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The Doge foundation recently marked a momentous time in history, setting a new record that could set a precedent for other coins. The Doge team has now made the first dogecoin transaction without the use of the modern internet. After having rumored the development for a while, the team finally leveraged SpaceX Starlink. In a tweet yesterday, Doge coin Programmer, Michi Lumin, shared that he sent 4.2069 Dogecoins using "Doge Radio." According to him, there were two others receiving his DOGE…

Rap Musician Snoop Dogg will issue a group of digital Marijuana farms as Non-Fungible Tokens on RPG Metaverse Mobland. It will be a limited edition along with exclusive content from his son Champ Medici.  Although virtual cannabis cannot be enjoyed like its real counterparts, owners of the NFTs will expect gratification in the shape of rising prices. However, it is unclear if it will be possible to exchange the Non-Fungible tokens for real weed. Speaking about the idea behind this…

Binance has recovered $5.8 million worth of tokens stolen from Axie's Ronin Network late last month. In March, malicious hackers initially ripped off a total of about $600 million. This means more than 99% of the loot yet remains awol.  Binance Shows Support The hack of Axie Infinity's Ronin Network last month resulted in a loss of about 173,000 ETH and 25.5 million USDC. CZ, the CEO of Binance, said on Friday that the hackers, "Lazarus Group" distributed the stolen…

A government led by Pierre Poilievre would do more to make cryptocurrencies like Bitcoin more mainstream in Canada. The candidate promised he would "decentralize" the economy and lessen the power of central bankers. Canada launched a crypto-backed ETF in the past, and the crypto community in the country is very active. Many libertarian investors often say that cryptocurrency is an excellent way to get rid of government control over money. Bitcoin supporters say that it represents a valid strategy to…

The Compound Governance community has rejected a move to completely scrap the COMP rewards program. The community cited concerns that the move could possibly threaten the protocol's decentralization. Despite these concerns, it is interesting that Compound only narrowly escaped abandoning its rewards program.  Compound Debate Rewards Adjustments Compound Finance is a DeFi lending protocol that enables traders to borrow and lend crypto assets on the market. As a DeFi app, its users also possess COMP tokens for utility. COMP tokens…

Binance – the world’s largest crypto exchange – recently released an update on its treatment of Russian accounts due to international sanctions. The company will place accounts holding crypto worth over 10,000 EUR into “withdrawal-only mode”, preventing them from making more trades. Politics Versus Principles As its war with Ukraine continues, sanctions against Russia from the former’s allies have continued to tighten. Meanwhile, both the European Union and United States have been particularly concerned about crypto’s potential role in bypassing…

Ripple CEO Brad Garlinghouse recently called out “tribalism” within certain crypto communities for fracturing industry representation. Narrowing in on Bitcoiners, he claimed that polarization from the community “isn’t healthy” and that “all boats can rise” within the space. Ripple’s Regulatory Troubles Garlinghouse made his comments during a CNBC-hosted chat at Paris Blockchain Week Summit last week. He clarified his belief that the entire industry can thrive and that he owns multiple cryptocurrencies including Bitcoin and Ethereum. Ripple is the company behind…

One day after the IMF’s warning, the US treasury has hit multiple Russian Bitcoin mining companies with secondary sanctions. The increased restrictions should prevent Russia from monetizing its energy resources using proof-of-work crypto networks. Cutting Off Mining Resources As reported by CNBC, this marks the first time the Treasury has ever placed trade restrictions on virtual currency miners. Last month, President Biden announced that America would no longer accept Russian oil, with other jurisdictions following suit. Gas prices in the…

A Twitter user under the alias "Domenic Iacovone" shared details of how a simple vishing scam led to a loss of his NFTs.  Iacovone has now launched repeated accusations at MetaMask and ConsenSys in the past 24 hours. On April 15th, a MetaMask security vulnerability came to light when a crypto investor laid a complaint on Twitter. He stated that he lost more than half a million pounds after a phone call from a number identified as 'Apple.' This was,…