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Latvian Artist Threatened With Prison for Money Laundering Through NFTs
26.7.2022
An artist from Latvia is under investigation for allegedly selling NFTs, or non-fungible tokens, to launder money, for which he may get up to 12 years in prison. The authorities have blocked his bank accounts and launched an investigation without even notifying him. Artist Who Sold Over 3,500 NFTs...
„Sovětské SimCity“ pro náročné pomáhá Ukrajině, posílá přes půl milionu korun
26.7.2022
Workers & Resources: Soviet Republic je Slovenská budovatelská strategie zasazená do éry socialismu. Tvůrci prostřednictvím placeného přídavku vybrali na pomoc Ukrajině přes půl milionu korun
Meta History Museum Raised Over $1,000,000, Releases New NFT Collection in Support of Ukraine
24.7.2022
The META HISTORY project team created Ukraine’s first NFT war museum one month after Russia’s full-scale invasion. Since then they have managed to raise $1,290,398 (803.28 ETH) for the Aid For Ukraine crypto fund, created by the Ukrainian Ministry of Digital Transformation together...
Targeting the US Dollar’s Hegemony: Russia, China, and BRICS Nations Plan to Craft a New International Reserve Currency
24.7.2022
While inflation data in Europe and the U.S. has risen significantly higher last month, Russia and members of the BRICS countries revealed leaders in the five major emerging economies are in the midst of “creating an international reserve currency.” Analysts believe the BRICS reserve...
Ukraine’s New Fiat Restrictions to Boost Popularity of Crypto, Industry Says
24.7.2022
The central bank of Ukraine has adjusted the fixed exchange rate of the national currency in U.S. dollars and introduced stricter limits on hryvnia transactions for citizens. The measures are likely to turn more Ukrainians to cryptocurrencies, according to a representative of the local crypto...
Finland Sells 1,889 Seized Bitcoins for $47 Million — Proceeds Going to Ukraine
24.7.2022
Finland has sold 1,889 bitcoins seized in narcotic cases for 46.5 million euros ($47.4 million). The country’s finance minister previously said that the bitcoin sale proceeds will go to Ukraine for humanitarian aid and reconstruction as its war with Russia continues. Finland Sells Bitcoin...
NFT sales will fund the restoration of physical monuments in Ukraine
22.7.2022
“NFT[s] will not stop Russian missiles, but blockchain technology will contribute to the economic recovery and development of Ukraine,” said Alexander Borniakov
Russian Teams Won't Be In FIFA 23
22.7.2022
In the wake of Russia’s invasion of Ukraine earlier this year, publisher Electronic Arts decided to remove all Russian sides from FIFA 22. They won’t have to do the same for FIFA 23, because those teams are never making it into the game in the first place.Read more
Ghana Ranked as Country With Second-Highest Debt Default Risk Globally
21.7.2022
According to Visual Capitalist, Ghana is now placed second on its list of countries with the highest default risk in 2022. Only four countries, namely, Ukraine 10,856 basis points (bps), Argentina (4,470), El Salvador (3,376), and Ethiopia (3,035) have a credit default swap spread that is higher...
Security Service of Ukraine Shuts Down Crypto Mining Farm Near Front Line in Kharkiv
20.7.2022
Ukraine’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the crypto farm have been minting coins using large amounts of stolen electricity, threatening energy supply to critical infrastructure, the agency said....
Russian Activists Turn to Crypto for Donations to Aid Ukraine Refugees
18.7.2022
“For Russian citizens, sending money to help Ukrainians might not be safe” through the banking system, says one volunteer
Fearing Unity And Unreal Abandonment, Russia May Build Its Own Game Engine
15.7.2022
Russia is looking into the possibility of developing a national video game engine to support the country’s developers should American companies like Unreal Engine creator Epic Games and Unity Technologies refuse to do business with them over the Russian government’s ongoing assault on Ukraine...
Ukrainian Charity Uses Crypto Actively, Says Donations Have Risen During Bear Market
15.7.2022
The Serhiy Prytula Charity Foundation, an organization raising money for Ukraine’s war effort against Russia, has used crypto actively in its fundraising and is seeing donations rise in crypto terms even as the market has fallen from its highs....
Read More: Ukrainian Charity Uses Crypto Actively...
Ukrainian Charity Uses Crypto Actively, Says Donations Have Risen During Bear Market
15.7.2022
The Serhiy Prytula Charity Foundation, an organization raising money for Ukraine’s war effort against Russia, has used crypto actively in its fundraising and is seeing donations rise in crypto terms even as the market has fallen from its highs....
Read More: Ukrainian Charity Uses Crypto Actively...
No, Ukrainian Prosecutors Didn’t Just Seize 830kg of Silver from an OTC Crypto Gang – Here’s What Happened
14.7.2022
Reports that prosecutors in the Darnytskyi District of Kyiv, Ukraine, have recently busted a gang of over-the-counter (OTC) crypto brokers – who allowed individuals in Russia and areas under Russian control to swap silver, cash, and land for cryptoassets – appear to be somewhat wide of...
Bank of Russia Says Stablecoins Are Not Suitable for Settlements
14.7.2022
The Central Bank of Russia has spoken out against stablecoins, which it says are highly risky and not fit for payments. The monetary authority reacted to a statement by a top finance ministry official who suggested that his department would support the development of Russian stablecoins....
Ukraine Seizes Assets From OTC Crypto Brokers for Working With Russians
13.7.2022
The Prosecutor General's office said it confiscated $1.7 million in fiat and almost a ton of silver
UN Report: Venezuela Ranks Third Among Countries With Most Crypto Adoption
11.7.2022
Venezuela, one of the first countries in Latam to be considered “crypto-friendly” by some standards, has ranked third in adoption rates, according to a report issued by the United Nations. The report, issued last month, states that the cryptocurrency ecosystem has grown by 2,300%...
Crypto Payments Are Acceptable in Foreign Trade, Russia’s Financial Watchdog Says
10.7.2022
Russian financial watchdog Rosfinmonitoring is ready to accept the use of cryptocurrencies in international settlements, the head of the agency, Yuri Chikhanchin, has indicated. The statement adds to growing support for the legalization of international crypto payments in Russia amid financial...
US Asks Japan to Pressure Crypto Exchanges, Miners Working With Russia, Report Unveils
9.7.2022
U.S. diplomats have reportedly called on authorities in Tokyo to increase pressure on Japanese crypto exchanges and miners to sever links to Russia. The request was made to deepen Moscow’s financial isolation amid the ongoing Russian assault on Ukraine. Washington Wants Japan’s Crypto...