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Ukraine
Russian Accounts Frozen in South Korea; China’s ‘Two Sessions’ Agenda
Crypto donations continue to flood in for Ukraine. South Korea’s Gopax freezes Russian accounts. Could Ukraine be on the agenda at China’s “Two Sessions”? Demand for blockchain education soars in India. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Is the IRS Exploring NFTs as a Tax Revenue Source?
Nik De, CoinDesk managing editor for Global Policy and Regulation, joins “First Mover” to provide the latest update in an ongoing lawsuit against the Internal Revenue Service regarding income taxes for staked cryptocurrency on the Tezos blockchain. Plus, a discussion on whether the IRS could be looking into NFTs for tax revenue, and why Ukraine’s minister for Digital Transformation canceled the proposed crypto airdrop.
Ukraine Government Cancels Airdrop Ahead of Scheduled Snapshot
The minister of digital transformation announced the cancellation on his Twitter account.
‘Peaceful World’ Token Spoofs Traders Ahead of Now-Canceled Ukraine Airdrop
The WORLD tokens spotted earlier on Etherscan were a spoof of the country's now-canceled airdrop.
Apparent Ukraine WORLD Airdrop Might Be Spoof
The peaceful world tokens that appeared to be sent by Ukraine's crypto addresses could have been spoofed, blockchain analysts said.
No, the 'Peaceful World' Token Is Not Ukraine's Secret Airdrop
Data from Etherscan appeared to show Ukraine's official crypto donation wallet was testing airdrops and seeding a Uniswap liquidity pool. It was not the real thing.
Ukraine's Airdrop Tease Spurs Influx of Microdonations
Thousands of small donations ranging from 0.0001 to 0.01 ETH are flooding the Ethereum blockchain ahead of an announced giveaway.
Oanda Senior Market Analyst: ‘Cold Winter for Crypto Appears To Be Over’
Edward Moya, Oanda senior market analyst for the Americas, joins “All About Bitcoin” to discuss bitcoin’s value as an asset given several global macro factors currently growing crypto’s widespread appeal.
Bank of America: No Crypto Winter Given User Adoption, Developer Activity
Recent analysis from Bank of America indicated that amid increasing concerns of inflation and growing user adoption in the cryptocurrency space, a “crypto winter” is not likely to take place. “The Hash” discusses this thesis, looking at institutional adoption, the magnification of the NFT marketplace, and the use cases for crypto as seen in El Salvador, Canada, and now Ukraine.
Ukraine Confirms Airdrop for Crypto Donations
After receiving over $33 million in crypto donations amid the Russian invasion, Ukraine has confirmed an airdrop for those who contributed to its official crypto wallets. “The Hash” team discusses this nuanced phenomenon of nonstate currency being used by a country during warfare and how networks like Polkadot and Avalanche can get involved.