Pledge launches platform for non-profits to accept crypto donations
Fundraising platform Pledge has started allowing non-profit organisations to accept donations in cryptocurrencies such as Bitcoin, Ethereum, and Tether. It also allows the instant conversation of crypto to a fiat currency. Entities can start accepting crypto donations in minutes, with no technical experience, crypto wallet, or KYC required.
Crypto prices today: Bitcoin, ETH falls 5%
Bitcoin is currently trading at $40,151.3, a 5.12% decline over the previous day. Ethereum is down 5% over the last 24 hours to $3,020.11. Solana fell 7.64% to $102.73, while Cardano is trading lower by 6.42% at $0.952. Avalanche (AVAX) fell 3.6% to $77.818. The global crypto market cap stands at $1.86 trillion, a 4.65% decline over the previous day.
CoinSwitch disables all crypto purchase options on app
CoinSwitch Kuber has disabled all modes of payments for purchasing crypto purchases on its platform, including bank transfers. This move will have a significant impact on the platform’s trading volumes which saw over 14 million users in 2021. Two days earlier, Coinbase had to disable the Unified Payments Interface (UPI), which was the only crypto purchase option on its platform.
Coinbase to produce Bored Ape Yacht Club animated short films
The Bored Ape Yacht Club plans to officially expand into the entertainment world. It will create a series of animated short films produced by Coinbase, entitled “The Degen Trilogy.” The films will feature characters based on the Bored Ape Yacht Club, a collection of 10,000 disinterested-looking ape NFTs.
Uniswap Labs forms Crypto Ventures Wing
Uniswap Labs, the company behind Ethereum-based decentralized exchange, has launched a venture wing to invest in projects across Web3. It has previously invested in 11 crypto projects, including Aave, Compound Protocol, and MakerDAO. The venture unit’s focus will range from infrastructure to developer tools and consumer-facing applications.