Nasdaq stock index suggests that cryptocurrency should be considered a risky asset. This view is shared by analysts at the hedge fund Man Group. Their report on digital currencies says that monetary tightening by central banks will inevitably lead...

Investors

Institutionals invested $109M in crypto funds in a week

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Over the past few weeks, investment companies have been investing in crypto funds. If in January, on the contrary, there was an outflow of capital from products focused on digital assets, then already this month institutionalists again began to show increased interest in such tools, according to a...

Kevin O'Leary Bitcoin

Investing in BTC or Tech Companies Is the Same; Kevin O’Leary

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Investor, entrepreneur, Shark Tank star Kevin O'Leary said in a tweet that Bitcoin is not just a coin or cryptocurrency; it's a software. He answered the institutions that criticize him for investing in BTC, that for him it's completely the same, to invest in BTC or to own large shares in tech...

Colorado

Colorado authorities implement the possibility of paying taxes in crypto

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By the summer of 2022, Colorado authorities will allow paying taxes and fees in crypto. That was stated by the state governor Jared Polis during the ETH Denver conference. According to him, the reason for this decision is to increase the comfort of users and increase the speed of payments. Polis...

KB

KB Asset Management will launch a fund of crypto funds

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KB Asset Management, a member of the largest South Korean financial conglomerate KB Financial Group, has announced the launch of a fund focused on retail clients concentrated on crypto products in the form of indices and ETFs. Currently, financial institutions in the country are limited in...

blockchain games

Blockchain Games Received $1 B in Investments in January

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A report by the decentralized applications platform DappRadar reveals that in January blockchain apps attracted $1 bln. The data show that the GameFi section has been growing. Investments in the sector have reached their peak. Investments include the $300 M investments in OpenSea, which might not...

Italy

Italy has published a law to combat the criminal use of crypto

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The Italian authorities published last week a law to combat money laundering through digital currencies. The document was approved by the government in January. It lists the requirements for crypto companies providing digital asset exchange services, local media reported. Each crypto company must...

China

Chinese customs detain 49 smuggling Bitcoin miners

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Huangpu Customs (Guangdong Province, China) announced the detention of 49 used bitcoin miners. They tried to transport them across the border, indicating false information in export documents, local media reported. The discrepancy was revealed during the inspection of goods declared as “shoe...

Vitalik Buterin about possible crypto winter

Vitalik Buterin Expects Another Crypto Winter

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Crypto influencer, Ethereum co-founder Vitalik Buterin said in an interview with Bloomberg that investors might face another crypto winter, mentioning that it isn't entirely bad news. According to him, current low prices provide opportunities to invest and receive increased returns when prices go...

Nayib Bukele Bitcoin El Salvador

Bukele Answered US Senators’ Remarks on El Salvador’s BTC Policy

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The president of El Salvador, Nayib Bukele, responded to the US Senators, who published a paper analyzing the country’s Bitcoin adoption. He said that the US congresspeople don't have any right over an independent country. Via a tweet, Bukele said that they should stay away from the country's...

Kickstarter

Kickstarter postpones plans to move to blockchain

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Kickstarter has revised plans to move to a blockchain protocol and move towards the crypto space after a backlash from the community. In December, the team announced the development of an open-source solution for running the platform in a decentralized environment. “We think that using everything...

Ripple XRP lawsuit

Ripple Legal Memos Are Unsealed

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According to the judge's decision, Ripple unveiled legal advice documents that it had requested by law firm Perkins Coie LLP. Ripple former chief executive Chris Larsen applied to the law firm, which delivered two memos in February and October 2012. In February, Perkins Coie recommended Ripple...

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