Bad Comment for Bitcoin from the President of the Swiss National Bank

We have prepared a news summary that we have compiled among the prominent developments in the crypto money industry.

Striking comment for Bitcoin from the President of the Swiss National Bank

Thomas Jordan, President of the Swiss National Bank (SNB), said at the bank's annual meeting that Bitcoin does not meet the reserve currency requirements.

Thomas Jordan said that the bank does not believe that the leading global cryptocurrency meets the requirements to be a reserve currency, and therefore the decision not to buy BTC was made.

NEXO price spikes with Binance listing

NEXO price has increased by 17% in the last 24 hours and was trading at $ 2.5, making it the coin that rose the most among the top 100 cryptocurrencies.

The rise came after the largest crypto exchange Binance announced that it had listed the native token of the Nexo crypto lending platform, NEXO. Binance will launch the NEXO token starting today with the pairs NEXO/BTC, NEXO/BUSD and NEXO/USDT.

The changes Ripple made with its website design drew attention

Ripple has improved the design with a major update to its corporate website, and it appears to be diverting its focus to different areas.

There were several important changes made to Ripple's website. The site now focuses on creating CBDC on the basis of the carbon neutral XRP Ledger and provides a detailed explanation on adding to the Ledger and issuing CBDCs.

Yuga Labs cancels Otherside auction, ApeCoin sees $26

Yuga Labs' Otherside Metaverse project has canceled the auction for Otherdeed NFTs. Now, NFTs will be sold at a fixed price of 305 ApeCoins (APE), with a total of 55,000 Otherdeed NFTs available for purchase by users who complete KYC.

3 important announcements for VeChain

Specializing in supporting the global supply chain, VeChain announced yesterday that it has partnered with Alchemy Pay, a hybrid payment system combining fiat and crypto, to offer the VET token to more than two million merchants worldwide.

On the other hand, VeChain has announced that it has been included in the first group of tokens to be supported in Binance Bridge 2.0. This bridge was introduced recently as a way to allow tokens distributed on Ethereum to be used as BTokens in the BNB Chain ecosystem.

BNB Chain's first batch features The Sandbox, MANA, LOOKS, PEOPLE, and APE, along with the VET token.

In another important announcement, VeChain announced the participation of blockchain projects as the newest member of the Blockchain Infrastructure Alliance.

Finnish government to donate significant amount of seized Bitcoin to Ukraine

Ukraine received donations from individuals, organizations and countries in order to survive against Russia. According to a recent report, the Finnish government has promised to donate a significant portion of Bitcoin seized in operations related to doping and drug trafficking to the country. Finnish customs authorities confiscated 1981 Bitcoin, and although the country has not yet decided on the amount to donate to the Ukrainian relief fund, the Finnish government has decided to donate a substantial amount of BTC to the country.

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