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NFT Marketplace OpenSea Drops Users Amid Strict U.S. Sanctions

Ethereum-based NFT marketplace OpenSea has started dropping off users from its platform amid the ongoing U.S. Sanctions. This comes as exchanges have been asked to put a ban on Russian users following the recent harsh financial sanctions levied on Russia. However, some exchanges like Binance and Kraken have refused a blanket ban but said that they would sanction only individual entities and per the U.S. sanctions. The situation came to light as an Iranian artist @K1_Nazifi found that...

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Solana vs Ethereum? Here’s the winner when comparing AMM speeds

It’s no secret that crypto users love to race and compare speeds, but an evaluation of this kind is actually much harder than it sounds. To that end, an investigation by GM and Haseeb Qureshi from Dragonfly Capital delved into the question of whether Solana could take on an Ethereum Virtual Machine [EVM] compatible chain in a speed race. Quickly shooting down transaction-per-second rates, the two researchers instead decided to look at the speed of Automated Market Makers [AMMs]. To refresh...

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LUNA surpasses Ethereum in Total Value Staked, crosses $30,000,000,000

Terra can be considered one of the fastest-growing cryptos in the market. Within a very short period, Terra’s LUNA made its place among the top ten cryptocurrencies. Thereby passing over other popular cryptos like Shiba Inu, Dogecoin, Litecoin, and others. Interestingly, over the last eight days, LUNA increased by 85.25%. Well, after depreciating by 104.59% since the beginning of this year, the altcoin has now invalidated most of its losses. Why so? Well, because LUNA managed to make a profitable...

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Brazil Has Chosen Nine Partner Projects for Its CBDC

Key Takeaways

Brazil has chosen nine partner projects to help build technologies for its central bank digital currency (CBDC). Partners include cryptocurrency companies, banks, payment companies, and banking organizations. Implementation of the partner projects is expected to take place between March and July of this year.

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The Central Bank of Brazil has named nine partners that will help develop its central bank digital currency or CBDC.

Nine Projects Selected from Many

CoinDesk Brazil and InfoMoney reported on Mar. 3 that the bank has...

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Terra (LUNA) Price Prediction: LUNA Might Test $76.0; Are You Buying The Dip?

Terra’s (LUNA) price is trading with substantial losses as it fails to capitalize on the previous session’s gains. The pair opened lower but quickly recovered near the session’s higher level. However, all gains were evaporated as soon as the price tag $94.0 mark. Terra’s (LUNA) price edges lower on Thursday with nearly 4% losses. Luna could revisit $76.0 if the price retrace below 0.38% Fibonacci level. Further, a double top near $94.0 indicates price correction in short term. Now, the price is just...

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Bitcoin Cash, MANA, Sushi Price Analysis: 03 March

After observing a rising wedge breakdown on its 4-hour chart, Bitcoin Cash bulls needed to defend the 50 EMA to hold their grounds. Further, MANA continued to face a hurdle at its supply zone while its technicals displayed decreasing buying influence. Also, Sushi endeavored to cross its 20 EMA while exhibiting an advantage for the bears.  Bitcoin Cash (BCH) Source: TradingView, BCH/USDT As the bearish phase heightened, BCH sharply fell and lost its year-long support (now resistance) at the $387-mark. After a...

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Russia-Ukraine Ceasefire Talks Resume In Belarus

Russia-Ukraine talks resumed on Thursday, with Kyiv seeking an immediate ceasefire as Russian forces increased their bombing of Ukrainian cities. Crypto markets were largely muted as investors awaited more progress in peace talks. Belarus’ Foreign Ministry said in a tweet that talks between both sides had begun. The day’s talks follow an initial round of negotiations this Monday, which had proven to be largely inconclusive. But dignitaries from Russia and Ukraine had expressed some optimism over being able to find...

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