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Tag: stablecoin

Ukrainian Crypto Exchange Sees Trading Volumes Explode Amid Russian Invasion

A popular Ukrainian cryptocurrency exchange, Kuna, has seen its trading volume explode after Russian President Vladimir Putin announced a “special military operation,” which appears to be a full-scale invasion of the country. In a televised speech, President Putin warned the United States and NATO against getting involved, saying that anyone who “tries to interfere with […]

Mitsubishi UFJ Drops Blockchain Project, To Launch Crypto Wallet

Mitsubishi UFJ Financial Group is set to launch its digital asset wallet. The finance giant earlier announced that it is ...

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Bitcoin (BTC) Plays Game Stop Alike Rally, $172 Short Liquidations In Last 24 hours.

Bitcoin’s meteoric rally liquidated about $172 million in short positions in the last 24 hours, data from coinglass.com shows. The currency led a crypto market recovery from one-month lows as U.S. President Joe Biden held off on completely blocking Russia from the global financial system. Bitcoin price jumps 10% in last 24 hrs The world’s

The post Bitcoin (BTC) Plays Game Stop Alike Rally, $172 Short Liquidations In Last 24 hours. appeared first on CoinGape.

Ukraine’s central bank clamps down on digital money transfers in the country.

The Ukraine central bank, amid an escalating war, is clamping down on digital money transfers in the country. This measure was enforced as the nation declared martial law. In its official statement, the National Bank of Ukraine noted, “banks – issuers of electronic money to suspend the issuance of electronic money, replenishment of electronic wallets […]

Read full post Ukraine’s central bank clamps down on digital money transfers in the country. on Chaintimes.com.

Pussy Riot Helps Newly Formed UkraineDAO Mobilize Support and Raise Funds Via NFTs

Pussy Riot has helped form UkraineDAO to provide support to embattled Ukrainians.

Ukraine’s bitcoin exchange volume surges as the Central bank tightens currency freedoms.

Bitcoin trading volumes have surged drastically at a major Ukraine cryptocurrency exchange amid the Russian invasion. According to monitoring resource CoinGecko, on Feb. 24, volume at the local crypto exchange Kuna almost tripled to over $4 million. As the armed conflict with Russia began, the impact on the fiat currencies of both countries was immediately […]

USDT Sees Rise on Ukraine’s Kuna Exchange Following Russia Attack


The price of Tether's USDT stablecoin soared to 36.97 Ukrainian hryvnias (UAH) ($1.23) on Ukraine's Kuna exchange on Thursday, following the ongoing invasion from Russia. (Read More)

Maple Finance Joins Forces With Celsius To Launch wETH Lending Pool

Maple finance joins forces with Celsius in order to launch a wETH lending pool with the pool promising to enable greater finance for the traditional corporations and institutions that are looking to capitalize on emerging other opportunities in the DEFI space as we can see furhter in today’s blockchain news. The digital asset lending platform […]

UST Is Now a Bitcoin Backed Stablecoin (Partially)

February 23, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ The former owner of a Bored Ape Yacht Club NFT is[...]

The post UST Is Now a Bitcoin Backed Stablecoin (Partially) appeared first on Unchained Podcast.

Stablecoin Economy Continues to Grow, Adding 10% in 2022

Even as cryptocurrency values continued heading lower in 2022, the value of the stablecoin market continued to increase dramatically. At the end of 2021 the total value of all stablecoins was $168.3 billion, which is quite a lot. However in the nearly two months since, that value has increased by 9.9% to $185 billion. In […]

The post Stablecoin Economy Continues to Grow, Adding 10% in 2022 appeared first on Coin Bureau.

Luna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg

USTThe Luna Foundation Guard (LFG) has raised $1 billion in a private token sale to allow the group to safeguard the peg of UST, Terra’s flagship stablecoin, against market instabilities. While the token has an algorithmic method to maintain its dollar value, this decentralized reserve — which will be stored in BTC — aims to […]

Former CEO Of TenX Allegedly Responsible For 2016 ETH DAO Hack

The former CEO of TenX Toby Hoenisch was reportedly behind the infamous 2016 hack that ended up draining $11 billion from the Ethereum DAO accoridng to a joint investigation with Chainalysis so let’s read more today in our latest cryptocurrency news. Journalist Laura Shin alleged that Austrian programmer Toby Hoenisch is actually responsible for hacking […]

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