Crypto News

Cambridge University launches crypto research project with IMF and BIS
The University of Cambridge is collaborating with some of the world’s top banking institutions and private companies to introduce a new project targeting cryptocurrency research.

South Korea invests $187M to create a Metaverse project for virtual industrial expansion
The Ministry of ICT, Science, and Future Planning in South Korea has invested 223.7 billion KRW (around $187 million) for building a broad Metaverse ecosystem, with the aim to support digital content and corporate growth in the nation.

Ethereum remains below $3K: ETH outperformed by BTC
Ethereum price analysis for March 1 comes on a bullish note for the token, which has risen by nearly 11% in the last 24 hours. Moreover, it is also important to note that as seen in our ETH price analysis for February 28, the token ended Feb on a bullish note after breaking above the $2.7K price level.

A Project Called Fries DAO Raises $5.4 Million to Purchase Fast-Food Restaurants
The concept of leveraging a decentralized autonomous organization (DAO) has become very popular these days, as a myriad of DAO ideas have been created. A new DAO dedicated to purchasing fast-food restaurants called Fries DAO has raised more than $5.4 million to achieve the goal.

South African exchange raises $50M in Africa’s largest funding round
South African crypto exchange VALR has raised $50 million in a Series B equity funding round, marking the largest-ever funding for an African crypto exchange.

Bitcoin Is Now More Valuable Than The Russian Ruble
The most important cryptocurrency in the market managed to position itself above the Russian Ruble in the global ranking of currencies with the largest capitalization, after a resounding crash of the Russian Ruble to lows not seen in the last 30 years.

Floki Launches Valhalla Alpha Battle Arena Testnet
The Floki team is excited to announce the launch of the playable Valhalla Alpha Battle Arena Testnet this Monday the 28th of February.

Israeli authorities seize Hamas linked crypto accounts
The Israeli government has confiscated 30 crypto wallets from a small exchange based in Gaza, where the Hamas terrorist group has bolstered its military.