Ukrainian Government to issue NFTs to gather funds against the Russian invasion The war in Ukraine has demonstrated additional usecases for Cryptocurrencies and the Blockchain. First, we saw officially the Ukrainian government gathering donations in the form of Cryptocurrencies. The official Ukrainian Government Twitter account posted wallet addresses for Bitcoin, Ethereum, USDT, and Polkadot where the crypto community can donate to help the country trying to survive Russian…
@Ceek in March 2022
Coinbase blocks 25,000 Russian wallet addresses: What does this mean The war in Ukraine is one of those moments in history that will inevitably shape the way we do or see things, even in the Crypto- sphere. As US, EU, and other countries started imposing sanctions to Russia many have been pondering whether Russia can circumvent those sanctions by turning to Crypto. Coinbase, the top Centralized US Crypto Exchange, announced yesterday that it was blocking 25,000 wallet…
Instagram planning to add NFTs: Why this could be a game changer Mark Zuckerberg the founder and CEO of Meta, the company that owns Facebook, Instagram, and WhatsApp, among others announced that they are planning to introduce NFTs on the popular photo & video sharing app Instagram. The claim happened live during a panel discussion at the South by South West (SXSW) festival held in Austin, Texas. Furthermore, Zuckerberg added that users will be able to mint their own NFTs and…
Airbnb exploring Crypto payments: What does this mean Airbnb, one of the leading home rental platforms in the world is exploring crypto payments. The news broke after Brian Chesky, its founder posted a question on Twitter asking what new feature should Airbnb add in 2022. The responses were overwhelmingly in favour of adding crypto as a payment option for platform users. Airbnb had been noticing the gradual global shift that has taken place for cryptocurrencies and it is not…
The Ronin Bridge of Axie Infinity was hacked: This is the biggest hack in the history of Crypto The bridge of the Ronin network in which the highly popular Axie Infinity game runs has been hacked. It looks like the hack had taken place around 6 days before the official announcement but the team behind Ronin had either neglected to identify it previously or delayed to report it. The sum that the hackers got away with includes 173,600 ETH and 25.5 million USD. The total of…