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Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions
8.3.2022
A popular destination for many Russians, Thailand is now looking for ways to facilitate their payments amid widening western sanctions over Moscow’s military invasion of Ukraine. Cryptocurrency is one of the options being explored by the tourism industry as Russian citizens now face...
Poll Suggests ECB May Wait Until Q4 to Raise Rates, Several Banks Expect a Series of Fed Rate Hikes This Year
7.3.2022
A recently published Reuters poll suggests the European Central Bank (ECB) may wait until the last quarter of the year (Q4) to raise its first interest rate in over ten years. The poll’s author details that after the conflict in Ukraine, “fewer economists” predict the ECB will...
Visa and Mastercard Suspend Operations in Russia as Part of Sanctions Over Ukraine
7.3.2022
The world’s leading payment processors Visa and Mastercard have joined sanctions against Russia over its military invasion of Ukraine. The American companies announced suspension of operations in the Russian Federation although Russians will be able to use their cards inside the country....
Paypal Joins Other Payment and Remittance Providers Suspending Services in Russia
6.3.2022
A number of payment and remittance platforms, now including Paypal, have restricted access to their services in Russia as western sanctions over Moscow’s invasion of Ukraine continue to expand. Fintech companies have been limiting operations in the Russian Federation also in response...
Crypto Allows Ukraine to ‘Operate Internationally,’ Official Says
4.3.2022
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...
Ukraine’s Cyberpolice Force Starts Accepting Cryptocurrency Donations
3.3.2022
As Ukraine is increasingly relying on crypto donations, its Cyberpolice force has also decided to seek help from the crypto community in the country and abroad. The unit now takes various cryptocurrencies to support law enforcement agencies and acquire essential supplies. Cyberpolice...
‘Help Ukraine’ Scams Appear as Country Seeks Crypto Donations, Report Reveals
2.3.2022
Scams have started exploiting the desire of many in the crypto community to support Ukraine’s efforts to withstand Russia’s military assault and help its citizens endure the conflict. As the country is raising millions in bitcoin, a report has indicated that fraudulent schemes luring...
Data Shows Ruble-Denominated Crypto Trading Has Spiked, RUB Represents Over 2% of USDT Trades
2.3.2022
According to reports and data stemming from ruble-denominated crypto trading pairs, Russian citizens are flocking toward cryptocurrencies amid the conflict in Ukraine. Analytical data indicates that the ruble is the sixth most traded pair with tether and tether’s fourth most traded...
Ukraine Now Takes Polkadot, Says It Will Accept Other Coins Soon
1.3.2022
Having already raised millions of dollars in major cryptocurrencies like bitcoin, Ukraine is now receiving donations in polkadot as well. The country intends to expand the list of accepted coins as it increasingly relies on help from the crypto community to fund its defense against Russia. Ukraine...
S&P 500 Conflict History Points to Short-Term Bitcoin Bounce, Sell-Off in H2: QCP
1.3.2022
The macroeconomic situation appears analogous to conditions during the 2001 Afghan war, when a post-invasion rally in the S&P 500 paved the way for a deeper slide
US Inflation Could Be Worse Than Expected, Goldman Sachs Says — Atlanta Fed President Favors 25 BPS Rate Hike
1.3.2022
While the conflict in Ukraine is a hot topic, fears of rising inflation continue to haunt Americans residing in the country, as economists and analysts note U.S. inflation will likely remain high. Inflation is likely going to be worse than initially feared this year, Goldman Sachs explained in...
Data Shows Ruble-Denominated BTC Volume Rising, BTC-RUB Prices Jump as High as $46K
28.2.2022
Amid the conflict in Ukraine with Russia, bitcoin trade volumes tied to Russian ruble pairs have surged in recent days. Metrics recorded by the crypto analytics provider Kaiko indicate that ruble (RUB)-denominated bitcoin volume reached close to 1.5 billion rubles four days ago, on February...
AUD/USD Slips to 0.7150 with Escalation of the Russia-Ukraine Conflict
28.2.2022
The AUD / USD index has shown negative growth by hovering around 0.7180, a 0.72% drop compared to the previous week’s trading. This can result from the market weakness surrounding Russia and Ukraine’s geopolitical instability. Even the Australian strong rally in macroeconomic data could...
Battlefield 2042 Pulls Russian Helicopter Skin 'In Light Of Current Events'
28.2.2022
Last week Battlefield 2042 developers DICE first offered, then pulled, a limited-release skin that featured a smiling attack helicopter for the game’s Russian faction, deciding that now was not the best time to be giving players such rewards.Read more
Crypto Donations Pour in After Ukraine Government Asks for Bitcoin and Ether — $17 Million Raised so Far
27.2.2022
Ukraine has raised more than $17 million in cryptocurrency donations since Russia began its invasion. Over $10 million were donated directly to the crypto wallets posted by the Ukrainian government about 24 hours after the government solicited donations in bitcoin, ether, and tether. Crypto...
Russia May ‘Nationalize’ Foreign Assets in Response to Western Sanctions, Medvedev Says
27.2.2022
Authorities in Russia may begin to seize funds of foreign nationals and companies that are in the country, former Russian President Dmitry Medvedev has indicated. His warning comes as the West continues to expend penalties imposed on Moscow over its military invasion of neighboring Ukraine....
Cyberpunk 2077 Dev CDPR And Others Condemn Russia’s Invasion Of Ukraine
25.2.2022
Earlier this week Russian troops, acting on the orders of President Vladimir Putin, invaded Ukraine and launched 200 missiles, some of which reportedly hit residential areas near the capital city of Kyiv. At least 50,000 Ukrainian citizens have been displaced and are fleeing the country, according...
Russian Bitcoin Mining Assessed Amid Conflict With Ukraine, Large ETH Pool Cancels Service to Russia
25.2.2022
With the conflict between Russia and Ukraine, many observers are curious about the large quantity of hashrate located in Russia, as the region reportedly controls the third-largest sum of SHA256 hashpower worldwide. Furthermore, on February 24, the ethereum mining operation Flexpool announced...
Ukraine Game Developers Respond To Russian Invasion
24.2.2022
Last night Russian tanks moved across the border into Ukraine. The invasion saw bombings near the capital Kyiv and elsewhere, with the ensuing fighting leading to the deaths of over 40 Ukrainian soldiers, The New York Times reports. The attacks come after months of escalating rhetoric and build...
Aussie and NZ Currencies Face Risk Due to UKraine Conflict
24.2.2022
Earlier this week, the currencies from the southern hemisphere rallied up the market reaching the highest position in the last five weeks. The rally was prompted by the toughening geopolitical conflict going on between Russia and Ukraine. Russia’s conflict with Ukraine reflected heavily...