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Ukraine has launched a virtual NFT history museum aimed at chronicling the invasion by Russia. The war-ravaged nation intends to sell a series of non-fungible tokens (NFTs), with the profits from the sale going to the government’s Ministry of Digital Transformation.
The resurgence across major cryptocurrencies comes even as the Russian stock market opens up for trading after shutting down for a month following a central bank decision after major stock indices slumped in the aftermath of the Ukrainian invasion.
Israel’s Bank Leumi is set to become the first banking institution in Israel to enable cryptocurrency trading for its clients, according to a Thursday Reuters report.
Larry Fink, the CEO of the world’s largest asset firm BlackRock, has suggested that the ongoing conflict between Ukraine and Russia could spark massive crypto adoption.
This new fund, which is the company’s 18th investment product and third diversified fund offering, will give institutional investors exposure to an array of leading smart contract networks.
Three Arrows Capital, a Singapore-based hedge fund founded in 2012 by Su Zhu and Kyle Davies has just gobbled up 7,501.83 ETH worth $22.5 million.
Ethereum Improvement Proposal (EIP) 1559 has removed over 2 million ETH from circulation since it was implemented in August.
Ethereum whales seem to have found a sweet spot in Shiba Inu and the newly listed Bored Ape Yacht Club’s ApeCoin, splashing hundreds of millions of dollars in SHIB and APE purchases.
That said, the strength exhibited by cryptocurrencies in the past two or so weeks despite surging U.S. inflation figures and the ongoing Russia-Ukraine conflict has been a great sign for what is to come.
Whale activity has become a source of concern for Ethereum developers in recent days. Despite this, $3K is within the crosshairs for the asset class.