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Regulators in Ukraine, Russia Tell Banks to Block Certain Types of Crypto Transfers
21.3.2022
Banks on both sides of the Russia-Ukraine war are taking measures to restrict the flow of crypto funds overseas, with central banks keen to limit private citizens from making crypto-related cross-border transactions through banks....
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Ukraine Launches Crypto Fundraising Site With FTX as Donations Slow Down
15.3.2022
Ukraine's Ministry of Digital Transformation, in cooperation with major crypto exchange FTX and staking platform Everstake, has launched a crypto fundraising site to provide interested users with a convenient portal for donating to Ukrainian causes....
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Ukrainian Government to Launch an NFT Collection as a 'War Museum'
14.3.2022
The Ukrainian deputy minister of digital transformation, Alex Bornyakov, confirmed that the government will be launching a non-fungible token (NFT) collection, as a historical account of the atrocities currently happening in the country, attacked by Russia.
The Guardian has quoted Bornyakov...
Check These Ukraine NFT Projects Against the Russian Invasion
11.3.2022
Non-fungible token (NFT) art projects made in support of Ukraine have seen a surge in interest lately, with many artists both in Ukraine and elsewhere jumping on the chance to contribute to the cause.
To help readers get an overview of the many projects that now exists where proceeds go...
Ukraine Tether Trading Volume Sees Strong Growth, Persistent Premiums
11.3.2022
Trading volume in the stablecoin tether (USDT) with Ukrainian hryvnia (UAH) is again seeing strong growth on crypto exchange Binance, with the volume on several days this week reaching and surpassing the level seen on the day the war started....
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Kraken to Distribute USD 10M to Ukrainian Clients, Total Donations 'Close to USD 100M'
10.3.2022
United States-based crypto exchange Kraken has announced an "ambitious aid package" aiming to distribute USD 10m in bitcoin (BTC) to its Ukrainian clients.
Ukrainian users who created a Kraken account prior to March 9 will be eligible to receive USD 1,000 worth of bitcoin starting March 10...
Ukraine Outlets Offer Exclusive Content Behind an NFT Paywall
9.3.2022
Three Ukrainian news outlets have partnered with Vault, a non-fungible token (NFT) platform, to offer exclusive content from within the country but behind an NFT paywall, requiring those interested to buy an "NFT key" in order to gain access.
The three outlets are Ukrainska Pravda, Novoye...
Ukraine Deputy Minister Praises Crypto Efficiency; Donations Spent on Military Necessities
9.3.2022
Ukraine's deputy minister of digital transformation Alex Bornyakov has noted crypto's efficiency, stating that blockchain clearing and settlements are conducted in near real-time, which enabled the country to deliver a "very quick" response.
Bornyakov detailed that by leveraging crypto's...
Crypto Trading in Russia Rises Again as Price Discounts Emerge
8.3.2022
Trading in bitcoin (BTC) and the stablecoin tether (USDT) is once again rising in Russia, with trading volume on both coins on Monday breaking their highs from the start of the war in Ukraine. Meanwhile, price discounts have emerged on Russian ruble (RUB) trading pairs, while Ukrainians...
Justin Sun Spoke of ‘Cooperation with Russia’ After Donating Funds to Ukraine
8.3.2022
The Tron (TRX) founder, soon-to-be astronaut, and World Trade Organization (WTO) diplomat Justin Sun is “playing both sides” of the conflict between Russia and Ukraine, social media users have remarked – after Sun posted what appeared to be news of talks with a senior Russian diplomat....
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Trezor Halted Wallet Shipments to Russia and Ukraine
7.3.2022
More crypto-related businesses are joining the sanction train making its rounds in Russia, following that country’s invasion of Ukraine. And this time, it’s a major company from the hardware wallet sector. But Ukraine has been hit as well.
Satoshi Labs, the maker of the popular hardware wallet...
Devs Publish Bitcoin, Ethereum Donation Guidelines for Russians Who Support Ukraine
7.3.2022
Ukrainian blockchain developers say they have created a web-based resource for Russians and Belarus-based individuals who want to make anonymous crypto donations to Ukraine-supporting funds.
The authors of the Russian-language web pages are Gleb Naumenko, who has been “working with the Bitcoin...
Ukraine Crypto Donations Reach a Plateau; 40% of the Country's Military Suppliers Accept Crypto
7.3.2022
Crypto donations to Ukrainian causes have slowed down over the weekend, while reports revealed that roughly 40% of Ukraine’s military suppliers accept crypto payments.
The Ukrainian government and non-profit organizations providing support to the military raised less than USD 2m over...
Bitcoin Is Helping Both Sides in Ukraine War, But It Won’t Wreck Russian Sanctions
6.3.2022
Gavin Brown, Associate Professor in Financial Technology, the University of Liverpool._____
War is expensive. The United States spent about USD 1.1tn on the 2003 Iraq war in today’s money, while the Falklands war cost the UK the equivalent of about GBP 2.6bn (USD 3.4bn). ...
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Crypto Trading Volumes in Ukraine, Russia Fall After the Early War Spike
4.3.2022
Crypto trading volumes using Ukrainian hryvnia (UAH) as the fiat currency have fallen to nearly their normal levels, despite banking restrictions in Ukraine making fiat transactions in the region increasingly difficult. From Russia, however, crypto trades using the Russian ruble (RUB) still...
Ukraine Crypto Donations Exceed USD 63M
4.3.2022
In a robust sign of support to Ukraine amid the country’s invasion by Russia, the global crypto industry has donated in excess of USD 63.25m as of today, with donations made in bitcoin (BTC), ethereum (ETH), and a number of other cryptos.
Data from blockchain ecosystem security firm SlowMist...
Impostors Are Trying to Trick Ukrainian Crypto Donors via Phishing Websites and Fake Donation Addresses
3.3.2022
Scammers and impostors are trying to take advantage of the horrific war unfolding in Ukraine by tricking unsuspecting crypto users wishing to help the country through donations.
These individuals and groups seem to be using any available means, including phishing webpages, forum posts, email...
Crypto Payments Firm CoinGate Partners with Ukraine Central Bank and IBS to Enable More Crypto Donations
3.3.2022
The Lithuania-based crypto payments processor CoinGate has teamed up with the National Bank of Ukraine (NBU) – the country’s central bank – and the international payments firm International Business Settlement (IBS) to allow crypto users to donate money to Ukraine’s Armed Forces using more than...
Ukraine Cancels Crypto Airdrop, Says It Plans to Issue NFTs Instead
3.3.2022
Ukraine has canceled a much-talked-about "airdrop" to people who have donated crypto to the country, with non-fungible tokens (NFTs) that support Ukraine’s Armed Forces now being planned instead, the country’s Minister of Digital Transformation, Mykhailo Fedorov, said on Twitter....
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Anonymous Reportedly Pledges to Pay Russian Soldiers USD 44K in Bitcoin per Surrendered Russian Tank
2.3.2022
The international hacker collective Anonymous is reportedly trying to buy off the already demoralized Russian troops by offering USD 44,280 in bitcoin (BTC) in return for every surrendered tank.
The hacker group has amassed over RUB 1.2bn (USD 10.6m) and is offering tank crews RUB 5m for each...