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Text Content

BTCUSD
bid 42360.00
ask 42372.50
▲
ETHUSD
▼
bid 2818.75
ask 2820.76

BCHUSD
▲
bid 308.64
ask 309.20
▼
LTCUSD
bid 109.99
ask 110.17

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THREE PEOPLE SENTENCED TO PRISON FOR INVOLVEMENT IN UNLICENSED BITCOIN EXCHANGE

Legal


FIFTY UK CRYPTO FIRMS UNDER ACTIVE INVESTIGATION, SAYS FCA

Regulation


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Wallets


VENEZUELAN USERS OF CRYPTO WALLET METAMASK SAY THEY CAN NO LONGER ACCESS IT


by MK Manoylov

MARCH 3, 2022, 12:16PM EST  ·  1 MIN READ

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Users of MetaMask based in Venezuela say they can no longer access the popular
digital asset wallet. 

Messages about the issue began to crop up on social media on Wednesday, with
numerous examples spreading as of late Thursday morning. The suspected culprit
is the API for Infura, a blockchain node infrastructure network.  

A MetaMask support page, updated an hour before press time, states that
"MetaMask and Infura are unavailable in certain jurisdictions due to legal
compliance."

The page features a screenshot of an error message akin to the type being spread
on social media. 






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Word of the blockages also prompted commentary on the use of VPNs to circumvent
the issue. 





Unclear at present is the extent to which the reported blockages represent at
tightening of rules with respect to other countries sanctioned by the US and
other governments. Users from Iran and Lebanon appear to have been affected,
though many of the recent messages pertain to Venezuelan access. 

The Block contacted representatives for ConsenSys, which develops Infura, and
will update this report should we hear back. 


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TRENDING STORIES


I WANT TO MINE BITCOIN, BUT WHERE DO I START?

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VENEZUELAN USERS OF CRYPTO WALLET METAMASK SAY THEY CAN NO LONGER ACCESS IT

Wallets


UKRAINE CANCELS CRYPTO AIRDROP, PLANS TO SELL NFTS INSTEAD

Cryptocurrency


PURPORTED UKRAINE AIRDROP IS LIKELY FAKE AND LITTERED WITH RED FLAGS

Cryptocurrency



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I WANT TO MINE BITCOIN, BUT WHERE DO I START?

Mining is the best way to dollar cost average into Bitcoin at a discount.
Read Full Story

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Payments and Banking


ETH DONATIONS TO UKRAINE'S GOVERNMENT SPIKE AFTER 'AIRDROP' ANNOUNCEMENT

Ukraine’s official Twitter account teased an “airdrop” Thursday morning, and
though details remain sparse about the initiative, the announcement appears to
have triggered a fresh influx of donations. As shown in a pair of Dune Analytics
dashboards tracking the accumulation of ETH to the government’s coffers, the
amount jumped in the early hours of March […]
Read Full Story

MAR 2, 2022, 9:54PM GMT




Institutional


SCHWAB FILES WITH SEC TO CREATE 'CRYPTO ECONOMY ETF'

Investment brokerage Charles Schwab filed to create a "Crypto Economy ETF" on
Thursday, according to regulatory filings.
Read Full Story

MAR 2, 2022, 8:44PM GMT




Companies


BILLBOARD AND UNIVERSAL MUSIC GROUP PARTNER TO LAUNCH NFT PROJECT

Global music brands Billboard and Universal Music Group are partnering to launch
an NFT based project for licensed art and access to real-life prizes. 
Read Full Story

MAR 2, 2022, 8:15PM GMT




The Block


MINING EXEC EXPLAINS HOW BITCOIN IS CONVERGING WITH THE OIL AND GAS INDUSTRY

On this episode of The Scoop, Justin Ballard co-founder of Jai Energy joined The
Block's Frank Chaparro to discuss how his Wyoming-based firm is working with
companies in oil and gas to help them put excess energy to work by mining
bitcoin. 
Read Full Story

MAR 2, 2022, 6:51PM GMT




Congress


DEMOCRATIC SENATORS ASK TREASURY TO REPORT ON WORK ON CRYPTO SANCTIONS

The four senators ask if the Office of Foreign Assets Control needs new
resources or authorities to get crypto under control.
Read Full Story

MAR 2, 2022, 5:49PM GMT




Blockchain


CONSENSYS AG SHAREHOLDERS PUSH MULTI-BILLION DOLLAR AUDIT TO INVESTIGATE ALLEGED
IRREGULARITIES

They claim that fundamental IP and subsidiaries were illegally transferred from
ConsenSys AG (CAG) to a new entity, ConsenSys Software Incorporated (CSI) and
used to fundraise.
Read Full Story

