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Cryptocurrency News

Location American Cryptocurrency News for 27 February 2022
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 prison,” said the U.S. Department of ...
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Ukraine accepts Bitcoin, Ethereum, USDT donations to fund ongoing war The Ukrainian government has reached out to the crypto community on Twitter to raise funds to support its civilians and troops.
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US Senator Says He's Bullish on Bitcoin Because It's Decentralized, Uncontrollable U.S. Senator Ted Cruz says one of the reasons he is so bullish on bitcoin is because it is decentralized and not controllable. He added that “China recently banned bitcoin because they can’t control it, which is the ...
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Elon Musk Hears Kyiv's Call, Activates Starlink Service in Ukraine Tech entrepreneur Elon Musk has announced that the Starlink satellite internet service has been enabled for Ukraine. The move comes in response to a request from the government in Kyiv which is trying to halt a Russian m...
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Top 5 cryptocurrencies to watch this week: BTC, LUNA, AVAX, ATOM, FTM Crypto markets are expected to remain volatile for the foreseeable future, but BTC's battle to reclaim $40,000 could be followed with rallies from LUNA, AVAX, ATOM and FTM.
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Bitcoin's Hashpower Drops, BTC Mining Difficulty Expected to Jump Higher in 4 Days The processing power behind the Bitcoin network has dropped 30% since the hashrate’s all-time high (ATH) on February 15, sliding from 249 exahash per second (EH/s) to 169 EH/s. Furthermore, four days from now, the netw...
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Crypto Donations Pour in After Ukraine Government Asks for Bitcoin and Ether -- $17 Million Raised so Far Ukraine has raised more than $17 million in cryptocurrency donations since Russia began its invasion. Over $10 million were donated directly to the crypto wallets posted by the Ukrainian government about 24 hours after t...
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Bitcoin fails to beat resistance as $40K stays out of reach into weekly close A dark week looms for macro markets while the weekend succeeds in providing some respite for crypto traders.
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Russia May 'Nationalize' Foreign Assets in Response to Western Sanctions, Medvedev Says Authorities in Russia may begin to seize funds of foreign nationals and companies that are in the country, former Russian President Dmitry Medvedev has indicated. His warning comes as the West continues to expend penalti...
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Staking in 2022: Ethereum's Merge, Institutions, Layer-2, and Liquid Staking _____ _____ Staking is seemingly set for a big 2022. With Ethereum (ETH) planning an eventual move to a proof-of-stake (PoS) consensus mechanism this year, it will bring staking to thousands if not millions of users who'...
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Terra's Mirror Protocol MIR rebounds 40% two days after crashing to record low The massive move upside had MIR form a golden cross
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Report: Freelance Workers in Argentina Among Most Active in LATAM Receiving Part of Paycheck in Crypto A recent report states that freelancing is experiencing a boom in Argentina, and also comments on how Argentinians are among workers in the region that most actively use cryptocurrencies to receive part of their paycheck...
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MContent Collaborates With PwC for a First of Its Kind Cineverse Experience PRESS RELEASE. DUBAI, UAE: MContent has announced the arrival of the Cineverse to the world whereby they aspire to bring Cinema to people anywhere, anytime – MContent and their launch was enabled due to a collaboration...
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EU Commission to remove Russian banks from SWIFT cross-border network While condemning the Russian president Vladimir Putin's move to lay siege across Ukraine, the EU Commission committed to undertake a series of measures to isolate Russia from the international financial system.
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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 U.S. for crypto will fall and ...
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Are crypto and blockchain safe for kids, or should greater measures be put in place? Age verification and educations around the implications of blockchain technology should be enforced for minors dabbling in the crypto space.
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KuCoin Exchange Named the Best Cryptocurrency App of 2022: Everything You Need to Know PRESS RELEASE. Leading personal financial services’ evaluator, the Ascent, named KuCoin crypto exchange the best cryptocurrency app of 2022. The Ascent is a flagship product of world-renowned private financial and inve...
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