Recap on crypto – The latest in Cryptocurrency Chart
A quick review of the cryptocurrency chart. News on Bitcoin, Ethereum, and Tether to help you get updated.
Bitcoin and Ethereum prices have recovered to trade in the green today.
On 28th February, the global cryptocurrency chart market value climbed by 4.01 percent to $1.80 trillion, but trade volumes dropped by 36.17 percent to $97.59 billion. Bitcoin increased by 2.05 percent to Rs 30,99,654, while Ethereum increased by 5.64 percent to Rs 2,20,188. The overall volume of stablecoins was $80.49 billion, or 82.48 percent of the 24-hour cryptocurrency trading volume. The total volume of the DeFi area was $15.10 billion, accounting for around 15.47 percent of the total bitcoin trading volume.
‘Come Back Alive,’ a Ukrainian NGO, has been suspended by Patreon for ‘military financing activity.’
After it was found to violate the company’s terms, the Ukrainian NGO Come Back Alive was suspended by Patreon, a content creator’s membership site that may also be used as a crowdfunding source. When armed conflict erupted between Ukraine and Russian-backed separatists in 2014, Come Back Alive was founded. The NGO claims to be supplying Ukrainian fighters with armor and medical supplies. Over $300,000 was reported to have been contributed in the hours following Russia’s invasion of Ukraine. Patreon swiftly took down the NGO’s page and reiterated in a blog post that the platform should not “be used for funding military operations.”
Huxley Ethereum NFT Comics to be Adapted Into Film by Marvel Producer Arad
Ari Arad’s Arad Productions announced Monday that it would adapt artist Ben Mauro’s Ethereum NFT comic book project, Huxley, into a feature film. Huxley is a science-fiction story told in six digital issues that may be purchased as Ethereum NFTs. Arad Productions has teamed up with Web3-focused production house Feature to make the film and engaged VFX supervisor Jerome Chen to help transfer Mauro’s vision to a new medium.
The Founders of BitMEX have pleaded guilty to violations of the Bank Secrecy Act.
The founders of crypto exchange BitMEX, Arthur Hayes and Benjamin Delo have pledged to violate the US Bank Secrecy Act. Hayes and Delo deliberately failed to “create, implement, and maintain an anti-money laundering policy at BitMEX,” according to a press release with the US Department of Justice. Both parties have agreed to pay a $10 million criminal fine for gains earned from the offense.