Cryptounity.news

  The crypto community is rallying together like never before to show support to Ukraine in the way of digital asset donations. Crypto has emerged as the method of choice for fundraising and donations as it offers several advantages over banks and traditional methods of money transfer which are slow, expensive, and often restricted and monitored. The Ukrainian government has called upon the crypto community to pledge support in a series of appeals on social media over the week, Vice Prime Minister of DIgital Transformation Mykhilo Fedorov posted three addresses for  crypto donation  on Saturday. I'm asking 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. Read full story at  https://cryptounity.news/binance-commits-10-million-to-ukraine-with-total-crypto-donation-nears-20m

  The Ukrainian government has reached out to the crypto community on Twitter to raise funds to support its citizens and defense. in the first week of the Russia Ukraine war, the  Ukrainian government has reached out to the crypto community on Twitter for raising funds to support its citizens and army . Ukraine has been started accepting Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) as a donation. Between defense threats through the country of Ukraine, the government of Ukraine sought help from numerous international organizations. However, considering time is of the essence, the official Twitter account of Ukraine extended its call help to crypto on Twitter. Mykhailo Fedorov the vice Prime Minister of Ukraine also shared three crypto wallet addresses urging the crypto community to donate and help Ukraine fight against the Russian defense. While the BTC and ETH addresses remain the same. Fedorov's USDT wallet address is TRC20 based Read full story at  https://cryptounity.news/uk

  Bitcoin has quickly recovered to yesterday's highs following the US Presidenet's confirmation that he will not intervene Defence with Russia. Bitcoin's value recently increased by $2500 within one hour in light of US President  Joe Biden;s comments on Russia's invasion of Ukraine . It's recovered to its price since before the market panic surrounding to the war took place. Yesterday, Bitcoin value decreased from $39k to $34,500 after Russian forces began attacking Ukraine;s army infrastructure Over $400 million in liquidation took place following the crash. THe entire crypto market had decliend by $200 billion on the news, leaving it at just $1.6 trillion in total. President Biden declared that Russia's aggression "cannot go unanswered," and promised sanctions on four of Russia's giant banks from the US and western allies. also said they'd "limit Russia's ability to do business in dollars, euros Yen, and Pounds to be part of the glob

  The   Russian military has started a military operation in Ukraine   as missile blasts have been heard covering several areas, including the capital of Kiev. Markets have fallen in response. Global crypto and stock markets plunged after Russian President Viadimir Putin declared on a national broadcast that his army would conduct a "special military operation" in Ukraine. The Russian military established missiles around several areas of the country. including the capital of Kiev and the coty of Kharkiv. The Bitcoin (BTC) price has dropped 7.26% to $35,000, Ethereum (ETH) down 9.48%, and Ripple (XRP) decreased 9.24% today, the overall crypto market cap has dropped 8.25% to $1.58 trillion. Read full story at  http://cryptounity.news/bitcoin-tumbles-along-with-whole-market-following-the-russia-ukraine-conflict

  India's advertising releases guidelines   has been framing guidelines for virtual digital assets The advertising Stands Council of India (ASCI) has published guidelines for crypto or virtual digital assets-related advertisement, which will be applicable after 1st April. Before advertisements must not appear in the public domain unless they comply with the new policies after April 15, 2022. The ASCI expressed that it held comprehensive consultations "with different stakeholders including government and the virtual digital asset industry" to formulate the guidelines. Read full story at  http://cryptounity.news/indian-advertising-watchdogs-releases-guidelines-on-crypto-and-digital-assets-ads

  The sports company declared the ENS domain name to its growing collection of NFTs, participate Nike and Adidas in the Metaverse. Puma joins web3  Prime is the latest in a growing list of major brands to purchase a decentralized URL and reveal their nonfungible token, or NFT by changing their Twitter handle to Puma.eth.The German sportswear brand registered the domain name with the Ethereum Name Service or ENS. Other giant companies with.ETH domains like Budweiser, the subsidiary of Anheuser Bush in Bev, which bought Beet.eth through ENS on OpenSea for 30 ETH last year. And when the fast-food chain White Castle registered Whitecastleofficial.eth, ENS' former director of operations even tweeted about his excitement. Read:  http://cryptounity.news/puma-joins-web3-by-registering-ens-domain-changes-name-to-pumaeth-on-twitter-profile

