The parliament of Ukraine has passed a bill legalizing cryptocurrencies, said Mykhailo Fedorov, Ukrainian minister of digital transformation. He disclosed that crypto exchanges will now operate legally, and crypto assets will be protected by the new law.  Ukraine had previously attempted to legalize cryptocurrencies last September, however, President Volodymyr ZelenskyyContinue Reading

Read in the Digest: Bitcoin falls under $41K as Russia-Ukraine crisis heats up, Ukraine legalizes crypto. Warren Buffett into crypto, Sequoia Capital launches crypto fund, Circle’s valuation climbs $9 billion. FBI forms crypto crimes unit, DoJ appoints new crypto team Director. Binance suspends all activities in Israel, Coinbase resumes advancedContinue Reading

With digital assets evolving faster every day, and the DeFi industry spreading across all corners of the globe, criminals have been quick to exploit its technology vulnerabilities, leading to frequent occurrences of cyber attacks and ransomware.  Some of the crimes centered around cryptocurrencies involve “traffic in narcotics, hacking tools andContinue Reading

Three U.S. senators distrust the adoption of Bitcoin as legal tender in the Central American country. The president of El Salvador responded that his country is not a colony of the United States and asked the congressmen to stay out of the country’s internal affairs. Congressmen fear that the growingContinue Reading

Once again, the world’s largest cryptocurrency exchange, Binance, has come under regulatory scrutiny. This time, its U.S. arm is under investigation by the Securities and Exchange Commission (SEC) over its relationship with two affiliate market makers. According to the report, the two firms, Sigma Chain AG and Merit Peak Ltd.,Continue Reading

Read in the digest: Binance is acquiring a $200 million stake in Forbes. Ransomware payments in cryptocurrencies surpassed $600 million in 2021. Cardano has facilitated 30 million transactions, TVL tops $157 million. OnlyFans launches NFT profile pictures, YouTube to integrate NFTs. Binance Acquires $200 Million Stake in Forbes Binance, theContinue Reading

Nitches Inc., (NICH) (the “Company”) a designer and manufacturer of high-end clothing and accessories, today announced it’s entering the Web 3.0 revolution with its Owner Verification System (OVS), which features a decentralized application (dApp). The OVS dApp is being built on the Ethereum, an open public decentralized platform, where noContinue Reading

Forbes, the 104-year-old American magazine and digital publisher, which is preparing to go public by the end of the quarter, has announced a $200 million strategic investment from Binance, the world’s largest cryptocurrency exchange by trade volume. Forbes to Educate the Public on Blockchain As part of the deal, BinanceContinue Reading

Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, today announced the signing of a Memorandum of Understanding (MoU) for a strategic partnership with Netmarble F&C, a subsidiary of Netmarble Corp., to build a global Play to Earn (P2E) Ecosystem and NFT offering. Through the strategic partnership, the twoContinue Reading