Stellar partners with UNHCR to give Ukrainian refugees cash via USDC
Humanitarian groups have increasingly used blockchain technology to solve problems with lack of banking or inadequate identity verification in developing or war-torn nations. Two new projects have been announced in December, including one that provides cash aid to Ukrainian refugees through the Stellar network and another that plans to offer cash and vouchers through the […]
Crypto Biz: $470B bank enters crypto — Probably nothing, right?
As crypto traders debate whether Bitcoin (BTC) is going to $25,000 or $15,000 first, the world’s largest financial institutions are laying the groundwork for mass adoption. The proverbial floodgates are unlikely to open before the United States provides a clear regulatory framework for crypto, but regulators and industry insiders are confident that guidance could come […]
Stellar Development Foundation launches $100M fund to support native smart contract adoption
UFC fighter El Ninja to become first argentinian athlete paid in crypto
Guido Cannetti, an Argentinian Ultimate Fighting Championship (UFC) fighter, is now the first martial arts athlete in the country to receive 100% of his salary in stablecoins, amid rising inflation and Argentina’s economic deteriorating, announced the crypto payroll company Bitwage on Monday. Dubbed El Ninja, he returns to the Octagon on October 1st in the […]
Ripple co-founder Jed McCaleb adds space station-building to resume
Blockchain technology pioneer Jed McCaleb is shifting some of his focus to a new frontier, space. The prominent crypto billionaire announced the launch of his new venture “Vast” on Sept. 12, which is aimed at expanding “human habitation in space” — “enabling a future where millions of people are living across the solar system.” According […]
Top 5 cryptocurrencies to watch this week: BTC, UNI, XLM, THETA, HNT
The United States equities markets witnessed a sharp comeback last week, led by the Nasdaq Composite which gained 7.5%. The S&P was up about 6.5% for the week while the Dow Jones Industrial Average managed a gain of 5.4%. Continuing its tight correlation with the equities market, the crypto markets are also attempting a relief […]
Crypto influencers allegedly weaponize conspiracies to fleece QAnon followers
Two QAnon-affiliated conspiracy theorist influencers allegedly caused their followers millions of dollars in losses by running a cryptocurrency pump-and-dump scheme. The pair reportedly persuaded their thousands of followers to invest in a portfolio of cryptos, presenting a misleading mix of conspiratorial and genuine content along with claims about institutions backing the tokens to generate hype […]