  Timothy McKimmy lost his Bored Ape Yacht Club NFT due to a phising attack , but he claims OpenSea has some responsibility in this whole situation. OpenSea drama continues to stir up controversy and although many NFT owners their massive losses, one of the victims had enough and decided to lake his case to court. Timothy McKimmy, an NFT collector, sued the NFT marketplace OpenSea after losing his Bored Ape Yacht Club NFT due to the victims had enough and decided to take his case to court. Read full story at  http://cryptounity.news/opensea-sued-for-1-million-by-user-who-lost-bored-ape-nft-in-phishing-attack

  Indian police have arrested 11 people who connected with a   Cryptocurrency fraud scheme   that has duped approx 2,000 investors out of $5.4 million. Indian police have cracked down on a cryptocurrency investment scheme that has come over 2,000 investors out of 40 crore rupees ($5.4 million) Police declared that The accused, Nishid Wasnik, and his wife Pragati, along with two other associates, Gajanan Mungune and Sandesh Lanjewar, were arrested on the day prior in Pune. They went into hiding in March last year and had been on a run until they were arrested Saturday, Read full story at  https://cryptounity.news/indian-police-arrest-11-in-defrauding-2000-investors-with-crypto-scheme

  One of the largest NFT marketplaces,   OpenSea Users in phishing attacks , has reported becoming a victim of phishing attacks; Users complain about stolen NFTs OpenSea users complained about a phishing attack that resulted in countless stolen non-fungible tokens, according to PeckShield at the same time, the NFT marketplace declared that it was investigating these "rumors" and any attack was not related to its website The blockchain security company PeachShield that there was an ongoing phishing attack, requesting clients to authorize the migration to another OpenSea website promising to be gas-free. Read full story at  http://cryptounity.news/17-million-worth-of-eth-stolen-from-opensea-users-in-phishing-attacks

  The   United Arab Emirates (UAE) is getting prepared to start issuing federal licenses to cryptocurrency   service providers in the first quarter. The UAE crypto regulation will take a hybrid approach. The government expects that a nationwide crypto licensing system will attract big companies to the UAE. The United Arab Emirates (UAE) is getting ready to start issuing federal licenses to virtual asset service providers (VASPs) by the end of the first quarter, citing an unnamed government official. The UAE's Securities and Commodities Authority (SCA) is the final stage of amending rules to regulate VASPs. The government expects that a nationwide crypto licensing system will attract big companies to the region. Read full story at  http://cryptounity.news/uae-to-start-issuing-federal-licenses-to-cryptocurrency-service-providers

  Curio Platform will be   Universal Music Group's Dedicated Global Outlet for NFTs The Universal Music Group (UMG) declared the company has partnered with the non-fungible token (NFT) platform Curio on Thursday. UMG says Curio will be a "dedicated global outlet for future officially licensed NFT projects" for the company's labels and recording artists worldwide. The UMG's NFT metaverse music group project featuring four Bored Ape Yacht Club (BAYC) NFTs, the music-based entertainment company has revealed a new partnership with the NFT company Curio NFT. The NFT marketplace platform Curio launched in 2020 and has issued more than 75,000 NFTs Read full story at  https://cryptounity.news/universal-music-group-partners-with-curio-for-nft-expansion

  The   Indian government recently declared that a 30% tax on crypto   returns has sparked an industrywide discussion on its feasibility. In Feb, Indian Finance Minister Nirmala Sitharaman declared a tax proposal that would bring the relatively unregulated digital asset space under the purview of tax authorities. The proposal includes a 30% income tax on crypto returns and a 1% tax deducted at source (TDS) by crypto exchanges on transactions above 10,000 Indian rupees ($133) Read full story at  https://cryptounity.news/indian-government-provides-little-legal-clarity-for-crypto-tax-to-traders-and-exchanges

