Shake Shack Offering Bitcoin Rewards for Customers Using Block’s Cash App: Report
The burger chain is testing customer demand for cryptocurrency options, especially among its younger clientele. Source
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Venezuela Pegs Minimum Wages to National Cryptocurrency: Report
The venezuelan national cryptocurrency is based on the DASH blockchain, and has many characteristics of a CBDC. Original Source
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Top Russian Bank Quits Europe, Citing Sanctions: Report
Sberbank, one of Russia's largest state-controlled banks, is dropping out of almost all European markets citing Western sanctions. Source
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SEC Probing NFT Market: Report
At issue is whether certain tokens should be considered securities and thus regulated. Original Source
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‘Help Ukraine’ Scams Appear as Country Seeks Crypto Donations, Report Reveals – Bitcoin News
Scams have started exploiting the desire of many in the crypto community to support Ukraine’s efforts to withstand Russia’s military assault and help its citizens endure the conflict. As the country is raising millions in bitcoin, a report has indicated that fraudulent schemes luring donors to “help Ukraine” with cryptocurrency
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Animoca Brands Will Stop Offering Services to Russian Users: Report
The Hong Kong gaming giant has received legal advice to impose restrictions, the chairman and co-founder said. Source
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Criminal Whales Hold $25 Billion In Crypto Assets: Chainalysis Report
Chainalysis recently published a study on criminal enterprises, specifically the so-called criminal whales, that retain vast sums of money in the form of cryptocurrencies. The study claimed that criminal whales still hold $25 billion in crypto assets despite substantial law enforcement seizures last year. Cryptocurrency had a solid year in 2021, reaching
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Two European Soccer Clubs Cancel Sponsorship Deals With Bitci: Report
Portuguese soccer club Sporting Lisbon and Italian team Spezia have cancelled their sponsorship deals with Turkish crypto firm Bitci, according to a Bloomberg report Friday. Original Source
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EU Wants New Anti-Money Laundering Authority to Have Crypto Oversight: Report
The EU is setting up an anti-money laundering watchdog, and leaders want it to have strict oversight of crypto firms. Original Source
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Games will adopt blockchain in 2022 through esports and P2E models: Report
In the past, earning money through games was only possible by uploading gaming videos online, streaming game content and playing competitively through esports. But in 2021, many realized that through blockchain, gamers can earn money simply by playing.This trend may continue in 2022 as play-to-earn (P2E) business models become more
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