In light of the Ukraine crisis, major crypto exchange firms including Binance and Kraken have responded to the pleas to freeze Russian users’ crypto addresses.  Ukraine’s Plea to Crypto Exchange Firms On February 27, Mykhailo Federov – Vice Prime Minister of Ukraine took to Twitter to urge crypto exchanges to freeze the crypto addresses of Russians. The request came days after both U.S and EU decided to remove Russian banks out of SWIFT and freeze overseas assets of Russia’s Central Bank. I'm asking all major crypto exchanges to block addresses of Russian users. It's crucial to freeze not only the addresses linked to Russian and Belarusian politicians, but also to sabotage ordinary users. — Mykhailo Fedorov (@FedorovMykhailo) February 27, 2022 Fedorov continued tweeting about firms freezing accounts of Russian and Belarusian users. One such startup, DMarket specializes in NFT and virtual in-game items in Metaverse was praised by Fedorov for the same.  Received breaking news. @dmarket, a platform for trading NFT & In-game Metaverse items, decided to freeze the accounts of users from the Russian Federation and Belarus. Funds from these accounts could be donated to the war effort. Nowadays Robin Hoods. Bravo. — Mykhailo Fedorov (@FedorovMykhailo) February 27, 2022 Crypto Exchanges Response to Ukraine Jesse Powell, CEO of Kraken stated in response to Ukraine’s plea that although the sentiment is duly respected, they cannot block Russian users. Cryptocurrency exchange Binance also voiced similar opinions.  Early morning on February 28, Jesse Powell tweeted about declining the request set by Ukraine. However, he stated,  “Russians should be aware that such a requirement could be imminent.” 1/6 I understand the rationale for this request but, despite my deep respect for the Ukrainian people, @krakenfx cannot freeze the accounts of our Russian clients without a legal requirement to do so. Russians should be aware that such a requirement could be imminent. #NYKNYC https://t.co/bMRrJzgF8N — Jesse Powell (@jespow) February 28, 2022 In the same thread, Jesse Powell also mentioned the objective of Kraken. According to Powell, Kraken FX wishes to bridge individual humans out of the legacy financial system and urge them to look forward to the crypto world.  “Where arbitrary lines on maps no longer matter, where they don’t worry about being caught in broad, indiscriminate wealth confiscation.” Although Binance stated that there are no plans of blocking user accounts, they do wish to take action against users blacklisted by the West. Binance also wants to minimize the impact on innocent users. Furthermore, Binance guarantees to comply with sanctions imposed by the international community. 

The post Jesse Powell Declines Ukraine’s Request to Freeze Russian Users Crypto Addresses appeared first on Cryptoknowmics-Crypto News and Media Platform.

Mykhailo Fedorov, vice prime minister and minister of digital transformation of Ukraine, has called on crypto exchanges to freeze the accounts of both Russian and Belarusian users. Fedorov had tweeted asking crypto exchanges to ban Russian accounts on February 27, following several days of intense fighting in Ukraine after Russian forces invaded the country late […]

The post Which Will Enter the Top 5 Surpassing Cardano & XRP, Terra(LUNA) or Solana(SOL)? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Terra(LUNA) Price Analysis Terra’s price from the past couple of days has ignited a huge uptrend remaining less impacted by the recent economic turmoil. Yet the large influx of volume showcasing the immense confidence of the traders induced huge strength in the rally. And hence the asset does not appear to be unstoppable until it …

The post Shiba INU Showcases Huge Bullish Signals, This is When SHIB Price May Break the Barrier to Hit $0.00005! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

ShibArmy nowadays appears to be pretty passive as the SHIB price is lagging the required momentum. The SHIB price gets rejected at $0.000025 after attempting pretty hard to hold these key levels. Yet the current buying volume appears to be in favour of the asset. And hence a quick rebound may be fast approaching. Therefore …

The Central Bank of Argentina is reportedly working on a new group of regulations seeking to control the totality of the digital wallets in the country. This new legal framework is directed at stopping fraud said to be facilitated by these tools. According to leaks on local media, the publication of the law is imminent.…

The post Central Bank of Argentina Prepares New Regulations for Digital Wallets appeared first on Bitcoin News Miner.

The modular Windows crimeware platform known as TrickBot formally shuttered its infrastructure on Thursday after reports emerged of its imminent retirement amid a lull in its activity for almost two months, marking an end to one of the most persistent malware campaigns in recent years. "TrickBot is gone... It is official now as of Thursday, February 24, 2022. See you soon... or not," AdvIntel's

Over 14.5 BTC have been donated on Thursday to one of the largest organizations supporting the Ukrainian military.

The digital economy continues to grow, up significantly from 2002, when total holiday sales hit just $416.4 billion. Eventually it all passes through financial service institutions. Whether payments are processed through Apple Pay or Venmo, PayPal or a debit card, there is always involvement with an account at a financial services institution. This opens up […]

The Federal Reserve is still deciding whether or not to issue a central bank digital currency (CBDC), according to a statement from Lael Brainard, a Federal Reserve Board Governor. Brainard, a proponent of a federal backed digital dollar, that the Federal Reserve Board recently created a discussion paper outlining the Federal Reserve’s current stance on […]

The post Federal Reserve Still Undecided On US CBDC appeared first on Coin Bureau.

Bitcoin is testing $40,000, a key psychological level, as the U.S. plan talks with Russia about military intelligence that suggests an imminent Ukraine invasion, which it denies. Since January, the world’s largest cryptocurrency by market capitalization, bitcoin, has been on track to notch its first week of losses, putting a halt on the token’s recovery […]

Read full post Bitcoin falls to $40,000 amid the Russia-Ukraine crisis. on Chaintimes.com.

It doesn't sound like we'll be seeing System Shock 2 VR anytime soon...