The My First Bitcoin education program reaches 1 BTC in donations, with Bitcoin Beach matching contributions, fueling expansion. There’s a beacon of light in the bear market tunnel. The Salvadoran nonprofit program Mi Primer Bitcoin, or My First Bitcoin, has raised over 1 Bitcoin (BTC) in donations — not from venture capitalists and investors but…
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While tens of millions worth of crypto were donated to Ukraine in the last year, pro-Kremlin groups have also leveraged digital currencies to buy military supplies and spread propaganda. In the Russia-Ukraine war, both sides of the conflict have been leveraging cryptocurrencies to achieve the upper hand. Pro-Ukraine causes have collected around $200 million from…
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In the aftermath of a deadly 7.8-magnitude earthquake in southeastern Turkey, the Web3 community has come together to raise awareness and aid for victims of the disaster. A massive earthquake hit southeastern Turkey along the border with Syria on Feb. 6, which has so far caused the death of more than 5,000 people. The quake…
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Cryptocurrencies are being used to provide military and humanitarian aid in the Russia-Ukraine conflict. The Russia-Ukraine conflict has tested the capabilities of crypto in a real-world conflict where sanctions and inventive blockchain crowdfunding models abound. The war, which is drawing into its ninth month, has uncovered a raft of blockchain benefits, such as the capacity…
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“Durmientes,” a new movie that will be directed by Gibran Bazan, a Mexican filmmaker, aims to be funded fully by the sale of a series of non-fungible tokens (NFTs). The NFTs, which will be sold on Metaown, a Mexico-based NFT marketplace, and designed by artist Gabriel Colin, will feature 3D models that will be connected…
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Decentralized autonomous organizations are providing relief from some of the problems that plague fundraising. The crypto space witnessed phenomenal growth in 2021. Buzzwords like nonfungible tokens (NFTs), decentralized finance (DeFi) and the Metaverse broke through to the mainstream and culminated in the crypto market peaking at over $3 trillion in November of 2021. NFTs redefined…
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The Central Bank of Bahrain (CBB) has said new regulations compelling operators of crowdfunding platforms to ensure their products are suitable for clients are set to replace existing rules which were first issued in 2017. Segregation of Client Money From Platform Operators The Central Bank of Bahrain (CBB) has issued new guidelines which apply to…
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Crypto is going mainstream, and crypto adoption will likely continue to increase in the years to come. But, in which specific areas? Using cryptocurrencies for employee compensation Several companies have already started paying employees in crypto. There are several advantages to using cryptocurrencies for employee compensation, especially for companies with a global workforce. First, cryptocurrencies…
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Illia Polosukhin, Ukraine-born crypto entrepreneur and Near protocol co-founder, explains how crypto has become an invaluable instrument for supporting Ukraine’s resistance. “Crypto became the largest driver for humanitarian help as well as some of military help for Ukraine,” said Illia Polosukhin, the co-founder of Near Protocol. Polosukhin, who was born and raised in Kharkiv, Ukraine,…
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The official Ukraine crypto wallets are now accepting donations from the Polkadot (DOT) ecosystem; cofounder Gavin Wood has donated $5.8 million or 298,367 DOT. Calls from the crypto community for Ukraine to accept other cryptocurrencies have been answered. The official Ukraine Twitter account shared that it will now accept donations from Polkadot (DOT), while other…
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