Category: Cryptocurrency

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UK Advertising Watchdog Bans Floki Inu London Ad Campaign

  The UK advertising watchdog Advertising Standards Authority (ASA) has decided to ban an advertising campaign launched by floki inu (FLK), a memecoin named after Tesla and SpaceX founder Elon Musk’s Shiba Inu dog. The move follows earlier calls by local politicians to ban ads featuring unregulated financial products displayed by Transport for London (TfL)….…
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Ukrainian Government Claims ‘Airdrop’ Will ‘Reward’ its Bitcoin & Crypto Donors

  The Ukrainian government has confirmed that donors who have contributed crypto to fund its military struggle with the invading Russian army will be in line for an airdrop of tokens. In the early hours of March 2, Kyiv wrote that its airdrop was “confirmed,” with a snapshot to be taken on March 3, and…
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Starlink Terminals Arrive in Ukraine as Elon Musk Makes Good on Promise

Spacex has managed to deliver Starlink equipment to Ukraine as promised by its founder, Elon Musk. The hardware will provide access to high-speed internet for users in the country, which has been experiencing disruptions in communications as a result of Russia’s military invasion. Ukrainians Get Starlink Internet Amid Ongoing Russian Offensive Ukraine has received a…
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Ukraine Adds More Crypto Options, ‘Teases’ Airdrop; Platform Selling NFTs for USD 10

  In an attempt to further bolster its fundraising campaign, Ukraine is opening up more crypto options for global donors – and has also intrigued the crypto community by mentioning an airdrop. Furthermore, a digital platform has launched a non-fungible token (NFT) collection with the goal of raising USD 430,302,531…. Read More: Ukraine Adds More…
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Uniswap builds interface to swap altcoins into ETH donations for Ukraine

“We built this interface so anyone who wants to donate but holds other ERC-20 tokens can do so with one click,” said the Uniswap team. On Tuesday, decentralized exchange Uniswap launched an interface that directly converts ERC-20 tokens — such as Aave, Chainlink’s LINK and Decentraland’s MANA — to Ether (ETH). The coins are then sent to…
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These Coins Have Moved the Most Since the Ukraine War Started

  Financial markets have been in turmoil ever since the war in Ukraine broke out, and the crypto market is no exception. To help readers navigate the space, Cryptonews.com has looked into the coins that have so far seen the biggest gains, as well as those that have seen the biggest losses…. Read More: These…
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Russian Crypto Buyers Face Whopping Premiums Amid Economic Crash

  As Russia continues its invasion of neighbor Ukraine, the Russian markets are spiraling out of control, and an increasing share of the country’s population is seeking financial refuge in cryptoassets. This is reflected in the sky-high premiums for those who wish to exchange RUB into bitcoin (BTC) via peer-to-peer exchanges, as indicated by the…
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Ukraine Now Takes Polkadot, Says It Will Accept Other Coins Soon

Having already raised millions of dollars in major cryptocurrencies like bitcoin, Ukraine is now receiving donations in polkadot as well. The country intends to expand the list of accepted coins as it increasingly relies on help from the crypto community to fund its defense against Russia. Ukraine Posts DOT Address, Receives First Polkadot Donations In…
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Islamic Scholar Says Digital Currency is Not a ‘Fictitious Currency’

An Islamic scholar, Irshad Ahmad Ijaz, has asserted that digital currency is not fake currency and that it should be legitimized once certain conditions are met. Ijaz’s viewpoint is echoed by other scholars that attended a seminar examining the status of digital currencies from the perspective of Islamic law. Use of Crypto in the Digital…
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Ebay CEO Talks NFTs and Crypto, Exec Says Company Continues to ‘Evaluate Other Forms of Payments’

The president and chief executive officer of Ebay, Jamie Iannone, discussed the possibility of digital currency acceptance on the online auction website and non-fungible token (NFT) sales in a recent interview published on February 27. Iannone stressed that currently, Ebay doesn’t accept cryptocurrencies but in March, the company plans to go “deeper on all of…
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