  The "Oracle of Omaha" now has more companies in his portfolio that have direct/indirect exposure to Bitcoin and similar cryptocurrencies.   Warren Buffett invests $1B in Bitcoin friendly digital bank Warren Buffett's Berkshire Hathaway dumped a portion of its Visa and Mastercard holding and increased exposure in Nubank, the largest fintech bank in Brazil that's also popular among the country's Bitcoin investors. in a securities filing late 14 Feb. the industrial conglomerate disclosed that it had purchased $1 billion worth of Nubank Class A stock in Q4/2021. it sold $1.8 billion and $1.3 billion worth of Visa and Mastercard stock, signaling a shift away from credit companies to gain exposure in their fintech rivals. Read full story  http://cryptounity.news/warren-buffett-invests-1b-in-bitcoin-friendly-digital-bank

  Iconic American restaurant chain   McDonald's looks like it is preparing to make a move into the metaverse   by registering for 10 trademarks in the virtual space. The golden arches fun at crypto investors last month, but the fast-food company has nowadays embraced the metaverse by applying for trademarks of its brand for the virtual world. Josh Gerben, trademark attorney and founder of Gerben intellectual Property, tweeted that McDonald's submitted a trademark application on Friday, including plans for "a virtual restaurant featuring actual and virtual goods" and "operating a virtual restaurant featuring home delivery." Read full story at  http://cryptounity.news/mcdonalds-files-trademarks-for-mcmetaverse-restaurants

  Apple Pay users will be able to use   Iphone's Tap to Pay features to make crypto payments   across mainstream merchants and businesses. Apple’s Upcoming iPhone feature to give merchants a way to accept crypto payments Apple Pay users will be able to use Iphone's Tap to Pay features to make crypto payments across mainstream merchants and businesses. Apple declared the plans to launch a new feature Tap to Pay for its iPhone, that effectively turns a smartphone into a point-of-sale device for businesses and merchants. According to Apple, the soon-to-be-launched Tap to Pay feature will extend support to "Apple Pay, Contactless credit and debit cards and other digital wallets." it means that unless Apple places a direct barrier for it. Users who are using Coinbase Card,  Crypto.com  Visa Card, or a similar payments card would be able to use their cryptocurrency holding to make payments via Tap to Pay. Read full story at  http://cryptounity.news/apples-upcoming-iphone-fe

  Samsung has its new range of Galaxy S22 premium smartphones at its virtual Samsung 837X space in the Decentraland metaverse. The South Korean electronics company's willingness to embrace burgeoning technology and focus on sustainability. Over 100,000 users explore the "Samsung Unpacked 2022:" The Epic Standard of Smartphone Experiences" event in the first 11 hours since it launched on Feb 9 at 1:37 PM UTC, which is one of the Decentraland’s most experienced destinations to date. The South Korean multinational electronics company showcased the new Galaxy S22 and Galaxy S22 Plus and  Samsung Galaxy S22 Ultra model on a screen in the Samsung 837X space's  "Connectivity Theatre." Metaverse-averse fans could also watch via stream on Samsung's YouTube channel and other different social platforms. Read full story at  http://cryptounity.news/samsung-galaxy-s22-phones-tech-troubles-at-metaverse-event

  A young couple from India used nonfungible tokens(NFTs) to digitize their love for each other till eternity over the Ethereum (ETH) blockchain. Anil Narasipuram, the husband, was initially done marriage with blockchain in India. Recently marries couple from Pune, India. Anil Narasipuram and Shruti Nair decided to take their  court marriage to the next level by hosting a blockchain wedding . According to Anil, “I read some articles on how people in other countries were doing blockchain marriages and it motivated me.” Read full story at  http://cryptounity.news/indian-couple-celebrates-blockchain-wedding-with-nft-vows-and-digital-priest