2022-03-02

Daily Digest – March 2nd

• Coinbase, Binance and Animoca Impose A Measure of Restrictions on Russian Cryptocurrency Accounts.

• Terra Flips ETH in Staking After A Wild Week With Incredible Gains

• Hackers Infiltrate Nvidia's Data, Putting Mining at Risk

• First of its Kind NFT Vending Machine Opens In New York with an Element of Randomness

Metaverse Giant Animoca Brands Cuts Off Services for Users in Russia

One of the world’s biggest blockchain gaming companies Animoca Brands halts its services to Russian users following Russia’s invasion of Ukraine. The move is exceptional in the crypto world, as most large blockchain companies continue to serve clients in Russia...

Bitcoin Is Forming a Bullish Double-Bottom Pattern

The director of global macro at Fidelity Investments, Jurrien Timmer, posted on Twitter on March 1, 2022, that he has spotted a double-bottom Bitcoin pattern. This can be applied to Bitcoin-linked equities as well, which typically move similarly with the largest cryptocurrency token...

Russians Paying up to $20,000 Above Market Rate in Order to Buy BitcoinAs the sanctions imposed on Russia are leading to the collapse of the Ruble, data suggests that Russians are turning to Bitcoin as a means of protecting themselves from the fallout.

Hillary Clinton Disappointed That Crypto Exchanges Refuse to End Transactions with Russia

Former U.S. presidential candidate Hillary Clinton made an address to President Biden’s administration about the need to regulate cryptocurrency. The U.S. politician believes that the world has must do everything in its power to isolate Russian economic activity, as the pressure could have a sizable impact on Putin. She commented further on the issue during an interview with MSNBC’s Rachel Maddow...

That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,Tadas