On Friday, the Kingdom of Tonga experienced the shockwave of a massive volcanic eruption of the Hunga Tonga-Hunga-Ha’apai volcano. More eruptions ensued after the first, leaving the citizens of Tongatapu, the main island of Tonga, to face down a tsunami. Amid the difficulties, crypto holders expressed their sympathy and intent to donate Bitcoin (BTC) to help…
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Back in October 2021, The Campanile Foundation (TCF), an auxiliary of the San Diego State University (SDSU), accepted its first crypto donation. Now, the university announced that it is welcoming digital currency donations in Bitcoin (BTC) and Ether (ETH). TCF Chief Financial Officer David Fuhriman said one percent of the total crypto holdings would be…
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Back in 2019, the Wikimedia Foundation started accepting crypto donations through Bitpay, but three years later, the nonprofit organization behind Wikipedia is facing pressure from contributors to disable the option over environmental concerns. A proposal submitted by Molly White (GorillaWarfare) urges the foundation to stop accepting crypto. According to White, accepting crypto does not align…
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Sam Bankman-Fried, the founder and CEO of crypto exchange FTX, reportedly called out regulators to create a single framework for digital assets in the Asian Financial Forum, an event organized by Hong Kong’s government to highlight new opportunities within the region’s economic landscape. The businessman pointed out that instead of focusing on determining whether assets are…
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The FTC published an alert of a new version of a scam involving cryptocurrencies. The scam has three key components, an impersonator, a QR code and a crypto ATM where the victims will be directed to send money. According to the FTC, fraudsters pretend to be public officials, law enforcement agents or employees of local…
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While many countries are inclined to simply ban the use of Bitcoin (BTC) and virtual assets, regulators in the United Arab Emirates are taking a different approach. The country has been consistently enacting its vision of becoming a blockchain capital by providing frameworks to guide crypto businesses on how to operate in accordance with the…
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The European Securities and Markets Authority (ESMA) is seeking stakeholder input on the use of distributed ledger technology for securities trading and settlements. The European Union’s securities regulator recently published a “call for evidence” to invite stakeholders to share their feedback on the regulations for regulatory technical standards (RTS) on reporting and transparency on the…
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Athletes and politicians made headlines as they opted to get paid in crypto earlier this year. Now, in an attempt to attract a younger workforce, companies are starting to offer crypto salaries. A recent CNBC article highlighted two different cases where young talent is paid in crypto. University student Stephen Gerrits and artist Tiyanna Brown…
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Billionaire Ray Dalio gave another positive sentiment, saying he is impressed with crypto while classifying cash as “the worst investment.” In an interview with Yahoo! Finance, on December 17, the Bridgewater Associates founder stated that he thinks it’s “impressive” that crypto lasted without being hacked in the last decade. “I think it’s impressive that for…
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