US Banking Giants Goldman Sachs and JPMorgan Wind Down Business in Russia

US Banking Giants Goldman Sachs and JPMorgan Wind Down Business in Russia

Global investment banks Goldman Sachs and JPMorgan Chase are winding down business in the Russian Federation. The move comes as western sanctions against Moscow over its decision to launch a military invasion of Ukraine continue to expand, supported by leading financial institutions. Goldman Sachs and JPMorgan Scale Down Russian Operations Goldman Sachs Group and JPMorgan Chase have become the first major American banks to announce they are leaving Russia, a process that according to industry experts may take months if not years. Their decisions follow the imposing of unprecedented sanctions…

Read More

How to Choose The Best Decentralized Exchange

Decentralized exchanges (DEXs) have been one of the key building blocks of the decentralized finance (DeFi) ecosystem. Since 2019, the number of DEXs has increased dramatically. According to a recent Chainalysis report, the number of decentralized exchanges is rising faster than all other forms of crypto exchanges combined. In fact, the number of DEXs between Q1 2019 and Q3 2021 increased more than 100% and the numbers are rising at a breakneck pace. However, with so many developments happening in this sector at such a rapid pace, it has become…

Read More

IOEN announces exchange listing on MEXC

IOEN announces exchange listing on MEXC

Melbourne, Australia, 11th March, 2022, Chainwire Today the Internet of Energy Network (IOEN) is proud to officially announce its new listing on the centralized exchange MEXC, one of the top centralized exchanges in the world. The listing will take place on Tuesday the 15th of March, at 03:00 UTC, with the initial trading pair IOEN/USDT. This follows on from IOEN’s listing on Gate.io a few months ago, and IOEN’s listing on various decentralized exchanges.    Prior to trading opening, IOEN is participating in the MEXC Kickstarter event, where users can…

Read More

Bitcoin, Ethereum and USDT Donations to Ukraine Hit $13M

Bitcoin, Ethereum and USDT Donations to Ukraine Hit $13M

Encrypted crypto donations to Ukraine have hit $13 million This includes 1,349 Ethereum, 204 Bitcoin and various amounts in Tether (USDT) and USD Coin (USDC) The donations of Ethereum and Bitcoin could be what has stabilized the value of BTC and ETH in the last few days A constant flow of crypto donations and the use of crypto in Ukraine could benefit the markets The value of encrypted crypto donations to assist Ukraine in its efforts to repel Russia has hit a new milestone of $13 million. This development was…

Read More

Ramper Raises a $3M Pre-Seed Round, Led by Hashed

Ramper Raises a $3M Pre-Seed Round, Led by Hashed

Seoul, South Korea, 11th March, 2022,  – Ramper, the SDK/API provider for building frictionless user-onboarding solutions on web3, today announced that it has raised $3M in Pre-Seed round of funding. Hashed led the round with participation from Terra, Polygon, Goodwater Capital, Samsung NEXT, Golden Ventures, R7 Partners, 500 Global, Maple VC, and other angels. Ramper was developed to remove friction preventing the adoption of web3. “If the first step of onboarding is to connect-a-wallet, we’ve already lost all users. This is the state of web3 today. It’s a jarring experience…

Read More

Ukraine Crypto Trading rose by 107% since the Russian-Ukraine Conflict. Is the war bolstering crypto adoption?

Ukraine Crypto Trading rose by 107% since the Russian-Ukraine Conflict. Is the war bolstering crypto adoption?

Crypto trading rose by 107%in Ukraine since the conflict began Combined Russian-Ukraine crypto trading in USDT and BUSD pairs has attracted an average of US$80m a day at times.  A recent report issued by Financial Times highlights how the Russian invasion of Ukraine may help mainstream crypto adoption.  The report further explains how crypto donations made to Ukraine have proven instrumental in influencing the crypto industry and the attitude of the masses towards the digital asset market.  Crypto Philanthropic Efforts To Ukraine May Boost Cryptocurrency Adoption Recently, the Ukrainian authorities…

Read More

NFTs: Utility with a Hint of Collectibility

Non-Fungible Tokens (NFTs) proved that revolutionary ideas are always welcome by the crypto world. However, extremely successful projects within the sphere, such as the Bored Ape Yacht Club (BAYC), became hits for good reasons, and not just coincidentally. Read on to see the most recent results about what makes an NFT project stand out, as well as to meet some new, rising stars of the market. NFTs summarized Non-Fungible Tokens (NFTs) are special, one-off cryptocurrencies that are completely unique and tamper-proof. They cannot be replaced, nor can there be any…

Read More