Ukraine cancels token airdrop, reveals new NFT plans

[ad_1] The vice prime minister of Ukraine informed the public on Wednesday that they have decided to cancel the airdrop for crypto donors that was announced on Tuesday and plans to raise more money through the sale of nonfungible tokens (NFTs) instead. After careful consideration we decided to cancel airdrop. Every day there are more and more people willing to help Ukraine to fight back the agression. Instead, we will announce NFTs to support Ukrainian Armed Forces soon. We DO NOT HAVE any plans to issue any fungible tokens —…

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BNY Mellon plans to launch digital asset custody platform later this year

[ad_1] BNY Mellon, a major investment bank, is developing a digital asset custody platform that would allow institutional customers to gain crypto exposure. According to a report from City A.M., customers will be able to store the world’s most popular cryptocurrencies, Bitcoin (BTC) and Ether (ETH), in BNY Mellon crypto wallets which are powered by Fireblocks technology. However, once regulatory approval has been granted, the service will gradually increase and integrate a variety of tokenized traditional and digital assets. The new service, according to the investment bank, is expected to…

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Putin’s Plans in Ukraine Hurt Bitcoin Price

[ad_1] The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Volatility Spikes, Bitcoin Follows We have covered the relationship between equity market volatility and bitcoin price action extensively since the start of the new year, as the inverse correlation between the price of bitcoin and the VIX (S&P 500 Volatility Index) remains extremely strong. Volatility spiked yet again today as markets reacted…

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Universal Music Group Partners With Curio — Entertainment Giant Plans to Use NFT Platform for Labels, Recording Artists – Bitcoin News

[ad_1] The multinational music corporation  Universal Music Group (UMG) announced the company has partnered with the non-fungible token (NFT) platform Curio on Thursday. UMG says Curio will be a “dedicated global outlet for future officially licensed NFT projects” for the company’s labels and recording artists worldwide. Curio Platform Will Be Universal Music Group’s Dedicated Global Outlet for NFTs Following the UMG’s non-fungible token (NFT) metaverse music group project featuring four Bored Ape Yacht Club (BAYC) NFTs, the music-based entertainment company has revealed a new partnership with the NFT company Curio…

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A Tongan lord plans for financial security

[ad_1] A former member of the Tongan Parliament is behind a proposal to make Bitcoin (BTC) legal tender in the tiny Pacific nation of Tonga, following in the footsteps of El Salvador. It’s due for a vote in Parliament in May and the early signs are encouraging. Mataʻiʻulua ʻi Fonuamotu, Lord Fusitu’a told Cointelegraph that plans are in motion to use state-run volcano mining facilities to create wealth in Tonga.  Tonga has 21 volcanoes. “That means one volcano for every 5,000 people.” He owns one volcano himself through his family’s…

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GME rallies on GameStop NFT plans, Vitalik Buterin proposes new gas fee structure, Samsung integrates NFTs with smart TVs: Hodler’s Digest, Jan. 2-8

[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Top Bitcoin mining country Kazakhstan turns off internet amid protests Kazakhstan, which accounts for the second-largest Bitcoin mining hash rate in the world, suffered a nationwide internet blackout earlier this week after soaring fuel prices triggered a wave of violent protests in the city…

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175-Year-Old News Cooperative the Associated Press Plans to Launch NFT Marketplace – Blockchain Bitcoin News

[ad_1] On January 10, 2022, the Associated Press (AP), the American non-profit news cooperative founded in 1846, has announced the news agency is launching a non-fungible token (NFT) marketplace. The AP NFT market was built by the distributed ledger technology provider Xooa and on top of the Polygon blockchain network. AP Announces NFT Marketplace Launch The 175-year-old news cooperative the Associated Press revealed that the organization is launching an NFT marketplace using the Polygon blockchain network. According to the AP announcement, the NFT market built by Xooa will allow NFT…

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Miami Mayor Francis Suarez Plans to Take a Fraction of His 401k in Bitcoin – Bitcoin News

[ad_1] During the first week of November, the reelected Miami mayor Francis Suarez explained that he would receive part of his salary in bitcoin via the payment processor Strike. A month later, speaking at Real Vision’s Takeover event in Las Vegas, Suarez revealed he plans to take part of his 401k in bitcoin as well. Pro-Bitcoin Miami Mayor Plans to Convert a Portion of His 401k Into Crypto Miami mayor Francis Suarez is a big fan of bitcoin (BTC) and he has spoken about his fascination with cryptocurrency on various…

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Rich Dad Poor Dad’s Robert Kiyosaki Sees ‘Very Bright’ Future for Bitcoin, Plans to Buy More BTC After Next Pullback – Markets and Prices Bitcoin News

[ad_1] Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, now says bitcoin’s future is “very bright,” after predicting a “giant stock market crash” that could also tank the crypto market. He further revealed that he is waiting for the next pullback before investing more in bitcoin. Bitcoin’s Future Is ‘Very Bright,’ Says Kiyosaki Famous author and investor Robert Kiyosaki said last week that bitcoin’s future is “very bright.” Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New…

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Mining Hardware Manufacturer Bitfury Plans to Go Public – Mining Bitcoin News

[ad_1] Bitfury, the leading non-Chinese bitcoin mining hardware manufacturer, is reportedly planning to go public in the next 12 months. This would constitute one of the largest listings of a European-based cryptocurrency mining hardware company to date. The company had a valuation of $1 billion dollars after its latest funding round, and is backed by companies like Mike Novogratz’s Galaxy Digital. Bitfury Going Public in European Markets Bitfury, one of the most important cryptocurrency mining hardware manufacturers in Europe, is reportedly planning to go public in European markets.…

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