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Bitcoin
HSBC, Nationwide Impose New Restrictions on Cryptocurrency Purchases in UK
HSBC and Nationwide have imposed new restrictions on cryptocurrency purchases in the U.K. The two financial institutions cited a warning from the Financial Conduct Authority (FCA), the British regulator overseeing the financial services…
Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s…
During the past 30 days, the total value locked (TVL) in Lido Finance’s liquid staking protocol increased by 10.57%, with 7.56% of the increase occurring within the last seven days. The protocol’s dominance in decentralized…
Biggest Movers: ADA Hits Multi-Week Low, as Red Wave Hits Crypto Markets
Cardano fell to a multi-week low on March 2, as cryptocurrency prices were mostly lower in today’s session. The global market cap has mostly declined on Thursday, and is trading 1.71% lower as of writing. Cosmos was also in the red,…
US Treasury and White House to Hold Regular Meetings on CBDCs and Payment Innovations
On March 1, 2023, Nellie Liang, undersecretary for domestic finance at the U.S. Treasury, delivered a speech to the Atlantic Council in Washington concerning the subject of central bank digital currencies (CBDCs). Liang detailed during her…
Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain
A bank in Russia has issued the country’s first blockchain-based bank guarantee denominated in Chinese currency. The financial institution underscored the advantages of using a digital form of the document and pointed out that demand for…
Bitcoin, Ethereum Technical Analysis: BTC Edges Lower, as US Manufacturing Sector Contracts
Bitcoin fell into the red on March 2, as markets reacted to further negative data from the United States. The nation’s manufacturing sector contracted for a fourth straight month in February, which comes as consumer confidence also…
Over 20,000 Ukrainians Sign Up for Free Course on Crypto, Official Says
Crypto classes organized for Ukrainians have begun on a government-run portal, a minister announced. More than 20,000 people have registered for the educational course in the war-torn country which maintains an objective to become “the best…
The HDF Educational Welfare Report: CoinEx Charity Empowers Children’s Education Through Charitable…
PRESS RELEASE. Since last year, CoinEx Charity has been funding children in poor areas, bringing them back to school to continue their education. The Mercy Children’s Educational Welfare Program is still ongoing and has helped over 20,000…
Innovations Help to Substantially Reduce the Gap Between Decentralized and Centralized Exchanges —…
While centralized exchanges are thought to be safer and more efficient, proponents of decentralized platforms like Tim Shan insist that user experience on decentralized exchanges has improved. In addition, inherent benefits associated with…
Ukraine’s Government-Provided Crypto Addresses Raised $70 Million During War, Report
Crypto donations collected by the government in Kyiv since the start of the Russian invasion have amounted to almost $70 million, according to Chainalysis. Ether has been the most donated crypto followed by bitcoin and the stablecoin…