Market BuzzCryptocurrency Prices Today: Markets bounce back as bitcoin, ethereum trade in green
Over the last 24 hours, the total volume in the decentralised finance (DeFi) space stood at $17.05 billion, constituting around 15.65 percent of the 24-hour cryptocurrency trading volume. The total volume in stablecoins stood at $90.04 billion, around 82.62 percent of the 24-hour cryptocurrency trading volume. In rupee terms, bitcoin rose 11.19 percent to trade at Rs 33,29,547 while ethereum increased 8.39 percent to Rs 2,24,599.8. Read more here.
Bitcoin CentralBitcoin Trading Against the Ruble Surges as Russia’s Currency Crashes
Ruble-bitcoin trading volume surged to a nine-month high as the Russian currency collapsed against the dollar in the wake of Russia’s invasion of Ukraine. According to data by blockchain analytics company Kaiko, published in Coindesk, ruble-denominated bitcoin trades blew up by as much as $1.5 billion. Reportedly, the bulk of the activity was concentrated on Binance The data also reveals that tether-ruble trading volume rose to an eight-month high of 1.3 billion RUB. Read more here.
Crypto BuzzIsraeli Defence Ministry Seizes Crypto Wallets Linked to Hamas Funding
The Israeli defence ministry has announced the seizure of digital wallets containing cryptocurrency allegedly intended to fund the terrorist group Hamas. Defence minister Benny Gantz signed a seizure order for 30 wallets containing tens of thousands of shekels linked to 12 digital accounts, according to a press statement issued by the National Bureau for Counter Terror Financing of Israel (NBCTF). The wallets belonged to businesses that “assisted the Al’matchadun currency exchange company belonging to the Shamlach family declared by the Defense Minister as a terror organization,” with some of the seized cryptocurrency owned by the Shamlach family directly, a statement said. Read here.
NFT CentralKPMG Canada Buys World of Women Ethereum NFT, ENS Domain Name
The Canadian outpost of the global accounting firm KPMG has purchased a World of Women (WoW) NFT and an Ethereum Name Service domain name just weeks after adding bitcoin and ethereum to its corporate treasury. KPMG Canada has purchased two NFTs so far. It bought World of Women #2681 and minted kpmgca.eth. It paid 25 ETH ($70,000) for Woman #2681, who has blue skin and wavy hair.“Women are underrepresented in the world of all things crypto, which makes us proud to make our first NFT acquisition in a collection that supports women,” KPMG Partner and National Risk Consulting Leader Nancy Chase said in a statement. Read more here.