MAR 2, 2022, 5:42PM GMT




Cryptocurrency


GALAXY DIGITAL HOLDINGS APPOINTS BROWN UNIVERSITY'S JANE DIETZE TO BOARD OF
DIRECTORS

Jane Dietze, the chief investment officer of Brown University, has been
appointed to Galaxy Digital Holdings’ board of directors.
Read Full Story

MAR 2, 2022, 5:17PM GMT




Congress


IN LIGHT OF RUSSIA SANCTIONS, FED CHAIR CALLS FOR LEGISLATIVE FRAMEWORK TO STOP
ILLICIT CRYPTO USE

"It underscores the need for congressional action on digital finance, including
cryptocurrencies," said Powell
Read Full Story

MAR 2, 2022, 4:23PM GMT




Companies


DCG ANNOUNCES $250 MILLION SHARE BUYBACK OF SEVERAL GRAYSCALE CRYPTO TRUSTS

DCG has announced plans to buy back even more Grayscale crypto trusts as the
negative premiums across the products continue.
Read Full Story

MAR 2, 2022, 3:56PM GMT




DeFi


ALAN HOWARD LEADS $7.5 MILLION RAISE INTO DEFI TRADING PLATFORM NESTED

French DeFi trading platform Nested has raised a $7.5 million Series A round led
by hedge fund heavyweight Alan Howard.
Read Full Story

MAR 2, 2022, 2:00PM GMT




NFT


MOONPAY STRIKES AGAIN WITH $754,000 WORLD OF WOMEN NFT PURCHASE AT CHRISTIE'S

The piece was sold among lots by world-renowned artists such as Keith Haring,
Pablo Picasso and David Hockney. 
Read Full Story

MAR 2, 2022, 10:44AM GMT




Infrastructure


QUICKSILVER, A LIQUID STAKING PROTOCOL ON COSMOS, SPINS OUT OF CHORUS ONE

Quicksilver is taking a middle man approach to liquid staking, one that offers
certain benefits — but with lower revenue.
Read Full Story

MAR 2, 2022, 9:00AM GMT




Cryptocurrency


UKRAINE PROMISES CRYPTO ‘AIRDROP’ WHILE LEAVING MANY QUESTIONS UNANSWERED

Ukraine's Twitter account has promised an airdrop, a common reward for early
investors in new coins and NFTs. 
Read Full Story

MAR 2, 2022, 8:33AM GMT




Fintech


REVOLUT CEO STORONSKY CONDEMNS WAR AND PLEDGES SUPPORT FOR UKRAINE

Revolut’s Russian CEO Nikolay Storonsky has published a letter condemning the
war in Ukraine.
Read Full Story

MAR 2, 2022, 4:32AM GMT




Bitcoin


BITCOIN MINERS BROUGHT IN JUST OVER $1 BILLION IN REVENUE DURING FEBRUARY

Bitcoin miners brought in $1.06 billion in revenues during February 2022,
according to data compiled by The Block Research.
Read Full Story

MAR 1, 2022, 10:30PM GMT




Research


CAMBRIDGE CENTRE FOR ALTERNATIVE FINANCE UNVEILS NEW DIGITAL ASSET RESEARCH
PROGRAM

The Cambridge Centre for Alternative Finance (CCAF) launched a research program
centered around digital assets in partnership with big names like Goldman Sachs,
EY, Visa and Accenture.
Read Full Story

MAR 1, 2022, 10:08PM GMT




Cryptocurrency


AXIE INFINITY MAKER POACHES JUMP DIRECTOR AS PART OF BID TO DRAW IN MORE GAME
DEVELOPERS

Sky Mavis is entering expansion mode as it bids to position Ronin as the crypto
gaming world's go-to blockchain.
Read Full Story

MAR 1, 2022, 7:32PM GMT




Regulation


LAWMAKERS HAVE REMOVED THE 'BITCOIN BAN' FROM LATEST VERSION OF EU'S CRYPTO
LEGISLATION

The section that seemed poised to bar proof-of-work tokens from the EU is gone
from the latest version of the bill, which is set for votes in coming weeks.
Read Full Story

MAR 1, 2022, 6:43PM GMT




Markets


CME TO LAUNCH MICRO BITCOIN AND ETHER OPTIONS IN MARCH

CME is planning to add to its suite of micro crypto derivatives with the planned
launch of micro bitcoin and ether options this March.
Read Full Story

MAR 1, 2022, 6:28PM GMT




Fintech


MORE FINTECHS FOLLOW WISE'S LEAD IN SUSPENDING TRANSFERS TO RUSSIA

Remittance fintechs Zepz, TransferGo and Remitly have suspended their services
to Russia amidst its invasion of Ukraine.
Read Full Story

MAR 1, 2022, 5:55PM GMT


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