Blockbeat

Get your daily update on all things crypto, blockchain and DeFi with City A.M's Blockbeat from Kaitlin Argeaux

As the world sees enormous price increases, Bitcoin’s use case deserves more attention

March 4, 2022

As war rages in the Ukraine, Bitcoin’s use case as an answer to economic woes has once again been brought to the forefront.
Swiss city of Lugano to make Tether and Bitcoin legal tender

March 3, 2022

The Swiss city of Lugano is partnering with Tether to allow citizens to make payments using Bitcoin and a handful of stablecoins.
Mexico being lined up as next nation for full Bitcoin adoption

March 3, 2022

One of El Salvador’s most prominent advisors on the nation’s adoption of Bitcoin as legal tender says he is turning his attention to Mexico.
Ukraine cancels airdrop and plots launch of NFTs

March 3, 2022

Ukraine's government has cancelled a planned airdrop and will instead sell NFTs to support the resistance to Russia's invasion.
UK crypto industry urged to close ‘loopholes’ that let Russia avoid sanctions

March 3, 2022

Unregulated crypto firms in the UK are facing calls to close 'loopholes' which allow Russians to evade sanctions.
Auditchain set to deploy mainnet staking contracts for Pacioli validating nodes

March 3, 2022

Financial reporting platform Auditchain Labs AG says it is set to deploy the Pacioli validating node staking contracts on Monday.
UK regulators pressure crypto firms to enforce Russian sanctions

March 3, 2022

Crypto firms are under pressure from UK regulators to ensure that economic sanctions against Russia are enforced.
Crypto markets see pullback as volumes hit 2022 high

March 3, 2022

The crypto markets have seen some pullback this morning, with Bitcoin currently down one per cent over the past 24 hours to around $43,500.
NFT art gallery prepares to open in heart of the City

March 3, 2022

In December 2019, Josh Sandhu made his first investment in non-fungible tokens (NFTs) picking up a handful of collectible digital artworks.
Binance defies calls to block Russian users from crypto exchange

March 2, 2022

The chief executive of Binance has defied calls to freeze the accounts of Russian users amid conflict with Ukraine.