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How Bitcoin, Other Cryptocurrencies Could Serve As Workaround For Russians Facing Global Sanctions

The geopolitical tension surrounding Russia’s invasion of Ukraine is intensifying. In retaliation to Russia’s attack on the sovereign nation, Western nations have either imposed or are contemplating sanctions against the country.

Although cryptocurrencies have sunk deep into the red in reaction to the Ukrainian crisis, analysts see the space as a potential beneficiary.

What Happened: The sanctions may not produce the intended effect in Russia, where cryptocurrency ownership is relatively higher, according to Bloomberg. The country is also taking steps to legalize cryptos.

Coinbase removes cryptocurrency links after ‘rug pull’ warnings

Coinbase Global has removed ‘how to buy’ instructions for at least three crypto tokens which have been the subject of ‘rug pull’ warnings that investors may lose their money, saying on Thursday it plans to improve safeguards. Jaclyn Sales, a spokesperson for Coinbase, said the links were removed from the cryptocurrency exchange’s website after they were brought to its attention this week by Reuters. Nasdaq-listed Coinbase features pages offering tips on investing in tokens and the pages in question were informational rather than making them available to trade on its app or wallet.

Vitalik Buterin on Ethereum and immortality

In this episode of UpOnly, the creator of Ethereum Vitalik Buterin talks origin stories, his motivation, the future of Ethereum, and even biological sciences.

Presented by FTX: https://uponyl.tv/ftx.

Full show notes: https://uponly.tv/vitalik-buterin-on-ethereum-and-immortality/

Timestamps.

0:00 — Intro.
1:30 — What does Vitalik do outside of crypto? / The Invention of Language.
5:50 — What did Vitalik imagine himself doing before crypto?
8:57 — OG Canadian Crypto Scene / What do you wish you had done differently?
13:30 — Future Plans Outside of Ethereum.
15:30 — Family and Crypto.
16:50 — Ethereum Alternatives.
20:35 — Proof of Stake / NFTs.
28:15 — Where The Future is Going / Crypto Beyond Financialization.
32:25 — Ethereum Sharding / zk-STARK / MEV
36:10 — User Experience Hurdles / Multisig / Reducing Risk.
41:37 — Who is Satoshi Nakamoto?
43:35 — Donating SHIBA to Charity.
46:25 — Best Vitalik Memes.
50:06 — Multi-Chain Future vs. a Cross-Chain Future / Layer 2 / Systemic Risk.
58:30 — Layer 2 Decentralization.
1:00:05 — Implications of zkEVM
1:04:03 — Archivability of Blockchains.
1:07:14 — Security and Risks / Simplicity of Code / Web Standards.
1:12:25 — Privacy.
1:14:42 — Anti-Aging / Immortality / Adopting New Technology.
1:29:17 — Multi-planetary World / Antarctica / Cultural Shifts.
1:35:40 — Important Social Trends.
1:38:30 — Alpha

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