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The largest cryptocurrency exchange worldwide, Binance, has donated $10 million to Ukraine in the wake of the recent Russian invasion. This contribution to the war relief in Ukraine is just one of the many initiatives coming from the crypto industry. Moreover, donations continue to pour into the country’s crypto wallets as the conflict escalates. Binance Alleviates Ukraine’s War Costs Almost all the financial markets in the world have taken a dip as soon as Russia invaded Ukraine last week. The…

Ukraine is collecting every digital asset it can get to financially support its defense against the Russian invasion. Having amassed millions of dollars in crypto already, the nation’s Vice Prime Minister has announced that they are now accepting Solana and Dogecoin contributions. With this, Ukraine has opened donation addresses for 6 different cryptocurrencies, with possibly more to come. Calling All Crypto Holders In a tweet on Tuesday, Vice PM Mykhailo Fedorov gave thanks to the Solana Foundation and staking platform…

Ukraine is switching from fiat to crypto transactions as the Russian invasion gradually strangles the country's financial stability. While cash use declines and fiat availability drops, Ukrainians turn to BTC, Ether, and USDT to transfer assets. Furthermore, crypto donations are landing in their wallets from worldwide users as a sign of solidarity. The question is, how much will crypto influence Ukraine's resistance? Restrictions on Cash Use in Ukraine Soon after Russia invaded Ukraine, the latter’s president, Volodymyr Zelenskyy, instated the…

Twitter competitor and “free speech” proponent,  Parler, has just shared news of the release of a new premium marketplace. Parler hopes its forays into NFT will help to gain new audience.  Parler to Attract a Pro-Crypto Crowd For the creators of the social media app, the goal is to appeal to and engage to a fresher form of audience. Parler, which has been compared often to Twitter, is suggested to be right-leaning.  However, the app’s leadership is open to entertaining…

Guardio, a young cyber security company, has detected a sophisticated chain of attacks on non-custodian wallets. Major attack methods employ social engineering techniques and renewed phishing methods to trick wallet owners.   The security company's research team explained an ongoing attack on the popular crypto wallet, MetaMask. In effect, Guardio suggests several wallets have been compromised, in what is a grand-scale operation. In the cybersecurity team's opinion, the recent wave of attacks could set the tone for more vicious ones. While…

Samson Mow – Chief Strategy Officer at Blockstream – announced on Tuesday that he is leaving the company. Going forwards, he will continue working on other Bitcoin-related projects, while supporting its adoption by nation-states, such as in El Salvador. So Much Bitcoin; So Little Time The Bitcoin expert explained the details of his departure in a Twitter thread, showing pride in the work he has achieved at Blockstream. Mow spent five years with the company, which provides Bitcoin network infrastructure…

Spanish sporting giant, Barcelona FC, has disclosed plans to create its own cryptocurrency. Markedly, Barcelona’s crypto-positive decision comes at a time when it struggles with financial stability. The club’s leaders have also suggested crypto could help the club compete financially with other clubs which are equipped with better TV rights deals, revenue, or investment. Barcelona’s president Joan Laporta first announced the club’s crypto ambitions a few days ago during the recent Mobile World Congress. Laporta noted that the club would…

As part of an ongoing campaign against terrorism funding, Israeli officials have confiscated 30 crypto wallets from the Gaza-based exchange Al-Mutahadun. Wallets Seized from 12 Accounts The head of Israel’s Ministry of Defense, Beni Gantz, gave the green light for the seizure on Monday, February 28. Following this, officials from the Ministry, the Police, and the Military pooled resources for the operation. Together, the joint force took possession of 30 wallets suspected to be affiliated with the Hamas terrorists. Alongside…

Simplicity leads to security, and a more decentralized blockchain. If Bitcoin were more expressive, it wouldn’t be effective as a global, neutral monetary network.   There are now over 17,000 cryptos listed on CoinMarketCap. As always, nearly all of these coins, tokens, and blockchains advertize themselves in comparison to the very first. Faster than Bitcoin. Flashier than Bitcoin. Better returns than Bitcoin. Environmentally-friendlier than Bitcoin. We know the script. Yet everything comes at a cost. Where other blockchains purport to…