Weekly Report ( 28 Feb – 06 March. 22) | What Happened This Week In Crypto

This Report will provide you with some important and quick news of cryptocurrencies that happened around the world.

1) Bitcoin Is Referred To As “Pure Gold” By Apple Co-Found

Despite his unwavering support for Bitcoin, Apple co-founder Steve Wozniak remains dubious about cryptocurrencies in general. Apple co-founder Steve Wozniak recently praised Bitcoin in an interview with Business Insider, characterising the biggest cryptocurrency as “pure gold mathematics”…[continue reading]

2) The US SEC Investigates The NFT Industry For Possible Securities Violations

The Securities and Exchange Commission (SEC) of the United States is apparently investigating a young segment of the digital asset business for possibly illegal crypto-asset offers. According to a recent Bloomberg storey, the SEC’s investigation will concentrate on whether or not non-fungible tokens (NFTs) are being utilised in the same manner as conventional securities to generate capital…[continue reading]

3) Switzerland Announces Plans To Freeze Russian Cryptocurrency Assets

This historically neutral nation has not only joined the European Union in condemning Russia; it has now begun targeting Russian cryptocurrency. According to a Financial Times article published Friday, the Swiss federal government intends to freeze crypto assets held by Russian residents and enterprises inside the country’s borders…[continue reading]

4) Lugano Now Accepts Cryptocurrency As Legal Tender

Following El-Salvador’s last year’s recognition of Bitcoin as legal money. Numerous regions of the globe have been debating the issue and developing initiatives in that regard. This time, the train came to a halt at Lugano, a city in southern Switzerland that aspires to become a Bitcoin hub in the heart of Europe…[continue reading]

5) Justin Bieber’s Manager Sells His House In Bitcoin For $18.5 Million

Scooter Braun, a talent manager and media mogul known for his work in the entertainment industry, recently sold a lakeside Austin property for $18.5 million in Bitcoin, the largest cryptocurrency real estate transaction in Texas history and one of the largest in the United States, according to a Wall Street Journal report…[continue reading]

6) Binance Has Suspended Fiat Deposits Made Using Certain Russian-Issued Bank Cards

Customers of some sanctioned Russian banks are unable to deposit or purchase cryptocurrency on Binance. While some Russian customers attempted to deposit fiat or acquire digital assets on Binance today, they saw a warning screen telling them that local bank cards are not now supported…[continue reading]

7) AMC Theatres Will Accept Two Meme Coins In The Coming Weeks

AMC Chief Executive Officer Adam Aron encouraged Bitpay, AMC Theatres’ blockchain payment technology, to promote Shiba Inu, which has earned worldwide recognition in recent weeks. AMC’s shares rose little more than 5% Tuesday but were down slightly more than a quarter year to date…[continue reading]