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Month: February 2022

Scalable Solutions launches new white label crypto custodial wallet

Scalable Solutions AG, a Swiss company offering B2B solutions for crypto exchanges, today announced the launch of its newest product, the Scalable Wallet. Supported on iOS and Android, the white label custodial wallet’s interface is designed for ease of use and intuitive navigation for users of all levels with the partnering company’s brand at the […]
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Cardano Inventor Front-Ran SundaeSwap Users? Research Casts Light

Over the weekend, a Reddit post accusing Charles Hoskinson, inventor of Cardano of front-running SundaeSwap users went viral. A pseudonym user said Hoskinson used a large amount of ADA to benefit from a price hike on the decentralized exchange native token, SUNDAE. Related Reading | Cardano Price Up And Down Amidst SundaeSwap Launch As one […]
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Bitcoin In Demand, Bulls Enjoy 9% Surge

Bitcoin surged as much as 9% after a weekend selloff, on anticipation that cryptocurrencies may gain popularity as a result of Russian sanctions. According to TradingView, the crypto market appears to have recovered after weeks of poor performance, with the price of Bitcoin (BTC) rising 14.5 percent in the last week to little over $43,000. […]
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US Treasury Dept lists digital currencies as part of effort to sanction Russia’s government

The Treasury Department guidelines equated crypto transactions to “deceptive or structured transactions or dealings” in attempting to evade U.S. sanctions. The Treasury Department and reportedly the White House are warning U.S.-based companies and individuals not to facilitate crypto transactions sent to certain Russian nationals and banks. According to regulations from the Treasury Department’s Office of […]
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Crypto investment funds attract $36M in capital despite market turmoil

Inflows into Bitcoin and Ether investment products continue to rise as institutional investors re-accumulate. Cryptocurrency investment funds recorded a sizable increase in inflows last week, signaling that institutional investors were still gaining exposure to digital assets despite extreme volatility in the market.  Digital asset investment products registered $36 million in cumulative inflows for the week […]
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Bitcoin climbs to $41K and flippens the Russian ruble

The Central Bank of Russia reported the country’s money supply was 65.3 trillion rubles as of Feb. 1 — roughly $629 billion with the recent drop against the U.S. dollar. After climbing to a price of more than $41,000 on Monday, Bitcoin’s market capitalization has surpassed that of the Russian ruble.  According to data from […]
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