Crypto News 2022–03–07
Crypto Crash Speculation 📉, FTX Expansion Into Europe 🌍, Ukraine Spending Crypto Donations 🇺🇦
🔥 Hot News
- Nasdaq “experts” say a crypto market crash is coming.
- Apple co-founder Steve Wozniak says Bitcoin is the “only one that’s pure-gold mathematics.”
- A dormant address holding 407 Bitcoins ($15M) since 2013 was just activated after 8.3 years.
- Skybridge Capital Founder believes Bitcoin will one day reach $500,000.
- Coinbase has blocked over 25,000 addresses related to Russian individuals or entities engaging in illicit activity.
Subscribe to our daily curated news that will take you less than 5 minutes to read! 😉
📰 News Selection
Crypto Exchange FTX Announces Expansion Into Europe (2 minutes)
FTX Europe is the second affiliate of the original FTX crypto exchange. The European affiliate will be led by Patrick Gruhn, who is also a partner at the Swiss legal firm Crypto Lawyers LLC. Marketing materials indicate that the exchange’s latest push will include the Middle East, though it’s unclear which countries that would include the Mideast.
Sandstorm Launches First Platform That Connects Top Brands With Metaverse Builders (3 minutes)
SandStorm, the world’s largest weekly metaverse event, will debut its live platform and NFT marketplace on Polygon and Ethereum. The project will enable brands that have little or no metaverse presence to search hundreds of verified builders, explore what’s possible for their business, and establish their virtual footprint in Web3. SandStorm also offers a white glove service to bring brands into the metaverse and build experiences for them within The Sandbox.
Valve’s Gabe Newell Doesn’t Like The ‘Super Sketchy’ Use Of Blockchain Tech In Gaming (2 minutes)
Gabe Newell is skeptical of the use of non-fungible tokens (NFTs) and cryptocurrencies in video games. To Newell, the technology is primarily used for “super sketchy” “illegal shit”, and that the nature of cryptocurrency payments could cause a $1 game to cost 500x that down the line. Newell’s comments follow the negative narrative that most traditional gamers have toward blockchain-based tech games.
How Ukraine Is Spending Crypto Donations (3 minutes)
Ukraine’s official Twitter account has been sharing cryptocurrency wallet addresses for the past few days to raise funds during the Russian invasion of Ukraine. More than $31 million has been raised for the “crypto fund of Ukraine” and around $17 million for a different fund. The addresses of each fund are shared through different channels.
Continue Reading ? Checkout our previous updates on our website!
