Lifeboat Foundation

Almost everyone is familiar with these terms, but not everyone knows what they really are.

Unless you’ve been living under a rock for the last few years, or live in some remote location on Earth, chances are you’ve heard the terms cryptocurrency and NFT. But, in your heart of hearts, do actually know what they are?

If not, then we highly recommend spending a few minutes of your day disentangling these commonly quoted terms. Your very future may, or may not, depend on it! you’ve ever wanted to know the difference between NFTs and cryptocurrencies, then we recommend you check out this brief guide.

Bitcoin and cryptocurrencies have been pushed into the spotlight over the last week as global financial sanctions on Russia come into force.

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The bitcoin price had bounced higher on expectations sanctioned Russians could turn to bitcoin and crypto but fell back as following comments from Fed chair Jerome Powell.

Continue reading “‘A Bigger Earthquake Than SWIFT’—What The Russia PayPal, Visa And Mastercard Ban Means For Bitcoin And Crypto Amid Extreme Price Swings” »

Amid ongoing hostilities with advancing Russian forces, Ukraine has been increasingly relying on cryptocurrency donations to solve humanitarian problems and finance its defense efforts. Crypto helps the country to receive and quickly distribute money and operate internationally, a high-ranking government official has indicated.

Ukraine Accepts, Spends Millions in Crypto, Deputy Minister Reveals

Since the Russian military assault started, Ukraine has been actively seeking financial support in the form of crypto donations. “It’s a very rapid way to get a payment — in times like that you can’t just wait for days to get money and then you have to distribute them,” the country’s Deputy Minister of Digital Transformation Oleksandr Bornyakov said in an interview.

But no other genuine details have so far made it out of the stolen data folder.

The reported Nvidia hack has allegedly thrown up the codenames of a bunch of next-gen GPUs, which have now been leaked out to the press. The most pertinent ones for us would be the Lovelace GeForce GPUs, of which there are six listed, but here are also listings for the server-based Hopper and Blackwell GPUs. This looks to have come from an initial leak of some of the stolen documents, supplied to Videocardz.

The green team is allegedly being held to ransom over the Ethereum hash rate limiter attached to its most recent graphics card release after hacking group, Lapsus$, made off with around 1TB of sensitive data.

Continue reading “Nvidia hack reportedly leaks six next-gen GeForce GPU names” »

Nearly $20 million has been raised in cryptocurrencies like bitcoin and ether since Russian forces invaded Ukraine last week.

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.

Continue reading “How Bitcoin, Other Cryptocurrencies Could Serve As Workaround For Russians Facing Global Sanctions” »

With Ukraine’s proposed law recognizing bitcoin and other cryptocurrencies, the stage is set for the country to become a leader in the market.