Tag: world

May 19 2022

Costco’s Stock Crashes 13% on Rumors that It Will Raise the Price of its Hot dogs due to Inflation

Quick take: A meme account Tweeted a fake headline that Costco was raising the price of its hot dogs due to inflation. The fake news was widely circulated even by mainstream media leading to Costco's stock falling by 13%. The stability of $1.50 hot dogs has resulted in crypto Twitter floating the idea that they could back Stablecoins. At one time, Costco's Co-founder...

May 03 2022

Dubai’s Crypto Regulator VARA To Make Its Metaverse Debut In The Sandbox Metaverse

May 03 2022 Published at Ethereum World News under tags  law and legislation world

Dubai virtual asset regulatory authority VARA looks forward to its Metaverse debut with the Sandbox This will be the first instance where a crypto regulatory authority is marking its presence in the metaverse by launching its virtual digital headquarters. Dubai's recently established virtual asset regulatory authority commonly referred to as VARA is launching its one-of-a- kind digital headquarters in the Sandbox metaverse. Dubbed "Meta...

Apr 25 2022

Tyler Winklevoss Thanks Elon Musk for his Successful Bid on Twitter

Summary: Tyler Winklevoss has thanked Elon Musk for his successful bid on Twitter According to Reuters, Twitter is set to accept Musk's $43 billion offer Cameron Winklevoss hails the purchase of Twitter as a new beginning for free speech as it will end censorship on the platform The co-founder of the Gemini Crypto exchange and Winklevoss Capital Management, Tyler Winklevoss, has thanked Elon...

Apr 18 2022

Twitter Board Could See their Salaries Drop to $0 if Elon Musk’s Takeover Bid Succeeds

Summary: Elon Musk has stated that the salaries of Twitter board members 'will be $0' if his takeover bid succeeds Elon was responding to a Tweet suggesting that the Twitter Board members earn between $250k to $300k a year for a 'part- time job' The Twitter board, excluding Jack Dorsey, collectively owns 0.12% of the company, with Elon stating that their interests are not...

Mar 27 2022

Google Chrome’s Latest Security Vulnerability Could Affect Crypto Users

Summary: Google has issued an emergency security update for Chrome (version 99.0.4844.84) The security update addresses just a single issue: an actively exploited zero-day vulnerability identified as CVE-2022-1096 Google has not released technical details of the vulnerability Earlier this year North Korean hackers had exploited a similar vulnerability, targeting crypto users and fintech companies On Friday, March 25th, 2022, Google issued an emergency...

Mar 16 2022

Ukraine’s President Approves Crypto Legalization Policy Amid Ongoing Geopolitical Tension with Russia

President Volodymyr Zelenskyy signs virtual asset law as Ukraine looks to regulate crypto exchanges and maintain funding routes for defense efforts against Russia.

Mar 15 2022

FTX Crypto Exchange Secures License in Dubai

Cryptocurrency exchange giant FTX furthers expansion push with its latest license issued by market supervisors in the United Arab Emirates. FTX has obtained regulatory approval from Emirati authorities. The exchange is set to operate in the UAE under a virtual asset exchange (VAX) license. CEO Sam Bankman-Fried confirmed the news on Tuesday and said that the firm’s recently launched European division, FTX Europe,...

Mar 12 2022

Ukraine Buys 5.5k Bulletproof Vests, 500 Helmets using Crypto Donations

Quick take: Ukraine has purchased 5,550 bulletproof vests, 500 ballistic plates for the vests, 500 helmets, and more using the country's crypto fund According to the Deputy Minister of Digital Transformations of Ukraine, Alex Bornyakov, the equipment is already saving lives in the field Deputy Minister Bornyakov has thanked everyone who has donated to Ukraine Crypto is playing a vital role in Ukraine's...

Mar 02 2022

Ukraine Confirms Airdrop as Crypto Donations Exceed $50M

In brief: The Ukrainian government has announced an airdrop to addresses that have donated to the humanitarian and military effort in the country Exact details of the airdrop are yet to be provided and whether it will include only Ethereum addresses Crypto has been donated to Ukraine using other networks such as Tron, BSC, and Solana Total donations have now exceeded $50 million...

Mar 01 2022

Visa and Mastercard Announce Plans to Blacklist Russian Banks

Mar 01 2022 Published at Ethereum World News under tags  mastercard news russia ukraine visa

In brief: Both Visa and Mastercard plan to block Russian banks from accessing their networks The move is part of sanctions against Russia for invading Ukraine Visa and Mastercard have each pledged $2 million towards humanitarian efforts in Ukraine The global payment platforms of Visa and Mastercard have announced plans to block Russian banks from accessing their networks. The plans by the two...

Feb 28 2022

Ukraine’s Vice PM requests all crypto exchanges block addresses of Russian users

SUMMARY: Ukraine Vice prime minister demands that all crypto exchanges block addresses of Russian users. The Russian -Ukraine conflict deepens as the the Russian troops are targeting the capital city of Ukraine. The crypto exchanges block request has been controversial between crypto users Ukraine Vice Prime minister request all crypto exchanges block Russian users Ukraine's vice prime minister, Mykhailo Federov, sparked an interesting...

May 11 2021

Dogecoin Eyes $0.50 as Elon Musk Asks if Tesla Should Accept DOGE

Dogecoin is once again battling to recapture $0.50 as support This follows a recent low of $0.416 after Elon's SNL episode and a crypto-wide selloff Elon Musk has asked his Twitter followers whether Tesla should accept DOGE The majority of respondents to his query are for the idea of Tesla accepting DOGE Space X will be launching a satellite named Doge-1 to the...

Mar 16 2021

Signal Messenger App. Now Accepts Donations in BTC, ETH, ZEC, LINK

In summary: Signal Messaging App now accepts donations in various digital assets Donations can be made in Bitcoin, Ethereum, ZCash, DAI, AMP, BAT, LINK, BCH, GUSD, LTC, STORJ and ZRX Signal is run as a non-profit organization and crypto donations can be claimed for Tax purposes in the USA Signal rose to prominence earlier this year as users fled Whatsapp You can now...

Oct 22 2020

Bitcoin (BTC) Seems to be Decoupling from Stocks – Weiss Ratings

Quick take: The team at Weiss Crypto Ratings has pointed out that Bitcoin seems to be decoupling from the stock market This comes after Bitcoin broke both $12k and $13k in quick succession as the stock markets were stagnant The comments by Weiss echo those of Veteran BTC analyst, Willy Woo, who was of the same opinion back in September Bitcoin can very...

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