Binance limits crypto services to Russian users after EU’s latest sanctions package
Following the European Union’s (EU) fifth sanctions package against Russia, Binance has begun taking “restrictive measures” against Russian users and entities.
Russian users with accounts holding more than €10,000 in cryptocurrencies will face the brunt of these measures. These accounts will not be able to deposit any funds, and users will be expected to close their accounts within 90 days.
Monero’s crypto of choice as ransomware ‘double extortion’ attacks increase 500%
A new report by blockchain analytics firm CipherTrace highlights the growing role that privacy-focused cryptocurrencies such as Monero are playing in the rising tide of ransomware.
Monero is a privacy-based cryptocurrency that uses a combination of technologies such as mixers, ring signatures and stealth addresses that obfuscate sending and receiving wallets. This is why it has become the primary asset of choice for those demanding ransoms.
Analysts say Bitcoin has ‘already capitulated,’ target $41.3K as the most hold level
Acccording to analytics, Bitcoin price needs to break above $41,300 to complete a potential inverse head and shoulders pattern. As for the bearish case, a failed retest of $41,300 would result in a minimum dump target of $35,000.
According to CoinMarketCap, BTC is recovering and gaining 0.80% to 41,700 USD, leading to a growth in the price of the entire market.
FIO Protocol announced new partnership with Mintverse
FIO has joined hands with Mintverse, a multichain NFT marketplace, to integrate FIO NFT Signatures & FIO Send into their platform. FIO NFT Signatures will protect buyers & sellers of NFTs by giving the creators on Mintverse the ability to sign the NFT using their personalized FIO Crypto Handle.
The integration of FIO Send will give Mintverse users the ability to easily send NFTs without the stress of copying & pasting long public addresses.
Top 10 Daily Gainers – Metaverse Category
In addition, metaverse projects have also witnessed impressive growth in the past 24 hours.
Only 17 hours after GensoKishi Metaverse Token (MV) was listed on the ONUS app, this asset has caught the attention of ONUS user community with a spike of 25.16%, trading volume reached 385.82 thousand USD. Following behind are RACA (up 6.82%), PLA (up 5.16%), BSW (up 4.25%),…
SwissBorg introduces automated smart yields on AVAX for customers in 100+ countries
SwissBorg, an app offering buying, staking, and analysis of various crypto assets, has added Avalanche’s native token (AVAX) for purchase and staking.
Users who stake AVAX can earn 3.75% APR, with the option to further increase yields to as high as 7.5%.
50.3 billion SHIB bought by whale
As per data shared by WhaleStats crypto tracker, slightly over 15 hours ago, an investor acquired a total of 50,296,290,794 SHIBA INU. This is the equivalent of $1,269,981.
Monero aims to upgrade in July
According to a recent update on Monero’s Github repository, the privacy-centric crypto network plans to hard fork in July, at block height 2,668,888.
The hard fork would improve network security and fee changes, developers confirmed in a GitHub post. A testnet deployment is expected in May.
400 new projects and 100K new wallets in a month on Cardano
According to Cardano creators Input Output (IOHK), there are nearly 900 projects in development on the network.
Activity on the Cardano blockchain is starting to heat up, with 400 new projects in the works along with 100,000 new wallets being created over the past month.
Hyundai to become the first automaker to enter the NFT market
Hyundai Motor, one of the ten biggest car manufacturing companies, will be joining hands with the ‘Meta Kongz’ NFT brand to create its own set of NFTs and a concept film.
On April 20, Hyundai is also going to issue 30 limited edition ‘Hyundai x Meta Kongz’ NFTs to commemorate the release of the concept film. The team intends on further expanding Hyundai’s NFT Universe this year.