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Coinbase restricts 25,000 addresses connected to Russian cryptocurrency holders.

Coinbase restricts 25,000 addresses connected to Russian cryptocurrency holders.

Concerns are growing that Russia would utilize cryptocurrency to escape the financial and economic sanctions imposed on it. To allay these anxieties, Coinbase, the largest crypto exchange in the United States by trading volume, has stated that crypto can be used to promote sanction compliance instead. Coinbase is abiding by the sanctions, says CLO Paul […]

Russian Ruble drops further against Bitcoin as oil sanctions loom

Russian Ruble drops further against Bitcoin as oil sanctions loomed

Russia’s currency fell 26% to a new low against Bitcoin as on monday, extending losses after the US announced that penalties on Moscow’s oil exports were being considered. In the last month, the ruble has lost approximately 60% of its value against Bitcoin, making one Bitcoin worth over 5 million rubles. Russia economy pressured due […]

Bitcoin remains around $38,000 while Asian stocks drop

bitcoin

Even as global markets in Asia and Europe fell substantially on the threat of Western measures to punish Russian oil, Bitcoin halted recent losses on Monday, holding about $38,000. On the potential of a Russian blacklist, oil prices soared to their greatest level since the 2008 financial crisis, raising fears of another inflation spike. The […]

How To Use NFTs In Metaverse

How to use NFTs in metaverse

The world has witnessed a myriad of changes over the years but it’s undeniable that technology is experiencing a large number of the changes which have impacted our lives. While we have seen many of its positive effects in our lives there still are its not-so-great effects as well, but one thing is clear. We […]