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Ukraine DAO raises over $6M via NFT sale to aid Ukrainian citizens

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UkraineDAO, the decentralized autonomous organization created by Pussy Riot’s Nadya Tolokonnikova, Trippy Labs and PleasrDAO members, crowdfunded 2188 ETH, or $6.1 million, for a 1/1 Ukrainian flag NFT. Proceeds will go to nonprofit organizations in Ukraine that are helping those affected by the Russian invasion. The NFT sale was hosted as a PartyBid auction, allowing people to pool
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Ripple Executives Say Russia Won’t Be Able To Use Crypto To Evade Sanctions – Here’s Why

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Two senior executives at San Francisco, California-based payments company Ripple are expressing pessimism over Russia’s ability to bypass sanctions using cryptocurrencies. Ripple CEO Brad Garlinghouse says in a tweet that “there are factual reasons why crypto can’t be used on the broad scale for Russia to evade sanction.” According to Garlinghouse, there are “extremely stringent”
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How do you DAO? Can DAOs scale and other burning questions – Cointelegraph Magazine

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DAO: Decentralized. Autonomous. Organization. “The whole phrase is a misnomer. They’re not decentralized, not autonomous and they are not organizations,” Monsterplay blockchain consultancy founder David Freuden tells Magazine. Freuden co-authored a 51-page report on DAOs in May 2020 in an attempt to help realize their potential. “We need DAOs,” he explains. “The idea of ‘shareholder first’
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Real Vision Bot Known for Outperforming Crypto Markets Reveals Altcoin Holdings Centered on Ethereum Rivals and Gaming Projects

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A robot that’s built a reputation by outperforming the markets just unveiled its latest crypto portfolio allocations. The Real Vision Bot compiles surveys to create algorithmic portfolio assessments on a weekly basis. According to Real Vision, the bot’s allocations based on aggregated opinions of crypto traders have historically outperformed a basket of the top 20
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BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE

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The speculation regarding the U.S. Federal Reserve’s tightening cycle and recent geopolitical developments may have resulted in panic selling by short-term traders. Analysis from Glassnode suggested that traders who had purchased Bitcoin (BTC) near the November 2021 high liquidated their positions in the past two and half months. This supply was absorbed by high conviction
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Top Trader Turns Hesitant on Altcoins, Opts for Bitcoin As March Set To Become ‘Month of Variables’

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A widely followed crypto trader is adapting his investing strategy as macro factors affect traditional market predictors. Pseudonymous crypto analyst Pentoshi tells his 522,200 Twitter followers he’s currently buying into Bitcoin (BTC) but more hesitant about Ethereum (ETH) and altcoins in general. “The thing that makes me hesitant on ETH is this and why I’ve
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Why did the EU ditch its plans to ban Bitcoin mining?

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European Union regulators have removed a section from proposed legislation that may have banned Bitcoin mining in the region. In the run-up to the decision, commentators had blasted lawmakers on the grounds of stifling innovation. Bitcoiner Dennis Porter made this point in a recent tweet, saying: “Apparently the EU wants to ban #Bitcoin mining because
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