Finance

Swiss City of Lugano to Make Bitcoin and Tether 'De Facto' Legal Tender

The municipality wants businesses to accept crypto in everyday transactions.

(Bloomberg Finance LP)

Markets

Ruble-Denominated Bitcoin Volume Surges to 9-Month High

The increase comes as the West's sanctions on Russia trigger a flight from the ruble.

Ruble-denominated bitcoin volumes surge as the Russian currency hits record low. (Source: Kaiko)

Finance

Crypto Donations to Ukraine Jump to $20M

FTX founder Sam Bankman-Fried and Chain.com CEO Deepak Thapliyal have contributed.

Ukranian Flag (Getty Images)

Markets

Market Wrap: Bitcoin Stabilizes Amid Geopolitical Uncertainty

The leading cryptocurrency reverses earlier losses in seesaw trading.

putin, russia

Markets

Tether's USDT Stablecoin Well Over $1 on Ukrainian Crypto Exchange

Tether, which is supposed to represent a $1 value as a dollar-linked stablecoin, is trading above its peg on the Ukrainian exchange amid tensions.

Tether's USDT was trading at around $1.10 on Ukrainian crypto exchange Kuna on Thursday. (Kuna)

Videos

Ukraine Crypto Exchange Founder: How Tensions With Russia Are Impacting the Region's Crypto Community

Michael Chobanian, the founder of Ukraine Crypto Exchange KUNA, joins “First Mover” to provide a firsthand perspective on the escalating tensions between Russia and Ukraine. Chobanian highlights a “slight panic” among the local population and a growing demand to exchange cash for crypto as fears of economic destabilization arise. Plus. he explains that in Ukraine, “Tether is more valuable than US Dollar” and uses the geopolitical crisis to make a case for decentralization. 

Recent Videos

Markets

Market Wrap: Cryptocurrencies Fall as Sentiment Turns Bearish

The bitcoin Fear & Greed Index declined as macroeconomic and geopolitical concerns linger.

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Finance

Tether Slashes Commercial Paper Holdings by 21%

The largest stablecoin issuer by total supply released its latest attestation report on Tuesday.

USDT is the largest stablecoin by total supply. (DrawKit Illustrations/Unsplash)

Markets

Gold-Backed Tokens Grow Despite Mixed Reviews From Analysts

With high inflation and geopolitical turmoil in the headlines, these tokens appear to be benefiting from the current investment climate.

(Federal Reserve Bank of New York, modified by CoinDesk)

Markets

Tether Blacklists Ethereum Address Linked to Multichain Hack

The address, containing more than $715,000 of USDT stablecoins, traces back to hackers who stole $3 million from Multichain users.

(Erin Mckenna/Unsplash)