Anchor Nips at Aave's Heels as Defi Protocol Becomes Second-Largest Lending Application
While the decentralized finance (defi) platform Anchor Protocol’s native digital asset ANC has gained more than 180% over the last month, the total value locked (TVL) in Anchor has increased a great deal during that time as well. Anchor Protocol is currently the second-largest defi lending platform in terms of TVL, and over the last month, Anchor’s TVL has increased by 40.13%.
Binance, Coinbase Explain Why Cryptocurrency Won't Help Russia Evade Sanctions
The chief executives of two major cryptocurrency exchanges, Binance and Coinbase, do not believe that cryptocurrency is an effective tool to help Russia evade Western sanctions.
Centralised finance cripples Russia as Visa and Mastercard withdraw from country
Have SWIFT, PayPal, Mastercard and Visa finally exposed the vulnerabilities of centralised finance? Crypto may soon be the only transaction method left in Russia.
Paypal Joins Other Payment and Remittance Providers Suspending Services in Russia
A number of payment and remittance platforms, now including Paypal, have restricted access to their services in Russia as western sanctions over Moscow’s invasion of Ukraine continue to expand. Fintech companies have been limiting operations in the Russian Federation also in response to Kyiv’s call for help.
Rich Dad Poor Dad’s Robert Kiyosaki Advises Investors How to Profit From Inflation
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has given some advice on how to profit from inflation. Bitcoin is part of his strategy. He also praised the Ukrainian government for standing up to Russian President Vladimir Putin.
Singapore hits Russian banks, crypto funding under sanctions
Singapore will impose unilateral sanctions against Russia, a move a former diplomat said was the first time in decades that the city state was censuring a foreign nation without backing from the United Nations (UN) Security Council.
New data suggests Russians don’t trade crypto like they used to
Crypto transaction volume on Russian exchanges have plunged by 50%.
NFTs NFT buyers drop to lows last seen five months ago
Since the phishing attack on OpenSea, the NFT space has recorded dwindling numbers of buyers.
77% of Saudis Aware of Cryptocurrencies, Only 18% Currently Buying and Selling
More than three-quarters of Saudi Arabian residents are aware of cryptocurrencies, a new Yougov survey has found. However, the study also found that only 18% of those surveyed are presently buying and selling cryptocurrencies.
Ukraine has the highest crypto adoption in Europe and fourth globally
This reports shows how Ukraine has the highest adoption of cryptocurrency in Europe dating back to 2021
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