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[SPONSORED] How to Eliminate Crypto Onboarding Delays & SIM Swap Fraud

3 ways top crypto companies are leveraging Prove’s technology to onboard new users in 10 seconds while also mitigating SIM swap fraud and other identity fraud.

The post How to Eliminate Crypto Onboarding Delays & SIM Swap Fraud appeared first on The Block.

Join The Prison Riots: Space Convicts NFT Drops March 15!

Space Convicts

The post Join The Prison Riots: Space Convicts NFT Drops March 15! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Deep Space – February 22, 2099 A mass arrest was recently conducted amongst Punks and Apes after a careful police investigation. The culprits, known as the “Space Convicts”, were placed in space prison awaiting trial. Unfortunately, this has led to gang riots, infighting and recurring breakout attempts.  Rumor has it that gangs are being formed …

America Seizes All Assets in US and USD of Russia’s Central Bank

Treasury

In an unprecedented move, the United States has just announced it is making inaccessible all assets of the Russian Central Bank in US, including gold and anything else, as well...

eToro analyst examines Bitcoin amid Ukraine crisis

Bitcoin has endured a turbulent month of price action, with a high of $46,000 and a low of $34,000 within a couple of weeks.

Supreme Court of India Asks the Govt to Clarify if Cryptocurrencies are Legal or Not

In the absence of a legal regime for crypto, cases involving them are dealt with laws related to foreign exchange, money laundering, terror financing, etc.

Through Fundraising And Financial Revolution, Bitcoin Has Forever Changed Lives On Isla Tasajera

A philanthropic effort led by the Built With Bitcoin Foundation and Bitcoin Magazine provided a ferry, school supplies and hope to an island in El Salvador.

Russian Banks at Risk of Collapse

Bank queues in Russia, Feb 2022

The Russian banking system is at risk of crashing down after being kicked out of SWIFT and sanctioned with a foreign subsidiary already verging on bankruptcy. Sberbank’s stock price on...

Jesse Powell Declines Ukraine’s Request to Freeze Russian Users Crypto Addresses

Jesse Powell Declines Ukraine's Request to Freeze Russian Users Crypto Addresses

In light of the Ukraine crisis, major crypto exchange firms including Binance and Kraken have responded to the pleas to freeze Russian users’ crypto addresses.  Ukraine’s Plea to Crypto Exchange Firms On February 27, Mykhailo Federov – Vice Prime Minister of Ukraine took to Twitter to urge crypto exchanges to freeze the crypto addresses of Russians. The request came days after both U.S and EU decided to remove Russian banks out of SWIFT and freeze overseas assets of Russia’s Central Bank. I'm asking all major crypto exchanges to block addresses of Russian users. It's crucial to freeze not only the addresses linked to Russian and Belarusian politicians, but also to sabotage ordinary users. — Mykhailo Fedorov (@FedorovMykhailo) February 27, 2022 Fedorov continued tweeting about firms freezing accounts of Russian and Belarusian users. One such startup, DMarket specializes in NFT and virtual in-game items in Metaverse was praised by Fedorov for the same.  Received breaking news. @dmarket, a platform for trading NFT & In-game Metaverse items, decided to freeze the accounts of users from the Russian Federation and Belarus. Funds from these accounts could be donated to the war effort. Nowadays Robin Hoods. Bravo. — Mykhailo Fedorov (@FedorovMykhailo) February 27, 2022 Crypto Exchanges Response to Ukraine Jesse Powell, CEO of Kraken stated in response to Ukraine’s plea that although the sentiment is duly respected, they cannot block Russian users. Cryptocurrency exchange Binance also voiced similar opinions.  Early morning on February 28, Jesse Powell tweeted about declining the request set by Ukraine. However, he stated,  “Russians should be aware that such a requirement could be imminent.” 1/6 I understand the rationale for this request but, despite my deep respect for the Ukrainian people, @krakenfx cannot freeze the accounts of our Russian clients without a legal requirement to do so. Russians should be aware that such a requirement could be imminent. #NYKNYC https://t.co/bMRrJzgF8N — Jesse Powell (@jespow) February 28, 2022 In the same thread, Jesse Powell also mentioned the objective of Kraken. According to Powell, Kraken FX wishes to bridge individual humans out of the legacy financial system and urge them to look forward to the crypto world.  “Where arbitrary lines on maps no longer matter, where they don’t worry about being caught in broad, indiscriminate wealth confiscation.” Although Binance stated that there are no plans of blocking user accounts, they do wish to take action against users blacklisted by the West. Binance also wants to minimize the impact on innocent users. Furthermore, Binance guarantees to comply with sanctions imposed by the international community. 

The post Jesse Powell Declines Ukraine’s Request to Freeze Russian Users Crypto Addresses appeared first on Cryptoknowmics-Crypto News and Media Platform.

Russian Ruble Crosses 100

USD/RUB, Feb 28 2022

The Russian ruble fell 30% to 110 rub per dollar at one point before retracing some of the loses while markets are suspended for the day in Moscow. The Russian...

Vietnam’s HD Bank selects Thought Machine for core banking platform upgrade

HD Bank’s multi-year transformation will initially consist of upgrading its core platforms and internal workflows.

Artworks of Two National Artists Become NFTs, Collections to Drop Next Month

Unfinished works of the late national artists Abdulmari Imao and Jose Joya are set to launch NFT collections on the newly established ScarletBox.io.

The post Artworks of Two National Artists Become NFTs, Collections to Drop Next Month appeared first on BitPinas.

BNY Mellon first GSIB to integrate Chainalysis crypto compliance software

BNY Mellon is building a multi-asset digital custody and admin platform for traditional and digital assets.

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