Breaking crypto news from the last week (Feb. 19 – 25, 2022): Feb. 19: A new cryptocurrency-themed restaurant called “Doge Burger” has launched in Dubai, allowing customers to pay for their food using digital assets. It will offer many “doge-inspired” burgers which can be delivered directly to customers’ doors. The restaurant is a virtual one…

Steam wasn’t accepting Bitcoin for long due to its volatility and ‘50% of transactions were fraudulent,’ says Gabe Newell, the Valve president. Bitcoin was adopted as a payment method on Steam in April 2016. However, it was removed in December 2017 due to the volatility of cryptocurrency’s price and “a significant increase in the fees…

On Saturday, just days after Russia invaded Ukraine, the country’s official Twitter account tweeted out a call for donations through Bitcoin, Ethereum, and the stablecoin Tether. As of publication, these wallets have received over $4 million in cryptocurrency. According to BuzzFeed.News, the vice prime minister of Ukraine, Mykhailo Fedorov, confirmed on his Twitter account that…

According to blockchain analytics firm Elliptic, donations being funneled to the Ukrainian army in cryptocurrencies are in the millions of dollars. The new data shows that $4.1 million in crypto has been raised for the military since the invasion began. Come Back Alive – a charitable foundation that collects money for medical kits, military gear…

Ethereum co-creator Vitalik Buterin has criticized Russian President Vladimir Putin’s decision to attack Ukraine, calling it a “crime against the Ukrainian and Russian people.” On February 24, the Russian armed forces launched a “special military operation” in Ukraine that could disturb the peace on the continent. Buterin, who was born in Russia and grew up…

Market slide suggests investors don’t yet see the leading cryptocurrency as a safe haven in times of crisis, writes Luke Conway on Blockworks. Increasing institutional investment in Bitcoin tightens its correlation with stock movements Lack of understanding of Bitcoin’s fundamental properties may be hindering its adoption as a risk management tool As Russian troops poured…